Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Dec 19/07 - 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 Week Ending 12/15/2007

Organic grain and feedstuff prices higher compared to two weeks
ago.  Coarse grain prices higher on moderate offerings and good demand. Small
grains higher on moderate offerings and demand.  Alfalfa hay not established.
There was good demand on light offerings for feedstuffs this week.  As the
year of record prices comes to a close, producers lock in grain prices with
yearend sales.  There is lots of interest between producers and users in old
crop, along with contracting new crop.  Reports of new crop corn being
contracted for 9.00-9.50, new crop beans contracts 20.00-22.00 per bushel.
Monthly and 3rd quarter average prices located below.  All prices FOB the
farm and negotiated spot market.

                              FOB                  FOB
                           Price/Bu          WEIGHTED AVERAGE
                                           12/19/07    12/05/07
Organic Corn
  Food Yellow             ---------          ----       ----
  Feed Yellow             8.75-10.50         9.22       8.95
Organic Soybeans
  Food Grade             19.00-21.00        19.94       -----
  Feed Grade             17.00-19.50        18.10       16.51
  Soybean Meal           -----------        -----       -----
Organic Peas
  Feed Grade             -----------        -----       -----
Organic Oats
  Food Grade             ----------         -----       -----
  Feed Grade              4.00-4.50          4.09        3.73
Organic Wheat
  Food Grade             ----------         -----       -----
  Feed Grade             ----------         -----       -----
Organic Barley
  Feed Grade              7.00-7.50          7.13       -----
Organic Rye
  Feed Grade             ----------         -----       -----
===================================================================
Organic Feed Mix
  Barley/Oat/Peas        ----------         -----       -----
===================================================================
Organic Alfalfa            Per Ton/FOB
  Supreme                 -------------
  Premium                 -------------
  Good                    -------------
  Fair                    -------------
  Utility                 -------------
Organic Grass Hay
  Premium                 -------------
  Good                    -------------
  Fair                    -------------

===================================================================
Monthly Organic Prices: NOV 07    OCT 07   SEP 07     3RD Qtr
                                                       2007
Food Grade Wheat      	
Feed Grade Wheat                   9.09     8.73       8.31
Food Grade Corn     	
Feed Grade Corn          9.25      9.32    10.08      10.48
Food Grade Soybeans                                   14.59
Feed Grade Soybeans     15.79     15.82    14.41      14.52
Feed Grade Rye                                         5.09
Feed Grade Peas
Food Grade Oats    	
Feed Grade Oats          3.91      3.53     3.45       3.54
Feed Grade Barley                  6.11     6.64       6.33

=====================================================================
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).
=====================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.


Source:  USDA Market News Service, Des Moines, IA

---

STAT News Service

PageGen v1.0ef