Area USDA agricultural prices reports
South Dakota
SIOUX FALLS — Preliminary prices received by farmers for winter wheat in October averaged $5.16 per bushel, down 31 cents from last month according to the USDA’s National Agricultural Statistics Service. The preliminary October spring wheat price, at $5.09, is down 16 cents from last month.
The preliminary October oat price, at $2.91, is up 20 cents from the last month.
The preliminary October corn price, at $2.81, is down 10 cents from last month.
The preliminary October soybean price, at $8.85, is down $1.13 from last month.
The preliminary October price for all sunflower, at $17.50, is down $1.70 from last month.
The October alfalfa hay price, at $117.00 per ton, is up $3.00 from last month. The other hay price, at $90.00, is up $1.00 from last month.
North Dakota
FARGO, N.D. — Preliminary prices received by farmers for spring wheat for October 2014 averaged $5.08 per bushel, a decrease of 27 cents from the September price according to the USDA’s National Agricultural Statistics Service. Durum wheat, at $7.58 per bushel, decreased 16 cents from the previous month. Winter wheat averaged $4.39 per bushel, an increase of 4 cents from September.
The preliminary October feed barley price, at $2.30 per bushel, is down 32 cents from last month. The malting barley price, at $5.23, is down 46 cents from last month.
The preliminary October oat price, at $2.68 per bushel, increased 44 cents from last month.
The preliminary October corn price, at $2.65 per bushel, decreased 29 cents from last month.
The preliminary October soybean price, at $8.90 per bushel, is down $1.20 from last month.
The preliminary October all dry edible bean price, at $25.40 per cwt, decreased $3.70 from last month. The pinto price for September averaged $27.30 per cwt.
The preliminary October all sunflowers price, at $21.80 per cwt, is up $2.00 from the previous month.
The preliminary October flaxseed price, at $11.50 per bushel, is down 20 cents from last month.
The preliminary October canola price averaged $15.50 per cwt, a decrease of 70 cents from September.
The October alfalfa hay price, at $80.00 per ton, is down $4.00 from last month. The other hay price, at $55.00 per ton, is also down $4.00 from last month.
The preliminary October prices for fresh and processing potatoes were withheld to avoid disclosing data for individual operations. The navy bean price for September was also withheld to avoid disclosing data for individual operations.
Minnesota
The preliminary October 2014 average price received by farmers for corn in Minnesota was $3.20 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This is down $0.02 from the September price, and $2.00 lower than October 2013. The corn price is the lowest in over 5 years.
The preliminary October 2014 average price received by farmers for soybeans, at $10.00 per bushel, was down $1.60 from the September price, and $2.50 lower than the October 2013 price. This is the lowest soybean price in 4 years.
The preliminary October oat price was $3.00 per bushel, up $0.01 from September, and $0.68 below October 2013.
All hay prices in Minnesota averaged $115.00 per ton in October, up $10.00 from the September price, but $38.00 per ton less than October 2013. Alfalfa hay prices fell $47.00 per ton from one year ago, to $133.00 and other hay prices were $27.00 per ton lower than last year, at $93.00.
The preliminary October average price was $26.40 per cwt for milk, down $0.30 from September, but $5.30 per cwt above one year ago. Prices for replacement milk cows averaged $2,070 in October.
Iowa
The preliminary October 2014 average price received by farmers for corn in Iowa was $3.20 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This is down $0.31 from the September price, and $1.44 lower than October 2013. This is the lowest price per bushel since January 2007.
The preliminary October 2014 average price received by farmers for soybeans, at $9.50 per bushel, was down $1.50 from the September price, and $3.00 lower than the October 2013 price. This is the lowest price per bushel since October 2010.
The preliminary October oat price was $3.50 per bushel, up $0.35 from September, but $0.34 below October 2013.
All hay prices in Iowa averaged $131.00 per ton in October, down $9.00 from the September price, and $38.00 per ton less than October 2013. Alfalfa hay prices fell $43.00 per ton from one year ago, to $152.00 and other hay prices were $31.00 per ton lower than last year, at $99.00.
The preliminary October average price was $26.30 per cwt for milk, down $0.10 from September, but $5.90 per cwt above one year ago. Prices for replacement milk cows averaged $2,100 in October.
Nebraska
LINCOLN, Neb. — Preliminary prices received by farmers for winter wheat for October 2014 averaged $5.20 per bushel, a decrease of 6 cents from the September price according to the USDA’s National Agricultural Statistics Service.
The preliminary October corn price, at $3.30 per bushel, decreased 24 cents from the previous month.
The preliminary October sorghum price averaged $5.70 per cwt, a decrease of 5 cents from September.
The preliminary October soybean price, at $9.70 per bushel, was down $1.30 from last month.
The October alfalfa hay price, at $97.00 per ton, was down $12.00 from September. The other hay price, at $83.00 per ton, was down $3.00 from September.
Oat and dry edible bean prices were withheld to avoid disclosing data for individual operations.