Minneapolis, MN Wed, Jan 19, 2011 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 18, were mixed. Soybean Meal was mostly 12.50 to 20.50 higher.
Cottonseed Meal was steady to 10.00 higher. Whole Cottonseed was 5.00 lower to
10.00 higher. Canola Meal was 18.50 to 19.50 higher. Linseed Meal was steady to
15.00 higher. Sunflower Meal was 5.00 higher. Crude Soybean Oil was 69 to 94
points higher. Crude Corn Oil was 50 points higher. Meat and Bone Meal was
15.00 lower to 19.00 higher. Blood Meal was steady in California. Feather Meal
was steady to 30.00 lower. Fish Meal was steady. Corn Hominy was 5.00 lower to
3.00 higher, mostly steady to 3.00 higher. Corn Gluten Feed was steady to 5.00
higher. Corn Gluten Meal was steady to 15.00 higher. Distillers Dried Grains
was steady to 13.00 higher. Wheat Middlings were mostly steady to 5.00 lower.
OILSEEDS: On Tuesday, January 18, the March Soybean Meal futures closed 20.50
higher at 383.40; May closed 20.90 higher at 385.90. The March Soybean Oil
futures closed 94 points higher at 57.55 cents per pound; May closed 101 points
higher at 58.03 cents per pound. Offers of high protein Soybean Meal in Central
Illinois was 15.50 to 17.50 higher from 371.40-379.40; Iowa was 12.50 to 13.50
higher from 354.40-365.40; Kansas City was 17.50 to 18.50 higher from 367.40-
373.40; Minneapolis was 14.50 to 16.50 higher from 359.40-363.40; St. Louis was
15.00 higher from 400.00-410.00; Memphis was 5.50 lower to 2.50 higher from
382.10-406.10; Portland was 15.50 to 20.50 higher from 407.40-418.40; BN Santa
Fe delivered Chino Valley was 15.50 to 16.50 higher from 409.40-416.40; Union
Pacific delivered Chino Valley was 16.50 to 18.50 higher from 410.40-428.40.
Cottonseed Meal FOB the Central San Joaquin Valley in California was 5.00 to
10.00 higher with offers from 305.00-310.00; Kansas City was steady from 275.00-
280.00; St. Louis was steady from 260.00-270.00; Memphis was 5.00 higher from
245.00-250.00. Whole Cottonseed FOB the Central San Joaquin Valley in
California was steady to 10.00 higher from 300.00-315.00; Whole Cottonseed
delivered to Portland was 5.00 lower to 10.00 higher from 315.00-320.00; Memphis
was 4.00 higher at 230.00. Offers for nearby delivered Canola Meal, 34 to 36
percent protein, delivered to Portland was 18.50 to 19.50 higher from 285.40-
291.40. Linseed Meal, 34 pct protein was steady to 15.00 higher at 260.00 in
the North Dakota-Minnesota area. Sunflower Meal, 23 pct fiber, 28 pct protein
was 5.00 higher from 205.00-210.00 in the North Dakota-Minnesota area. The
Soybean Oil in Central Illinois was 94 points higher from 53.80-54.55 cents per
pound; Iowa was 69 to 94 points higher from 53.35-54.55 cents per pound;
Minnesota was 94 points higher from 54.05-54.80 cents per pound. Crude Corn Oil
in Central Illinois was 50 points higher from 57.50-58.50 cents per pound.
ANIMAL PROTEINS: Meat and Bone Meal in the Central U.S. was 15.00 lower to 5.00
higher from 295.00-315.00; Pork ranged 300.00-325.00; FOB the Texas Panhandle
was 11.00 to 19.00 higher from 296.00-309.00; Minneapolis was steady from
300.00-325.00, pork ranged 320.00-325.00; St. Louis was steady to 2.50 higher
from 292.50-295.00 for ruminant; Pork ranged 310.00-320.00; Portland FOB
production points was steady to 1.00 higher from 280.00-311.00; FOB Central and
Northern California steady from 275.00-300.00; FOB Los Angeles was steady to
15.00 higher from 295.00-300.00. Blood Meal in the Central U.S. had no quote;
pork ranged 650.00-675.00; FOB the Texas Panhandle was 625.00; delivered to the
San Joaquin Valley was steady at 675.00. Feather Meal in Kansas City was 5.00 to
30.00 lower from 380.00-395.00; Minneapolis was steady from 400.00-435.00;
Arkansas was not available; Mississippi was also not available. Menhaden Fish
Meal was steady at 1100.00 in the Gulf Coast for both FAQ and Select qualities.
The East Coast was also steady at 1100.00 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 steady to 2.00 higher from
170.00-175.00; Kansas City (Northwest) was steady to 3.00 higher at 180.00; St.
Louis was steady from 180.00-190.00; rail delivered California was steady to
5.00 lower from 255.00-265.00. Corn Gluten Feed in the Midwest (IA, IL, IN) was
steady to 5.00 higher from 130.00-150.00; Kansas City was steady to 5.00 higher
from 175.00-180.00; St. Louis was steady from 150.00-163.00. Corn Gluten Meal,
60 percent protein in the Midwest (IA, IL, IN) was steady to 2.50 higher from
500.00-550.00; Kansas City was steady to 15.00 higher from 585.00-590.00; St.
Louis was steady from 545.00-567.50; Memphis was 10.00 higher at 550.00.
Distillers Dried Grain prices in Eastern Corn-belt was 5.00 to 7.00 higher from
170.00-195.00; Chicago area was 2.50 lower from 170.50-172.50; Lawrenceburg, IN
was steady at 180.00; Nebraska was steady to 10.00 higher from 175.00-202.00;
Minnesota was 8.00 to 9.00 higher from 172.00-180.00; Kansas was 5.00 to 13.00
higher from 200.00-215.00; Iowa was 3.00 to 7.00 higher from 172.00-190.00;
Northern Missouri was 10.00 to 11.00 higher from 190.00-201.00; St. Louis was
steady from 180.00-190.00; Wisconsin was 5.00 to 7.00 higher from 165.00-175.00;
rail delivered California was steady to 13.00 higher from 225.00-240.00.
WHEAT MILFEEDS: Wheat Middlings in Buffalo, NY was steady to 5.00 lower at
150.00; Kansas City was 1.00 to 3.00 lower from 160.00-167.00; Minneapolis was
5.00 lower to 3.00 higher from 152.00-160.00; St. Louis was steady to 4.50 lower
from 168.00-185.00; Memphis was 20.00 lower at 195.00. Wheat Millrun delivered
Portland was 2.00 higher at 160.00. Wheat millrun truck delivered FOB Northern
and Central California mills had no quote; FOB Los Angeles mill door was steady
to 1.00 lower with offers from 175.00-185.00.
OTHERS: Offers for rice bran were 10.00 lower to 30.00 higher; millfeed was
steady to 5.00 higher; hulls were steady. Alfalfa Meal was steady to 5.00
higher this past week.
Source: USDA Market News Service, Minneapolis, MN
National Feedstuffs Market Review