Des Moines, Iowa
Oct. 23, 2019
Report Supplied by USDA

Compared to two weeks ago: Trade activity and demand moderate on feed grade organic corn. Bulk of trade forward contract on organic feed corn. Trade light on organic feed soybeans. Bulk of offers at 19.00 delivered elevator. Organic feed wheat trade moderate on moderate demand. Organic food grade wheat firm for proteins 12 percent and higher. Trade inactive on all other organic grains. The next available report will be Wednesday, November 6, 2019.

Grower FOB Farm Gate Organic Grain

GROWER SPOT FEED GRADE PRICES: Yellow Corn: yr ago 9.33. FOOD GRADE: Yellow Corn: 10.68.

FORWARD CONTRACTS: Yellow Corn: 8.00-9.00 for Oct ‘19-Dec ‘20. FOOD GRADE: Soybeans: 20.00 for Oct ‘19-Oct ‘19. Wheat: 7.10-12.67 for Oct ‘19-Oct ‘20.

CASH BIDS: Yellow Corn: 7.75-8.00. Soybeans: 17.50-18.00. Barley: 6.00-6.00.

Grower Delivered Warehouse and Elevator Organic Grain

GROWER SPOT FEED GRADE PRICES: Feed Grade: Yellow Corn: 8.00-10.80, avg 8.96, up 0.38, yr ago 9.17. Soybeans: 19.00, avg 19.00, up 0.05, yr ago 18.46. Wheat: 8.00-9.00, avg 8.34, up 0.05, yr ago 8.08.

FORWARD CONTRACTS: Yellow Corn: 8.40-10.25 for Jan ‘20-Mar ‘20.

CASH BIDS: Yellow Corn: 8.00-9.25. Soybeans: 18.00-19.00. Wheat: 8.50. Oats: 3.75. Barley: 6.50-7.90. Rye: 5.50.

SOURCE: USDA Livestock, Poultry, and Grain Market News, Greeley, Colorado | 970-353-9750 | greeley.lpgmn@ams.usda.gov; and USDA Livestock, Poultry, and Grain Market News, Des Moines, Iowa | 515-284-4460 | dsm.lpgmn@ams.usda.gov, ams.usda.gov/LPSMarketNewsPage