cows in field
NODPA Logo

Grain Market Update, July 2009

Added July 1, 2009

Corn Price Update

Upper Midwest (Des Moines, IA)
7.1.09
Organic grain and feedstuff prices were steady on light demand and offerings with nearly inactive market trade, compared to two weeks ago. Producers are busy in the field and waiting to see what direction prices will go. Soybean plantings continue to lag in some areas. Most field reports are that crops look good. There are inquires on hay for first cutting.
All prices FOB price per bushel except where stated (trucking cost needs to be added)

6/13/09

May 2009

April 2009

1st qtr 09

June 08

Feed Grade Corn

7.69

7.42

7.45

8.16

10.82

Food Grade Soybeans

20.10

21.04

Feed Grade Soybeans

20.47

19.18

17.70

18.00

28.63

Feed Grade Oats

4.17

4.14

4.45

Feed Grade Barley

6.08

6.09

7.55

8.71

Food Grade Wheat

10.14

Feed Grade Wheat

6.99

7.66

7.89

Feed Grade Rye

Feed Grade Peas

11.91

Feed Grad Golden Flax

Organic Alfalfa - Premium

155-160/ton

Organic Alfalfa – Good

190-200/ton

Organic Alfalfa – Utility

125-135/ton

Eastern Cornbelt (Springfield, IL)
6/13/09
Compared to two weeks ago, organic grain and feedstuff prices were steady. Demand was light to moderate for moderate offerings. Trading activity was very light. Market uncertainties and heavy old crop supplies of corn and soybeans have created a market which is difficult to predict. Feed grade corn is traded steady and feed grade soybeans were steady to firm.

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

6/13/09

May 09

March 09

1st qtr 09

June 08

Feed Grade Corn

8.0

7.9

8.57

8.80

9.93

Food Grade Wheat

9.50

9.67

10.25

10.25

21.53

Feed Grade Wheat

6.76

7.82

7.94

Feed Grade Barley

6.54

7.23

7.62

Feed Grade Soybeans

21.40

19.94

20.64

21.38

28.71

Soybean meal/ton

880/ton

Feed Grade Oats

4.15

5.21

5.24

4.93

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

$ 525

$ 538

$ 565

% increase 2005-2009

73.22%

78.18%

74.21%

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