Added December 3, 2009
Corn Price Update
Upper Midwest (Des Moines, IA)
12/01/09
Compared to two weeks ago, organic grain and feedstuff prices were steady to firm, with the exception of food grade corn and soybeans which were slightly higher. Light demand and offerings were reported. 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 RFQ point.
All prices FOB price per bushel except where stated (trucking cost needs to be added)
|
11/28/09 |
Oct 2009 |
Sept 2009 |
3rd qtr 09 |
Oct.2008 |
|
|
Feed Grade Corn |
5.49 |
5.45 |
5.68 |
6.18 |
10.06 |
|
Food Grade Soybeans |
20.56 |
19.97 |
19.52 |
19.52 |
25.60 |
|
Feed Grade Soybeans |
17.15 |
17.46 |
17.98 |
18.94 |
23.04 |
|
Feed Grade Oats |
3.31 |
3.26 |
3.07 |
3.48 |
4.66 |
|
Feed Grade Barley |
|
4.39 |
6.25 |
5.99 |
7.23 |
|
Food Grade Wheat |
|
9.60 |
7.62 |
7.83 |
|
|
Feed Grade Wheat |
|
6.03 |
6.30 |
6.12 |
9.45 |
|
Soybean meal |
|
824/ton |
855/ton |
910/ton |
|
|
Feed Grade Peas |
10.06 |
9.89 |
10.47 |
11.12 |
13.83 |
|
Feed Grade Barley |
4.07 |
4.39 |
|
5.99 |
|
|
Organic Alfalfa - Premium |
|
|
160-170/ton |
|
|
|
Organic Alfalfa – Good |
|
|
|
|
|
Eastern Cornbelt (Springfield, IL)
12/01/09
Organic grain and feedstuffs traded steady to weak. Demand and offerings were light to moderate. Organic grain movement was light heading into the Thanksgiving break. Poor crop quality was a factor in driving feed grade corn and soybean prices lower. In some eastern states, this year's corn crop has been stricken with mold and low test weights, which have limited additional grain purchases.
All prices FOB price per bushel except where stated (trucking cost needs to be added)
|
11/28/09 |
Oct 09 |
Sep 09 |
Aug 09 |
3rd qtr 09 |
Oct 08 |
|
|
Feed Grade Corn |
6.10 |
6.31 |
6.94 |
7.02 |
8.00 |
10.30 |
|
Food Grade Wheat |
|
|
|
|
9.77 |
15.50 |
|
Feed Grade Wheat |
5.80 |
5.71 |
5.79 |
5.92 |
6.84 |
10.34 |
|
Feed Grade Barley |
4.05 |
4.52 |
6.25 |
5.16 |
6.49 |
7.47 |
|
Feed Grade Soybeans |
16.26 |
18.28 |
20.38 |
19.82 |
19.11 |
22.48 |
|
Soybean meal/ton |
803/ton |
807/ton |
855/ton |
929/ton |
911/ton |
960/ton |
|
Feed Grade Oats |
3.81 |
3.52 |
3.53 |
3.71 |
3.89 |
5.60 |
|
Organic Alfalfa – Good |
|
|
|
|
|
|
|
Organic Grass Hay – Utility |
|
|
|
|
|
|
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
