Added January 19, 2012.
Corn Price Update January 2012
Upper Midwest (Des Moines, IA)
December, 28 2011
For the following states: WI, MN, IA, SD, ND, NE, KS, MO
Compared to two weeks ago, organic grain and feedstuffs prices were mostly steady, with a weaker undertone. Feed grade corn was steady, while feed grade soybeans averaged $0.75 higher with soybean meal $25.00 lower on a light test. Demand for most commodities continues to be moderate to good, with offerings mostly light for most commodities. Most contacts said trading was very slow due to many producers waiting until the new year to sell sizable amounts of grain. Weather continues to be mild, with some areas experiencing rain and snow. Monthly and quarterly prices are located below. All prices FOB price per bushel except where stated (trucking cost needs to be added)
|
11/30/11 |
Nov 11 |
October 11 |
3rd qtr. 11 |
Jan 11 |
|
|
Feed Grade Corn |
11.50 |
11.24 |
11.22 |
12.4 |
7.59 |
|
Food Grade Soybeans |
|
|
22.45 |
20.41 |
|
|
Feed Grade Soybeans |
19.44 |
19.69 |
19.28 |
19.05 |
17.52 |
|
Feed Grade Oats |
5.5 |
505 |
|
4.74 |
|
|
Feed Grade Barley |
9.06 |
8.71 |
5.11 |
8.28 |
5.53 |
|
Food Grade Wheat |
9.05 |
15 |
12.84 |
13.66 |
|
|
Feed Grade Wheat |
11.31 |
9.48 |
11.31 |
8.92 |
|
|
Soybean meal |
900 |
821.25 |
833.08 |
802.00 |
|
|
Feed Grade Peas |
12.5 |
|
|
11.51 |
|
|
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 are trading mostly higher. Feed corn in the IN/IL/OH/MI area traded mostly $11.50-$12.50/bushel, while corn in the Northeast traded $13.00-$16.16/bushel. Good demand was reported for corn while demand for all other grains was moderate. Light offerings of grain with moderate demand were reported throughout the region. Livestock producers are searching for more feed grade wheat due to the current corn prices. All prices FOB price per bushel except where stated (trucking cost needs to be added). Monthly and quarterly prices are located below.
|
|
12/28/11 |
Dec 11 |
Nov 11 |
Oct 11 |
4th qtr 2011 |
Jan 11 |
|
Feed Grade Corn |
12.42 |
12.42 |
12.12 |
11.9 |
12.12 |
7.17 |
|
Food Grade Wheat |
10.4 |
10.40 |
9.99 |
|
10.19 |
7.30 |
|
Feed Grade Wheat |
10.02 |
0 |
8.62 |
9.51 |
9.28 |
|
|
Feed Grade Barley |
10.48 |
10.48 |
10.00 |
|
10.67 |
4.76 |
|
Feed Grade Soybeans |
20.5 |
20.49 |
20.22 |
19.64 |
20.10 |
17.25 |
|
Soybean meal/ton |
893/ton |
893 |
850/ton |
835/ton |
846/ton |
758/ton |
|
Feed Grade Oats |
6.07 |
6.07 |
5.83 |
5.5 |
5.99 |
2.84 |
|
Feed Grade Peas |
|
|
|
|
15 |
|
|
Organic Alfalfa – Good |
$300 |
|
|
|
|
|
|
Organic Grass Hay – Utility |
$250 |
|
|
|
|
|
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
Posted: to Organic Pay, Feed & Grain Prices on Thu, Jan 19, 2012
Updated: Thu, Jan 19, 2012
