Eastern U.S. Organic Grain and Feedstuffs

SPRINGFIELD - Jun 18/08 - 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 6/14/2008

Compared to two weeks ago, organic grain and feedstuff prices were
steady.  Trading activity was light for light to moderate offerings.
Feed grade corn and soybeans prices were steady to firm.  Weather concerns
with heavy rainfall for many areas in the Midwest supported prices.
Buying interest was moderate as dealers look to lock in new crop contracts.
However, many producers elect not to lock in prices with the uncertainity
of this year's crop.  Reports of new crop contracts for food grade Soft Red
Wheat ranging from 13.00 to 14.00 per bushel and Soft White Wheat ranging
from 14.00 to 15.00 per bushel.  New crop feed grade soybeans from
24.00 to 25.00 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
                                            6/14/08   5/31/08   6/16/07
Organic Corn
  Food Yellow
  Feed Yellow              9.64-10.47       10.13      9.78     11.40
Organic Soybeans
  Food Grade
  Feed Grade                                          28.71     14.57
  Soybean Meal(per/ton)
Organic Barley
  Feed Grade
Organic Oats
  Food Grade
  Feed Grade               4.60-5.35         4.93
Organic Wheat
  Food Grade (SRW)
  Feed Grade
Organic Peas
  Feed Grade
==================================================================
Organic Alfalfa            Per Ton/FOB
  Supreme
  Premium
  Good
  Fair
  Utility
Organic Grass Hay
  Premium
  Good
  Fair
  Utility
==================================================================
Monthly and Quaterly Organic Prices
			         MAY 08   APR O8   MAR 08   1st Qtr 08
							
Food Grade Wheat                 21.53             14.50    14.57
Feed Grade Wheat                                            10.73
Food Grade Corn
Feed Grade Corn                  10.04     9.91    10.27     9.82
Food Grade Soybeans                       24.41             24.05
Feed Grade Soybeans              26.75    25.93    26.21    22.45
Feed Grade Barley
Soybean Meal (per/ton)                           1106.25  1008.25
Feed Grade Oats                   5.68     5.48     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).
=======================================================================

Source: USDA-Illinois Dept Ag Market News, Springfield, IL

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