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Upper U.S. Midwest Organic Grain and FeedstuffsDES MOINES - Jul 28/10 - 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 07/24/10
Compared to two weeks ago, organic grain and feedstuff prices were
steady with light demand and offerings. Farmers reported concerns
with moisture issues in areas of the Upper Midwest prohibiting
harvest. Likewise, concerns of current market prices, demand and
the future of these entities is weighing heavy on the minds of many.
Many producers growing organic grain are questioning the monetary
return for their physical exertion and contemplating the possibility
of returning to conventional practices. Reports of a great looking
corn crop this year have been noted in most areas of the Upper
Midwest. Monthly and second quarter average prices are located
below. All prices FOB the farm and negotiated spot market.
FOB FOB
Price/Bushel Weighted Average
7/24/2010 7/10/2010 7/25/09
Organic Corn
Food Yellow
Feed Yellow 4.00- 4.75 4.42 4.24 6.47
Organic Soybeans
Food Grade 20.00- 21.00 20.56
Feed Grade 16.00- 16.85 16.57 16.25 19.29
Meal ($/ton)
Roasted ($/ton)
Organic Oats
Feed Grade 3.67
Organic Barley
Food Grade
Feed Grade 6.30
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 8.42
Feed Grade HRW 6.06
Food Grade White
Food Grade Durum
Organic Rye
Feed Grade 4.19
Organic Field Peas
Feed Grade 7.96
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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)
June 10 May 10 June 09 2nd Qtr 2010
Food Grade Corn
Feed Grade Corn 4.57 4.60 7.66 4.58
Food Grade Soybeans 22.25 19.01 19.63
Feed Grade Soybeans 16.59 16.48 20.47 16.20
Roasted Soybeans (ton) 763.68
Soybean Meal (ton) 768.33 757.24
Feed Grade Oats 3.21 3.97
Feed Grade Barley 3.47 3.91 6.22 3.58
Food Grade Brown Flax
Feed Grade Brown Flax
Food Grade Golden Flax
Feed Grade Golden Flax
Food Grade Wheat (HRS) 7.55
Feed Grade Wheat (HRS)
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)
Food Grade Wheat (HRW)
Feed Grade Wheat (HRW) 4.59 6.99
Food Grade White Wheat
Food Grade Durum Wheat
Food Grade Rye
Feed Grade Rye
Feed Grade Peas 8.24 8.24
Mid Oleic Sunflowers
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.
Source:
--- STAT News Service
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