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 |
|
|
|
|
|
|
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Organic Alfalfa – Good |
|
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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 |
|
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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
