Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Sep 7/11 - 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      09/03/11
For the following states: WI, MN, IA, SD, ND, NE, KS, MO
Compared to two weeks ago, organic grain and feedstuffs were slightly lower
with light supplies of grain offered in any Upper Midwest states.  Demand
was light to moderate, with many end-users of grain reportedly stretching
out what corn they have left in inventory until new crop.  A weaker undertone
was noted on corn this period, due to very high prices in the past month and
new crop corn harvest to begin sooner than later. Barley and wheat trades were
noted this period, but accurate tests of the market were not established.
Many in the industry are simply waiting for new crop progress to begin before
making significant decisions or purchases.
Monthly and quarterly prices are located below. All prices FOB the farm gate
and negotiated spot market.
                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                   9/3/2011 8/20/2011  9/4/2010
Organic Corn
   Food Yellow
   Feed Yellow                 12.00- 14.00        13.32      13.79      4.87
Organic Soybeans
   Food Grade
   Feed Grade                  18.50- 19.25        18.83      19.06      16.57
   Meal ($/ton)
   Roasted ($/ton)
Organic Oats
   Feed Grade
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                                             8.89
   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)
                          Aug 10        Jul 11    Jul 10   2nd Qtr 2011
Food Grade Corn
Feed Grade Corn             13.51       12.30      4.38       10.59
Food Grade Soybeans                     20.05      20.45
Feed Grade Soybeans         18.91       19.12      16.54      19.05
Roasted Soybeans (ton)
Soybean Meal (ton)                                           795.17
Feed Grade Oats                                               5.38
Feed Grade Barley                        8.34      3.62       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)       8.94        9.01
Food Grade Wheat (HRW)
Feed Grade Wheat (HRW)                             4.44
Food Grade White Wheat
Food Grade Durum Wheat
Food Grade Rye
Feed Grade Rye                                     4.14
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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