Preliminary September prices were up from August for hay and oats, but were down for wheat, corn, and soybeans, according to the South Dakota Office of USDA’s National Agricultural Statistics Service.
For September, the preliminary winter wheat price, at $7.15, was down 11 cents from last month but up $1.93 from last September. The spring wheat price, at $8.31, was 18 cents lower than last month but $1.87 higher than last year. The September soybean price, at $12.70, was 30 cents lower than last month but $3.06 higher than last year. The corn price, at $6.50, was down 25 cents from last month but up $2.88 from last year. The preliminary all sunflower price, at $31.70, was unchanged from last month but up $16.00 from last year.
The September alfalfa price, at $130.00 per ton, was up $25.00 from last month and up $55.00 from last year. The other hay price, at $97.00, was up $15.00 from last month and up $29.00 from September 2010.
Prices received by farmers for spring wheat for September 2011 averaged $8.10 per bushel, a decrease of 6 cents from the August 2011 price according to the USDA, National Agricultural Statistics Service, North Dakota Field Office. Soybeans, at $12.50 per bushel, decreased 30 cents from the previous month while corn decreased 6 cents to $6.30 per bushel.
The preliminary All Farm Products Index of Prices Received by Farmers in September, at 183 percent, based on 1990-1992=100, decreased 1 point (0.5 percent) from August. The Crop Index is unchanged but the Livestock Index decreased 7 points (4.4 percent).
For a complete report, click here.
Source: USDA NASS ND & SD Field Offices