USDA Market Report

MS_GR215  

Minneapolis, MN         Tue February 1, 2022          USDA Market News

NOTICE: Starting the week of February 7, 2022, all feedstuff market information found 
on this report will be condensed into three national feedstuff reports released on a 
weekly basis. The reports will be titled "National Animal By-Product Feedstuffs," 
"Grain and Oilseed Processor Feedstuff," and "Mill-Feeds and Miscellaneous 
Feedstuff." The data will be collected and disseminated through AMS's Marketing 
Analysis and Reporting Services (MARS) platform allowing for greater ease of data 
consumption, analysis, and visualization. The new reports can be accessed on the AMS 
website at: https://www.ams.usda.gov/market-news/feedstuffs-reports . For data and 
archive reports please view our my market news page 
at https://mymarketnews.ams.usda.gov/

Minnesota Feedstuffs - Prices for the week ending Tuesday, February 1, 2022
**All prices are quoted per ton, unless otherwise noted. **


Oilseed and Animal feedstuffs were mixed this week 

Oilseeds:
       The March Soybean Meal futures closed 44.00 higher at 436.00 and May closed 
42.20 higher at 433.50. The March Soybean Oil futures closed 332 points higher at 
65.83 cents per pound and May closed 316 points higher at 65.76 cents per pound. The 
Truck delivery of high protein Soybean Meal in Minnesota was 42.00-46.00 higher from 
426.00-436.00, the basis was mixed, 2.00 lower to 2.00 higher from 10.00 under to 
option (0) the March Soybean Meal futures. Linseed Meal, 34 pct protein was steady to 
10.00 higher from 325.00-350.00 in the North Dakota-Minnesota area. Sunflower Meal, 
13 pct fiber, 34 pct protein was steady from 300.00-310.00 in the North Dakota-
Minnesota area. Canola Meal was 39.00 to 44.00 higher from 376.00-401.00 the basis 
was steady to 5.00 lower from 60.00 to 35.00 under the March Soybean Meal futures. 
Soybean Oil in Minnesota was 332 points higher from 75.33-75.83 cents per pound, the 
basis was steady from 950 to 1000 points over the March Soybean Oil futures.

Animal Protein: 
       Meat and Bone Meal, 50 pct protein was 30.00 to 40.00 higher from 250.00-
300.00; Pork was 130.00 to 140.00 higher from 350.00-400.00. Yellow Grease was 500 to 
600 points higher from 50.00-55.00 cents per pound. Choice White Grease was 300 to 
1000 points higher from 60.00-63.00 cents per pound. Feather Meal was 25.00 to 50.00 
higher from 525.00-575.00. Ruminant Blood Meal was steady to 50.00 higher from 
750.00-850.00; Pork was 100.00 to 150.00 higher at 900.00.

Millfeeds:
  Wheat Middlings was steady to 7.00 higher from 145.00-160.00.

Bids/Offers prices are FOB, bulk per ton, in carlots unless specified. 
                                
                              This Week       Last Week       Last Year
Soybean Meal, 46.5 pct T)     426.00-436.00   380.00-394.00   418.00-426.00          
Linseed Meal, 34 pct          325.00-350.00   325.00-340.00   280.00
Sunflower Meal, 34 pct protein MN/NDAKOTA
  13 pct fiber                300.00-310.00   300.00-310.00   250.00-320.00
Canola Meal, 36 pct protein   376.00-401.00   332.00-362.00   328.00-363.00 
Soybean Crude Oil,  
 Cents per pound              75.33-75.83     72.01-72.51     45.82-46.32 
Meat and Bone Meal, 50 pct    250.00-300.00   210.00-270.00   300.00-365.00
Feather Meal, 80 pct          525.00-575.00   500.00-525.00   530.00-600.00
Yellow Grease, 
   Cents per pound            50.00-55.00     45.00-49.00     29.00-38.50  
Choice White Grease
   Cents per pound            60.00-63.00     50.00-60.00     34.00-40.00
Wheat Middlings               152.00-160.00   145.00-150.00   120.00-160.00

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