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Feed Price Summary July 2011

Added July 18, 2011

Corn Price Update March 2011
Upper Midwest (Des Moines, IA)
6/29/11
For the following states: WI, MN, IA, SD, ND, NE, KS, MO

Over the last month organic feed grade corn has jumped a dollar per bushel to match the highs of 2008 and is now priced at 260 % higher than 2010. Feed grade soybeans and barley were slightly lower on the weighted average, but mostly steady throughout the price range. Moderate demand and offerings were reported for those grains.

Most grain buyers and producers alike are in a "wait-and-see" mode, with much anticipation about the how organic planting and growth has been in one of the most difficult years for organic. Monthly and second quarter average prices are located below.

All prices FOB price per bushel except where stated (trucking cost needs to be added)


                                             

6/25/11

May 11

April 11

2nd qtr 11

July 10

Feed Grade Corn

11.20

10.12

10.19

10.59

4.38

Food Grade Soybeans

 

 

 

 

20.45

Feed Grade Soybeans

18.87

18.95

19.14

19.05

16.54

Feed Grade Oats

5.20

 

5.20

5.38

2.81

Feed Grade Barley

8.07

 

7.88

7.90

3.62

Food Grade Wheat

 

 

 

 

 

Feed Grade Wheat

 

 

 

 

4.44

Soybean meal

 

 

806.11

795.17

763.00

Feed Grade Peas

 

 

10.27

 

 

Organic Alfalfa - Premium

 

 

 

 

 

Organic Alfalfa – Good

 

 

 

 

 

 

 

 

 

 

 

Eastern Cornbelt (Springfield, IL)
6/29/11
For the following states: IL, IN, OH, MI, PA, NC, NY, VT

Light to moderate offerings were reported on all grains except for corn, of which offerings were very light. Demand was reportedly moderate to good. While moisture concerns are still on the minds of many, supplies of corn are in the forefront for most that use feed grains on a regular basis. Volumes of feed grade barley being traded are increasing in light of the current corn situation, with the wide range reported due in part to many cleaning out their bins.
All prices FOB price per bushel except where stated (trucking cost needs to be added). Monthly and quarterly prices are located below.

                                             

6/25/11

June 11

May 11

2nd qtr 2011

July 10

Feed Grade Corn

11.64

11.61

10.57

10.55

4.99

Food Grade Wheat

 

 

 

8.37

6.00

Feed Grade Wheat

 

 

9.76

 

4.93

Feed Grade Barley

7.19

 

 

5.57

4.25

Feed Grade Soybeans

18.23

18.62

 

18.77

16.72

Soybean meal/ton

 

 

 

770/ton

763/ton

Feed Grade Oats

 

 

 

 

3.01

Feed Grade Peas

 

 

 

 

 

Organic Alfalfa – Good

 

 

 

 

 

Organic Grass Hay – Utility

 

 

 

 

 


 

e

 e

Northeast Organic grain price 2005-2010


Year

12% CP Grain

16% CP Grain

18% CP Grain

2005

 $                   310

 $                     330

 $                   349

2006

 $                   350

 $                     380

 $                   395

2007

 $                   360

 $                     393

 $                   412

2008

 $                   490

 $                     565

 $                   598

2009

 $                   540

 $                     585

 $                   620

2010

 $                   460

 $                     480

 $                   509

% increase 2005-2008

58.06%

71.21%

71.35%

Located below are the links to latest organic price reports.
Upper Midwest Organic Grain and Feedstuff  http://www.ams.usda.gov/mnreports/nw_gr113.txt
Eastern Corn Belt Organic Grain Feedstuff  http://www.ams.usda.gov/mnreports/gx_gr120.txt
National Hay, Feed & Seed Weekly Summary  http://www.ams.usda.gov/mnreports/lswfeedseed.pdf
National Organic Grains and Feedstuffs: http://www.ams.usda.gov/mnreports/lsbnof.pdf