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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2019-02-05)

USDA U.S. Department of Agriculture - February 5, 2019

MS_GR215  
Minneapolis, MN    Tue Feb 05, 2019           USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, Feb 5, 2019
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
   The Mar Soybean Meal futures closed 2.30 lower at 309.50, May closed 2.30 lower at 
313.50. The Mar Soybean Oil futures closed 27 points higher at 30.38 cents per pound, 
May closed 25 points higher at 30.68 cents per pound. The Rail delivery of high 
protein Soybean Meal in Minnesota was 2.30 to 11.30 lower at 275.50, the basis was 
steady to 9.00 lower at 34.00 under the March Soybean Meal futures. Linseed Meal, 34 
pct protein was 5.00 higher from 220.00-230.00 in the North Dakota-Minnesota area. 
Sunflower Meal, 13 pct fiber, 34 pct protein was steady to 5.00 lower from 160.00-
215.00 in the North Dakota-Minnesota area. Canola Meal was limited at 219.50, the 
basis was limited at 90.00 under the March Soybean Meal futures. Soybean Oil in 
Minnesota was mixed, 23 points lower to 27 points higher from 30.38-31.38 cents per 
pound; the basis was steady to 50 points lower from option to 100 points over the 
March soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady to 5.00 lower from 190.00-235.00; 
Pork was mixed, 15.00 lower to 15.00 higher from 230.00-275.00. Yellow Grease was 
steady from 20.00 to 21.00 cents per pound. Choice White Grease was mixed, 50 points 
lower to 125 points higher from 23.75 to 24.00 cents per pound. Feather Meal was 
steady from 525.00-575.00. Ruminant Blood Meal was steady to 10.00 lower from 480.00-
575.00; Pork was 15.00-25.00 higher from 600.00-650.00.

Millfeeds:
   Wheat Middlings were 2.00 to 5.00 lower from 68.00-85.00.

Bids/Offers prices are bulk per ton, in carlots unless specified. 
Animal ingredients are delivered MPLS, other ingredients are FOB.
                              Feb 5, 2019        
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (T)    275.50-287.50   281.00-291.00   296.40-310.40
Linseed Meal, 34 pct          220.00-230.00   215.00-225.00   220.00-230.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                160.00-215.00   165.00-215.00   165.00-200.00
Canola Meal, 36 pct protein   Ltd 219.50      Ltd 221.80      221.70-241.70
Soybean Crude Oil, MN
 Cents per pound              30.38-31.38     30.11-31.61     32.16-32.91
Meat and Bone Meal, 50 pct    190.00-235.00   190.00-240.00   210.00-235.00
Feather Meal, 80 pct          525.00-575.00   525.00-575.00   415.00-445.00
Yellow Grease, 
   Cents per pound            20.00-21.00     20.00-21.00     16.00-19.00
Choice White Grease,
   Cents per pound            23.75-24.00     22.50-24.50     18.50-19.00
Wheat Middlings               68.00-85.00     70.00-90.00     90.00-110.00

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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