Eastern U.S. Organic Grain and Feedstuffs

SPRINGFIELD - Sep 24/08 - 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 9/20/2008

Compared to two weeks ago, organic grain and feedstuff prices were
steady to weak.  Trading activity was slow for moderate offerings.
Feed grade corn and soybeans were steady to weak.  Small grains were lower
on heavy supples.  Feed corn and soybeans prices were pressured by lack
of producer selling.  With corn and soybean harvest approaching many producers
are waiting to see which direction the organic market will settle.
August 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
                                            9/24/08   9/6/08   9/22/07
Organic Corn
  Food Yellow             12.00-12.50        12.25
  Feed Yellow              9.50-11.75        10.54    11.35      9.18
Organic Soybeans
  Food Grade
  Feed Grade              25.00-26.50        25.60    27.17     15.18
  Soybean Meal(per/ton)
Organic Barley
  Feed Grade               7.47-8.10          7.79
Organic Oats
  Food Grade
  Feed Grade               5.10-5.60          5.35     5.58
Organic Wheat
  Food Grade (SWW)
  Food Grade (SRW)
  Feed Grade              10.07-10.50        10.40
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
			         AUG 08   JUL O8   JUN 08   2nd Qtr 08
							
Food Grade Wheat (SRW)           15.04    14.90             21.53
Food Grade Wheat (SWW)           14.90
Feed Grade Wheat                 10.30
Food Grade White Corn                     12.43
Feed Grade Corn                  11.88    10.80     9.93     9.95
Food Grade Soybeans
Feed Grade Soybeans              27.00    28.25    28.71    26.83
Feed Grade Barley                 8.72     9.60
Soybean Meal (per/ton)
Feed Grade Oats                   5.66     5.63     4.93     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).
=======================================================================

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

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