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National Feedstuffs Market Review

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 MS_GR850 Minneapolis, MN    Wed, March 14, 2018        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 
13, 2018 were mixed. Soybean Meal was 11.00 to 21.80 lower. Cottonseed Meal was 
steady to 5.00 higher. Whole Cottonseed was mixed, 2.00 lower to 5.00 higher. Canola 
Meal was 12.50 to 22.50 lower. Linseed Meal was steady. Sunflower Meal was mixed, 
5.00 lower to 10.00 higher. Crude Soybean Oil was 26 to 28 points lower. Crude Corn 
Oil was 35 points lower. Ruminant Meat and Bone Meal was 10.00 to 40.00 higher. 
Ruminant Blood Meal was not well established. Feather Meal was not well established. 
Menhaden Fishmeal was not well established. Corn Hominy was steady to 21.00 higher. 
Corn Gluten Feed was steady to 12.00 higher. Corn Gluten Meal was steady to 60.00 
higher. Distillers Dried Grain was mixed, 10.00 lower to 8.00 higher. Wheat Middlings 
were steady to 10.00 lower. Wheat millrun was steady to 5.00 higher.

Oilseeds: The May Soybean Meal futures closed 12.50 lower at 375.50, July closed 
10.20 lower at 377.50. The May Soybean Oil futures closed 26 points lower at 32.22 
cents per pound, July closed 24 points lower at 32.45 cents per pound. Soybean Meal 
in Central Illinois was 15.60 to 17.60 lower from 370.40-378.40; Indiana-Ohio was 
11.00 to 15.50 lower from 375.50-377.50; Iowa was 12.50 lower from 341.50-363.50; 
Kansas City was 11.50 to 12.50 lower from 358.50-364.50; Minneapolis was 12.50 to 
13.50 lower from 336.50-353.50; St. Louis was steady to 3.00 lower from 370.00-
405.00; Memphis was 18.90 to 21.80 lower from 385.40-392.40; Portland was steady to 
14.50 lower from 403.50-435.00; BN Santa Fe delivered Chino Valley was 12.50 to 14.50 
lower from 410.50-416.50; Union Pacific delivered Chino Valley was 14.50 to 15.50 
lower at 410.50. Cottonseed Meal FOB the Central San Joaquin Valley in California was 
steady to 5.00 higher from 295.00-305.00; Kansas City steady from 330.00-385.00; St. 
Louis had no comparison at 370.00; Memphis was steady to 5.00 higher at 325.00. Whole 
Cottonseed FOB the Central San Joaquin Valley in California was steady from 270.00-
290.00; delivered to Portland was steady to 5.00 higher from 295.00-330.00; Memphis 
was 2.00 lower at 168.00. Offers for nearby delivered Canola Meal, 34 to 36 percent 
protein, delivered to Portland was steady to 12.50 lower from 318.50-355.00; 
Minneapolis was 12.50 to 22.50 lower from 265.50-275.50. Linseed Meal, 34 pct protein 
was steady in North Dakota-Minnesota from 235.00-240.00. Sunflower Meal, 23 pct 
fiber, 28 pct protein was 5.00 lower to 10.00 higher from 185.00-195.00 in the North 
Dakota-Minnesota area. The Soybean Oil in Central Illinois was 26 points lower from 
30.42-30.72 cents per pound; Indiana-Ohio was 28 to 33 points lower from 30.52-31.97 
cents per pound; Iowa was 26 to 28 points lower from 30.02-31.72 cents per pound; 
Minnesota was 26 cents lower from 30.97-31.72 cents per pound. Crude Corn Oil in 
Central Illinois was 35 points lower at 29.65 cents per pound.
	
ANIMAL PROTEINS: Ruminant Meat and Bone Meal in the Central U.S. was 10.00 to 40.00 
higher from 275.00-305.00; FOB the Texas Panhandle was 25.00 lower at 225.00; 
Minneapolis steady to 10.00 higher from 240.00-285.00; Kansas City was 10.00 higher 
at 275.00; St. Louis was steady to 15.00 higher from 215.00-275.00; Portland FOB 
production points was steady from 200.00-240.00; FOB Central and Northern California 
was steady from 235.00-250.00; FOB Los Angeles was steady from 235.00-250.00. Pork 
Meat and Bone Meal in the Central U.S. was 10.00 to 60.00 higher from 300.00-360.00; 
Eastern Corn Belt had no comparison at 350.00; Minneapolis was steady to 20.00 higher 
from 295.00-330.00; St. Louis was steady to 50.00 lower from 260.00-270.00. Ruminant 
Blood Meal in the Central U.S. had no quote; FOB the Texas Panhandle had no quote; 
Minneapolis was steady to 10.00 higher 585.00-685.00; delivered to the San Joaquin 
Valley was steady at 750.00. Pork Blood Meal in the Central U.S. had no comparison at 
725.00; Eastern Corn Belt had no quote; Minneapolis steady to 10.00 higher from 
710.00-725.00. Feather Meal in Kansas City was 50.00 to 65.00 lower from 400.00; 
Minneapolis steady to 5.00 higher from 435.00-550.00; Arkansas had limited trade 
steady from 430.00-445.00; Mississippi was steady from 420.00-425.00. Menhaden 
Fishmeal in the Gulf having FAQ Quality had limited trade from 1490.00-1510.00; 
Select Quality had limited trade from 1490.00-1510.00. Menhaden Fishmeal at the East 
Coast FAQ Quality had limited trade from 1490.00-1510.00; and Select Quality had 
limited trade from 1490.00-1510.00.

CORN FEEDS: Yellow Corn Hominy in Central Illinois was steady at 98.00 for rail, 
truck was steady to 5.00 higher from 108.00-115.00. Kansas City (Northwest) was not 
available; St. Louis was steady at 130.00; California rail was 11.00 to 21.00 higher 
from 178.00-188.00. Corn Gluten Feed in the Midwest (IA, IL, IN) was steady to 12.00 
higher from 95.00-117.00; Kansas City was steady from 170.00-175.00; St. Louis was 
steady from 165.00-185.00. Corn Gluten Meal, 60 percent protein in the Midwest (IA, 
IL, IN) was 30.00 to 60.00 higher from 480.00-600.00; Kansas City was steady at 
565.00; St. Louis was steady to 15.00 higher from 560.00-610.00. Distillers Dried 
Grain prices in Eastern Corn-belt were 10.00 lower to 2.00 higher from 140.00-185.00; 
Chicago area steady to 5.00 lower from 160.00-165.00; Nebraska was steady to 2.00 
higher from 145.00-157.00; Minnesota 1.00 lower to 5.00 higher from 140.00-150.00; 
Kansas was steady from 150.00-183.00; Iowa was 5.00 lower to 8.00 higher from 138.00-
155.00; Northern Missouri was steady from 160.00-170.00; South Dakota was steady to 
1.00 lower from 138.00-150.00; St. Louis was steady to 10.00 lower from 150.00-
170.00; Wisconsin was steady from 140.00-150.00; California was steady to 1.00 higher 
from 211.00-215.00; Pacific Northwest mills were steady to 3.00 higher from 217.00-
220.00.

WHEAT MILLFEEDS: Wheat Middlings in Buffalo, NY were 5.00 to 10.00 lower from 85.00-
95.00; Kansas City was steady from 87.00-115.00; Minneapolis was 2.00 to 5.00 lower 
from 68.00-90.00; St. Louis was steady to 10.00 lower from 105.00-162.00. Wheat 
Millrun delivered Portland was 5.00 higher at 145.00; FOB Los Angeles mill was steady 
to 5.00 higher from 115.00-155.00.

OTHERS: In the south Rice Bran, Millfeed and Rice Hulls steady. In California, Rice 
Bran prices were steady. Alfalfa Meal prices were steady across the nation this past 
week.

Source:  USDA Market News Service, Minneapolis, MN
         LPGMN 612-370-3258 Minneapolis.LPGMN@ams.usda.gov
         24 hour recorded market information 612-370-3260
         www.ams.usda.gov/mnreports/MS_GR850.txt
         www.ams.usda.gov/lsmarketNews

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