Michigan April Agricultural Prices

Jun 02, 2015

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

Click here to see more...

Video: Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game

Volatile markets. Unpredictable weather. Tight margins. Farming has never carried more risk—but now, you have smarter ways to protect your operation.
In this interview, Chris Corbett, Sales Manager at AGi3, breaks down a new generation of insurance solutions built specifically for today’s farm businesses: ForwardProtect — Protect your grain operation from the double hit of yield shortfalls and rising prices when forward contracts can’t be filled.
AgriEnhance — Take control of your crop risk plan with flexible yield coverage and whole-farm revenue protection tailored to your operation.
FarmElevate — A modern approach to farm insurance, combining deep ag expertise with advanced technology to protect your property, equipment, and liability.
These aren’t traditional policies—they’re strategic tools designed to protect your margins, stabilize cash flow, and give you confidence in uncertain markets.
If you’re serious about managing risk and protecting your bottom line, this is a must-watch.