The average price received by farmers for corn during October in Iowa was $3.39 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was up $0.10 from the September price and $0.16 above a year ago.
The October 2018 average price received by farmers for soybeans, at $8.71 per bushel, was up $0.27 from the September price but $0.44 below the October 2017 price.
The October average oat price per bushel was $2.99, up $0.26 from September and $0.20 above October 2017.
All hay prices in Iowa averaged $128.00 per ton in October. This was up $20.00 from the September price and $28.00 above the October 2017 price. The October 2018 alfalfa hay price averaged $135.00, up $26.00 from the previous month and $29.00 above October 2017. The average price received for other hay during October was $117.00 per ton. This was up $14.00 from the September price and $26.00 above the October 2017 price.
The average price for milk was $17.90 per cwt, up $0.50 from the September price but $0.70 below one year ago.