November price changes vary for agricultural commodities
Madison — Prices that Wisconsin farmers received for the crops and cattle they sold in November varied with the prices for October. Both categories, however, were lower prices than those for November of 2015 in most cases.
The November average price of $3.11 per bushel for corn was lower than the $3.23 in October and the $3.42 in November of 2015. For the United States, the November corn price averaged $3.23 per bushel compared to $3.29 in October and the $3.59 for November of 2015.
Lower hay prices
Wisconsin's prices for all baled hay slipped to $94 per ton in November compared to the $97 per ton for both October in 2016 and November of 2015. Within the baled hay category, alfalfa fell to $100 per ton from the October value of $117 and the $101 for November of 2015.
Prices other species of hay, however, jumped to an average of $70 per ton in November from the $51 in October. In November of 2015, the average price was $73 per ton for that hay.
Around the United States, the November all hay price stood at $128 per ton compared to $131 in October and $138 in November of 2015. The alfalfa hay price was down to $130 per ton for November compared $135 in October and $147 in November of 2015. The November price of $123 per ton for other hay species was up by $2 from October and down by $1 from November of 2015.
Soybean prices up
Soybeans posted increases in both comparisons for Wisconsin and the United States. The November price of $9.31 per bushel in Wisconsin was up by 7 cents from October and 95 cents from November of 2015. The national price of $9.46 per bushel in November was up by 16 cents from October and by 78 cents from November of 2015.
Oats also enjoyed price increases with the November average of $1.91 per bushel in Wisconsin being up by 23 cents from October and by 2 cents from November of 2015. The United States price of $2.25 per bushel for November was 22 cents more than in October and 14 cents more than in November of 2015.
Prices for all potato sales in Wisconsin averaged $9.70 per hundredweight in November – up by 5 cents from October and by 10 cents from November of 2015. The United States price of $8.86 per hundredweight was down by 11 cents from October and 10 cents from November of 2015.
Livestock price gains
The monthly report of prices provided by the National Agricultural Statistics Service and its Wisconsin field office also includes prices for livestock. But there is no Wisconsin breakout for them.
For November, the average price of $144 per hundred for calves was up by $10 from October but well below the $216 in November of 2015. Similarly, the November price of $106 per hundred for steers and heifers was up by $4 from October but $25 less than the November 2015 price.
The average price for beef cows and cull dairy cows sent to slaughter fell to $61.90 in November compared to $65.40 in October and $82 in November of 2015. For all beef cattle, the November price of $104 per hundred was up by $3 from October but down by $25 from the November 2015 price.
Hog prices down
Hog prices, however, continued to slip. For all hogs, the November price was $39 per hundred compared to $41.70 in October and $45.90 in November of 2015.
The November price for sows was down to $30.40 per hundred from the $33.20 in October and $48.50 in November 2015. Barrows and gilts dropped to $39.30 per hundred in November compared to $42 in October and $45.90 in November 2015.
Market egg prices recovered from their October 2016 low of 21.2 cents per dozen to 30.4 cents in November. Both prices were significantly lower than the $1.93 average in November of 2015, when the after-effect of the avian flu virus earlier in the year was still being felt.