National Organic Grain and Feedstuffs Report Farm Gate Feed Grade

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National Organic Grain and Feedstuffs Report Agricultural Marketing Service Livestock, Poultry, and Grain Market News September 22, 2021 Grain and Feedstuffs Market Trend Compared to last period: Organic feed corn trade activity moderate on good demand, trading 40 cents lower FOB with few forward contracts. Organic feed soybeans trade light on good demand for spot market trades and the bulk of activity on forward contracts. No comparable trades to trend. Few trades on organic feed wheat. Trade activity light on good demand. Organic soybean meal and oil too thinly traded for a trend, but firm undertones noted. Trade inactive on all other organic grains. The next available report will be Wednesday, October 6, 2021.

Grower FOB Farm Gate Organic Grain Spot Transactions Forward Contracts Cash Bids Feed Grade Unit Price Range Avg. Change Prior Year Price Range Delivery Period Price Range Yellow Corn $/bu 8.60 - 10.00 9.22 -0.40 6.82 8.75 - 9.30 Oct-21 - May-22 9.00 - 9.00 Soybeans $/bu N/A - N/A N/A N/A 17.97 28.80 - 31.25 Oct-21 - Mar-22 32.00 - 32.00 Wheat $/bu N/A - N/A N/A N/A N/A 10.25 - 10.25 Nov-21 - Feb-22 N/A - N/A Oats $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Barley $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Rye $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Sorghum $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Triticale $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Millet $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Food Grade Yellow Corn $/bu N/A - N/A N/A N/A N/A 10.45 - 10.45 Oct-21 - Aug-22 N/A - N/A Soybeans $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Wheat $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Oats $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A

12 Farm Gate Feed Grade Corn 35 Farm Gate Feed Grade Soybeans

30 10 25 8

$/BU, FOB SPOT $/BU, FOB $/BU, FOB SPOT $/BU, FOB

6 15

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Dealer FOB Elevator/Warehouse Organic Grain Spot Transactions Forward Contracts Feed Grade Unit Price Range Avg. Change Prior Year Price Range Delivery Period Yellow Corn $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Soybeans $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Soybean Meal $/ton N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Soybean Oil $/lb 0.70 - 0.75 0.72 N/A 0.50 N/A - N/A N/A - N/A Wheat $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Grower FOB Farm Gate Organic Hay Spot Transactions USDA FAS GATS Organic Import Volume Hay Type Quality Package Unit Price Range Avg Commodity Mo. Unit Volume YTD Volume Alfalfa Good Small Square $/ton 250.00 - 250.00 250.00 Yellow Corn Jul bu 875,475.88 2,849,565.60 Triticale Good Small Square $/ton 150.00 - 150.00 150.00 Soybeans Jul bu 1,565,533.92 5,676,260.55 N/A N/A N/A $/ton N/A - N/A N/A Durum Wheat Jul bu 18,915.18 343,335.84 N/A N/A N/A $/ton N/A - N/A N/A Source: USDA FAS GATS National Organic Grain and Feedstuffs Report Agricultural Marketing Service Livestock, Poultry, and Grain Market News September 22, 2021 Grower Delivered Elevator/Warehouse Organic Grain Spot Transactions Forward Contracts Cash Bids Feed Grade Unit Price Range Avg. Change Prior Year Price Range Delivery Period Price Range Yellow Corn $/bu 8.80 - 11.00 10.20 1.07 6.57 9.25 - 10.00 Oct-21 - Dec-21 9.00 - 10.00 Soybeans $/bu 30.00 - 32.00 30.60 N/A 19.77 31.50 - 32.75 Oct-21 - Mar-22 27.00 - 32.00 Wheat $/bu 8.15 - 9.15 8.35 N/A 6.21 9.25 - 10.00 Nov-21 - Dec-21 8.00 - 8.25 Oats $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A 4.00 - 4.00 Barley $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A 6.00 - 6.00 Rye $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A 6.00 - 6.00 Sorghum $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Triticale $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Millet $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Food Grade Yellow Corn $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Soybeans $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Wheat $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Oats $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A

Dealer Delivered Elevator/Warehouse Organic Grain Spot Transactions Forward Contracts Feed Grade Unit Price Range Avg. Change Prior Year Price Range Delivery Period Yellow Corn $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Soybeans $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Soybean Meal $/ton N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Soybean Oil $/lb N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Wheat $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Food Grade Yellow Corn $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Soybeans $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Wheat $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A Oats $/bu N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A

Grower Delivered Organic Hay Spot Transactions Hay Type Quality Package Unit Price Range Avg N/A N/A N/A $/ton N/A - N/A N/A N/A N/A N/A $/ton N/A - N/A N/A N/A N/A N/A $/ton N/A - N/A N/A N/A N/A N/A $/ton N/A - N/A N/A

Current National Drought Summary (September 14, 2021) Open weather across much of the country favored summer crop maturation and fieldwork, including harvest efforts and winter wheat planting. Rain was observed, however, in several regions, including parts of the South and East. Portions of the Gulf Coast region had to contend with Hurricane Nicholas, the eighth Atlantic Basin tropical cyclone to make a U.S. landfall in 2021. Nicholas, briefly a Category 1 hurricane, moved ashore on Texas’ Matagorda Peninsula around 12:30 am CDT on September 14, delivering heavy rain and gusty winds to the middle and upper Texas coast. Aside from the western Gulf Coast region, some of the heaviest rain (locally 4 inches or more) fell in northern New England, chipping away at lingering, long-term drought. Locally heavy showers also dotted the lower Southeast, including Florida’s peninsula. Lower Southeastern rainfall was enhanced by the arrival and passage of minimal Tropical Storm Mindy, which made landfall on St. Vincent Island, Florida, at 8:15 pm CDT on September 8. Mindy’s sustained winds were briefly near 45 mph, followed by weakening the following day as the remnant circulation moved northeastward across northern Florida and southeastern Georgia. Late in the drought- monitoring period, showers and thunderstorms provided some limited drought relief in the upper Great Lakes region.

Source: NOAA United States Drought Monitor. National Organic Grain and Feedstuffs Report Agricultural Marketing Service Livestock, Poultry, and Grain Market News September 22, 2021 Grower FOB Farm Gate Organic Dry Edible Beans Spot Transactions Forward Contracts Cash Bids Food Grade Unit Price Range Avg. Change Prior Year Price Range Delivery Period Price Range Pintos $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Great Northerns $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Light Red Kidneys $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Dark Red Kidneys $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Blacks $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Navy $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A White Kidneys $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Garbanzo $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Grower Delivered Elevator/Warehouse Organic Dry Edible Beans Spot Transactions Forward Contracts Cash Bids Food Grade Unit Price Range Avg. Change Prior Year Price Range Delivery Period Price Range Pintos $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Great Northerns $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Light Red Kidneys $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Dark Red Kidneys $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Blacks $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Navy $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A White Kidneys $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Garbanzo $/cwt N/A - N/A N/A N/A N/A N/A - N/A N/A - N/A N/A - N/A Sources AMS Organic Report Links USDA Livestock, Poultry, and Grain Market News National Organic Summary Greeley, Colorado | 970-353-9750 | [email protected] Poultry & Eggs www.ams.usda.gov/LPSMarketNewsPage Dairy Market Overview Dairy Retail Overview USDA Livestock, Poultry, and Grain Market News Dairy Fluid Overview Des Moines, Iowa | 515-284-4460 | [email protected] Bi-weekly Dairy Report www.ams.usda.gov/LPSMarketNewsPage Local and Organic