DES MOINES - Sep 7/11 - 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 09/03/11 For the following states: WI, MN, IA, SD, ND, NE, KS, MO Compared to two weeks ago, organic grain and feedstuffs were slightly lower with light supplies of grain offered in any Upper Midwest states. Demand was light to moderate, with many end-users of grain reportedly stretching out what corn they have left in inventory until new crop. A weaker undertone was noted on corn this period, due to very high prices in the past month and new crop corn harvest to begin sooner than later. Barley and wheat trades were noted this period, but accurate tests of the market were not established. Many in the industry are simply waiting for new crop progress to begin before making significant decisions or purchases. Monthly and quarterly prices are located below. All prices FOB the farm gate and negotiated spot market. FOB FOB Price/Bushel Weighted Average 9/3/2011 8/20/2011 9/4/2010 Organic Corn Food Yellow Feed Yellow 12.00- 14.00 13.32 13.79 4.87 Organic Soybeans Food Grade Feed Grade 18.50- 19.25 18.83 19.06 16.57 Meal ($/ton) Roasted ($/ton) Organic Oats Feed Grade Organic Barley Food Grade Feed Grade 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 8.89 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) Aug 10 Jul 11 Jul 10 2nd Qtr 2011 Food Grade Corn Feed Grade Corn 13.51 12.30 4.38 10.59 Food Grade Soybeans 20.05 20.45 Feed Grade Soybeans 18.91 19.12 16.54 19.05 Roasted Soybeans (ton) Soybean Meal (ton) 795.17 Feed Grade Oats 5.38 Feed Grade Barley 8.34 3.62 7.90 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) 8.94 9.01 Food Grade Wheat (HRW) Feed Grade Wheat (HRW) 4.44 Food Grade White Wheat Food Grade Durum Wheat Food Grade Rye Feed Grade Rye 4.14 Feed Grade Peas Mid Oleic Sunflowers ============================================================================== Developed in partnership with the University of Minnesota, Endowed Chair in Agricultural Systems, School of Agriculture. Source:
STAT News Service
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.