National Feedstuffs Market Review

3/17/2013 3:00 PM

MS_GR850
Minneapolis, MN Wed, Mar 13, 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
March 12, were mixed. Soybean Meal was 9.70 lower to 5.30 higher. Cottonseed
Meal was steady to 30.00 higher. Whole Cottonseed was steady to 2.00 lower.
Canola Meal was steady to 2.70 lower. Linseed Meal was steady. Sunflower Meal
was steady. Crude Soybean Oil was 9 points lower to 10 points higher. Crude
Corn Oil was steady to 100 points higher. Meat and Bone Meal was 10.00 lower to
42.00 higher, mostly 5.00 to 25.00 higher. Blood Meal was steady to 40.00 lower.
Feather Meal was 10.00 lower to 20.00 higher. Fishmeal was steady. Corn Hominy
was fully steady. Corn Gluten Feed was 18.00 lower to 10.00 higher. Corn Gluten
Meal was steady to 10.00 higher. Distillers Dried Grains were 5.00 lower to 5.00
higher. Wheat Middlings were 5.00 lower to 110.00 higher.
OILSEEDS: On Tuesday, March 12, the May Soybean Meal futures closed 0.30 higher
at 435.20; July closed 1.60 lower at 429.20. The May Soybean Oil futures closed
15 points lower at 49.98 cents per pound; July closed 15 points lower at 50.23
cents per pound. Offers of high protein Soybean Meal in Central Illinois were
0.70 lower to 0.30 higher from 445.20-451.20; Iowa was 2.70 lower to 0.30 higher
from 426.20-435.20; Kansas City was 0.70 lower to 1.50 higher from 433.20-
444.40; Minneapolis was 9.70 lower to 0.30 higher at 426.20; St. Louis was 3.00
to 4.00 higher from 470.00-492.00; Memphis was 0.30 higher at 471.00; Portland
was 0.70 lower to 5.30 higher from 480.20-486.20; BN Santa Fe delivered Chino
Valley was 1.70 lower to 5.30 higher from 485.20-489.20; Union Pacific delivered
Chino Valley was 1.70 lower to 5.30 higher from 485.20-489.20. Cottonseed Meal
FOB the Central San Joaquin Valley in California was steady with offers from
350.00-380.00; Kansas City was 15.00 to 30.00 higher at 345.00; St. Louis was
10.00 to 15.00 higher from 310.00-325.00; Memphis was 20.00 higher at 305.00.
Whole Cottonseed FOB the Central San Joaquin Valley in California was steady
with offers from 375.00-390.00; delivered to Portland was steady from 370.00-
380.00; Memphis was 2.00 lower at 280.00. Offers for nearby delivered Canola
Meal, 34 to 36 percent protein, delivered to Portland was steady to 2.70 lower
from 364.20-369.00. Linseed Meal, 34 pct protein was steady from 300.00-315.00
in the North Dakota-Minnesota area. Sunflower Meal, 23 pct fiber, 28 pct protein
was steady from 230.00-235.00 in the North Dakota-Minnesota area. The Soybean
Oil in Central Illinois was 9 points lower from 47.83-48.58 cents per pound;
Iowa was 10 points higher from 48.73-48.98 cents per pound; Minnesota was 41
points higher from 48.73-48.98 cents per pound. Crude Corn Oil in Central
Illinois was steady to 100 points higher from 48.00-50.00 cents per pound.
ANIMAL PROTEINS: Meat and Bone Meal in the Central U.S. was 10.00 to 27.00
higher from 463.00-480.00; Pork ranged 525.00-560.00; FOB the Texas Panhandle
was steady to 42.00 higher from 435.00-482.00; Minneapolis was steady to 10.00
lower from 425.00-505.00, pork ranged 525.00-540.00; St. Louis was 15.00 to
25.00 higher from 465.00-475.00 for ruminant; Pork ranged 550.00-570.00;
Portland FOB production points was 5.00 to 15.00 higher from 450.00-490.00; FOB
Central and Northern California was 5.00 to 10.00 higher from 370.00-380.00; FOB
Los Angeles was 5.00 higher at 370.00. Blood Meal in the Central U.S. had no
quote; Pork had no quote; FOB the Texas Panhandle had no quote; Minneapolis was
steady to 40.00 lower from 1100.00-1110.00; delivered to the San Joaquin Valley
was steady at 1175.00. Feather Meal in Kansas City was 5.00 to 20.00 higher from
740.00-745.00; Minneapolis was steady to 10.00 higher from 750.00-825.00;
Arkansas was 5.00 to 10.00 lower from 720.00-725.00; Mississippi was also 5.00
to 10.00 lower from 720.00-725.00. 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 steady at 225.00; Kansas
City (Northwest) was steady at 240.00; St. Louis was steady at 252.00; rail
delivered California was steady with offers from 298.00-310.00. Corn Gluten
Feed in the Midwest (IA, IL, IN) was steady to 18.00 lower from 190.00-215.00;
Kansas City was steady from 250.00-270.00; St. Louis was 2.00 to 10.00 higher
from 220.00-230.00. Corn Gluten Meal, 60 percent protein in the Midwest (IA, IL,
IN) was steady from 560.00-620.00; Kansas City was steady from 680.00-690.00;
St. Louis was steady to 10.00 higher from 620.00-650.00; Memphis was steady at
620.00. Distillers Dried Grain prices in Eastern Corn-belt were steady to 2.00
lower from 260.00-280.00; Chicago area was steady to 5.00 lower from 265.00-
270.00; Lawrenceburg, IN was not available; Nebraska was 4.00 lower to 5.00
higher from 260.00-275.00; Minnesota was 2.00 to 5.00 higher from 255.00-260.00;
Kansas was steady from 280.00-300.00; Iowa was steady to 3.00 lower from 255.00-
270.00; Northern Missouri was steady from 275.00-278.00; St. Louis was steady to
5.00 lower from 270.00-290.00; Wisconsin was steady from 260.00-275.00; rail
delivered California was steady with offers from 311.00-322.00.
WHEAT MILLFEEDS: Wheat Middlings in Buffalo, NY was steady from 205.00-210.00;
Kansas City was 5.00 lower from 180.00-190.00; Minneapolis was 2.00 to 5.00
lower from 210.00-22 0.00; St. Louis was steady to 10.00 higher from 205.00-
235.00; Memphis was bit 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 10.00 higher from
250.00-270.00.
OTHERS: Offers for rice bran was mostly steady to 30.00 lower; millfeed was not
tested; hulls were 5.00 lower. 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
www.ams.usda.gov/mnreports/MS_GR850.txt
www.ams.usda.gov/lsmarketNews
1105C cam


Should more beef buying stations be opened to serve small Eastern cattle producers?

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  • No
  • Unsure

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8/28/2014 | Last Updated: 8:01 AM