Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Oct 21/09 - 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      10/17/09

*NEW National Organic Grain and Feedstuffs Report October 22*

Compared to two weeks ago, organic grain and feedstuff prices were mostly
steady with very light demand and offerings. Market activity was at a
near standstill. According to USDA NASS, only 17 percent of the conventional
corn crop has been harvested, compared to the historical average of 46
percent at this time. Due to the very wet weather in the majority of the
region, organic farmers are facing late harvest. New crop prices are
scarce. Monthly and third quarter average prices are located below. All
prices FOB the farm and negotiated spot market.

                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                  10/17/09  10/03/09  10/18/08
Organic Corn
   Food Yellow
   Feed Yellow                  5.15- 6.50            5.43      5.89     10.09
Organic Soybeans
   Food Grade                                                  19.52
   Feed Grade                  17.25- 19.10          18.23     17.64
   Soybean Meal
Organic Oats
   Food Grade
   Feed Grade                   2.85- 3.20            2.97      3.10      4.67
Organic Barley
   Food Grade
   Feed Grade                   4.10- 4.45            4.28
Organic Wheat
   Food Grade (Spring)
   Food Grade (HRW)             6.15- 7.00            6.63      6.91
   Feed Grade (HRW)             5.10- 5.75            5.57      6.88
   Food Grade (SRW)
   Feed Grade (SRW)
Organic Rye
   Feed Grade
Organic Peas
   Feed Grade                                                  10.47
Organic Brown Flax
   Food Grade                                                  24.19
   Feed Grade
Organic Golden Flax
   Food Grade                                                  29.87
   Feed Grade
==============================================================================
Organic Alfalfa                 Per Ton/FOB
   Supreme
   Premium
   Good
   Fair
   Utility
Organic Grass Hay
   Premium
   Good
   Fair
Organic Straw
==============================================================================
Monthly and Quarterly Organic Prices (Weighted Average)
                          Sept 09     Aug 09    Oct 08    3rd Qtr 2009
Food Grade Corn
Feed Grade Corn           5.68        6.20      10.06     6.18
Food Grade Soybeans       19.52                 25.62     19.52
Feed Grade Soybeans       17.98       19.37     23.04     18.94
Food Grade Oats
Feed Grade Oats           3.07        3.70      4.66      3.48
Feed Grade Barley                     5.81      7.23      5.99
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)    5.28        5.65                5.32
Food Grade Wheat (HRW)    7.62                            7.83
Feed Grade Wheat (HRW)    6.30        6.07      9.45      6.12
Food Grade Wheat(Spring)
Feed Grade Wheat(Spring)  5.28
Feed Grade Rye                                  9.30      8.69
Feed Grade Peas           10.47       11.57     13.83     11.12
Food Grade Brown Flax     25.85                           24.85
Feed Grade Brown Flax                 24.83               24.83
Food Grade Golden Flax    30.03                           30.03
Feed Grade Golden Flax
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.


Source:

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