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East & Midwest Grain & Hay Prices, September 14, 2008

Added September 14, 2008

The wheat market is seeing a bit of weakening as many users are quickly filling their needs after a good harvest. No new crop soybean contracts were reported as producers are still in a wait and see mode, especially with the cooler, wet weather. Some big volumes of new crop corn contracts are being sold from $10.00 per bushel to $10.75 per bushel. There just seems to be a lot of uncertainty in that market.

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

Upper Midwest (Des Moines, IA)
9/10/08
Compared to two weeks ago, organic grain and feedstuff prices were mostly steady on moderate demand and offerings. The wheat market is seeing a bit of weakening as many users are quickly filling their needs after a good harvest. No new crop soybean contracts were reported as producers are still in a wait and see mode, especially with the cooler, wet weather. Some big volumes of new crop corn contracts are being done from $10.00 per bushel to $10.75 per bushel. There just seems to be a lot of uncertainty in that market.
All prices FOB price per bushel except where stated (trucking cost needs to be added)


9/6/08

Aug 2008

July 08

June 08

2nd Quarter 2008

Feed Grade Corn

10.66

11.38

10.92

10.82

10.44

Food Grade Soybeans

31.41

30.56

29.28

Feed Grade Soybeans

29.16

29.87

26.44

28.63

26.73

Feed Grade Oats

4.89

4.82

6.00

Feed Grade Barley

8.21

7.43

8.71

8.11

Food Grade Wheat

18.61

17.44

Feed Grade Wheat

16.66

15.86

15.36

Feed Grade Rye

10.28

10.56

12.15

Feed Grade Peas

Feed Grad Golden Flax

35.52

Organic Alfalfa – Good

260-275/ton

235-250/ton

Organic Alfalfa – Utility

Eastern Cornbelt (Springfield, IL)
8/13/08
Compared to two weeks ago, organic grain and feedstuff prices were steady to higher. Trading activity was moderate for light to moderate offerings. Feed grade corn was higher on good demand. Food grade soft red wheat was steady to firm. Small grains were steady. This week, few cases have showed test weights for new crop wheat lower than last year. Test weights have been reported averaging 57 lbs/per bushel.
All prices FOB the farm and negotiated spot market.

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


8/9/08

June 08

May 08

April 08

2nd qtr 08

Feed Grade Corn

11.91

9.93

10.04

9.91

9.95

Food Grade Wheat

15.42

21.53

21.53

Feed Grade Wheat

Feed Grade Barley

8.73

Feed Grade Soybeans

27.67

28.71

26.75

25.93

26.83

Soybean meal/ton

Feed Grade Oats

4.93

5.68

5.48

5.57

Organic Alfalfa – Good

185/ton

Organic Grass Hay – Utility

125/ton

October2008feedpricescorn

October2008feedpricessoy

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