Milling & Baking News - July 13, 2010 - 18

Data



June 1 wheat stocks
973
657
306

571

456

540

546

491

777

950

946
444

376

568

531

507

722

868
475

536

702

876

1,261

(in million bus)

'88 '89 '90 '91 '92 '93 '94 '95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10
Source: U.S. Department of Agriculture

earlier. The June 1 wheat inventory
in the Central states, which includes
the major soft red winter wheat
states, was 167,839,000 bus of wheat,

up 26% from a year ago. Wheat
holdings in the Pacific Northwest
on June 1 totaled 78,799,000 bus, up
21% from 2009.

Average all wheat price falls 53c in June
WASHINGTON - The prelimi- age price paid for durum was $4.21 a
bu, down 7c from
nary national averMay and down
age price received
Average price received
$2.62 from $6.83
by farmers for all
by farmers for wheat
in June 2009.
wheat in June was
- Crop year (per bu) -
Spring
wheat
$3.80 per bu, down
2010-11
2009-10
other than durum
53c from May and
June
$3.80
$5.72
averaged $4.67,
down $1.92 from
July
5.13
up 6c from May
$5.72 in June 2009,
August
4.83
but down $1.99
the U.S. Department
September
4.48
from $6.66 in June
of Agriculture said
October
4.47
2009.
in its latest AgriculNovember
4.79
The
average
ture Prices report.
December
4.85
price paid for
The average price
January
4.92
rough rice was
paid for winter wheat
February
4.73
$13.40 a cwt,
in June was $3.66 a bu,
March
4.70
down 10c from
down 55c from $4.21
April
4.42
May and down
in May and down
May
4.33
$1.30 from $14.70
$1.81 from $5.47 in
Source: U.S. Department of
in June 2009.
June 2009. The averAgriculture

Average price received by farmers for wheat
$12

2006-07
2007-08

$10

2008-09

2009-10
$6

2010-11

18 / July 13, 2010 Milling & Baking News

May

April

March

February

January

December

November

October

September

August

July

June

Durum stocks on June 1 were
34,603,000 bus, up 38% from
25,074,000 bus a year ago. Indicated
disappearance of durum during the
March-May period was 20.9 million
bus, up 191% from a year ago, the
U.S.D.A. said.
Stocks of corn on June 1 totaled
4,310,044,000 bus, up 1% from
4,261,427,000 bus a year ago. Indicated disappearance of corn during
the March-May period was 3.38 billion bus, up 27% from the same period last year, the U.S.D.A. said.
June 1 soybean stocks were
571,017,000 bus, down 4% from
596,159,000 bus a year earlier, the
U.S.D.A said. Indicated March-May
disappearance was 699 million bus,
down 1% from the same period a
year earlier. MBN
The June index of prices received
for food grains was 133 compared
with the 1990-92 base of 100, down
15% from a revised 156 in May and
down 31% from 194 a year earlier.
The June index for feed grains was
148, down about 3% from a revised
152 last month and down 14% from
172 in June 2009. The average price
received for corn in June was $3.38
per bu, down 10c from May and
down 63c from $4.01 in June 2009.
Farmers received an average of $5.50
a cwt for grain sorghum in June,
down 19c from $5.69 in May and
down 79c from $6.29 in June 2009.
The average price paid for oats in
June was $2.02 a bu, down 17c from
$2.19 in May and down 35c from
$2.37 in June 2009.
The index of June prices received
for oil-bearing crops was 167, down
slightly from a revised 168 in May
and down 18% from 203 in June
2009. The national average price
paid to farmers for soybeans was
$9.39 a bu, down 2c from May and
down $2.01 from $11.40 in June
2009.
The June index for dairy products was 121, up 4% from a revised
116 in May and up 39% from 87
in June 2009. The average price
paid to farmers for manufacturing
grade milk in June was $13.70 a
cwt, unchanged from May and up
$3.30 from $10.40 in June 2009.
The egg and poultry index was
149, up 1% from 147 in both May
and June 2009. The average price
paid to farmers for all eggs was 62c
a dozen, down 1c from May but up
3c from June 2009. MBN
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Milling & Baking News - July 13, 2010

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