Added July 16, 2012.
Corn Price Update July 1st 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.
July 7th 2012
National organic grain and feedstuffs trading were mixed in June, 2012 with feed grade corn sharply higher and feed grade soybeans averaging lower. While feed grade hard red winter wheat averaged a lower price, old crop wheat was reported between 9.75-10.25/bushel, while new crop wheat was at the higher end of the price range.
Offerings of grains this period were light, with supplies of corn and soybeans remaining extremely tight in many areas, and non-existent in others. Interest in contracting new crop corn is weakening due to higher prices and increasing concerns about drought damage and yield loss from farmers, while buyers are also concerned for the interests of end users of organic grain given these high prices.
Wheat harvest has begun for some in the Upper Midwest, but at this time of publish there are no reports of yield or quality available.
Supplies of corn and beans continue to dwindle, and interest in alternative feed grains remains very high. Supplies of domestic barley and peas are reportedly minimal at best, leaving the only Canadian product to be utilized, which is also said to be minimal.
Fair/good alfalfa hay in the North Inter-Mountain area of California is currently 200.00/ton, while good quality alfalfa hay in the Sacramento Valley is reportedly 237.00/ton this period.
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.
|
|
June 2012 |
May 2012 |
April 2012 |
2nd qtr. 12 |
June 2011 |
|
Feed Grade Corn |
15.07 |
14.44 |
13.61 |
14.22 |
11.35 |
|
Food Grade Soybeans |
|
|
|
|
|
|
Feed Grade Soybeans |
28.05 |
27.83 |
25.88 |
27.37 |
18.95 |
|
Feed Grade Oats |
5.5 |
5.2 |
5.69 |
5.5 |
5.20 |
|
Feed Grade Barley |
|
|
|
|
7.88 |
|
Food Grade Wheat |
|
14.3 |
|
13.72 |
|
|
Feed Grade Wheat |
10.43 |
10.98 |
10.69 |
10.68 |
|
|
Soybean meal |
$1248.11/ton |
$1,241/ton |
$1,1108/ton |
$1,177/ton |
|
|
Feed Grade Peas |
|
|
|
|
10.27 |
|
Organic Alfalfa - Premium |
|
|
$237 |
|
|
|
Organic Alfalfa – Good |
|
|
$200 |
|
|
|
Organic Grass Hay |
|
|
$150 |
|
|
Courtesy of Bob Parsons, University of Vermont
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
