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USDA-MS: National Feedstuffs Market Review

Minneapolis, MN - Wed, November 08, 2017 - USDA Market News

National Feedstuffs Market Review

**All prices quoted per ton unless otherwise noted**

The USDA Market News Service reports feed ingredient prices for the week ending 
November 7, 2017 were mixed. Soybean Meal was mixed, 7.00 lower to 3.80 higher, 
mostly 3.70 higher. Cottonseed Meal was steady to 5.00 lower. Whole Cottonseed was 
steady to 10.00 lower. Canola Meal was mixed, 1.30 lower to 13.70 higher. Linseed 
Meal was steady to 10.00 lower. Sunflower Meal was steady. Crude Soybean Oil was 27 
to 129 points higher, mostly 27 to 52 points higher. Crude Corn Oil was 5 points 
lower. Ruminant Meat and Bone Meal was mixed, 30.00 lower to 20.00 higher, mostly 
steady. Ruminant Blood Meal was steady to 25.00 lower. Feather Meal was mixed, 5.00 
lower to 15.00 higher. Menhaden Fishmeal was 5.00 to 50.00 higher. Corn Hominy was 
steady to 10.00 higher, mostly steady. Corn Gluten Feed was steady to 3.00 lower. 
Corn Gluten Meal was steady to 28.00 higher, mostly steady. Distillers Dried Grain 
was mixed, 5.00 lower to 10.00 higher. Wheat Middlings were mixed, 15.00 lower to 
10.00 higher. Wheat millrun was steady to 2.00 lower.

Oilseeds: The December Soybean Meal futures closed 3.70 higher at 315.50, January 
closed 3.90 higher at 317.70. The December Soybean Oil futures closed 27 points 
higher at 35.02 cents per pound, January closed 26 points higher at 35.18 cents per 
pound. Soybean Meal in Central Illinois was 2.70 to 3.70 higher from 305.50-317.50; 
Indiana-Ohio was mixed, 4.30 lower to 3.70 higher from 297.50-310.50; Iowa was 1.70 
to 3.70 higher from 275.50-295.50; Kansas City was 1.70 to 2.70 higher from 300.50-
301.50; Minneapolis 3.70 higher from 272.50-289.50; St. Louis was steady to 7.00 
lower from 321.00-338.00; Memphis was 3.80 higher from 326.10-338.10; Portland was 
steady to 3.70 higher from 340.50-355.00; BN Santa Fe delivered Chino Valley was 
mixed, 0.30 lower to 3.70 higher from 338.50-343.50; Union Pacific delivered Chino 
Valley was 3.70 to 4.70 higher from 341.50-343.50. Cottonseed Meal FOB the Central 
San Joaquin Valley in California steady from 257.00-275.00; Kansas City was steady 
from 230.00-285.00; St. Louis was steady at 255.00; Memphis was 5.00 lower from 
220.00-230.00. Whole Cottonseed FOB the Central San Joaquin Valley in California was 
steady to 2.00 lower from 275.00-285.00; delivered to Portland was steady to 10.00 
lower from 265.00-300.00; Memphis was steady at 145.00. Offers for nearby delivered 
Canola Meal, 34 to 36 percent protein, delivered to Portland was steady to 6.70 
higher from 243.50-265.00; Minneapolis was mixed, 1.30 lower to 13.70 higher from 
195.50-220.50. Linseed Meal, 34 pct protein was steady to 10.00 lower in North 
Dakota-Minnesota from 190.00-215.00. Sunflower Meal, 23 pct fiber, 28 pct protein was 
steady from 145.00-160.00 in the North Dakota-Minnesota area. The Soybean Oil in 
Central Illinois was 29 to 129 points higher from 33.52-34.77 cents per pound; 
Indiana-Ohio was 27 points higher from 34.52-34.77 cents per pound; Iowa was 27 to 52 
points higher from 34.27-34.52 cents per pound; Minnesota was 27 to 52 points higher 
from 34.27-34.52 cents per pound. Crude Corn Oil in Central Illinois was 5 points 
lower at 34.50 cents per pound.
	
ANIMAL PROTEINS: Ruminant Meat and Bone Meal in the Central U.S. was steady from 
175.00-230.00; FOB the Texas Panhandle was 10.00 to 20.00 higher from 200.00-220.00; 
Minneapolis mixed, 5.00 lower to 5.00 higher from 205.00-235.00; Kansas City was 
steady at 175.00; St. Louis was steady from 215.00-225.00; Portland FOB production 
points was 30.00 lower from 200.00-250.00; FOB Central and Northern California was 
15.00 to 20.00 lower from 250.00-270.00; FOB Los Angeles was 15.00 to 20.00 lower 
from 250.00-270.00. Pork Meat and Bone Meal in the Central U.S. ranged from 235.00-
260.00; Eastern Corn Belt had no quote; Minneapolis steady to 10.00 higher 250.00-
270.00; St. Louis steady to 20.00 higher from 225.00-270.00. Ruminant Blood Meal in 
the Central U.S. had no quote; FOB the Texas Panhandle had no quote; Minneapolis was 
steady to 25.00 lower from 510.00-600.00; delivered to the San Joaquin Valley was 
25.00 lower with limited trade at 650.00. Pork Blood Meal in the Central U.S. ranged 
was at 600.00; Eastern Corn Belt had no quote; Minneapolis was steady to 15.00 higher 
from 610.00-625.00. Feather Meal in Kansas City was steady from 365.00-400.00; 
Minneapolis was steady to 15.00 higher from 400.00-425.00; Arkansas had limited trade 
steady from 345.00-355.00; Mississippi was steady to 5.00 lower from 330.00-340.00. 
Menhaden Fishmeal in the Gulf having FAQ Quality was 5.00 to 50.00 higher from 
1255.00-1355.00; Select Quality was 5.00 to 50.00 higher from 1255.00-1355.00. 
Menhaden Fishmeal at the East Coast FAQ Quality was 5.00 to 50.00 higher at 1355.00; 
and Select Quality was 5.00 to 50.00 higher at 1355.00.

CORN FEEDS: Yellow Corn Hominy in Central Illinois was steady at 88.00 for rail, 
truck was steady to 5.00 higher from 90.00-110.00. Kansas City (Northwest) was 10.00 
higher at 100.00; St. Louis was not available; California rail was steady with 
limited trade at 160.00. Corn Gluten Feed in the Midwest (IA, IL, IN) was steady to 
2.00 lower from 85.00-98.00; Kansas City was steady to 3.00 lower from 135.00-137.00; 
St. Louis was steady from 140.00-150.00. Corn Gluten Meal, 60 percent protein in the 
Midwest (IA, IL, IN) was 10.00 to 28.00 higher from 470.00-508.00; Kansas City was 
steady at 540.00; St. Louis was steady from 530.00-545.00. Distillers Dried Grain 
prices in Eastern Corn-belt were mixed, 2.00 lower to 6.00 higher from 105.00-141.00; 
Chicago area steady at 120.00; Nebraska was 1.00 to 5.00 higher from 116.00-135.00; 
Minnesota steady to 10.00 higher from 110.00-125.00; Kansas was steady to 10.00 
higher from 130.00-145.00; Iowa was mixed, 5.00 lower to 5.00 higher from 110.00-
120.00; Northern Missouri was 2.00 to 5.00 higher from 130.00-132.00; South Dakota 
was 0.50 to 10.00 higher from 107.50-125.00; St. Louis was steady from 120.00-130.00; 
Wisconsin was steady from 110.00-120.00; California was steady to 5.00 higher from 
179.00-195.00; Pacific Northwest mills was steady to 1.00 higher from 185.00-192.00.

WHEAT MILLFEEDS: Wheat Middlings in Buffalo, NY were steady to 5.00 higher 80.00-
85.00; Kansas City was steady to 9.00 higher from 70.00-80.00; Minneapolis was 10.00 
higher from 70.00-95.00; St. Louis was 3.00 to 15.00 lower from 98.00-122.00. Wheat 
Millrun delivered Portland was steady at 125.00; FOB Los Angeles mill was steady to 
2.00 lower from 108.00-131.00.

OTHERS: In the south Rice Bran, Millfeed and Rice Hulls were steady. In California, 
Rice Bran prices were steady. Alfalfa Meal prices were steady to 5.00 higher across 
the nation this past week.

Source:  USDA Market News Service, Minneapolis, MN
         LPGMN 612-370-3258 Minneapolis.LPGMN@ams.usda.gov
         24 hour recorded market information 612-370-3260
         www.ams.usda.gov/mnreports/MS_GR850.txt
         www.ams.usda.gov/lsmarketNews

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