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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - May 7/08 - 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 5/3/2008
Compared to two weeks ago, organic grain and feedstuff prices were
steady to firm. Trading activity was slow with light demand for
organic ingredients. Feed grade corn and soybeans were steady.
Tight supplies helped to push soybeans and wheat prices higher.
Buyers are looking ahead to harvest time to help improve depleading
wheat supplies. Organic field peas have been reported replacing
soybeans as an alternative protein supplement . Trading this week
was organic spelt(cleaned)ranging from .52 cents/lb. to .62 cents/lb.
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
5/3/08 4/19/08
Organic Corn
Food Yellow
Feed Yellow 9.65-10.25 10.05 10.09
Organic Soybeans
Food Grade
Feed Grade 25.21
Soybean Meal(per/ton)
Organic Barley
Feed Grade
Organic Oats
Food Grade
Feed Grade 5.48
Organic Wheat
Food Grade (SRW) 18.00-25.00 21.53
Feed Grade
Organic Peas
Feed Grade
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Organic Alfalfa Per Ton/FOB
Supreme
Premium
Good
Fair
Utility
Organic Grass Hay
Premium
Good
Fair
Utility
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Monthly and Quaterly 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
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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).
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Source: USDA-Illinois Dept Ag Market News, Springfield, IL
--- STAT News Service
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