Minneapolis Weekly Feedstuffs Report USDA - Tue Nov 24, 8:21PM UTC MS_GR215
Minneapolis, MN Tue Nov 24, 2020 USDA Market News
Minnesota Feedstuffs - Prices for the week ending Tuesday, November 24, 2020
**All prices are quoted per ton, unless otherwise noted. **
Oilseed and Animal feedstuffs were steady to higher this week
Oilseeds:
The December Soybean Meal futures closed 2.50 higher at 398.30, January closed
2.20 higher at 396.90 and March closed 4.60 higher at 396.00. The December Soybean
Oil futures closed 56 points higher at 38.06 cents per pound, January closed 41
points higher at 37.72 cents per pound and March closed 57 points higher at 37.61
cents per pound. The Truck delivery of high protein Soybean Meal in Minnesota was
2.50 higher from 386.30-394.30, the basis was from 12.00 to 4.00 under the December
Soybean Meal futures. Linseed Meal, 34 pct protein was steady to 25.00 higher from
250.00-275.00 in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34
pct protein was steady from 200.00-250.00 in the North Dakota-Minnesota area. Canola
Meal was 17.80 to 22.80 lower from 276.90-306.90, the basis was 120 to 90 under the
January Soybean Meal futures. Soybean Oil in Minnesota was 6 to 56 points higher from
38.06-39.06 cents per pound, the basis was steady from 0 to 100 points over the
December Soybean Oil futures.
Animal Protein:
Meat and Bone Meal, 50 pct protein was steady from 220.00-300.00; Pork was
steady from 255.00-325.00. Yellow Grease was steady to 50 points higher from 22.50-
24.50 cents per pound. Choice White Grease was at 27.00 cents per pound with limited
trade. Feather Meal was steady to 25.00 lower from 340.00-400.00. Ruminant Blood Meal
was from 800.00-900.00; Pork was at 950.00 with limited trade.
Millfeeds:
Wheat Middlings were steady from 90.00-130.00
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) 386.30-394.30 383.80-391.80 274.10-275.10
Linseed Meal, 34 pct 250.00-275.00 250.00 230.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
13 pct fiber 200.00-250.00 200.00-250.00 160.00-170.00
Canola Meal, 36 pct protein 276.90-306.90 294.70-329.70 182.70-202.10
Soybean Crude Oil,
Cents per pound 38.06-39.06 38.00-38.50 29.72-30.72
Meat and Bone Meal, 50 pct 220.00-300.00 220.00-300.00 180.00-205.00
Feather Meal, 80 pct 340.00-400.00 340.00-425.00 350.00-400.00
Yellow Grease,
Cents per pound 22.50-24.50 22.50-24.00 19.50-24.50
Choice White Grease
Cents per pound 27.00 ltd 25.00-27.00 20.00-25.25
Wheat Middlings 90.00-130.00 90.00-130.00 115.00-150.00
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
|