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Feed Price Summary October 2011

Added October 10, 2011.

Corn Price Update September 2011
Upper Midwest (Des Moines, IA)
10/1/2011

For the following states: WI, MN, IA, SD, ND, NE, KS, MO

Organic grain and feedstuffs were lightly tested due to very limited trade this period.  Feed grade corn was stable as many are stretching out their previous year’s inventory, although light trade was reported throughout the region due to increasingly limited supplies. Some farmers throughout the Dakotas have reported issues with aphids on their soybeans as of late, and are very concerned with the potential harm that could be done if left untreated. Many are waiting to see what this year’s harvest brings on both the conventional and organic market.

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


                                             

10/1/11

September 11

August 11

3rd qtr 11

Oct 10

Feed Grade Corn

11.33

11.94

13.51

12.4

5.67

Food Grade Soybeans

21.67

21.67

 

20.41

19.71

Feed Grade Soybeans

19

19.01

18.91

19.05

16.18

Feed Grade Oats

 

4.25

 

4.74

2.75

Feed Grade Barley

 

6.5

 

8.28

 

Food Grade Wheat

 

14

13.73

13.66

 

Feed Grade Wheat

8.25

8.34

8.94

8.92

 

Soybean meal

822.5

822.5

 

802.00

768.63

Feed Grade Peas

 

 

11.51

11.51

9.0

Organic Alfalfa - Premium

 

 

 

 

 

Organic Alfalfa – Good

 

 

 

 

 

 

 

 

 

 

 

Eastern Cornbelt (Springfield, IL)
October 1, 2011
For the following states: IL, IN, OH, MI, PA, NC, NY, VT
Organic grain and feedstuffs prices were mixed, with feed grade corn reportedly slightly lower. Feed grade soybeans and soft red winter wheat were steady to firm this period, with moderate offerings and moderate to good demand. Volumes of feed grade barley being traded are increasing light of the current corn situation, with the wide range reported due in part to many cleaning out their bins and uncertainty with market conditions.
All prices FOB price per bushel except where stated (trucking cost needs to be added). Monthly and quarterly prices are located below.

                                              

10/1/11

Sept 11

August 11

3rd qtr 2011

Oct 10

Feed Grade Corn

12.11

12.17

14.01

12.64

5.67

Food Grade Wheat

 

 

 

 

 

Feed Grade Wheat

8.58

8.64

9.06

9.10

5.58

Feed Grade Barley

 

9.00

 

8.66

5.10

Feed Grade Soybeans

20.00

20.0

18.84

19.12

16.63

Soybean meal/ton

 

 

 

 

740/ton

Feed Grade Oats

 

4.35

 

4.35

3.32

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