MS_GR215    

Minneapolis, MN         Tue Oct 27, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, October 27, 2020
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mostly higher this week 

Oilseeds:
       The December Soybean Meal futures closed 12.10 higher at 384.00, January closed 
11.30 higher at 377.90 and March closed 5.80 higher at 364.80. The December Soybean 
Oil futures closed 80 points higher at 34.11 cents per pound, January closed 61 
points higher at 33.92 cents per pound and March closed 37 points lower at 33.67 
cents per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 
12.10 higher from 374.00-378.00, the basis was steady from 10.00 to 6.00 under the 
December Soybean Meal futures. Linseed Meal, 34 pct protein was steady  to 30.00 
higher from 250.00-255.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct 
fiber, 34 pct protein was 10.00 lower from 190.00-220.00 in the North Dakota-
Minnesota area. Canola Meal was mixed, 4.00 lower to 7.10 higher from 277.90-319.90, 
the basis was from 100.00 under the January Soybean Meal futures to 65.00 under the 
December Soybean Meal futures. Soybean Oil in Minnesota was 80 points higher from 
34.61-35.11 cents per pound, the basis was steady from 50 to 100 points over the 
December Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was 25.00 higher from 225.00-300.00; Pork 
was steady to 5.00 higher from 250.00-325.00. Yellow Grease was steady from 22.50-
25.00 cents per pound. Choice White Grease was mixed, 50 points lower to 100 points 
higher from 25.00-27.00 cents per pound. Feather Meal was steady to 40.00 higher from 
300.00-390.00. Ruminant Blood Meal was 25.00 higher from 700.00-800.00; Pork was 
steady from 700.00-775.00.

Millfeeds:
  Wheat Middlings were steady to 10.00 higher from 90.00-140.00

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)    374.00-378.00   361.90-365.90   270.00-273.00      
Linseed Meal, 34 pct          250.00-255.00   220.00-255.00   225.00-240.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                190.00-220.00   200.00-220.00   150.00-190.00
Canola Meal, 36 pct protein   277.90-319.00   281.90-311.90   213.00-228.00 
Soybean Crude Oil,  
 Cents per pound              34.61-35.11     33.81-34.31     31.00-32.00
Meat and Bone Meal, 50 pct    225.00-300.00   200.00-275.00   200.00-230.00
Feather Meal, 80 pct          300.00-390.00   300.00-350.00   300.00-350.00
Yellow Grease, 
   Cents per pound            22.50-25.00     22.50-25.00     20.00      
Choice White Grease
   Cents per pound            25.00-27.00     25.50-26.00     20.00-21.00
Wheat Middlings               90.00-140.00    90.00-130.00    90.00-115.00

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