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USDA - AMS: National Feedstuffs Market Review (2019-03-27)

USDA U.S. Department of Agriculture - March 27, 2019

MS_GR850 Minneapolis, MN    Wed, Mar 27, 2019        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 Mar 
26, 2019 were mixed. Soybean Meal was mixed, 3.80 lower to 8.20 higher. Cottonseed 
Meal was steady to 30.00 higher.  Whole Cottonseed was 2.00 to 25.00 higher.  Canola 
Meal was 5.80 higher in Minnesota. Linseed Meal was steady to 15.00 higher. Sunflower 
Meal was steady. Crude Soybean Oil was 34 to 59 points lower. Crude Corn Oil was 
steady. Ruminant Meat and Bone Meal was mostly steady. Ruminant Blood Meal was 25.00 
higher. Feather Meal was 10.00 lower. Yellow Corn Hominy was steady to 18.00 higher. 
Corn Gluten Feed was mixed, 10.00 lower to 19.00 higher. Corn Gluten Meal was 5.00 to 
20.00 lower. Distillers Dried Grain was mixed, 6.00 lower to 10.00 higher, mostly 
steady to 10.00 higher. Wheat Middlings were steady to 10.00 lower. Wheat millrun was 
steady to 5.00 lower.

Oilseeds: The May Soybean Meal futures closed 0.20 higher at 311.00, July closed 0.50 
higher at 314.80. The May Soybean Oil futures closed 59 points lower at 28.65 cents 
per pound and July closed 58 points lower at 28.98 cents per pound. The Rail delivery 
of high protein Soybean Meal in Central Illinois was 0.20 to 1.20 higher from 306.00-
313.00; Indiana-Ohio was 0.20 higher from 296.00-306.00; Iowa was 0.20 to 3.20 higher 
from 278.00-297.00; Kansas City was 1.80 to 3.80 lower from 296.00-300.00; 
Minneapolis was 0.20 to 6.80 higher from 275.00-283.00; St. Louis was 8.00 higher 
from 323.00-328.00; Memphis was 5.30 to 6.30 higher from 320.10-341.10; Portland was 
0.20 to 7.00 higher from 361.00.00-382.00; BN Santa Fe/Union Pacific delivered Chino 
Valley was mixed, 2.80 lower to 8.20 higher from 359.00-368.00. Cottonseed Meal FOB 
the Central San Joaquin Valley in California was steady to 30.00 higher from 290.00-
335.00; Kansas City was steady to 5.00 higher at 265.00; St. Louis was steady at 
260.00; Memphis was steady from 220.00-230.00. Whole Cottonseed FOB the Central San 
Joaquin Valley in California was 5.00 to 10.00 higher from 285.00-300.00; delivered 
to Portland was 5.00 to 25.00 higher from 325.00-330.00; Memphis was 2.00 higher at 
180.00. Offers for nearby delivered Canola Meal, 34 to 36 percent protein, delivered 
to Portland was not available; FOB Central San Joaquin Valley was not available; 
Minneapolis was 5.80 higher with limited offers at 236.00. Linseed Meal, 34 pct 
protein in North Dakota-Minnesota was steady to 15.00 higher from 235.00-250.00. 
Sunflower Meal, 23 pct fiber, 28 pct protein was steady from 165.00-215.00 in the 
North Dakota-Minnesota area. The Soybean Oil in Central Illinois was 59 points lower 
from 27.65-28.15 cents per pound; Indiana-Ohio was 34 to 59 points lower from 27.90-
30.40, Iowa was 34 to 59 points lower from 27.40-29.40; Minnesota was 59 points lower 
from 28.15-29.40. Crude Corn Oil in Central Illinois was steady from 26.30-27.50 
cents per pound.

ANIMAL PROTEINS: Ruminant Meat and Bone Meal in the Central U.S. was steady at 
250.00; FOB the Texas Panhandle was 10.00 lower to 30.00 higher from 195.00-235.00; 
Minneapolis ranged 225.00-230.00; Kansas City was steady at 250.00; St. Louis was not 
available; Portland FOB production points was steady from 190.00-220.00; FOB Central 
and Northern California was steady from 200.00-210.00; FOB Los Angeles was steady 
from 200.00-210.00. Pork Meat and Bone Meal in the Central U.S. had no quote; Eastern 
Corn Belt was 25.00 lower at 230.00; Minneapolis was 250.00; St. Louis was not 
available. Ruminant Blood Meal in the Central U.S. had no quote; FOB the Texas 
Panhandle had no quote; Minneapolis ranged 650.00-750.00; delivered to the San 
Joaquin Valley was 25.00 higher at 825.00. Pork Blood Meal in the Central U.S. had no 
quote; Eastern Corn Belt had no quote; Minneapolis was 700.00. Feather Meal in Kansas 
City was 10.00 lower from 410.00-415.00; Minneapolis ranged 440.00-475.00; Arkansas 
was 10.00 lower from 390.00-400.00; Mississippi was 10.00 lower from 380.00-390.00. 

CORN FEEDS: Yellow Corn Hominy in Central Illinois was steady at 95.00 for rail, 
truck was steady at 100.00; Kansas City (Northwest) was not available; St. Louis was 
not available; California rail was steady at 183.00, truck was 5.00 to 18.00 higher 
from 190.00-208.00. Corn Gluten Feed in the Midwest (IA, IL, IN) was steady from 
85.00-105.00; Kansas City was steady from 170.00-180.00; St. Louis was 10.00 lower at 
145.00, California was 7.00 to 19.00 higher from 215.00-227.00. Corn Gluten Meal, 60 
percent protein in the Midwest (IA, IL, IN) was 5.00 to 20.00 lower from 380.00-
410.00; Kansas City was not available; St. Louis was 10.00 lower at 425.00. 
Distillers Dried Grain prices in Iowa were 1.00 to 8.00 higher from 135.00-146.00; 
Eastern Cornbelt (IL, IN, OH, MI) was steady from 125.00-175.00; Kansas was steady to 
8.00 higher from 145.00-185.00; Minnesota was 4.00 to 5.00 lower from 126.00-135.00; 
Nebraska was steady to 10.00 higher from 135.00-188.00; Wisconsin was steady to 3.00 
higher from 133.00-145.00; South Dakota was steady to 3.00 higher from 132.00-146.00; 
Missouri was 2.00 to 6.00 higher from 150.00-169.00; St. Louis was not available; 
California was 2.00 to 10.00 higher from 210.00-212.00; Pacific Northwest mills were 
3.00 to 10.00 higher from 220.00-223.00.

WHEAT MILLFEEDS: Wheat Middlings in Buffalo, NY were steady at 90.00; Kansas City 
were 4.00 lower from 94.00-104.00; Minneapolis was 2.00 to 10.00 lower from 80.00-
95.00; St. Louis was steady to 3.00 lower from 112.00-125.00. Wheat Millrun delivered 
Portland was steady at 150.00; FOB Los Angeles mill was steady to 5.00 lower from 
125.00-140.00.

OTHERS: In the south Rice Bran, Millfeed and Hull prices were steady. In California, 
Rice Bran and Rice were steady. Alfalfa Meal prices were mostly not available.

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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