Upper Midwest (Des Moines, IA) 5/7/08
Organic grain and feedstuff prices were nearly unchanged on light demand and light offerings, compared to two weeks ago. Corn movement was moderate, while soybean movement was practically void. Possible soybeans being imported from China but market feels there will be more soybean imports from South America in the near future. Oat plantings in Iowa are 15 percent complete, compared to the 5 year average of 75 percent. The Eastern Cornbelt was able to put some oats in last week. New crop oat bids $6.50 to $7.00 per bushel. Organic wheat midds trading from $275 per ton to $300 per ton.
All prices FOB price per bushel except where stated (trucking cost needs to be added)
May 3 2008 |
April 2008 |
March 2008 |
Feb 2008 |
|
Feed Grade Corn |
9.50-10.00 |
10.25 |
10.37 |
10.07 |
Food Grade Soybeans |
27-29.50 |
28.00 |
29.25 |
26.29 |
Feed Grade Soybeans |
|
|
25.33 |
22.73 |
Feed Grade Oats |
|
|
5.75 |
5.05 |
Feed Grade Barley |
|
|
8.05 |
7.92 |
Food Grade Wheat |
|
|
16.98 |
17.14 |
Feed Grade Rye |
|
|
11.00 |
11.00 |
Feed Grade Peas |
|
|
9.00 |
|
Organic Alfalfa – Good |
|
200/ton |
|
|
Organic Alfalfa – Utility |
125-135/per ton |
|
|
|
Eastern Cornbelt (Springfield, IL) 4/23/08
Organic grain and feedstuff prices were steady to firm compared to two weeks ago. Demand was light to moderate for light offerings. Feed grade corn and soybeans were higher. Wheat prices were not established. Small grains were slightly higher. End users continue to have a difficult time in acquiring soybeans due to higher price levels. Reports of organic wheat midds ranging from 275.00 to 300.00 per ton. Organic Barley priced from 6.50 to 8.00 per bushel.
All prices FOB price per bushel except where stated (trucking cost needs to be added)
April 19 2008 |
March 2008 |
Feb 2008 |
January 2008 |
|
Feed Grade Corn |
9.06-10.50 |
10.27 |
9.77 |
9.69 |
Food Grade Wheat |
|
14.50 |
13.75 |
14.88 |
Feed Grade Wheat |
|
|
|
13.67 |
Food Grade Soybeans |
23.00 -28.00 |
|
24.41 |
23.84 |
Feed Grade Soybeans |
|
26.21 |
24.45 |
20.76 |
Soybean meal/ton |
|
1106.25 |
915 |
905 |
Feed Grade Oats |
5.25 – 6.00 |
5.32 |
|
|
Organic Alfalfa – Good |
184-185/per ton |
|
|
|
Organic Grass Hay – Utility |
120-127/per ton |
|
|
|
Hay Price 5/3/08
Northern CA -premium Alfalfa hay |
270/ton |
Eastern and Lake County Oregon - premium Alfalfa |
200/ton |
Nevada – Premium Alfalfa |
230/ton |
Nevada – Fair Alfalfa |
200/ton |
April 2008 organic grain prices compared to February 2007
% Change |
|
Upper Midwest Feb 07 to April 08 |
|
Corn |
65.42% |
Soybean |
51.39% |
Barley |
86.77% |
Wheat |
89.90% |
Oats |
62.06% |
|
|
Eastern Corn Belt Apr 07 to April 08 |
|
Corn |
58.90% |
Soybean |
77.16% |
Wheat |
115.45% |
Retail price of Organic Milk in ½ gallons compared to changes in pay price
|
Aug 2005 |
April 2006 |
April 2007 |
April 2008 |
Increase 05-08 |
Farmer Pay price/1/2 gal |
$ 0.91 |
$ 1.07 |
$ 1.07 |
$ 1.20 |
|
Average retail 1/2 gal |
$ 3.44 |
$ 3.61 |
$ 3.85 |
$ 3.93 |
|
Increase in Pay price |
|
$ 0.16 |
$ - |
$ 0.13 |
$.29 |
Increase in retail price |
|
$ 0.17 |
$ 0.24 |
$ 0.08 |
$.49 |
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