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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2021-06-22)

USDA U.S. Department of Agriculture - June 22, 2021

MS_GR215    

Minneapolis, MN         Tue June 22, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, June 22, 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 9.10 lower at 363.30, August closed 10.50 
lower at 363.30 and September closed 11.40 lower at 364.30. The July Soybean Oil 
futures closed 490 points lower at 60.67 cents per pound, August closed 442 points 
lower at 58.92 cents per pound and September closed 406 points lower at 58.50 cents 
per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 9.10 to 
14.10 lower from 343.30-348.30, the basis was steady to five lower from 20.00 to 
15.00 under the July Soybean Meal futures. Linseed Meal, 34 pct protein was steady to 
5.00 lower from 290.00-300.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 
pct fiber, 34 pct protein was 15.00 to 30.00 lower from 220.00-250.00 in the North 
Dakota-Minnesota area. Canola Meal was 7.10 to 9.10 lower from 273.30-298.30, the 
basis was steady to 2.00 higher from 90.00 to 65.00 under the July Soybean Meal 
futures. Soybean Oil in Minnesota was 49 points lower from 80.67-89.17 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 steady from 320.00-385.00; Pork was 
steady from 335.00-460.00. Yellow Grease was steady to 300 points higher from 43.00-
48.00 cents per pound. Choice White Grease was steady from 52.00-56.00 cents per 
pound. Feather Meal was steady to 10.00 higher from 450.00-510.00, with an instance 
of 625.00. Ruminant Blood Meal was steady from 950.00-1025.00; Pork was 25.00 to 
50.00 higher from 1000.00-1025.00.

Millfeeds:
  Wheat Middlings were steady 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)    343.30-348.30   352.40-362.40   274.30-276.30          
Linseed Meal, 34 pct          290.00-300.00   295.00-300.00   Ltd 245.00   
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                220.00-250.00   235.00-280.00   170.00-220.00
Canola Meal, 36 pct protein   273.30-298.30   282.40-305.40   211.30-233.30 
Soybean Crude Oil,  
 Cents per pound              80.67-89.17     85.57-94.04     27.67-28.17
Meat and Bone Meal, 50 pct    320.00-385.00   320.00-385.00   175.00-200.00
Feather Meal, 80 pct          450.00-510.00   450.00-500.00   235.00-290.00
Yellow Grease, 
   Cents per pound            43.00-48.00     43.00-45.00     15.00-19.00  
Choice White Grease
   Cents per pound            52.00-56.00     52.00-56.00     Not Established
Wheat Middlings               145.00-190.00   145.00-190.00   65.00-75.00   

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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