National Feedstuffs Market Review

11/15/2012 3:00 PM

MS_GR850
Minneapolis, MN Wed, Nov 14, 2012 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
November 13, were mixed. Soybean Meal was 33.60 to 45.60 lower. Cottonseed Meal
was 12.00 lower to 20.00 higher. Whole Cottonseed was steady to 10.00 lower.
Canola Meal was 34.00 to 37.60 lower. Linseed Meal was 15.00 to 20.00 lower.
Sunflower Meal was 10.00 lower. Crude Soybean Oil was 103 to 169 points lower.
Crude Corn Oil was 200 to 300 points lower. Meat and Bone Meal was 20.00 lower
to 50.00 higher, mostly steady to 20.00 lower. Blood Meal was steady to 15.00
higher. Feather Meal was steady to 50.00 higher. Fish Meal was steady. Corn
Hominy was steady to 30.00 lower. Corn Gluten Feed was steady to 10.00 lower.
Corn Gluten Meal was 20.00 lower to 10.00 higher, mostly 5.00 to 20.00 lower.
Distillers Dried Grains were 15.00 lower to 10.00 higher, mostly steady to 10.00
lower. Middlings were 30.00 lower to 10.00 higher, mostly steady to 20.00
lower.
OILSEEDS: On Tuesday, November 13, the December Soybean Meal futures closed
39.60 lower at 433.10; December closed 38.80 lower at 428.50. The December
Soybean Oil futures closed 166 points lower at 47.02 cents per pound; January
closed 169 points lower at 47.37 cents per pound. Offers of high protein
Soybean Meal in Central Illinois were 39.60 to 40.60 lower from 448.10-458.10;
Iowa was 39.60 lower from 437.10-445.10; Kansas City was 37.60 to 39.60 lower at
443.10; Minneapolis was 37.60 to 39.60 lower from 433.10-438.10; St. Louis was
7.00 to 15.00 lower from 489.00-516.00; Memphis was 37.60 to 38.60 lower at
463.40; Portland was 33.60 to 45.60 lower from 492.10-498.10; BN Santa Fe
delivered Chino Valley was 37.60 to 39.60 lower from 493.10-500.10; Union
Pacific delivered Chino Valley was 37.60 to 38.60 lower from 493.10-496.10.
Cottonseed Meal FOB the Central San Joaquin Valley in California had offers
10.00 to 12.00 lower from 350.00-363.00; Kansas City was steady from 405.00-
415.00; St. Louis was steady to 20.00 higher from 385.00-420.00; Memphis was
5.00 to 20.00 higher from 375.00-395.00. Whole Cottonseed FOB the Central San
Joaquin Valley in California was steady to 4.00 lower with offers and trades
from 385.00-386.00; delivered to Portland was steady to 10.00 lower at 380.00;
Memphis was 10.00 lower at 255.00. Offers for nearby delivered Canola Meal, 34
to 36 percent protein, delivered to Portland was 34.00 to 37.60 lower from
311.10-338.00. Linseed Meal, 34 pct protein was 15.00 to 20.00 lower from
280.00-310.00 in the North Dakota-Minnesota area. Sunflower Meal, 23 pct fiber,
28 pct protein was 10.00 lower from 265.00-270.00 in the North Dakota-Minnesota
area. The Soybean Oil in Central Illinois was 166 points lower from 44.52-45.27
cents per pound; Iowa was 166 to 169 points lower from 45.52-46.37 cents per
pound; Minnesota was 103 to 128 points lower from 45.40-46.65 cents per pound.
Crude Corn Oil in Central Illinois was 200 to 300 points lower from 51.00-52.00
cents per pound.
ANIMAL PROTEINS: Meat and Bone Meal in the Central U.S. was 5.00 lower to 15.00
higher at 390.00; Pork ranged 414.00-435.00; FOB the Texas Panhandle had no
quote; Minneapolis was steady to 20.00 lower from 380.00-415.00, pork ranged
440.00-445.00; St. Louis was 5.00 to 20.00 lower from 385.00-420.00 for
ruminant; Pork ranged 440.00-470.00; Portland FOB production points was 5.00 to
15.00 lower at 425.00; FOB Central and Northern California was 10.00 to 50.00
higher from 370.00-425.00; FOB Los Angeles was 30.00 lower to 10.00 higher at
370.00. Blood Meal in the Central U.S. was 975.00 in early trade; Pork ranged
970.00-985.00 FOB the Texas Panhandle was 950.00 in early trade; Minneapolis was
steady to 15.00 higher from 980.00-1000.00; delivered to the San Joaquin Valley
was steady at 1000.00. Feather Meal in Kansas City was steady at 550.00;
Minneapolis was 50.00 higher from 600.00-610.00; Arkansas was steady to 10.00
higher from 525.00-585.00; Mississippi was also steady to 10.00 higher from
525.00-585.00. Menhaden Fish Meal was steady from 1395.00-1450.00 in the Gulf
Coast for both FAQ and Select qualities. The East Coast was also steady from
1395.00-1450.00 for both the FAQ and Select qualities.
CORN FEEDS: Yellow Corn Hominy in Central Illinois was 5.00 to 30.00 lower at
230.00; Kansas City (Northwest) was steady at 255.00; St. Louis was steady at
278.00; rail delivered California 3.00 to 15.00 lower with offers from 300.00-
315.00. Corn Gluten Feed in the Midwest (IA, IL, IN) was 2.00 lower from 212.00-
220.00; Kansas City was 5.00 to 10.00 lower from 250.00-275.00; St. Louis was
steady from 220.00-230.00. Corn Gluten Meal, 60 percent protein in the Midwest
(IA, IL, IN) was 20.00 lower to 10.00 higher from 700.00-800.00; Kansas City was
10.00 to 15.00 lower from 845.00-850.00; St. Louis was 5.00 to 13.00 lower from
765.00-780.00; Memphis was 20.00 lower at 750.00. Distillers Dried Grain prices
in Eastern Corn-belt were steady to 5.00 lower from 250.00-275.00; Chicago area
was 10.00 lower to 10.00 higher from 255.00-275.00; Lawrenceburg, IN was not
available; Nebraska was 2.00 to 7.50 higher from 270.00-300.00; Minnesota was
10.00 to 15.00 lower from 235.00-245.00; Kansas was 5.00 to 10.00 lower from
280.00-290.00; Iowa was 5.00 lower from 258.00-275.00; Northern Missouri was
steady at 265.00; St. Louis was steady from 270.00-287.00; Wisconsin was steady
to 5.00 lower from 255.00-265.00; rail delivered California was 7.00 to 18.00
lower from 308.00-311.00.
WHEAT MILFEDS: Wheat Middlings in Buffalo, NY was 30.00 lower to 10.00 higher
from 185.00-235.00; Kansas City was 10.00 lower from 185.00-190.00; Minneapolis
was steady to 5.00 higher from 215.00-235.00; St. Louis was 4.00 to 19.00 lower
from 196.00-201.00; Memphis was 220.00. Wheat Millrun delivered Portland was
steady at 250.00. Wheat millrun truck delivered FOB Northern and Central
California mills was not available; FOB Los Angeles mill door was 9.00 to 16.00
lower from 252.00-270.00.
OTHERS: Offers for rice bran was steady; millfeed was steady; hulls were steady,
to 15.00 lower. Alfalfa Meal was steady to 5.00 lower 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
0900C cam


Is the USDA doing enough to accommodate small-scale direct-marketers of meat?

  • Yes
  • No
  • Unsure

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