MS_GR215  
Minneapolis, MN    Tue July 02, 2019             USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, July 02, 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 11.30 lower at 305.70 and August closed 
10.70 lower at 307.70. The July Soybean Oil futures closed 44 points lower at 27.66 
centers per pound, the August Soybean Oil futures closed 33 points lower at 27.81 
cents per pound and September closed 32 points lower at 27.93 cents per pound. The 
Rail delivery of high protein Soybean Meal in Minnesota was 11.30 lower from 
274.70.00-277.70, the basis ranged 31.00 to 28.00 under the August Soybean Meal 
futures. Linseed Meal, 34 pct protein was steady to 10.00 lower from 225.00-235.00 in 
the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was 
steady to 5.00 lower from 140.00-145.00 in the North Dakota-Minnesota area. Canola 
Meal was 11.30 lower at 225.70 with limited trade, the basis was limited at 80 under 
the August Soybean Meal futures. Soybean Oil in Minnesota was 34 points lower from 
27.16-28.16 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 15.00 higher from 200.00-220.00; 
Pork was stead to 20.00 lower at 220.00. Yellow Grease was 100 points lower from 
22.50-24.50 cents per pound. Choice White Grease was steady to 100 points higher at 
27.00 cents per pound. Feather Meal was 20.00 to 50.00 lower from 300.00-400.00. 
Ruminant Blood Meal was steady to 25.00 lower from 600.00-700.00; Pork was 50.00 to 
75.00 lower from 625.00-700.00. 

Millfeeds:
  Wheat Middlings was 2.00 to 5.00 higher from 70.00-90.00.

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)    274.70-277.70   286.00-289.00   298.30-314.30
Linseed Meal, 34 pct          225.00-235.00   225.00-245.00   260.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                140.00-145.00   140.00-150.00   150.00-160.00
Canola Meal, 36 pct protein 
ltd                           225.70          237.00          221.30-251.30
Soybean Crude Oil,  
 Cents per pound              27.16-28.16     27.50-28.50     27.74-28.12
Meat and Bone Meal, 50 pct    200.00-220.00   185.00-220.00   275.00-300.00
Feather Meal, 80 pct          300.00-400.00   350.00-420.00   535.00-600.00
Yellow Grease, 
   Cents per pound            22.50-24.50     23.50-24.50     21.50-25.50
Choice White Grease,
   Cents per pound            27.00           26.00-27.00     26.50-27.00
Wheat Middlings               70.00-90.00     65.00-85.00     60.00-70.00 

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