Farmers throughout the United State and Wisconsin have been faced with low commodity prices. Recently, the USDA, National Agricultural Statistics Service released their Agricultural Prices report for the month of January 2018. According to the report, the January 2018 average price received by farmers for corn in Wisconsin was $3.16 per bushel. This was up $0.03 from December but down $0.11 from the previous January.
The January soybean price in the badger state was $9.21 per bushel, down $0.22 from December and down $0.34 from the previous January.
Wisconsin oat price in January was $3.13 per bushel. This was $0.54 above the December price and $0.59 above January 2017.
All hay prices in Wisconsin averaged $124.00 per ton in January, up $4.00 from December and $45.00 above January 2017. The alfalfa hay price averaged $130.00 per ton in January, up $3.00 from December and $48.00 above the previous year. The other hay price averaged $94.00, unchanged from December but up $36.00 from the January 2017 price.
Then the January average price for milk in Wisconsin was $16.30 per cwt. This was down $1.50 from December and $3.00 below January a year ago.
The complete USDA, National Agricultural Statistics Service released their Agricultural Prices report can be found under Publications on the USDA NASS website, www.nass.usda.gov.