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Feed Price Summary March 2012

Added March 8, 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.

February 18, 2012
Trading in national organic grain and feedstuffs are mixed, with very good demand reported for alternative feed grade grains and moderate demand for all other grains. Offerings of grain were moderate for all types, with the exception of domestic soybeans, for which offerings were light. Feed grade corn averaged a lower price this period, with the bulk of the sales throughout the country ranging from 11.50-12.50/bushel, while corn in the Northeast traded $13.00-$16.16/bushel. Argentinian soybeans are still reportedly in use throughout the Eastern United States due to high prices demanded by US producers that livestock farmers cannot currently utilize while maintaining profitability. Soybean meal has jumped by over $200 per ton. New crop contracts are in discussion and of great interest to both buyers

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.

May 8, 2012_Cornprice11

May 8, 2012_soybeanprice22

May 8, 2012_CornandSoybean31

May 8, 2012_purchasedfeedpercow42


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

2011

$650

$700

$750

% increase 2005-08

58%

71%

71%

% increase 2005-09

74%

77%

77%

% increase 2010-11

41%

46%

47%

Courtesy of Green Mountain Feeds and University of Vermont
Current market price for organic dry shelled corn is between $500-525 / ton and organic raw soybeans are between $21-23/bushel. 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.

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