Minneapolis, MN Soybean Processing Report

MS_GR117
Minneapolis, MN    Wed Dec 26, 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       44.79- 46.79      dn 0.42          -350F to-150 F unch

46.5% Soybean Meal R   428.30- 443.30     dn 2.5            -3 F to +12 F unch

46.5% Soybean Meal T   428.30- 443.30     dn 2.5            -3 F to +12 F unch

Soybean Hulls-bulk     200.00- 205.00     unch

Soybean Hulls-pellets  200.00- 205.00     unch

                             Bids         Change                 Basis    Change
Soybeans              13.9850- 14.1750    dn 10.75-15.25   -20 H to  -7 F unch-dn 9

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


14:31    c  cam

1. Corn and soybean prices continue to retrace 2012 drought rally
2. Ag markets generally mixed to start this week
3. USDA announces Conservation Reserve Program sign-up
4. South Dakota State University dairy faculty works With USAID
5. What are the drivers of profit in your dairy herd?
6. Fire kills 17 calves at Idaho farm

1. Class III futures close out quietly last week
2. D.C. Watch: Farm bill progressing
3. What are the drivers of profit in your dairy herd?
4. Weather report: Rain spreads across the Corn Belt
5. Farmers dodge showers to plant corn at breakneck pace
6. Ag markets were mixed to start the new week

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. Commentary: Slanting the statistics
3. World food supply depends on character, virtuous leadership
4. Buffet concerned about soil and starvation
5. Cold spring stunts upper Midwest hay crop
6. N.M. rancher charged with 43 counts of animal cruelty