Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - May 6/09 - 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      05/02/09

Compared to two weeks ago, organic grain and feedstuff prices were mostly
steady on light demand and offerings with market activity being reported
as slightly better than the last reporting period.  Planting progress on
conventional corn has fallen behind in some states.  According to the USDA,
as of May 3, only 5 percent of the corn crop was planted in Illinois.  This
is down from the 5 year average of 66 percent.  North Dakota's corn planting
progress was pegged at zero due to heavy rainfall.  This compares to the 5
year average of 29 percent.  Already some talk of conventional producers
switching from corn to other small grains.  This will impact organic
plantings as well.  Hay prices have declined in recent weeks as the volume
of premium quality hay has become limited.  Monthly and first quarter
average prices located below.  All prices FOB the farm and negotiated spot
market.

                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                  05/02/09  04/18/09  04/19/08
Organic Corn
   Food Yellow
   Feed Yellow                  6.50- 8.00            7.48      7.02     10.19
Organic Soybeans
   Food Grade                                                  19.97     28.94
   Feed Grade                  16.50- 19.00          17.70
   Soybean Meal
Organic Oats
   Food Grade
   Feed Grade                   4.00- 4.25            4.14
Organic Barley
   Food Grade
   Feed Grade                   5.50- 6.50            6.06      6.12
Organic Wheat
   Food Grade (Spring)
   Food Grade (HRW)
   Feed Grade (HRW)                                             6.48
   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                    155.00- 160.00
   Good
   Fair
   Utility
Organic Grass Hay
   Premium
   Good
   Fair
Organic Straw
==============================================================================
Monthly and Quarterly Organic Prices
                          Mar 09      Feb 09    Mar 08    1st Qtr 2009
Food Grade Corn
Feed Grade Corn           7.59        8.17      10.37     8.16
Food Grade Soybeans       20.19                 29.25     21.04
Feed Grade Soybeans       17.71       18.20     25.33     18.00
Food Grade Oats
Feed Grade Oats           4.26        4.67      5.75      4.45
Feed Grade Barley         7.27        7.86      8.05      7.55
Food Grade Wheat
Feed Grade Wheat
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)
Food Grade Wheat (HRW)    9.81                            10.14
Feed Grade Wheat (HRW)    7.62        7.62                7.89
Food Grade Wheat (Spring)
Feed Grade Wheat (Spring)
Feed Grade Rye                                  11.00
Feed Grade Peas                       11.91               11.91
Food Grade Golden Flax
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.


Source:

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