MS_GR850 **TRENDS ARE COMPARED TO 2 WEEKS AGO**
Minneapolis, MN Thu, Jan 03, 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
January 02, were mixed. Soybean Meal was mostly 34.80 to 39.80 lower. Cottonseed
Meal was 5.00 lower to 5.00 higher. Whole Cottonseed was steady to 10.00 lower.
Canola Meal was 5.00 to 31.80 lower. Linseed Meal was 50.00 lower. Sunflower
Meal was 5.00 lower. Crude Soybean Oil was 110 to 160 points higher. Crude Corn
Oil was 100 points higher. Meat and Bone Meal was 15.00 lower to 18.00 higher.
Blood Meal was 75.00 higher in California. Feather Meal was steady to 15.00
lower. Fishmeal was 25.00 lower to 15.00 higher. Corn Hominy was 10.00 lower to
1.00 higher. Corn Gluten Feed was steady to 5.00 lower. Corn Gluten Meal was
steady to 20.00 lower. Distillers Dried Grains were 16.00 lower to 5.00 higher.
Wheat Middlings were steady to 23.00 lower with the exception of Buffalo, NY
which was 35.00 to 45.00 higher.
OILSEEDS: On Wednesday, January 02, the January Soybean Meal futures closed
37.80 lower at 407.10; March closed 37.00 lower at 405.70; May closed at 399.0.
The January Soybean Oil futures closed 135 points higher at 50.52 cents per
pound; March closed 140 points higher at 51.05 cents per pound and May closed at
51.49 cents per pound. Offers of high protein Soybean Meal in Central Illinois
were 36.80 to 37.80 lower from 422.10-427.10; Iowa was 37.80 to 38.80 lower from
407.10-417.10; Kansas City was 38.80 to 39.80 lower from 414.10-416.10;
Minneapolis was 37.80 to 39.80 lower from 404.10-417.10; St. Louis was 13.00 to
24.00 lower from 467.00-482.00; Memphis was 8.90 lower at 454.40; Portland was
37.80 to 38.80 lower from 455.10-472.10; BN Santa Fe delivered Chino Valley was
34.80 to 36.80 lower from 461.10-470.10; Union Pacific delivered Chino Valley
was 36.80 to 39.80 lower from 461.10-464.10. Cottonseed Meal FOB the Central San
Joaquin Valley in California was not available; Kansas City was 5.00 lower from
365.00-380.00; St. Louis was steady from 355.00-375.00; Memphis was 5.00 higher
at 345.00. Whole Cottonseed FOB the Central San Joaquin Valley in California
was 4.00 to 10.00 lower with offers from 375.00-386.00; delivered to Portland
was steady to 5.00 lower from 375.00-389.00; Memphis was 2.00 lower at 288.00.
Offers for nearby delivered Canola Meal, 34 to 36 percent protein, delivered to
Portland was 5.00 to 31.80 lower from 323.10-350.00. Linseed Meal, 34 pct
protein was 50.00 lower with limited offers at 290.00 in the North Dakota-
Minnesota area. Sunflower Meal, 23 pct fiber, 28 pct protein was 5.00 lower from
260.00-26500 in the North Dakota-Minnesota area. The Soybean Oil in Central
Illinois was 125 to 160 points higher from 47.92-48.77 cents per pound; Iowa was
110 to 135 points higher from 47.02-48.77 cents per pound; Minnesota was 110 to
135 points higher from 47.02-48.77 cents per pound. Crude Corn Oil in Central
Illinois was 100 points higher from 51.00-52.00 cents per pound.
ANIMAL PROTEINS: Meat and Bone Meal in the Central U.S. had no quote; Pork
ranged 400.00-420.00; FOB the Texas Panhandle was 3.00 to 18.00 higher from
318.00-323.00; Minneapolis was 10.00 lower to 10.00 higher from 340.00-385.00,
pork ranged 415.00-435.00; St. Louis was steady from 310.00-355.00 for ruminant;
Pork ranged 390.00-405.00; Portland FOB production points was 15.00 lower to
26.00 higher from 390.00-395.00; FOB Central and Northern California was steady
from 340.00-370.00; FOB Los Angeles was steady at 340.00. Blood Meal in the
Central U.S. was 1075.00; Pork had no quote; FOB the Texas Panhandle had no
quote; Minneapolis ranged 1025.00-1090.00; delivered to the San Joaquin Valley
was 75.00 higher at 1125.00. Feather Meal in Kansas City was steady from 650.00-
660.00; Minneapolis was 10.00 to 15.00 lower from 650.00-685.00; Arkansas was
steady to 5.00 lower from 625.00-635.00; Mississippi was also steady to 5.00
lower from 625.00-635.00. Menhaden Fish Meal was steady to 15.00 higher at
1425.00 in the Gulf Coast for both FAQ and Select qualities. The East Coast was
steady to 25.00 lower at 1425.00 for both the FAQ and Select qualities.
CORN FEEDS: Yellow Corn Hominy in Central Illinois was 10.00 lower at 210.00;
Kansas City (Northwest) was 5.00 lower at 255.00; St. Louis was 1.00 higher at
267.00; rail delivered California was not available. Corn Gluten Feed in the
Midwest (IA, IL, IN) was steady from 190.00-215.00; Kansas City was steady to
5.00 lower from 240.00-265.00; St. Louis was steady to 5.00 lower from 200.00-
215.00. Corn Gluten Meal, 60 percent protein in the Midwest (IA, IL, IN) was
20.00 lower from 590.00-710.00; Kansas City was steady to 10.00 lower from
740.00-760.00; St. Louis was steady to 5.00 lower from 690.00-715.00; Memphis
was 10.00 lower at 650.00. Distillers Dried Grain prices in Eastern Corn-belt
were steady from 250.00-275.00; Chicago area was 5.00 higher at 265.00;
Lawrenceburg, IN was not available; Nebraska was 11.00 to 16.00 lower from
258.00-275.00; Minnesota was steady to 3.00 lower from 240.00-245.00; Kansas was
steady from 280.00-295.00; Iowa was 7.00 higher from 255.00-275.00; Northern
Missouri was 3.00 lower from 253.00-265.00; St. Louis was steady to 15.00 lower
from 255.00-280.00; Wisconsin was steady from 250.00-265.00; rail delivered
California was 2.00 lower with offers at 313.00.
WHEAT MILLFEEDS: Wheat Middlings in Buffalo, NY was 35.00 to 45.00 higher from
255.00-260.00; Kansas City was steady from 215.00-220.00; Minneapolis was 5.00
to 15.00 lower from 215.00-235.00; St. Louis was 22.00 to 23.00 lower from
185.00-213.00; Memphis was 5.00 lower at 250.00. Wheat Millrun delivered
Portland was steady at 255.00. Wheat millrun truck delivered FOB Northern and
Central California mills was not available; FOB Los Angeles mill was steady to
3.00 lower with offers from 232.00-258.00.
OTHERS: Offers for rice bran was not available; millfeed was not available;
hulls was not available. Alfalfa Meal was 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