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USDA - AMS: National Feedstuffs Market Review (2020-06-10)

USDA U.S. Department of Agriculture - June 10, 2020


MS_GR850 Minneapolis, MN    Wednesday, June 10, 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 June 
09, 2020 were mixed. Soybean Meal was mixed, 10.00 lower to 8.40 higher, mostly 3.40 
higher. Cottonseed Meal was steady to 5.00 lower. Whole Cottonseed was steady to 5.00 
higher. Canola Meal was steady to 8.40 higher. Linseed Meal was steady to 55.00 lower 
in a limited test. Sunflower Meal was 5.00 to 20.00 higher. Crude Soybean Oil was 
mixed, 46 points lower to 79 points higher. Crude Corn Oil was 65 points lower. 
Ruminant Meat and Bone Meal was steady to 75.00 lower. Ruminant Blood Meal was 75.00 
to 175.00 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 
20.00 higher. Corn Gluten Meal was steady to 5.00 lower. Distillers Dried Grain were 
steady to 60.00 lower. Wheat Millfeeds were 2.00 to 10.00 lower. Wheat Millrun were 
steady to 20.00 higher.

Oilseeds: The July Soybean Meal futures closed 3.40 higher at 287.10 and August closed 
4.00 higher at 289.70. The July Soybean Oil futures closed 29 points higher at 28.23 
cents per pound and August closed 29 points higher at 28.41 cents per pound. The Rail 
delivery of high protein Soybean Meal in Central Illinois was 3.40 higher from 
287.10-290.10; Indiana-Ohio was 3.40 to 8.40 higher from 287.10-292.10; Iowa was 3.40 
higher from 278.10-288.10; Kansas City was 1.40 to 3.40 higher from 284.10-292.10; 
Minneapolis was mixed, 1.60 lower to 3.40 higher at 277.10, St. Louis was 5.00 higher 
from 312.00-317.00; Memphis was 3.40 higher from 287.10-310.10; Portland was 2.60 to 
10.00 lower from 326.10-355.00; BN Santa Fe/Union Pacific delivered Chino Valley was 
40 cents higher from 329.10-341.10. Cottonseed Meal FOB the Central San Joaquin 
Valley in California was steady from 267.00-295.00; Kansas City was steady at 285.00; 
St. Louis was not available; Memphis was steady to 5.00 lower from 245.00-255.00. 
Whole Cottonseed FOB the Central San Joaquin Valley in California was steady from 
295.00-350.00; delivered to Portland was steady to 5.00 higher from 320.00-400.00; 
Memphis was 10.00 higher at 210.00. Offers for nearby delivered Canola Meal, 34 to 36 
percent protein, delivered to Portland was steady to 8.40 higher from 267.10-280.00; 
FOB Central San Joaquin Valley truck was 2.00 to 3.00 higher from 280.00-282.00; 
Minneapolis was 3.40 higher from 217.10-247.10. Linseed Meal, 34 pct protein was 
steady to 55.00 lower at 230.00 in a limited test in North Dakota-Minnesota area. 
Sunflower Meal, 13 pct fiber, 34 pct protein was 5.00 to 20.00 higher from 180.00-
200.00 in North Dakota-Minnesota area. The Soybean Oil in Central Illinois was mixed, 
41 points lower to 29 points higher from 26.73-27.03 cents per pound; Indiana-Ohio 
was 46 points lower to 29 points higher from 26.73-26.98 cents per pound; Iowa was 29 
to 54 points higher from 26.48-28.48 cents per pound; Minnesota was 29 to 79 points 
higher at 27.73 cents per pound. Crude Corn Oil in Central Illinois was 65 points 
lower at 48.70 cents per pound.

ANIMAL PROTEINS: Ruminant Meat and Bone Meal in the Central U.S. was not established 
late; FOB the Texas Panhandle had no quote; Minneapolis was 25.00 to 75.00 lower from 
200.00-210.00; St. Louis was not available; Portland FOB Northwest Plants was steady 
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. was 10.00 to 50.00 lower from 190.00-250.00; Eastern 
Corn Belt was no quote; Minneapolis was mixed, 40.00 lower to 5.00 higher from 
185.00-235.00; St. Louis was not available. Ruminant Blood Meal in the Central U.S. 
had late trade at 725.00; the Texas Panhandle had no quote; Minneapolis was 75.00 to 
150.00 lower at 700.00; delivered to the San Joaquin Valley was 175.00 lower at 
875.00. Pork Blood Meal in the Central U.S. was 100.00 lower at 700.00; Eastern Corn 
Belt had no quote; Minneapolis was 100.00 lower with limited test at 750.00. Feather 
Meal in Kansas City was 50.00 lower from 265.00-275.00; Minneapolis was steady from 
325.00-375.00; Arkansas was 30.00 lower from 250.00-260.00; Mississippi was 30.00 
lower from 240.00-250.00. 

CORN FEEDS: Yellow Corn Hominy in Central Illinois was 2.00 higher at 102.00 for 
rail, truck was steady at 108.00; Kansas City (Northwest) was not available; St. 
Louis was 98.00; California rail was not available, truck was steady at 170.00. Corn 
Gluten Feed in the Midwest (NE,IA,IL, IN) was steady to 20.00 higher from 95.00-
120.00; Kansas City was 7.00 to 9.00 lower from 175.00-185.00; St. Louis was 5.00 to 
10.00 lower from 165.00-170.00, California was 5.00 lower from 205.00-210.00. Corn 
Gluten Meal,60 percent protein in the Midwest (IA, IL, IN) was 3.00 to 5.00 lower 
from 360.00-397.00; Kansas City was not available; St. Louis was steady to 5.00 lower 
from 430.00-435.00. Distillers Dried Grain prices in Iowa was steady to 5.00 lower 
from 120.00-145.00; Eastern Cornbelt (IL, IN, OH, MI) was steady to 3.00 lower from 
135.00-165.00; Kansas was 5.00 to 55.00 lower from 125.00-155.00; Minnesota was 
steady from 125.00-140.00; Nebraska was steady from 110.00-138.00; Wisconsin was 5.00 
to 60.00 lower from 135.00-150.00; South Dakota was 5.00 to 16.00 lower from 120.00-
130.00; Missouri was steady from 129.00-150.00; St. Louis was not available; 
California rail was steady to 3.00 lower at 187.00, truck was mixed, 1.00 lower to 
3.00 higher from 195.00-199.00; Pacific Northwest mills were 12.00 to 25.00 lower at 
190.00.

WHEAT MILLFEEDS: Wheat Millfeeds in Buffalo, NY was 5.00 lower at 80.00; Kansas City 
was 2.00 to 5.00 lower from 60.00-70.00; Minneapolis truck was 5.00 to 10.00 lower 
from 55.00-75.00; St. Louis were 8.00 lower from 75.00-85.00. Wheat Millrun delivered 
Portland was steady at 180.00 in limited trade; FOB Los Angeles mill was steady to 
20.00 higher from 140.00-185.00.

OTHERS: In the South, Rice Bran, 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 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

0840a   cam

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