Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Mar 10/10 - 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      03/06/10

Compared to two weeks ago, organic grain and feedstuff prices were mostly
steady with light demand and offerings. Feed corn with a 54 pound or less
test weight was reported from $4.80-$4.95/bushel. Moisture and test weight
issues continue to plague the Upper Midwest corn market and flooding concerns
have become imminent in some areas as the snow melts and spring rains begin.
Barley trade was slow during this period, as was wheat. Some producers are
contemplating selling their wheat on the conventional market as planting
season draws near and storage space is limited. Monthly and fourth quarter
average prices are located below. All prices FOB the farm and negotiated
spot market.

                                     FOB                       FOB

                                Price/Bushel            Weighted Average
                                                  3/6/2010  02/20/10  02/21/09
Organic Corn
   Food Yellow
   Feed Yellow                  5.00- 6.25            5.54      5.38      8.13
Organic Soybeans
   Food Grade
   Feed Grade                  15.50- 18.00          17.21     16.62     18.41
   Meal ($/ton)               740.00- 775.00        753.00    757.92
   Roasted ($/ton)
Organic Oats
   Feed Grade                   3.75- 4.20            3.97                4.67
Organic Barley
   Food Grade
   Feed Grade                                                             7.86
Organic Brown Flax
   Food Grade
   Feed Grade
Organic Golden Flax
   Food Grade
   Feed Grade
Organic Wheat
   Food Grade HRS
   Feed Grade HRS
   Food Grade SRW
   Feed Grade SRW
   Food Grade HRW
   Feed Grade HRW               4.00- 5.00            4.35      4.46      7.82
   Food Grade White
   Food Grade Durum
Organic Rye
   Feed Grade
Organic Field Peas                                                       11.91
   Feed Grade                   8.00- 9.00            8.40
==============================================================================
Organic Alfalfa                 Per Ton/FOB
   Supreme
   Premium
   Good
   Fair
   Utility
Organic Grass Hay
   Premium
   Good
   Fair
Organic Straw

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).

==============================================================================
Monthly and Quarterly Organic Prices (Weighted Average)
                            Jan 10    Dec 09    Jan 09    4th Qtr 2009
Food Grade Corn                       8.26                8.14
Feed Grade Corn                 5.45  5.34      8.52      5.44
Food Grade Soybeans            20.98  20.29     21.62     20.18
Feed Grade Soybeans            15.82  16.97     18.96     17.19
Roasted Soybeans (ton)                                    759.62
Soybean Meal (ton)            781.87  787.78              803.44
Feed Grade Oats                 3.16  3.39                3.35
Feed Grade Barley               4.71            7.98      4.20
Food Grade Brown Flax          24.77  25.16               25.17
Feed Grade Brown Flax
Food Grade Golden Flax         28.12  29.11               29.15
Feed Grade Golden Flax
Food Grade Wheat (HRS)                                    8.82
Feed Grade Wheat (HRS)
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)                                    5.32
Food Grade Wheat (HRW)                7.48                7.28
Feed Grade Wheat (HRW)          4.70            9.08      5.02
Food Grade White Wheat
Food Grade Durum Wheat                                    8.92
Feed Grade Rye
Feed Grade Peas                       9.85                9.63
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.


Source:

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