There were some mixed trends in market prices during the month of September 2017. According to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report, in September 2017 Wisconsin farmers received an average price of $3.25 per bushel for their corn. This was down $0.07 from August 2017 but up $0.12 from the previous September.
Wisconsin farmers also received $9.27 per bushel in September for their soybeans. This soybean price was down $0.07 from both August 2017 and the previous September.
Unlike, corn and soybean prices the report recorded the September oat price at $2.59 per bushel. This was an increase of $0.25 from the August price and $1.22 above September 2016.
All hay prices in Wisconsin averaged $106.00 per ton in September. This was up $14.00 from August and up $24.00 from September 2016. The alfalfa hay price also had an increase in price. It averaged $119.00 per ton in September, up $22.00 from August and up $31.00 from the previous September. The other hay price averaged $70.00, down $9.00 from August but up $11.00 from the September 2016 price.
The September 2017 dairy complex in Wisconsin recorded an average price of $18.30 per cwt for milk. This was a $0.10 increase from August and $0.30 above the previous year’s milk prices. The USDA report also recorded the price for replacement milk cows to average $1,610 as of October 1, 2017.
The complete USDA, National Agricultural Statistics Service – Agricultural Prices report, can be found under Publications on the USDA NASS website, http://www.nass.usda.gov.
