MS_GR215 Minneapolis, MN Tue Aug 11, 2020 USDA Market News NOTICE: As Market News transitions reports to the MARS platform and My Market News, report formats will be converted from a text version to a more user-friendly and accessible PDF format. In the next few weeks, this report will move to the new platform and will be accessible at: https://www.ams.usda.gov/mnreports/AMS_3040.pdf If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov Minnesota Feedstuffs - Prices for the week ending Tuesday, August 11, 2020 **All prices are quoted per ton, unless otherwise noted. ** Oilseed and Animal feedstuffs were mostly lower this week Oilseeds: The August Soybean Meal futures closed 1.70 lower at 282.00, the September closed 1.70 lower at 284.10 and October closed 1.90 lower at 285.90. The August Soybean Oil futures closed 47 points lower at 31.06 cents per pound, September closed 43 points lower at 30.62 cents per pound and October closed 44 points lower at 30.46 cents per pound. The Truck delivery of high protein Soybean Meal in Minnesota was 1.70 lower from 278.10-284.10, the basis was from 6.00 to 0.00 under the September Soybean Meal futures. Linseed Meal, 34 pct protein was steady at 250.00 in a limited test in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was steady from 200.00-230.00 in the North Dakota-Minnesota area. Canola Meal was 1.70 lower to from 209.10-249.10, the basis ranged 75.00 to 35.00 under the September Soybean Meal futures. Soybean Oil in Minnesota was 41 to 43 points lower from 31.12- 32.12 cents per pound, the basis was from 50 to 150 points over the September Soybean Oil futures. Animal Protein: Meat and Bone Meal, 50 pct protein was 10.00 higher from 160.00-200.00; Pork was steady to 20.00 lower from 180.00-225.00. Yellow Grease was steady to 500 points higher from 16.00-24.00 cents per pound. Choice White Grease was 100 to 200 points higher from 22.50 to 25.50 cents per pound. Feather Meal was mixed 10.00 lower to 5.00 higher from 240.00-280.00, with an instance of 350.00. Ruminant Blood Meal was 25.00 to 40.00 higher from 440.00-575.00; Pork was from 575.00-600.00. Millfeeds: Wheat Middlings was steady to 7.00 lower from 75.00-105.00 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) 278.10-284.10 279.80-285.80 271-20-274.20 Linseed Meal, 34 pct Ltd 250.00 Ltd 250.00 225.00-255.00 Sunflower Meal, 34 pct protein MN/NDAKOTA 13 pct fiber 200.00-230.00 200.00-230.00 140.00-145.00 Canola Meal, 36 pct protein 209.10-249.10 210.80-250.80 204.20-224.20 Soybean Crude Oil, Cents per pound 31.12-32.12 31.53-32.55 29.17-30.42 Meat and Bone Meal, 50 pct 160.00-200.00 150.00-190.00 200.00-225.00 Feather Meal, 80 pct 240.00-280.00 235.00-290.00 300.00-370.00 Yellow Grease, Cents per pound 16.00-24.00 16.00-19.00 25.75-26.75 Choice White Grease Cents per pound 22.50-25.50 21.50-23.50 28.00-29.00 Wheat Middlings 75.00-105.00 75.00-112.00 85.00-110.00 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
Minneapolis Weekly Feedstuffs Report