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USDA - AMS: National Feedstuffs Market Review (2020-04-29)

USDA U.S. Department of Agriculture - April 29, 2020


MS_GR850 Minneapolis, MN    Wednesday, April 29, 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 April 
28, 2020 were mixed. Soybean Meal was mixed, 7.30 lower to 3.00 higher, mostly 4.10 
to 6.10 lower. Cottonseed Meal was steady to 10.00 lower. Whole Cottonseed was steady 
to 5.00 lower. Canola Meal was steady to 6.10 lower. Linseed Meal was steady to 15.00 
lower. Sunflower Meal was mixed, 5.00 lower to 5.00 higher. Crude Soybean Oil was 5 
to 146 points lower. Crude Corn Oil was 175 to 450 points lower. Ruminant Meat and 
Bone Meal was mixed, 25.00 lower to 25.00 higher, mostly steady to 25.00 higher. 
Ruminant Blood Meal was mixed, 50.00 lower to 50.00 higher in a limited test. Feather 
Meal was 5.00 to 25.00 higher. Yellow Corn Hominy was steady to 10.00 lower. Corn 
Gluten Feed was steady. Corn Gluten Meal was steady to 10.00 lower, mostly steady. 
Distillers Dried Grain were steady to 35.00 lower, mostly 5.00 to 30.00 lower. Wheat 
Millfeeds were mixed, 30.00 lower to 15.00 higher, mostly steady to 10.00 lower. 
Wheat Millrun were steady to 20.00 higher.

Oilseeds: The May Soybean Meal futures closed 7.30 lower at 281.80, July closed 6.10 
lower at 288.40 and August closed 5.70 lower at 289.40. The May Soybean Oil futures 
closed 5 points lower at 25.30 cents per pound, July closed 1 point higher at 25.77 cents 
per pound and August closed 1 point higher at 25.97 cents per pound. The Rail delivery of 
high protein Soybean Meal in Central Illinois was 3.10 to 4.10 lower from 288.40-
291.40; Indiana-Ohio was 0.70 to 6.10 lower from 288.40-298.40; Iowa was 4.10 lower 
from 282.40-293.40; Kansas City was 6.10 lower from 293.40-295.40; Minneapolis was 
1.10 to 4.10 lower from 288.40-293.40, St. Louis was 3.00 higher from 318.00-323.00; 
Memphis was 6.10 to 7.30 lower from 281.80-311.40; Portland was steady to 2.10 lower 
from 346.40-360.00; BN Santa Fe/Union Pacific delivered Chino Valley was steady to 
4.10 lower from 332.00-353.40. Cottonseed Meal FOB the Central San Joaquin Valley in 
California was steady from 270.00-290.00; Kansas City was 3.00 lower at 320.00; St. 
Louis was not available; Memphis was 5.00 to 10.00 lower from 265.00-275.00. Whole 
Cottonseed FOB the Central San Joaquin Valley in California was steady to 5.00 lower 
from 310.00-350.00; delivered to Portland was steady from 335.00-400.00; Memphis was 
5.00 lower at 210.00. Offers for nearby delivered Canola Meal, 34 to 36 percent 
protein, delivered to Portland was 3.00 to 6.10 lower from 263.40-292.00; FOB Central 
San Joaquin Valley truck was steady to 4.00 lower from 284.00-286.00; Minneapolis was 
1.10 to 6.10 lower from 223.40-248.40. Linseed Meal, 34 pct protein was steady to 15.00 
lower from 220.00-285.00 in North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 
34 pct protein was mixed, 5.00 lower to 5.00 higher from 170.00-200.00 in North 
Dakota-Minnesota area. The Soybean Oil in Central Illinois was 8 points lower from 
24.47-24.77 cents per pound; Indiana-Ohio was 58 to 146 points lower from 23.80-24.77 
cents per pound; Iowa was 46 to 105 points lower from 23.30-25.30 cents per pound; 
Minnesota was 5 to 8 points lower from 24.77-25.30 cents per pound. Crude Corn Oil in 
Central Illinois was 175 to 450 points lower from 41.25-44.00 cents per pound.

ANIMAL PROTEINS: Ruminant Meat and Bone Meal in the Central U.S. was 20.00 higher at 
335.00; FOB the Texas Panhandle was steady to 25.00 lower at 300.00 in a limited 
test; Kansas City was 20.00 higher at 335.00; Minneapolis was 10.00 to 25.00 higher 
from 325.00-400.00; St. Louis was not available; Portland FOB Northwest Plants was 
steady to 20.00 higher from 180.00-220.00; FOB Central and Northern California was 
steady with limited trade at 220.00; FOB Los Angeles was steady with limited trade at 
220.00. Pork Meat and Bone Meal in the Central U.S. was not well established; Eastern 
Corn Belt was 300.00 in limited early test; Minneapolis was 50.00 to 75.00 higher 
from 450.00-525.00; St. Louis was not available. Ruminant Blood Meal in the Central 
U.S. had no quote; the Texas Panhandle had no quote; Minneapolis was mixed, 50.00 
lower to 50.00 higher from 900.00-1050.00; delivered to the San Joaquin Valley was 
steady at 1250.00. Pork Blood Meal in the Central U.S. had no quote; Eastern Corn 
Belt had no quote; Minneapolis ranged 915.00-11500.00. Feather Meal in Kansas City 
was 15.00 higher from 345.00-355.00; Minneapolis was 20.00 to 25.00 higher at 400.00 
instances up to 550.00; Arkansas was 5.00 higher from 320.00-330.00; Mississippi was 
15.00 higher from 315.00-325.00. 

CORN FEEDS: Yellow Corn Hominy in Central Illinois was 2.00 lower at 108.00 for rail, 
truck was steady at 115.00; Kansas City (Northwest) was not available; St. Louis was 
not available; California rail was not available, truck was 10.00 lower at 165.00. 
Corn Gluten Feed in the Midwest (NE,IA,IL, IN) was steady from 105.00-110.00; Kansas 
City was steady to 9.00 higher from 195.00-207.00; St. Louis was steady at 190.00, 
California was steady from 230.00-236.00. Corn Gluten Meal,60 percent protein in the 
Midwest (IA, IL, IN) was steady to 10.00 lower from 480.00-520.00; Kansas City was 
not available; St. Louis was steady from 580.00-585.00. Distillers Dried Grain prices 
in Iowa was 8.00 to 15.00 lower from 175.00-200.00; Eastern Cornbelt (IL, IN, OH, MI) 
was 15.00 to 35.00 lower from 160.00-215.00; Kansas was steady to 30.00 lower from 
155.00-200.00; Minnesota was 15.00 to 30.00 lower from 165.00-185.00; Nebraska was 
10.00 to 35.00 lower from 165.00-210.00; Wisconsin was steady to 10.00 lower from 
165.00-210.00; South Dakota was 20.00 to 35.00 lower from 165.00-180.00; Missouri was 
steady to 15.00 lower from 180.00-195.00; St. Louis was not available; California 
rail was steady to 20.00 higher from 235.00-265.00, truck was steady to 5.00 lower 
from 235.00-255.00; Pacific Northwest mills were 5.00 to 10.00 lower from 215.00-
235.00.

WHEAT MILLFEEDS: Wheat Millfeeds in Buffalo, NY was 30.00 lower at 140.00; Kansas 
City was 5.00 to 10.00 lower from 95.00-105.00; Minneapolis truck was steady to 5.00 
higher from 95.00-110.00; St. Louis were steady to 15.00 higher from 140.00-160.00. 
Wheat Millrun delivered Portland was steady at 200.00 in limited trade; FOB Los 
Angeles mill was steady to 20.00 higher from 145.00-165.00.

OTHERS: In the South, Rice Bran, Millfeed and Rice Hulls were steady.  In 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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