Minneapolis, MN Soybean Processing Report

MS_GR117
Minneapolis, MN    Tue Feb 05, 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       50.73- 51.23      dn 0.13          -225H to-175 H unch

46.5% Soybean Meal R   433.50- 444.50     up 4.2            -5 H to  +6 H unch

46.5% Soybean Meal T   433.50- 444.50     up 4.2            -5 H to  +6 H unch

Soybean Hulls-bulk     200.00- 205.00     unch

Soybean Hulls-pellets  205.00             unch

                             Bids         Change                 Basis    Change
Soybeans              14.6950- 15.0350    up 6.75          -26 H to  +8 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/lpsmarketnewspage


14:27    c  cam

1. 4 rules for growing a business or industry
2. Corn planting pace turns from record slow to record fast
3. Ag markets seemed to follow gold higher Monday afternoon
4. Online systems keeps exporters abreast of market regulations
5. April milk production up 0.3 percent
6. New crop cottonseed market rallies in face of tight supplies

1. D.C. Watch: Farm bill progressing
2. April milk production up 0.3 percent
3. Class III futures close out quietly last week
4. What are the drivers of profit in your dairy herd?
5. Farmers dodge showers to plant corn at breakneck pace
6. 4 rules for growing a business or industry

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