DES MOINES - Oct 11/11 - SNS -- Bi-weekly USDA report on organic grain and feedstuffs prices in the U.S. upper midwest.
*Resent with corrections to monthly and quarterly prices where starred* Upper Midwest Organic Grain & Feedstuffs Report (Bi-Weekly) Weighted Average Report for the Week Ending 10/07/11 For the following states: WI, MN, IA, SD, ND, NE, KS, MO Compared to two weeks ago, organic grain and feedstuffs prices were mostly steady to weak. Feed grade corn prices reported this week represent new crop pricing. However, a few loads of old crop corn was reported at 13.25, which was lower when compared to previous reported old crop production. Soybean prices were mostly steady. Market activity was slow to moderate as trade participates keeping an eye on the conventional grain futures which has been on a downward spiraling the last few weeks. Monthly and quarterly prices are located below. All prices FOB the farm gate and negotiated spot market. FOB FOB Price/Bushel Weighted Average 10/1/2011 9/17/2011 10/2/2010 Organic Corn Food Yellow Feed Yellow 11.00- 11.50 11.33 13.75 5.46 Organic Soybeans Food Grade 21.00- 22.00 21.67 19.32 Feed Grade 19.00 19.00 19.03 16.52 Meal ($/ton) 795.00- 850.00 822.5 Roasted ($/ton) Organic Oats Feed Grade 2.82 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 8.34 Food Grade HRW Feed Grade HRW 8.00- 8.50 8.25 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) Sep 11 Aug 11 Sep 10 3rd Qtr 2011 Food Grade Corn Feed Grade Corn 11.94 13.51 5.24 12.40 Food Grade Soybeans 21.67 19.32 20.41 Feed Grade Soybeans 19.01 18.91 16.39 19.05 Roasted Soybeans (ton) Soybean Meal (ton) 822.50 802.20 Feed Grade Oats 4.25 2.84 4.74 Feed Grade Barley 6.50 8.28 Food Grade Brown Flax 26.49 26.49 Feed Grade Brown Flax Food Grade Golden Flax Feed Grade Golden Flax Food Grade Wheat (HRS) *14.00 *13.73 *13.66 Feed Grade Wheat (HRS) Food Grade Wheat (SRW) Feed Grade Wheat (SRW) 8.34 8.94 8.92 Food Grade Wheat (HRW) 12.00 *12.00 Feed Grade Wheat (HRW) 8.25 8.25 Food Grade White Wheat *11.83 *11.83 Food Grade Durum Wheat Food Grade Rye Feed Grade Rye 8.41 8.41 Feed Grade Peas 9.50 11.51 Mid Oleic Sunflowers ============================================================================== Developed in partnership with the University of Minnesota, Endowed Chair in Agricultural Systems, School of Agriculture. Source:
STAT News Service
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