Eastern U.S. Organic Grain and Feedstuffs

SPRINGFIELD - Mar 26/08 - 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 03/22/2008

Organic grain and feedstuff prices were slightly higher compared to
two weeks ago.  Demand was light to moderate for light offerings.
Feed grade corn and soybeans were higher, with food grade wheat
mostly steady.  Small grains were steady.  Soybeans and corn prices
were higher on good demand and tight supplies.  Trading activity was
mixed as grain dealers were busy with forwarding contracts and not many
spot market purchases. There are reports of purchases of imported soybeans
ranging from 30.00 to 33.00 per busehel.  Organic wheat midds ranging
from 280.00 to 310.00 per ton.
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
                                            3/22/08      3/08/08
Organic Corn
  Food Yellow             -----------       -----       -----
  Feed Yellow             10.00-11.00       10.55        9.71
Organic Soybeans
  Food Grade              -----------       -----       -----
  Feed Grade              24.00-28.00       26.49       25.42
  Soybean Meal(per/ton) 1100.00-1150.00   1125.00     1100.00
Organic Barley
  Feed Grade              -----------       -----       -----
Organic Oats
  Food Grade              -----------       -----       -----
  Feed Grade               5.40-6.00         5.32       5.41
Organic Wheat
  Food Grade (SRW)        13.00-16.00       14.50       -----
  Feed Grade              -----------       -----       -----
==================================================================
Organic Alfalfa            Per Ton/FOB
  Supreme                 -------------    -------
  Premium                 -------------    -------
  Good                    150.00-198.00    -------
  Fair                    -------------    -------
  Utility                 -------------    -------
Organic Grass Hay
  Premium                 -------------    -------
  Good                    -------------    -------
  Fair                    -------------    -------

==================================================================
Monthly Organic Prices:          FEB 08   JAN O8   DEC 07   4th Qtr
							      2007
Food Grade Wheat                 13.75    14.88
Feed Grade Wheat                          13.67    12.40    10.73
Food Grade Corn
Feed Grade Corn                   9.77     9.69     9.89     9.64
Food Grade Soybeans              24.41    23.84
Feed Grade Soybeans              24.45    20.76    16.69    16.41
Feed Grade Barley
Soybean Meal (per/ton)          915.00   905.00            675.75
Food Grade Oats
Feed Grade Oats                                     4.27     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

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