Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Oct 19/11 - 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      10/15/11
For the following states: WI, MN, IA, SD, ND, NE, KS, MO
Compared to two weeks ago, organic grain and feedstuffs prices were mostly
higher with moderate to good demand for soybeans and feed wheat. Feed grade
corn trades were not reported this period due to limited supply, and as most
are anticipating harvest to be in full swing by November 1, weather permitting.
Some harvest was reported to have begun in Iowa and Minnesota this week.
Corn yields and quality are the focus for most at this time, as weather
conditions during the growing season have been mixed throughout the region.
Monthly and quarterly prices are located below. All prices FOB the farm gate
and negotiated spot market.
                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                 10/15/2011  9/17/201110/16/2010
Organic Corn
   Food Yellow
   Feed Yellow                                                11.33      5.36
Organic Soybeans
   Food Grade                  22.00- 23.00        22.61      21.67      19.71
   Feed Grade                  17.75- 20.00        18.92      19.00      16.20
   Meal ($/ton)               800.00- 825.00      813.64     822.50
   Roasted ($/ton)
Organic Oats
   Feed Grade                   4.80- 5.60         5.11
Organic Barley
   Food Grade                                                            25.64
   Feed Grade
Organic Brown Flax
   Food Grade
   Feed Grade
Organic Golden Flax
   Food Grade
   Feed Grade
Organic Wheat
   Food Grade HRS              13.00- 15.00        13.61                 9.99
   Feed Grade HRS
   Food Grade SRW
   Feed Grade SRW
   Food Grade HRW
   Feed Grade HRW               9.00- 9.50         9.17       8.25
   Food Grade White
   Food Grade Durum
Organic Rye
   Feed Grade
Organic Field Peas
   Feed Grade                                                            8.69
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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
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:

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