Projected prices for soybeans and soybean oil are reduced in this month\'s WASDE report. The range for the season-average soybean price is lowered 10 cents at the midpoint to $9.60 to $10.60 per bushel based on marketing to date and lower expected prices for the second half of the marketing year. Soybean oil prices are projected at 30 to 33 cents per pound, down 0.5 cents at the midpoint. Soybean meal prices are projected at $355 to $385 per short ton, unchanged at the midpoint.
Download World Agricultural Supply and Demand Estimates report released April 9, 2015. PDF l Excel