EAST LANSING, Mich. — The USDA National Agricultural Statistics Service Indiana Field Office has released a report of prices received by Indiana farmers for the full month of November 2019.
Some Indiana highlights were: November corn, at $3.92 per bushel, decreased $0.09 from October but increased $0.43 from last year; November soybeans, at $8.94 per bushel, was unchanged from last month but increased $0.34 from last year; November wheat, at $5.27 per bushel, decreased $0.01 from October but increased $0.08 from last year; November milk, at $20.30 per cwt., increased $1.00 from last month and increased $3.10 from last year.
The November Prices Received Index 2011 Base (Agricultural Production), at 88.6, increased 4.6 percent from October and 0.2 percent from November 2018. At 82.6, the Crop Production Index was up 1.7 percent from last month but down 1.8 percent from the previous year. The Livestock Production Index, at 96.6, increased 7.0 percent from October and 4.2 percent from November last year. Producers received higher prices during November for market eggs, lettuce, cattle, and milk but lower prices for corn, broilers, apples, and hogs. In addition to prices, the indexes are influenced by the volume change of commodities producers market. In November, there was increased monthly movement for corn, milk, cattle, and cotton and decreased marketing of soybeans, grapes, wheat, and lettuce.
— USDA National Agricultural Statistics Service, Indiana Field Office
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