The average price received by farmers for corn during April 2023 in Wisconsin was $6.30 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was 5 cents above the March price but 59 cents below April 2022.
For comparison, as of May 31 at 2:52 p.m., cash corn is trading at $5.94 from the Chicago Board of Trade (CBOT).
The April 2023 average price received by farmers for soybeans, at $14.50 per bushel, was 10 cents above the March price but $1.00 below the April 2022 price.
As of May 31 at 2:52 p.m., cash soybeans are trading at $12.99 and three quarters on the CBOT.
The April average oat price per bushel, at $4.25, was 29 cents below March and $1.45 below April 2022.
All hay prices in Wisconsin averaged $148.00 per ton in April. This was $3.00 below the March price and $6.00 below the April 2022 price. The April 2023 alfalfa hay price, at $160.00, was $2.00 below the previous month and $1.00 below April 2022. The average price received for other hay during April was $110.00 per ton. This was $5.00 below the March price and $15.00 below April last year.
The average price for milk was $20.40 per cwt, 10 cents below the March price and $6.70 below April 2022.
For comparison, as of May 31 at 2:52 p.m., the June Class III milk contract is trading at $15.43 per cwt on the CBOT.
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