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Home » Minnesota Agricultural Prices report
SOLID PRICES ... Comments

Minnesota Agricultural Prices report

All February ag commodity prices better than previous year

PUBLISHED ON April 8, 2022

Farmer's hands holding harvested grain corn. (RGtimeline/stock.adobe.com)
Farmer's hands holding harvested grain corn. (RGtimeline/stock.adobe.com)
The average price received by farmers for corn during February 2022 in Minnesota was $5.86 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was 63 cents above the January price and $1.29 above February 2021. (RGtimeline/stock.adobe.com)

ST. PAUL, Minn. — The average price received by farmers for corn during February 2022 in Minnesota was $5.86 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was 63 cents above the January price and $1.29 above February 2021. 

The February 2022 average price received by farmers for soybeans, at $14.80 per bushel, was $2.10 above the January price and $1.70 above the February 2021 price. 

The February average spring wheat price per bushel, at $9.31, was 86 cents above January and $3.61 above February 2021. 

All hay prices in Minnesota averaged $179.00 per ton in February. This was $2.00 below the January price but $55.00 above the February 2021 price. The February 2022 alfalfa hay price, at $193.00, was $4.00 below the previous month but $58.00 above February 2021. The average price received for other hay during February was $152.00 per ton. This was $1.00 below the January price but $68.00 above February last year. 

The average price for milk was $24.20 per cwt, 50 cents above the January price and $6.40 above February 2021.

— USDA National Agricultural Statistics Service

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