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East & Midwest Grain & Hay Prices, November 8, 2008

ADDED NOVEMBER 8, 2008

Upper Midwest (Des Moines, IA)
11.1.08
Compared to two weeks ago, organic grain and feedstuff prices were mostly lower on light demand and moderate offerings with slow market activity.

Economic fears continue to play on the market. Additionally, many producers are focusing on harvesting and not marketing.

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


11/1/08

Sep 2008

Aug 2008

3rd Quarter 2008

Feed Grade Corn

9.51

10.65

11.38

11.06

Food Grade Soybeans

25.60

31.41

30.83

Feed Grade Soybeans

22.96

29.16

29.87

28.24

Feed Grade Oats

4.75

4.57

4.82

5.99

Feed Grade Barley

7.14

8.21

7.43

7.51

Food Grade Wheat

18.61

15.53

Feed Grade Wheat

9.46

16.66

9.48

Feed Grade Rye

10.28

10.56

10.45

Feed Grade Peas

Feed Grad Golden Flax

Organic Alfalfa – Good

165-185/ton

235-250/ton

Organic Alfalfa – Utility

Eastern Cornbelt (Springfield, IL)
11.5.08
Compared to two weeks ago, organic grain and feedstuff prices were steady to lower. Demand was light for light to moderate offerings.

The state of mind for many producers is occupied with completing harvest and fall tillage not marketing organic grains. Trading activity was very light with some organic handlers currently out of the market until buying interest improves. Feed grade corn was slightly lower, wheat and soybeans steady.

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

11/1/08

Oct 08

Sep 2008

Aug 2008

3rd qtr 08

Feed Grade Corn

9.29

10.85

10.85

11.88

11.39

Food Grade Wheat

15.50

15.04

14.99

Feed Grade Wheat

10.39

10.39

10.30

10.34

Feed Grade Barley

7.79

7.79

9.60

8.47

Feed Grade Soybeans

21.70

26.19

26.19

28.25

27.48

Soybean meal/ton

Feed Grade Oats

5.24

5.47

5.47

5.63

5.56

Organic Alfalfa – Good

185/ton

Organic Grass Hay – Utility

125/ton

October2008feedpricescorn

October2008feedpricessoy

Lakeview Organic Grain price list 6/9/08
119 Hamilton Place, Penn Yan, NY 14527
Phone: 315-531-1038

Organic corn

$440/ton

Organic roasted soybeans

$910/ton

Organic 48% soybean meal

$1,320/ton

Organic roasted dry beans

$530/ton

Organic flaxmeal

$760/ton

Organic barley

$460/ton

Organic oats

$410/ton

Organic Sunflowermeal

$545/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