Grain prices down from a year ago

Staff writer

Elevator managers in Marion County report that the price of feed grains is much lower than it was a year ago.

Prices have remained steady the past few weeks but are sitting at levels not seen for a while.

At Cooperative Grain and Supply, corn was $7.15 a bushel a year ago and was bringing $4.19 Monday at the close. Milo was $6.82 a year ago and $4.20 Monday. Soybeans were $15.67 a year ago, and $12.58 Monday.

The wheat price was $6.65 a bushel Monday compared to $8.55 a year ago. It is down from $6.95 three months ago.

Agri-Producers Inc. reported a cash corn price Tuesday of $4.25 compared to $7.10 a year ago. Soybeans were $12.50 compared to $15.50, and milo was $4.80 compared to $6.80. Wheat was $6.75, down from $8.59 a year ago and $7 three months ago.

Elevator managers said the prices are lower in anticipation of a good fall crop.

 

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