Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Apr 23/08 - 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 the Week Ending      04/19/08

Organic grain and feedstuff prices were nearly unchanged on light demand and
light offerings, compared to two weeks ago.  Corn movement was moderate, while
soybean movement was practically void.  Possible soybeans being imported from
China but market feels there will be more soybean imports from South America
in the near future.  Oat plantings in Iowa are 15 percent complete, compared
to the 5 year average of 75 percent.  The Eastern Cornbelt was able to put
some oats in last week.  New crop oat bids $6.50 to $7.00 per bushel.  Organic
wheat midds trading from $275 per ton to $300 per ton.  Monthly and first
quarter average prices located below.  All prices FOB the farm and negotiated
spot market.

                                     FOB                           FOB
                                Price/Bushel                 Weighted Average
                                                            04/05/08  03/22/08
Organic Corn
   Food Yellow
   Feed Yellow                  9.50- 11.00                    10.19     10.18
Organic Soybeans
   Food Grade                  27.00- 29.50                    28.94
   Feed Grade
   Soybean Meal
Organic Oats
   Food Grade
   Feed Grade
Organic Barley
   Food Grade
   Feed Grade
Organic Wheat
   Food Grade
   Feed Grade
Organic Wheat
   Food Grade
   Feed Grade
Organic Rye
   Feed Grade
Organic Peas
   Feed Grade
Organic Brown Flax (cents per pound)
   Food Grade
   Feed Grade
Organic Golden Flax (cents per pound)
   Food Grade
   Feed Grade
==============================================================================
Organic Alfalfa                 Per Ton/FOB
   Supreme
   Premium
   Good                       180.00- 200.00
   Fair
   Utility                    120.00- 130.00
Organic Grass Hay
   Premium
   Good
   Fair
Organic Straw
==============================================================================
Monthly and Quarterly Organic Prices
                          Mar 08      Feb 08    Mar 07    1st Qtr 2008
Food Grade Corn
Feed Grade Corn           10.37       10.07     6.46      10.17
Food Grade Soybeans       29.25       26.29     16.24     23.88
Feed Grade Soybeans       25.33       22.73     12.93     23.58
Food Grade Oats
Feed Grade Oats           5.75        5.05      3.40      4.85
Feed Grade Barley         8.05                            7.92
Food Grade Wheat                      16.98               17.14
Feed Grade Wheat
Feed Grade Rye            11.00                           11.00
Feed Grade Peas                                 9.00
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.


Source:

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