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

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.

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