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Feed Price Summary November 2011

Added November 13, 2011.

Corn Price Update November 2011
Upper Midwest (Des Moines, IA)
November 2, 2011
For the following states: WI, MN, IA, SD, ND, NE, KS, MO

Organic grain and feedstuffs prices are mixed, with soybeans mostly higher and food grade hard red spring wheat lower. Feed grade corn was not tested two weeks ago, but was reported with good demand and moderate offerings this period. Increased demand and movement for feed and food grade wheat was reported, with moderate offerings in the market. Increased interest in feed grade wheat was reported due to the strength in new crop corn prices, as well as new crop contract prices. New crop corn harvest in Iowa, Minnesota and Nebraska was reported for some to be in the area of 150-180 bushels/acre (an average yield). Some reported soybean yields were approximately 60 bushels/acre in Nebraska.
Monthly and quarterly prices are located below. All prices FOB price per bushel except where stated (trucking cost needs to be added)


                                             

10/29/11

October 11

September 11

August 11

3rd qtr. 11

Oct 10

Feed Grade Corn

11.01

11.22

11.94

13.51

12.4

5.67

Food Grade Soybeans

22.44

22.45

21.67

 

20.41

19.71

Feed Grade Soybeans

19.44

19.28

19.01

18.91

19.05

16.18

Feed Grade Oats

 

 

4.25

 

4.74

2.75

Feed Grade Barley

 

5.11

6.5

 

8.28

 

Food Grade Wheat

 

12.84

14

13.73

13.66

 

Feed Grade Wheat

11.31

11.31

8.34

8.94

8.92

 

Soybean meal

 

833.08

822.5

 

802.00

768.63

Feed Grade Peas

 

 

 

11.51

11.51

9.0

Organic Alfalfa - Premium

 

 

 

 

 

 

Organic Alfalfa – Good

 

 

 

 

 

 

 

 

 

 

 

 

 

Eastern Cornbelt (Springfield, IL)
November 2, 2011
For the following states: IL, IN, OH, MI, PA, NC, NY, VT

Organic grain and feedstuffs prices were mostly higher with feed corn in good demand. Soybean and soybean meal prices were higher with moderate demand and availability. Corn and soybean yield is very varied from the ongoing harvest. Trade in wheat is very active with good demand. All prices FOB price per bushel except where stated (trucking cost needs to be added). Monthly and quarterly prices are located below.

                                             

10/29/11

Oct 11

Sept 11

August 11

3rd qtr 2011

Oct 10

Feed Grade Corn

11.9

11.9

12.17

14.01

12.64

5.67

Food Grade Wheat

 

 

 

 

 

 

Feed Grade Wheat

8.78

9.51

8.64

9.06

9.10

5.58

Feed Grade Barley

 

 

9.00

 

8.66

5.10

Feed Grade Soybeans

19.99

19.64

20.0

18.84

19.12

16.63

Soybean meal/ton

845/ton

835/ton

 

 

 

740/ton

Feed Grade Oats

 

5.5

4.35

 

4.35

3.32

Feed Grade Peas

 

 

 

 

 

 

Organic Alfalfa – Good

 

 

 

 

 

 

Organic Grass Hay – Utility

 

 

 

 

 

 


 


Courtesy of Bob Parsons, University of Vermont

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 2005-08

58%

71%

71%

% increase 2005-09

74%

77%

77%

Courtesy of Green Mountain Feeds and University of Vermont

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