Minneapolis, MN Soybean Processing Report

MS_GR117
Minneapolis, MN    Thu Feb 14, 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       49.95             up 0.04          -175H          unch

46.5% Soybean Meal R   401.20- 410.20     dn 0.9-3.9        -6 H to  +3 H unch-dn 3

46.5% Soybean Meal T   401.20- 410.20     dn 0.9-3.9        -6 H to  +3 H unch-dn 3

Soybean Hulls-bulk     200.00- 205.00     unch

Soybean Hulls-pellets  200.00- 205.00     dn 5-unch

                             Bids         Change                 Basis    Change
Soybeans              13.9800- 14.2200    up 1-dn 6        -20 H to  +4 H up 6-dn 1

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


14:29    c  cam

1. Corn planting pace turns from record slow to record fast
2. Ag markets seemed to follow gold higher Monday afternoon
3. Online systems keeps exporters abreast of market regulations
4. April milk production up 0.3 percent
5. New crop cottonseed market rallies in face of tight supplies
6. Corn and soybean prices continue to retrace 2012 drought rally

1. D.C. Watch: Farm bill progressing
2. Class III futures close out quietly last week
3. What are the drivers of profit in your dairy herd?
4. New dairy music parody rocks the web
5. Weather report: Rain spreads across the Corn Belt
6. Supreme Court rules against animal cruelty law

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