The latest USDA, National Agricultural Statistics Service -Agricultural Prices report is out. According to the report, in December 2017 Wisconsin farmers received and average price of $3.13 per bushel for their corn. This was up $0.01 from November 2017, but down $0.02 from the previous December.
When it comes to soybean prices in the badger state the December soybean price was $9.43 per bushel. This was an increase of $0.03 from November 2017 but down $0.06 from the previous December. Then the December oat price was $2.59 per bushel, $0.40 below the November 2017 price but $0.67 above December 2016.
All hay prices in Wisconsin averaged $120.00 per ton in December 2017. This was down $11.00 from November but up $31.00 from December 2016. When breaking it down further the alfalfa hay price averaged $127.00 per ton in December, down $11.00 from November but up $33.00 from the previous December. The other hay price averaged $94.00, down $9.00 from November but up $27.00 from the December 2016 price.
Then in the dairy complex, December 2017 reported an average price of $17.80 per (cwt) for milk in Wisconsin. This milk price was down $1.20 from November 2017 and $1.90 below December 2016. The prices received for milk cows for dairy herd replacement averaged $1,470 per head as of January 1, 2018.
For the full USDA, National Agricultural Statistics Service -Agricultural Prices Report visit, www.nass.usda.gov