GX_GR120 Springfield, IL Wed July 1, 2009 USDA-IL Dept Ag Market News Eastern Cornbelt Organic Grain & Feedstuffs Report (Bi-Weekly) Weighted Average Report for Week Ending 6/27/2009 Compared to two weeks ago, organic grain and feedstuff prices were steady to weak. Demand was light for moderate offerings. Feed grade corn was steady to weak. Feed grade soybeans mostly steady. Trading activity was very light. Concerns with poor quality and heavy corn supplies helped to pressure corn prices lower. Wet conditons have delayed planting progress for corn and soybeans with producers contining to work around standing water in some areas. May monthly and 1st quarter averages of organic prices located below. All prices FOB the farm and negotiated spot market. FOB FOB Price/Bushel WEIGHTED AVERAGE 6/27/08 6/13/09 6/28/08 Organic Corn Food Yellow 8.92 Feed Yellow 7.04-8.40 7.98 8.00 10.76 Organic Soybeans Food Grade Feed Grade 20.00-21.50 20.50 21.40 28.00 Soybean Meal(per/ton) Organic Barley Feed Grade 6.25-6.72 6.60 Organic Oats Food Grade Feed Grade 3.78-4.30 4.16 4.93 Organic Wheat Food Grade (SWW) Food Grade (SRW) 9.50 Feed Grade 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 MAY 09 APR O9 MAR 09 1st Qtr 09 Food Grade Wheat (SWW) Food Grade Wheat (SRW) 9.67 10.30 10.25 10.25 Feed Grade Wheat 6.76 7.01 7.82 7.94 Food Grade Yellow Corn 8.75 Feed Grade Corn 7.90 8.23 8.57 8.80 Food Grade Soybeans 25.00 Feed Grade Soybeans 19.94 18.56 20.64 20.60 Feed Grade Barley 6.54 6.28 7.23 7.62 Soybean Meal (per/ton) 880.00 Feed Grade Oats 4.15 5.21 5.24 ==================================================================== 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 .