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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2019-01-15)

USDA U.S. Department of Agriculture - January 15, 2019

MS_GR215  
Minneapolis, MN    Tue Jan 15, 2019           USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, Jan 15, 2019
**All prices are quoted per ton, unless otherwise noted. **

Oilseed feedstuffs were unchanged to lower, while animal protein feedstuffs were 
steady this past week. 

Oilseeds:
   The Mar Soybean Meal futures closed 12.30 lower at 309.30, May closed 12.10 lower 
at 313.00. The Mar Soybean Oil futures closed 19 points lower at 28.24 cents per 
pound, May closed 17 points lower at 28.52 cents per pound. The Rail delivery of high 
protein Soybean Meal in Minnesota was 12.30 lower from 279.30-284.30, the basis was 
steady from 30.00 to 25.00 under the March Soybean Meal futures. Linseed Meal, 34 pct 
protein was steady from 215.00-220.00 in the North Dakota-Minnesota area. Sunflower 
Meal, 13 pct fiber, 34 pct protein was steady from 165.00-215.00 in the North Dakota-
Minnesota area. Canola Meal was 12.30 lower from 209.30-229.30, the basis was steady 
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 from 190.00-240.00; Pork was steady 
at 260.00. Yellow Grease was steady from 19.25-20.50 cents per pound. Choice White 
Grease was steady to 100 points higher from 22.00-24.00 cents per pound. Feather Meal 
was steady to 15.00 lower from 485.00-550.00. Blood Meal was steady from 470.00-
625.00; Pork was steady from 580.00-650.00.

Millfeeds:
   Wheat Middlings were steady 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 15, 2019        
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (T)    279.30-287.30   261.60-296.60   281.80-295.80
Linseed Meal, 34 pct          215.00-220.00   215.00-220.00   215.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                165.00-215.00   165.00-215.00   170.00-185.00
Canola Meal, 36 pct protein   209.30-229.30   221.60-241.60   212.80-222.80
Soybean Crude Oil, MN
 Cents per pound              28.74-29.74     28.93-29.93     32.04-32.54
Meat and Bone Meal, 50 pct    190.00-240.00   190.00-240.00   210.00-235.00
Feather Meal, 80 pct          485.00-550.00   485.00-565.00   390.00-475.00
Yellow Grease, 
   Cents per pound            19.25-20.50     19.25-20.50     17.00-19.00
Choice White Grease,
   Cents per pound            22.00-24.00     22.00-23.00     19.50-21.50
Wheat Middlings               80.00-90.00     80.00-90.00     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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