Added September 6, 2010
Corn Price Update, September 2010
Upper Midwest (Des Moines, IA)
8/25/10
Organic grain and feedstuffs prices were trading very firm on moderate offerings and light to moderate demand. Food grade wheat trade remains very limited in the Upper Midwest while feed grade barley was more active throughout the region this period. While reports of "sudden death" in conventional soybeans are quite prevalent as of late, reports of critical issues in organic beans have been reported by some farmers with a few plowing them under because of weed pressure.
Monthly and fourth quarter average prices are located below.
All prices FOB price per bushel except where stated (trucking cost needs to be added).
|
8/20/10 |
July 10 |
June 10 |
May 10 |
April 10 |
2nd qtr 10 |
Aug 09 |
|
|
Feed Grade Corn |
4.59 |
4.38 |
4.57 |
4.6 |
4.58 |
4.58 |
6.20 |
|
Food Grade Soybeans |
18.97 |
20.45 |
22.25 |
19.01 |
|
19.63 |
|
|
Feed Grade Soybeans |
16.17 |
16.54 |
16.59 |
16.48 |
15.99 |
16.20 |
19.37 |
|
Feed Grade Oats |
2.81 |
|
|
3.21 |
|
3.21 |
3.70 |
|
Feed Grade Barley |
3.86 |
3.62 |
3.47 |
3.91 |
4.42 |
3.58 |
5.81 |
|
Food Grade Wheat |
|
|
|
10.17 |
|
7.55 |
|
|
Feed Grade Wheat |
|
4.44 |
4.59 |
|
|
|
5.65 |
|
Soybean meal |
747/ton |
|
763/ ton |
768/ton |
715/ton |
757/ton |
|
|
Feed Grade Peas |
7.96 |
|
|
8.42 |
8.24 |
8.24 |
11.57 |
|
Organic Alfalfa - Premium |
|
|
|
|
|
|
|
|
Organic Alfalfa – Good |
|
|
|
|
|
|
|
Eastern Cornbelt (Springfield, IL)
8/25/10
Trading in organic grain and feedstuff prices were mostly steady. Demand was light for moderate offerings. Trade activity was slow in preparation for the Fall harvest.
All prices FOB price per bushel except where stated (trucking cost needs to be added).
|
|
8/21/10 |
July 10 |
June 10 |
May 10 |
April 10 |
2nd qtr 10 |
Aug 09 |
|
Feed Grade Corn |
5.13 |
4.99 |
5.16 |
5.40 |
5.75 |
5.31 |
7.02 |
|
Food Grade Wheat |
|
6.00 |
|
7.17 |
7.00 |
7.31 |
|
|
Feed Grade Wheat |
|
4.93 |
4.83 |
5.40 |
5.73 |
5.01 |
5.92 |
|
Feed Grade Barley |
4.30 |
4.25 |
4.25 |
4.39 |
4.98 |
4.50 |
5.16 |
|
Feed Grade Soybeans |
16.20 |
16.72 |
16.53 |
|
17.23 |
16.91 |
19.82 |
|
Soybean meal/ton |
762/ton |
763/ton |
|
|
770 |
756/ton |
929/ton |
|
Feed Grade Oats |
2.91 |
3.01 |
3.5 |
2.92 |
2.97 |
2.98 |
3.71 |
|
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
Posted: to Organic Pay, Feed & Grain Prices on Mon, Sep 6, 2010
Updated: Mon, Sep 6, 2010
