MS_GR117 Minneapolis, MN Tue Jun 16, 2020 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 27.49 dn 0.24 -50 N unch 46.5% Soybean Meal R 275.90 dn 1.2 -12 N dn 2 46.5% Soybean Meal T 275.90- 287.90 dn 1.2-up 0.8 -12 N to -0 N dn 2-unch Soybean Hulls-bulk 130.00- 150.00 dn 5-30 Soybean Hulls-pellets 135.00- 150.00 unch-dn 30 Bids Change Basis Change Soybeans 8.2400- 8.4200 up 3.75 -43 N to -25 N 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 Minnesota.LPGMN@ams.usda.gov 24 hour price information 612-370-3260 www.ams.usda.gov/mnreports/ms_gr117.txt www.ams.usda.gov/lpsmarketnewspage 15:53 c cam