FarmPolicy

November 22, 2019

USDA- Monthly Agricultural Prices

On Friday, USDA’s National Agricultural Statistics Service (NASS) released its monthly Agricultural Prices report, which stated that, “The corn price, at $3.81 per bushel, is up 3 cents from last month but is down 61 cents from January 2014.”

“The soybean price, at $10.30 per bushel, is unchanged from December but is $2.60 below January a year earlier.”

“At 58.6 cents per pound, the price for upland cotton is down 1.8 cents from December and 18.9 cents below January 2014.”

With respect to livestock, the NASS report indicated that, “The January beef cattle price of $164 per cwt is unchanged from the previous month but is $26.00 higher than January 2014.”

“At $57.40 per cwt, the January hog price is down $6.90 from December and $3.80 lower than a year earlier.”

“The January all milk price of $17.60 per cwt is down $2.80 from December and $5.90 lower from January 2014.”

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