MS_GR215  
Minneapolis, MN    Tue May 22, 2018           USDA Market News

Minnesota Feedstuffs - Prices for the week ending Tuesday, May 22, 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 4.80 lower at 377.50, Aug closed 2.60 lower 
at 377.50. The July Soybean Oil futures closed 39 points higher at 31.51 cents per 
pound, Aug closed 40 points higher at 31.63 cents per pound. The Rail delivery of 
high protein Soybean Meal in Minnesota was 3.80 to 4.80 lower from 347.50-352.50, the 
basis was 30 to 25 under the July Soybean Meal futures; truck delivery was 3.80 to 
4.80 lower from 347.50-359.50 with the basis 30 to 18 under the July Soybean Meal 
futures. Linseed Meal, 34 pct protein was steady to 5.00 higher from 260.00-280.00 in 
the North Dakota-Minnesota area. Sunflower Meal, 13 pct fiber, 34 pct protein was 
steady to 5.00 lower from 190.00-215.00 in the North Dakota-Minnesota area. Canola 
Meal was 4.80 lower from 272.50-287.50, the basis was steady from 90 to 105 under the 
July Soybean Meal futures. Soybean Oil in Minnesota was 39 points higher from 30.26-
30.76 cents per pound; the basis was steady from 75 to 125 points under the July 
soybean oil futures.

Animal Protein: 
   Meat and Bone Meal, 50 pct protein was steady to 5.00 lower from 285.00-320.00; 
Pork was steady to 10.00 higher from 310.00-330.00. Yellow Grease was 100 to 150 
points higher from 20.50 to 26.00 cents per pound. Choice White Grease was 50 to 150 
points higher from 25.00-27.00 cents per pound. Feather Meal was 5.00 to 35.00 lower 
from 525.00-610.00. Blood Meal ranged from 1000.00-1300.00; Pork was 100.00 to 150.00 
higher from 1300.00-1400.00.

Millfeeds:
   Wheat Middlings were 3.00 to 4.00 lower from 77.00-110.00. 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.
                              May 22, 2018        
                              This Week       Last Week       Last Year    
Soybean Meal, 46.5 pct (T)    347.50-359.50   351.30-357.30   272.30-281.30
Linseed Meal, 34 pct          260.00-280.00   260.00-275.00   275.00-310.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                190.00-215.00   195.00-215.00   135.00-150.00
Canola Meal, 36 pct protein   272.50-287.50   277.30-292.30   206.30-221.30
Soybean Crude Oil, MN
 Cents per pound              30.26-30.76     28.87-30.37     31.34-31.84
Meat and Bone Meal, 50 pct    285.00-320.00   290.00-320.00   225.00-260.00
Feather Meal, 80 pct          525.00-615.00   560.00-615.00   420.00-450.00
Yellow Grease, 
   Cents per pound            20.50-26.00     19.50-24.50     25.00-27.25
Choice White Grease,
   Cents per pound            25.00-27.00     24.50-25.50     27.00-29.00
Wheat Middlings               77.00-110.00    80.00-114.00    48.00-60.00

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