Minneapolis Weekly Feedstuffs Report
MS_GR215  
Minneapolis, MN    Tue Jun 12, 2018           USDA Market News

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

Oilseed feedstuffs and animal feedstuffs were mixed this week. Demand moderate for 
all classes.

Oilseeds:
   The July Soybean Meal futures closed 13.80 lower at 353.80, Aug closed 13.80 lower 
at 355.20. The July Soybean Oil futures closed 74 points lower at 30.05 cents per 
pound, Aug closed 72 points lower at 30.19 cents per pound. The Rail delivery of high 
protein Soybean Meal in Minnesota was 13.80 lower from 323.50-328.50, the basis was 
steady from 30.00 to 25.00 under the July Soybean Meal futures. Linseed Meal, 34 pct 
protein was steady to 5.00 lower from 270.00-280.00 in the North Dakota-Minnesota 
area. Sunflower Meal, 13 pct fiber, 34 pct protein was 5.00 to 15.00 lower from 
180.00-185.00 in the North Dakota-Minnesota area. Canola Meal was 13.80 to 18.80 
lower from 243.50-263.50, the basis was steady to 10 lower from 90 to 110 under the 
July Soybean Meal futures. Soybean Oil in Minnesota was 74 points lower from 28.80-
29.05 cents per pound; the basis was steady from 100 to 125 points under the July 
soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady to 10.00 lower from 265.00-320.00; 
Pork was 20.00 to 25.00 higher from 330.00-335.00. Yellow Grease was steady to 25 
points lower from 21.00 to 26.50 cents per pound. Choice White Grease was 50 to 100 
points higher from 26.50-28.00 cents per pound. Feather Meal was steady to 20.00 
higher from 500.00-600.00. Blood Meal was 50.00 to 150.00 lower from 1000.00-1250.00; 
Pork was steady to 50.00 lower at 1350.00.

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.
                              June 12, 2018        
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (T)    323.50-328.50   337.30-342.30   269.50-282.50
Linseed Meal, 34 pct          270.00-280.00   270.00-285.00   270.00-290.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                180.00-185.00   185.00-210.00   135.00-140.00
Canola Meal, 36 pct protein   243.50-263.50   236.30-277.30   211.50-241.50
Soybean Crude Oil, MN
 Cents per pound              28.80-29.05     29.54-29.79     31.09-32.09
Meat and Bone Meal, 50 pct    265.00-320.00   275.00-320.00   260.00-275.00
Feather Meal, 80 pct          500.00-600.00   500.00-580.00   400.00-475.00
Yellow Grease, 
   Cents per pound            21.00-26.50     21.00-26.75     27.50-28.75
Choice White Grease,
   Cents per pound            26.50-28.00     26.00-27.00     29.00-30.50
Wheat Middlings               68.00-90.00     70.00-95.00     52.00-65.00

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