Eastern U.S. Organic Grain and Feedstuffs

SPRINGFIELD - Mar 12/08 - SNS -- Bi-weekly USDA report on organic grain and feedstuffs prices in the eastern cornbelt in the United States.

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Eastern Cornbelt Organic Grain & Feedstuffs Report (Bi-Weekly)
Weighted Average Report for Week Ending 03/08/2008

Organic grain and feedstuff prices were steady to higher compared to
two weeks ago.  Feed grade corn was steady, as soybeans continue to
climb higher. Wheat prices were not established.  Demand was light to
moderate for light offerings.  Processors and livestock producers are pulling
back from purchases.  There are reports of dairies and livestock feeders
switching to non-gmo feed.  Cost of feed and the inability to pass on these
costs are listed as the main reasons for the switch.
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
                                            3/08/08    2/23/08
Organic Corn
  Food Yellow             ----------        -----       -----
  Feed Yellow             9.30-11.00        9.71        9.82
Organic Soybeans
  Food Grade              -----------       -----       -----
  Feed Grade              23.00-27.00       25.42       24.67
  Soybean Meal(per/ton)  1000.00-1175.00   1100.00     915.00
Organic Barley
  Feed Grade              -----------       -----       -----
Organic Oats
  Food Grade              -----------       -----       -----
  Feed Grade               5.25-5.75         5.41       -----
Organic Wheat
  Food Grade (SRW)        -----------       -----       -----
  Feed Grade              -----------       -----       -----
==================================================================
Organic Alfalfa            Per Ton/FOB
  Supreme                 -------------    -------
  Premium                 -------------    -------
  Good                    -------------    -------
  Fair                    -------------    -------
  Utility                 -------------    -------
Organic Grass Hay
  Premium                 -------------    -------
  Good                    -------------    -------
  Fair                    -------------    -------

==================================================================
Monthly Organic Prices:          FEB 08   JAN O8   DEC 07   4th Qtr
							      2007
Food Grade Wheat                 13.75    14.88
Feed Grade Wheat                          13.67    12.40    10.73
Food Grade Corn
Feed Grade Corn                   9.77     9.69     9.89     9.64
Food Grade Soybeans              24.41    23.84
Feed Grade Soybeans              24.45    20.76    16.69    16.41
Feed Grade Barley
Soybean Meal (per/ton)          915.00   905.00            675.75
Food Grade Oats
Feed Grade Oats                                     4.27     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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