Minneapolis Weekly Feedstuffs Report
MS_GR215  
Minneapolis, MN    Tue Feb 13, 2018           USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, February 12, 2018
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and animal feedstuffs were mostly mixed week. Demand and trade remain light 
to moderate at best.

Oilseeds:
   The May Soybean Meal futures closed 31.30 higher at 366.70, July closed at 366.0. 
The March Soybean Oil futures closed 159 points lower at 31.57 cents per pound, May 
closed 157 points lower at 31.78 cents per pound. The Truck delivery of high protein 
Soybean Meal in Minnesota was 32.30 to 34.30 higher from 328.70-344.70, the basis was 
1.00 to 3.00 higher from 22 to 38 under the May futures. Linseed Meal, 34 pct protein 
was steady to 10.00 higher from 220.00-240.00 in the North Dakota-Minnesota area. 
Sunflower Meal, 13 pct fiber, 34 pct protein was steady to 10.00 higher from 175.00-
200.00 in the North Dakota-Minnesota area. Canola Meal had no comparison at 288.70, 
the basis at 78 under the May Soybean Meal futures. Soybean Oil in Minnesota 159 
points lower from 30.57-31.32 cents per pound; the basis steady from 25 to 100 points 
under the March Futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein 10.00 to 20.00 higher from 220.00-255.00; Pork 
had limited trade at 290.00. Yellow Grease was steady to 50 points higher from 16.00-
19.50 cents per pound. Choice White Grease was 50 to 75 points higher from 19.25-
19.50 cents per pound. Feather Meal was steady to 15.00 higher from 415.00-460.00. 
Blood Meal was 40.00 to 45.00 lower from 610.00-665.00; Pork had limited trade at 
675.00.

Millfeeds:
   Wheat Middlings were 10.00 lower from 80.00-100.00. The Sacked Bran had no quote.

Bids/Offers prices are bulk per ton, in carlots unless specified. Animal ingredients 
are delivered MPLS, other ingredients are FOB.
                              February 13, 2018        
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (T)    328.70-344.70   296.40-310.40   299.50-305.50
Linseed Meal, 34 pct          220.00-240.00   220.00-230.00   275.00-320.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                175.00-200.00   165.00-200.00   150.00-175.00
Canola Meal, 36 pct protein   288.70          221.70-241.70   219.50   
Soybean Crude Oil, MN
 Cents per pound              30.57-31.32     32.16-32.91     32.64-33.39
Meat and Bone Meal, 50 pct    220.00-255.00   210.00-235.00   275.00-300.00
Feather Meal, 80 pct          415.00-460.00   415.00-445.00   490.00-540.00
Yellow Grease, 
   Cents per pound            16.00-19.50     16.00-19.00     22.50-24.50
Choice White Grease,
   Cents per pound            19.25-19.50     18.50-19.00     24.00-25.50
Wheat Middlings               80.00-100.00    90.00-110.00    48.00-73.00

Mource:  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