Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Nov 16/11 - 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       11/12/11
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.
Feed grade corn averaged $.10 higher per bushel while feed grade soybeans
averaged $.32 higher per bushel.  Soybean meal was lower this period, while
food grade hard red spring wheat averaged higher with limited comparison.
Much of the food grade wheat market at this time is reportedly priced on
protein levels, with prices indicating the exact protein level of the wheat
purchased. Offerings of grain this period were moderate, with good demand
reported for corn and wheat; moderate demand for soybeans and barley. Oat
trade has reportedly been minimal due to lackluster harvest results this
year. Wheat mids were reported from $200.00-$215.00/ton.
Monthly and quarterly prices are located below. All prices FOB the farm gate
and negotiated spot market.
                                      FOB                       FOB
                                 Price/Bushel            Weighted Average
                                                    11/12/11   10/29/11   11/13/10
Organic Corn
   Food Yellow
   Feed Yellow                  10.00- 12.00        11.11         11.01       5.90
Organic Soybeans
   Food Grade                                                     22.44
   Feed Grade                   19.00- 21.00        19.72         19.44      16.44
   Meal ($/ton)                795.00- 825.00      814.09        843.02
   Roasted ($/ton)                                                          721.19
Organic Oats
   Feed Grade
Organic Barley
   Food Grade
   Feed Grade                    8.00- 8.00         8.00
Organic Brown Flax
   Food Grade                                                     26.11
   Feed Grade
Organic Golden Flax
   Food Grade                                                     26.29
   Feed Grade
Organic Wheat
   Food Grade HRS               15.00- 15.00        15.00         12.16
   Feed Grade HRS                                                 11.31
   Food Grade SRW
   Feed Grade SRW                                                  8.18
   Food Grade HRW                                                 12.41
   Feed Grade HRW
   Food Grade SWW
   Food Grade HWW                                                 15.81
   Food Grade Durum
Organic Rye
   Feed Grade
Organic Field Peas
   Feed Grade                   10.50- 11.50        11.04                     8.84
==============================================================================
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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