Minneapolis, MN Tue Apr 10, 2012 USDA Market News
Minnesota Feedstuffs - Prices for the week ending Tuesday, April 10, 2012
**All prices are quoted per ton, unless otherwise noted.**
Feed ingredient prices were mostly higher. Demand was moderate at best with
the emergence of green pastures.
The May Soybean Meal futures closed 3.10 higher at 389.80; July closed 3.30
higher at 391.40. The May Soybean Oil futures closed 107 points higher at 56.97
cents per pound; July closed 106 points higher at 57.35 cents per pound. The
high protein Soybean Meal in Minnesota was 3.10 to 5.10 higher at 361.10; the
basis was steady to 2.00 higher at 28.00 under the May futures. Linseed Meal, 34
pct protein was 10.00 higher at 255.00 in North Dakota-Minnesota areas.
Sunflower Meal, 13 pct fiber, 34 pct protein was 5.00 higher from 205.00-220.00
in the North Dakota-Minnesota area. Soybean Oil in Minnesota was 107 points
higher from 55.72-56.46 cents per pound; the basis was steady from 50-125 points
under the May futures.
Meat and Bone Meal, 50 pct protein was 25.00 lower to 25.00 higher from
400.00-425.00 for ruminant; Pork ranged 500.00-520.00. Yellow Grease was steady
to 50 points higher from 43.00-44.00 cents per pound. Choice White Grease was 50
to 100 points lower from 47.50-48.50 cents per pound. Feather Meal was 15.00 to
35.00 higher from 460.00-475.00.
Wheat Middlings were 8.00 to 10.00 higher from 130.00-138.00. The Sacked
Bran was steady at 12.75 cwt.
Prices bulk per ton, in carlots. Animal proteins are delivered Mpls. FOB Mpls
and selected markets as of: Apr 10, 2012
This Week Last Week Last Year
Soybean Meal, 46.5 pct 361.80 356.70-358.70 307.40-315.40
Linseed Meal, 34 pct 255.00 245.00 220.00-230.00
Sunflower Meal, 34 pct protein MN/NDAK
13 pct fiber 205.00-220.00 200.00-215.00 190.00-200.00
Soybean Crude Oil, MN
Cents per pound 55.72-56.47 54.65-55.40 55.99-56.24
Meat and Bone Meal, 50 pct 400.00-425.00 375.00-450.00 385.00-405.00
Feather Meal, 80 pct 460.00-475.00 425.00-460.00 560.00-570.00
cents per pound 43.00-44.00 43.00-43.50 46.00-47.00
Choice White Grease,
cents per pound 47.50-48.50 48.00-49.50 52.75-53.50
Wheat Middlings 130.00-138.00 122.00-128.00 152.00-165.00
Source: USDA Market News Service, Minneapolis, MN
Carol Meinders 612-370-3258 Minneapolis.LGMN@ams.usda.gov
24 hour recorded market information 612-370-3260
Minneapolis Weekly Feedstuffs Report
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