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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2020-01-07)

USDA U.S. Department of Agriculture - January 7, 2020

MS_GR215  

Minneapolis, MN         Tue January 07, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, January 7, 2020
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
The January Soybean Meal futures closed 1.10 lower at 296.40, March closed 1.00 lower 
at 301.30, and May closed 0.60 lower at 305.50. The January Soybean Oil futures 
closed 71 points lower at 34.46 cents per pound, March closed 71 points lower at 
34.74 cents per pound and May closed 71 points lower at 35.04 cents per pound. The 
Rail delivery of high protein Soybean Meal in Minnesota was 1.00 to 6.00 lower from 
276.30 to 281.30, the basis was 25 to 20 under the March Soybean Meal futures. 
Linseed Meal, 34 pct protein was 230.00-245.00 in the North Dakota-Minnesota area. 
Sunflower Meal, 13 pct fiber, 34 pct protein was 160.00-200.00 in the North Dakota-
Minnesota area. Canola Meal ranged from 211.30 to 241.30, the basis ranged from 90 to 
60 under the March Soybean Meal futures. Soybean Oil in Minnesota was 43 to 71  
points lower from 34.24-34.96 cents per pound, the basis ranged from 50 points under 
the March soybean oil futures to 50 points over the January soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was not available; Pork was not available.  
Yellow Grease was not available. Choice White Grease was not available. Feather Meal 
was not available. Ruminant Blood Meal was not available; Pork was not available.

Millfeeds:
  Wheat Middlings were 5.00 to 10.00 lower from 105.00-125.00

Bids/Offers prices are bulk per ton, in carlots unless specified. 
Animal ingredients are delivered MPLS, other ingredients are FOB.
                                      
                              This Week       December 30     Last Year    
Soybean Meal, 46.5 pct (R)    276.30-281.30   282.30          291.60-296.60
Linseed Meal, 34 pct          230.00-245.00   Not Available   215.00-220.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                160.00-200.00   Not Available   165.00-215.00
Canola Meal, 36 pct protein 
                              211.30-241.30   Not Available   221.60-240.60
Soybean Crude Oil,  
 Cents per pound              34.24-34.96     34.67-35.67     28.93-29.93
Meat and Bone Meal, 50 pct    Not Available   165.00-200.00   190.00-240.00
Feather Meal, 80 pct          Not Available   300.00-400.00   485.00-565.00
Yellow Grease, 
   Cents per pound            Not Available   20.00-26.50     19.25-20.50
Choice White Grease,
   Cents per pound            Not Available   22.00-27.50     22.00-23.00
Wheat Middlings               105.00-125.00   115.00-130.00   80.00-90.00  

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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