NW_GR116 St. Joseph, MO Tue, Nov 17, 2020 USDA Market News Weekly Iowa Soybean Processor report Iowa Processor Bids and Offers as of 2:30 p.m. (Prices Quoted-Oil Cents/lb, Meal, Hulls Dollars/ton, Grains Dollars/bu) Offers Change Basis Change Crude Soybean Oil 38.00-38.75 UP 1.44 50Z to 125Z UNCH 46.5% Soybean Meal R380.80-395.80 UP 1 -15Z to OptZ UNCH 46.5% Soybean Meal T380.80-395.80 UP 1 -15Z to OptZ UNCH Soybean Hulls-bulk 145.00-190.00 UNCH-DN 5 Bids Change Basis Change Soybeans 11.2775-11.4975 UP 23.75 -42F to -20F UNCH Changes in oil are cents per pound, changes in meals/hulls are dollars per ton, changes in soybeans are cents per bushel. Soybeans = US 1 Yellow; Soybean Meal R = Rail, T = Truck Chicago Board of Trade month symbols: F January, G February, H March, J April, K May, M June, N July, Q August, U September, V October, X November, Z December ------------------------------------------------------------------------------ Monthly Prices for: October 2020 Soybeans 10.22 46.5% Soybean Meal R 358.73 46.5% Soybean Meal T 358.73 Soybean Hulls–bulk 149.38 Crude Soybean Oil 34.41 Source: USDA-MO Dept of Ag Market News, St. Joseph, MO John Ervin, Market Reporter 816-676-7000 StJoe.LPGMN@ams.usda.gov         www.ams.usda.gov/mnreports/NW_GR116.txt         www.ams.usda.gov/LPSMarketNewsPage         1344Cje