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USDA - AMS: National Feedstuffs Market Review (2020-05-20)

USDA U.S. Department of Agriculture - May 20, 2020


MS_GR850 Minneapolis, MN    Wednesday, May 20, 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 May 
19, 2020 were mixed. Soybean Meal was mixed, 7.50 lower to 1.60 higher, mostly 7.50 
lower. Cottonseed Meal was steady. Whole Cottonseed was steady to 35.00 lower. Canola 
Meal was mixed, 7.50 lower to 2.50 higher, mostly steady to 7.50 lower. Linseed Meal 
was steady. Sunflower Meal was 5.00 higher. Crude Soybean Oil was 83 to 133 points 
higher. Crude Corn Oil was 400 points higher. Ruminant Meat and Bone Meal was steady 
to 65.00 lower. Ruminant Blood Meal was steady to 200.00 lower in a limited test. 
Feather Meal was steady to 50.00 lower. Yellow Corn Hominy was steady to 2.00 higher. 
Corn Gluten Feed was mixed, 10.00 lower to 15.00 higher, mostly steady to 10.00 
lower. Corn Gluten Meal was 5.00 to 100.00 lower. Distillers Dried Grain were mixed, 
25.00 lower to 4.00 higher, mostly steady to 15.00 lower. Wheat Millfeeds were mixed, 
5.00 lower to 2.00 higher, mostly steady to 5.00 lower. Wheat Millrun were steady to 
20.00 higher.

Oilseeds: The July Soybean Meal futures closed 7.50 lower at 284.60 and August closed 
6.30 lower at 286.50. The July Soybean Oil futures closed 83 points higher at 27.09 cents 
per pound and August closed 83 points higher at 27.28 cents per pound. The Rail delivery 
of high protein Soybean Meal in Central Illinois was 7.50 lower from 284.60-287.60; 
Indiana-Ohio was 7.50 lower at 284.60; Iowa was 7.50 lower from 278.60-289.60; Kansas 
City was 7.50 lower from 289.60-291.60; Minneapolis was 7.50 lower from 284.60-
289.60, St. Louis was 5.00 lower from 310.00-315.00; Memphis was 7.50 lower from 
284.60-307.60; Portland was steady to 7.50 lower from 332.60-355.00; BN Santa 
Fe/Union Pacific delivered Chino Valley was mixed, 4.60 lower to 1.60 higher from 
336.30-343.50. Cottonseed Meal FOB the Central San Joaquin Valley in California was 
steady from 270.00-295.00; Kansas City was steady at 300.00; St. Louis was not 
available; Memphis was steady from 250.00-255.00. Whole Cottonseed FOB the Central 
San Joaquin Valley in California was steady to 35.00 lower from 300.00-315.00; 
delivered to Portland was steady to 25.00 lower from 325.00-375.00; Memphis was 
steady at 195.00. Offers for nearby delivered Canola Meal, 34 to 36 percent protein, 
delivered to Portland was steady to 2.50 lower from 269.60-280.00; FOB Central San 
Joaquin Valley truck was steady to 3.00 lower from 285.00-287.00; Minneapolis was 
mixed, 7.50 lower to 2.50 higher from 214.60-244.60. Linseed Meal, 34 pct protein was 
steady from 230.00-285.00 in North Dakota-Minnesota area. Sunflower Meal, 13 pct 
fiber, 34 pct protein was 5.00 higher from 180.00-185.00 in North Dakota-Minnesota 
area. The Soybean Oil in Central Illinois was 88 to 103 points higher from 25.34-
25.79 cents per pound; Indiana-Ohio was 111 to 133 points higher from 25.34-26.09 
cents per pound; Iowa was 108 to 111 points higher from 24.84-27.34 cents per pound; 
Minnesota was 83 points higher from 26.09-26.84 cents per pound. Crude Corn Oil in 
Central Illinois was 400 points higher at 49.70 cents per pound.

ANIMAL PROTEINS: Ruminant Meat and Bone Meal in the Central U.S. was 240.00; FOB the 
Texas Panhandle was 10.00 lower at 290.00; Minneapolis was 20.00 to 65.00 lower from 
235.00-300.00 in a limited test; St. Louis was not available; Portland FOB Northwest 
Plants was steady to 5.00 lower from 190.00-220.00; 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. ranged 200.00-
300.00; Eastern Corn Belt ranged 190.00-225.00; Minneapolis was limited from 225.00-
350.00; St. Louis was not available. Ruminant Blood Meal in the Central U.S. was 
steady at 1000.00; the Texas Panhandle had no quote; Minneapolis was 25.00 to 150.00 
lower from 850.00-1025.00; delivered to the San Joaquin Valley was 200.00 lower at 
1100.00. Pork Blood Meal in the Central U.S. was 1000.00; Eastern Corn Belt ranged 
845.00-850.00; Minneapolis was 25.00 lower with limited test at 10.75.00. Feather 
Meal in Kansas City was steady from 345.00-360.00; Minneapolis was 35.00 to 50.00 
lower from 350.00-390.00; Arkansas was steady from 320.00-335.00; Mississippi was 
steady from 315.00-330.00. 

CORN FEEDS: Yellow Corn Hominy in Central Illinois was steady at 105.00 for rail, 
truck was 2.00 higher at 114.00; Kansas City (Northwest) was not available; St. Louis 
was not available; California rail was not available, truck was steady 170.00 in 
limited trade. Corn Gluten Feed in the Midwest (NE,IA,IL, IN) was steady to 15.00 
higher from 100.00-120.00; Kansas City was 5.00 to 10.00 lower at 185.00; St. Louis 
was 10.00 lower at 180.00, California was steady from 210.00-225.00. Corn Gluten 
Meal,60 percent protein in the Midwest (IA, IL, IN) was 5.00 to 10.00 lower from 
430.00-470.00; Kansas City was not available; St. Louis was 100.00 lower from 480.00-
485.00. Distillers Dried Grain prices in Iowa was mixed, 15.00 lower to 4.00 higher 
from 135.00-150.00; Eastern Cornbelt (IL, IN, OH, MI) was 15.00 to 18.00 lower from 
132.00-180.00; Kansas was steady to 5.00 lower from 140.00-180.00; Minnesota was 4.00 
to 10.00 lower from 139.00-150.00; Nebraska was 4.00 to 10.00 lower from 130.00-
191.00; Wisconsin was steady to 10.00 lower from 150.00-210.00; South Dakota was 5.00 
to 10.00 lower from 140.00-160.00; Missouri was steady to 10.00 lower from 150.00-
189.00; St. Louis was not available; California rail was 3.00 to 7.00 lower at 192.00 
in limited trade, truck was steady to 25.00 lower at 200.00; Pacific Northwest mills 
were steady to 1.00 higher from 200.00-216.00.

WHEAT MILLFEEDS: Wheat Millfeeds in Buffalo, NY was 5.00 lower at 85.00; Kansas City 
was 3.00 lower from 70.00-80.00; Minneapolis truck was steady to 2.00 higher from 
70.00-85.00; St. Louis were steady to 1.00 lower from 97.00-110.00. Wheat Millrun 
delivered Portland was steady at 190.00 in limited trade; FOB Los Angeles mill was 
4.00 to 20.00 higher from 160.00-170.00.

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 to 5.00 lower, mostly 
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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