Minneapolis, MN Soybean Processing Report

MS_GR117
Minneapolis, MN    Fri Mar 15, 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       48.66- 48.91      up 0.57          -125K to-100 K unch

46.5% Soybean Meal R   408.80             dn 6.2           -10 K          unch

46.5% Soybean Meal T   408.80- 413.80     dn 6.2           -10 K to  -5 K unch

Soybean Hulls-bulk     205.00- 210.00     up 5

Soybean Hulls-pellets  205.00- 215.00     unch-up 10

                             Bids         Change                 Basis    Change
Soybeans              14.2600- 14.5900    dn 9.5-7.5        -0 K to +33 K unch-up 2

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


14:35    c  cam

1. YSA members gain insight into agribusiness, retail industries
2. Meat industry associations quick to attack the new MCOOL rule
3. Team up against bovine respiratory disease
4. Oil prices pare losses on U.S. equities turnaround
5. Future of food discussion with Agriculture Secretary
6. Ag markets diverged prove rather volatile on Thursday

1. Former Eastern Livestock CEO, CFO sentenced for federal crimes
2. Post-tornado composting a solution for disposal of dead livestock
3. Michigan hay buyers should plan purchases early
4. More beef cows in worst drought regions than a year ago
5. Seven jobs more dangerous than farming
6. New animal identification rules aid disease traceability

1. Commentary: GMOs: How do I hate thee?
2. Commentary: In praise of animal foods
3. Seven jobs more dangerous than farming
4. What’s on America’s grill this weekend?
5. New animal identification rules aid disease traceability
6. 4 rules for growing a business or industry