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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2019-02-12)

USDA U.S. Department of Agriculture - February 12, 2019

Minneapolis, MN    Tue Feb 12, 2019           USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, Feb 12, 2019
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

   The Mar Soybean Meal futures closed 0.30 lower at 309.20, May closed 0.30 lower at 
313.20. The Mar Soybean Oil futures closed 5 points lower at 30.35 cents per pound, 
May closed 1 point lower at 30.67 cents per pound. The Rail delivery of high protein 
Soybean Meal in Minnesota was 2.30 lower to 3.70 higher from 273.20-279.20, the basis 
was had no comparison from 36.00 under the March Soybean Meal futures to 34.00 under 
the May Soybean Meal futures. Linseed Meal, 34 pct protein was 5.00 to 10.00 lower 
from 215.00-220.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 
34 pct protein was 5.00 lower from 155.00-210.00 in the North Dakota-Minnesota area. 
Canola Meal was 5.30 to 10.30 lower from 209.20-214.20, the basis ranged from 90.00 
to 100.00 under the March Soybean Meal futures. Soybean Oil in Minnesota was 5 points 
lower from 30.33-31.33 cents per pound; the basis was steady from option to 100 
points over the March soybean oil futures.

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

   Wheat Middlings were steady 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 12, 2019        
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (T)    273.20-279.20   275.50-287.50   328.70-344.70
Linseed Meal, 34 pct          215.00-220.00   220.00-230.00   220.00-240.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                155.00-210.00   160.00-215.00   175.00-200.00
Canola Meal, 36 pct protein   209.20-214.20   Ltd 219.50      288.70       
Soybean Crude Oil, MN
 Cents per pound              30.33-31.33     30.38-31.38     30.57-31.32
Meat and Bone Meal, 50 pct    190.00-235.00   190.00-235.00   220.00-255.00
Feather Meal, 80 pct          525.00-575.00   525.00-575.00   415.00-460.00
Yellow Grease, 
   Cents per pound            20.00-21.00     20.00-21.00     16.00-19.50
Choice White Grease,
   Cents per pound            23.75-24.00     23.75-24.00     19.25-19.50
Wheat Middlings               68.00-85.00     68.00-85.00     80.00-100.00

Source:  USDA Market News Service, Minneapolis, MN
         LPGMN 612-370-3258
         24 hour recorded market information 612-370-3260  

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