MS_GR215  

Minneapolis, MN         Tue March 10, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, March 10, 2020
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
The May Soybean Meal futures closed 8.20 lower at 301.90, July closed 8.10 lower at 
306.00. The May Soybean Oil futures closed 149 points lower at 27.67 cents per pound, 
July closed 148 points lower at 28.02 cents per pound. The Rail delivery of high 
protein Soybean Meal in Minnesota was 4.20 to 5.20 lower 279.90-281.90, the basis was 
3.00 to 4.00 higher from 22.00 to 20.00 under the May Soybean Meal futures. Linseed 
Meal, 34 pct protein was mixed, 15.00 lower to 15.00 higher from 250.00-285.00 in the 
North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was steady 
from 170.00-190.00 in the North Dakota-Minnesota area. Canola Meal was 1.80 higher 
from 196.90-216.90, the basis was 10.00 higher from 105.00 to 85.00 under the May 
Soybean Meal futures. Soybean Oil in Minnesota was 149 points lower from 27.17-27.67 
cents per pound, the basis was steady from 50 points under to 0 points over the May 
Soybean Oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein ranged 200.00-220.00; Pork ranged 235.00-
245.00.  Yellow Grease ranged 23.00-24.50 cents per pound. Choice White Grease ranged 
25.00 to 26.50 cents per pound. Feather Meal ranged 325.00-335.00, instances 425.00.  
Ruminant Blood Meal ranged 850.00-900.00, intances 1025.00; Pork ranged 925.00-
1015.00.

Millfeeds:
  Wheat Middlings were 2.00 to 5.00 higher from 78.00-95.00.

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)    279.90-281.90   285.10-286.10   267.00-269.00
Linseed Meal, 34 pct          250.00-285.00   235.00-300.00   230.00-235.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                170.00-190.00   170.00-190.00   165.00-215.00
Canola Meal, 36 pct protein   196.90-216.90   195.10-214.10   Ltd 228.00
Soybean Crude Oil,  
 Cents per pound              27.17-27.67     28.66-29.16     29.49-30.74
Meat and Bone Meal, 50 pct    200.00-220.00   Not Available   200.00-250.00
Feather Meal, 80 pct          325.00-335.00   Not Available   470.00-525.00
Yellow Grease, 
   Cents per pound            23.00-24.50     Not Available   19.00-20.50  
Choice White Grease
   Cents per pound            25.00-26.50     Not Available   21.50-23.00  
Wheat Middlings               78.00-95.00     73.00-93.00     80.00-102.00 

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