News

Minnesota grain prices lower in November

USDA says the price Minnesota farmers received for corn and soybeans declined last month.

In the November monthly price report, the average price payed for corn was $3.43 per bushel, down six cents from the October price and eight cents lower than November 2014.

The average price received for a bushel of soybeans during the month was $8.51, 13 cents off the October price and $1.44 below last year.

USDA’s National Ag Statistics Service surveys elevators and other grain buyers for its estimates.