GX_GR120
Springfield, IL     Wed Jul 30, 2008     USDA-IL Dept Ag Market News

Eastern Cornbelt Organic Grain & Feedstuffs Report (Bi-Weekly)
Weighted Average Report for Week Ending 7/26/2008

Compared to two weeks ago, organic grain and feedstuff prices were 
steady to firm.  Trading activity and offerings were moderate. Feed grade 
corn and soybeans prices were steady to higher. Wheat trends were not 
established.  While heavy rainfall and flooding drove feed prices higher
earlier in the growing season.  Good growing weather and improvements in 
crop conditions have relieved some producers worries about this year's crop. 
Wheat harvest is near completion with end users waiting on test results
to determine quality and moisture levels.  This week purchases of food grade
soft red wheat ranged from 14.00 to 15.00 per bushel.
Monthly and 2nd quarter averages of organic prices located below.  
All prices FOB the farm and negotiated spot market.


                              FOB                      FOB
                           Price/Bu              WEIGHTED AVERAGE
                                            7/26/08   7/12/08   7/28/07     
Organic Corn
  Food Yellow                                         12.43
  Feed Yellow             10.50-11.50        11.05    10.75     11.75
Organic Soybeans
  Food Grade                                                         
  Feed Grade              27.45-30.50        29.78    27.67     14.93
  Soybean Meal(per/ton)                                         665.00
Organic Barley
  Feed Grade             
Organic Oats
  Food Grade             
  Feed Grade               5.60-5.75          5.63                               
Organic Wheat
  Food Grade (SRW)                                    15.42
  Feed Grade                                                     7.25
Organic Peas
  Feed Grade                    
==================================================================
Organic Alfalfa            Per Ton/FOB
  Supreme                 
  Premium                 
  Good                    
  Fair                    
  Utility                 
Organic Grass Hay
  Premium                 
  Good                    
  Fair                    
  Utility                 
==================================================================


Monthly and Quaterly Organic Prices
			         JUN 08   MAY O8   APR 08   2nd Qtr 08
							      
Food Grade Wheat                          21.53             21.53 
Feed Grade Wheat                                                 
Food Grade Corn                                                   
Feed Grade Corn                   9.93    10.04     9.91     9.95
Food Grade Soybeans                                24.41         
Feed Grade Soybeans              28.71    26.75    25.93    26.83
Feed Grade Barley                                                      
Soybean Meal (per/ton)                                    
Feed Grade Oats                   4.93     5.68     5.48     5.57        

====================================================================
Table 1: Alfalfa guidelines  (for domestic livestock use and not more
         than 10% grass)

 Quality     ADF     NDF      *RFV     **TDN-100%  **TDN-90%     CP
Supreme      <27     <34       >185        >62         >55.9     >22
Premium    27-29   34-36    170-185    60.5-62     54.5-55.9   20-22
Good       29-32   36-40    150-170      58-60     52.5-54.5   18-20
Fair       32-35   40-44    130-150      56-58     50.5-52.5   16-18
Utility      >35     >44       <130        <56         <50.5     <16

*RFV calculated using the Wis/Minn formula.
**TDN calculated using the western formula.
Quantitative factors are approximate, and many factors can affect
feeding value. Values based on 100 % dry matter (TDN showing both 100% 
& 90%).  Guidelines are to be used with visual appearance and intent of 
Sale (usage).
=======================================================================

Source: USDA-Illinois Dept Ag Market News, Springfield, IL
        Cordell Givens, Market Reporter 217-782-4925
        www.ams.usda.gov/mnreports/gx_gr120.txt


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