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Upper U.S. Midwest Organic Grain and FeedstuffsDES MOINES - Oct 10/07 - 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 10/08/2007
Organic grain and feedstuff prices steady to higher compared to
two weeks ago. Corn prices steady as new crop harvest progresses,
soybeans not established two weeks ago. Small grains mostly
steady. Alfalfa hay steady. Good demand on moderate offerings.
Buyers continue to report producers looking for higher prices.
Producers are reporting good yields in Minnesota and Illinois,
while other areas report large yield swings from one field to the
next. Monthly and 3rd quarter averages located below.
FOB FOB
Price/Bu WEIGHTED AVERAGE
10/10/07 9/26/07
Organic Corn
Food Yellow --------- ---- -----
Feed Yellow 8.50-10.50 9.43 9.18
Organic Soybeans
Food Grade
Other ----------- ----- -----
Tofu/Soy Milk ----------- ----- -----
Feed Grade 15.00-18.00 15.70 -----
Soybean Meal ----------- ----- 715.00
Organic Peas
Feed Grade ----------- ----- -----
Organic Oats
Food Grade --------- ----- -----
Feed Grade 3.50-3.65 3.55 3.54
Organic Wheat
Food Grade --------- ----- 10.68
Feed Grade --------- ----- 8.82
Organic Barley
Feed Grade 5.50-7.50 6.11 6.41
Organic Rye
Feed Grade --------- ---- -----
===================================================================
Organic Feed Mix
Barley/Oat/Peas ---------- ---- -----
===================================================================
Organic Alfalfa Per Ton/FOB
Small and Large squares
Supreme -------------
Premium 200.00-225.00
Good -------------
Fair -------------
Large Rounds
Supreme -------------
Premium -------------
Good -------------
Fair -------------
Organic Grass Hay
Small and Large Squares
Premium -------------
Good -------------
Fair -------------
Large Rounds
Premium -------------
Good -------------
Fair -------------
===================================================================
Monthly Organic Prices: SEP 07 AUG 07 JUL 07 3RD Qtr
2007
Food Grade Wheat
Feed Grade Wheat 8.73 8.44 7.28 8.31
Food Grade Corn
Feed Grade Corn 10.08 10.53 11.26 10.48
Food Grade Soybeans 14.59 14.59
Feed Grade Soybeans 14.41 15.50 13.49 14.52
Feed Grade Rye 5.15 5.00 5.09
Feed Grade Peas
Food Grade Oats
Feed Grade Oats 3.45 3.58 3.50 3.54
Feed Grade Barley 6.64 6.58 5.99 6.33
=====================================================================
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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