Minneapolis Weekly Feedstuffs Report
MS_GR215    

Minneapolis, MN         Tue Aug 11, 2020          USDA Market News

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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