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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2021-06-08)

USDA U.S. Department of Agriculture - June 8, 2021

MS_GR215    

Minneapolis, MN         Tue June 8, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, June 8, 2021
**All prices are quoted per ton, unless otherwise noted. **


Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
       The July Soybean Meal futures closed 8.90 lower at 389.80, August closed 7.80 
lower at 391.70 and September closed 5.20 lower at 393.50. The July Soybean Oil 
futures closed 469 points higher at 72.08 cents per pound, August closed 555 points 
higher at 69.30 cents per pound and September closed 604 points higher at 68.43 cents 
per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 8.90 to 
11.90 lower from 374.80-379.80, the basis was steady to 3 lower from 15.00 to 10.00 
under the July Soybean Meal futures. Linseed Meal, 34 pct protein was steady from 
300.00-325.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 
pct protein was steady to 30.00 higher from 280.00-295.00 in the North Dakota-
Minnesota area. Canola Meal was 3.90 to 8.90 lower from 299.80-324.80, the basis was 
steady to 5.00 higher from 90.00 to 65.00 under the July Soybean Meal futures. 
Soybean Oil in Minnesota was 469 points higher from 92.08-100.58 cents per pound, the 
basis was steady from 2000 to 2850 points over the July Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was 5.00 to 20.00 higher from 310.00-380.00; 
Pork was steady from 350.00-425.00. Yellow Grease was steady from 42.00-44.00 cents 
per pound. Choice White Grease was steady to 100 points higher from 51.00-54.00 cents 
per pound. Feather Meal was steady from 420.00-525.00, with an instance of 625.00. 
Ruminant Blood Meal was 25.00 to 50.00 higher from 950.00-1025.00; Pork was steady 
from 975.00-1025.00.

Millfeeds:
  Wheat Middlings were steady to 15.00 higher from 145.00-190.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct (T)    374.80-379.80   383.70-391.70   277.10                 
Linseed Meal, 34 pct          300.00-325.00   300.00-325.00   230.00       
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                280.00-295.00   250.00-295.00   180.00-200.00
Canola Meal, 36 pct protein   299.80-324.80   303.70-333.70   217.10-247.10 
Soybean Crude Oil,  
 Cents per pound              92.08-100.58    87.39-95.89     27.73      
Meat and Bone Meal, 50 pct    310.00-380.00   290.00-375.00   200.00-210.00
Feather Meal, 80 pct          420.00-525.00   420.00-525.00   325.00-375.00
Yellow Grease, 
   Cents per pound            42.00-44.00     42.00-44.00     18.00-20.00  
Choice White Grease
   Cents per pound            51.00-54.00     50.00-54.00     21.00-22.00  
Wheat Middlings               145.00-190.00   145.00-175.00   55.00-75.00   

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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