MS_GR215 Minneapolis, MN Tue Jun 16, 2020 USDA Market News Minnesota Feedstuffs - Prices for the week ending Tuesday, June 16, 2020 **All prices are quoted per ton, unless otherwise noted. ** Oilseed and Animal feedstuffs were mostly lower this week Oilseeds: The July Soybean Meal futures closed 80 cents higher at 287.90, August closed 30 cents higher at 290.00 and September closed at 291.50. The July Soybean Oil futures closed 24 points lower at 27.99 cents per pound, August closed 23 points lower at 28.18 cents per pound and September closed at 28.32 cents per pound. The Rail delivery of high protein Soybean Meal in Minnesota was 1.20 lower at 275.80, the basis was 2.00 lower at 12.00 under the July Soybean Meal futures. Linseed Meal, 34 pct protein was 20.00 higher with limited trade at 250.00 in the North Dakota- Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was steady to 20.00 lower from 160.00-200.00 in the North Dakota-Minnesota area. Canola Meal was 80 cents higher from 217.90-247.90, the basis was steady from 70.00 to 40.00 under the July Soybean Meal futures. Soybean Oil in Minnesota was 24 points lower at 27.49 cents per pound, the basis was steady at 50 points under the July Soybean Oil futures. Animal Protein: Meat and Bone Meal, 50 pct protein was 10.00 to 25.00 lower from 175.00-200.00; Pork was steady to 25.00 lower from 185.00-210.00. Yellow Grease was 50 to 100 points lower from 17.50-19.00 cents per pound. Choice White Grease was not established. Feather Meal was 45.00 to 50.00 lower from 280.00-325.00. Ruminant Blood Meal was 25.00 to 200.00 lower from 500.00-675.00; Pork was 25.00 lower with limited trade at 725.00. Millfeeds: Wheat Middlings were steady from 55.00-75.00. Bids/Offers prices are bulk per ton, in carlots unless specified. Animal ingredients are delivered MPL, other ingredients are FOB. This Week Last Week Last Year Soybean Meal, 46.5 pct (R) 275.90 277.10 292.00-294.00 Linseed Meal, 34 pct 250.00 230.00 220.00-225.00 Sunflower Meal, 34 pct protein MN/NDAKOTA 13 pct fiber 160.00-200.00 180.00-200.00 145.00 Canola Meal, 36 pct protein 217.90-247.90 217.10-247.10 237.00 Soybean Crude Oil, Cents per pound 27.49 27.73 27.83-28.83 Meat and Bone Meal, 50 pct 175.00-200.00 200.00-210.00 185.00-220.00 Feather Meal, 80 pct 280.00-325.00 325.00-375.00 325.00-375.00 Yellow Grease, Cents per pound 17.50-19.00 18.00-20.00 22.50-23.50 Choice White Grease Cents per pound Not Estabslihed 21.00-22.00 26.00 Wheat Middlings 55.00-75.00 55.00-75.00 65.00-85.00 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