NW_GR113 Des Moines, IA Wed, Jul 01, 2009 USDA Market News Upper Midwest Organic Grain & Feedstuffs Report (Bi-Weekly) Weighted Average Report for the Week Ending 06/27/09 Organic grain and feedstuff prices were steady on light demand and offerings with slow market activity, compared to two weeks ago. It is being reported that crops in certain areas look below average due to wet, cold weather. Heat is needed in some grain producing regions. Indications that hay prices are about one dollar per point. Monthly and first quarter average prices located below. All prices FOB the farm and negotiated spot market. FOB FOB Price/Bushel Weighted Average 06/27/09 06/13/09 06/14/08 Organic Corn Food Yellow Feed Yellow 6.50- 8.50 7.60 7.69 10.73 Organic Soybeans Food Grade 20.47 Feed Grade Soybean Meal Organic Oats Food Grade Feed Grade 3.75- 4.10 3.97 Organic Barley Food Grade Feed Grade 6.00- 6.50 6.22 8.43 Organic Wheat Food Grade (Spring) Food Grade (HRW) Feed Grade (HRW) Food Grade Feed Grade Organic Rye Feed Grade 12.15 Organic Peas Feed Grade Organic Brown Flax (cents per pound) Food Grade Feed Grade Organic Golden Flax (cents per pound) Food Grade Feed Grade ============================================================================== Organic Alfalfa Per Ton/FOB Supreme Premium Good Fair Utility Organic Grass Hay Premium Good Fair Organic Straw ============================================================================== Monthly and Quarterly Organic Prices May 09 Apr 09 May 08 1st Qtr 2009 Food Grade Corn Feed Grade Corn 7.42 7.45 10.49 8.16 Food Grade Soybeans 20.10 29.72 21.04 Feed Grade Soybeans 19.18 17.70 23.41 18.00 Food Grade Oats Feed Grade Oats 4.17 4.14 4.45 Feed Grade Barley 6.08 6.09 7.55 Food Grade Wheat Feed Grade Wheat Food Grade Wheat (SRW) Feed Grade Wheat (SRW) Food Grade Wheat (HRW) 10.14 Feed Grade Wheat (HRW) 6.99 7.66 7.89 Food Grade Wheat (Spring) Feed Grade Wheat (Spring) Feed Grade Rye Feed Grade Peas 11.91 Food Grade Golden Flax ============================================================================== Developed in partnership with the University of Minnesota, Endowed Chair in Agricultural Systems, School of Agriculture. Source: USDA Market News Service, Des Moines, IA Phone: (515)284-4460 Email: desm.lgmn@ams.usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/LSMarketNews 1500C adr .