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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Feb 13/08 - 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 02/9/2008
Organic grain and feedstuff prices were steady to higher compared
to two weeks ago. Tight supplies and lack of producer selling
helped to strengthen soybean prices. Corn and wheat prices were
steady to firm on moderate demand. With the South American harvest
slightly behind schedule many end users will be searching longer for
available soybean ingredients. Reports of buyers backing off due to
higher organic prices weakened demand.
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
2/13/08 1/30/08
Organic Corn
Food Yellow ----------- ----- -----
Feed Yellow 9.45-10.00 9.71 9.42
Organic Soybeans
Food Grade 24.00-24.50 24.41 23.84
Feed Grade 22.00-25.00 24.00 21.52
Soybean Meal(per/ton) ----------- ----- 905.00
Organic Barley
Feed Grade ----------- ----- -----
Organic Oats
Food Grade ----------- ----- -----
Feed Grade ----------- ----- -----
Organic Wheat
Food Grade (SRW) 13.50-14.00 13.75 -----
Feed Grade ----------- ----- -----
==================================================================
Organic Alfalfa Per Ton/FOB
Supreme ------------- -------
Premium ------------- -------
Good ------------- -------
Fair ------------- -------
Utility ------------- -------
Organic Grass Hay
Premium ------------- -------
Good ------------- -------
Fair ------------- -------
==================================================================
Monthly Organic Prices: JAN 08 DEC O7 NOV 07 4th Qtr
2007
Food Grade Wheat 14.88
Feed Grade Wheat 13.67 12.40 10.77 10.73
Food Grade Corn
Feed Grade Corn 9.69 9.89 9.42 9.64
Food Grade Soybeans 23.84 20.64
Feed Grade Soybeans 20.76 16.69 16.37 16.41
Feed Grade Barley
Soybean Meal (per/ton) 905.00 697.00 675.75
Food Grade Oats
Feed Grade Oats 4.27 3.52 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
--- STAT News Service
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