Minneapolis Weekly Feedstuffs Report
MS_GR215    

Minneapolis, MN         Tue Feb 16, 2021          USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, February 16, 2021
**All prices are quoted per ton, unless otherwise noted. **


Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
       The March Soybean Meal futures closed 10.30 lower at 428.40, May closed 8.70 
lower at 428.90 and July closed 7.50 lower at 425.50. The March Soybean Oil futures 
closed 75 points higher at 47.27 cents per pound, May closed 84 points higher at 
46.61 cents per pound and July closed 85 points higher at 45.82 cents per pound. The 
Truck delivery of high protein Soybean Meal in Minnesota was 5.30 to 10.30 lower from 
418.40-422.40, the basis was steady to 5.00 higher from 10.00 to 6.00 under the March 
Soybean Meal futures. Linseed Meal, 34 pct protein was 20.00 higher at 300.00 with 
limited trade in the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 
pct protein was steady to 30.00 higher from 280.00-320.00 in the North Dakota-
Minnesota area. Canola Meal was 15.30 to 20.30 lower from 323.40-353.40, the basis 
was 5.00 to 10.00 lower from 105.00-75.00 under the March Soybean Meal futures. 
Soybean Oil in Minnesota was 75 points higher from 48.77-49.77 cents per pound, the 
basis was steady from 150-250 points over the March Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was steady from 300.00-365.00; Pork was 
steady from 360.00-410.00. Yellow Grease was steady to 300 points higher from 32.00-
38.50 cents per pound. Choice White Grease was steady to 50 points lower from 35.50-
40.00 cents per pound. Feather Meal was steady from 545.00-600.00. Ruminant Blood 
Meal was steady from 975.00-1075.00; Pork was steady from 1050.00-1150.00.

Millfeeds:
  Wheat Middlings were steady to 5.00 higher from 130.00-160.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (T)    418.40-422.40   423.70-432.70   271.60-275.60      
Linseed Meal, 34 pct          300.00          280.00          250.00-275.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                280.00-320.00   250.00-320.00   170.00-210.00
Canola Meal, 36 pct protein   323.40-353.40   338.70-373.70   182.20-213.60 
Soybean Crude Oil,  
 Cents per pound              48.77-49.77     48.02-49.02     29.98-30.48
Meat and Bone Meal, 50 pct    300.00-365.00   300.00-365.00   150.00-190.00
Feather Meal, 80 pct          545.00-600.00   545.00-600.00   325.00       
Yellow Grease, 
   Cents per pound            32.00-38.50     29.00-38.50     22.50-24.00  
Choice White Grease
   Cents per pound            35.50-40.00     36.00-40.00     26.50-27.50  
Wheat Middlings               130.00-160.00   125.00-160.00   75.00-87.00 

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