STAT Communications Ag Market News

USDA Market Report

MS_GR215    

Minneapolis, MN         Tue Sep 22, 2020          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, September 22, 2020
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mostly higher this week 

Oilseeds:
       The October Soybean Meal futures closed 23.00 higher at 337.30 and the December 
closed 21.80 higher at 341.00. The October Soybean Oil futures closed 41 points lower 
at 33.67 cents per pound and December closed 55 points lower at 33.60 cents per 
pound. The Truck delivery of high protein Soybean Meal in Minnesota was 21.80 higher 
from 321.00-329.00, the basis ranged 20.00 to 12.00 under the December Soybean Meal 
futures. Linseed Meal, 34 pct protein was steady with limited trade at 200.00 in the 
North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was steady 
to 40.00 lower from 185.00-200.00 in the North Dakota-Minnesota area. Canola Meal was 
8.00 to 23.00 higher from 247.30-282.30, the basis was steady to 15.00 lower from 
90.00 to 55.00 under the October Soybean Meal futures. Soybean Oil in Minnesota was 
41 to 91 points lower from 34.17-35.17 cents per pound, the basis was steady to 50.00 
lower from 50 to 150 points over the October Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady to 20.00 higher from 185.00-
200.00; Pork was steady to 10.00 higher from 220.00-235.00. Yellow Grease was steady 
to 100 points higher from 21.00-24.00 cents per pound. Choice White Grease was steady 
to 50 points higher from 26.00-28.00 cents per pound. Feather Meal was 10.00 to 15.00 
higher from 300.00-320.00. Ruminant Blood Meal was steady to 25.00 higher from 
525.00-575.00; Pork was steady at 600.00.

Millfeeds:
  Wheat Middlings were 10.00 to 15.00 higher from 90.00-120.00

Bids/Offers prices are bulk per ton, in carlots unless specified. 
Animal ingredients are delivered MPL, other ingredients are FOB.
                                
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (T)    321.00-329.00   299.20-307.20   276.20-296.20      
Linseed Meal, 34 pct          Ltd 200.00      Ltd 200.00      200.00-230.00 
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                185.00-200.00   185.00-240.00   145.00-160.00
Canola Meal, 36 pct protein   247.30-282.30   239.30-259.30   199.20-229.20
Soybean Crude Oil,  
 Cents per pound              34.17-35.17     34.58-36.06     29.15     
Meat and Bone Meal, 50 pct    185.00-200.00   165.00-200.00   200.00-250.00
Feather Meal, 80 pct          300.00-320.00   285.00-310.00   415.00-450.00
Yellow Grease, 
   Cents per pound            21.00-24.00     20.00-24.00     20.50-22.50
Choice White Grease
   Cents per pound            26.00-28.00     26.00-27.50     22.50-25.00
Wheat Middlings               90.00-122.00    90.00-120.00    70.00-105.00

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
-- https://www.ams.usda.gov/mnreports/ms_gr215.txt