What's the salesprice for soyoil?
Kim

http://www.cbot.com/cbot/pub/page/0,3181,1312,00.html

Soybean oil futures on the CBOT will be pretty close.

I looked at the CBOT pricing for Soybean oil and am wondering what are the units of the pricing?

Is that per gallon, per liter, per pound?

cheers,
Lonnie

quote:

Originally posted by Lonnie Cumberland:
I looked at the CBOT pricing for Soybean oil and am wondering what are the units of the pricing?

Is that per gallon, per liter, per pound?

cheers,
Lonnie

It's US Cents per Pound - like US$0.3668 per pound

Bob

The price quote is for crude soybean oil FOB Chicago. To convert to fully refined oil one adds the cash basis, freight, and processing charges. the cost for jumbo rail cars of finished oil delivered to the West Coast today is about 40.5 cents per pound or about $3.11 per gallon.