The 2013/14 season-average soybean price range is projected at $11.95 to $13.45, up 20 cents on both ends. The soybean meal price is projected at $425 to $465 per short ton, up 10 dollars on both ends of the range. The soybean oil price projection is lowered 1.5 cents at the midpoint with the range narrowed to 34.5 to 37.5 cents per pound.
Download the WASDE Report published February 10, 2014 from the link below (PDF).
