GX_GR120 Springfield, IL Wed Nov 18, 2009 USDA-IL Dept Ag Market News Eastern Cornbelt Organic Grain & Feedstuffs Report (Bi-Weekly) Weighted Average Report for Week Ending 11/14/2009 Compared to two weeks ago, organic grain and feedstuffs traded mostly steady with demand and offerings light to moderate. Growing concerns over low test weights and high moisture levels helped to limit buying interest this reporting period. At a time when the corn harvest is usually wrapping up, heavy rainfall received over the past several days have further extented this harvest season. Most major corn and soybean producing states remain behind average pace but significant advances were made during last week's dry weather. This week's USDA Crop Progress report showed 89% of soybeans have been harvested and corn totaled 54% harvested. October monthly and 3rd quarter averages of organic prices located below. All prices FOB the farm and negotiated spot market. FOB FOB Price/Bushel WEIGHTED AVERAGE 11/14/09 10/31/09 11/15/08 Organic Corn Food Yellow Feed Yellow 5.50-6.56 6.31 6.32 9.62 Organic Soybeans Food Grade Feed Grade 16.00-18.50 17.82 17.94 21.08 Soybean Meal($/ton) 785.00-820.00 802.50 817.00 Roasted ($/ton) 775.00-800.00 790.00 800.00 Organic Barley Feed Grade 3.99-4.50 4.05 7.15 Organic Oats Food Grade Feed Grade 3.00-4.00 3.81 3.50 5.33 Organic Wheat Food Grade (WW) Food Grade (SRW) Feed Grade (SRW) 5.80 9.93 Organic Peas Feed Grade ================================================================== Organic Alfalfa Hay Per Ton/FOB Supreme Premium Good Fair Utility Organic Grass Hay Premium Good Fair Utility ================================================================== Monthly and Quarterly Organic Prices OCT 09 SEP O9 AUG 09 3rd Qtr 09 Food Grade Wheat (WW) Food Grade Wheat (SRW) 9.77 Feed Grade Wheat (SRW) 5.71 5.79 5.92 6.84 Food Grade Yellow Corn 8.20 8.82 Feed Grade Corn 6.31 6.94 7.02 8.00 Food Grade Soybeans 20.50 22.81 Feed Grade Soybeans 18.28 18.27 19.82 19.04 Feed Grade Barley 4.52 6.25 5.16 6.49 Soybean Meal ($/ton) 807.00 855.00 929.00 910.67 Roasted beans($/ton Feed Grade Oats 3.52 3.53 3.71 3.89 Feed Grade Peas ==================================================================== 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 1500cst .