Eastern U.S. Organic Grain and Feedstuffs

SPRINGFIELD - Oct 22/08 - 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 10/18/2008

Compared to two weeks ago, organic grain and feedstuff prices were
steady to lower.  Trading activity was light for light to moderate
offerings.  Feed grade corn and soybean was lower.  Feed grade wheat
was steady.  With organic corn and soybean prices drifting lower, producer
selling has increased mainly due to economic uncertainty.  Forecasts
calling for rainfall in the cornbelt region which may delay harvest progress.
Reports of spelt dehulled ranging from .41 cents/lb. to .51 cents/lb.
Feed grade barley ranging from 7.25 to 7.75 per bushel.
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
                                            10/18/08  10/4/08   10/20/07
Organic Corn
  Food Yellow
  Feed Yellow              9.75-10.75        10.30    10.25      9.87
Organic Soybeans
  Food Grade
  Feed Grade              21.00-23.00        21.92    24.89     16.08
  Soybean Meal(per/ton)
Organic Barley
  Feed Grade                                                     7.35
Organic Oats
  Food Grade
  Feed Grade               5.00-6.00          5.60
Organic Wheat
  Food Grade (SWW)
  Food Grade (SRW)
  Feed Grade              10.00-10.47        10.27    10.39
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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