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Upper U.S. Midwest Organic Grain and FeedstuffsDES MOINES - Aug 1/07 - 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 7/28/2007
Organic grain and feedstuff prices steady to higher. Compared to
two weeks ago, corn was mostly steady, soybeans and wheat higher.
Good demand on light to moderate offerings by producers. Alfalfa
steady on good demand and moderate offerings.
Monthly and quarterly averages located below.
FOB FOB
Price/Bu WEIGHTED AVERAGE
7/28/07 7/14/07
Organic Corn
Food Yellow --------- ---- -----
Feed Yellow 10.50-12.00 10.88 11.43
Organic Soybeans
Food Grade
Other ----------- ----- -----
Tofu/Soy Milk ----------- ----- 14.59
Feed Grade 15.00-16.00 15.68 13.29
Soybean Meal ----------- ----- -----
Organic Peas
Feed Grade ----------- ----- -----
Organic Oats
Food Grade --------- ----- -----
Feed Grade 2.65-3.70 3.36 -----
Organic Wheat
Food Grade --------- ----- -----
Feed Grade 7.50-8.50 8.16 7.30
Organic Barley
Feed Grade 5.75-8.00 7.53 -----
===================================================================
Organic Alfalfa Per Ton/FOB
Small and Large squares
Supreme -------------
Premium -------------
Good -------------
Fair -------------
Large Rounds
Supreme -------------
Premium 170.00-185.00
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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