MS_GR215  

Minneapolis, MN         Tue January 14, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, January 14, 2020
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
The March Soybean Meal futures closed 70 cents higher at 302.00, May closed 1.10 
higher at 306.60. The March Soybean Oil futures closed 67 points lower at 34.07 cents 
per pound, May closed 64 points lower at 34.40 cents per pound. The Rail delivery of 
high protein Soybean Meal in Minnesota was mixed, 30 cents lower to 70 cents higher 
from 276.00 to 282.00, the basis was 26 to 20 under the March Soybean Meal futures. 
Linseed Meal, 34 pct protein was steady to 10.00 higher from 230.00-255.00 in the 
North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was 5.00 to 
10.00 higher from 170.00-205.00 in the North Dakota-Minnesota area. Canola Meal was 
9.30 to 29.30 lower from 202.00 to 212.00, the basis ranged from 100 to 90 under the 
March Soybean Meal futures. Soybean Oil in Minnesota was 55 to 67 points lower from 
33.57-34.41 cents per pound, the basis ranged from 50 points under the March soybean 
oil futures to 34.45 points over the March soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was 165.00-175.00 with limited trading; Pork 
was not available.  Yellow Grease 20.50-21.50 cents per pound with limited trading. 
Choice White Grease was 26.25 cents per pound with limited trading. Feather Meal was 
300.00-310.00. Ruminant Blood Meal was 700.00-750 with limited trading; Pork was not 
available.

Millfeeds:
  Wheat Middlings were 10.00 to 15.00 lower from 95.00-115.00

Bids/Offers prices are bulk per ton, in carlots unless specified. 
Animal ingredients are delivered MPLS, other ingredients are FOB.
                                      
                              This Week       December 30     Last Year    
Soybean Meal, 46.5 pct (R)    276.00-282.00   276.30-281.30   279.30-287.30
Linseed Meal, 34 pct          230.00-255.00   230.00-245.00   215.00-220.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                170.00-205.00   160.00-200.00   165.00-215.00
Canola Meal, 36 pct protein 
                              202.00-212.00   211.30-241.30   209.30-229.30
Soybean Crude Oil,  
 Cents per pound              33.57-34.41     34.24-34.96     28.74-29.74
Meat and Bone Meal, 50 pct    165.00-175.00   Not Available   190.00-240.00
Feather Meal, 80 pct          300.00-310.00   Not Available   485.00-550.00
Yellow Grease, 
   Cents per pound            20.50-21.50     Not Available   19.25-20.50
Choice White Grease,
   Cents per pound            26.25           Not Available   22.00-24.00
Wheat Middlings               90.00-115.00    105.00-125.00   80.00-90.00  

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