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Upper U.S. Midwest Organic Grain and FeedstuffsDES MOINES - Nov 21/07 - 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 11/17/2007
Organic grain and feedstuff prices mostly steady compared to
two weeks ago. Coarse grain prices steady on light offerings and
moderate demand. Soybeans steady on light offerings and moderate
demand. Small grains steady on very light offerings. Alfalfa
hay steady on good demand. There was moderate demand on light
offerings for feedstuffs this week. Livestock producers and
processors concerned about returns on investment if prices increase
this winter. Grain producers are in a wait and see attitude during
this holiday week. Monthly and 3rd quarter average prices located
below.
FOB FOB
Price/Bu WEIGHTED AVERAGE
11/21/07 11/07/07
Organic Corn
Food Yellow --------- ---- -----
Feed Yellow 8.25-10.15 9.03 9.32
Organic Soybeans
Food Grade
Other ----------- ----- -----
Tofu/Soy Milk ----------- ----- -----
Feed Grade 15.00-16.85 15.92 15.72
Soybean Meal ----------- ----- -----
Organic Peas
Feed Grade ----------- ----- -----
Organic Oats
Food Grade --------- ----- -----
Feed Grade 3.75-4.00 3.95 3.82
Organic Wheat
Food Grade ---------- ----- -----
Feed Grade ---------- ----- -----
Organic Barley
Feed Grade --------- ----- -----
Organic Rye
Feed Grade --------- ---- -----
===================================================================
Organic Feed Mix
Barley/Oat/Peas ---------- ---- -----
===================================================================
Organic Alfalfa Per Ton/FOB
Supreme -------------
Premium 220.00-245.00
Good -------------
Fair -------------
Utility -------------
Organic Grass Hay
Premium -------------
Good -------------
Fair -------------
===================================================================
Monthly Organic Prices: OCT 07 SEP 07 AUG 07 3RD Qtr
2007
Food Grade Wheat
Feed Grade Wheat 9.09 8.73 8.44 8.31
Food Grade Corn
Feed Grade Corn 9.32 10.08 10.53 10.48
Food Grade Soybeans 14.59
Feed Grade Soybeans 15.82 14.41 15.50 14.52
Feed Grade Rye 5.15 5.09
Feed Grade Peas
Food Grade Oats
Feed Grade Oats 3.53 3.45 3.58 3.54
Feed Grade Barley 6.11 6.64 6.58 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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