Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Nov 4/09 - 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      10/31/09

Compared to two weeks ago, organic grain and feedstuff prices were mostly
steady with moderate demand and offerings.  Wet conditions continue to
slow down farmers in the fields, and talk of a long harvest is prevalent.
According to USDA NASS, only 25 percent of the conventional corn crop
has been harvested, compared to 53 percent on November 1, 2008.  Soybeans
are 51 percent harvested, compared to 85 percent one year ago.  Monthly
and third quarter average prices are located below. All prices FOB the
farm and negotiated spot market.

                                     FOB                       FOB
                                Price/Bushel            Weighted Average
                                                  10/31/09  10/17/09  11/01/08
Organic Corn
   Food Yellow
   Feed Yellow                  4.90- 6.85            5.47      5.43      9.51
Organic Soybeans
   Food Grade                  17.00- 21.75          18.97               25.60
   Feed Grade                  16.75- 19.50          17.40     18.23     22.96
   Meal ($/ton)               800.00- 850.00        823.57
Organic Oats
   Food Grade
   Feed Grade                   2.75- 5.25            3.61      2.97      4.75
Organic Barley
   Food Grade
   Feed Grade                   4.25- 4.85            4.43      4.28      7.14
Organic Wheat
   Food Grade (Spring)          8.10- 10.75           9.60
   Food Grade (HRW)             6.00- 7.50            6.59      6.63
   Feed Grade (HRW)             5.50- 6.80            6.43      5.57      9.46
   Food Grade (SRW)
   Feed Grade (SRW)
   Food Grade Durum             9.00- 10.25           9.66
Organic Rye
   Feed Grade                   5.50- 6.50            5.99
Organic Peas
   Feed Grade                   9.00- 11.00           9.89
Organic Brown Flax
   Food Grade                  23.50- 26.25          24.87
   Feed Grade
Organic Golden Flax
   Food Grade                  26.10- 30.50          28.70
   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    Sept 08   3rd Qtr 2009
Food Grade Corn
Feed Grade Corn           5.68        6.20      10.65     6.18
Food Grade Soybeans       19.52                           19.52
Feed Grade Soybeans       17.98       19.37     29.16     18.94
Food Grade Oats
Feed Grade Oats           3.07        3.70      4.57      3.48
Feed Grade Barley                     5.81      8.21      5.99
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)    5.28        5.65                5.32
Food Grade Wheat (HRW)    7.62                  16.28     7.83
Feed Grade Wheat (HRW)    6.30        6.07                6.12
Food Grade Wheat(Spring)                        18.47
Feed Grade Wheat(Spring)  5.28
Food Grade Durum
Feed Grade Rye                                  10.28     8.69
Feed Grade Peas           10.47       11.57               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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STAT News Service

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