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Eastern U.S. Organic Grain and FeedstuffsSPRINGFIELD - Dec 2/09 - 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 11/28/2009
Compared to two weeks ago, organic grain and feedstuffs traded steady
to weak. Demand and offerings were light to moderate. Organic grain
movement was light heading into the Thanksgiving break. Poor crop
conditions were a factor in driving feed grade corn and soybean prices lower.
In some eastern states, this year's corn crop has been stricken with mold
issues and low test weights, which has limited additional grain purchases.
October monthly and 3rd quarter averages of organic prices
located below. All prices FOB the farm and negotiated spot market.
FOB FOB
Price/Bushel WEIGHTED AVERAGE
11/28/09 11/14/09 11/29/08
Organic Corn
Food Yellow
Feed Yellow 5.40-6.60 6.10 6.31 9.49
Organic Soybeans
Food Grade 25.25
Feed Grade 15.00-18.00 16.26 17.82 20.30
Soybean Meal($/ton) 780.00-825.00 803.00 802.50
Roasted ($/ton) 785.00-800.00 792.50 790.00
Organic Barley
Feed Grade 4.05
Organic Oats
Food Grade
Feed Grade 3.81
Organic Wheat
Food Grade (WW)
Food Grade (SRW)
Feed Grade (SRW) 9.17
Organic Peas
Feed Grade
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Organic Alfalfa Hay Per Ton/FOB
Supreme
Premium
Good
Fair
Utility
Organic Grass Hay
Premium
Good
Fair
Utility
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Monthly and Quarterly Organic Prices
OCT 09 SEP O9 AUG 09 3rd Qtr 09
Food Grade Wheat (WW)
Food Grade Wheat (SRW) 9.77
Feed Grade Wheat (SRW) 5.71 5.79 5.92 6.84
Food Grade Yellow Corn 8.20 8.82
Feed Grade Corn 6.31 6.94 7.02 8.00
Food Grade Soybeans 20.50 22.81
Feed Grade Soybeans 18.28 18.27 19.82 19.04
Feed Grade Barley 4.52 6.25 5.16 6.49
Soybean Meal ($/ton) 807.00 855.00 929.00 910.67
Roasted beans($/ton
Feed Grade Oats 3.52 3.53 3.71 3.89
Feed Grade Peas
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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).
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Source: USDA-Illinois Dept Ag Market News, Springfield, IL
--- STAT News Service PageGen v1.0ef
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