Added September 11, 2011.
Corn Price Update September 2011
Upper Midwest (Des Moines, IA)
9/7/2011
For the following states: WI, MN, IA, SD, ND, NE, KS, MO
Organic grain and feedstuffs were lightly tested due to very limited trade this period. Feed grade corn was stable as many are stretching out their previous year’s inventory, although light trade was reported throughout the region due to increasingly limited supplies. Some farmers throughout the Dakotas have reported issues with aphids on their soybeans as of late, and are very concerned with the potential harm that could be done if left untreated. Many are waiting to see what this year’s harvest brings.
Monthly and quarterly prices are located below. All prices FOB price per bushel except where stated (trucking cost needs to be added).
|
9/3/11 |
Aug 11 |
July 11 |
June 11 |
May 11 |
2nd qtr 11 |
Aug 10 |
|
|
Feed Grade Corn |
13.32 |
13.51 |
12.39 |
11.08 |
10.12 |
10.59 |
4.66 |
|
Food Grade Soybeans |
|
|
20.05 |
|
|
|
|
|
Feed Grade Soybeans |
18.83 |
18.91 |
18.85 |
19.04 |
18.95 |
19.05 |
16.33 |
|
Feed Grade Oats |
|
|
|
|
|
5.38 |
|
|
Feed Grade Barley |
|
|
8.34 |
8.14 |
|
7.90 |
|
|
Food Grade Wheat |
|
|
|
|
|
|
9.34 |
|
Feed Grade Wheat |
|
8.94 |
9.01 |
|
|
|
4.46 |
|
Soybean meal |
|
|
|
|
|
795.17 |
|
|
Feed Grade Peas |
|
11.51 |
|
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|
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|
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Organic Alfalfa - Premium |
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Organic Alfalfa – Good |
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Eastern Cornbelt (Springfield, IL)
September 7, 2011
For the following states: IL, IN, OH, MI, PA, NC, NY, VT
Organic grain and feedstuffs prices were mixed, with feed grade corn reportedly slightly lower. Feed grade soybeans and soft red winter wheat were steady to firm this period, with moderate offerings and moderate to good demand. The recent heat spell throughout the Eastern Cornbelt paired with the lack of rain in some areas has some farmers worried about their yields this year, especially for corn. Volumes of feed grade barley being traded are increasing light of the current corn situation, with the wide range reported due in part to many cleaning out their bins.
All prices FOB price per bushel except where stated (trucking cost needs to be added). Monthly and quarterly prices are located below.
|
|
9/3/11 |
Aug 11 |
July 11 |
June 11 |
May 11 |
2nd qtr 2011 |
Aug 10 |
|
Feed Grade Corn |
13.50 |
14.01 |
12.39 |
11.61 |
10.57 |
10.55 |
4.66 |
|
Food Grade Wheat |
|
|
|
|
|
8.37 |
|
|
Feed Grade Wheat |
|
9.06 |
9.17 |
|
9.76 |
|
4.46 |
|
Feed Grade Barley |
|
|
|
|
|
5.57 |
|
|
Feed Grade Soybeans |
19.42 |
18.84 |
18.85 |
18.82 |
|
18.77 |
16.33 |
|
Soybean meal/ton |
|
|
|
|
|
770/ton |
|
|
Feed Grade Oats |
|
|
|
|
|
|
|
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Feed Grade Peas |
|
|
|
|
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|
|
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Organic Alfalfa – Good |
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Organic Grass Hay – Utility |
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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 2005-2008 |
58.06% |
71.21% |
71.35% |
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
