Upper Midwest Organic Grain and Feedstuff

 

Des Moines, IA     Wed, Nov 05, 2008     USDA Market News

 

Upper Midwest Organic Grain & Feedstuffs Report (Bi-Weekly)

Weighted Average Report for the Week Ending      11/01/08

 

Compared to two weeks ago, organic grain and feedstuff prices were mostly

lower on light demand and moderate offerings with slow market activity.

Economic fears continue to play on the market.  Additionally, many

producers are focusing on harvesting and not marketing.  Monthly and

third quarter average prices located below.  All prices FOB the farm and

negotiated spot market.

 

                                     FOB                       FOB

                                Price/Bushel            Weighted Average

                                                  11/01/08  10/18/08  11/07/07

Organic Corn

   Food Yellow

   Feed Yellow                  9.00- 11.00           9.51     10.09      9.32

Organic Soybeans

   Food Grade                  23.00- 27.00          25.60

   Feed Grade                  19.50- 24.00          22.96               15.72

   Soybean Meal

Organic Oats

   Food Grade

   Feed Grade                   4.50- 5.00            4.75      4.67      3.82

Organic Barley

   Food Grade

   Feed Grade                   7.00- 8.00            7.14

Organic Wheat

   Food Grade (Spring)

   Food Grade (HRW)

   Feed Grade (HRW)             9.25- 9.50            9.46

   Food Grade

   Feed Grade

Organic Rye

   Feed Grade

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                       165.00- 185.00

   Fair

   Utility

Organic Grass Hay

   Premium

   Good

   Fair

Organic Straw

==============================================================================

Monthly and Quarterly Organic Prices

                          Sep 08      Aug 08    Sep 07    3rd Qtr 2008

Food Grade Corn

Feed Grade Corn           10.65       11.38     10.08     11.06

Food Grade Soybeans                   31.41               30.83

Feed Grade Soybeans       29.16       29.87     14.41     28.24

Food Grade Oats                       5.99                5.99

Feed Grade Oats           4.57        4.82      3.45      4.61

Feed Grade Barley         8.21        7.43      6.64      7.51

Food Grade Wheat

Feed Grade Wheat                                8.73

Food Grade Wheat (SRW)                                    15.53

Feed Grade Wheat (SRW)

Food Grade Wheat (HRW)    16.28       16.46               16.34

Feed Grade Wheat (HRW)                                    9.48

Food Grade Wheat (Spring) 18.47       18.61               18.58

Feed Grade Wheat (Spring)

Feed Grade Rye            10.28       10.56               10.45

Feed Grade Peas

Food Grade Golden Flax

==============================================================================

Developed in partnership with the University of Minnesota, Endowed

Chair in Agricultural Systems, School of Agriculture.

 

 

Source:

   USDA Market News Service, Des Moines, IA

   Phone:  (515)284-4460

 

ams.usda.gov