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Upper U.S. Midwest Organic Grain and Feedstuffs
DES MOINES - Apr 23/08 - 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 the Week Ending 04/19/08
Organic grain and feedstuff prices were nearly unchanged on light demand and
light offerings, compared to two weeks ago. Corn movement was moderate, while
soybean movement was practically void. Possible soybeans being imported from
China but market feels there will be more soybean imports from South America
in the near future. Oat plantings in Iowa are 15 percent complete, compared
to the 5 year average of 75 percent. The Eastern Cornbelt was able to put
some oats in last week. New crop oat bids $6.50 to $7.00 per bushel. Organic
wheat midds trading from $275 per ton to $300 per ton. Monthly and first
quarter average prices located below. All prices FOB the farm and negotiated
spot market.
FOB FOB
Price/Bushel Weighted Average
04/05/08 03/22/08
Organic Corn
Food Yellow
Feed Yellow 9.50- 11.00 10.19 10.18
Organic Soybeans
Food Grade 27.00- 29.50 28.94
Feed Grade
Soybean Meal
Organic Oats
Food Grade
Feed Grade
Organic Barley
Food Grade
Feed Grade
Organic Wheat
Food Grade
Feed Grade
Organic Wheat
Food Grade
Feed Grade
Organic Rye
Feed Grade
Organic Peas
Feed Grade
Organic Brown Flax (cents per pound)
Food Grade
Feed Grade
Organic Golden Flax (cents per pound)
Food Grade
Feed Grade
==============================================================================
Organic Alfalfa Per Ton/FOB
Supreme
Premium
Good 180.00- 200.00
Fair
Utility 120.00- 130.00
Organic Grass Hay
Premium
Good
Fair
Organic Straw
==============================================================================
Monthly and Quarterly Organic Prices
Mar 08 Feb 08 Mar 07 1st Qtr 2008
Food Grade Corn
Feed Grade Corn 10.37 10.07 6.46 10.17
Food Grade Soybeans 29.25 26.29 16.24 23.88
Feed Grade Soybeans 25.33 22.73 12.93 23.58
Food Grade Oats
Feed Grade Oats 5.75 5.05 3.40 4.85
Feed Grade Barley 8.05 7.92
Food Grade Wheat 16.98 17.14
Feed Grade Wheat
Feed Grade Rye 11.00 11.00
Feed Grade Peas 9.00
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.
Source:
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STAT News Service
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