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USDA-JO: Portland Weekly Feedstuffs

Portland, OR - Tue Nov 7, 2017 - USDA Market News


Pacific Northwest Weekly Feedstuffs
All prices are quoted per ton, unless otherwise noted.

   Pacific Northwest Market Summary:  Feed ingredient offers ended the 
reporting week on Tuesday, November 7, mixed compared to last report's offers.  

   Oilseed Meal Markets:  Offers for 47 percent protein Soybean Meal, for 
nearby rail delivery to Pacific Northwest were steady to 3.70 higher from 
340.50-355.00.  Offers for soybean meal truck delivered to the Willamette 
Valley were also steady to 3.70 higher from 355.50-370.00.  Offers for nearby 
rail delivered to Pacific Northwest Canola Meal, 34 to 36 percent protein were 
steady to 6.70 higher from 243.50-265.00.  Truck delivered Willamette Valley 
canola meal offers, 34 to 36 percent protein were also steady to 6.70 higher 
from 258.50-280.00.

   Whole Cottonseed:  Whole Cottonseed offers for delivery to points in the 
Pacific Northwest from the Midsouth in single boxcars were steady to 10.00 
lower from 265.00-300.00.  Offers for whole cottonseed trans-loaded onto trucks 
and delivered to Willamette Valley dairies were also steady to 10.00 lower from 
285.00-315.00.

   Animal Proteins:  Offers for 46 to 50 percent protein ruminant Meat and Bone 
Meal, FOB Pacific Northwest plants, were 30.00 lower from 200.00-250.00.  
Offers for ruminant meat and bone meal truck delivered to the Willamette Valley 
were 15.00 to 40.00 lower from 225.00-280.00.

   Wheat Millrun:  Feed mill offers for Wheat Millrun for nearby delivery, 
loaded FOB the flour mill in Portland were steady at 125.00.  Offers for wheat 
millrun truck delivered to the Willamette Valley were steady at 140.00.  Flour 
mill offers for wheat millrun rail delivered to Portland on the Burlington 
Northern Line from eastern Washington and eastern Oregon for nearby delivery 
were 5.00 higher at 88.00.  Offers for wheat millrun FOB eastern Oregon and 
eastern Washington for nearby delivery trended steady from 70.00-75.00.

   Alfalfa Products:  Offers for Suncured Alfalfa Pellets, 15 percent protein, 
delivered by truck to the Willamette Valley were steady at 280.00.

   Distillers Dried Grains:  Offers for Distillers Dried Grains delivered by 
rail to feed mills in the Pacific Northwest were steady to 1.00 higher from 
185.00-192.00.  Offers for distillers dried grains trans-loaded onto trucks and 
delivered to Willamette Valley dairies were steady to 1.00 higher from 203.00-
207.00.

   Coarse Feeding Grains:  Offers for US 2 Barley for nearby delivery to 
Portland in single rail cars for domestic use were steady from 160.00-175.00.  
Offers for US 2 Barley truck delivered to the Willamette Valley were steady 
from 154.00-175.00.  US 2 Yellow Corn offers for rail delivery to points north 
of Seattle were 75 cents to 1.75 higher from 152.00-164.25.  Offers for US 2 
Yellow Corn rail delivered to points in the Seattle area were also 75 cents to 
1.75 higher from 159.50-164.25.  Offers for US 2 Yellow Corn rail delivered to 
Portland were 75 cents to 1.75 higher from 157.00-159.25.  Offers for US 2 
Yellow Corn truck delivered to the Willamette Valley were mixed, from 1.00 
lower to 75 cents higher from 164.25-174.00.  US 2 Yellow Corn offers for truck 
delivery to the Yakima Valley were mixed, from 2.50 lower to 75 cents higher 
from 151.00-158.75.  Chicago December corn futures closed at 3.4775, 2.00 cents 
lower than last report's December corn futures close of 3.4575.  Offers for US 
2 Heavy White Oats truck delivered to Portland and Willamette Valley were 
steady to 5.00 higher from 190.00-215.00.

                    Portland Weekly Feed
Wholesale Feedstuff Prices and Basis per ton bulk in truck or carlots, 
delivered to the Northwest Coast.

                                                       Change
47 pct Solvent Soybean Meal
  Rail Pacific Northwest          340.50-355.00        up 3.70-unch
       Basis                      25 to 39.5+Z         unch-dn 3.7
  Truck Willamette Valley         355.50-370.00        up 3.70-unch
       Basis                      40 to 54.5+Z         unch-dn 3.7

34-36 pct Canola Meal
  Rail Pacific Northwest          243.50-265.00        up 6.70-unch
       Basis                      -72 to -50.5+Z       up 3-dn 3.7
  Truck Willamette Valley         258.50-280.00        up 6.70-unch
       Basis                      -57 to -35.5+Z       up 3-dn 3.7

46 to 50 pct Ruminant Meat and Bone Meal
  FOB Pacific Northwest Plants    200.00-250.00        dn 30.00
  Truck Willamette Valley         225.00-280.00        dn 40.00-15.00

15 pct Suncured Alfalfa Pellets   280.00               unch

Wheat Millrun FOB Flour Mills western
 Oregon and Washington
  FOB Portland Flour Mills        125.00               unch
  Truck Willamette Valley         140.00               unch
 Burlington Northern Line from Eastern Oregon and Eastern Washington
  Rail Portland                   88.00                up 5.00
 Eastern Oregon and Eastern Washington
  FOB                             70.00-75.00          unch

Whole Cottonseed
  Rail Pacific Northwest          265.00-300.00        dn 10.00-unch
  Truck Willamette Valley         285.00-315.00        dn 10.00-unch

Distillers Dried Grains
 Nearby delivery
  Rail Pacific Northwest mills    185.00-192.00        up 1.00-unch
  Truck Willamette Valley         203.00-207.00        up 1.00-unch

Whole feeding grains in dollars per ton, bulk FOB Northwest Coast
US 2 48 LBS Barley
  Rail Portland                   160.00-175.00        unch
  Truck Willamette Valley         154.00-175.00        unch

US 2 Yellow Corn
 Single rail car delivery-
  North of Seattle                162.00-164.25        up 1.75-0.75
       Basis                      106 to 112+Z         up 3-unch
  Seattle area                    159.50-164.25        up 1.75-0.75
       Basis                      99 to 112+Z          up 3.00-unch
  Portland area                   157.00-159.25        up 1.75-0.75
       Basis                      92 to 98+Z           up 3-unch
  Truck Willamette Valley         164.25-174.00        up 0.75-dn 1.00
       Basis                      112 to 139.5+Z       unch-dn 4.5
  Truck Yakima Valley             151.00-158.75        dn 2.50-up 0.75
       Basis                      75 to 97+Z           dn 9-unch

US 2 Heavy White Oats Truck       190.00-215.00        unch-up 5.00

Chicago Board of Trades month symbols: F January, G February, H March, K May, 
M June, N July, Q August, U September, V October, X November, Z December

Source:  USDA Market News Service, Portland, OR
         Niki Davila 503-535-5001  Portland.LPGMN@ams.usda.gov
         24 hour price information 503-535-5005
         www.ams.usda.gov/mnreports/jo_gr215.txt
         www.ams.usda.gov/lpsmarketnewspage

1250p  nd

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