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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Jan 2/08 - 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 12/29/2007
Organic grain and feedstuff prices were mostly higher compared
to two weeks ago. Soybeans prices were higher and corn was steady.
The holiday season contributed to the decline in trading activity.
Strong buying interest and tight supplies helped to drive soybean
prices higher. Corn and wheat was steady on good demand.
Monthly and 3rd quarter averages of organic prices located below.
All prices FOB the farm and negotiated spot market.
FOB FOB
Price/Bu WEIGHTED AVERAGE
01/2/08 12/19/07
Organic Corn
Food Yellow ----------- ----- -----
Feed Yellow 9.00-10.50 10.05 10.05
Organic Soybeans
Food Grade ----------- ----- 20.64
Feed Grade 17.00-20.00 19.33 16.75
Soybean Meal(per/ton) ---------- ----- -----
Organic Barley
Feed Grade ---------- ----- -----
Organic Oats
Food Grade ---------- ----- -----
Feed Grade ---------- ----- 4.27
Organic Wheat
Food Grade ---------- ----- -----
Feed Grade 13.00-14.00 13.50 -----
==================================================================
Organic Alfalfa Per Ton/FOB
Supreme ------------- -------
Premium ------------- -------
Good ------------- -------
Fair ------------- -------
Utility ------------- -------
Organic Grass Hay
Premium ------------- -------
Good ------------- -------
Fair ------------- -------
==================================================================
Monthly Organic Prices: NOV 07 OCT O7 SEP 07 3rd Qtr
2007
Food Grade Wheat
Feed Grade Wheat 10.77 8.80 7.85 7.76
Food Grade Corn
Feed Grade Corn 9.42 9.76 9.99 10.44
Food Grade Soybeans
Feed Grade Soybeans 16.37 15.97 14.99 15.05
Feed Grade Barley 7.42
Soybean Meal (per/ton) 697.00 666.00
Food Grade Oats
Feed Grade Oats 3.52 3.75
====================================================================
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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