WASHINGTON, D.C., U.S. — The preliminary U.S. average price received by farmers for all wheat in August was $6.91 per bushel, down 2¢ from July and down $1.13 from $8.04 in August 2012, the U.S. Department of Agriculture (USDA) said in its latest Agricultural Prices report.
The average price paid for winter wheat in August was $6.78 per bushel, down 7¢ from July and down $1.14 from $7.92 in August 2012. The average price paid for durum was $8.07 per bushel, down 10¢ from July but up 31¢ from $7.76 in August 2012. Spring wheat other than durum averaged $7 per bushel, down 29¢ from July and down $1.27 from $8.27 in August 2012.
The average price paid for all rice was $15.60 a cwt, up 30¢ from $15.30 in July and up $1 from $14.60 in August 2012.
The June index of prices received by farmers for food grains was 232 compared with the 1990-92 base of 100, down slightly from 233 in July and down 12% from 263 in August 2012.
The June index of feed grains was 258, down 10% from 286 in July and down 17% from 312 in August 2012. The average price paid to farmers for corn was $6.02 per bushel, down 77c from $6.79 in July and down $1.61 from $7.63 in August 2012. Farmers received an average of $9.55 a cwt for grain sorghum in August, down 9¢ from July and down $1.75 from $11.30 in August 2012. The average price paid for oats in August was $3.69 a bushel, down 20¢ from July and down 13¢ from August 2012.
The index of June prices received for oilseeds was 232, down 12% from 263 in July and down 19% from 287 in August 2012. Farmers received an average of $13.80 a bushel for soybeans in August, down $1.50 from $15.30 in July and down $2.40 from $16.20 in August 2012.
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