DES MOINES - Nov 30/11 - 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 11/26/11 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 Compared to two weeks ago, organic grain and feedstuffs prices were mostly steady. Feed grade corn averaged $.50 higher, feed grade soybeans $.20 lower on a light test. Demand for corn and soybeans continues to be good, with moderate demand for most other commodities. Offerings were light to moderate with a light to moderate test on most commodities near the end of the reporting period due to the Thanksgiving holiday. Harvest in Minnesota is essentially completed with just a few smaller producers finishing up. Weather has been unusually mild and dry in most areas for this time of year. Monthly and quarterly prices are located below. All prices FOB the farm gate and negotiated spot market. FOB FOB Price/Bushel Weighted Average 11/26/11 11/12/11 11/27/10 Organic Corn Food Yellow Feed Yellow 11.00- 12.00 11.57 11.11 5.85 Organic Soybeans Food Grade Feed Grade 19.00- 20.00 19.54 19.72 16.22 Meal ($/ton) 900.00- 900.00 900.00 814.09 Roasted ($/ton) Organic Oats Feed Grade 5.50- 5.50 5.50 Organic Barley Food Grade Feed Grade 8.00- 10.25 9.06 8.00 Organic Brown Flax Food Grade Feed Grade Organic Golden Flax Food Grade Feed Grade Organic Wheat Food Grade HRS 15.00 Feed Grade HRS Food Grade SRW 8.75- 9.25 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- 12.50 12.50 11.04 ============================================================================== 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) Nov 11 Oct 11 Nov 10 3rd Qtr 2011 Food Grade Corn Feed Grade Corn 11.24 11.22 5.89 12.40 Food Grade Soybeans 22.45 20.41 Feed Grade Soybeans 19.69 19.28 16.36 19.05 Roasted Soybeans (ton) Soybean Meal (ton) 821.25 833.08 802.20 Feed Grade Oats 5.50 4.74 Feed Grade Barley 8.71 5.11 8.28 Food Grade Brown Flax 25.34 26.11 26.49 Feed Grade Brown Flax Food Grade Golden Flax 26.29 Feed Grade Golden Flax Food Grade Wheat (HRS) 15.00 12.84 13.66 Feed Grade Wheat (HRS) 11.31 Food Grade Wheat (SRW) Feed Grade Wheat (SRW) 9.05 8.18 8.92 Food Grade Wheat (HRW) 12.41 12.00 Feed Grade Wheat (HRW) 9.48 9.17 8.25 Food Grade Wheat (SWW) Food Grade Wheat (HWW) 15.81 Food Grade Durum Wheat Food Grade Rye Feed Grade Rye 8.41 Feed Grade Peas 11.12 11.51 Mid Oleic Sunflowers ============================================================================== Developed in partnership with the University of Minnesota, Endowed Chair in Agricultural Systems, School of Agriculture. Source:
---
STAT News Service
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.