MN Valley Business

Page 17

Corn prices — southern Minnesota 2011

2010

$8.00

(dollars per bushel) $6.57

(dollars per bushel)

2011

2010

$14.00

$12.48

$12.00

$4.00

$11.00 $10.00

$5.49

$2.00

$10.58

$9.00 J

F

M

A

M

J

J

A

S

O

N

D

Source: USDA

M

A

M

J

J

A

S

O

N

D

$80.00

$18.00

$60.00

$16.00

$50.00

$14.00

F

M

A

M

J

J

A

S

O

N

$20.25

$22.00 $20.00

$67.32

$70.00

Minimum prices, class I milk Dollars per hundredweight

2011

2010

$24.00

$81.31

$90.00

J

F

Milk prices

185 pound carcass, negotiated price, weighted average

2011

2010

Source: USDA

J

Source: USDA

Iowa-Minnesota hog prices $100.00

$8.00

D

$19.04 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

Business Barometers

$13.00

$6.00

$0

Soybean prices — southern Minnesota


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