Added July 18, 2011
Corn Price Update March 2011
Upper Midwest (Des Moines, IA)
6/29/11
For the following states: WI, MN, IA, SD, ND, NE, KS, MO
Over the last month organic feed grade corn has jumped a dollar per bushel to match the highs of 2008 and is now priced at 260 % higher than 2010. Feed grade soybeans and barley were slightly lower on the weighted average, but mostly steady throughout the price range. Moderate demand and offerings were reported for those grains.
Most grain buyers and producers alike are in a "wait-and-see" mode, with much anticipation about the how organic planting and growth has been in one of the most difficult years for organic. Monthly and second quarter average prices are located below.
All prices FOB price per bushel except where stated (trucking cost needs to be added)
|
6/25/11 |
May 11 |
April 11 |
2nd qtr 11 |
July 10 |
|
|
Feed Grade Corn |
11.20 |
10.12 |
10.19 |
10.59 |
4.38 |
|
Food Grade Soybeans |
|
|
|
|
20.45 |
|
Feed Grade Soybeans |
18.87 |
18.95 |
19.14 |
19.05 |
16.54 |
|
Feed Grade Oats |
5.20 |
|
5.20 |
5.38 |
2.81 |
|
Feed Grade Barley |
8.07 |
|
7.88 |
7.90 |
3.62 |
|
Food Grade Wheat |
|
|
|
|
|
|
Feed Grade Wheat |
|
|
|
|
4.44 |
|
Soybean meal |
|
|
806.11 |
795.17 |
763.00 |
|
Feed Grade Peas |
|
|
10.27 |
|
|
|
Organic Alfalfa - Premium |
|
|
|
|
|
|
Organic Alfalfa – Good |
|
|
|
|
|
|
|
|
|
|
|
|
Eastern Cornbelt (Springfield, IL)
6/29/11
For the following states: IL, IN, OH, MI, PA, NC, NY, VT
Light to moderate offerings were reported on all grains except for corn, of which offerings were very light. Demand was reportedly moderate to good. While moisture concerns are still on the minds of many, supplies of corn are in the forefront for most that use feed grains on a regular basis. Volumes of feed grade barley being traded are increasing in 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.
|
|
6/25/11 |
June 11 |
May 11 |
2nd qtr 2011 |
July 10 |
|
Feed Grade Corn |
11.64 |
11.61 |
10.57 |
10.55 |
4.99 |
|
Food Grade Wheat |
|
|
|
8.37 |
6.00 |
|
Feed Grade Wheat |
|
|
9.76 |
|
4.93 |
|
Feed Grade Barley |
7.19 |
|
|
5.57 |
4.25 |
|
Feed Grade Soybeans |
18.23 |
18.62 |
|
18.77 |
16.72 |
|
Soybean meal/ton |
|
|
|
770/ton |
763/ton |
|
Feed Grade Oats |
|
|
|
|
3.01 |
|
Feed Grade Peas |
|
|
|
|
|
|
Organic Alfalfa – Good |
|
|
|
|
|
|
Organic Grass Hay – Utility |
|
|
|
|
|
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
