Minnesota farmers receive US$6.10/bushel for corn in June, up 4 cents month-over-month, USDA says; soybean prices reach US$13.70/bushel, unchanged from last month
ST. PAUL, Minnesota
June 29, 2012
– Prices received by Minnesota farmers for June corn averaged $6.10 per bushel, an increase of $0.04 from the May price according to the USDA, NASS, Minnesota Field Office. Soybeans at $13.70 per bushel, are unchanged from the May price.
The all milk price for June, at $17.40 per cwt., is up $0.10 from the May price.
The U.S. All Farm Products Index of Prices Received by Farmers in June, at 181 percent, based on 1990- 92=100, is up 1.7 percent from the May index. The Crop Index is 210, up 1.0 percent from May. The Livestock & Products Index, at 152, is up 0.7 percent from May.