MS_GR215    

Minneapolis, MN         Tue Nov 10, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, November 10, 2020
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were steady to higher this week 

Oilseeds:
       The December Soybean Meal futures closed 17.60 higher at 394.80, January closed 
22.20 higher at 394.10 and March closed 26.50 higher at 388.50. The December Soybean 
Oil futures closed 228 points higher at 36.06 cents per pound, January closed 235 
points higher at 36.00 cents per pound and March closed 238 points higher at 35.84 
cents per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 
17.60 to 19.60 higher from 382.80-390.80, the basis was from 12.00 to 4.00 under the 
December Soybean Meal futures. Linseed Meal, 34 pct protein was mixed, 10.00 lower to 
5.00 higher at 250.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct 
fiber, 34 pct protein was mixed, 15.00 lower to 5.00 higher from 185.00-225.00 in the 
North Dakota-Minnesota area. Canola Meal was 2.60 to 12.20 higher from 284.10-309.80, 
the basis was 110.00 under the January Soybean Meal futures to 85.00 under the 
December Soybean Meal futures. Soybean Oil in Minnesota was 228 points higher from 
36.56-37.06 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 steady from 250.00-300.00; Pork was 
steady to 15.00 lower from 270.00-325.00. Yellow Grease was steady from 22.50-24.00 
cents per pound. Choice White Grease was steady to 200 points higher from 25.00-27.00 
cents per pound. Feather Meal was 30.00 to 55.00 higher from 350.00-425.00. Ruminant 
Blood Meal was steady from 675.00-800.00; Pork was steady to 75.00 higher from 
700.00-875.00.

Millfeeds:
  Wheat Middlings were steady from 90.00-130.00

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)    382.80-390.80   363.20-373.20   271.40-274.40      
Linseed Meal, 34 pct          250.00          245.00-260.00   225.00       
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                185.00-225.00   200.00-220.00   150.00-180.00
Canola Meal, 36 pct protein   284.10-309.80   271.90-307.20   202.30-227.30 
Soybean Crude Oil,  
 Cents per pound              36.56-37.06     34.28-34.78     31.03-32.53
Meat and Bone Meal, 50 pct    250.00-300.00   250.00-300.00   175.00-220.00
Feather Meal, 80 pct          350.00-425.00   320.00-370.00   325.00-400.00
Yellow Grease, 
   Cents per pound            22.50-24.00     22.50-24.00     19.50-22.00
Choice White Grease
   Cents per pound            25.00-27.00     25.00           19.75-23.00
Wheat Middlings               90.00-130.00    90.00-130.00    110.00-130.00

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