Commodities
US@ZCL.1 - Soybean Oil Composite CBOT
14 May 2008Last/Bid 53
Ask 52.870
Net Change +1.360
Last Close 0.000
Prev. Settlement 51.480
$ USD
Date 01 Apr 2008 13:07
High 52.840
Low 48.600
Last Close Date 01 Apr 2008
Settle Date 30 Mar 2008
Exchange USBF

All quotes delayed at least 20 minutesMarket Update

Here is the current market for soy oil. This might be quite stupid but how do you read this? When it says ask52.870 is that for pounds or gallons? This something new to me , to watch the market and especially soy since it will reflect our price of biodiesel.