Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Jun 15/11 - 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      06/11/11
For the following states: WI, MN, IA, SD, ND, NE, KS, MO
Compared to two weeks ago, organic feed grade corn was higher, with
good demand reported due reportedly to dwindling supplies.  Organic
feed grade soybeans were steady to firm, with the lower end of the
range slightly higher this reporting period.  Food grade soybean trade
trade was noted, but light volumes paired with lackluster demand were
were not indicative of the market as of publish time.  Flooding and
cool temperatures continue to hamper conventional crop production in
the Upper Midwest and worry many organic farmers, as organic crops are
generally planted later in the season.  Monthly and quarterly prices
are located below.  All prices FOB the farm gate and negotiated spot
market.
                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                 6/11/2011  5/28/2011  6/13/2010
Organic Corn
   Food Yellow
   Feed Yellow                 10.50- 12.00        10.97      10.28      4.79
Organic Soybeans
   Food Grade
   Feed Grade                  19.00- 19.50        19.38      18.96      16.65
   Meal ($/ton)                                                         763.68
   Roasted ($/ton)
Organic Oats
   Feed Grade                                                 5.56
Organic Barley
   Food Grade
   Feed Grade                   8.00- 8.50         8.21       7.38       3.47
Organic Brown Flax
   Food Grade                                                 23.58
   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
   Feed Grade HRW
   Food Grade White
   Food Grade Durum
Organic Rye
   Feed Grade
Organic Field Peas
   Feed Grade
==============================================================================
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)
                            May 11      Apr 11    May 10   1st Qtr 2011
Food Grade Corn
Feed Grade Corn             10.12        9.95      4.60       8.66
Food Grade Soybeans                                19.01
Feed Grade Soybeans         18.95       19.10      16.48      18.81
Roasted Soybeans (ton)
Soybean Meal (ton)                                768.33
Feed Grade Oats                                    3.21       4.14
Feed Grade Barley                                  3.91       6.32
Food Grade Brown Flax
Feed Grade Brown Flax
Food Grade Golden Flax
Feed Grade Golden Flax
Food Grade Wheat (HRS)
Feed Grade Wheat (HRS)
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)
Food Grade Wheat (HRW)
Feed Grade Wheat (HRW)
Food Grade White Wheat
Food Grade Durum Wheat
Food Grade Rye
Feed Grade Rye
Feed Grade Peas                                    8.24       10.54
Mid Oleic Sunflowers
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.
Source:

---

STAT News Service