Portland, OR Tue Jan 18, 2011 USDA Market News
Pacific Northwest Weekly Feed
All prices are quoted per ton, unless otherwise noted.
Pacific Northwest Market Summary: Feed ingredient offers ended the reporting week on
Tuesday, January 18, mixed, mostly higher, compared to last Tuesday's offers. Offers
for canola meal, soybean meal, corn, wheat millrun and distillers dried grains moved
higher, while barley offers were steady to higher. Offers for whole cottonseed trended
mixed. Suncured alfalfa pellets offers trended lower, while meat and bone meal offers
were steady to lower.
Oilseed Meal Markets: Offers for 47 percent protein Soybean Meal, for current rail
delivery, were 407.40 to 418.40 per ton, 15.50 to 20.50 per ton higher than last week's
offers. Basis offers were 24.00 to 35.00 per ton over the March futures close of
383.40. Last Tuesday's basis were 24.00 to 40.00 per ton over the March futures close
of 362.90. Offers for soybean meal truck delivered to the Willamette Valley were not
available. Offers for nearby rail delivered Canola Meal, 34 to 36 percent protein, were
285.40 to 291.40 per ton, 18.50 to 19.50 per ton higher than last Tuesday's offers.
Truck delivered Canola Meal offers, 34 to 36 percent protein, were not available.
Whole Cottonseed: Whole Cottonseed offers for delivery to points in the Pacific
Northwest from the Midsouth in single boxcars were 315.00 to 320.00, mixed, from 5.00
lower to 10.00 per ton higher compared to week ago offers. Offers for whole cottonseed
trans-loaded onto trucks and delivered to Willamette Valley dairies were also mixed,
from 5.00 lower to 10.00 per ton higher than week ago offers at 325.00 to 335.00.
Animal Proteins: Offers for 46 to 50 percent protein Meat and Bone Meal, FOB Seattle
plants, were steady with week ago offers at 280.00. Offers for meat and bone meal truck
delivered to Portland and the Willamette Valley were 305.00 to 311.00, mixed, from 5.00
lower to 1.00 per ton higher compared to last week's offers.
Wheat Millrun: Feed mill offers for wheat millrun for nearby delivery, loaded truck
FOB the flour mill in Portland, were nominal at 160.00, 2.00 higher compared to week ago
offers. Offers for wheat millrun truck delivered to the Willamette Valley were also
2.00 higher with week ago offers at 172.00. Flour mill offers for wheat millrun rail
delivered to Portland on the Burlington Northern Line from eastern Washington and
eastern Oregon were 155.00 to 165.00 for January through March delivery, which is 5.00
higher than last week's offer for the same delivery period. Offers for wheat millrun
FOB eastern Oregon and eastern Washington for January through March delivery were
145.00, 5.00 higher compared to week ago offers for the same delivery period, and offers
for April through September delivery were 140.00, also 5.00 higher than week ago offers.
Alfalfa Products: Offers for Suncured Alfalfa Pellets, 15 percent protein, delivered
by truck to the Willamette Valley were 220.00, 10.00 to 15.00 per ton lower compared to
week ago offers.
Distillers Dried Grains: Offers for Distillers Dried Grains delivered by rail to
feed mills in the Pacific Northwest were 232.00 to 240.00, 1.00 to 2.00 per ton higher
compared to week ago offers. Offers for distillers dried grains trans-loaded onto
trucks and delivered to Willamette Valley dairies were 1.00 to 4.00 per ton higher at
249.00 to 255.00.
Coarse Feeding Grains: Offers for US 2 Barley for nearby delivery to Portland in
single rail cars for domestic use were not well tested, but were indicated as 220.00 to
230.00 per ton, steady to 5.00 higher than week ago offers. Offers for US 2 Barley rail
and truck delivered to the Willamette Valley were also not well tested, but were
indicated as 230.00 to 240.00 per ton, also steady to 5.00 higher compared to last
week's offers. US 2 Yellow Corn offers for rail delivery to points north of Seattle
were 18.25 to 18.75 per ton higher at 270.50. Offers for US 2 Yellow Corn rail
delivered to points in the Seattle area were 18.50 to 18.75 per ton higher, from 267.00
to 268.00. Offers for US 2 Yellow Corn rail delivered to Portland were 18.75 to 20.25
per ton higher at 265.50 to 267.75. Offers for US 2 Yellow Corn truck delivered to the
Willamette Valley were indicated as 278.50 to 294.50, 18.75 to 27.75 per ton higher
compared to last Tuesday's offers. US 2 Yellow Corn offers for truck delivery to the
Yakima Valley were 17.75 to 18.75 per ton higher compared to last week's offers at
258.50 to 273.75. Chicago March corn futures closed at 6.59-1/2, 52-1/2 cents higher
than last Tuesday's March corn futures close of 6.07. Offers for US 2 Heavy White Oats
were not quoted in a very limited test.
Portland Weekly Feed
Wholesale Feedstuff Prices per ton bulk in truck or carlots, delivered to
the Northwest Coast.
47 pct Solvent Soybean Meal
Rail delivered 407.40-418.40 up 20.50-15.50
34-36 pct Canola Meal Rail 285.40-291.40 up 19.50-18.50
46 to 50 pct Meat and Bone Meal
FOB Production Point 280.00-311.00 unch-up 1.00
17 pct Dehydrated Alfalfa Meal NA
15 pct Suncured Alfalfa Pellets 220.00 dn 10.00-15.00
Wheat Millrun FOB Flour Mills western
Oregon and Washington
(reseller offers) 160.00N up 2.00
Rail 315.00-320.00 up 10.00-dn 5.00
Truck 325.00-335.00 up 10.00-dn 5.00
Distillers Dried Grains
Rail feed mill 232.00-240.00 up 2.00-1.00
Truck delivered dairy 249.00-255.00 up 4.00-1.00
Whole feeding grains in dollars per ton, bulk FOB Northwest Coast
US 2 48 LBS Barley 220.00-230.00 unch-up 5.00
US 2 Yellow Corn
Single rail car delivery-
North of Seattle 270.50 up 18.75-18.25
Seattle area 267.00-268.00 up 18.50-18.75
Portland area 265.50-267.75 up 18.75-20.25
Rail-Truck Willamette Valley 278.50-294.50 up 18.75-27.75
Rail Yakima Valley NA
Truck Yakima Valley 258.50-273.75 up 18.75-17.75
US 2 Heavy White Oats NA
Source: USDA Market News Service, Portland, OR
Niki Davila, Market Reporter, 503-326-2237
24 Hour Market Report 503-326-2022
1227 pt nd
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