Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Jul 30/08 - 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      07/26/08

Compared to two weeks ago, organic grain and feedstuff prices were steady
to weaker on moderate demand and offerings.  The corn and soybean crops
have seen much improvement over the weeks with the warmer weather and
timely rains.  Some areas thought have seen some wind damage from recent
storms.  South Dakota's conventional spring wheat harvest is behind due
to rain.  For the week ending July 27, the USDA shows that very little
spring wheat has been harvested, compared to 30 percent a year ago and
26 percent for the five year average.  Winter wheat harvest is behind too.
National oat harvest is lagging too with only 18 percent completed this
week, compared to 41 percent last year.  Several tons of wheat mids sold
during the period from $280 to $300 per ton.  A few new crop corn sales
from $10.50 to $11.00 per bushel.  Monthly and second quarter average
prices located below.  All prices FOB the farm and negotiated spot
market.

                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                  07/26/08  07/12/05  07/28/07
Organic Corn
   Food Yellow
   Feed Yellow                 10.75- 11.25          10.87     11.06     10.88
Organic Soybeans
   Food Grade                  30.00- 30.50          30.38     31.33
   Feed Grade                  25.00- 28.50          26.36     26.56     15.68
   Soybean Meal
Organic Oats
   Food Grade
   Feed Grade                                                   6.00      3.36
Organic Barley
   Food Grade
   Feed Grade                                                             7.53
Organic Wheat
   Food Grade (SRW)                                            15.13
   Food Grade (HRW)            17.00- 18.00          17.44
   Feed Grade (HRW)            15.50- 16.25          15.86
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
   Fair
   Utility
Organic Grass Hay
   Premium
   Good
   Fair
Organic Straw
==============================================================================
Monthly and Quarterly Organic Prices
                          Jun 08      May 08    Jun 07    2nd Qtr 2008
Food Grade Corn
Feed Grade Corn           10.82       10.49     9.88      10.44
Food Grade Soybeans                   29.83     17.00     29.28
Feed Grade Soybeans       28.63       24.00     13.36     26.94
Food Grade Oats
Feed Grade Oats                                 3.48
Feed Grade Barley         8.71                  5.44      8.11
Food Grade Wheat
Feed Grade Wheat                                          15.36 (SRW)
Feed Grade Rye                                            12.15
Feed Grade Peas
Food Grade Golden Flax                                    35.52
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.


Source:

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