Minneapolis, MN Wed, Jul 17, 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
July 16, were mixed. Soybean Meal was 16.00 lower to 65.90 higher, mostly 4.00
to 8.00 higher. Cottonseed Meal was 23.00 lower to 5.00 higher. Whole
Cottonseed was 10.00 lower to 10.00 higher. Canola Meal was 7.80 to 49.90
higher. Linseed Meal was 20.00 to 25.00 lower in both limited trade and
availability. Sunflower Meal was steady. Crude Soybean Oil was 112 to 187
points lower. Crude Corn Oil was steady. Meat and Bone Meal was steady to
45.00 higher. Blood Meal was 25.00 to 100.00 higher. Feather Meal was steady
to 75.00 higher. Fishmeal was 25.00 lower. Corn Hominy was steady to 15.00
higher. Corn Gluten Feed was 15.00 lower to 5.00 higher. Corn Gluten Meal was
steady to 5.00 higher. Distillers Dried Grains were 5.00 lower to 10.00 higher.
Wheat Middlings were 7.00 lower to 5.00 higher.
OILSEEDS: On Tuesday, July 16, the August Soybean Meal futures closed 17.90
higher at 466.80; September closed 15.90 higher at 425.00. The August Soybean
Oil futures closed 185 points lower at 45.71 cents per pound; September closed
96 points lower at 45.68 cents per pound. Offers of high protein Soybean Meal
in Central Illinois were 4.00 to 8.00 higher from 561.80-574.80; Iowa was 4.00
to 8.00 higher from 534.80-556.80; Kansas City was 4.10 to 16.00 lower from
536.80-541.80; Minneapolis was 5.00 lower to 1.90 higher from 536.80-541.80; St.
Louis was 5.00 to 6.00 higher from 577.00-589.00; Memphis was 13.60 lower to
1.40 higher at 567.50; Portland was 15.90 to 65.90 higher from 540.00-603.80; BN
Santa Fe delivered Chino Valley was 0.90 to 7.00 higher from 584.80-605.80;
Union Pacific delivered Chino Valley was 10.00 lower to 0.90 higher from 584.80-
588.80. Cottonseed Meal FOB the Central San Joaquin Valley in California was
steady to 23.00 lower with offers from 350.00-355.00; Kansas City was steady to
5.00 lower from 375.00-385.00; St. Louis was steady to 2.00 higher from 360.00-
375.00; Memphis was 5.00 higher at 345.00. Whole Cottonseed FOB the Central San
Joaquin Valley in California was 10.00 higher with offers from 440.00-443.00;
delivered to Portland was steady to 10.00 lower from 442.00-445.00; Memphis was
steady at 330.00. Offers for nearby delivered Canola Meal, 34 to 36 percent
protein, delivered to Portland was 7.80 to 49.90 higher from 375.00-382.80.
Linseed Meal, 34 pct protein was 20.00 to 25.00 lower with limited offers at
390.00 in the North Dakota-Minnesota area. Sunflower Meal, 23 pct fiber, 28 pct
protein was steady from 240.00-260.00 in the North Dakota-Minnesota area. The
Soybean Oil in Central Illinois was 137 points lower from 44.61-46.46 cents per
pound; Iowa was 112 to 131 points lower from 45.46-46.46 cents per pound;
Minnesota was 137 to 187 points lower from 45.46-46.46 cents per pound. Crude
Corn Oil in Central Illinois was steady from 38.00-40.00 cents per pound.
ANIMAL PROTEINS: Meat and Bone Meal in the Central U.S. was 38.00 to 40.00
higher at 490.00; Pork ranged 590.00-600.00; FOB the Texas Panhandle was 2.00
lower to 3.00 higher from 468.00-473.00; Minneapolis was 25.00 to 45.00 higher
from 475.00-510.00, pork ranged 610.00-635.00; St. Louis was 10.00 to 20.00
higher from 470.00-480.00 for ruminant; Pork ranged 560.00-590.00; Portland FOB
production points was steady at 475.00; FOB Central and Northern California was
steady from 390.00-450.00; FOB Los Angeles was steady from 390.00-450.00. Blood
Meal in the Central U.S. was 1100.00; Pork ranged 1275.00-1280.00; FOB the Texas
Panhandle had no quote; Minneapolis was 25.00 to 100.00 higher from 1100.00-
1225.00; delivered to the San Joaquin Valley was 100.00 higher at 1200.00.
Feather Meal in Kansas City was 25.00 to 50.00 higher from 675.00-700.00;
Minneapolis was steady to 10.00 higher from 600.00-660.00; Arkansas was 17.50 to
45.00 higher from 675.00-685.00; Mississippi was 15.00 to 75.00 higher from
665.00-675.00. Menhaden Fish Meal was 25.00 lower from 1450.00-1475.00 in the
Gulf Coast for both FAQ and Select qualities. The East Coast was 25.00 lower
from 1450.00-1475.00 for both the FAQ and Select qualities.
CORN FEEDS: Yellow Corn Hominy in Central Illinois was 15.00 higher from 195.00;
Kansas City (Northwest) was steady at 220.00; St. Louis was steady at 245.00;
rail delivered California ranged 285.00-288.00. Corn Gluten Feed in the Midwest
(IA, IL, IN) was 5.00 to 15.00 lower from 122.00-155.00; Kansas City was steady
to 5.00 higher from 205.00-210.00; St. Louis was 5.00 lower from 160.00-170.00.
Corn Gluten Meal, 60 percent protein in the Midwest (IA, IL, IN) was steady to
5.00 higher from 575.00-610.00; Kansas City was steady from 670.00-675.00; St.
Louis was steady to 5.00 higher from 610.00-627.00; Memphis was steady at
590.00. Distillers Dried Grain prices in Eastern Corn-belt were steady to 5.00
lower from 230.00-250.00; Chicago area was steady to 5.00 higher at 240.00;
Lawrenceburg, IN was not available; Nebraska was steady to 5.00 lower from
215.00-235.00; Minnesota was steady to 5.00 higher from 215.00-230.00; Kansas
was 5.00 to 10.00 higher from 235.00-250.00; Iowa was steady from 225.00-240.00;
Northern Missouri was steady to 2.00 higher from 222.00-235.00; South Dakota was
steady to 1.00 higher from 209.00-220.00; St. Louis was steady to 5.00 higher
from 230.00-265.00; Wisconsin was steady to 5.00 higher from 230.00-245.00; rail
delivered California was not available.
WHEAT MILLFEEDS: Wheat Middlings in Buffalo, NY was steady from 145.00-160.00;
Kansas City was 1.00 lower from 135.00-146.00; Minneapolis was 2.00 to 5.00
higher from 172.00-185.00; St. Louis steady to 5.00 lower from 160.00-184.00;
Memphis was steady at 190.00. Wheat Millrun delivered Portland was steady at
230.00. Wheat millrun truck delivered FOB Northern and Central California mills
was not available; FOB Los Angeles mill was 2.00 to 7.00 lower from 193.00-
OTHERS: Offers for rice bran were steady; millfeed was steady; hulls were
steady. Alfalfa Meal was steady to 10.00 lower this past week.
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