Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Jul 15/09 - 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      07/11/09
Compared to two weeks ago, organic grain and feedstuff prices were
lower on light demand and moderate offerings with slow market activity.
The organic markets are mostly being driven by the livestock sector.
Last year's sharply higher grain prices severely put the squeeze on
organic livestock producers, especially the dairy industry.  Many
of those producers have started bailing out or even converted back to
conventional.  There has been some hint of the poultry industry re-
entering the organic market once again.  There are indications that
offers on new crop corn are significantly lower.  Although the corn
and soybean crops, in general, look really good, there are some wet
spots that are struggling with weed control issues.  The frequent rains
are preventing producers from doing much needed fieldwork.  There has
been some interest in hay but not much buying as of now.  Hay prices
being reported from 80 cents to 90 cents per RFV point, a little lower
than previous reports.  Monthly and second quarter average prices
located below.  All prices FOB the farm and negotiated spot market.
                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                  07/11/09  06/27/09  06/28/08
Organic Corn
   Food Yellow
   Feed Yellow                  6.25- 7.25            6.77      7.60     10.82
Organic Soybeans
   Food Grade
   Feed Grade                  18.25- 19.25          18.55               28.15
   Soybean Meal
Organic Oats
   Food Grade
   Feed Grade                                                   3.97
Organic Barley
   Food Grade
   Feed Grade                   6.00- 6.25            6.08      6.22
Organic Wheat
   Food Grade (Spring)
   Food Grade (HRW)
   Feed Grade (HRW)
   Food Grade
   Feed Grade
Organic Rye
   Feed Grade                   8.50- 9.00            8.69
Organic Peas
   Feed Grade
Organic Brown Flax (cents per pound)
   Food Grade
   Feed Grade
Organic Golden Flax (cents per pound)
   Food Grade
   Feed Grade
==============================================================================
Organic Alfalfa                 Per Ton/FOB
   Supreme
   Premium
   Good
   Fair
   Utility
Organic Grass Hay
   Premium
   Good
   Fair
Organic Straw
==============================================================================
Monthly and Quarterly Organic Prices
                          Jun 09      May 09    Jun 08    2nd Qtr 2009
Food Grade Corn
Feed Grade Corn           7.66        7.42      10.82     7.47
Food Grade Soybeans
Feed Grade Soybeans       20.47       19.18     28.63     18.89
Food Grade Oats
Feed Grade Oats           3.97        4.17                4.12
Feed Grade Barley         6.22        6.08      8.71      6.12
Food Grade Wheat
Feed Grade Wheat
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)
Food Grade Wheat (HRW)
Feed Grade Wheat (HRW)                6.99                7.42
Food Grade Wheat (Spring)
Feed Grade Wheat (Spring)
Feed Grade Rye
Feed Grade Peas
Food Grade Golden Flax
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.
Source:

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