Ag prices mixed for both South & North Dakota since January


South Dakota

Preliminary February prices were up from January for corn, soybeans and oats, according to the South Dakota Office of USDA’s National Agricultural Statistics Service.

For February, the preliminary winter wheat price, at $6.49, was down 10 cents from last month and down 72 cents from last February.  The spring wheat price, at $7.80, was 50 cents lower than last month and 71 cents lower than last year. The February soybean price, at $11.80, was 20 cents higher than last month but 80 cents lower than last year.  The corn price, at $5.98, was up 5 cents from last month and up 66 cents from last year.

The February alfalfa price, at $132.00 per ton, was down $1.00 from last month but up $49.00 from last year. The other hay price, at $89.00, was up $2.00 from last month and up $19.00 from February 2011.

North Dakota

Prices received by farmers for spring wheat for February 2012 averaged $8.05 per bushel, a decrease of 18 cents from the January 2012 price according to the USDA, National Agricultural Statistics Service, North Dakota Field Office. Soybeans, at $11.80 per bushel, increased 50 cents from the previous month while corn increased 15 cents to $5.90 per bushel.

United States

The preliminary All Farm Products Index of Prices Received by Farmers in February, at 180 percent, based on 1990-1992=100, decreased 8 points (4.3 percent) from January. The Crop Index is down 8 points (3.8 percent) but the Livestock Index increased 1 point (0.6 percent).


Source: USDA NASS ND & SD Field Offices