Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - May 20/09 - 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      05/16/09

Organic grain and feedstuff prices were mostly steady on moderate demand and
offerings with slow market activity, compared to two weeks ago.  Demand for
feed grade soybeans has picked up over the past couple of weeks, pushing
prices higher.  Planting progress continues to lag.  According to the USDA,
as of May 17, 62 percent of the conventional corn crop was planted, down from
the 5 year average of 85 percent.  North Dakota's corn planting progress was
23 percent versus 75 percent for the 5 year average.  Soybean planting progress
was 25 percent completed, compared to the average of 44 percent.  Monthly and
first quarter average prices located below.  All prices FOB the farm and
negotiated spot market.

                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                  05/16/09  05/02/09  05/03/08
Organic Corn
   Food Yellow
   Feed Yellow                  6.75- 7.75            7.05      7.48     10.40
Organic Soybeans
   Food Grade
   Feed Grade                  17.75- 20.50          19.18     17.70
   Soybean Meal
Organic Oats
   Food Grade
   Feed Grade                   4.00- 4.25            4.17      4.14
Organic Barley
   Food Grade
   Feed Grade                   5.75- 6.25            6.08      6.06
Organic Wheat
   Food Grade (Spring)
   Food Grade (HRW)
   Feed Grade (HRW)             6.50- 8.75            7.11
   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
   Premium
   Good
   Fair
   Utility
Organic Grass Hay
   Premium
   Good
   Fair
Organic Straw
==============================================================================
Monthly and Quarterly Organic Prices
                          Apr 09      Mar 09    Apr 08    1st Qtr 2009
Food Grade Corn
Feed Grade Corn           7.45        7.59      10.26     8.16
Food Grade Soybeans       20.10       20.19     28.59     21.04
Feed Grade Soybeans       17.70       17.71     26.79     18.00
Food Grade Oats
Feed Grade Oats           4.14        4.26                4.45
Feed Grade Barley         6.09        7.27      8.00      7.55
Food Grade Wheat                                25.00
Feed Grade Wheat                                15.75
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)
Food Grade Wheat (HRW)                9.81                10.14
Feed Grade Wheat (HRW)    7.66        7.62                7.89
Food Grade Wheat (Spring)
Feed Grade Wheat (Spring)
Feed Grade Rye
Feed Grade Peas                       11.91     13.50     11.91
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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