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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Jul 28/10 - 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 7/24/2010
Compared to two weeks ago, organic grain and feedstuff prices were
mostly steady. Demand was light to moderare for moderate offerings.
Feed grade corn and wheat values were steady with feed grade soybeans
slightly higher on tight supplies. With very little buying interest
and stronger wheat prices many producers have elected to sell their
wheat in the conventional markets.
Monthly and 2nd quarter averages of organic prices located below.
All prices FOB the farm and negotiated spot market.
FOB FOB
Price/Bushel WEIGHTED AVERAGE
7/24/10 7/10/10 7/25/09
Organic Corn
Food Yellow 6.00-7.00 6.49 6.97
Feed Yellow 4.75-5.64 4.99 5.02 7.73
Organic Soybeans
Food Grade 18.05-21.40 19.61 21.40
Feed Grade 16.00-17.60 17.28 16.35 20.30
Soybean Meal($/ton) 750.00-775.00 763.51
Roasted ($/ton)
Organic Barley
Feed Grade 4.30 5.33
Organic Oats
Food Grade
Feed Grade 3.05 3.57
Organic Wheat
Food Grade (WW)
Food Grade (SRW)
Feed Grade (SRW) 4.70-5.00 4.91 7.64
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
JUN 10 MAY 10 APR 10 2nd Qtr 10
Food Grade Wheat (WW)
Food Grade Wheat (SRW) 7.17 7.00 7.13
Feed Grade Wheat (SRW) 4.83 5.40 5.75 5.01
Food Grade Yellow Corn 6.88 7.00 7.01 6.95
Feed Grade Corn 5.16 5.40 5.75 5.31
Food Grade Soybeans 20.24 21.35 20.62 20.59
Feed Grade Soybeans 16.53 16.56 17.23 16.91
Feed Grade Barley 4.25 4.39 4.98 4.50
Soybean Meal ($/ton) 749.89 770.00 756.95
Roasted beans($/ton)
Feed Grade Oats 3.50 2.92 2.97 2.98
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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