MS_GR215    

Minneapolis, MN         Tue June 29, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, June 29, 2021
**All prices are quoted per ton, unless otherwise noted. **


Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
       The July Soybean Meal futures closed 14.90 lower at 348.40, August closed 12.90 
lower at 350.40 and September closed 12.60 lower at 351.70. The July Soybean Oil 
futures closed 348 points higher at 64.15 cents per pound, August closed 324 points 
higher at 62.16 cents per pound and September closed 331 points higher at 61.81 cents 
per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 12.90 to 
14.90 lower from 328.40-335.40, the basis was from 22.00 to 15.00 under the August 
Soybean Meal futures. Linseed Meal, 34 pct protein was 40.00 to 50.00 lower at 250.00 
with limited trade in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 
34 pct protein was 20.00 to 30.00 lower from 200.00-220.00 in the North Dakota-
Minnesota area. Canola Meal was 7.90 to 17.90 lower from 265.40-280.40, the basis was 
from 85.00 to 70.00 under the August Soybean Meal futures. Soybean Oil in Minnesota 
was 348 points higher from 84.15-92.65 cents per pound, the basis was steady from 
2000 to 2850 points over the July Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady from 320.00-385.00; Pork was 
mixed, 5.00 lower to 5.00 higher from 340.00-455.00. Yellow Grease was steady from 
43.00-48.00 cents per pound. Choice White Grease was steady from 52.00-56.00 cents 
per pound. Feather Meal was steady from 450.00-510.00, with an instance of 625.00. 
Ruminant Blood Meal was steady from 950.00-1025.00; Pork was steady from 1000.00-
1025.00.

Millfeeds:
  Wheat Middlings were 5.00 to 10.00 higher from 150.00-200.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct (T)    328.40-335.40   343.30-348.30   271.70-275.70          
Linseed Meal, 34 pct          250.00 ltd      290.00-300.00   No Quote
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                200.00-220.00   220.00-250.00   170.00-220.00
Canola Meal, 36 pct protein   265.40-280.40   273.30-298.30   224.70-234.70 
Soybean Crude Oil,  
 Cents per pound              84.15-92.65     80.67-89.17     27.64-28.14
Meat and Bone Meal, 50 pct    320.00-385.00   320.00-385.00   140.00-200.00
Feather Meal, 80 pct          450.00-510.00   450.00-510.00   235.00-290.00
Yellow Grease, 
   Cents per pound            43.00-48.00     43.00-48.00     15.00-18.50  
Choice White Grease
   Cents per pound            52.00-56.00     52.00-56.00     Not Established
Wheat Middlings               150.00-200.00   145.00-190.00   65.00-80.00   

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