NW_GR113 Des Moines, IA Wed, Jan 14, 2009 USDA Market News Upper Midwest Organic Grain & Feedstuffs Report (Bi-Weekly) Weighted Average Report for the Week Ending 01/10/09 Organic grain and feedstuff prices, compared to two weeks ago, were mostly steady on light demand and moderate offerings with slow market activity. The market remains very quiet as many sellers hold out for higher prices. Monthly and fourth quarter average prices located below. All prices FOB the farm and negotiated spot market. FOB FOB Price/Bushel Weighted Average 01/10/09 12/27/08 01/02/08 Organic Corn Food Yellow Feed Yellow 8.25- 11.00 8.57 8.32 9.25 Organic Soybeans Food Grade 20.75- 24.00 21.51 Feed Grade 18.00- 19.75 19.05 18.24 Soybean Meal Organic Oats Food Grade Feed Grade 4.15 Organic Barley Food Grade Feed Grade 7.50- 8.25 7.97 Organic Wheat Food Grade (Spring) Food Grade (HRW) Feed Grade (HRW) Food Grade Feed Grade Organic Rye Feed Grade 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 175.00- 190.00 Fair Utility Organic Grass Hay Premium Good Fair Organic Straw ============================================================================== Monthly and Quarterly Organic Prices Dec 08 Nov 08 Dec 07 4th Qtr 2008 Food Grade Corn Feed Grade Corn 8.82 9.27 9.07 9.52 Food Grade Soybeans 23.01 24.68 19.94 25.13 Feed Grade Soybeans 19.10 22.06 17.43 21.84 Food Grade Oats Feed Grade Oats 4.04 4.15 4.17 Feed Grade Barley 7.49 7.13 7.23 Food Grade Wheat Feed Grade Wheat Food Grade Wheat (SRW) Feed Grade Wheat (SRW) Food Grade Wheat (HRW) 13.06 13.14 Feed Grade Wheat (HRW) 9.16 9.37 Food Grade Wheat (Spring) Feed Grade Wheat (Spring) Feed Grade Rye 9.30 Feed Grade Peas 14.09 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@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/LSMarketNews 1500C add .