U.S. all-wheat price down from May

by World Grain Staff
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WASHINGTON, D.C., U.S. — The preliminary national average price received by U.S. farmers for all wheat in June was $7.13 per bushel, down 55¢ from $7.68 in May but up 43¢ from $6.70 in June 2012, the U.S. Department of Agriculture (USDA) said in its latest Agricultural Prices report. 

The average price paid for winter wheat in June was $7.02 per bushel, down 47¢ from $7.49 in May but up 47¢ from $6.55 in June 2012. The average price paid for durum was $8.12 per bushel, up 6¢ from May but down 19¢ from $8.31 in June 2012. Spring wheat other than durum averaged $7.68 per bushel, down 16¢ from $7.84 in May and down 10¢ from June 2012. 

The average price paid for all rice was $15.60 a cwt, up 30¢ from $15.30 in May and up $1.40 from $14.20 in June 2012. 

The June index of prices received by farmers for food grains was 239 compared with the 1990-92 base of 100, down 3% from 247 in May but up 7% from 224 in June 2012. 

The June index of feed grains was 298, down slightly from 299 in May but up 11% from 269 in June 2012. The average price paid to farmers for corn was $7.02 per bushel, up 5¢ from May and up 65¢ from $6.37 in June 2012. Farmers received an average of $11.40 a cwt for grain sorghum in June, down 10¢ from May but up $1.84 from $9.56 in June 2012. The average price paid for oats in June was $4.04 a bushel, down 41¢ from $4.45 in May but up 24¢ from $3.80 in June 2012. 

The index of June prices received for oilseeds was 260, up 2% from 256 in May and up 4% from 249 in June 2012. Farmers received an average of $15.10 a bushel for soybeans in June, up 20c from $14.90 in May and up $1.20 from $13.90 in June 2012. 


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