Minneapolis, MN Soybean Processing Report

MS_GR117
Minneapolis, MN    Fri Nov 16, 2012    USDA Market News

Minnesota Soybean Processor report

Minnesota Processor Bids and Offers as of 2:30 p.m.
(Prices Quoted-Oil Cents/lb, Meal, Hulls Dollars/ton, Grains Dollars/bu)

                             Offers       Change                 Basis    Change
Crude Soybean Oil       44.55- 45.80      dn 0.41          -250Z to-125 Z unch

46.5% Soybean Meal R   424.60- 429.60     dn 5.9            -0 Z to  +5 Z unch

46.5% Soybean Meal T   424.60- 433.60     dn 5.9            -0 Z to  +9 Z unch

Soybean Hulls-bulk     205.00- 215.00     unch

Soybean Hulls-pellets  205.00- 220.00     unch

                             Bids         Change                 Basis    Change
Soybeans              13.4825- 13.7125    dn 18.75         -35 F to -12 F unch

Changes in oil are cents per pound, changes in meals/hulls are dollars
per ton, changes in soybeans are cents per bushel.
Soybeans = US 1 Yellow; Soybean Meal R = Rail, T = Truck

Chicago Board of Trade month symbols: F January, H March, K May, N July,
Q August, U September, V October, X November, Z December

Source:  USDA Market News Service, Minneapolis, MN
         Carol Meinders 612-370-3258 Minneapolis.LGMN@ams.usda.gov
         24 hour price information 612-370-3260
         www.ams.usda.gov/mnreports/MS_GR117.txt
         www.ams.usda.gov/lsmarketnews


14:40    c  cam

1. Future of food discussion with Agriculture Secretary
2. Ag markets diverged prove rather volatile on Thursday
3. Dairy slaughter numbers drop a tad
4. Reduce your risk when commingling calves
5. Corn futures relapse in wake of Wednesday's rally
6. Wet U.S. Midwest sections may lead to fewer corn acres

1. Commentary: Milk faces branding dilemma
2. 4 rules for growing a business or industry
3. Chocolate milk a top post-workout food
4. Seven jobs more dangerous than farming
5. What do dairy exports mean for Minnesota?
6. Salma Hayek: Milk part of 'perfect' breakfast

1. Seven jobs more dangerous than farming
2. 2014 Farm Bill: Are we near an agreement?
3. Farm bill and immigration reform action needed
4. Class III futures close out quietly last week
5. 4 rules for growing a business or industry
6. White House urges Senate to cut crop insurance in farm bill