MS_GR215  

Minneapolis, MN         Tue August 3, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, August 3, 2021
**All prices are quoted per ton, unless otherwise noted. **


Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
       The August Soybean Meal futures closed 11.00 lower at 347.80, September closed 
10.70 lower at 347.50 and October closed 11.20 lower at 346.300. The August Soybean 
Oil futures closed 299 points lower at 63.27 cents per pound, September closed 194 
points lower at 62.45 cents per pound and October closed 134 points lower at 61.98 
cents per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 
8.30 to 11.30 lower from 332.50-340.50, the basis was from 15.00 to 7.00 under the 
September Soybean Meal futures. Linseed Meal, 34 pct protein was 10.00 to 25.00 
higher from 285.00-325.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct 
fiber, 34 pct protein was steady to 50.00 higher from 190.00-300.00 in the North 
Dakota-Minnesota area. Canola Meal was 13.30 to 15.70 lower from 272.50-280.50, the 
basis was ranged 75.00 to 67.00 under the September Soybean Meal futures. Soybean Oil 
in Minnesota was 299 points lower from 83.27-91.77 cents per pound, the basis was 
steady from 2000 to 2850 points over the August Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady to 5.00 lower from 330.00-385.00; 
Pork was steady to 15.00 lower from 425.00-440.00. Yellow Grease was steady from 
44.00-48.00 cents per pound. Choice White Grease was steady to 100 points higher from 
56.00-62.50 cents per pound. Feather Meal was steady to 10.00 higher from 450.00-
510.00, with an instance of 625.00. Ruminant Blood Meal was steady to 25.00 higher 
from 950.00-1050.00; Pork was steady to 25.00 higher from 1075.00-1100.00.

Millfeeds:
  Wheat Middlings were 15.00 to 30.00 lower from 115.00-165.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct (T)    332.50-340.50   343.80-348.80   279.80-285.80          
Linseed Meal, 34 pct          285.00-325.00   275.00-300.00   Ltd 250.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                190.00-300.00   190.00-250.00   200.00-230.00
Canola Meal, 36 pct protein   272.50-280.50   288.20-293.80   210.80-250.80 
Soybean Crude Oil,  
 Cents per pound              83.27-91.77     86.26-94.76     31.53-32.55
Meat and Bone Meal, 50 pct    330.00-385.00   330.00-390.00   150.00-190.00
Feather Meal, 80 pct          450.00-510.00   450.00-500.00   235.00-290.00
Yellow Grease, 
   Cents per pound            44.00-48.00     44.00-48.00     16.00-19.00  
Choice White Grease
   Cents per pound            56.00-62.50     56.00-61.50     21.50-23.50    
Wheat Middlings               115.00-165.00   145.00-180.00   85.00-112.00  

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