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Feed Price Summary October 2012

Added October 7, 2012.

Corn Price Update October 3rd 2012
National Organic Grain and Feedstuffs Report
Information provided by the USDA livestock and Grain Market News who have combined their reporting into one national report.

Trading in national organic grain and feedstuffs were mostly lower with moderate demand than last month. New crop harvest has begun for the majority of organic farmers and yields have been described as "what you would expect" for drought ravaged areas, and fair to good yields for less stricken areas. No official yield data for organic grains is published by USDA at this time.

Feed grade corn and soybeans prices were lower due mostly in part to the availability of new crop grain. Feed grade wheat was higher with good demand due to corn prices, with many livestock producers feeding more wheat than anticipated earlier this year. Feed wheat remains in the area of $2.00 over the protein point in all regions this period. Barley trade has not been in the forefront of recent trading due largely to the bulk of that commodity being imported from Canada.

While soybean prices have lowered slightly, some buyers and farmers continue to import grains from overseas due to prices demanded by many producers.
Organic alfalfa pellets, 17% protein, were $430.00/ton this period in Nebraska. Alfalfa hay in the North Inter-Mountain area of California was 240.00-280.00/ton for supreme and good quality. Premium oat hay was $155.00/ton in the Sacramento Valley.

Prices negotiated spot market, FOB the farm. Prices quoted $/bushel, except soybean meal ($/ton and FOB the mill) and roasted soybeans, $/ton. Hay reported FOB the stack or barn unless otherwise noted. Soybean oil, sunflowers, spelt, cents/lb.

Sept 2012

Aug 2012

July 2012

3rd qtr. 12

Sep 2011

Feed Grade Corn

15.85

16.72

15.89

16.66

12.06

Food Grade Soybeans

Feed Grade Soybeans

28.55

29.83

28.4

28.86

19.51

Feed Grade Oats

5.04

5.03

5.24

5.16

4.3

Feed Grade Barley

10.04

10.8

10.04

5.13

Food Grade Wheat

14.89

14.89

14.33

13.72

Feed Grade Wheat

11.5

10.36

10.47

10.63

Soybean meal

$1,243/ ton

1,264/ton

$1,242/ton

822/ton

Feed Grade Peas

10.27

Organic Alfalfa - Premium

260/ton

Organic Alfalfa – Good

Organic Grass Hay

October 7, 2012_CornOctober1

October 7, 2012_Soybeens2

October 7, 2012_CornandSobeans3

October 7, 2012Feedpercow4



Courtesy of Bob Parsons, University of Vermont

October 7, 2012_GraonOFARM5

Courtesy of Green Mountain Feeds and University of Vermont
Current market price for organic dry shelled corn is between $550-650 / ton and organic raw soybeans are between $950-1,050/ ton. Second cut hay is selling for around $200-250 /ton and high quality alfalfa hay at $450/ton at the farm.

Located below are the links to latest organic price reports.
National Hay, Feed & Seed Weekly Summary http://www.ams.usda.gov/mnreports/lswfeedseed.pdf
Bi weekly National Organic Grains and Feedstuffs: http://www.ams.usda.gov/mnreports/lsbnof.pdf