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Feed Price Summary August 2011

Added August 4, 2011.

Corn Price Update August 2011
Upper Midwest (Des Moines, IA)
7/27/11
For the following states: WI, MN, IA, SD, ND, NE, KS, MO

Over the last month organic grain and feedstuffs were trading mostly higher, with feed grade barley averaging lower this period. Grain trade was very light in July due in part to the unusual high temperatures for this time of year in the Upper Midwest.  Extremely limited supplies of corn have hampered trade as well, while interest in smaller feed grade grains this period was less than the previous reporting period. Feed grade corn remains in good demand, with light demand reported for feed grade soybeans and barley.

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


                                              

7/23/11

June 11

May 11

April 11

2nd qtr 11

Aug 10

Feed Grade Corn

12.08

11.08

10.12

10.19

10.59

4.66

Food Grade Soybeans

 

 

 

 

 

 

Feed Grade Soybeans

19.25

19.04

18.95

19.14

19.05

16.33

Feed Grade Oats

5.20

 

 

5.20

5.38

 

Feed Grade Barley

7.78

8.14

 

7.88

7.90

 

Food Grade Wheat

 

 

 

 

 

9.34

Feed Grade Wheat

9.21

 

 

 

 

4.46

Soybean meal

 

 

 

806.11

795.17

 

Feed Grade Peas

11.51

 

 

10.27

 

 

Organic Alfalfa - Premium

 

 

 

 

 

 

Organic Alfalfa – Good

 

 

 

 

 

 

 

 

 

 

 

 

 

Eastern Cornbelt (Springfield, IL)
7/27/11
For the following states: IL, IN, OH, MI, PA, NC, NY, VT

Light to moderate offerings were reported on all grains except for corn, of which offerings were very light. Trade in organic grain and feedstuffs prices were mixed, with feed grade corn and feed grade soybeans higher, while feed grade soft red winter wheat was lower. Offerings of grain this period were very light, with good demand for corn and light to moderate demand for all other grains.

Corn is reportedly in extremely short supply and the heat wave across the corn belt has minimized feed usage. Volumes of feed grade barley being traded are increasing in light of the current corn situation, with the wide range reported due in part to many cleaning out their bins.

All prices FOB price per bushel except where stated (trucking cost needs to be added). Monthly and quarterly prices are located below.

                                             

7/27/11

June 11

May 11

2nd qtr 2011

Aug 10

Feed Grade Corn

12.21

11.61

10.57

10.55

4.66

Food Grade Wheat

 

 

 

8.37

 

Feed Grade Wheat

9.03

 

9.76

 

4.46

Feed Grade Barley

8.53

 

 

5.57

 

Feed Grade Soybeans

19.10

18.62

 

18.77

16.33

Soybean meal/ton

 

 

 

770/ton

 

Feed Grade Oats

 

 

 

 

 

Feed Grade Peas

 

 

 

 

 

Organic Alfalfa – Good

 

 

 

 

 

Organic Grass Hay – Utility

 

 

 

 

 


 

 



e

 e

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

% increase 2005-2008

58.06%

71.21%

71.35%

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