Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Apr 9/09 - 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      04/05/09

Organic grain and feedstuff prices were mostly lower on light demand and
offerings with slow market activity.  Players in the organic market
remain cautious at the direction the market is taking.  Market activity
was slightly more than a couple weeks ago but still rather stagnant.
New crop contracts are being reported.  Sales of new crop feed grade
soybeans are being reported from $16.00 to $18.00 per bushel.  New crop
food grade soybean contracts are from $19.00 to $24.00 per bushel.
It is expected that fewer organic acres will be planted this year,
compared to last year.  Monthly and fourth quarter average prices
located below.  All prices FOB the farm and negotiated spot market.

                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                  04/04/09  03/21/09  03/23/08
Organic Corn
   Food Yellow
   Feed Yellow                  6.50- 8.25            7.48      7.78     10.27
Organic Soybeans
   Food Grade                  19.50- 21.00          19.73               29.25
   Feed Grade                  17.00- 19.00          17.83     17.77     24.45
   Soybean Meal
Organic Oats
   Food Grade
   Feed Grade                   4.00- 4.50            4.26
Organic Barley
   Food Grade
   Feed Grade                   6.50- 7.50            6.88                8.05
Organic Wheat
   Food Grade (Spring)
   Food Grade (HRW)             9.25- 10.00           9.81
   Feed Grade (HRW)             7.00- 8.00            7.38
   Food Grade
   Feed Grade
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                190.00-198.00
   Premium                170.00-180.00
   Good                   159.00-169.00
   Fair
   Utility
Organic Grass Hay
   Premium
   Good
   Fair
Organic Straw
==============================================================================
Monthly and Quarterly Organic Prices
                          Feb 09      Jan 09    Feb 08    4th Qtr 2008
Food Grade Corn
Feed Grade Corn           8.17        8.52      10.07     9.52
Food Grade Soybeans                   21.62     26.29     25.13
Feed Grade Soybeans       18.20       18.96     22.73     21.84
Food Grade Oats
Feed Grade Oats           4.67                  5.05      4.17
Feed Grade Barley         7.86        7.98                7.23
Food Grade Wheat                                16.98
Feed Grade Wheat
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)
Food Grade Wheat (HRW)                                    13.14
Feed Grade Wheat (HRW)    7.62        9.08                9.37
Food Grade Wheat (Spring)
Feed Grade Wheat (Spring)
Feed Grade Rye                                            9.30
Feed Grade Peas           11.91                           14.09
Food Grade Golden Flax
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.


Source:

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