Minneapolis Weekly Feedstuffs Report
MS_GR215  
Minneapolis, MN    Tue October 22, 2019             USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, October 22, 2019
**All prices are quoted per ton, unless otherwise noted. **

Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
   The December Soybean Meal futures closed 10 cents lower at 306.90 and March closed 
70 cents lower at 313.40. The December Soybean Oil futures closed 46 points higher at 
30.85 centers per pound and March closed 43 points higher at 31.31 cents per pound.  
The Rail delivery of high protein Soybean Meal in Minnesota was 90 cents to 3.90 
lower from 273.90-276.90, the basis was steady to 3.00 lower from 33.00-30.00 under 
the December Soybean Meal futures. Linseed Meal, 34 pct protein was steady to 10.00 
lower from 210.00-235.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct 
fiber, 34 pct protein was mixed, to 5.00 lower to 10.00 higher from 145.00-200.00 in 
the North Dakota-Minnesota area. Canola Meal was 90 cents to 5.90 lower from 206.90-
236.90 with the basis from 100.00 to 70.00 under the December Soybean Meal futures. 
Soybean Oil in Minnesota was 46 points higher from 30.85-32.10 cents per pound, the 
basis ranged 0 (option) to 125 points over the December soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady from 190.00-225.00; Pork ranged from 
170.00-210.00.  Yellow Grease was steady to 50 cents lower from 20.50-21.00 cents per 
pound. Choice White Grease was steady to 75 cents lower from 20.00-21.00 cents per 
pound. Feather Meal was steady from 300.00-340.00. Ruminant Blood Meal was steady 
from 500.00-600.00; Pork had no quote.

Millfeeds:
  Wheat Middlings were 4.00 to 5.00 higher from 92.00-115.00.

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)    273.90-276.90   277.80          275.70-285.70
Linseed Meal, 34 pct          210.00-235.00   220.00-235.00   185.00-205.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                145.00-200.00   150.00-190.00   160.00-170.00
Canola Meal, 36 pct protein 
                              206.90-236.90   212.80-237.80   235.70       
Soybean Crude Oil,  
 Cents per pound              30.85-32.10     30.39-31.64     29.76-30.51
Meat and one Meal, 50 pct     190.00-225.00   190.00-225.00   225.00-255.00
Feather Meal, 80 pct          300.00-340.00   300.00-340.00   400.00-515.00
Yellow Grease, 
   Cents per pound            20.50-21.00     20.50-21.50     18.50-20.00
Choice White Grease,
   Cents per pound            20.00-21.00     20.00-21.75     21.00      
Wheat Middlings               92.00-115.00    88.00-110.00    65.00-90.00 

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