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USDA - AMS: National Feedstuffs Market Review (2019-03-06)

USDA U.S. Department of Agriculture - March 6, 2019

MS_GR850 Minneapolis, MN    Wed, Mar 06, 2019        USDA Market News
National Feedstuffs Market Review 

**All prices quoted per ton unless otherwise noted**

The USDA Market News Service reports feed ingredient prices for the week ending Mar 
05, 2019 were mixed. Soybean Meal was 0.80 to 7.70 higher, mostly 2.70 higher. 
Cottonseed Meal was steady to 5.00 lower. Whole Cottonseed was mixed, 2.00 lower to 
5.00 higher.  Canola Meal was not well established. Linseed Meal was steady to 5.00 
higher. Sunflower Meal was steady to 5.00 lower. Crude Soybean Oil was 7 to 57 points 
lower. Crude Corn Oil was steady. Ruminant Meat and Bone Meal was steady to 35.00 
lower. Ruminant Blood Meal was steady to 25.00 lower. Feather Meal was steady to 
20.00 lower. Yellow Corn Hominy was steady to 25.00 lower. Corn Gluten Feed was 
mixed, 10.00 lower to 30.00 higher. Corn Gluten Meal was mixed, 20.00 lower to 2.00 
higher. Distillers Dried Grain was mixed, 10.00 lower to 7.00 higher, mostly steady 
to 5.00 lower. Wheat Middlings were steady to 7.00 higher. Wheat millrun was steady 
to 10.00 higher.

Oilseeds: The Mar Soybean Meal futures closed 2.40 higher at 305.60, May closed 2.70 
higher at 310.00, July closed 2.60 higher at 313.70. The Mar Soybean Oil futures 
closed 36 points lower at 29.73 cents per pound, May closed 38 points lower at 30.02 
cents per pound and July closed 38 points lower at 30.36 cents per pound. The Rail 
delivery of high protein Soybean Meal in Central Illinois was 2.80 higher from 
305.00-309.00; Indiana-Ohio was 2.70 to 7.70 higher from 292.00-305.00; Iowa was 2.70 
higher from 277.00-291.00; Kansas City was 2.70 higher from 296.00-299.00; 
Minneapolis was 2.70 higher from 274.00-276.00; St. Louis was 3.00 higher from 
316.00-321.00; Memphis was 0.80 to 1.00 higher from 311.30-332.50; Portland was 
steady to 5.70 higher from 340.00-355.00; BN Santa Fe/Union Pacific delivered Chino 
Valley was 2.70 to 4.80 higher from 342.00-349.00. Cottonseed Meal FOB the Central 
San Joaquin Valley in California was steady from 260.00-275.00; Kansas City was 
steady to 5.00 lower from 265.00-275.00; St. Louis was steady at 270.00; Memphis was 
5.00 lower from 225.00-230.00. Whole Cottonseed FOB the Central San Joaquin Valley in 
California was steady to 2.00 lower from 280.00-290.00; delivered to Portland was 
steady to 5.00 higher from 300.00-325.00; Memphis was not available. Offers for 
nearby delivered Canola Meal, 34 to 36 percent protein, delivered to Portland was not 
available; FOB Central San Joaquin Valley was 5.00 higher with limited offers at 
290.00; Minneapolis was limited at 230.00. Linseed Meal, 34 pct protein in North 
Dakota-Minnesota was steady to 5.00 higher from 230.00-235.00. Sunflower Meal, 23 pct 
fiber, 28 pct protein was steady to 5.00 lower from 165.00-210.00 in the North 
Dakota-Minnesota area. The Soybean Oil in Central Illinois was 7 to 27 points lower 
from 29.02-29.52 cents per pound; Indiana-Ohio was 7 to 57 points lower from 29.02-
31.77; Iowa was 7 to 36 points lower from 28.52-30.73; Minnesota was 36 to 57 points 
lower from 29.52-30.73. Crude Corn Oil in Central Illinois was steady at 25.65 cents 
per pound.

ANIMAL PROTEINS: Ruminant Meat and Bone Meal in the Central U.S. had no quote; FOB 
the Texas Panhandle had no quote; Minneapolis was steady to 35.00 lower from 200.00-
250.00; Kansas City was steady at 250.00; St. Louis was not available.00; Portland 
FOB production points was steady from 190.00-220.00; FOB Central and Northern 
California was steady to 25.00 lower from 200.00-210.00; FOB Los Angeles was steady 
to 25.00 lower from 200.00-210.00. Pork Meat and Bone Meal in the Central U.S. had no 
quote; Eastern Corn Belt had no quote; Minneapolis was steady from 250.00-265.00; St. 
Louis was not available. Ruminant Blood Meal in the Central U.S. had no quote; FOB 
the Texas Panhandle had no quote; Minneapolis was steady to 25.00 lower from 525.00-
625.00; delivered to the San Joaquin Valley was steady at 750.00. Pork Blood Meal in 
the Central U.S. had no quote; Eastern Corn Belt was had no quote; Minneapolis was 
steady to 10.00 higher from 625.00-675.00. Feather Meal in Kansas City was steady to 
5.00 lower from 435.00-445.00; Minneapolis was steady to 20.00 lower from 470.00-
525.00; Arkansas was 10.00 to 15.00 lower from 425.00-430.00; Mississippi was 5.00 to 
15.00 lower from 400.00-410.00. 

CORN FEEDS: Yellow Corn Hominy in Central Illinois was steady at 95.00 for rail, 
truck was steady at 100.00; Kansas City (Northwest) was not available; St. Louis was 
25.00 lower at 115.00; California rail was 1.00 higher at 183.00, truck was steady 
from 180.00-185.00. Corn Gluten Feed in the Midwest (IA, IL, IN) was steady to 10.00 
lower from 85.00-105.00; Kansas City was 15.00 to 30.00 higher from 180.00-195.00; 
St. Louis was steady from 150.00-155.00, California was steady from 195.00-205.00. 
Corn Gluten Meal, 60 percent protein in the Midwest (IA, IL, IN) was mixed, 20.00 
lower to 2.00 higher from 400.00-420.00; Kansas City was not available; St. Louis was 
steady from 475.00-485.00. Distillers Dried Grain prices in Iowa was steady from 
125.00-145.00; Eastern Cornbelt (IL, IN, OH, MI) was 5.00 lower from 120.00-175.00; 
Kansas was steady from 145.00-165.00; Minnesota was steady from 130.00-135.00; 
Nebraska was steady from 130.00-159.00; Wisconsin was steady to 5.00 lower from 
130.00-145.00; South Dakota was steady to 2.00 lower from 130.00-143.00; Missouri was 
steady to 7.00 higher from 152.00-175.00; St. Louis was 10.00 lower from 145.00-
155.00; California was steady from 200.00-210.00; Pacific Northwest mills were steady 
to 7.00 higher from 206.00-218.00.

WHEAT MILLFEEDS: Wheat Middlings in Buffalo, NY were steady at 90.00; Kansas City 
were 3.00 to 6.00 higher from 96.00-106.00; Minneapolis was 1.00 to 5.00 higher from 
78.00-100.00; St. Louis was 7.00 higher from 112.00-122.00. Wheat Millrun delivered 
Portland was steady at 150.00; FOB Los Angeles mill was steady to 10.00 higher from 
125.00-145.00.

OTHERS: In the south Rice Bran, Millfeed and Hull prices were steady. In California, 
Rice Bran and Rice were steady. Alfalfa Meal prices were mostly 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

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