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Upper U.S. Midwest Organic Grain and FeedstuffsDES MOINES - Jan 30/08 - 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 1/26/2008
Organic grain and feedstuff prices continue the rollercoaster ride compared
to two weeks ago. Coarse grain prices firm to 1.00 higher
on light offerings and very good demand. Small grains steady to firm
on light offerings and good demand. There are sales of HRW wheat
from 12.00 to 14.50 per bushel for food, and SRW for over 20.00/bu. Alfalfa
hay steady. Processors are continuing to look for more
organic commodities. Buyers are reporting wheat and soybeans
being very hard to locate. The talk among industry is the slowdown
in imports from Asia of soybean and wheat. Monthly and 4rd quarter average
prices located below. All prices FOB the farm and negotiated spot market.
FOB FOB
Price/Bu WEIGHTED AVERAGE
1/30/08 1/16/08
Organic Corn
Food Yellow --------- ---- ----
Feed Yellow 8.75-10.00 9.74 9.51
Organic Soybeans
Food Grade 23.00-24.00 23.52 22.92
Feed Grade 20.00-22.00 21.82 20.51
Soybean Meal ----------- ----- -----
Organic Peas
Feed Grade ----------- ----- -----
Organic Oats
Food Grade ---------- ----- -----
Feed Grade ---------- ----- 4.60
Organic Wheat
Food Grade ----------- ----- 17.14
Feed Grade ----------- ----- 13.54
Organic Barley
Feed Grade ---------- ----- -----
Organic Rye
Feed Grade ---------- ----- -----
===================================================================
Organic Feed Mix
Barley/Oat/Peas ---------- ----- -----
===================================================================
Organic Alfalfa Per Ton/FOB
Supreme -------------
Premium 200.00-225.00
Good -------------
Fair -------------
Utility -------------
Organic Grass Hay
Premium -------------
Good -------------
Fair -------------
===================================================================
Monthly Organic Prices: DEC 07 NOV 07 OCT 07 4th Qtr
2007
Food Grade Wheat
Feed Grade Wheat 9.09 9.10
Food Grade Corn
Feed Grade Corn 9.07 9.25 9.32 9.22
Food Grade Soybeans 19.94 19.96
Feed Grade Soybeans 17.43 15.79 15.82 16.32
Feed Grade Rye
Feed Grade Peas
Food Grade Oats
Feed Grade Oats 4.15 3.91 3.53 3.85
Feed Grade Barley 7.13 6.11 6.78
=====================================================================
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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