nodpa logo
industry news banner
DONATE NOW
O-DAIRY | CONTACT US | NEWSLETTER LOGIN | E-LETTER SIGNUP | CALENDAR


Home

Organic Checkoff
Field Days Archives

NODPA Industry News
NODPA Position •   
Statements      

FOOD Farmers •   
Position Statements      

National Organic •   
Coalition      

Action Alerts •   
NODPA Surveys •   
National News
Feed & Grain Prices Organic Pay Price
O-Dairy ListServ

Events
Farmer Classifieds
Business Directory
Newsletters
Advertising
Contact Us

Resources
Featured Farms

About NODPA
Membership
Support NODPA

 

 

 

 

 

 

 

Grain Market Update

Added June 1, 2009

Corn Price Update

Upper Midwest (Des Moines, IA)
5/16/09
Organic grain and feedstuff prices were mostly steady on moderate demand and offerings with slow market activity, compared to two weeks ago.  Demand for feed grade soybeans has picked up over the past couple of weeks, pushing prices higher.  Planting progress continues to lag.  According to the USDA, as of May 17, 62 percent of the conventional corn crop was planted, down from the 5 year average of 85 percent.  North Dakota's corn planting progress was 23 percent versus 75 percent for the 5 year average.  Soybean planting progress was 25 percent completed, compared to the average of 44 percent.  

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


                                              

5/16/09

April 2009

Mar 2009

1st  qtr 09

April 2008

Feed Grade Corn

7.05

7.45

7.59

8.16

10.26

Food Grade Soybeans

 

20.10

20.19

21.04

28.59

Feed Grade Soybeans

19.18

17.70

17.71

18.00

26.79

Feed Grade Oats

4.17

4.14

4.26

4.45

 

Feed Grade Barley

6.08

6.09

7.27

7.55

8.00

Food Grade Wheat

 

 

9.81

10.14

25.00

Feed Grade Wheat

7.11

7.66

7.62

7.89

15.75

Feed Grade Rye

 

 

 

 

 

Feed Grade Peas

 

 

 

11.91

13.50

Feed Grad Golden Flax

 

 

 

 

 

Organic Alfalfa - Premium

155-160/ton

 

 

 

 

Organic Alfalfa – Good

 

 

 

 

 

Organic Alfalfa – Utility

 

 

 

 

 

Eastern Cornbelt (Springfield, IL)
5.16.09
Compared to two weeks ago, organic grain and feedstuff prices were mostly steady.  Demand was light to moderate for heavy offerings. Feed grade corn was lower on ample supplies.  Wet conditions in the
Eastern cornbelt has dragged producers behind planting activities. According to the USDA, as of May 17, in Illinois only 20 percent of the conventional corn crop has been planted, compared with 92 percent for the 5-year average.  Just the same in Indiana, with 24 percent of the corn crop has been planted versus 83 percent for the 5-year average.
All prices FOB price per bushel except where stated (trucking cost needs to be added)


                                              

5/16/09

April 09

March 09

1st qtr 09

  May 2008

Feed Grade Corn

7.97

8.23

8.57

8.80

10.04

Food Grade Wheat

10.30

10.30

10.25

10.25

21.53

Feed Grade Wheat

6.76

7.01

7.82

7.94

 

Feed Grade Barley

6.54

6.28

7.23

7.62

 

Feed Grade Soybeans

19.83

18.56

20.64

21.38

26.75

Soybean meal/ton

 

 

 

880/ton

 

Feed Grade Oats

 

 

5.21

5.24

5.68

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