Preliminary April prices were up from March for soybeans, hay, and oats, while down for corn and wheat, according to the South Dakota Office of USDA’s National Agricultural Statistics Service. For April, the preliminary winter wheat price, at $6.17, was down 39 cents from last month and down 90 cents from last April. The spring wheat price, at $7.86, was 25 cents lower than last month and $2.14 lower than last year. The April soybean price, at $13.50, was 70 cents higher than last month and 80 cents higher than last year. The corn price, at $5.92, was down 25 cents from last month and down 16 cents from last year. The April alfalfa price, at $135.00 per ton, was up $6.00 from last month and up $52.00 from last year. The other hay price, at $95.00, was up $10.00 from last month and up $25.00 from April 2011.
Prices received by farmers for spring wheat for April 2012 averaged $8.10 per bushel, a decrease of2 cents from the March 2012 price according to the USDA, National Agricultural Statistics Service,North Dakota Field Office. Soybeans, at $13.40 per bushel, increased 90 cents from the previous month while corn decreased 31 cents to $5.75 per bushel.
The preliminary All Farm Products Index of Prices Received by Farmers in April, at 177 percent, based on 1990-1992=100, decreased 7 points (3.8 percent) from March. The Crop Index is down 5 points (2.4 percent) and the Livestock Index decreased 7 points (4.4 percent).Share