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 (press release) – 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.

* 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.