Northwest Iowa — Farmers in this area, and across the state, saw April corn prices rise a nickel above the March prices, according to the latest USDA, National Agriculture Statistics Services, Agricultural Prices report. The average price for corn statewide was $3.52 a bushel, which is up a nickel from March, but 22-cents lower than April, 2015, according to the report. The Iowa averages were slightly lower than the national average, however.
The April, 2016 average price received by farmers for soybeans, at $8.93 per bushel, was $0.47 more than the March price, but $0.65 lower than the April 2015 price. Much like corn, the national average price for soybeans was slightly higher than the Iowa Average.
For a complete look at the USDA, National Agriculture Statistics Services, Agricultural Prices report, click here.