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

Minnesota Feedstuffs - Prices for the week ending Tuesday, March 13, 2018
**All prices are quoted per ton, unless otherwise noted. **

Oilseed feedstuffs were mostly higher, while animal feedstuffs were mostly lower this 
week. Demand and trade remain light to moderate at best.

Oilseeds:
   The May Soybean Meal futures closed 12.50 lower at 375.50, July closed 10.20 lower 
at 377.50. The May Soybean Oil futures closed 26 points lower at 32.22 cents per 
pound, July closed 24 points lower at 32.45 cents per pound. The Truck delivery of 
high protein Soybean Meal in Minnesota was 12.50 to 13.50 lower from 336.50-353.50, 
the basis steady to 1 lower from 22 to 39 under the May futures. Linseed Meal, 34 pct 
protein was steady from 235.00-240.00 in the North Dakota-Minnesota area. Sunflower 
Meal, 13 pct fiber, 34 pct protein was 5.00 lower to 10.00 higher from 185.00-195.00 
in the North Dakota-Minnesota area. Canola Meal was 12.50 to 22.50 lower from 265.50-
275.50, the basis steady to 10 lower from 100 to 110 under the May Soybean Meal 
futures. Soybean Oil in Minnesota was 26 cents lower from 30.97-31.72 cents per 
pound; the basis 50 to 125 points under the May soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein steady to 10.00 higher from 240.00-285.00; Pork 
steady to 20.00 higher from 295.00-330.00. Yellow Grease was steady from 16.00-18.50 
cents per pound. Choice White Grease was steady from 20.00-23.00 cents per pound. 
Feather Meal was steady to 5.00 higher from 435.00-550.00. Blood Meal was steady to 
10.00 higher from 585.00-685.00; Pork was steady to 10.00 higher from 710.00-725.00.

Millfeeds:
   Wheat Middlings were 2.00 to 5.00 lower from 68.00-90.00. 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.
                              March 13, 2018        
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (T)    336.50-353.50   350.00-366.00   285.20-297.20
Linseed Meal, 34 pct          235.00-240.00   235.00-240.00   280.00-320.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                185.00-195.00   175.00-200.00   150.00-155.00
Canola Meal, 36 pct protein   265.50-275.50   278.00-298.00   207.20-212.20
Soybean Crude Oil, MN
 Cents per pound              30.97-31.72     31.23-31.98     30.80-31.55
Meat and Bone Meal, 50 pct    240.00-285.00   240.00-275.00   275.00-300.00
Feather Meal, 80 pct          435.00-550.00   430.00-550.00   470.00-475.00
Yellow Grease, 
   Cents per pound            16.00-18.50     16.00-18.50     23.00-25.00
Choice White Grease,
   Cents per pound            20.00-23.00     20.00-23.00     24.00-25.50
Wheat Middlings               68.00-90.00     70.00-95.00     60.00-80.00

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