MS_GR215  
Minneapolis, MN    Tue December 3, 2019         USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, December 3, 2019
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
The December Soybean Meal futures closed 2.20 lower at 292.50, the January closed 
2.40 lower at 294.70 and March closed 2.70 lower at 297.9. The December Soybean Oil 
futures closed 23 points lower at 29.99 centers per pound, January closed 21 points 
lower at 30.19 cents per pound and March closed 20 points lower at 30.49 cents per 
pound. The Rail delivery of high protein Soybean Meal in Minnesota was 2.40 lower 
from 271.70-272.70, the basis was 23 to 22 under the January Soybean Meal futures. 
Linseed Meal, 34 pct protein was steady to 5.00 lower from 225.00-230.00 in the North 
Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was 5.00 to 15.00 
higher from 170.00-175.00 in the North Dakota-Minnesota area. Canola Meal was mixed, 
2.20 lower to 40 cents higher from 180.50-202.50 with the basis was 112.00 under the 
December Soybean Meal futures to 95 under the January Soybean Meal futures. Soybean 
Oil in Minnesota was 23 points lower from 29.49-30.49 cents per pound, the basis 
ranged 50 points under to 50 points over the December soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady to 10.00 lower from 170.00-205.00; 
Pork was steady from 225.00-260.00.  Yellow Grease was steady from 19.50-24.50 cents 
per pound. Choice White Grease was steady from 20.00-25.25 cents per pound. Feather 
Meal was steady to 15.00 lower 350.00-385.00.00. Ruminant Blood Meal was steady from 
650.00-750.00; Pork was steady from 675.00-750.00.

Millfeeds:
  Wheat Middlings were steady to 5.00 higher from 120.00-150.00

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)    271.70-272.70   274.10          303.30-315.30
Linseed Meal, 34 pct          225.00-230.00   230.00          215.00       
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                170.00-175.00   160.00-170.00   160.00-210.00
Canola Meal, 36 pct protein 
                              180.50-202.50   182.70-202.10   228.30       
Soybean Crude Oil,  
 Cents per pound              29.49-30.49     29.72-30.72     33.00-33.25
Meat and Bone Meal, 50 pct    170.00-205.00   180.00-205.00   195.00-230.00
Feather Meal, 80 pct          350.00-385.00   350.00-400.00   380.00-455.00
Yellow Grease, 
   Cents per pound            19.50-24.50     19.50-24.50     20.00-22.00
Choice White Grease,
   Cents per pound            20.00-25.25     20.00-25.25     22.22-24.50
Wheat Middlings               120.00-150.00   115.00-150.00   65.00-90.00 

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