December Ag Prices Mixed Month to Month, Higher than 2020

The average price received by farmers for corn during December 2021 in Minnesota was $5.22 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. 

This was 3 cents above the November price and $1.49 above December 2020.

The December 2021 average price received by farmers for soybeans, at $12.50 per bushel, was 40 cents above the November price and $2.10 above the December 2020 price. 

The December average spring wheat price per bushel,  at $8.59, was 14 cents above November and $3.44 above December 2020. 

All hay prices in Minnesota averaged $173.00 per ton in December. 

This was $3.00 below the November price but $52.00 above the December 2020 price. The December 2021 alfalfa hay price, at $190.00, was $16.00 below the previous month but $56.00 above December 2020. 

The average price received for other hay during December was  $143.00 per ton. 

This was $3.00 below the November price but $63.00 above December 2020. 

The average price for milk was $21.70 per cwt, 90 cents above the November price and $3.00 above December 2020. 

Prices received for milk cows for dairy herd replacement averaged $1,320 per head as of January 1st.