Added November 30, 2008
Upper Midwest (Des Moines, IA)
11.16.08
Organic grain and feedstuff prices were mostly lower on light demand and moderate offerings with slow market activity, compared to two weeks ago. The economy continues to be a major factor in the organic market. Harvest progress has been slow. According to USDA NASS, corn harvest in the U.S. is only 78 percent complete, compared to the five year average of 94 percent. In Iowa, 70 percent of the corn harvest is complete, down from the five year average of 95 percent. Nebraska's corn harvest is 67percent complete, compared to the five year average of 93 percent. Organic milo traded from $7.50 to $8.00 per bushel during this period.
All prices FOB price per bushel except where stated (trucking cost needs to be added)
|
11/16/08 |
Oct.2008 |
Sep 2008 |
Aug 2008 |
3rd Quarter 2008 |
|
|
Feed Grade Corn |
9.38 |
10.06 |
10.65 |
11.38 |
11.06 |
|
Food Grade Soybeans |
25.33 |
25.60 |
|
31.41 |
30.83 |
|
Feed Grade Soybeans |
21.99 |
23.04 |
29.16 |
29.87 |
28.24 |
|
Feed Grade Oats |
4.75 |
4.66 |
4.57 |
4.82 |
5.99 |
|
Feed Grade Barley |
7.14 |
7.23 |
8.21 |
7.43 |
7.51 |
|
Food Grade Wheat |
|
|
|
18.61 |
15.53 |
|
Feed Grade Wheat |
9.17 |
9.45 |
|
16.66 |
9.48 |
|
Feed Grade Rye |
|
9.30 |
10.28 |
10.56 |
10.45 |
|
Feed Grade Peas |
|
13.83 |
|
|
|
|
Feed Grad Golden Flax |
|
|
|
|
|
|
Organic Alfalfa – Good |
185-209/ton |
|
|
|
235-250/ton |
|
Organic Alfalfa – Utility |
130-140/ton |
|
|
|
|
Eastern Cornbelt (Springfield, IL)
11.15.08
Compared to two weeks ago, organic grain and feedstuff prices were mostly steady. Demand was light for light to moderate offerings. Trading activity was light as economic issues continue to play major influence in organic prices. With questionable market conditions, many producers have elected not to sell but to wait for higher price levels. Feed grade corn and soybeans was steady. Feed grade oats steady to firm. Offers for soybean meal ranged from 950.00 to 990.00 per ton.
All prices FOB price per bushel except where stated (trucking cost needs to be added)
|
|
11/15/08 |
Oct 08 |
Sep 2008 |
Aug 2008 |
3rd qtr 08 |
|
Feed Grade Corn |
9.62 |
10.30 |
10.85 |
11.88 |
11.39 |
|
Food Grade Wheat |
|
15.50 |
|
15.04 |
14.99 |
|
Feed Grade Wheat |
9.93 |
10.34 |
10.39 |
10.30 |
10.34 |
|
Feed Grade Barley |
7.15 |
7.47 |
7.79 |
9.60 |
8.47 |
|
Feed Grade Soybeans |
21.08 |
22.48 |
26.19 |
28.25 |
27.48 |
|
Soybean meal/ton |
|
960/ton |
|
|
|
|
Feed Grade Oats |
5.33 |
5.60 |
5.47 |
5.63 |
5.56 |
|
Organic Alfalfa – Good |
|
|
|
185/ton |
|
|
Organic Grass Hay – Utility |
|
|
|
125/ton |
|
Hay Price 8/12/08
Northern CA – Supreme Alfalfa hay |
250/ton |
|
Northern CA – Alfalfa/Oats - Good |
180/ton |
|
Washington – Alfalfa - Good |
180/ton |
|
Nevada – Premium Alfalfa |
180/ton |
|
Nevada – Fair Alfalfa |
180/ton |
May 2008 organic grain prices compared to February/April 2007
% Change |
|
|
Eastern Corn Belt April 07 to May 08 |
|
|
Corn |
54.02% |
|
Soybean |
101.76% |
|
Soybean meal |
71.89% |
|
Wheat |
115.45 |
|
Barley |
16.67% |
|
Oats |
75.64% |
|
|
|
|
Upper Mid West Feb 07 to May 08 |
|
|
Corn |
70.13% |
|
Soybean |
44.71% |
|
Wheat |
167.40% |
|
Oats |
69.12% |
|
Barley |
85.61% |
Northeast Organic grain price 2005-2008
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 |
|
% increase 2005-2008 |
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
