MS_GR215    

Minneapolis, MN         Tue Nov 24, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, November 24, 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 2.50 higher at 398.30, January closed 
2.20 higher at 396.90 and March closed 4.60 higher at 396.00. The December Soybean 
Oil futures closed 56 points higher at 38.06 cents per pound, January closed 41 
points higher at 37.72 cents per pound and March closed 57 points higher at 37.61 
cents per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 
2.50 higher from 386.30-394.30, the basis was from 12.00 to 4.00 under the December 
Soybean Meal futures. Linseed Meal, 34 pct protein was steady to 25.00 higher from 
250.00-275.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 
pct protein was steady from 200.00-250.00 in the North Dakota-Minnesota area. Canola 
Meal was 17.80 to 22.80 lower from 276.90-306.90, the basis was 120 to 90 under the 
January Soybean Meal futures. Soybean Oil in Minnesota was 6 to 56 points higher from 
38.06-39.06 cents per pound, the basis was steady from 0 to 100 points over the 
December Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady from 220.00-300.00; Pork was 
steady from 255.00-325.00. Yellow Grease was steady to 50 points higher from 22.50-
24.50 cents per pound. Choice White Grease was at 27.00 cents per pound with limited 
trade. Feather Meal was steady to 25.00 lower from 340.00-400.00. Ruminant Blood Meal 
was from 800.00-900.00; Pork was at 950.00 with limited trade.

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)    386.30-394.30   383.80-391.80   274.10-275.10      
Linseed Meal, 34 pct          250.00-275.00   250.00          230.00       
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                200.00-250.00   200.00-250.00   160.00-170.00
Canola Meal, 36 pct protein   276.90-306.90   294.70-329.70   182.70-202.10 
Soybean Crude Oil,  
 Cents per pound              38.06-39.06     38.00-38.50     29.72-30.72
Meat and Bone Meal, 50 pct    220.00-300.00   220.00-300.00   180.00-205.00
Feather Meal, 80 pct          340.00-400.00   340.00-425.00   350.00-400.00
Yellow Grease, 
   Cents per pound            22.50-24.50     22.50-24.00     19.50-24.50
Choice White Grease
   Cents per pound            27.00 ltd       25.00-27.00     20.00-25.25
Wheat Middlings               90.00-130.00    90.00-130.00    115.00-150.00

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