MS_GR215  ***Corrected date ******
Minneapolis, MN    Tue November 19, 2019         USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, November 19, 2019
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
   The January Soybean Meal futures closed 0.20 cents lower at 304.2 and March closed 
0.60 lower at 307.00. The December Soybean Oil futures closed 55 points loweer at 
30.96 centers per pound and March closed 9 points lower at 31.42 cents per pound.  
The Rail delivery of high protein Soybean Meal in Minnesota was 4.80 to 7.80 higher 
at 279.20, the basis was 25 under the January Soybean Meal futures. Linseed Meal, 34 
pct protein was mixed, 5.00 lower to 5.00 higher from 220.00-230.00 in the North 
Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was mixed, 10.00 
lower to 10.00 higher from 160.00-170.00 in the North Dakota-Minnesota area. Canola 
Meal was 40 cents to 10.40 lower from 192.00-227.00 with the basis from 110.00 to 
75.00 under the December Soybean Meal futures. Soybean Oil in Minnesota was mixed, 
107 points lower to 50 points higher from 30.96-31.46 cents per pound, the basis 
ranged 0 (option) to 50 points over the December soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady from 175.00-220.00; Pork was mixed, 
20.00 lower to 25.00 higher at 200.00.  Yellow Grease was steady from 19.50-22.00 
cents per pound. Choice White Grease was steady from 19.75-23.00 cents per pound. 
Feather Meal was steady from 325.00-400.00.00. Ruminant Blood Meal was steady to 
25.00 higher from 500.00-650.00; Pork was 25.00 higher at 650.00.

Millfeeds:
  Wheat Middlings were 10.00 to 15.00 higher from 120.00-145.00

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)    279.00          269.70-272.70   273.10-283.10
Linseed Meal, 34 pct          220.00-230.00   225.00          200.00-210.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                160.00-170.00   150.00-180.00   160.00-180.00
Canola Meal, 36 pct protein 
                              192.00-227.00   202.30-227.30   237.10       
Soybean Crude Oil,  
 Cents per pound              30.96-31.46     31.03-32.53     28.34-29.84
Meat and Bone Meal, 50 pct    175.00-220.00   175.00-220.00   190.00-235.00
Feather Meal, 80 pct          325.00-400.00   325.00-400.00   440.00-550.00
Yellow Grease, 
   Cents per pound            19.50-22.00     19.50-22.00     18.00-19.50
Choice White Grease,
   Cents per pound            19.75-23.00     19.75-23.00     21.50-21.50
Wheat Middlings               120.00-145.00   110.00-130.00   80.00-100.00

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