Minneapolis, MN Soybean Processing Report

MS_GR117
Minneapolis, MN          Mon  Apr 04, 2011     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      57.05- 57.30    dn 0.13          -150K to-125 K unch
46.5% Soybean Meal R  322.00- 330.00   dn 3.9           -35 K to -27 K unch
46.5% Soybean Meal T  322.00- 330.00   dn 3.9           -35 K to -27 K unch
Soybean Hulls-bulk    163.00- 170.00   unch
Soybean Hulls-pellets 163.00- 170.00   unch
                            Bids       Change                 Basis    Change
Soybeans             13.1400- 13.4900  dn 9.75          -70 K to -35 K 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
         612-370-3258
         www.ams.usda.gov/mnreports/MS_GR117.txt

(Source: http://www.dairyherd.com/dairy-news/markets/grains/Minneapolis--MN--Soybean-Processing-Report-119601.html)