Minneapolis, MN Wed, Dec 29, 2010 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 28, were mixed. Soybean Meal was 14.00 to 20.00 higher. Cottonseed Meal
was steady to 2.00 lower. Whole Cottonseed was steady to 5.00 higher. Canola
Meal was 16.20 to 20.00 higher. Linseed Meal was 5.00 to 10.00 higher. Sunflower
Meal was steady. Crude Soybean Oil was 126 to 176 points higher. Crude Corn Oil
was 250 to 300 points higher. Meat and Bone Meal was mostly steady to 10.00
lower. Blood Meal was not established. Feather Meal was steady to 15.00 lower.
Fish Meal was steady. Corn Hominy was 5.00 to 8.00 higher. Corn Gluten Feed was
steady to 7.00 higher. Corn Gluten Meal was steady to 10.00 higher. Distillers
Dried Grains was mostly steady to 10.00 higher. Wheat Middlings were 5.00 lower
to 3.00 higher.
OILSEEDS: On Tuesday, December 28, the January Soybean Meal futures closed
16.00 higher at 368.60; March closed 16.20 higher at 372.60; May closed at
373.40. The January Soybean Oil futures closed 126 points higher at 56.82 cents
per pound; March closed 130 points higher at 57.39 cents per pound and May
closed at 57.75 cents per pound. Offers of high protein Soybean Meal in Central
Illinois was 20.00 higher from 365.60-377.60; Iowa was 16.00 to 19.00 higher
from 353.60-362.60; Kansas City was 18.00 higher from 360.60-364.60; Minneapolis
was 14.00 to 16.00 higher at 358.60; St. Louis was 17.00 higher from 382.00-
394.00; Memphis was 13.90 to 18.90 higher from 385.40-401.40; Portland was 14.00
to 15.00 higher from 397.60-407.60; BN Santa Fe delivered Chino Valley ranged
407.60-412.20; Union Pacific delivered Chino Valley ranged 407.60-422.60.
Cottonseed Meal FOB the Central San Joaquin Valley in California had offers from
290.00-299.00; Kansas City was steady to 2.00 lower at 275.00; St. Louis was
steady from 260.00-270.00; Memphis was steady from 240.00-245.00. Whole
Cottonseed FOB the Central San Joaquin Valley in California was 295.00; Whole
Cottonseed delivered to Portland was steady to 5.00 higher from 315.00-325.00;
Memphis was steady at 225.00. Offers for nearby delivered Canola Meal, 34 to 36
percent protein, delivered to Portland was 16.20 to 20.00 higher from 276.60-
288.60. Linseed Meal, 34 pct protein was 5.00 to 10.00 higher from 235.00-
260.00 in the North Dakota-Minnesota area. Sunflower Meal, 23 pct fiber, 28 pct
protein was steady from 215.00-225.00 in the North Dakota-Minnesota area. The
Soybean Oil in Central Illinois was 126 to 146 points higher from 53.07-54.22
cents per pound; Iowa was 126 points higher from 52.57-54.02 cents per pound;
Minnesota was 126 to 176 points higher from 53.07-53.82 cents per pound. Crude
Corn Oil in Central Illinois was 250 to 300 points higher from 56.50-58.00 cents
ANIMAL PROTEINS: Meat and Bone Meal in the Central U.S. was 17.00 to 37.00 lower
at 288.00; Pork ranged 287.00-320.00; FOB the Texas Panhandle was mixed from
288.00-310.00; Minneapolis was steady to 10.00 lower from 300.00-340.00, pork
ranged 320.00-340.00; St. Louis was steady from 290.00-295.00 for ruminant; Pork
ranged 310.00-320.00; Portland FOB production points was 10.00 lower to 3.00
higher from 300.00-328.00; FOB Central and Northern California ranged 320.00-
330.00; FOB Los Angeles ranged 320.00-330.00. Blood Meal in the Central U.S.
had no quote; pork was 670.00; FOB the Texas Panhandle ranged 600.00-615.00;
delivered to the San Joaquin Valley was 675.00. Feather Meal in Kansas City was
steady to 15.00 lower from 385.00-425.00; Minneapolis was steady from 425.00-
435.00; Arkansas was not available; Mississippi was not available. Menhaden
Fish Meal was steady from 1100.00-1150.00 in the Gulf Coast for both FAQ and
Select qualities. The East Coast was also steady from 1100.00-1150.00 for both
the FAQ and Select qualities. Mixed Fish Meal, 60 percent protein FOB Central
San Joaquin Valley had no quote.
CORN FEEDS: Yellow Corn Hominy in Central Illinois 5.00 higher from 170.00-
175.00; Kansas City (Northwest) was 7.00 to 8.00 higher from 177.00-180.00; St.
Louis was 5.00 to 6.00 higher from 180.00-195.00; rail delivered California was
not available. Corn Gluten Feed in the Midwest (IA, IL, IN) was steady from
130.00-145.00; Kansas City was steady from 170.00-180.00; St. Louis was steady
to 7.00 higher from 150.00-175.00. Corn Gluten Meal, 60 percent protein in the
Midwest (IA, IL, IN) was steady from 500.00-540.00; Kansas City was steady from
560.00-575.00; St. Louis was steady from 535.00-567.50; Memphis was 10.00 higher
at 540.00. Distillers Dried Grain prices in Eastern Corn-belt was steady to 7.00
higher from 165.00-187.00; Chicago area was 5.00 lower to 5.00 higher at
1650.00; Lawrenceburg, IN was steady at 158.00; Nebraska was 3.00 to 3.50 higher
from 165.00-193.00; Minnesota was 3.00 to 10.00 higher from 158.00-170.00;
Kansas was steady to 10.00 higher from 195.00-200.00; Iowa was 5.00 to 6.00
higher from 160.00-183.00; Northern Missouri was 5.00 higher at 190.00; St.
Louis was steady to 4.00 higher from 170.00-184.00; Wisconsin was steady from
155.00-165.00; rail delivered California ranged 228.00-233.00.
WHEAT MILFEEDS: Wheat Middlings in Buffalo, NY was steady to 2.50 higher from
157.50-160.00; Kansas City was 1.00 lower to 3.00 higher from 163.00-173.00;
Minneapolis was 2.00 to 5.00 lower from 153.00-160.00; St. Louis was steady to
3.00 lower from 165.00-180.00; Memphis was steady at 200.00. Wheat Millrun
delivered Portland was 3.00 higher at 158.00. Wheat millrun truck delivered FOB
Northern and Central California mills had no quote; FOB Los Angeles mill door
had offers from 175.00-182.00.
OTHERS: Offers for rice bran, millfeed and hulls were not available. Alfalfa
Meal was mostly steady this past week.
Source: USDA Market News Service, Minneapolis, MN
National Feedstuffs Market Review