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USDA - AMS: National Feedstuffs Market Review (2020-10-07)

USDA U.S. Department of Agriculture - October 7, 2020

MS_GR850 Minneapolis, MN    Wednesday, October 07, 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 
Tuesday October 06, 2020 were mixed. Soybean Meal was 14.10 to 35.00 higher. 
Cottonseed Meal was steady to 20.00 higher, mostly steady. Whole Cottonseed was 
steady to 15.00 higher. Canola Meal was 10.00 to 23.60 higher. Linseed Meal was 
mixed, 25.00 lower to 15.00 higher. Sunflower Meal was mixed, 10.00 lower to 5.00 
higher. Crude Soybean Oil was 22 to 42 points higher. Crude Corn Oil was steady to 
75.00 points lower. Ruminant Meat and Bone Meal was steady. Ruminant Blood Meal was 
steady. Feather Meal was steady to 10.00 higher, mostly steady. Yellow Corn Hominy 
was steady to 2.00 lower, mostly steady. Corn Gluten Feed was steady to 8.00 higher. 
Corn Gluten Meal was 5.00 to 20.00 higher. Distillers Dried Grain were mixed, 11.00 
lower to 10.00 higher. Wheat Millfeeds were steady to 9.00 higher. Wheat Millrun was 
steady to 5.00 higher.

Oilseeds: The October Soybean Meal futures closed 27.00 higher at 354.30, December 
closed 23.60 higher at 355.50 and January closed 21.00 higher at 352.60. The October 
Soybean Oil futures closed 42 points higher at 33.29 cents per pound, December closed 
40 points higher at 33.09 cents per pound and January closed 36 points higher at 
33.10 cents per pound. The Rail delivery of high protein Soybean Meal in Central 
Illinois was 28.60 higher from 353.50-355.50; Indiana-Ohio was 28.60 to 31.60 higher 
from 357.50-365.50; Iowa was 21.60 to 23.60 higher from 336.50-355.50; Kansas City 
was 23.60 higher from 352.50-355.50; Minneapolis truck was 18.60 to 23.60 higher from 
332.50-343.50, St. Louis was 18.00 higher from 375.00-380.00; Memphis was 25.20 to 
33.20 higher from 360.50-377.50; Portland was 26.60 to 35.00 higher from 398.50-
425.00; BN Santa Fe/Union Pacific delivered Chino Valley was 14.10 to 20.60 higher 
from 398.00-420.50. Cottonseed Meal FOB the Central San Joaquin Valley in California 
was steady from 290.00-305.00; Kansas City was steady from 315.00-325.00; St. Louis 
was steady from 305.00-320.00; Memphis was 20.00 higher from 285.00-290.00. Whole 
Cottonseed FOB the Central San Joaquin Valley in California was steady from 315.00-
330.00; delivered to Portland was 10.00 to 15.00 higher from 345.00-360.00; Memphis 
was 5.00 higher at 215.00. Offers for nearby delivered Canola Meal, 34 to 36 percent 
protein, delivered to Portland was 11.60 to 22.50 higher from 310.50-322.50; FOB 
Central San Joaquin Valley truck was 10.00 higher from 325.00-330.00; Minneapolis was 
13.60 higher to 23.60 higher from 255.50-305.50. Linseed Meal, 34 pct protein was 
mixed, 25.00 lower to 15.00 higher from 215.00-245.00 in the North Dakota-Minnesota 
area. Sunflower Meal, 13 pct fiber, 34 pct protein was mixed, 10.00 lower to 5.00 
higher from 180.00-250.00 in North Dakota-Minnesota area. The Soybean Oil in Central 
Illinois was 40 points higher from 33.34-34.09 cents per pound; Indiana-Ohio was 40 
to 42 points higher from 33.59-34.04 cents per pound; Iowa was 22 points higher from 
33.59-34.34 cents per pound; Minnesota was 22 points higher from 33.59-34.34 cents 
per pound. Crude Corn Oil in Central Illinois was steady to 75 points lower at 42.25 
cents per pound.

ANIMAL PROTEINS: Ruminant Meat and Bone Meal in the Central U.S. was at 250.00; FOB 
the Texas Panhandle was from 177.00 early in the week to 200.00 late in the week; 
Minneapolis was steady from 200.00-220.00; St. Louis was not available; Portland FOB 
Northwest Plants was steady to 10.00 higher from 190.00-210.00; FOB Central and 
Northern California was steady with limited trade at 225.00; FOB Los Angeles was 
steady with limited trade at 225.00. Pork Meat and Bone Meal in the Central U.S. was 
not available; Eastern Corn Belt was not available; Minneapolis was steady from 
220.00-250.00. St. Louis was not available. Ruminant Blood Meal in the Central U.S. 
was 25.00 to 35.00 higher from 525.00-535.00; the Texas Panhandle had no quote; 
Minneapolis was steady to 25.00 higher from 550.00-700.00; delivered to the San 
Joaquin Valley was 25.00 higher at 700.00 in limited trade. Pork Blood Meal in the 
Central U.S. was not available; Eastern Corn Belt was not available; Minneapolis was 
steady from 610.00-700.00. Feather Meal in Kansas City was 5.00 higher from 325.00-
335.00; Minneapolis was steady from 300.00-320.00; Arkansas was 5.00 higher from 
300.00-305.00; Mississippi was 5.00 to 10.00 higher from 295.00-305.00. 

CORN FEEDS: Yellow Corn Hominy in Central Illinois was steady at 100.00 for rail, 
truck was steady at 108.00; Kansas City (Northwest) was not available; St. Louis was 
steady at 108.00; California rail was steady to 2.00 lower from 180.00-182.00, truck 
was steady at 185.00. Corn Gluten Feed in the Midwest (NE,IA,IL, IN) was 5.00 to 8.00 
higher 115.00-125.00; Kansas City was steady to 5.00 higher from 190.00-195.00; St. 
Louis was 5.00 higher at 185.00, California was 5.00 higher from 205.00-210.00. Corn 
Gluten Meal,60 percent protein in the Midwest (IA, IL, IN) was 15.00 to 20.00 higher 
from 425.00-435.00; Kansas City was not available; St. Louis was 5.00 to 20.00 higher 
from 520.00-540.00. Distillers Dried Grain prices in Iowa was steady from 135.00-
155.00; Eastern Cornbelt (IL, IN, OH, MI) was steady to 11.00 lower from 139.00-
170.00; Kansas was 2.00 to 10.00 higher from 135.00-175.00; Minnesota was 8.00 to 
10.00 higher from 143.00-155.00; Nebraska was steady to 2.00 lower from 150.00-
167.00; Wisconsin was steady to 9.00 higher from 147.00-165.00; South Dakota was 7.00  
higher from 142.00-151.00; Missouri was steady to 2.00 higher from 162.00-166.00; St. 
Louis was not available; California was mixed, 5.00 lower to 10.00 higher from 
200.00-225.00; Pacific Northwest mills were steady to 5.00 higher from 218.00-225.00.

WHEAT MILLFEEDS: Wheat Millfeeds in Buffalo, NY was steady at 95.00; Kansas City was 
steady to 10.00 higher from 110.00-130.00; Minneapolis truck was steady from 90.00-
130.00; St. Louis was 5.00 to 9.00 higher from 124.00-135.00. Wheat Millrun delivered 
Portland was steady at 190.00 in limited test; FOB Los Angeles mill was 3.00 to 5.00 
higher from 140.00-160.00.

OTHERS: In the south Rice Bran, Millfeed and Rice Hulls were mostly 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

0926a   bdp

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