Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Nov 2/11 - 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      10/29/11
For the following states: WI, MN, IA, SD, ND, NE, KS, MO
***ATTENTION***
This report will be discontinued as of January 1, 2012. All of the
information contained here will be available in one combined nationwide
report, the National Organic Grain and Feedstuffs report, found here:
http://www.ams.usda.gov/mnreports/lsbnof.pdf
Compared to two weeks ago, organic grain and feedstuffs prices were mixed, with
soybeans mostly higher and food grade hard red spring wheat lower. Feed grade corn
was not tested two weeks ago, but was reported with good demand and moderate offerings
this period. Increased demand and movement for feed and food grade wheat was reported,
with moderate offerings in the market. Increased interest in feed grade wheat was
reported due to the strength in new crop corn prices, as well as new crop contract
prices. New crop corn harvest in Iowa, Minnesota and Nebraska was reported for some
to be in the area of 150-180 bushels/acre. Some reported soybean yields were
approximately 60 bushels/acre in Nebraska.
Monthly and quarterly prices are located below. All prices FOB the farm gate
and negotiated spot market.
                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                10/29/2011  10/15/201110/30/2010
Organic Corn
   Food Yellow
   Feed Yellow                 10.75- 11.15        11.01                 6.17
Organic Soybeans
   Food Grade                  21.00- 23.00        22.44      22.61
   Feed Grade                  19.00- 20.10        19.44      18.92      16.25
   Meal ($/ton)               838.00- 850.00      843.02     813.64     781.16
   Roasted ($/ton)
Organic Oats
   Feed Grade                                                 5.11
Organic Barley
   Food Grade
   Feed Grade
Organic Brown Flax
   Food Grade                  25.00- 27.00        26.11
   Feed Grade
Organic Golden Flax
   Food Grade                  25.00- 27.00        26.29
   Feed Grade
Organic Wheat
   Food Grade HRS              12.00- 12.50        12.16      13.61
   Feed Grade HRS              11.00- 11.75        11.31
   Food Grade SRW
   Feed Grade SRW               8.00- 8.25         8.18
   Food Grade HRW              12.00- 12.50        12.41
   Feed Grade HRW                                             9.17
   Food Grade SWW
   Food Grade HWW              15.75- 16.00        15.81
   Food Grade Durum
Organic Rye
   Feed Grade
Organic Field Peas
   Feed Grade                                                            9.13
==============================================================================
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)
                            Oct 11      Sep 11    Oct 10   3rd Qtr 2011
Food Grade Corn
Feed Grade Corn             11.22       11.94      5.67       12.40
Food Grade Soybeans         22.45       21.67      19.71      20.41
Feed Grade Soybeans         19.28       19.01      16.18      19.05
Roasted Soybeans (ton)
Soybean Meal (ton)          833.08      822.50    768.63     802.20
Feed Grade Oats                          4.25      2.75       4.74
Feed Grade Barley            5.11        6.50                 8.28
Food Grade Brown Flax       26.11       26.49                 26.49
Feed Grade Brown Flax
Food Grade Golden Flax      26.29
Feed Grade Golden Flax
Food Grade Wheat (HRS)      12.84       14.00      9.92       13.66
Feed Grade Wheat (HRS)      11.31
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)       8.18        8.34                 8.92
Food Grade Wheat (HRW)      12.41       12.00                 12.00
Feed Grade Wheat (HRW)       9.17        8.25                 8.25
Food Grade Wheat (SWW)
Food Grade Wheat (HWW)      15.81
Food Grade Durum Wheat
Food Grade Rye
Feed Grade Rye                                                8.41
Feed Grade Peas                                    9.00       11.51
Mid Oleic Sunflowers
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.
Source:

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