MS_GR215    

Minneapolis, MN         Tue Jun 30, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, June 30, 2020
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mostly lower this week 

Oilseeds:
The August Soybean Meal futures closed 1.40 higher at 289.70, September was 2.40 
higher at 291.40. The August Soybean Oil futures closed 23 points lower at 28.14 
cents per pound, September closed 23 points lower at 28.30 cents per pound. The Rail 
delivery of high protein Soybean Meal in Minnesota was 60 cents to 2.60 lower from 
271.70-275.70, the basis was 2.00 to 4.00 lower from 18.00-14.00 under the August 
Soybean Meal futures. Linseed Meal, 34 pct protein was not established in the North 
Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was steady from 
170.00-220.00 in the North Dakota-Minnesota area. Canola Meal was 1.40 to 15.60 
higher from 224.70-234.70, the basis was ranged 65.00 to 55.00 under the August 
Soybean Meal futures. Soybean Oil in Minnesota was 3 points lower from 27.64-28.14 
cents per pound, the basis was 50 points under to option (0) the August Soybean Oil 
futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady to 35.00 lower from 140.00-200.00; 
Pork was steady from 190.00-210.00.  Yellow Grease was steady to 50 points lower from 
15.00-18.50 cents per pound. Choice White Grease was not established. Feather Meal 
was steady from 235.00-290.00. Ruminant Blood Meal was steady from 400.00-550.00; 
Pork was steady with limited trade at 600.00.

Millfeeds:
  Wheat Middlings was steady to 5.00 higher from 656.00-80.00

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)    271.70-275.70   274.30-276.30   274.70-277.70
Linseed Meal, 34 pct          No Quote        Ltd 245.00      225.00-235.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                170.00-220.00   170.00-220.00   140.00-145.00
Canola Meal, 36 pct protein   224.70-234.70   211.30-233.30   225.70
Soybean Crude Oil,  
 Cents per pound              27.64-28.14     27.67-28.17     27.16-28.16
Meat and Bone Meal, 50 pct    140.00-200.00   175.00-200.00   200.00-220.00
Feather Meal, 80 pct          235.00-290.00   235.00-290.00   300.00-400.00
Yellow Grease, 
   Cents per pound            15.00-18.50     15.00-19.00     22.50-24.50
Choice White Grease
   Cents per pound            Not Estabslihed Not Established 27.00
Wheat Middlings               65.00-80.00     65.00-75.00     70.00-90.00 

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