National Feedstuffs Market Review

2/28/2013 3:00 PM

MS_GR850
Minneapolis, MN Wed, Feb 27, 2013 USDA Market News
National Feedstuffs Market Review
**All prices quoted per ton unless otherwise noted**
The USDA Market News Service reports feed ingredient prices for the week ending
February 26, were mixed. Soybean Meal was 1.60 lower to 3.40 higher. Cottonseed
Meal was 14.00 lower to 5.00 higher. Whole Cottonseed was steady to 3.00 lower.
Canola Meal was steady to 0.60 lower. Linseed Meal was steady to 15.00 higher.
Sunflower Meal was 5.00 lower. Crude Soybean Oil was 289 to 341 points lower.
Crude Corn Oil was 300 points lower. Meat and Bone Meal was mostly 10.00 lower
to 20.00 higher. Blood Meal was steady to 50.00 higher. Feather Meal was steady
to 55.00 higher. Fishmeal was steady. Corn Hominy was 11.00 lower to 5.00
higher. Corn Gluten Feed was 5.00 lower to 10.00 higher. Corn Gluten Meal was
5.00 lower to 20.00 higher mostly steady to 20.00 higher. Distillers Dried
Grains were 9.00 lower to 5.00 higher. Wheat Middlings were 11.00 lower to
40.00 higher, mostly steady to 5.00 lower.
OILSEEDS: On Tuesday, February 26 the March Soybean Meal futures closed 2.40
higher at 427.70; May closed 2.100 higher at 426.60; July closed at 420.30. The
March Soybean Oil futures closed 351 points lower at 49.02 cents per pound; May
closed 351 points lower at 49.39 cents per pound; July closed at 49.73. Offers
of high protein Soybean Meal in Central Illinois were 1.60 lower to 0.40 higher
from 437.70-442.70; Iowa was 0.40 to 1.40 higher from 420.70-430.70; Kansas City
was 2.40 higher from 428.70-435.70; Minneapolis was 0.40 to 2.40 higher from
417.70-427.70; St. Louis was 10.00 to 25.00 higher from 471.00-479.00; Memphis
was 5.20 higher at 455.60; Portland was 2.40 to 3.40 higher from 467.70-486.70;
BN Santa Fe delivered Chino Valley was 1.60 lower to 1.40 higher from 471.70-
478.70; Union Pacific delivered Chino Valley was 1.60 lower to 1.40 higher from
471.70-478.70. Cottonseed Meal FOB the Central San Joaquin Valley in California
was steady to 14.00 lower with offers from 350.00-375.00; Kansas City was steady
to 5.00 higher from 305.00-320.00; St. Louis was steady to 5.00 lower from
300.00-310.00; Memphis was steady to 5.00 lower from 270.00-280.00. Whole
Cottonseed FOB the Central San Joaquin Valley in California was steady with
offers from 385.00-390.00; delivered to Portland was steady from 375.00-380.00;
Memphis was 3.00 lower at 282.00. Offers for nearby delivered Canola Meal, 34
to 36 percent protein, delivered to Portland was steady to 60 cents lower from
355.70-362.00. Linseed Meal, 34 pct protein was steady to 15.00 higher from
300.00-315.00 in the North Dakota-Minnesota area. Sunflower Meal, 23 pct fiber,
28 pct protein was 5.00 lower from 230.00-235.00 in the North Dakota-Minnesota
area. The Soybean Oil in Central Illinois was 301 to 341 points lower from
46.62-47.77 cents per pound; Iowa was 301 to 326 points lower from 47.57-47.77
cents per pound; Minnesota was 289 to 341 points lower from 47.89-48.14 cents
per pound. Crude Corn Oil in Central Illinois was 300 points lower from 49.00-
50.00 cents per pound.
ANIMAL PROTEINS: Meat and Bone Meal in the Central U.S. was 2.00 to 5.00 lower
at 415.00 early; Pork ranged 482.00-540.00; FOB the Texas Panhandle was 32.00 to
67.00 higher from 425.00-465.00; Minneapolis was 5.00 to 15.00 higher from
400.00-455.00, pork ranged 500.00-520.00; St. Louis was 10.00 lower to 20.00
higher from 430.00-440.00 for ruminant; Pork ranged 455.00-500.00; Portland FOB
production points was 40.00 to 79.00 higher from 425.00-464.00; FOB Central and
Northern California was steady from 365.00-370.00; FOB Los Angeles was steady at
365.00. Blood Meal in the Central U.S. was 1150.00; Pork ranged 1050.00-1100.00
early ; FOB the Texas Panhandle was 1125.00 early; Minneapolis was steady to
50.00 higher at 1100.00; delivered to the San Joaquin Valley was steady at
1125.00. Feather Meal in Kansas City was 20.00 to 55.00 higher from 720.00-
740.00; Minneapolis was steady to 35.00 higher from 725.00-785.00; Arkansas was
25.00 to 35.00 higher from 700.00-720.00; Mississippi was also 25.00 to 35.00
higher from 700.00-720.00. Menhaden Fish Meal was steady from 1475.00-1525.00 in
the Gulf Coast for both FAQ and Select qualities. The East Coast was steady at
1525.00 for both the FAQ and Select qualities.
CORN FEEDS: Yellow Corn Hominy in Central Illinois was 5.00 higher at 220.00;
Kansas City (Northwest) was steady at 240.00; St. Louis was 11.00 lower at
252.00; rail delivered California was 2.00 to 12.00 lower with offers from
298.00-300.00. Corn Gluten Feed in the Midwest (IA, IL, IN) was steady to 5.00
lower from 190.00-233.00; Kansas City was steady from 250.00-270.00; St. Louis
was 5.00 to 10.00 higher from 215.00-228.00. Corn Gluten Meal, 60 percent
protein in the Midwest (IA, IL, IN) was steady to 15.00 higher from 550.00-
635.00; Kansas City was steady at 690.00; St. Louis was steady to 5.00 lower
from 580.00-650.00; Memphis was 20.00 higher at 610.00. Distillers Dried Grain
prices in Eastern Corn-belt were 5.00 lower to 2.00 higher from 262.00-280.00;
Chicago area was steady to 5.00 higher from 265.00-270.00; Lawrenceburg, IN was
not available; Nebraska was 5.00 lower from 265.00-290.00; Minnesota was 2.00
lower to 2.00 higher from 250.00-258.00; Kansas was steady from 283.00-295.00;
Iowa was steady to 3.00 higher from 258.00-270.00; Northern Missouri was steady
at 275.00; St. Louis was steady to 5.00 lower from 270.00-290.00; Wisconsin was
2.00 to 5.00 higher from 260.00-275.00; rail delivered California was 2.50 to
9.00 lower with offers from 311.00-322.50.
WHEAT MILLFEEDS: Wheat Middlings in Buffalo, NY was 15.00 to 40.00 higher from
215.00-220.00; Kansas City was steady to 5.00 lower from 190.00-195.00;
Minneapolis was steady to 5.00 lower from 215.00-235.00; St. Louis was steady to
5.00 lower from 193.00-230.00; Memphis was not available. Wheat Millrun
delivered Portland was steady at 240.00. Wheat millrun truck delivered FOB
Northern and Central California mills was not available; FOB Los Angeles mill
was 5.00 to 11.00 lower from 235.00-255.00.
OTHERS: Offers for rice bran was mostly steady to 10.00 lower; millfeed was
steady to 50.00 lower; hulls were steady. Alfalfa Meal was steady to 12.00
higher, mostly steady across the nation.
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
www.ams.usda.gov/mnreports/MS_GR850.txt
www.ams.usda.gov/lsmarketNews
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