MS_GR215    

Minneapolis, MN         Tue April 27, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, April 27, 2021
**All prices are quoted per ton, unless otherwise noted. **


Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
       The May Soybean Meal futures closed 15.10 higher at 425.50, July closed 12.10 
higher at 426.80 and August closed 10.10 higher at 422.00. The May Soybean Oil 
futures closed 813 points higher at 66.45 cents per pound, July closed 574 points 
higher at 60.88 cents per pound and August closed 396 points higher at 56.30 cents 
per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 16.40 to 
26.40 higher from 411.80-423.80, the basis was from 15.00 to 3.00 under the July 
Soybean Meal futures. Linseed Meal, 34 pct protein was 25.00 higher at 325.00 with 
limited trade in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 
pct protein was 10.00 higher from 260.00-265.00 in the North Dakota-Minnesota area. 
Canola Meal was 16.40 higher from 341.80-366.80, the basis was steady from 85.00 to 
60.00 under the July Soybean Meal futures. Soybean Oil in Minnesota was 813 to 863 
points higher from 86.45-86.95 cents per pound, the basis was 2000 to 2050 points 
over the May Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady to 10.00 lower from 290.00-
370.00; Pork was steady to 20.00 lower from 350.00-405.00. Yellow Grease was steady 
to 400 points higher from 37.00-44.00 cents per pound. Choice White Grease was steady 
to 200 points lower from 46.00-49.00 cents per pound. Feather Meal was 50.00 to 60.00 
lower from 400.00-475.00, with an instance of 650.00. Ruminant Blood Meal was steady 
to 25.00 lower from 950.00-1025.00; Pork was steady from 1000.00-1075.00.

Millfeeds:
  Wheat Middlings were from 110.00-120.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct (T)    411.80-423.80   395.40-397.40   288.40-293.40          
Linseed Meal, 34 pct          325.00          300.00          220.00-285.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                260.00-265.00   250.00-255.00   170.00-200.00
Canola Meal, 36 pct protein   341.80-366.80   325.40-350.40   223.40-248.40 
Soybean Crude Oil,  
 Cents per pound              86.45-86.95     78.32           24.77-25.30
Meat and Bone Meal, 50 pct    290.00-370.00   290.00-380.00   325.00-400.00
Feather Meal, 80 pct          400.00-475.00   450.00-535.00   325.00-400.00
Yellow Grease, 
   Cents per pound            37.00-44.00     37.00-40.00     21.00-28.50  
Choice White Grease
   Cents per pound            46.00-49.00     46.00-51.00     24.00-29.00  
Wheat Middlings               110.00-120.00   130.00-150.00   95.00-110.00

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