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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Aug 11/10 - 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 8/07/2010 Compared to two weeks ago, organic grain and feedstuff prices were mostly steady. Cash sales for organic grains were light with moderate offerings. Lack of fresh news items during this reporting period helped to pressure grain prices. Reports of increased sales of feed grade wheat after recent surge 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 8/07/10 7/24/10 8/08/09 Organic Corn Food Yellow 6.50-7.00 6.92 6.49 Feed Yellow 4.50-5.50 4.94 4.99 7.03 Organic Soybeans Food Grade 19.80-21.50 20.30 19.61 Feed Grade 15.00-17.50 16.62 17.28 19.82 Soybean Meal($/ton) 763.51 936.50 Roasted ($/ton) Organic Barley Feed Grade Organic Oats Food Grade Feed Grade 2.84-3.50 2.97 3.71 Organic Wheat Food Grade (WW) Food Grade (SRW) Feed Grade (SRW) 4.91 Organic Peas Feed Grade ======================================================================== Organic Alfalfa Hay Per Ton/FOB Supreme Premium Good Fair Utility Organic Grass Hay Premium Good Fair Utility ======================================================================== 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 ======================================================================== 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). ======================================================================= Source: USDA-Illinois Dept Ag Market News, Springfield, IL --- STAT News Service
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