MS_GR215 Minneapolis, MN Tue May 28, 2019 USDA Market News Minnesota Feedstuffs - Prices for the week ending Tuesday, May 28, 2019 **All prices are quoted per ton, unless otherwise noted. ** Oilseed and Animal feedstuffs were mixed this week Oilseeds: The July Soybean Meal futures closed 17.50 higher at 312.80 and August closed 17.00 higher at 313.90. The July Soybean Oil futures closed 15 points higher at 27.29 cents per pound and August closed 15 points higher at 27.41 cents per pound. The Rail delivery of high protein Soybean Meal in Minnesota was 14.50 to 19.50 higher from 282.80-284.80, the basis was mixed from 3.00 lower to 2.00 higher from 32.00 to 25.00 under the July Soybean Meal futures. Linseed Meal, 34 pct protein was steady to 5.00 higher from 215.00-250.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was steady to 5.00 higher from 135.00-145.00 in the North Dakota-Minnesota area. Canola Meal had limited trade at 227.80, the basis was limited at 85 under the July Soybean Meal futures. Soybean Oil in Minnesota was 15 points higher from 26.79-27.79 cents per pound; the basis was steady from, 50 points under to 50 points over the July soybean oil futures. Animal Protein: Meat and Bone Meal, 50 pct protein was steady to 5.00 higher from 195.00-220.00; Pork was steady to 10.00 lower from 220.00-225. Yellow Grease was steady to 50 points higher from 21.00-23.00 cents per pound. Choice White Grease was steady to 50 points higher from 25.50-26.00 cents per pound. Feather Meal was steady to 25.00 lower from 325.00-375.00 with instances of 540. Ruminant Blood Meal was steady from 660.00- 800.00; Pork was steady to 25.00 lower from 750.00-825.00. Millfeeds: Wheat Middlings Ranged 80.00-90.00 with an instance of 63.00. Bids/Offers prices are bulk per ton, in carlots unless specified. Animal ingredients are delivered MPLS, other ingredients are FOB. May 14, 2019 This Week Last Week Last Year Soybean Meal, 46.5 pct (R) 282.80-284.80 263.30-270.30 348.20-360-20 Linseed Meal, 34 pct 215.00-250.00 210.00-250.00 270.00-280.00 Sunflower Meal, 34 pct protein MN/NDAKOTA 13 pct fiber 135.00-145.00 135.00-140.00 175.00-210.00 Canola Meal, 36 pct protein ltd 227.80 203.00-218.00 275.20-290.20 Soybean Crude Oil, MN Cents per pound 26.79-27.79 26.64-27.64 29.96-30.21 Meat and Bone Meal, 50 pct 195.00-220.00 195.00-220.00 285.00-320.00 Feather Meal, 80 pct 325.00-375.00 325.00-400.00 525.00-610.00 Yellow Grease, Cents per pound 21.00-23.00 20.50-23.00 21.00-26.00 Choice White Grease, Cents per pound 25.50-26.00 25.00-26.00 25.00-27.00 Wheat Middlings 80.00-90.00 80.00-90.00 75.00-95.00 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