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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Dec 16/09 - 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 12/12/2009
Compared to two weeks ago, organic grain and feedstuffs traded steady
to weak. Demand was light for moderate offerings. Benefical snow
showers and cold temperatures helped to freeze fields which allowed
producers to complete harvest duties. Trading activity remained slow
due to lower than expected test weights and high moisture levels.
November monthly and 3rd quarter averages of organic prices
located below. All prices FOB the farm and negotiated spot market.
FOB FOB
Price/Bushel WEIGHTED AVERAGE
12/12/09 11/28/09 12/13/08
Organic Corn
Food Yellow 7.40-8.00 7.92
Feed Yellow 6.00-6.56 6.21 6.10 8.58
Organic Soybeans
Food Grade
Feed Grade 15.30-18.00 17.23 16.26 20.09
Soybean Meal($/ton) 775.00-820.00 790.19 803.00
Roasted ($/ton) 792.50
Organic Barley
Feed Grade
Organic Oats
Food Grade
Feed Grade 3.00-3.60 3.31
Organic Wheat
Food Grade (WW)
Food Grade (SRW)
Feed Grade (SRW)
Organic Peas
Feed Grade
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Organic Alfalfa Hay Per Ton/FOB
Supreme
Premium
Good
Fair
Utility
Organic Grass Hay
Premium
Good
Fair
Utility
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Monthly and Quarterly Organic Prices
NOV 09 OCT O9 SEP 09 3rd Qtr 09
Food Grade Wheat (WW)
Food Grade Wheat (SRW) 6.07 9.77
Feed Grade Wheat (SRW) 5.10 5.71 5.79 6.84
Food Grade Yellow Corn 8.20 8.20 8.82
Feed Grade Corn 6.17 6.31 6.94 8.00
Food Grade Soybeans 23.62 20.50 22.81
Feed Grade Soybeans 16.67 18.28 18.27 19.04
Feed Grade Barley 4.05 4.52 6.25 6.49
Soybean Meal ($/ton) 801.67 807.00 855.00 910.67
Roasted beans($/ton) 791.17
Feed Grade Oats 3.81 3.53 3.71 3.89
Feed Grade Peas
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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).
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Source: USDA-Illinois Dept Ag Market News, Springfield, IL
--- STAT News Service
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