Ag prices up from last year

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United States

The preliminary All Farm Products Index of Prices Received by Farmers in June, at 181 percent, basedon 1990-1992=100, increased 7 points (4.0 percent) from May. The Crop Index is up 12 points(6.0 percent) but the Livestock Index was unchanged.

North Dakota

Prices received by farmers for spring wheat for June 2011 averaged $10.30 per bushel, an increase of83 cents from the May 2011 price according to the USDA, National Agricultural Statistics Service, NorthDakota Field Office. Soybeans, at $12.60 per bushel, increased 10 cents from the previous month andcorn increased 55 cents to $6.35 per bushel.

South Dakota

Preliminary June prices were up from May for corn, soybeans, sunflower, spring wheat, all wheat and oats, according to the South Dakota Office of USDA’s National Agricultural Statistics Service.For June, the preliminary winter wheat price, at $7.55, was down 51 cents from last month but up $3.58 from last June. The spring wheat price, at $10.90, was 60 cents higher than last month and $5.64 higher than last year. The June soybean price, at $13.10, was 20 cents higher than last month and $4.07 higher than last year. The corn price, at $6.30, was up 27 cents from last month and up $3.16 from last year. The preliminary all sunflower price, at $32.50, was up $6.10 from last month and up $18.80 from last year.The June alfalfa price, at $99.00 per ton, was unchanged from last month but up $16.00 from last year. The other hay price, at $81.00, was unchanged from last month but up $9.00 from June 2010.

Access this complete report at: http://usda.mannlib.cornell.edu/usda/nass/AgriPric//2010s/2011/AgriPric-06-29-2011.pdf

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