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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2021-04-06)

USDA U.S. Department of Agriculture - April 6, 2021

MS_GR215    

Minneapolis, MN         Tue April 06, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, April 06, 2021
**All prices are quoted per ton, unless otherwise noted. **


Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
       The May Soybean Meal futures closed 8.20 higher at 406.40, July closed 8.40 
higher at 408.50 and August closed 9.60 higher at 404.30. The May Soybean Oil futures 
closed 346 points higher at 53.92 cents per pound, July closed 369 points higher at 
52.00 cents per pound and August closed 389 points higher at 50.26 cents per pound. 
The Truck delivery of high protein Soybean Meal in Minnesota was 3.20 to 6.20 higher 
from 391.40-396.40, the basis was 2.00 to 5.00 lower from 15.00 to 10.00 under the 
May Soybean Meal futures. Linseed Meal, 34 pct protein was steady at 350.00 with 
limited trade in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 
pct protein was steady to 5.00 higher from 250.00-290.00 in the North Dakota-
Minnesota area. Canola Meal was 8.20 higher from 321.40-346.40, the basis was steady 
from 85.00 60.00 under the May Soybean Meal futures. Soybean Oil in Minnesota ranged 
66.42-73.92 cents per pound, the basis ranged 1250 to 2000 points over the May 
Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady to 35.00 higher from 325.00-
390.00; Pork was mixed, 30.00 lower to 45.00 higher from 395.00-410.00. Yellow Grease 
was 100 points to 500 points higher from 39.00-45.00 cents per pound. Choice White 
Grease was mixed, 200 points lower to 100 points higher from 46.00-51.50 cents per 
pound. Feather Meal 35.00 to 130.00 higher from 535.00-680.00. Ruminant Blood Meal 
was steady from 1000.00-1100.00; Pork was steady to 150.00 higher from 1050.00-
1200.00.

Millfeeds:
  Wheat Middlings was steady to 10.00 lower from 138.00-174.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct (T)    391.40-396.40   385.20-393.20   278.80     
Linseed Meal, 34 pct          350.00          350.00          250.00-285.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                250.00-290.00   250.00-285.00   175.00-185.00
Canola Meal, 36 pct protein   321.40-346.40   313.20-338.20   203.80-243.80 
Soybean Crude Oil,  
 Cents per pound              66.42-73.92     N/A             27.48-27.98
Meat and Bone Meal, 50 pct    325.00-390.00   290.00-390.00   220.00-250.00
Feather Meal, 80 pct          535.00-680.00   500.00-550.00   325.00-350.00
Yellow Grease, 
   Cents per pound            39.00-45.00     38.00-40.00     19.00-21.00  
Choice White Grease
   Cents per pound            46.00-51.50     45.00-53.50     21.00-22.75  
Wheat Middlings               138.00-174.00   148.00-174.00   80.00-105.00

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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