MS_GR215    

Minneapolis, MN         Tue July 13, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, July 13, 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 0.10 higher at 355.10, August closed 0.10 
lower at 356.50 and September closed 1.40 lower at 356.90. The July Soybean Oil 
futures closed 280 points higher at 66.63 cents per pound, August closed 514 points 
higher at 65.54 cents per pound and September closed 471 points higher at 64.31 cents 
per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 4.90 to 
6.90 higher from 341.50-346.50, the basis was 5 to 7 higher from 15.00 to 10.00 under 
the August Soybean Meal futures. Linseed Meal, 34 pct protein was steady at 250.00 
with limited trade in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 
34 pct protein was steady from 190.00-200.00 in the North Dakota-Minnesota area. 
Canola Meal was 0.10 lower from 271.50-291.50, the basis was steady from 85.00 to 
65.00 under the August Soybean Meal futures. Soybean Oil in Minnesota was 280 to 514 
points higher from 86.63-94.04 cents per pound, the basis was from 2000 over the July 
Soybean Oil futures to 2850 points over the August Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady from 340.00-400.00; Pork was 
steady from 340.00-455.00. Yellow Grease was steady from 43.00-48.00 cents per pound. 
Choice White Grease was steady to 200 higher from 56.00-60.00 cents per pound. 
Feather Meal was steady from 450.00-510.00, with an instance of 625.00. Ruminant 
Blood Meal was steady to 25.00 lower from 950.00-1000.00; Pork was steady to 25.00 
higher at 1050.00.

Millfeeds:
  Wheat Middlings were steady to 20.00 higher from 150.00-180.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct (T)    341.50-346.50   334.60-341.60   276.20-279.20          
Linseed Meal, 34 pct          250.00 ltd      250.00 ltd      250.00  
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                190.00-200.00   190.00-200.00   170.00-220.00
Canola Meal, 36 pct protein   271.50-291.50   271.60-291.60   200.30-225.30 
Soybean Crude Oil,  
 Cents per pound              86.63-94.04     83.83-88.90     27.96-29.46
Meat and Bone Meal, 50 pct    340.00-400.00   340.00-400.00   140.00-185.00
Feather Meal, 80 pct          450.00-510.00   450.00-510.00   235.00-250.00
Yellow Grease, 
   Cents per pound            43.00-48.00     43.00-48.00     15.00-17.00  
Choice White Grease
   Cents per pound            56.00-60.00     54.00-60.00     19.50-20.00    
Wheat Middlings               150.00-180.00   130.00-180.00   65.00-85.00   

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