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Upper U.S. Midwest Organic Grain and FeedstuffsDES MOINES - Jul 18/07 - SNS -- Bi-weekly USDA report on organic grain and feedstuffs prices in the U.S. upper midwest.
Upper Midwest Organic Grain & Feedstuffs Report (Bi-Weekly)
Weighted Average Report for Week Ending 7/14/2007
Organic grain and feedstuff prices steady to firm on light to
moderate market activity. Corn and soybeans steady to firm.
Alfalfa good demand on light offerings, with reports of conventional
producers purchasing organic hay for feed needs. Good demand on
light to moderate offerings by producers.
Monthly and quarterly averages located below.
FOB FOB
Price/Bu WEIGHTED AVERAGE
7/14/07 6/30/07
Organic Corn
Food Yellow --------- ---- -----
Feed Yellow 8.00-13.00 11.43 10.93
Organic Soybeans
Food Grade
Other ----------- ----- -----
Tofu/Soy Milk 14.00-17.00 14.59 -----
Feed Grade 12.00-14.25 13.29 13.83
Soybean Meal ----------- ----- -----
Organic Peas
Feed Grade ----------- ----- -----
Organic Oats
Food Grade --------- ----- -----
Feed Grade --------- ----- 3.50
Organic Wheat
Food Grade --------- ----- -----
Feed Grade 7.25-7.50 7.30 7.50
Organic Barley
Feed Grade --------- ----- 6.64
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Organic Alfalfa Per Ton/FOB
Small and Large squares
Supreme -------------
Premium -------------
Good -------------
Fair -------------
Large Rounds
Supreme -------------
Premium 165.00-175.00
Good -------------
Fair -------------
Organic Grass Hay
Small and Large Squares
Premium -------------
Good -------------
Fair -------------
Large Rounds
Premium -------------
Good -------------
Fair -------------
===================================================================
Monthly Organic Prices: JUN 07 MAY 07 APR 07 2nd Qtr
2007
Food Grade Wheat
Feed Grade Wheat 6.96 6.88
Food Grade Corn
Feed Grade Corn 9.88 7.19 6.95 7.55
Food Grade Soybeans 17.00 16.65 16.12 16.21
Feed Grade Soybeans 13.36 14.42 14.15 13.98
Splits
Feed Grade Peas 7.25 6.66 6.83
Food Grade Oats
Feed Grade Oats 3.48 3.54 3.50
Feed Grade Barley 5.44 5.18 5.22 5.28
=====================================================================
=
Table 1: Alfalfa guidelines (for domestic livestock use and not more
than 10% grass)
Quality ADF NDF *RFV **TDN-100% **TDN-90% CP
Supreme <27 <34 >185 >62 >55.9 >22
Premium 27-29 34-36 170-185 60.5-62 54.5-55.9 20-22
Good 29-32 36-40 150-170 58-60 52.5-54.5 18-20
Fair 32-35 40-44 130-150 56-58 50.5-52.5 16-18
Utility >35 >44 <130 <56 <50.5 <16
*RFV calculated using the Wis/Minn formula.
**TDN calculated using the western formula.
Quantitative factors are approximate, and many factors can affect
feeding value. Values based on 100 % dry matter (TDN showing both
100%
& 90%). Guidelines are to be used with visual appearance and intent
of
Sale (usage).
=====================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.
Source: USDA Market News Service, Des Moines, IA
--- STAT News Service
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