ND reports wheat price increase, soybeans drop


North Dakota

Prices received by farmers for spring wheat for November 2011 averaged $8.95 per bushel, an increase of 86 cents from the October 2011 price according to the USDA, National Agricultural Statistics Service, North Dakota Field Office. Soybeans, at $11.10 per bushel, decreased 30 cents from the previous month while corn increased 50 cents to $5.75 per bushel.

United States

The preliminary All Farm Products Index of Prices Received by Farmers in November, at 185 percent, based on 1990-1992=100, is up 1 point (0.5 percent) from October. The Crop Index is up 5 points (2.5 percent) and the Livestock Index increased 2 points (1.3 percent).

Source: USDA NASS ND Field Office