The Wisconsin all milk price for January was $22 per hundredweight, according to the latest agricultural prices report from the USDA’s National Agricultural Statistics Service.
This was $1.30 below December’s price and $1.40 below last January’s price. The U.S. all milk price for January was $23.10 per cwt, $1.10 higher than Wisconsin’s price but $1.60 lower than December’s U.S. price.
The average price received by farmers for corn during January in Wisconsin was $6.20 per bushel. This was 11 cents above the December price and 81 cents above January 2022. Looking ahead for comparison, as of March 8 at 11:02 a.m., the May 2023 corn contract is trading at $6.34 and a half from Chicago.
The price received by farmers for soybeans, at $14.10 per bushel, was 10 cents below the December price but $1.60 above the January 2022 price. From Chicago on March 8 at 11:02 a.m., the May 2023 soybean contract is trading at $15.24 and a half.
The January average oat price per bushel, at $4.55, was $1.28 below December and 83 cents below January 2022.
All hay prices in Wisconsin averaged $155 per ton in January. This was $2 below the December price and
$1 below the January 2022 price. The January 2023 alfalfa hay price, at $163, was $5 below the previous month but $3 above January 2022. The average price received for other hay during January was $116 per ton. This was $1 above the December price but $18 below January last year.
Leave a Reply