Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Aug 24/11 - 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      08/20/11
For the following states: WI, MN, IA, SD, ND, NE, KS, MO
Compared to two weeks ago, organic grain and feedstuffs were mostly steady while feed
grade corn was higher. Offerings of grain this period were light, with light to
moderate demand.
While soybean supplies reportedly remain in good condition, supplies of corn continue
to dwindle, causing increased prices on the light volumes trading.  High corn prices
in the Upper Midwest alone are causing some poultry operations to strongly reconsider
growing new birds after the new crop harvest.  Many corn growers are searching for new
crop corn contracts near current market prices, which many in the organic livestock
industry simply cannot afford over an extended period of time.  Some organic dairies
are reportedly relying more on grass and hay for feed and foregoing grain purchases,
thus lowering production.  This is a measure some have had to take due to the financial
constraints facing organic livestock operations in light of the current market trends.
Monthly and quarterly prices are located below. All prices FOB the farm gate
and negotiated spot market.
                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                 8/20/2011  8/6/2011   8/21/2010
Organic Corn
   Food Yellow
   Feed Yellow                 13.20- 14.10        13.79      13.10      4.59
Organic Soybeans
   Food Grade                                                            18.97
   Feed Grade                  18.75- 19.25        19.06      19.26      16.17
   Meal ($/ton)                                                         746.82
   Roasted ($/ton)
Organic Oats
   Feed Grade                                                            2.81
Organic Barley
   Food Grade
   Feed Grade                                                            3.86
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               8.25- 9.00         8.89       8.88
   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)
                            Jul 11      Jun 11    June 10  2nd Qtr 2011
Food Grade Corn
Feed Grade Corn             12.30       11.08      4.57       10.59
Food Grade Soybeans         20.05                  22.25
Feed Grade Soybeans         19.12       19.04      16.59      19.05
Roasted Soybeans (ton)                            763.68
Soybean Meal (ton)                                           795.17
Feed Grade Oats                                               5.38
Feed Grade Barley            8.34        8.14      3.47       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)       9.01
Food Grade Wheat (HRW)
Feed Grade Wheat (HRW)                             4.59
Food Grade White Wheat
Food Grade Durum Wheat
Food Grade Rye
Feed Grade Rye
Feed Grade Peas
Mid Oleic Sunflowers
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.
Source:

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