Minneapolis Weekly Feedstuffs Report
USDA - Tue Sep 10, 10:13AM CDT
MS_GR215  
Minneapolis, MN    Tue September 10, 2019             USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, September 10, 2019
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
   The September Soybean Meal futures closed 4.90 higher at 292.90, October closed 
3.90 higher at 294.30 and December closed 4.00 higher at 298.10. The September 
Soybean Oil futures closed 49 points lower at 28.38 centers per pound, the October 
Soybean Oil futures closed 59 points lower at 28.35 cents per pound and December 
closed 56 points lower at 28.53 cents per pound.  The Rail delivery of high protein 
Soybean Meal in Minnesota was 3.90 to 5.90 higher at 269.30, the basis was 25.00 
under the October Soybean Meal futures. Linseed Meal, 34 pct protein was 5.00 to 
10.00 higher from 220.00-250.00 in the North Dakota-Minnesota area. Sunflower Meal, 
13 pct fiber, 34 pct protein was mixed, 10.00 lower to 5.00 higher from 135.00-145.00 
in the North Dakota-Minnesota area. Canola Meal was 3.90 higher from 204.30-224.30 
with the basis steady from 90.00 to 70.00 under the October Soybean Meal futures. 
Soybean Oil in Minnesota was 52 to 59 points lower from 28.35-29.60 cents per pound, 
the basis ranged from 0 to 125 points over the October soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady to 5.00 higher from 200.00-230.00; 
Pork was steady from 240.00-255.00. Yellow Grease was steady to 50 points lower from 
22.50-23.50 cents per pound. Choice White Grease was 50 to 100 points higher from 
26.00-27.00 cents per pound. Feather Meal was steady from 325.00-400.00. Ruminant 
Blood Meal was steady to 25.00 higher from 575.00-675.00; Pork was steady from 
670.00-725.00.

Millfeeds:
  Wheat Middlings were steady from 90.00-105.00.

Bids/Offers prices are bulk per ton, in carlots unless specified. 
Animal ingredients are delivered MPLS, other ingredients are FOB.
                                      
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (R)    269.30          263.40-265.40   289.20-304.20
Linseed Meal, 34 pct          220.00-250.00   215.00-240.00   240.00       
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                135.00-145.00   130.00-155.00   150.00       
Canola Meal, 36 pct protein 
                              204.30-224.30   200.40-220.40   214.20-219.20
Soybean Crude Oil,  
 Cents per pound              28.35-29.60     28.94-30.12     28.32-28.58
Meat and Bone Meal, 50 pct    200.00-230.00   200.00-225.00   210.00-240.00
Feather Meal, 80 pct          325.00-400.00   325.00-400.00   400.00-445.00
Yellow Grease, 
   Cents per pound            22.50-23.50     22.50-24.00     20.00-23.00
Choice White Grease,
   Cents per pound            26.00-27.00     25.00-26.50     23.00-26.00
Wheat Middlings               90.00-105.00    90.00-105.00    80.00-120.00 

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