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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Nov 21/07 - 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 11/17/2007
Organic grain and feedstuff prices were steady to higher compared
to two weeks ago. Wheat was higher and corn and soybeans steady.
Producer selling was light heading into the holiday weekend.
Corn and soybeans were steady on moderate supplies. Wheat was
higher on good demand. Reports of yields have been mixed. Many
areas poor due to dry conditions and others better than expected.
Monthly and 3rd quarter averages of organic prices located below.
FOB FOB
Price/Bu WEIGHTED AVERAGE
11/21/07 11/7/07
Organic Corn
Food Yellow ---------- ----- -----
Feed Yellow 8.50-10.50 9.67 9.46
Organic Soybeans
Food Grade
Other ---------- ----- -----
Tofu/Soy Milk ---------- ----- -----
Feed Grade 15.20-17.00 15.93 16.49
Soybean Meal(per/ton) ---------- ----- 697.00
Organic Barley
Feed Grade ---------- ----- -----
Organic Oats
Food Grade ---------- ----- -----
Feed Grade ---------- ----- 4.40
Organic Wheat
Food Grade ---------- ----- -----
Feed Grade 10.00-12.00 11.41 10.86
==================================================================
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) 666.00 665.00
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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