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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Nov 7/07 - SNS -- Bi-weekly USDA report on organic grain and feedstuffs prices in the eastern cornbelt in the United States.
Eastern Cornbelt Organic Grain & Feedstuffs Report (Bi-Weekly)
Weighted Average Report for Week Ending 11/03/2007
Organic grain and feedstuff prices were steady to firm compared
to two weeks ago. Corn and soybeans were steady and wheat was
higher. Good buying interest for wheat supported prices. Corn
and soybean prices remain steady on good demand. Favorable weather
conditions helped producers to complete their last stages of harvest.
Monthly and 3rd quarter averages of organic prices located below.
FOB FOB
Price/Bu WEIGHTED AVERAGE
11/7/07 10/24/07
Organic Corn
Food Yellow ---------- ----- -----
Feed Yellow 8.88-10.15 9.46 9.64
Organic Soybeans
Food Grade
Other ---------- ----- -----
Tofu/Soy Milk ---------- ----- -----
Feed Grade 15.00-17.50 16.49 16.08
Soybean Meal(per/ton) 689.00-705.00 620.00-689.00 -----
Organic Barley
Feed Grade ---------- ----- 7.35
Organic Oats
Food Grade ---------- ----- -----
Feed Grade 3.50-4.70 4.40 -----
Organic Wheat
Food Grade ---------- ----- -----
Feed Grade 9.35-10.86 10.61 -----
==================================================================
Organic Alfalfa Per Ton/FOB
Supreme ------------- -------
Premium ------------- -------
Good ------------- -------
Fair ------------- -------
Utility ------------- -------
Organic Grass Hay
Premium ------------- -------
Good ------------- -------
Fair ------------- -------
==================================================================
Monthly Organic Prices: OCT 07 SEP O7 AUG 07 3rd Qtr
2007
Food Grade Wheat
Feed Grade Wheat 8.80 7.85 7.63 7.76
Food Grade Corn
Feed Grade Corn 9.76 9.99 9.90 10.44
Food Grade Soybeans
Feed Grade Soybeans 15.97 14.99 15.14 15.05
Feed Grade Barley 7.42 6.45
Soybean Meal (per/ton) 620.00-689.00 640.00-690.00
Food Grade Oats
Feed Grade Oats 3.75 3.27
====================================================================
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).
=======================================================================
Source: USDA-Illinois Dept Ag Market News, Springfield, IL
--- STAT News Service
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