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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Apr 23/08 - 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 4/19/2008
Organic grain and feedstuff prices were steady to firm compared to
two weeks ago. Demand was light to moderate for light offerings.
Feed grade corn and soybeans were higher. Wheat prices were
not established. Small grains were slightly higher. End users continue
to have a difficult time in acquiring soybeans due to higher price
levels. Reports of organic wheat midds ranging from 275.00 to
300.00 per ton.
Monthly and 1st quarter averages of organic prices located below.
All prices FOB the farm and negotiated spot market.
FOB FOB
Price/Bu WEIGHTED AVERAGE
4/23/08 4/9/08
Organic Corn
Food Yellow ----------- ----- -----
Feed Yellow 9.06-10.50 10.09 9.76
Organic Soybeans
Food Grade ----------- ----- -----
Feed Grade 23.00-28.00 25.21 26.91
Soybean Meal(per/ton) ----------- ----- -----
Organic Barley
Feed Grade ----------- ----- -----
Organic Oats
Food Grade ----------- ----- -----
Feed Grade 5.25-6.00 5.48 -----
Organic Wheat
Food Grade (SRW) ----------- ----- -----
Feed Grade ----------- ----- -----
==================================================================
Organic Alfalfa Per Ton/FOB
Supreme ------------- -------
Premium 184.00-185.00 -------
Good ------------- -------
Fair ------------- -------
Utility ------------- -------
Organic Grass Hay
Premium ------------- -------
Good ------------- -------
Fair ------------- -------
Utility 120.00-127.00 -------
==================================================================
Monthly Organic Prices: MAR 08 FEB O8 JAN 08 1st Qtr
2008
Food Grade Wheat 14.50 13.75 14.88 14.57
Feed Grade Wheat 13.67 10.73
Food Grade Corn
Feed Grade Corn 10.27 9.77 9.69 9.82
Food Grade Soybeans 24.41 23.84 24.05
Feed Grade Soybeans 26.21 24.45 20.76 22.45
Feed Grade Barley
Soybean Meal (per/ton) 1106.25 915.00 905.00 1008.25
Feed Grade Oats 5.32
====================================================================
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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