Added March 9, 2010
Corn Price Update
February 2010
Upper Midwest (Des Moines, IA)
2/24/10
Organic grain and feedstuff prices are slightly lower with light demand and offerings, while feed grade soybeans traded mostly steady with similar demand. Soybean splits were reported $15-$16 per bushel, and barley trade was very slow. A strong interest in grain trade was noted. Moisture and low test weights continue to have the greatest impact on the Upper Midwest grain markets.
All prices FOB price per bushel except where stated (trucking cost needs to be added)
1/27/10 |
Dec 09 |
Nov 09 |
Oct 09 |
4th qtr 09 |
Jan 09 |
|
Feed Grade Corn |
5.49 |
5.34 |
5.55 |
5.45 |
5.44 |
8.52 |
Food Grade Soybeans |
21.23 |
20.29 |
20.41 |
18.97 |
20.18 |
21.62 |
Feed Grade Soybeans |
16.14 |
16.97 |
17.08 |
17.46 |
17.19 |
18.96 |
Feed Grade Oats |
3.15 |
3.39 |
3.36 |
3.26 |
3.35 |
4.65 |
Feed Grade Barley |
4.04 |
|
4.09 |
4.39 |
4.2 |
7.98 |
Food Grade Wheat |
7.28 |
7.48 |
9.82 |
9.60 |
7.28 |
|
Feed Grade Wheat |
4.58 |
|
|
6.03 |
5.02 |
9.08 |
Soybean meal |
784/ton |
788/ton |
|
824/ton |
803/ton |
|
Feed Grade Peas |
9.51 |
9.85 |
9.85 |
9.89 |
9.63 |
11.91 |
Feed Grade Barley |
|
|
|
4.39 |
5.99 |
7.98 |
Organic Alfalfa - Premium |
|
|
|
|
|
180/ton |
Organic Alfalfa – Good |
|
|
|
|
|
160/ton |
Eastern Cornbelt (Springfield, IL)
1/23/09
Organic grain and feedstuffs traded mixed, with demand and offerings light to moderate. Feed grade soybeans were higher and corn and wheat steady to weak on heavy supplies. Trading volume was light, with interest focused on buying small quantities of organic grains to fulfill immediate needs.
All prices FOB price per bushel except where stated (trucking cost needs to be added)
1/23/10 |
Dec 09 |
Nov 09 |
Oct 09 |
4th qtr 09 |
Jan 09 |
|
Feed Grade Corn |
6.00 |
6.11 |
6.17 |
6.31 |
6.23 |
9.31 |
Food Grade Wheat |
6.46 |
|
6.07 |
|
6.84 |
14.99 |
Feed Grade Wheat |
5.81 |
6.25 |
5.10 |
5.71 |
5.73 |
8.12 |
Feed Grade Barley |
4.38 |
4.41 |
4.05 |
4.52 |
4.29 |
8.40 |
Feed Grade Soybeans |
17.14 |
16.78 |
16.67 |
18.28 |
19.11 |
20.78 |
Soybean meal/ton |
758/ton |
764/ ton |
801/ton |
807/ton |
802/ton |
|
Feed Grade Oats |
3.12 |
3.43 |
3.81 |
3.52 |
3.58 |
5.16 |
Organic Alfalfa – Good |
|
|
|
|
|
|
Organic Grass Hay – Utility |
|
|
|
|
|
|