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Feed Price Summary May 2012

Added May 8, 2012.

Corn Price Update May 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.

April 28, 2012
National organic grain and feedstuffs are trading higher with good demand. Offerings of corn and soybeans were light to moderate with very good demand. Feed grade barley was lower on a light test this period, with good demand reported but limited availability in geographic areas where demand is greatest. Feed grade wheat remains in good demand, as farmers are looking for many other sources of protein for livestock feed. Some farmers with inventories of corn and soybeans continue to hold out for higher prices.
Large square bales of supreme organic alfalfa hay this period were $365.00/ton in Idaho.
Some organic operations are still reportedly importing beans from Argentina as needed, along with actively seeking out alternative grains, as the higher prices make it difficult for organic livestock farmers to remain profitable.

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.

4/28/12

March 2012

Feb 2012

Jan 12

4th qtr. 11

April 2011

Feed Grade Corn

13.76

13.64

12.64

12.4

12.17

10.19

Food Grade Soybeans

25.58

23.23

22.55

21.02

Feed Grade Soybeans

26.96

24.61

22.99

22.02

18.40

19.14

Feed Grade Oats

5.69

5.2

5.34

5.00

4.74

5.20

Feed Grade Barley

12.61

9.88

8.88

6.87

7.88

Food Grade Wheat

10.22

9.05

Feed Grade Wheat

10.69

10.70

10.55

11.31

Soybean meal

1118/ton

946.33

900/ton

Feed Grade Peas

12.5

11.51

10.27

Organic Alfalfa - Premium

$370

Organic Alfalfa – Good

$300

$300

Organic Grass Hay

$250

$250

May 8, 2012_Cornprice1

May 8, 2012_soybeanprice2

May 8, 2012_CornandSoybean3

May 8, 2012_purchasedfeedpercow4


Courtesy of Bob Parsons, University of Vermont

May 8, 2012_GraonOFARM5

Northeast Organic grain price 2005-2011


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

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