MS_GR117 Minneapolis, MN Tue May 26, 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 26.27- 27.02 up 0.18 -100N to -25 N unch 46.5% Soybean Meal R 275.90- 278.90 dn 8.7-10.7 -8 N to -5 N dn 8-10 46.5% Soybean Meal T 275.90- 285.90 dn 8.7-3.7 -8 N to +2 N dn 8-3 Soybean Hulls-bulk 150.00- 180.00 up 5-unch Soybean Hulls-pellets 150.00- 180.00 up 5-unch Bids Change Basis Change Soybeans 8.0400- 8.3200 dn 1.5-0.5 -43 N to -15 N dn 6-5 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 14:10 c cam