Eastern U.S. Organic Grain and Feedstuffs

SPRINGFIELD - Jan 16/08 - 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 01/12/2008

Organic grain and feedstuff prices were steady to firm compared
to two weeks ago.  Corn and wheat prices were steady and soybeans
was higher. Small grains were not established.  Aggresive buying
interest continue to carry soybean prices higher. Corn and wheat was
steady on moderate offerings and good demand.  Growing interest due
to higher prices have encourage producers to make additional sales.
Reports of new crop corn being contracted for 9.50-10.50, new crop
feed grade beans contracts ranging from 19.00-23.00, with food grade
soybeans ranging from 23.00-25.00.
Monthly and 4th quarter averages of organic prices located below.
All prices FOB the farm and negotiated spot market.



                              FOB                  FOB
                           Price/Bu          WEIGHTED AVERAGE
                                            1/16/08      1/2/08
Organic Corn
  Food Yellow             -----------       -----       -----
  Feed Yellow              9.45-10.50        9.89       10.05
Organic Soybeans
  Food Grade              -----------       -----       -----
  Feed Grade              20.00-23.00       21.00       19.33
  Soybean Meal(per/ton)   -----------       -----       -----
Organic Barley
  Feed Grade              -----------       -----       -----
Organic Oats
  Food Grade              -----------       -----       -----
  Feed Grade              -----------       -----       -----
Organic Wheat
  Food Grade              15.50-17.00       16.25       -----
  Feed Grade              13.50-14.00       13.75       13.50
==================================================================
Organic Alfalfa            Per Ton/FOB
  Supreme                 -------------    -------
  Premium                 -------------    -------
  Good                    -------------    -------
  Fair                    -------------    -------
  Utility                 -------------    -------
Organic Grass Hay
  Premium                 -------------    -------
  Good                    -------------    -------
  Fair                    -------------    -------

==================================================================
Monthly Organic Prices:          DEC 07   NOV O7   OCT 07   4th Qtr
							      2007
Food Grade Wheat
Feed Grade Wheat                 12.40    10.77     8.80    10.73
Food Grade Corn
Feed Grade Corn                   9.89     9.42     9.76     9.64
Food Grade Soybeans              20.64
Feed Grade Soybeans              16.37    16.37    15.97    16.41
Feed Grade Barley                                   7.42
Soybean Meal (per/ton)                   697.00   666.00   675.75
Food Grade Oats
Feed Grade Oats                   4.27     3.52     3.75     3.73

====================================================================
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

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