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Assume the following spot prices and that they equal the futures prices for September delivery. Soybeans $10.815 per bushel Soybean Meal $318.90 per ton Soybean

Assume the following spot prices and that they equal the futures prices for September delivery.

Soybeans $10.815 per bushel

Soybean Meal $318.90 per ton

Soybean Oil $.3698 per pound

Calculate the gross profit margin (GPM) in dollars and percentage from crushing one bushel of soybeans.

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