North & South Dakota crop prices for October 2011

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South Dakota

Preliminary October prices were down from September for most crops, but up for all crops from last year, according to the South Dakota Office of USDA’s National Agricultural Statistics Service. For October, the preliminary South Dakota winter wheat price, at $6.85, was down 33 cents from last month but up $1.79 from last October.  The spring wheat price, at $8.31, was 8 cents lower than last month but $1.72 higher than last year. The October soybean price, at $11.40, was 10 cents lower than last month but $1.52 higher than last year.  The corn price, at $5.82, was down 80 cents from last month but up $1.80 from last year. The preliminary all sunflower price, at $29.90, was down $4.70 from last month but up $12.90 from last year.

The October alfalfa price, at $133.00 per ton, was up $3.00 from last month and up $55.00 from last year. The other hay price, at $96.00, was down $1.00 from last month but up $26.00 from October 2010.

 

North Dakota

Prices received by farmers for spring wheat for October 2011 averaged $8.25 per bushel, an increase of 22 cents from the September 2011 price according to the USDA, National Agricultural Statistics Service, North Dakota Field Office. Soybeans, at $11.50 per bushel, decreased 20 cents from the previous month while corn decreased 87 cents to $5.60 per bushel.

 

United States

The preliminary All Farm Products Index of Prices Received by Farmers in October, at 185 percent, based on 1990-1992=100, increased 6 points (3.4 percent) from September. The Crop Index is up 3 points (1.5 percent) and the Livestock Index increased 1 point (0.7 percent).

 

Sources: USDA NASS SD & ND Field Offices

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