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Published February 03, 2014, 10:10 AM

Average farm price report mixed

The January All Farm Products Index is 98 percent of its 2011 base, down 2 percent from the December index and 12 percent below the January 2013 index.

By: U.S. Department of Agriculture,

The January All Farm Products Index is 98 percent of its 2011 base, down 2 percent from the December index and 12 percent below the January 2013 index.

The January index for all crops, at 89, decreased 2.2 percent from December and is 21 percent lower than January 2013. Index increases for fruit and tree nut production, and vegetable and melon production more than offset the index decreases for other crop production and grains and oilseeds.

The January index for food grains, at 92, is 5.2 percent below the previous month and 16 percent below a year ago. The January price of all wheat, at $6.31 per bushel, is down 42 cents from December and $1.81 below January 2013.

The January index for feed grains, at 73, is down 1.4 percent from last month and 37 percent below a year ago. The corn price, at $4.37 per bushel, is down 4 cents from last month and $2.59 below January 2013. Sorghum grain, at $7.42 per hundredweight, is 6 cents below December and $4.58 below January last year.

The January index for oilseeds, at 103, is up 1 percent from December but 9.6 percent lower than January 2013. The soybean price, at $13 per bushel, is unchanged from December but is $1.30 below January 2013.

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