Kansas farmers receive US$6.60/bushel for wheat in October, down 93 cents month-over-month, USDA says; hay prices reach record highs, average US$174/ton, up US$16 from September; sorghum prices hit US$10.70/cwt., down 90 cents
Andrew Rogers
TOPEKA, Kansas
,
November 2, 2011
(press release)
–
KANSAS: The All Crops Index in October, at 247 percent of the 1990-92 base, is down 17 points from September but up 46 points from 2010. More detailed information regarding price indexes is shown in the table below.
Wheat prices in mid-October, at $6.60 per bushel, are down 93 cents from September but 41 cents above last October.
Corn prices in mid-October, at $5.95 per bushel, are down 13 cents from September but $1.48 above last October.
Farmers received an average of $10.70 per cwt. for grain sorghum in mid-October, down 90 cents from September but $2.70 above last October.
Soybean prices, at $11.70 per bushel in mid-October, are down 40cents from September but $1.20 above last October.
Hay prices were at record highs with All hay averaging $174 per ton in mid-October, up $16 from September and $75 higher than last year. Alfalfa hay averaged $205 per ton, up $20 from September and $95 higher than last October. Other hay, at $100 per ton, is up $5 from September and $30 above last October.
UNITED STATES: The All Farm Products Index of Prices Received in October is 185 percent of the 1990-92 base, up 6 points from September and 34 points above October 2010.
The October All Crops Index, at 206, is up 3 points from September and 43 points above October 2010.
The October Livestock and Products Index, at 153, is up 1 point from last month and up 19 points from October 2010.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
