STAT Communications Ag Market News

USDA Market Report

MS_GR850 Minneapolis, MN    Wednesday, September 23, 2020        USDA Market News
National Feedstuffs Market Review 

**All prices quoted per ton unless otherwise noted**

The USDA Market News Service reports fed ingredient prices for the week ending 
Tuesday September 22, 2020 were mixed. Soybean Meal was 8.80 to 26.80 higher, mostly 
21.80 higher. Cottonseed Meal was 5.00 to 15.00 higher. Whole Cottonseed was steady 
to 5.00 higher, mostly steady. Canola Meal was mixed, 4.00 lower to 23.00 higher. 
Linseed Meal was steady. Sunflower Meal as steady to 40.00 lower. Crude Soybean Oil 
was 41 to 91 points lower. Crude Corn Oil was steady. Ruminant Meat and Bone Meal was 
steady to 10.00 higher. Ruminant Blood Meal was steady to 25.00 higher. Feather Meal 
was 10.00 to 15.00 higher, mostly 10.00 higher. Yellow Corn Hominy was 3.00 to 7.00 
higher. Corn Gluten Feed was steady to 15.00 higher. Corn Gluten Meal was steady to 
35.00 higher. Distillers Dried Grain were steady to 10.00 higher. Wheat Millfeeds 
were steady to 10.00 higher. Wheat Millrun was steady.

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 Rail delivery of high protein Soybean Meal in Central Illinois 
was 21.70 higher from 332.00-336.00; Indiana-Ohio was 8.80 to 26.80 higher from 
336.00-338.00; Iowa was 21.80 to 24.80 higher from 324.00-341.00; Kansas City was 
21.80 higher at 338.00; Minneapolis truck was 21.80 higher from 321.00-329.00, St. 
Louis was 21.00 higher from 362.00-367.00; Memphis was 25.70 to 26.70 higher from 
341.00-361.00; Portland was 20.00 to 23.70 higher from 381.00-400.00; BN Santa 
Fe/Union Pacific delivered Chino Valley was 20.90 to 23.80 higher from 386.10-396.00. 
Cottonseed Meal FOB the Central San Joaquin Valley in California was 7.00 to 10.00 
higher from 290.00-305.00; Kansas City was 15.00 higher at 300.00; St. Louis was 
15.00 higher at 295.00; Memphis was 5.00 to 15.00 higher from 255.00-265.00. Whole 
Cottonseed FOB the Central San Joaquin Valley in California was steady to 5.00 higher 
from 315.00-330.00; delivered to Portland was steady from 335.00-345.00; Memphis was 
steady at 210.00. Offers for nearby delivered Canola Meal, 34 to 36 percent protein, 
delivered to Portland was 8.80 to 16.70 higher from 298.00-308.00; FOB Central San 
Joaquin Valley truck was steady to 4.00 lower from 320.00-325.00; Minneapolis was 
8.00 to 23.00 higher from 247.30-282.30. 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 North Dakota-
Minnesota area. The Soybean Oil in Central Illinois was 41 points lower from 33.92-
34.42 cents per pound; Indiana-Ohio was 41 to 48 points lower from 34.10-34.42 cents 
per pound; Iowa was 41 points lower from 34.17-35.67 cents per pound; Minnesota was 
41 to 91 points lower from 34.17-35.17 cents per pound. Crude Corn Oil in Central 
Illinois was steady to 200 points higher from 43.00-45.00 cents per pound.

ANIMAL PROTEINS: Ruminant Meat and Bone Meal in the Central U.S. was 5.00 to 10.00 
higher from 225.00-230.00; FOB the Texas Panhandle was at 210.00; Minneapolis was 
steady to 20.00 higher from 185.00-200.00; St. Louis was not available; Portland FOB 
Northwest Plants was steady from 190.00-200.00; FOB Central and Northern California 
was steady with limited trade at 225.00; FOB Los Angeles was steady with limited 
trade at 225.00. Pork Meat and Bone Meal in the Central U.S. was at 195.00; Eastern 
Corn Belt was not available; Minneapolis was steady to 10.00 higher from 220.00-
235.00. St. Louis was not available. Ruminant Blood Meal in the Central U.S. was not 
available; the Texas Panhandle had no quote; Minneapolis was steady to 25.00 higher 
from 525.00-575.00; delivered to the San Joaquin Valley was steady at 750.00 in 
limited trade. Pork Blood Meal in the Central U.S. was mixed, 15.00 lower to 25.00 
higher from 550.00-575.00; Eastern Corn Belt was not available; Minneapolis was 
steady at 600.00. Feather Meal in Kansas City was 10.00 higher from 295.00-310.00; 
Minneapolis was 10.00 to 15.00 higher from 300.00-320.00; Arkansas was 10.00 higher 
from 285.00-295.00; Mississippi was 10.00 higher from 280.00-285.00. 

CORN FEEDS: Yellow Corn Hominy in Central Illinois was 5.00 higher at 100.00 for 
rail, truck was 3.00 higher at 105.00; Kansas City (Northwest) was not available; St. 
Louis was at 108.00; California rail was 7.00 higher at 182.00, truck was 5.00 higher 
at 180.00. Corn Gluten Feed in the Midwest (NE,IA,IL, IN) was steady to 5.00 higher 
110.00-118.00; Kansas City was 5.00 to 10.00 higher from 185.00-190.00; St. Louis was 
15.00 higher at 185.00, California was steady to 10.00 higher from 200.00-210.00. 
Corn Gluten Meal,60 percent protein in the Midwest (IA, IL, IN) was steady from 
390.00-415.00; Kansas City was not available; St. Louis was 30.00 to 35.00 higher 
from 515.00-520.00. Distillers Dried Grain prices in Iowa was 5.00 higher from 
135.00-150.00; Eastern Cornbelt (IL, IN, OH, MI) was 9.00 to 10.00 higher from 
145.00-180.00; Kansas was steady from 115.00-170.00; Minnesota was steady to 5.00 
higher from 135.00-140.00; Nebraska was steady to 2.00 higher from 140.00-171.00; 
Wisconsin was steady to 3.00 higher from 135.00-153.00; South Dakota was 1.00 to 5.00 
higher from 129.00-140.00; Missouri was steady from 158.00-160.00; St. Louis was not 
available; California was 5.00 higher from 205.00-220.00; Pacific Northwest mills 
were 6.00 to 7.00 higher from 215.00-218.00.

WHEAT MILLFEEDS: Wheat Millfeeds in Buffalo, NY was 10.00 higher at 90.00; Kansas 
City was steady to 5.00 higher from 95.00-105.00; Minneapolis truck was steady to 
2.00 higher from 90.00-122.00; St. Louis was steady to 3.00 higher from 115.00-
125.00. Wheat Millrun delivered Portland was steady at 190.00 in limited test; FOB 
Los Angeles mill was steady from 135.00-157.00.

OTHERS: In the south Rice Bran, Millfeed and Rice Hulls were mostly steady.  In 
California, Rice Bran and Rice hulls were steady. Alfalfa Meal prices were steady 
across the nation this past week.

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_GR850.txt
         www.ams.usda.gov/lsmarketNews

0926a   bdp

-- https://www.ams.usda.gov/mnreports/ms_gr850.txt