GX_GR120
Springfield, IL     Wed May 7, 2008     USDA-IL Dept Ag Market News

Eastern Cornbelt Organic Grain & Feedstuffs Report (Bi-Weekly)
Weighted Average Report for Week Ending 5/3/2008

Compared to two weeks ago, organic grain and feedstuff prices were 
steady to firm.  Trading activity was slow with light demand for
organic ingredients.  Feed grade corn and soybeans were steady.  
Tight supplies helped to push soybeans and wheat prices higher.  
Buyers are looking ahead to harvest time to help improve depleading
wheat supplies.  Organic field peas have been reported replacing 
soybeans as an alternative protein supplement .  Trading this week 
was organic spelt(cleaned)ranging from .52 cents/lb. to .62 cents/lb. 
Monthly, Year ago and 1st quarter averages of organic prices located below.  
All prices FOB the farm and negotiated spot market.


                              FOB                  FOB
                           Price/Bu          WEIGHTED AVERAGE
                                            5/3/08      4/19/08        
Organic Corn
  Food Yellow             
  Feed Yellow              9.65-10.25       10.05       10.09      
Organic Soybeans
  Food Grade              
  Feed Grade              25.50-28.00       26.75       25.21      
  Soybean Meal(per/ton)  
Organic Barley
  Feed Grade             
Organic Oats
  Food Grade             
  Feed Grade                                             5.48
Organic Wheat
  Food Grade (SRW)        18.00-25.00       21.53
  Feed Grade 
Organic Peas
  Feed Grade                    
==================================================================
Organic Alfalfa            Per Ton/FOB
  Supreme                 
  Premium                 
  Good                    
  Fair                    
  Utility                 
Organic Grass Hay
  Premium                 
  Good                    
  Fair                    
  Utility                 
==================================================================
Monthly, Year ago and Quaterly Organic Prices
			         MAR 08   FEB O8   MAR 07   1st Qtr 08
							      
Food Grade Wheat                 14.50    13.75             14.57 
Feed Grade Wheat                                            10.73
Food Grade Corn                                                   
Feed Grade Corn                  10.27     9.77     7.12     9.82
Food Grade Soybeans                       24.41             24.05
Feed Grade Soybeans              26.21    24.45    14.90    22.45
Feed Grade Barley                                                      
Soybean Meal (per/ton)         1106.25   915.00           1008.25                     
Feed Grade Oats                   5.32                                   

====================================================================
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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