Michigan April Agricultural Prices

Prices received by Michigan farmers for the full month of April 2015 are listed in the table below.

Some Michigan highlights were: April corn, at $3.78 per bushel, increased $0.04 from March and decreased $0.90 from last year; April soybeans, at $10.00 per bushel, increased $0.09 from last month and decreased $4.50 from last year; April wheat, at $6.18 per bushel, increased $0.20 from March and decreased $0.60 from last year; April milk, at $16.20 per cwt., was unchanged from last month, and decreased $9.20 from last year.

The April P rices Received Index (Agricultural Production), at 104, increased 2.0 percent from March. The Crop Production Index, at 89, increased 3.5 percent. At 116, the Livestock Production Index decreased 0.9 percent. Producers received higher prices for broilers, cattle, onions, and hay but lower prices for market eggs, hogs, corn, and oranges. In addition to prices, the indexes are impacted by the five - year average monthly mix of commodities producers market. Increased monthly movement of strawberries, milk, broil ers, and oranges offset the decreased marketing of corn, cattle, soybeans, and hay.

The Prices Received Index is down 9.6 percent from the previous year. The Food Commodities Index, at 111, increased 0.9 percent from the previous month but is down 11 perc ent from April 2014.

Source:usda.gov