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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2021-07-27)

USDA U.S. Department of Agriculture - July 27, 2021

MS_GR215  

Minneapolis, MN         Tue July 27, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, July 27, 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 6.70 lower at 358.80, September closed 
7.30 lower at 358.20 and October closed 8.30 lower at 357.50. The August Soybean Oil 
futures closed 76 points lower at 66.26 cents per pound, September closed 120 points 
lower at 64.39 cents per pound and October closed 122 points lower at 63.32 cents per 
pound. The Truck delivery of high protein Soybean Meal in Minnesota was 6.70 lower 
from 343.80-346.80, the basis was steady from 15.00 to 10.00 under the August Soybean 
Meal futures. Linseed Meal, 34 pct protein was steady to 25.00 lower from 275.00-
300.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct 
protein was steady to 10.00 higher from 190.00-250.00 in the North Dakota-76Minnesota 
area. Canola Meal was mixed, 4.70 lower to 7.70 higher from 288.20-293.80, the basis 
was ranged 70.00 under to September to 65.00 under the August Soybean Meal futures. 
Soybean Oil in Minnesota was 76 points lower from 86.26-94.76 cents per pound, the 
basis was steady from 2000 to 2850 points over the August Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady to 5.00 higher from 330.00-
390.00; Pork was steady to 5.00 lower from 425.00-455.00. Yellow Grease was steady to 
100 points higher from 44.00-48.00 cents per pound. Choice White Grease was steady to 
150 points higher from 56.00-61.50 cents per pound. Feather Meal was steady to 110.00 
lower from 450.00-500.00, with an instance of 625.00. Ruminant Blood Meal was steady 
to 25.00 higher from 950.00-1025.00; Pork was steady to 25.00 higher at 1075.00.

Millfeeds:
  Wheat Middlings were steady to 5.00 lower from 145.00-180.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct (T)    343.80-348.80   350.50-355.50   283.80-285.80          
Linseed Meal, 34 pct          275.00-300.00   Not Available   Ltd 250.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                190.00-250.00   180.00-250.00   200.00-220.00
Canola Meal, 36 pct protein   288.20-293.80   280.50-298.50   206.80-262.80 
Soybean Crude Oil,  
 Cents per pound              86.26-94.76     87.02-95.52     28.90-30.90
Meat and Bone Meal, 50 pct    330.00-390.00   330.00-385.00   160.00-200.00
Feather Meal, 80 pct          450.00-500.00   450.00-510.00   250.00-280.00
Yellow Grease, 
   Cents per pound            44.00-48.00     43.00-48.00     16.00-19.00  
Choice White Grease
   Cents per pound            56.00-61.50     56.00-60.00     Not Established
Wheat Middlings               145.00-180.00   150.00-180.00   70.00-92.00   

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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