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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2019-07-16)

USDA U.S. Department of Agriculture - July 16, 2019

MS_GR215  
Minneapolis, MN    Tue July 16, 2019             USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, July 16, 2019
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
   The August Soybean Meal futures closed 80 cents lower at 308.40 and September 
closed 1.00 lower at 3090.90. The August Soybean Oil futures closed 11 points lower 
at 27.90 centers per pound, the September Soybean Oil futures closed 2 points lower 
at 28.11 cents per pound. The Rail delivery of high protein Soybean Meal in Minnesota 
was mixed, 80 cents lower to 20 cents higher at 280.40, the basis was steady to 1.00 
higher at 28.00 under the August Soybean Meal futures. Linseed Meal, 34 pct protein 
was mixed, 5.00 lower to 10.00 higher from 220.00-245.00 in the North Dakota-
Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was 5.00 lower from 
135.00-140.00 in the North Dakota-Minnesota area. Canola Meal was 80 cents to 5.80 
lower from 223.40-233.40 with the basis steady to 5.00 lower from 85.00 to 75.00 
under the August Soybean Meal futures. Soybean Oil in Minnesota was 11 points lower 
from 27.40-28.90 cents per pound; the basis was steady from 50 points under to 100 
points over the August soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady from 200.00-220.00; Pork was limited 
at 225.00. Yellow Grease ranged 24.00-24.25 cents per pound. Choice White Grease was 
steady to 50 points higher from 27.50-28.00 cents per pound. Feather Meal was steady 
to 25.00 higher from 325.00-375.00. Ruminant Blood Meal was steady to 25.00 higher 
from 625.00-675.00; Pork was limited at 750.00. 

Millfeeds:
  Wheat Middlings was 5.00 higher from 70.00-95.00.

Bids/Offers prices are bulk per ton, in carlots unless specified. 
Animal ingredients are delivered MPLS, other ingredients are FOB.
                                      
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (R)    280.40          280.20-281.20   302.10-317.10
Linseed Meal, 34 pct          220.00-245.00   225.00-235.00   245.00-290.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                135.00-140.00   140.00-145.00   145.00-160.00
Canola Meal, 36 pct protein 
ltd                           223.40-233.40   224.20-239.20   224.10-244.10
Soybean Crude Oil,  
 Cents per pound              27.40-28.90     27.51-29.01     27.23
Meat and Bone Meal, 50 pct    200.00-220.00   200.00-220.00   245.00-290.00
Feather Meal, 80 pct          325.00-375.00   300.00-375.00   535.00-575.00
Yellow Grease, 
   Cents per pound            24.00-24.25     24.00-25.00     21.50-25.00
Choice White Grease,
   Cents per pound            27.50-28.00     27.00-28.00     26.00-27.00
Wheat Middlings               70.00-95.00     65.00-90.00     62.00-82.00 

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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