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Feed Price Summary January 2012

Added January 19, 2012.

Corn Price Update January 2012
Upper Midwest (Des Moines, IA)
December, 28 2011
For the following states: WI, MN, IA, SD, ND, NE, KS, MO

Compared to two weeks ago, organic grain and feedstuffs prices were mostly steady, with a weaker undertone.  Feed grade corn was steady, while feed grade soybeans averaged $0.75 higher with soybean meal $25.00 lower on a light test.  Demand for most commodities continues to be moderate to good, with offerings mostly light for most commodities.  Most contacts said trading was very slow due to many producers waiting until the new year to sell sizable amounts of grain.  Weather continues to be mild, with some areas experiencing rain and snow. Monthly and quarterly prices are located below. All prices FOB price per bushel except where stated (trucking cost needs to be added)


                                             

11/30/11

Nov 11

October 11

3rd qtr. 11

Jan 11

Feed Grade Corn

11.50

11.24

11.22

12.4

7.59

Food Grade Soybeans

 

 

22.45

20.41

 

Feed Grade Soybeans

19.44

19.69

19.28

19.05

17.52

Feed Grade Oats

5.5

505

 

4.74

 

Feed Grade Barley

9.06

8.71

5.11

8.28

5.53

Food Grade Wheat

9.05

15

12.84

13.66

 

Feed Grade Wheat

11.31

9.48

11.31

8.92

 

Soybean meal

900

821.25

833.08

802.00

 

Feed Grade Peas

12.5

 

 

11.51

 

Organic Alfalfa - Premium

 

 

 

 

 

Organic Alfalfa – Good

 

 

 

 

 

 

 

 

 

 

 

Eastern Cornbelt (Springfield, IL)
November 2, 2011
For the following states: IL, IN, OH, MI, PA, NC, NY, VT

Organic grain and feedstuffs prices are trading mostly higher. Feed corn in the IN/IL/OH/MI area traded mostly $11.50-$12.50/bushel, while corn in the Northeast traded $13.00-$16.16/bushel.  Good demand was reported for corn while demand for all other grains was moderate. Light offerings of grain with moderate demand were reported throughout the region.  Livestock producers are searching for more feed grade wheat due to the current corn prices. All prices FOB price per bushel except where stated (trucking cost needs to be added). Monthly and quarterly prices are located below.

                                              

12/28/11

Dec 11

Nov 11

Oct 11

4th qtr 2011

Jan 11

Feed Grade Corn

12.42

12.42

12.12

11.9

12.12

7.17

Food Grade Wheat

10.4

10.40

9.99

 

10.19

7.30

Feed Grade Wheat

10.02

0

8.62

9.51

9.28

 

Feed Grade Barley

10.48

10.48

10.00

 

10.67

4.76

Feed Grade Soybeans

20.5

20.49

20.22

19.64

20.10

17.25

Soybean meal/ton

893/ton

893

850/ton

835/ton

846/ton

758/ton

Feed Grade Oats

6.07

6.07

5.83

5.5

5.99

2.84

Feed Grade Peas

 

 

 

 

15

 

Organic Alfalfa – Good

$300

 

 

 

 

 

Organic Grass Hay – Utility

$250

 

 

 

 

 


 

 

 


Courtesy of Bob Parsons, University of Vermont

Northeast Organic grain price 2005-2010


Year

12% CP Grain

16% CP Grain

18% CP Grain

2005

$310

$330

 $349

2006

$350

$380

 $395

2007

$360

$393

 $412

2008

$490

$565

 $598

2009

$540

$585

 $620

2010

$460

$480

 $509

2011

$650

$700

$750

% increase 2005-08

58%

71%

71%

% increase 2005-09

74%

77%

77%

% increase 2010-11

41%

46%

47%

Courtesy of Green Mountain Feeds and University of Vermont
Current market price for organic dry shelled corn is between $500-525 / ton and organic raw soybeans are between $21-23/bushel. Second cut hay is selling for around $200-250 /ton and high quality alfalfa hay at $450/ton at the farm.

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
National Organic Grains and Feedstuffs:
http://www.ams.usda.gov/mnreports/lsbnof.pdf