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December Prices Up in Latest Report

The November 2020 average price received by farmers for corn in Minnesota was $3.58 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. 

This was 22 cents above the October price and 10 cents above the November 2019 price. 

The November 2020 average price received by farmers for soybeans, at $9.91 per bushel, was up 43 cents from the October price and up $1.42 from the November 2019 price. 

The November 2020 price for spring wheat was $4.82 per bushel, down 14 cents from October but up 41 cents from November 2019. 

All hay prices in Minnesota averaged $110.00 per ton in November, down $2.00 from the October price and down $51.00 from November 2019. 

The alfalfa hay price was $131.00 per ton, unchanged from the October price but $47.00 below a year ago. 

The other hay price was $88.00, down $1.00 from October and down $42.00 from a year ago. 

The November average price for milk was $24.00 per cwt, up 70 cents from October and up 80 cents from November 2019.


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