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Agriculture/Agribusiness Corn prices — southern Minnesota 2013

2012

8

Soybean prices — southern Minnesota

(dollars per bushel)

2012

$6.91

$6.07

12

4

$13.67

8

2

4 J

F

M

A

M

J

J

A

S

O

N

0

D

Source: USDA

F

M

A

M

J

J

Milk prices

185 pound carcass, negotiated price, weighted average

2013

2012

110

J

A

S

O

N

D

Source: USDA

Iowa-Minnesota hog prices

Minimum prices, class I milk Dollars per hundredweight

2013

2012

24

$90.57

100

$19.46

22

90

20

80

18 $81.41

70 60

$15.24

16

6

0

2013

20

(dollars per bushel)

J

F

M

A

M

J

J

A

16 S

O

N

14

D

Source: USDA

$17.46

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.

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MN Valley Business • June 2013 • 33


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