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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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