MS_GR215    

Minneapolis, MN         Tue Sep 15, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, September 15, 2020
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mostly lower this week 

Oilseeds:
       The October Soybean Meal futures closed 4.90 higher at 314.30 and the December 
closed 4.60 higher at 319.20. The October Soybean Oil futures closed 81 points higher 
at 34.08 cents per pound and December closed 75 points higher at 34.15 cents per 
pound. The Truck delivery of high protein Soybean Meal in Minnesota was 7.80 to 9.80 
higher from 299.20-307.20, the basis ranged 20.00 to 12.00 under the December Soybean 
Meal futures. Linseed Meal, 34 pct protein was 50.00 lower with limited trade at 
200.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct 
protein was steady to 15.00 lower from 1850.00-240.00 in the North Dakota-Minnesota 
area. Canola Meal was mixed, 10.10 lower to 4.90 higher from 239.30-259.30, the basis 
was steady to 15.00 higher from 75.00 to 55.00 under the October Soybean Meal 
futures. Soybean Oil in Minnesota was 81 points higher from 34.38-36.08 cents per 
pound, the basis was steady from 50 to 200 points over the October Soybean Oil 
futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady from 165.00-200.00; Pork was 
steady to 5.00 higher from 210.00-235.00. Yellow Grease was steady from 20.00-24.00 
cents per pound. Choice White Grease was steady to 100 points higher from 26.00-27.50 
cents per pound. Feather Meal was steady from 285.00-310.00, instances 350.00.  
Ruminant Blood Meal was steady from 500.00-575.00; Pork was steady at 600.00.

Millfeeds:
  Wheat Middlings were 10.00 to 15.00 higher from 90.00-120.00

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 (T)    299.20-307.20   291.40-297.40   268.10-269.10      
Linseed Meal, 34 pct          Ltd 200.00      250.00          190.00-235.00 
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                185.00-240.00   200.00-240.00   145.00-150.00
Canola Meal, 36 pct protein   239.30-259.30   234.40-269.40   204.10-224.10
Soybean Crude Oil,  
 Cents per pound              34.58-36.06     33.77-35.27     29.85-31.10
Meat and Bone Meal, 50 pct    165.00-200.00   165.00-200.00   200.00-225.00
Feather Meal, 80 pct          285.00-310.00   285.00-310.00   325.00-375.00
Yellow Grease, 
   Cents per pound            20.00-24.00     20.00-24.00     22.50
Choice White Grease
   Cents per pound            26.00-27.50     26.00-26.50     25.00-25.50
Wheat Middlings               90.00-120.00    75.00-110.00    98.00-108.00

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