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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Aug 14/08 - 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 8/9/2008
Compared to two weeks ago, organic grain and feedstuff prices were
steady to higher. Trading activity was moderate for light to moderate
offerings. Feed grade corn was higher on good demand. Food grade
soft red wheat was steady to firm. Small grains were steady.
This week, few cases have showed test weights for new crop wheat lower
than last year. Test weights have been reported averaging 57 lbs/per bushel.
Monthly and 2nd quarter averages of organic prices located below.
All prices FOB the farm and negotiated spot market.
FOB FOB
Price/Bu WEIGHTED AVERAGE
8/9/08 7/26/08 8/11/07
Organic Corn
Food Yellow
Feed Yellow 10.50-12.25 11.91 11.05 9.66
Organic Soybeans
Food Grade
Feed Grade 29.78 15.17
Soybean Meal(per/ton)
Organic Barley
Feed Grade 8.45-9.00 8.73 6.30
Organic Oats
Food Grade
Feed Grade 5.44-5.75 5.66 5.63 3.12
Organic Wheat
Food Grade (SRW) 14.00-16.25 14.76
Feed Grade 7.63
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
JUL 08 JUN O8 MAY 08 2nd Qtr 08
Food Grade Wheat 14.90 21.53 21.53
Feed Grade Wheat
Food Grade White Corn 12.43
Feed Grade Corn 10.80 9.93 10.04 9.95
Food Grade Soybeans
Feed Grade Soybeans 28.25 28.71 26.75 26.83
Feed Grade Barley 9.60
Soybean Meal (per/ton)
Feed Grade Oats 5.63 4.93 5.68 5.57
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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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