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USDA - AMS: National Feedstuffs Market Review (2020-03-04)

USDA U.S. Department of Agriculture - March 4, 2020


MS_GR850 Minneapolis, MN    Wednesday, March 04, 2020        USDA Market News
National Feedstuffs Market Review 

**All prices quoted per ton unless otherwise noted**

The USDA Market News Service reports fed ingredient prices for the week ending 
February 25, 2020 were mixed. Soybean Meal was 13.10 to 22.10 higher. Cottonseed Meal 
was steady to 5.00 higher, mostly steady. Whole Cottonseed was steady to 25.00 
higher. Canola Meal was mixed, 2.00 lower to 17.10 higher, mostly 5.00 to 17.10 
higher. Linseed Meal was mixed, 10.00 lower to 25.00 higher. Sunflower Meal was 
mixed, 15.00 lower to 5.00 higher. Crude Soybean Oil was mixed, 7 points lower to 43 
points higher. Crude Corn Oil was steady. Ruminant Meat and Bone Meal was steady to 
5.00 higher. Ruminant Blood Meal was steady to 25.00 lower. Feather Meal was steady. 
Yellow Corn Hominy was steady. Corn Gluten Feed was steady to 10.00 lower. Corn 
Gluten Meal was steady to 10.00 higher. Distillers Dried Grain were mixed, 5.00 lower 
to 5.00 higher. Wheat Millfeeds were mixed, 15.00 lower to 5.00 higher. Wheat Millrun 
were steady to 15.00 lower.

Oilseeds: The May Soybean Meal futures closed 17.10 higher at 310.10, July closed 14.80 
higher at 314.10. The May Soybean Oil futures closed 46 points lower at 29.16 cents per 
pound and July closed 51 points lower at 29.50 cents per pound. The Rail delivery of 
high protein Soybean Meal in Central Illinois was 17.10 from 31.10-313.10; Indiana-
Ohio was 17.10 to 22.10 higher from 305.10-320.10; Iowa was 19.10 higher from 288.10-
298.10; Kansas City was 19.10 higher from 302.10-305.10; 195.Minneapolis was 13.10 to 
16.10 higher from 285.10-286.10, St. Louis was 21.00 higher from 328.00-333.00; 
Memphis was 17.10 higher from 310.10-331.10; Portland was 16.00 to 17.10 higher from 
344.10-358.00; BN Santa Fe/Union Pacific delivered Chino Valley was mixed, 5.00 lower 
to 14.10 higher from 322.00-356.10. Cottonseed Meal FOB the Central San Joaquin 
Valley in California was steady from 250.00-270.00; Kansas City was steady to 5.00 
higher from 295.00-305.00; St. Louis was steady at 300.00; Memphis was steady at 
250.00. Whole Cottonseed FOB the Central San Joaquin Valley in California was steady 
to 25.00 higher from 320.00-350.00; delivered to Portland was steady from 335.00-
385.00; Memphis was steady at 215.00. Offers for nearby delivered Canola Meal, 34 to 
36 percent protein, delivered to Portland was 8.10 to 17.10 higher from 245.00-
260.00; FOB Central San Joaquin Valley truck was mixed, 2.00 lower to 5.00 higher 
from 265.00-280.00; Minneapolis was 11.10 to 13.60 higher from 195.10-214.10. Linseed 
Meal, 34 pct protein was mixed, 10.00 lower to 25.00 higher from 235.00-300.000 in North 
Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was mixed, 15.00 
lower to 5.00 higher from 170.00-190.00 in North Dakota-Minnesota area. The Soybean 
Oil in Central Illinois was 3 to 18 points higher from 29.06-29.41 cents per pound; 
Indiana-Ohio was mixed, 7 points lower to 43 points higher from 28.66-29.41 cents per 
pound; Iowa was mixed, 7 points lower to 18 points higher from 28.41-29.41 cents per 
pound; Minnesota was 7 points lower from 28.66-29.16 cents per pound. Crude Corn Oil 
in Central Illinois was steady at 36.00 cents per pound.

ANIMAL PROTEINS: Ruminant Meat and Bone Meal in the Central U.S. was 5.00 higher at 
235.00; FOB the Texas Panhandle had no quote; Minneapolis was not available; Kansas 
City was steady to 5.00 higher from 230.00-235.00; St. Louis was not available; 
Portland FOB Northwest Plants was steady from 180.00-200.00; FOB Central and Northern 
California was steady with limited trade at 210.00; FOB Los Angeles was steady with 
limited trade at 210.00. Pork Meat and Bone Meal in the Central U.S. was 25.00 to 
50.00 lower at 200.00; Eastern Corn Belt was steady to 30.00 higher at 240.00; 
Minneapolis was not available. St. Louis was not available. Ruminant Blood Meal in 
the Central U.S. was steady at 900.00; the Texas Panhandle had no quote; Minneapolis 
was not available; delivered to the San Joaquin Valley was 25.00 lower at 1025.00. 
Pork Blood Meal in the Central U.S. 20.00 to 55.00 higher from 950.00-995.00, the 
995.00 was early in the reporting period; Eastern Corn Belt had no quote; Minneapolis 
was not available. Feather Meal in Kansas City was steady from 255.00-295.00; 
Minneapolis was not available; Arkansas was steady from 260.00 to 270.00; Mississippi 
was steady from 255.00 to 265.00. 

CORN FEEDS: Yellow Corn Hominy in Central Illinois was steady at 98.00 for rail, 
truck was steady at 105.00; Kansas City (Northwest) was not available; St. Louis was 
not available; California rail was not available, truck was steady from 190.00-
193.00. Corn Gluten Feed in the Midwest (NE,IA,IL, IN) was steady from 105.00-112.00; 
Kansas City was steady to 6.00 lower from 172.00-187.00; St. Louis was 5.00 to 8.00 
lower at 167.00, California was steady to 7.00 lower from 200.00-210.00. Corn Gluten 
Meal,60 percent protein in the Midwest (IA, IL, IN) was steady from 430.00-485.00; 
Kansas City was not available; St. Louis was 10.00 higher at 540.00. Distillers Dried 
Grain prices in Iowa was mixed, 4.00 lower to 2.00 higher from 130.00-155.00; Eastern 
Cornbelt (IL, IN, OH, MI) was steady to 2.00 lower from 143.00-175.00; Kansas was 
steady to 5.00 lower from 135.00-165.00; Minnesota was steady to 2.00 higher from 
135.00-142.00; Nebraska was steady to 5.00 lower from 130.00-151.50; Wisconsin was 
steady from 140.00-145.00; South Dakota was steady from 135.00-144.00; Missouri was 
steady to 5.00 higher from 155.00-1638.00; St. Louis was not available; California 
was steady to 1.00 higher from 206.00-208.00; Pacific Northwest mills were steady to 
2.00 lower from 204.00-210.00.

WHEAT MILLFEEDS: Wheat Millfeeds in Buffalo, NY was steady at 90.00; Kansas City was 
1.00 higher from 90.00-100.00; Minneapolis truck was mixed, 2.00 lower to 3.00 higher 
from 73.00-93.00; St. Louis was mixed, from 15.00 lower to 5.00 higher from 100.00-
115.00. Wheat Millrun delivered Portland was steady at 190.00; FOB Los Angeles mill 
was steady to 15.00 lower from 135.00-162.00.

OTHERS: In the South, Rice bran was mostly steady, instances 5.00 lower in Arkansas, Rice 
Millfeeed and Hulls were steady.  In the California, Rice Bran and Rice Hulls were 
steady. Alfalfa Meal prices were steady across the nation this past week.

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_GR850.txt
         www.ams.usda.gov/lsmarketNews

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