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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2021-07-20)

USDA U.S. Department of Agriculture - July 20, 2021

MS_GR215    

Minneapolis, MN         Tue July 20, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, July 20, 2021
**All prices are quoted per ton, unless otherwise noted. **


Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
       The August Soybean Meal futures closed 9.00 higher at 365.50, September closed 
8.60 higher at 365.50 and October closed 9.10 higher at 365.80. The August Soybean 
Oil futures closed 148 points higher at 67.02 cents per pound, September closed 128 
points higher at 65.59 cents per pound and October closed 75 points higher at 64.54 
cents per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 
9.00 higher from 350.50-355.50, the basis was steady from 15.00 to 10.00 under the 
August Soybean Meal futures. Linseed Meal, 34 pct protein was not well established in 
the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was 
mixed, 10.00 lower to 50.00 higher from 180.00-250.00 in the North Dakota-Minnesota 
area. Canola Meal was 7.00 to 9.00 higher from 280.50-298.50, the basis was steady to 
2 lower from 85.00 to 67.00 under the August Soybean Meal futures. Soybean Oil in 
Minnesota was 39 to 148 points higher from 87.02-95.52 cents per pound, the basis was 
from 2000 to 2850 points over the August Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was 10.00 to 15.00 lower from 330.00-385.00; 
Pork was steady from 340.00-455.00. Yellow Grease was steady from 43.00-48.00 cents 
per pound. Choice White Grease was steady from 56.00-60.00 cents per pound. Feather 
Meal was steady from 450.00-510.00, with an instance of 625.00. Ruminant Blood Meal 
was steady from 950.00-1000.00; Pork was steady at 1050.00.

Millfeeds:
  Wheat Middlings were steady from 150.00-180.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct (T)    350.50-355.50   341.50-346.50   279.60                 
Linseed Meal, 34 pct          Not Available   250.00 ltd      250.00 ltd
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                180.00-250.00   190.00-200.00   200.00-220.00
Canola Meal, 36 pct protein   280.50-298.50   271.50-291.50   200.60-230.60 
Soybean Crude Oil,  
 Cents per pound              87.02-95.52     86.63-94.04     29.57-31.57
Meat and Bone Meal, 50 pct    330.00-385.00   340.00-400.00   160.00-200.00
Feather Meal, 80 pct          450.00-510.00   450.00-510.00   250.00-280.00
Yellow Grease, 
   Cents per pound            43.00-48.00     43.00-48.00     16.00-19.00  
Choice White Grease
   Cents per pound            56.00-60.00     56.00-60.00     Not Established
Wheat Middlings               150.00-180.00   150.00-180.00   70.00-90.00   

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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