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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2021-04-13)

USDA U.S. Department of Agriculture - April 13, 2021

MS_GR215    

Minneapolis, MN         Tue April 13, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, April 13, 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 11.40 lower at 395.00, July closed 8.50 
lower at 400.00 and August closed 6.80 lower at 397.50. The May Soybean Oil futures 
closed 89 points lower at 53.03 cents per pound, July closed 85 points lower at 51.15 
cents per pound and August closed 104 points lower at 49.22 cents per pound. The 
Truck delivery of high protein Soybean Meal in Minnesota was 4.40 to 11.40 lower from 
380.00-392.00, the basis was steady to 7.00 higher from 15.00 to 3.00 under the May 
Soybean Meal futures. Linseed Meal, 34 pct protein was 50.00 lower at 300.00 with 
limited trade in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 
pct protein was 5.00 to 40.00 lower from 245.00-250.00 in the North Dakota-Minnesota 
area. Canola Meal was 11.40 lower from 310.00-335.00, the basis was steady from 85.00 
60.00 under the May Soybean Meal futures. Soybean Oil in Minnesota was mixed, 39 
cents lower to 6.61 higher from 73.03-73.53 cents per pound, the basis ranged 2000 to 
2050 points over the May Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady to 25.00 lower from 300.00-
390.00; Pork was steady to 15.00 lower from 380.00-410.00. Yellow Grease was steady 
from 39.00-45.00 cents per pound. Choice White Grease was steady from 46.00-51.50 
cents per pound. Feather Meal was steady from 535.00-680.00. Ruminant Blood Meal was 
steady from 1000.00-1100.00; Pork was 50.00 to 150.00 lower from 1000.00-1050.00.

Millfeeds:
  Wheat Middlings was 4.00 to 8.00 lower from 130.00-170.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct (T)    380.00-392.00   391.40-396.40   272.50                 
Linseed Meal, 34 pct          300.00          350.00          235.00-285.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                245.00-250.00   250.00-290.00   175.00-195.00
Canola Meal, 36 pct protein   310.00-335.00   321.40-346.40   217.50-237.50 
Soybean Crude Oil,  
 Cents per pound              73.03-73.53     66.42-73.92     26.74      
Meat and Bone Meal, 50 pct    300.00-390.00   325.00-390.00   290.00-310.00
Feather Meal, 80 pct          535.00-680.00   535.00-680.00   375.00-380.00
Yellow Grease, 
   Cents per pound            39.00-45.00     39.00-45.00     20.00-25.50  
Choice White Grease
   Cents per pound            46.00-51.50     46.00-51.50     21.50-26.00  
Wheat Middlings               130.00-170.00   138.00-174.00   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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