Eastern U.S. Organic Grain and Feedstuffs

SPRINGFIELD - Apr 9/08 - 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 4/5/2008

Organic grain and feedstuff prices were mixed compared to
two weeks ago.  Demand was light to moderate for light offerings.
Feed grade corn and soybeans was mixed, with soybeans higher and
corn lower.  Wheat prices were not established.  Corn prices were
steady to weak on light demand.  Tight supplies and lack of soybean
movement coming in from South America supported higher soybean prices.
Spelt contracts offered 11.00 to 12.00 per bushel.
Monthly and 1st quarter averages of organic prices located below.
All prices FOB the farm and negotiated spot market.


                              FOB                  FOB
                           Price/Bu          WEIGHTED AVERAGE
                                            4/9/08      3/22/08
Organic Corn
  Food Yellow             -----------       -----       -----
  Feed Yellow              9.06-10.00        9.76       10.55
Organic Soybeans
  Food Grade              -----------       -----       -----
  Feed Grade              25.00-29.50       26.91       26.49
  Soybean Meal(per/ton)   -----------       -----     1125.00
Organic Barley
  Feed Grade              -----------       -----       -----
Organic Oats
  Food Grade              -----------       -----       -----
  Feed Grade              -----------       -----       5.32
Organic Wheat
  Food Grade (SRW)        -----------       -----       14.50
  Feed Grade (Spelt)      -----------       -----       -----
==================================================================
Organic Alfalfa            Per Ton/FOB
  Supreme                 -------------    -------
  Premium                 -------------    -------
  Good                    -------------    -------
  Fair                    -------------    -------
  Utility                 -------------    -------
Organic Grass Hay
  Premium                 -------------    -------
  Good                    -------------    -------
  Fair                    -------------    -------

==================================================================
Monthly Organic Prices:          MAR 08   FEB O8   JAN 08   1st Qtr
							      2008
Food Grade Wheat                 14.50    13.75    14.88    14.57
Feed Grade Wheat                                   13.67    10.73
Food Grade Corn
Feed Grade Corn                  10.27     9.77     9.69     9.82
Food Grade Soybeans                       24.41    23.84    24.05
Feed Grade Soybeans              26.21    24.45    20.76    22.45
Feed Grade Barley
Soybean Meal (per/ton)         1106.25   915.00   905.00  1008.25
Feed Grade Oats                   5.32

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