MS_GR215  

Minneapolis, MN         Tue September 21, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, September 21, 2021
**All prices are quoted per ton, unless otherwise noted. **


Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
       The October Soybean Meal futures closed 10 cents lower at 337.90, December 
closed steady at 341.80 and January closed 20 cents lower at 344.40. The October 
Soybean Oil futures closed 142 points lower at 55.32 cents per pound, December closed 
158 points lower at 55.29 cents per pound and January closed 153 points lower at 
55.37 cents per pound. The Truck delivery of high protein Soybean Meal in Minnesota 
was mixed, 10 cents lower to 1.90 higher from 327.90-337.90, the basis was steady to 
2.00 higher from 10.00 under to option the October Soybean Meal futures.  Linseed 
Meal, 34 pct protein was steady from 250.00-270.00 in the North Dakota-Minnesota 
area. Sunflower Meal, 13 pct fiber, 34 pct protein was mixed, 15.00 lower to 5.00 
higher from 200.00-235.00 in the North Dakota-Minnesota area. Canola Meal was 10 
cents to 5.10 lower from 252.90-280.90, the basis was steady to 5.00 lower from 85.00 
to 57.00 under the October Soybean Meal futures. Soybean Oil in Minnesota was 142 
points lower from 75.32-75.82 cents per pound, the basis was steady from 2000 to 2050 
points over the October Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was 30.00 to 45.00 lower from 250.00-330.00; 
Pork was steady to 100.00 lower from 320.00-330.00. Yellow Grease was steady to 200 
points lower from 40.00-46.00 cents per pound. Choice White Grease was 50 to 200 
points lower from 47.50-50.00 cents per pound. Feather Meal was steady from 450.00-
520.00, with an instance of 600.00. Ruminant Blood Meal was steady to 75.00 lower 
from 950.00-1075.00; Pork was 50.00 lower from 1050.00-1150.00.

Millfeeds:
  Wheat Middlings was steady from 130.00-160.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct (T)    327.90-337.90   326.00-338.00   321.00-329.00          
Linseed Meal, 34 pct          250.00-270.00   250.00-270.00   Ltd 200.00   
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                200.00-235.00   215.00-230.00   185.00-200.00
Canola Meal, 36 pct protein   252.90-280.90   258.00-281.00   247.30-282.30 
Soybean Crude Oil,  
 Cents per pound              75.32-75.82     76.74-77.24     34.17-35.17
Meat and Bone Meal, 50 pct    250.00-330.00   280.00-375.00   185.00-200.00
Feather Meal, 80 pct          450.00-520.00   450.00-520.00   300.00-320.00
Yellow Grease, 
   Cents per pound            40.00-46.00     40.00-48.00     21.00-24.00  
Choice White Grease
   Cents per pound            47.50-50.00     48.00-52.00     26.00-28.00    
Wheat Middlings               130.00-160.00   130.00-160.00   90.00-122.00  

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