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 4.80 lower at 393.50, January closed 
6.70 lower at 390.20 and March closed 7.30 lower at 388.70. The December Soybean Oil 
futures closed 66 points lower at 37.40 cents per pound, January closed 71 points 
lower at 37.01 cents per pound and March closed 75 points lower at 36.86 cents per 
pound. The Truck delivery of high protein Soybean Meal in Minnesota was 5.10 to 6.10 
lower from 380.20-389.20, the basis was from 10.00 to 1.00 under the January Soybean 
Meal futures. Linseed Meal, 34 pct protein was 10.00 to 25.00 higher from 275.00-
285.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct 
protein was steady to 10.00 higher from 200.00-260.00 in the North Dakota-Minnesota 
area. Canola Meal was mixed, 6.70 lower to 3.30 higher from 270.20-310.20, the basis 
was 120 to 80 under the January Soybean Meal futures. Soybean Oil in Minnesota was 55 
to 80 points lower from 37.51-38.26 cents per pound, the basis was from 50 to 125 
points over the January Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady to 30.00 higher from 250.00-
300.00; Pork was steady to 10.00 higher from 265.00-325.00. Yellow Grease was steady 
to 150 points higher from 24.00-26.00 cents per pound. Choice White Grease was steady 
to 100 points higher from 27.00-28.00 cents per pound. Feather Meal was 10.00 to 
25.00 higher from 350.00-425.00. Ruminant Blood Meal was steady to 50.00 higher from 
850.00-900.00; Pork was steady at 950.00 with limited trade.

Millfeeds:
  Wheat Middlings were steady to 25.00 higher from 90.00-155.00

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)    380.20-389.20   386.30-394.30   271.70-272.70      
Linseed Meal, 34 pct          275.00-285.00   250.00-275.00   225.00-230.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                200.00-260.00   200.00-250.00   170.00-175.00
Canola Meal, 36 pct protein   270.20-310.20   276.90-306.90   180.50-202.50 
Soybean Crude Oil,  
 Cents per pound              37.51-38.26     38.06-39.06     29.49-30.49
Meat and Bone Meal, 50 pct    250.00-300.00   220.00-300.00   170.00-205.00
Feather Meal, 80 pct          350.00-425.00   340.00-400.00   350.00-385.00
Yellow Grease, 
   Cents per pound            24.00-26.00     22.50-24.50     19.50-24.50
Choice White Grease
   Cents per pound            27.00-28.00     27.00 ltd       20.00-25.25
Wheat Middlings               90.00-155.00    90.00-130.00    120.00-150.00

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