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A bushel of soybean (60 pounds) currently (August 2012) sells for around $16-17.

Non GMO food grade soybean (yellow hilum) sold for a $2.15 premium but yield is usually lower.

It is a very volatile market that changes from day to day, and we don't have the data on the 2012 crop yet, the U.S. drought seems to have ended so there will probably be no shortage and no spiked prices.

Prices in January 2012 were around $12 per bushel.

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