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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2019-03-19)

USDA U.S. Department of Agriculture - March 19, 2019

MS_GR215  
Minneapolis, MN    Tue Mar 19, 2019           USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, Mar 19, 2019
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
   The May Soybean Meal futures closed 7.80 higher at 310.80, July closed 
7.30 higher at 314.30. The May Soybean Oil futures closed 75 points lower 
at 29.24 cents per pound and July closed 75 points lower at 29.56 cents 
per pound.  The Rail delivery of high protein Soybean Meal in Minnesota was 
7.80 higher from 274.80-276.80, the basis was steady from 36.00 to 34.00 
under the May Soybean Meal futures. Linseed Meal, 34 pct protein was 
steady to 5.00 higher at 235.00 in the North Dakota-Minnesota area. 
Sunflower Meal, 13 pct fiber, 34 pct protein was steady from 165.00-
215.00 in the North Dakota-Minnesota area. Canola Meal was 2.80 higher 
with limited offers at 230.80, the basis was limited at 80.00 under the 
May Soybean Meal futures. Soybean Oil in Minnesota was 75 points lower 
from 28.74-29.99 cents per pound; the basis was steady from 50 points 
under to 75 points over the May soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was not established; Pork was not 
established. Yellow Grease was steady from 19.00-20.50 cents per pound. 
Choice White Grease was not established. Feather Meal was not established. 
Ruminant Blood Meal was not established. Pork was not established. 

Millfeeds:
   Wheat Middlings were 2.00 to 3.00 higher from 82.00-105.00.

Bids/Offers prices are bulk per ton, in carlots unless specified. 
Animal ingredients are delivered MPLS, other ingredients are FOB.
                              Mar 19, 2019        
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (R)    274.80-276.80   267.00-269.00   322.70-336.70
Linseed Meal, 34 pct          235.00-235.00   230.00-235.00   235.00-240.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                165.00-215.00   165.00-215.00   185.00-190.00
Canola Meal, 36 pct protein   Ltd. 230.80     Ltd 228.00      251.70
Soybean Crude Oil, MN
 Cents per pound              28.74-29.99     29.49-30.74     30.49-31.24
Meat and Bone Meal, 50 pct    Not Established 200.00-250.00   275.00-310.00
Feather Meal, 80 pct          Not Established 470.00-525.00   440.00-560.00
Yellow Grease, 
   Cents per pound            19.00-20.50     19.00-20.50     16.00-20.00
Choice White Grease,
   Cents per pound            Not Established 21.50-23.00     20.00-23.00
Wheat Middlings               82.00-105.00    80.00-102.00    67.00-87.00

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_GR215.txt
         www.ams.usda.gov/lsmarketNews  


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