Did Your Prices Match The Average?

Wisconsin farmers got an average price of $4.45 per bushel of corn during January, according to the latest agricultural prices report from USDA. The National Agricultural Statistics Service says it was 5 cents below the December price and $1.75 below January 2023.

The January 2024 average price for soybeans, at $12.60 per bushel, was 40 cents below the December price and $1.50 below the January 2023 price.

The January average oat price per bushel, at $4.16, was 90 cents above December but 39 cents below January 2023.

All hay prices in Wisconsin averaged $191 per ton in January. This was $12 above the December price and
$34 above the January 2023 price. The January 2024 alfalfa hay price, at $199, was $12 above the
previous month and $36 above January 2023. The average price received for other hay during January was $154 per ton. This was $6 above the December price and $38 above January last year.

The average milk price was $18 per cwt, $1 below the December price and $4 below January 2023.

The U.S. all-milk price for January was $20.10 per cwt, 50 cents lower than December’s U.S. price.