MS_GR215  

Minneapolis, MN         Tue April 07, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, April 07, 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 27.70 lower at 293.80, July closed 21.10 lower at 
297.80. The May Soybean Oil futures closed 47 points higher at 27.48 cents per pound, 
July closed 45 points higher at 27.81 cents per pound. The Rail delivery of high 
protein Soybean Meal in Minnesota was 27.70 lower at 278.80, the basis was steady at 
15.00 under the May Soybean Meal futures. Linseed Meal, 34 pct protein was steady 
from 250.00-285.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 
34 pct protein was mixed, 5.00 lower to 5.00 higher from 175.00-185.00 in the North 
Dakota-Minnesota area. Canola Meal was 17.70 to 27.70 lower from 203.80-243.80, the 
basis was steady to 10.00 higher from 90.00 to 50.00 under the May Soybean Meal 
futures. Soybean Oil in Minnesota was 47 points higher from 27.48-27.98 cents per 
pound, the basis was steady from option (0) to 50 points over the May Soybean Oil 
futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady to 15.00 higher from 220.00-250.00; 
Pork was steady to 25.00 higher from 250.00-290.00.  Yellow Grease was steady from 
19.00-21.00 cents per pound. Choice White Grease was steady to 150 points higher from 
21.00-22.75 cents per pound. Feather Meal was steady to 20.00 higher from 325.00-
350.00. Ruminant Blood Meal was steady to 50.00 higher from 900.00-950.00; Pork was 
steady to 50.00 higher from 875.00-1000.00.

Millfeeds:
  Wheat Middlings were 2.00 to 10.00 higher from 80.00-105.00.

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)    278.80          306.50          277.10-284.10
Linseed Meal, 34 pct          250.00-285.00   250.00-285.00   235.00-250.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                175.00-185.00   170.00-190.00   160.00-180.00
Canola Meal, 36 pct protein   203.80-243.80   231.50-261.50   219.10-229.10
Soybean Crude Oil,  
 Cents per pound              27.48-27.98     27.01-27.51     28.54-29.29
Meat and Bone Meal, 50 pct    220.00-250.00   220.00-235.00   175.00-225.00
Feather Meal, 80 pct          325.00-350.00   325.00-335.00   450.00-500.00
Yellow Grease, 
   Cents per pound            19.00-21.00     19.00-21.00     18.00-22.00  
Choice White Grease
   Cents per pound            21.00-22.75      19.50-22.75     21.00-23.50
Wheat Middlings               80.00-105.00     78.00-95.00     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  4