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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2019-01-08)

USDA U.S. Department of Agriculture - January 8, 2019

MS_GR215  
Minneapolis, MN    Tue Jan 08, 2019           USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, Jan 8, 2019
**All prices are quoted per ton, unless otherwise noted. **

Oilseed feedstuffs were mixed, while animal protein feedstuffs were 
steady this past week. 

Oilseeds:
   The Mar Soybean Meal futures closed 6.70 higher at 321.60, May 
closed 6.80 higher at 325.10. The Mar Soybean Oil futures closed 
25 points higher at 28.43 cents per pound, May closed 25 points 
higher at 28.69 cents per pound. The Rail delivery of high protein 
Soybean Meal in Minnesota was 6.70 higher from 291.60-296.60, the 
basis was steady from 30.00 to 25.00 under the March Soybean Meal 
futures. Linseed Meal, 34 pct protein was steady to 5.00 lower 
from 215.00-220.00 in the North Dakota-Minnesota area. Sunflower 
Meal, 13 pct fiber, 34 pct protein was steady to 5.00 higher from 
165.00-215.00 in the North Dakota-Minnesota area. Canola Meal was 
mixed, 18.30 lower to 1.70 higher from 221.60-241.60, the basis 
was 5.00 to 25.00 lower from 100.00 to 80.00 under the March 
Soybean Meal futures. Soybean Oil in Minnesota was 25 points 
higher from 28.93-29.93 cents per pound; the basis was steady 
from 50 to 150 points over the March soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady to 5.00 higher 
from 190.00-240.00; Pork was steady at 260.00. Yellow Grease was 
25 to 100 points higher from 19.25-20.50 cents per pound. Choice 
White Grease was steady to 50 points higher from 22.00-23.00 
cents per pound. Feather Meal was steady to 35.00 higher from 
485.00-565.00. Blood Meal was steady to 20.00 higher from 470.00-
625.00; Pork was steady from 580.00-650.00.

Millfeeds:
   Wheat Middlings were 5.00 to 10.00 lower from 80.00-90.00.

Bids/Offers prices are bulk per ton, in carlots unless specified. 
Animal ingredients are delivered MPLS, other ingredients are FOB.
                              Jan 08, 2019        
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (T)    291.60-296.60   284.90-292.90   273.20-291.20
Linseed Meal, 34 pct          215.00-220.00   215.00-225.00   205.00-215.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                165.00-215.00   165.00-210.00   165.00-185.00
Canola Meal, 36 pct protein   221.60-241.60   239.70          200.20-208.20
Soybean Crude Oil, MN
 Cents per pound              28.93-29.93     28.68-29.68     32.95-33.45
Meat and Bone Meal, 50 pct    190.00-240.00   190.00-235.00   225.00-230.00
Feather Meal, 80 pct          485.00-565.00   450.00-565.00   400.00-475.00
Yellow Grease, 
   Cents per pound            19.25-20.50     19.00-19.50     18.50-19.25
Choice White Grease,
   Cents per pound            22.00-23.00     22.00-22.50     19.00-21.00
Wheat Middlings               80.00-90.00     85.00-100.00    85.00-110.00

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_GR215.txt
         www.ams.usda.gov/lsmarketNews  


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