NW_GR116                      ***Correction to soybean bid***
St. Joseph, MO     Tue, May 14, 2019     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   26.25-27.50      UP 0.15-DN 0.1   -75N to 50N    UP 25-UNCH

46.5% Soybean Meal R263.00-282.00    UP 4.8           -35N to -16N   UNCH

46.5% Soybean Meal T263.00-282.00    UP 4.8           -35N to -16N   UNCH

Soybean Hulls-bulk  80.00-110.00     UNCH

                    Bids             Change           Basis          Change
Soybeans         ***7.5950-7.8150    UP 0.75***       -72N to -50N   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: April 2019

Soybeans                         8.20
46.5% Soybean Meal R           282.55
46.5% Soybean Meal T           282.55
Soybean Hulls–bulk              97.50
Crude Soybean Oil               28.08

Source: USDA-MO Dept of Ag Market News, St. Joseph, MO
        John F Goetz,  Market Reporter  816-676-7000  StJoe.LPGMN@ams.usda.gov
        www.ams.usda.gov/mnreports/NW_GR116.txt
        www.ams.usda.gov/LPSMarketNewsPage
       


749C JFG