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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Jun 30/10 - 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 6/26/2010
Compared to two weeks ago, organic grain and feedstuff prices were
steady. Demand was light for moderate offerings. Trading activity
was good for feed grade corn and light for soybeans. Above average
precipitation was received throughout much of the cornbelt which
caused varying degrees of damage to crops. In contrast, eastern area
states have encountered drier weather that depleted the soil moisture
which is necessary for crops to develop.
Monthly and 1st quarter averages of organic prices located below.
All prices FOB the farm and negotiated spot market.
FOB FOB
Price/Bushel WEIGHTED AVERAGE
6/26/10 6/12/10 6/27/09
Organic Corn
Food Yellow 6.88
Feed Yellow 4.75-5.79 5.25 5.11 7.98
Organic Soybeans
Food Grade 20.51
Feed Grade 16.20-17.00 16.66 16.46 20.50
Soybean Meal($/ton) 749.89
Roasted ($/ton)
Organic Barley
Feed Grade 6.60
Organic Oats
Food Grade
Feed Grade 4.16
Organic Wheat
Food Grade (WW)
Food Grade (SRW)
Feed Grade (SRW) 4.70-4.85 4.83
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
MAY 10 APR 10 MAR 10 1st Qtr 10
Food Grade Wheat (WW) 7.31
Food Grade Wheat (SRW) 7.17 7.00 6.52
Feed Grade Wheat (SRW) 5.40 5.75 5.00 5.72
Food Grade Yellow Corn 7.00 7.01 7.00 7.04
Feed Grade Corn 5.40 5.75 5.98 6.10
Food Grade Soybeans 21.35 20.62 22.07 21.61
Feed Grade Soybeans 16.56 17.23 17.08 16.91
Feed Grade Barley 4.39 4.98 4.90 4.75
Soybean Meal ($/ton) 770.00 782.50 770.42
Roasted beans($/ton) 760.00
Feed Grade Oats 2.92 2.97 3.60 3.41
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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