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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Jan 30/08 - SNS -- Bi-weekly USDA report on organic grain and feedstuffs prices in the eastern cornbelt in the United States.
Eastern Cornbelt Organic Grain & Feedstuffs Report (Bi-Weekly)
Weighted Average Report for Week Ending 01/26/2008
Organic grain and feedstuff prices were steady to higher compared
to two weeks ago. Corn prices were steady and soybean was higher.
Wheat was not established. Soybean prices were higher in response
to tight supplies and lack of imports from Asia. Wheat was firm
with demand exceding supplies. Reported sales of food grade
Hard Red Winter Wheat ranging from 12.00 to 14.65 and Soft Red Winter
Wheat ranging from 18.00 to 20.00 per bushel.
Monthly and 4th quarter averages of organic prices located below.
All prices FOB the farm and negotiated spot market.
FOB FOB
Price/Bu WEIGHTED AVERAGE
1/30/08 1/16/08
Organic Corn
Food Yellow ----------- ----- -----
Feed Yellow 8.80-10.25 9.42 9.89
Organic Soybeans
Food Grade 23.30-24.40 23.84 -----
Feed Grade 20.30-23.50 21.52 21.00
Soybean Meal(per/ton) 895.00-916.00 905.00 -----
Organic Barley
Feed Grade ----------- ----- -----
Organic Oats
Food Grade ----------- ----- -----
Feed Grade ----------- ----- -----
Organic Wheat
Food Grade ----------- ----- 16.25
Feed Grade ----------- ----- 13.75
==================================================================
Organic Alfalfa Per Ton/FOB
Supreme ------------- -------
Premium ------------- -------
Good ------------- -------
Fair ------------- -------
Utility ------------- -------
Organic Grass Hay
Premium ------------- -------
Good ------------- -------
Fair ------------- -------
==================================================================
Monthly Organic Prices: DEC 07 NOV O7 OCT 07 4th Qtr
2007
Food Grade Wheat
Feed Grade Wheat 12.40 10.77 8.80 10.73
Food Grade Corn
Feed Grade Corn 9.89 9.42 9.76 9.64
Food Grade Soybeans 20.64
Feed Grade Soybeans 16.37 16.37 15.97 16.41
Feed Grade Barley 7.42
Soybean Meal (per/ton) 697.00 666.00 675.75
Food Grade Oats
Feed Grade Oats 4.27 3.52 3.75 3.73
====================================================================
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).
=======================================================================
Source: USDA-Illinois Dept Ag Market News, Springfield, IL
--- STAT News Service PageGen v1.0ef
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