Eastern U.S. Organic Grain and Feedstuffs

SPRINGFIELD - Oct 9/08 - 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 10/4/2008

Compared to two weeks ago, organic grain and feedstuff prices were
steady to weak.  Trading activity was slow for light to moderate offerings.
Feed grade corn and wheat was steady to weak.  Feed grade soybeans were
lower in reaction to lack of buying interest.  The state of the econcomy have
influenced prices this week more than market fundamentals, resulting in lower
prices.  Producer selling was active as few sales of new crop corn and
soybeans have reached the market.
September monthly and 3rd quarter averages of organic prices located below.
All prices FOB the farm and negotiated spot market.


                              FOB                      FOB
                           Price/Bu              WEIGHTED AVERAGE
                                            10/4/08   9/24/08   10/6/07
Organic Corn
  Food Yellow                                         12.25
  Feed Yellow             10.00-10.50        10.25    10.54      9.64
Organic Soybeans
  Food Grade
  Feed Grade              23.00-26.00        24.89    25.60     15.78
  Soybean Meal(per/ton)
Organic Barley
  Feed Grade                                           7.79      7.35
Organic Oats
  Food Grade
  Feed Grade                                           5.35      3.75
Organic Wheat
  Food Grade (SWW)
  Food Grade (SRW)
  Feed Grade              10.25-10.50        10.39    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
			         SEP 08   AUG O8   JUL 08   3rd Qtr 08
							
Food Grade Wheat (SRW)                    15.04    14.90    14.99
Food Grade Wheat (SWW)                    14.90             14.90
Feed Grade Wheat                 10.39    10.30             10.34
Food Grade White Corn            12.25             12.43    12.39
Feed Grade Corn                  10.85    11.88    10.80    11.39
Food Grade Soybeans
Feed Grade Soybeans              26.19    27.00    28.25    27.48
Feed Grade Barley                 7.79     8.72     9.60     8.47
Soybean Meal (per/ton)
Feed Grade Oats                   5.47     5.66     5.63     5.56

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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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