NW_GR113 Des Moines, IA Wed, Nov 18, 2009 USDA Market News Upper Midwest Organic Grain & Feedstuffs Report (Bi-Weekly) Weighted Average Report for the Week Ending 11/14/09 Compared to two weeks ago, organic grain and feedstuff prices were mostly steady with moderate demand and light offerings with the exception of corn and soybeans, which saw heavier offerings over the past two weeks. Wheat and rye trade was limited, with heavy offerings of wheat noted. Mold is a threat this harvest for many producers, who are taking full advantage of every dry, clear day that can be utilized. Monthly and third quarter average prices are 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 7.65- 9.00 8.03 Feed Yellow 5.15- 6.90 5.64 5.47 9.38 Organic Soybeans Food Grade 19.05- 21.00 20.20 18.97 25.33 Feed Grade 15.50- 18.50 16.98 17.40 21.99 Meal ($/ton) 823.57 Organic Oats Feed Grade 2.75- 4.15 3.41 3.61 Organic Barley Food Grade Feed Grade 3.85- 4.50 4.11 4.43 Organic Brown Flax Food Grade 24.10- 26.75 25.30 24.87 Feed Grade Organic Golden Flax Food Grade 28.00- 30.85 29.60 28.70 Feed Grade Organic Wheat Food Grade HRS 9.60 Feed Grade HRS Food Grade SRW Feed Grade SRW Food Grade HRW 6.59 Feed Grade HRW 6.43 9.17 Food Grade White Food Grade Durum 9.66 Organic Rye Feed Grade 5.99 Organic Field Peas Feed Grade 9.00- 10.85 9.71 9.89 ============================================================================== Organic Alfalfa Per Ton/FOB Supreme Premium Good Fair Utility Organic Grass Hay Premium Good Fair Organic Straw ============================================================================== Monthly and Quarterly Organic Prices (Weighted Average) Oct 09 Sep 09 Oct 08 3rd Qtr 2009 Food Grade Corn Feed Grade Corn 5.45 5.68 10.06 6.18 Food Grade Soybeans 18.97 19.52 25.62 19.52 Feed Grade Soybeans 17.46 17.98 23.04 18.94 Feed Grade Soybean Meal 823.57 Food Grade Oats Feed Grade Oats 3.26 3.07 4.66 3.48 Feed Grade Barley 4.39 7.23 5.99 Food Grade Brown Flax 24.87 25.85 24.85 Feed Grade Brown Flax 24.83 Food Grade Golden Flax 28.70 30.03 30.03 Feed Grade Golden Flax Food Grade Wheat (HRS) 9.60 Feed Grade Wheat (HRS) 5.28 Food Grade Wheat (SRW) Feed Grade Wheat (SRW) 5.28 5.32 Food Grade Wheat (HRW) 6.61 7.62 7.83 Feed Grade Wheat (HRW) 6.03 6.30 9.45 6.12 Food Grade White Wheat Food Grade Durum Wheat 9.66 Feed Grade Rye 5.99 9.30 8.69 Feed Grade Peas 9.89 10.47 13.83 11.12 ============================================================================== 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 jri .