Minneapolis, MN Soybean Processing Report

MS_GR117   **CORRECTION IN SBM**
Minneapolis, MN    Wed Jan 09, 2013    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       46.64- 47.49      up 0.11-0.1      -300H to-175 F unch

46.5% Soybean Meal R   406.60- 417.60     dn 1.3 ***        -3 H to  +8 H unch

46.5% Soybean Meal T   406.60- 417.60     dn 1.3 ***        -3 H to  +8 H unch

Soybean Hulls-bulk     200.00- 210.00     unch

Soybean Hulls-pellets  205.00- 210.00     unch

                             Bids         Change                 Basis    Change
Soybeans              13.6550- 13.8550    dn 1             -20 H to  -0 H 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


14:51    c  cam

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. U.S. 2012/13 corn export prospects cut as global trade boosted
3. Feed grain supply prospects lowered on delayed plantings
4. Corn conditions a tad better than last year
5. Brent crude oil dips before U.S. Fed meeting
6. Grain markets proved mixed on Monday

1. Cattle crush Calif. dairy worker
2. Uncertainty hangs over milk futures market
3. Chobani pushes back against UK Greek yogurt ban
4. Will Smith dethroned in latest Peterson Farm Bros. parody
5. WASDE: Corn price outlook lowered
6. Bush criticizes Farm Bill

1. Commentary: On the meaning of ‘natural’
2. Commentary: Clueless consumers
3. Commentary: Why should we care about the farm bill?