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USDA - AMS: Minneapolis Weekly Feedstuffs Report (2019-07-23)

USDA U.S. Department of Agriculture - July 23, 2019

MS_GR215  
Minneapolis, MN    Tue July 23, 2019             USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, July 23, 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 2.00 lower at 306.40 and September closed 
2.10 lower at 307.80. The August Soybean Oil futures closed 11 points higher at 28.01 
centers per pound, the September Soybean Oil futures closed 2 points higher at 28.13 
cents per pound. The Rail delivery of high protein Soybean Meal in Minnesota was 1.00 
to 2.00 lower from 278.40-279.40, the basis was steady to 1.00 lower from 27.00 to 
28.00 under the August Soybean Meal futures. Linseed Meal, 34 pct protein was 5.00 
higher from 225.00-250.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct 
fiber, 34 pct protein was steady to 10.00 higher from 140.00-145.00 in the North 
Dakota-Minnesota area. Canola Meal was steady to 15.00 lower from 208.40-233.40 with 
the basis steady to 15.00 lower from 100.00 to 75.00 under the August Soybean Meal 
futures. Soybean Oil in Minnesota was 11 points to 61 points higher from 28.01-29.01 
cents per pound; the basis was steady from 0 points 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 230.00. Yellow Grease was 50 to 100 points higher from 24.50-25.00 cents per 
pound. Choice White Grease was steady to 50 points higher at 28.00 cents per pound. 
Feather Meal was 5.00 to 25.00 lower from 300.00-370.00. Ruminant Blood Meal was 
steady from 625.00-675.00; Pork was limited at 725.00.

Millfeeds:
  Wheat Middlings were 8.00 to 15.00 higher from 85.00-103.00.

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)    278.40-279.40   280.40          301.90-316.90
Linseed Meal, 34 pct          225.00-250.00   220.00-245.00   285.00       
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                140.00-145.00   135.00-140.00   160.00-165.00
Canola Meal, 36 pct protein 
ltd                           208.40-233.40   223.40-233.40   218.90-243.90
Soybean Crude Oil,  
 Cents per pound              28.01-29.01     27.40-28.90     27.74
Meat and Bone Meal, 50 pct    200.00-220.00   200.00-220.00   255.00-285.00
Feather Meal, 80 pct          300.00-370.00   325.00-375.00   535.00-600.00
Yellow Grease, 
   Cents per pound            24.50-25.00     24.00-24.25     22.00-25.00
Choice White Grease,
   Cents per pound            28.00           27.50-28.00     25.50-26.25
Wheat Middlings               85.00-103.00    70.00-95.00     66.00-85.00 

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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