Upper U.S. Midwest Organic Grain and Feedstuffs
DES MOINES - Dec 20/11 - 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 12/24/11 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 **This report for the week ending 12/24/11 is being released early due to the holidays. Prices from the most current report are located below. Updated monthly and quarterly prices for the end of 2011 are included.** Compared to two weeks ago, organic grain and feedstuffs prices were mostly steady, with a weaker undertone. Feed grade corn was steady, while feed grade soybeans averaged $0.75 higher with soybean meal $25.00 lower on a light test. Demand for most commodities continues to be moderate to good, with offerings mostly light for most commodities. Most contacts said trading was very slow due to many producers waiting until the new year to sell sizable amounts of grain. Weather continues to be mild, with some areas experiencing rain and snow. Monthly and quarterly prices are located below. All prices FOB the farm gate and negotiated spot market. FOB FOB Price/Bushel Weighted Average 12/10/11 11/26/11 12/25/10 Organic Corn Food Yellow Feed Yellow 11.00- 12.00 11.50 11.57 6.73 Organic Soybeans Food Grade Feed Grade 19.50- 22.00 20.43 19.54 Meal ($/ton) 870.00- 880.00 875.00 900.00 Roasted ($/ton) Organic Oats Feed Grade 5.50 Organic Barley Food Grade Feed Grade 9.06 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 9.05 Feed Grade SRW Food Grade HRW Feed Grade HRW Food Grade SWW Food Grade HWW Food Grade Durum Organic Rye Feed Grade Organic Field Peas Feed Grade 12.50 ============================================================================== 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) Dec 11 Nov 11 Dec 10 4th Qtr 2011 Food Grade Corn Feed Grade Corn 10.63 11.24 6.62 9.37 Food Grade Soybeans 18.44 22.45 Feed Grade Soybeans 19.87 19.69 16.44 19.51 Roasted Soybeans (ton) Soybean Meal (ton) 875.00 821.25 831.36 Feed Grade Oats 5.50 Feed Grade Barley 8.71 8.50 Food Grade Brown Flax 25.34 25.82 Feed Grade Brown Flax Food Grade Golden Flax 26.29 Feed Grade Golden Flax 22.79 Food Grade Wheat (HRS) 15.00 13.24 Feed Grade Wheat (HRS) 11.31 Food Grade Wheat (SRW) Feed Grade Wheat (SRW) 9.90 9.05 8.92 Food Grade Wheat (HRW) 12.41 Feed Grade Wheat (HRW) 9.48 9.37 Food Grade Wheat (SWW) 12.69 Food Grade Wheat (HWW) 15.81 Food Grade Wheat (HWS) 13.82 Food Grade Durum Wheat 16.62 Food Grade Rye Feed Grade Rye 8.00 Feed Grade Peas 11.12 11.12 Mid Oleic Sunflowers ============================================================================== Developed in partnership with the University of Minnesota, Endowed Chair in Agricultural Systems, School of Agriculture. Source:
STAT News Service