Weighted Average Report for
the Week Ending 08/23/08
Compared to two weeks ago,
organic grain and feedstuff prices were steady
to weaker on moderate demand
and offerings. Seeing more interest in
new
crop corn and soybeans. New crop feed grade corn is bid and has
traded
from $10.00 to $10.75 per
bushel. New crop food grade corn is bid
and
has traded from $10.50 to
$11.25 per bushel. New crop food grade
soybeans are bid and have traded
from $25.00 to $27.00 per bushel.
Organic flax screenings
traded during this period from $350 to $650 per
ton. Monthly and second quarter average prices
located below. All
prices FOB the farm and negotiated
spot market.
FOB FOB
Price/Bushel Weighted
Average
08/23/08 08/09/08 08/25/07
Organic Corn
Food Yellow
Feed Yellow 10.65- 11.00 10.86 11.48
10.64
Organic Soybeans
Food Grade 28.00- 31.00 29.97
Feed Grade
29.87
Soybean Meal
Organic Oats
Food Grade 5.75- 6.25 5.99
Feed Grade 4.25- 5.05 4.82 3.65
Organic Barley
Food Grade
Feed
Grade 6.85- 7.90 7.20 8.40
6.08
Organic Wheat
Food Grade (Spring) 18.00- 19.00 18.59
Food Grade (HRW) 15.80- 17.00 16.27 16.91
Feed Grade (HRW)
Food Grade
9.55
Feed Grade
Organic
Feed Grade 10.25- 11.00 10.85 9.99
5.19
Organic Peas
Feed Grade
Organic Brown Flax (cents
per pound)
Food Grade
Feed Grade
Organic Golden Flax (cents
per pound)
Food Grade
Feed Grade
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Organic Alfalfa Per
Ton/FOB
Supreme
Premium
Good
Fair
Utility
Organic Grass Hay
Premium
Good
Fair
Organic Straw
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Monthly and Quarterly
Organic Prices
Jul 08 Jun 08
Jul 07 2nd Qtr 2008
Food Grade Corn
Feed Grade Corn 10.92 10.82
11.26 10.44
Food Grade Soybeans 30.56 14.59 29.28
Feed Grade Soybeans 26.44 28.63
13.49 26.94
Food Grade Oats
Feed Grade Oats 3.50
Feed Grade Barley 8.71 5.99
8.11
Food Grade Wheat
Feed Grade Wheat 7.28
Food Grade Wheat (SRW) 15.57
Feed Grade Wheat (SRW) 15.36
Food Grade Wheat (HRW) 17.44
Feed Grade Wheat (HRW) 15.86
Feed Grade
Feed Grade Peas
Food Grade Golden Flax 35.52
==============================================================================
Developed in partnership
with the
Chair in Agricultural
Systems,
Source:
USDA Market News Service,
ams.usda.gov