Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Mar 12/08 - SNS -- Bi-weekly USDA report on organic grain and feedstuffs prices in the U.S. upper midwest.

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Upper Midwest Organic Grain & Feedstuffs Report (Bi-Weekly)
Weighted Average Report for Week Ending 3/09/2008

Organic grain and feedstuff prices steady to higher on light demand and
offerings compared to two weeks ago.  Soybeans were higher and corn steady.
Livestock producers talk about switching from organic to non-gmo, due to cost
of feed.  Processors are looking at their options, maybe going to fill needs
with non-gmo soybeans.  Reports of food grade oats selling for between 7.00
and 8.00 per bushel.  New crop bean contracts ranging from 22.00 for low
protein beans to 30.00 for high protein beans.  Just have to wait and see how
all this shakes out.
Monthly and 4rd quarter average prices located below.  All prices FOB the
farm and negotiated spot market.

                              FOB                  FOB
                           Price/Bu          WEIGHTED AVERAGE
                                            3/09/08    2/23/08
Organic Corn
  Food Yellow             ---------          ----       ----
  Feed Yellow             9.25-10.50         9.82        9.91
Organic Soybeans
  Food Grade             -----------        -----       -----
  Feed Grade             24.00-28.00        25.47       22.98
  Soybean Meal           -----------        -----       -----
Organic Peas
  Feed Grade             -----------        -----       -----
Organic Oats
  Food Grade             ----------         -----       -----
  Feed Grade             5.25-5.75           5.51        5.20
Organic Wheat
  Food Grade             ----------         -----       -----
  Feed Grade             ----------         -----       -----
Organic Barley
  Feed Grade             ----------         -----       -----
Organic Rye
  Feed Grade             ----------         -----       -----
===================================================================
Organic Feed Mix
  Barley/Oat/Peas        ----------         -----       -----
===================================================================
Organic Alfalfa            Per Ton/FOB
  Supreme                 -------------
  Premium                 190.00-200.00
  Good                    -------------
  Fair                    -------------
  Utility                 140.00-155.00
Organic Grass Hay
  Premium                 -------------
  Good                    -------------
  Fair                    -------------

===================================================================
Monthly Organic Prices: FEB 07    JAN 07   DEC 07     4th Qtr
                                                       2007
Food Grade Wheat      	 16.98     17.14
Feed Grade Wheat                                       9.10
Food Grade Corn     	
Feed Grade Corn         10.07      9.64     9.07       9.22
Food Grade Soybeans     26.29     23.08    19.94      19.96
Feed Grade Soybeans     22.73     21.09    17.43      16.32
Feed Grade Rye
Feed Grade Peas
Food Grade Oats    	
Feed Grade Oats          5.05      4.65     4.15       3.85
Feed Grade Barley                           7.13       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

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STAT News Service