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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2020-03-03)

USDA U.S. Department of Agriculture - March 3, 2020

MS_GR215  

Minneapolis, MN         Tue February 25, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, February 25, 2020
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
The March Soybean Meal futures closed 17.10 higher at 310.10, July closed 14.80 
higher at 314.10. The May Soybean Oil futures closed 46 points lower at 29.16 cents 
per pound, July closed 51 points lower at 29.50 cents per pound. The Rail delivery of 
high protein Soybean Meal in Minnesota was 13.10 to 16.10 higher 285.10-286.10, the 
basis was 1.00 to 4.00 lower from 25.00 to 24.00 under the May Soybean Meal futures. 
Linseed Meal, 34 pct protein was mixed, 10.00 lower to 25.00 higher from 235.00-
300.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct 
protein was mixed, 15.00 lower to 5.00 higher from 170.00-190.00 in the North Dakota-
Minnesota area. Canola Meal was 11.10 to 13.60 higher from 195.10-214.10, the basis 
ranged 115.00 to 95.00 under the May Soybean Meal futures. Soybean Oil in Minnesota 
was 7 points lower from 28.66-29.16 cents per pound, the basis ranged 50 points under 
to 0 points over the May 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 mixed, 2.00 lower to 3.00 higher from 73.00-93.00.

Bids/Offers prices are bulk per ton, in carlots unless specified. 
Animal ingredients are delivered MPLS, other ingredients are FOB.
                                      
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (R)    285.10-286.10   269.00-273.00   274.00-276.00
Linseed Meal, 34 pct          235.00-300.00   245.00-275.00   230.00-235.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                170.00-190.00   165.00-205.00   165.00-210.00
Canola Meal, 36 pct protein   195.10-214.10   181.50-203.00   230.00
Soybean Crude Oil,  
 Cents per pound              28.66-29.16     28.73-29.23     29.52-30.73
Meat and Bone Meal, 50 pct    Not Available   170.00-200.00   200.00-250.00
Feather Meal, 80 pct          Not Available   325.00          475.00-525.00
Yellow Grease, 
   Cents per pound            Not Available   23.00-24.50     19.00-21.00  
Choice White Grease
   Cents per pound            Not Available   26.50-28.00     21.50-23.50  
Wheat Middlings               73.00-93.00     75.00-90.00     78.00-100.00 

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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