MN Valley Business

Page 15

Agriculture/Agribusiness Corn prices — southern Minnesota 2012

2011

$8.00

Soybean prices — southern Minnesota

(dollars per bushel) $7.40

$16.00

$6.00

$12.00

$4.00

$8.00

$5.57

$2.00 $0

J

F

M

A

M

J

J

A

S

O

N

D

$0

M

A

M

J

J

A

S

O

N

D

$20.00

$80.00

$18.00

$70.00

$16.00

$81.31 M

A

M

J

J

A

S

O

N

$22.50

$22.00

$90.00

F

Minimum prices, class I milk Dollars per hundredweight

2012

2011

$24.00

$85.65

$100.00

Source: USDA

F

Milk prices

185 pound carcass, negotiated price, weighted average

2012

2011

J

J

Source: USDA

Iowa-Minnesota hog prices $110.00

$10.58

$4.00

Source: USDA

$60.00

2012

2011

$20.00

(dollars per bushel) $14.21

D

$14.00

$20.25

J

F

M

A

M

J

J

A

S

O

N

D

Source: USDA. Based on federal milk orders.

Corn and soybean prices are for rail delivery points in Southern Minnesota. Milk prices are for Upper Midwest points.

J. Malmanger

MN Valley Business • jANUARY 2013 • 13


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