Average price of all wheat at $6.91 in September

by FoodBusinessNews.net Staff
Share This:

WASHINGTON — The preliminary national average price received by farmers for all wheat in September was $6.91 per bu, down 73c from $7.64 in August but 15c above the September 2007 average of $6.76, the U.S. Department of Agriculture said in its September Agriculture Prices report (click here to read report).

The national average price received for winter wheat in September was $6.63 a bu, down 68c from $7.31 in August and down 26c from the September 2007 average of $6.89.

The average price for durum was $11.90 a bu, down 50c from $12.40 in August but $2.92 above the September 2007 average of $8.98.

The average price received for rough rice was $17.90 per cwt in September, down 10c from $18 in August but $7.60 above the September 2007 average of $10.30.

The preliminary index of prices received for food grains was 237% of the 1990-92 base of 100, down 8.1% from a revised August index of 258 but 9.7% above the September 2007 index of 216.

The September index for feed grains was 222, down 1.8% from a revised 226 the previous month but 48% above the September 2007 index of 150. The average price paid to farmers for corn in September was $5.17 per bu, down 9c from $5.26 in August but up $1.89 from $3.28 in September 2007. Farmers received an average of $8.39 per cwt for grain sorghum in September, down 1c from $8.40 in August but up $2.22 from $6.17 in September 2007. The average price paid for oats in September was $2.92, down 23c from $3.15 in August but 45c above the year-ago level.

The U.S.D.A. index for September prices received for oil-bearing crops was 189, down 17% from a revised 228 in August but 44% above 131 in September 2007. The national average price paid to farmers for soybeans was $11.70 a bu, down $1.10 from $12.80 in August and down $3.55 from $8.15 in September 2007.

The September index for dairy products was 138, down 2.1% from a revised 141 in August and down 17% from 167 in September 2007. The average price paid for manufacturing grade milk in September was $17.40 per cwt, down 20c from $17.60 in August and down $2.70 from $20.10 in September 2007.

The egg and poultry index was 149 in September, down 1.3% from 151 in August but unchanged from a year ago. The average price paid to farmers for all eggs was $1 per dozen in September, up 3c from 97c in August but down 7c from $1.07 in September 2007.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.








The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.