Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Apr 9/08 - 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 04/05/2008

Organic grain and feedstuff prices mostly steady on very light demand and
offerings compared to two weeks ago.  Hay prices weaker on lower demand for
the past few weeks, as producers wait for pastures to green.  Very little
soybean movement reported as there is little left in the country.  No
soybeans coming in from South America, which is probably because of the
strikes in both Argentina and Brazil.  Buyers are contracting new crop food
grade soybeans from 26.00-28.00 per bushel.  Brown flax trading from 26.00-
29.00 per cwt.  New crop food soybeans being contracted for 26.00-28.00 per
bushel.  Corn contracts offered from 9.00-10.00 per bushel. Monthly and 1st
quarter average prices located below.  All prices FOB the farm and negotiated
spot market.

                              FOB                  FOB
                           Price/Bu          WEIGHTED AVERAGE
                                           04/05/08    03/22/08
Organic Corn
  Food Yellow             ---------          ----       ----
  Feed Yellow             8.00-11.00        10.18       10.27
Organic Soybeans
  Food Grade              ---------                     29.25
  Feed Grade              ---------                     24.45
  Soybean Meal            ---------         -----       -----
Organic Peas
  Feed Grade              ---------         -----       -----
Organic Oats
  Food Grade              ---------         -----       -----
  Feed Grade              ---------         -----       -----
Organic Wheat
  Food Grade              ---------         -----       -----
  Feed Grade              ---------         -----       -----
Organic Barley
  Feed Grade              ---------                      8.05
Organic Rye
  Feed Grade              ---------         -----       -----
===================================================================
Organic Alfalfa            Per Ton/FOB
  Supreme                 -------------
  Premium                 -------------
  Good                    -------------
  Fair                    150.00-160.00
  Utility                 -------------
Organic Grass Hay
  Premium                 -------------
  Good                    -------------
  Fair                    -------------

===================================================================
Monthly Organic Prices: MAR 08    FEB 08   JAN 08     1st Qtr
                                                       2008
Food Grade Wheat                  16.98    17.14      17.14
Feed Grade Wheat
Food Grade Corn     	
Feed Grade Corn         10.37     10.07     9.64      10.17
Food Grade Soybeans     29.25     26.29    23.08      23.88
Feed Grade Soybeans     25.33     22.73    21.09      23.58
Feed Grade Rye          11.00                         11.00
Feed Grade Peas
Food Grade Oats    	
Feed Grade Oats          5.75      5.05     4.65       4.85
Feed Grade Barley        8.05                          7.92

=====================================================================
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