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Feed Price Summary September 2012

Added September 10, 2012.

Corn Price Update September 1st 2012
National Organic Grain and Feedstuffs Report
Information provided by the USDA livestock and Grain Market News who have combined their reporting into one national report.
 
Trading in national organic grain and feedstuffs were mixed with pricing for old and new crop grains beginning to show a state-by-state price difference, with some in hard-hit areas of drought receiving higher priced offers than those in areas that received considerably more moisture this growing period. Some organic operations are reportedly experiencing a decrease in financial support from financial institutions, as well as a lack of continued interest in their operations, due to rising costs of feed. Feed grade corn was higher with slightly greater volumes of grain reportedly having been traded than recent months. Soybeans were mostly steady with a firm undertone and very light offerings, while oats were lower on a light test. Demand remains good for alternative feed grade grains, while the demand for corn is moderate due to the current market prices. Interest and trades of feed grade wheat were greater this period due to the rising corn prices and extremely limited availability. No specific region is reported to have ample supplies of corn or soybeans at this time. New crop feed corn contracts have been scarcely reported as of late, but bids of $15.00/bushel have reportedly been denied by some farmers. Yields for new crop corn and soybeans are largely in question at this time due to the lack of official USDA data on organic crop progress, however, wheat harvest in the Northern Plains is reportedly very good for many producers in regards to test weight, quality and protein.

Organic alfalfa pellets, 17% protein, were 420.00/ton in Nebraska. Good quality three-way mixed forage hay was 170.00/ton in the Northern Inter-Mountain region of California. Small square bales of premium alfalfa hay in Lake County, Oregon were 285.00/ton; large squares of premium alfalfa hay were 280.00/ton in the Klamath Basin; utility large squares were 175.00/ton in the same region.

Prices negotiated spot market, FOB the farm. Prices quoted $/bushel, except soybean meal ($/ton and FOB the mill) and roasted soybeans, $/ton. Hay reported FOB the stack or barn unless otherwise noted. Soybean oil, sunflowers, spelt, cents/lb.

                                             

Aug 2012

July 2012

June 2012

2nd qtr. 12

Aug  2011

Feed Grade Corn

16.72

15.89

15.07

14.22

13.34

Food Grade Soybeans

 

 

 

 

 

Feed Grade Soybeans

29.83

28.4

28.05

27.37

19.12

Feed Grade Oats

5.03

5.24

5.5

5.5

5.13

Feed Grade Barley

10.8

10.04

 

 

5.13

Food Grade Wheat

14.89

14.33

 

13.72

 

Feed Grade Wheat

10.36

10.47

10.43

10.68

 

Soybean meal

1264/ton

 

$1248/ton

$1,177/ton

 

Feed Grade Peas

 

 

 

 

10.27

Organic Alfalfa - Premium

 

 

 

 

 

Organic Alfalfa – Good

 

 

 

 

 

Organic Grass Hay

 

 

 

 

 


 


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 $550-600 / ton and organic raw soybeans are between $850-900/ ton. 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.
National Hay, Feed & Seed Weekly Summary  http://www.ams.usda.gov/mnreports/lswfeedseed.pdf
Bi weekly National Organic Grains and Feedstuffs: http://www.ams.usda.gov/mnreports/lsbnof.pdf