The November 2019 average price received by farmers for corn in Wisconsin was $3.52 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was down 24 cents from October but 16 cents above the previous November.
The November soybean price, at $8.39 per bushel, was down 14 cents from October but up 11 cents from the previous November.
The November oat price was $3.45 per bushel, 12 cents below the October price but 36 cents above November 2018.
All hay prices in Wisconsin averaged $217.00 per ton in November, up $24.00 from October and $42.00 above November 2018. The alfalfa hay price averaged $226.00 per ton in November, up $13.00 from October and $46.00 above the previous November. The other hay price averaged $182.00, up $33.00 from October and up $23.00 from the November 2018 price.
The Wisconsin all milk price for November 2019 was $22.40 per hundredweight (cwt) according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was $1.90 higher than last month’s price and $5.40 higher than last November’s price.
The U.S. all milk price for November was $21.00 per cwt, $1.40 lower than Wisconsin’s price but $1.10 higher than last month’s U.S. price. All of the 24 major milk producing states had a higher price when compared with October. Minnesota and Wisconsin had the largest price increase, both up $1.90 per cwt.
The Chicago Mercantile Exchange* (CME) 40‐pound block cheese price closed at $1.8300 per pound on December 27, while barrels were $1.6000 per pound. The CME butter price was $2.0350 per pound.
For the week ending December 21, 2019, the Agricultural Marketing Service* U.S. weekly 40‐pound block cheese price averaged $1.9536 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $2.1028 per pound. The U.S. butter price was $2.0002 per pound.
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