MS_GR215  

Minneapolis, MN         Tue February 11, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, February 11, 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 2.30 higher at 290.80, May closed 2.50 higher 
at 296.50. The March Soybean Oil futures closed 1 point lower at 30.72 cents per 
pound, May closed 2 points lower at 31.08 cents per pound. The Rail delivery of high 
protein Soybean Meal in Minnesota was 2.00 to 6.50 higher from 270.50-274.50, the 
basis ranged 26.00 to 22.00 under the May Soybean Meal futures. Linseed Meal, 34 pct 
protein was steady from 250.00-275.00 in the North Dakota-Minnesota area. Sunflower 
Meal, 13 pct fiber, 34 pct protein was steady to 5.00 lower from 170.00-205.00 in the 
North Dakota-Minnesota area. Canola Meal was 2.30 higher from 180.80 to 210.80, the 
basis was steady from 110.00-80.00 under the March Soybean Meal futures. Soybean Oil 
in Minnesota was 1 point lower from 30.22-30.72 cents per pound, the basis was steady 
from 50 points under to 0 points over the March soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was not available; Pork was not available.  
Yellow Grease was not available. Choice White Grease was not available. Feather Meal 
was not available. Ruminant Blood Meal was not available; Pork was not available.

Millfeeds:
  Wheat Middlings were steady to 3.00 lower from 75.00-87.00.

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)    270.50-274.50   264.00-272.50   275.20-279.20
Linseed Meal, 34 pct          250.00-275.00   250.00-275.00   215.00-220.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                170.00-205.00   175.00-205.00   155.00-210.00
Canola Meal, 36 pct protein 
                              180.80-210.80   178.50-208.50   209.20-214.20
Soybean Crude Oil,  
 Cents per pound              30.22-30.72     30.23-30.73     30.33-31.33
Meat and Bone Meal, 50 pct    Not Available   140.00-185.00   190.00-235.00
Feather Meal, 80 pct          Not Available   325.00          525.00-575.00
Yellow Grease, 
   Cents per pound            Not Available   22.00-24.00     20.00-21.00  
Choice White Grease
   Cents per pound            Not Available   26.00-26.50     23.75-24.00  
Wheat Middlings               75.00-87.00     75.00-90.00     68.00-85.00  

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