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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2019-04-30)

USDA U.S. Department of Agriculture - April 30, 2019

MS_GR215  
Minneapolis, MN    Tue Apr 30, 2019           USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, Apr 30, 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 5.00 lower at 296.00, July close 4.40 lower at 
300.10, August closed at 301.50. The May Soybean Oil futures closed 48 points lower 
at 27.58 cents per pound, July closed 49 points lower at 27.88 cents per pound and 
August closed at 28.02 cents per pound.  The Rail delivery of high protein Soybean 
Meal in Minnesota was 4.90 to 7.90 lower from 266.10-268.10, the basis ranged 34.00 
to 32.00 under the July Soybean Meal futures. Linseed Meal, 34 pct protein was steady 
to 10.00 lower from 225.00-250.00 in the North Dakota-Minnesota area. Sunflower Meal, 
13 pct fiber, 34 pct protein was steady from 155.00-165.00 in the North Dakota-
Minnesota area. Canola Meal was 0.90 to 5.90 lower from 210.10-220.10, the basis 
ranged 80.00 to 90.00 under the July Soybean Meal futures. Soybean Oil in Minnesota 
was 18 to 49 points lower from 27.38-28.38 cents per pound; the basis ranged 50 
points under to 50 points over the July soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was mostly steady from 180.00-230.00; Pork was 
limited at 235.00.  Yellow Grease was steady to 25 points lower from 19.00-21.00 
cents per pound. Choice White Grease was 100 to 200 points higher from 23.00-24.00 
cents per pound.  Feather Meal was 25.00 to 45.00 lower from 400.00-440.00. Ruminant 
Blood Meal was steady from 700.00-800.00; Pork was steady to 25.00 higher from 
825.00-875.00. 

Millfeeds:
   Wheat Middlings were 5.00 to 8.00 lower from 63.00-77.00.

Bids/Offers prices are bulk per ton, in carlots unless specified. 
Animal ingredients are delivered MPLS, other ingredients are FOB.
                              Apr 30, 2019        
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (R)    266.10-268.10   271.00-276.00   372.40-386.40
Linseed Meal, 34 pct          225.00-250.00   235.00-250.00   250.00-270.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                155.00-165.00   155.00-165.00   185.00-225.00
Canola Meal, 36 pct protein   210.10-220.10   216.00-221.00   294.40-304.40
Soybean Crude Oil, MN
 Cents per pound              27.38-28.38     27.87-28.56     28.83-29.58
Meat and Bone Meal, 50 pct    180.00-230.00   175.00-230.00   290.00-340.00
Feather Meal, 80 pct          400.00-440.00   425.00-485.00   550.00-615.00
Yellow Grease, 
   Cents per pound            19.00-21.00     19.00-21.25     18.00-24.050
Choice White Grease,
   Cents per pound            23.00-24.00     21.00-23.00     23.00-25.50
Wheat Middlings               63.00-77.00     68.00-85.00     90.00-125.00

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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