MS_GR215  
Minneapolis, MN    Tue June 25, 2019           USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, June 25, 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 6.30 lower at 315.70 and August closed 6.50 
lower at 317.00. The July Soybean Oil futures closed 33 points lower at 28.00 cents 
per pound and August closed 33 points lower at 28.14 cents per pound. The Rail 
delivery of high protein Soybean Meal in Minnesota was 5.00 to 6.00 lower from 
286.00-289.00, the basis ranged 31.00 to 28.00 under the August Soybean Meal futures. 
Linseed Meal, 34 pct protein was 5.00 to 20.00 higher from 225.00-245.00 in the North 
Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was mixed, 5.00 
lower to 5.00 higher from 140.00-150.00 in the North Dakota-Minnesota area. Canola 
Meal was steady at 237.00 with limited trade, the basis was limited at 80 under the 
August Soybean Meal futures. Soybean Oil in Minnesota was 33 points lower from 27.50-
28.50 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 from 185.00-220.00; Pork was mixed, 
5.00 lower to 15.00 higher from 220.00-240.00. Yellow Grease was 100 points higher 
from 23.50-24.50 cents per pound. Choice White Grease was steady to 100 points higher 
from 26.00-27.00 cents per pound. Feather Meal was 25.00 to 45.00 higher from 350.00-
420.00. Ruminant Blood Meal was 35.00 to 75.00 lower from 625.00-700.00; Pork was 
25.00 to 50.00 lower from 700.00-750.00. 

Millfeeds:
  Wheat Middlings was steady to 3.00 higher from 65.00-88.00.

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)    286.00-289.00   292.00-294.00   304.80-319.80
Linseed Meal, 34 pct          225.00-245.00   220.00-225.00   260.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                140.00-150.00   145.00          150.00-165.00
Canola Meal, 36 pct protein 
ltd                           237.00          237.00          228.70-257.80
Soybean Crude Oil,  
 Cents per pound              27.50-28.50     27.83-28.83     27.94-28.84
Meat and Bone Meal, 50 pct    185.00-220.00   185.00-220.00   265.00-300.00
Feather Meal, 80 pct          350.00-420.00   325.00-375.00   500.00-575.00
Yellow Grease, 
   Cents per pound            23.50-24.50     22.50-23.50     21.50-26.50
Choice White Grease,
   Cents per pound            26.00-27.00     26.00           26.50-29.00
Wheat Middlings               65.00-88.00     65.00-85.00     60.00-80.00 

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