Upper U.S. Midwest Organic Grain and Feedstuffs

DES MOINES - Feb 24/10 - 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      02/20/10

Compared to two weeks ago, organic grain and feedstuff prices were slightly
lower with light demand and offerings, while feed grade soybeans traded
mostly steady with similar demand. Soybean splits were reported $15-$16 per
bushel, and barley trade was very slow.  A strong interest in grain trade
was noted. Moisture and low test weights continue to have the greatest
impact on the Upper Midwest grain markets. Monthly and fourth quarter
average prices are located below.  All prices FOB the farm and negotiated
spot market.

                                     FOB                       FOB

                                Price/Bushel            Weighted Average
                                                 2/20/2010  02/06/10  02/07/09
Organic Corn
   Food Yellow
   Feed Yellow                  5.00- 6.00            5.38      5.56      8.25
Organic Soybeans
   Food Grade                                                  20.52
   Feed Grade                  16.00- 17.00          16.62     16.70     18.07
   Meal ($/ton)               745.00- 770.00        757.92    776.91
   Roasted ($/ton)                                            760.56
Organic Oats
   Feed Grade                                                   2.94
Organic Barley
   Food Grade
   Feed Grade                                                   4.88
Organic Brown Flax
   Food Grade                                                  25.34
   Feed Grade
Organic Golden Flax
   Food Grade                                                  27.08
   Feed Grade
Organic Wheat
   Food Grade HRS
   Feed Grade HRS
   Food Grade SRW
   Feed Grade SRW
   Food Grade HRW
   Feed Grade HRW               4.00- 4.85            4.46      4.72
   Food Grade White
   Food Grade Durum
Organic Rye
   Feed Grade
Organic Field Peas
   Feed Grade
==============================================================================
Organic Alfalfa                 Per Ton/FOB
   Supreme
   Premium
   Good
   Fair
   Utility
Organic Grass Hay
   Premium
   Good
   Fair
Organic Straw

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).

==============================================================================
Monthly and Quarterly Organic Prices (Weighted Average)
                            Jan 10    Dec 09    Jan 09    4th Qtr 2009
Food Grade Corn                       8.26                8.14
Feed Grade Corn                 5.45  5.34      8.52      5.44
Food Grade Soybeans            20.98  20.29     21.62     20.18
Feed Grade Soybeans            15.82  16.97     18.96     17.19
Roasted Soybeans (ton)                                    759.62
Soybean Meal (ton)            781.87  787.78              803.44
Feed Grade Oats                 3.16  3.39                3.35
Feed Grade Barley               4.71            7.98      4.20
Food Grade Brown Flax          24.77  25.16               25.17
Feed Grade Brown Flax
Food Grade Golden Flax         28.12  29.11               29.15
Feed Grade Golden Flax
Food Grade Wheat (HRS)                                    8.82
Feed Grade Wheat (HRS)
Food Grade Wheat (SRW)
Feed Grade Wheat (SRW)                                    5.32
Food Grade Wheat (HRW)                7.48                7.28
Feed Grade Wheat (HRW)          4.70            9.08      5.02
Food Grade White Wheat
Food Grade Durum Wheat                                    8.92
Feed Grade Rye
Feed Grade Peas                       9.85                9.63
==============================================================================
Developed in partnership with the University of Minnesota, Endowed
Chair in Agricultural Systems, School of Agriculture.


Source:

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