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Grain Market Update, January 2010

Added January 11, 2010

Corn Price Update January 2010
Upper Midwest (Des Moines, IA)
12/30/09

Compared to two weeks ago, organic grain and feedstuff prices traded steady with the holiday season and severe winter weather. Wheat trade was at a near standstill and low test weights on corn are becoming more predominant as harvest progresses. Alfalfa was reported at $1.00-$1.10 per RFV point.

All prices FOB price per bushel except where stated (trucking cost needs to be added)


12/26/09

Nov 09

Oct 09

Sept 09

3rd qtr 09

3rd Qtr 2008

Feed Grade Corn

5.45

5.55

5.45

5.68

6.18

11.06

Food Grade Soybeans

20.41

18.97

19.52

19.52

30.83

Feed Grade Soybeans

16.92

17.08

17.46

17.98

18.94

28.24

Feed Grade Oats

3.15

3.36

3.26

3.07

3.48

5.99

Feed Grade Barley

4.09

4.39

6.25

5.99

7.51

Food Grade Wheat

7.28

9.82

9.60

7.62

7.83

15.53

Feed Grade Wheat

4.63

6.03

6.30

6.12

9.48

Soybean meal

824/ton

855/ton

910/ton

Feed Grade Peas

9.85

9.85

9.89

10.47

11.12

Feed Grade Barley

4.39

5.99

Organic Alfalfa - Premium

160-170/ton

235-250/ton

Organic Alfalfa – Good

Eastern Cornbelt (Springfield, IL)
12/01/09

Compared to two weeks ago, organic grain and feedstuff prices traded steady to weak with light trading as many producers were emptying out their inventory to complete year end contract deliveries.

All prices FOB price per bushel except where stated (trucking cost needs to be added)


12/26/09

Nov 09

Oct 09

Sep 09

3rd qtr 09

3rd qtr 08

Feed Grade Corn

6.05

6.17

6.31

6.94

8.00

11.39

Food Grade Wheat

6.07

9.77

14.99

Feed Grade Wheat

5.10

5.71

5.79

6.84

10.34

Feed Grade Barley

4.41

4.05

4.52

6.25

6.49

8.47

Feed Grade Soybeans

16.38

16.67

18.28

20.38

19.11

27.48

Soybean meal/ton

764/ton

801/ton

807/ton

855/ton

911/ton

Feed Grade Oats

3.47

3.81

3.52

3.53

3.89

5.56

Organic Alfalfa – Good

Organic Grass Hay – Utility

20082009feed_prices1

20082009feed_prices2

20082009feed_prices3

20082009feed_prices4

Northeast Organic grain price 2005-2009


Year

12% CP Grain

16% CP Grain

18% CP Grain

2005

$ 310

$ 330

$ 349

2006

$ 350

$ 380

$ 395

2007

$ 360

$ 393

$ 412

2008

$ 547

$ 588

$ 608

2009

$ 400

$ 500

$ 540

% increase 2005-2009

29.03%

51.52%

54.73%

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