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Upper U.S. Midwest Organic Grain and Feedstuffs

DES 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
==============================================================================
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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