The average price received by farmers for corn during October in Iowa was $3.61 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was up 22 cents from the September price, but 18 cents below October 2019.
The October average price was $22.50 per cwt for milk, up $4.20 from the September price and $1.10 above one year ago.
All hay prices in Iowa averaged $111.00 per ton in October. This was down $6.00 from the September price and $19.00 below the October 2019 price. The October 2020 alfalfa hay price averaged $123.00, down $6.00 from the previous month and $20.00 below October 2019. The average price received for other hay during October was $94.00 per ton. This was up $13.00 from the September price, but $8.00 below the October 2019 price.