Minneapolis, MN Wed, Dec 05, 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
December 04, were mixed. Soybean Meal was 1.00 to 11.00 higher. Cottonseed Meal
was 23.00 lower to 2.00 higher, mostly 15.00 to 20.00 lower. Whole Cottonseed
was 1.00 to 10.00 higher. Canola Meal was 8.00 to 11.00 higher. Linseed Meal
was 5.00 to 25.00 higher. Sunflower Meal was steady to 5.00 lower. Crude
Soybean Oil was 56 points lower to 17 points higher, mostly 38 points lower.
Crude Corn Oil was steady. Meat and Bone Meal was 15.00 to 65.00 lower. Blood
Meal was steady to 45.00 lower. Feather Meal was steady. Fish Meal was 5.00
lower to 30.00 higher. Corn Hominy was steady to 15.00 lower. Corn Gluten Feed
was steady to 10.00 lower, mostly steady. Corn Gluten Meal was steady to 20.00
lower. Distillers Dried Grains were 5.00 lower to 13.00 higher, mostly steady to
10.00 higher. Middlings were 5.00 lower to 38.00 higher.
OILSEEDS: On Tuesday, December 04, the December Soybean Meal futures closed 8.50
higher at 447.80; January closed 6.90 higher at 440.30; March closed at 433.10.
The December Soybean Oil futures closed 38 points lower at 49.74 cents per
pound; January closed 35 points lower at 50.06 cents per pound; March closed at
50.54 cents per pound. Offers of high protein Soybean Meal in Central Illinois
were 8.50 higher from 462.80-472.80; Iowa was 2.00 to 6.00 higher from 446.30-
453.30; Kansas City was 5.00 to 6.00 higher from 452.30-455.30; Minneapolis was
6.50 to 8.00 higher from 445.80-452.30; St. Louis was 10.00 to 11.00 higher from
480.00-505.00; Memphis was 2.90 higher at 468.60; Portland was 1.00 to 7.50
higher from 494.80-505.30; BN Santa Fe delivered Chino Valley was steady to 5.00
higher from 494.30-507.30; Union Pacific delivered Chino Valley was steady to
2.50 lower from 494.30-495.80. Cottonseed Meal FOB the Central San Joaquin
Valley in California was steady to 2.00 higher with offers from 355.00-365.00;
Kansas City was 20.00 to 23.00 lower from 380.00-385.00; St. Louis was 15.00
lower from 375.00-390.00; Memphis was 15.00 to 20.00 lower from 350.00-365.00.
Whole Cottonseed FOB the Central San Joaquin Valley in California was 2.00
higher with sales at 392.00; delivered to Portland was 1.00 to 4.00 higher from
389.00-390.00; Memphis was 10.00 higher at 290.00. Offers for nearby delivered
Canola Meal, 34 to 36 percent protein, delivered to Portland was 8.00 to 11.00
higher from 335.30-343.00. Linseed Meal, 34 pct protein was 5.00 to 25.00
higher from 310.00-315.00 in the North Dakota-Minnesota area. Sunflower Meal, 23
pct fiber, 28 pct protein was steady to 5.00 lower at 265.00 in the North
Dakota-Minnesota area. The Soybean Oil in Central Illinois was 38 points lower
from 46.74-47.49 cents per pound; Iowa was 38 points lower to 17 points higher
from 47.54-48.24 cents per pound; Minnesota was 38 to 56 points lower from
47.06-48.24 cents per pound. Crude Corn Oil in Central Illinois was steady from
51.00-52.00 cents per pound.
ANIMAL PROTEINS: Meat and Bone Meal in the Central U.S. was 27.00 to 45.00 lower
from 325.00-345.00; Pork ranged 390.00-422.00; FOB the Texas Panhandle was 33.00
65.00 lower from 315.00-325.00 in early trade; Minneapolis was 15.00 lower to
20.00 higher from 350.00-380.00, pork ranged 420.00-430.00; St. Louis was 45.00
lower from 325.00-375.00 for ruminant; Pork ranged 400.00-430.00; Portland FOB
production points was steady to 25.00 lower from 400.00-410.00; FOB Central and
Northern California was 20.00 to 55.00 lower from 340.00-370.00; FOB Los Angeles
was 20.00 lower at 340.00. Blood Meal in the Central U.S. had no quote; Pork
was 1020.00; FOB the Texas Panhandle was 45.00 lower at 980.00; Minneapolis was
steady to 35.00 lower from 985.00-1000.00; delivered to the San Joaquin Valley
was steady at 1025.00. Feather Meal in Kansas City was steady at 625.00;
Minneapolis was steady from 600.00-660.00; Arkansas was steady at 600.00;
Mississippi was also steady at 600.00. Menhaden Fish Meal was steady to 10.00
lower from 1395.00-1410.00 in the Gulf Coast for both FAQ and Select qualities.
The East Coast was steady to 30.00 higher from 1395.00-1450.00 for both the FAQ
and Select qualities.
CORN FEEDS: Yellow Corn Hominy in Central Illinois was 15.00 lower at 200.00;
Kansas City (Northwest) was steady at 260.00; St. Louis was not available; rail
delivered California was steady to 1.00 higher with offers from 310.00-316.00.
Corn Gluten Feed in the Midwest (IA, IL, IN) was steady from 190.00-220.00;
Kansas City was steady from 245.00-265.00; St. Louis was steady to 10.00 lower
from 200.00-215.00. Corn Gluten Meal, 60 percent protein in the Midwest (IA, IL,
IN) was steady from 630.00-730.00; Kansas City was steady to 20.00 lower from
785.00-810.00; St. Louis was 10.00 lower from 700.00-715.00; Memphis was 20.00
lower at 690.00. Distillers Dried Grain prices in Eastern Corn-belt were 5.00
higher from 250.00-270.00; Chicago area was steady to 5.00 lower at 255.00;
Lawrenceburg, IN was not available; Nebraska was steady to 2.50 higher from
270.00-302.00; Minnesota was 2.00 to 5.00 higher from 245.00-250.00; Kansas was
steady to 5.00 higher from 280.00-295.00; Iowa was steady to 5.00 higher from
250.00-278.00; Northern Missouri was 5.00 to 13.00 higher from 260.00-268.00;
St. Louis was steady to 10.00 higher from 265.00-290.00; Wisconsin was steady to
5.00 higher from 250.00-265.00; rail delivered California was steady to 2.00
higher with offers from 319.00-321.00.
WHEAT MILLFEEDS: Wheat Middlings in Buffalo, NY was steady to 10.00 higher from
200.00-210.00; Kansas City was 15.00 higher from 210.00-215.00; Minneapolis was
steady to 5.00 lower from 210.00-225.00; St. Louis was 25.00 to 28.00 higher
from 218.00-235.00; Memphis was 30.00 higher at 255.00. 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 was 2.00 lower
to 3.00 higher with offers from 245.00-270.00.
OTHERS: Offers for rice bran was mixed, mostly steady; millfeed was steady;
hulls were steady to 10.00 higher. Alfalfa Meal was steady to 10.00 higher
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