U.S. AVERAGE FARM PRICES
(Long Term)
Per Ton
Per Bushel
$50
$1.36
Durum
HRS
Proj 16-17
$2.72
13-14
$100
10-11
$4.08
07-08
$150
04-05
$5.44
01-02
$200
98-99
$6.80
95-96
$250
92-93
$8.16
89-90
$300
86-87
$9.52
83-84
$350
80-81
$10.88
77-78
$400
Source: USDA, Annual Price Summary
5/10/17
U.S. AVERAGE FARM PRICES
Per Ton
Per Bushel
$14.96
$450
$12.24
$350
$9.52
$250
$6.80
$150
$4.08
$50
$1.36
11-Jan
Apr
July
Oct
12-Jan
Apr
July
Oct
13-Jan
Apr
Jul
Oct
14-Jan
Apr
July
Oct
15-Jan
Apr
July
Oct
16-Jan
Apr
July
Oct
17-Jan
$550
Durum
Spring
Source: USDA, Annual Price Summary
4/27/17
PRICE TRENDS AT GULF
Per Metric Ton
Per Bushel
$600
$16.32
$500
$13.60
No price
data available
$400
$10.88
$8.16
$200
$5.44
$100
$2.72
Jan-12
Apr
July
Oct
Jan-13
Apr
Jul
Oct
Jan-14
Apr
Jul
Oct
Jan-15
Apr
July
Oct
Jan-16
Apr
Jul
Oct
Jan-17
Apr
$300
HAD No2
DNS 14%
HRW 12%
Source: USDA, Annual Price Summary
5/10/17
U.S. WHEAT PRICE CHANGE AT
THE GULF
$ per Ton
May 16
$500
$400
$300
$ per Bushel
May 17
$13.60
$10.88
338
309
$8.16
250247
206 212
$200
203
181
$100
$5.44
$2.72
DNS 14%
Durum
HRW 12%
SRW
5/5/17
PRICE TRENDS AT THE PNW
Per Metric Ton
Per Bushel
$16.32
$500
$13.60
$400
$10.88
$300
$8.16
$200
$5.44
$100
$2.72
Jan-12
Apr
July
Oct
Jan-13
Apr
Jul
Oct
Jan-14
Apr
Jul
Oct
Jan-15
Apr
July
Oct
Jan-16
Apr
Jul
Oct
Jan-17
Apr
$600
DNS 14%
HRW 12%
Source: USDA, Annual Price Summary
5/10/17
U.S. WHEAT PRICE CHANGE AT
THE PNW
$ per Ton
$ per Bushel
May 16
$500
May 17
$13.60
$400
$300
$10.88
237 252
$8.16
213 218
$200
213
191
$100
$5.44
$2.72
DNS 14%
HRW 12%
SW 10.5%
(MAX)
5/5/17
PRICE TRENDS AT THE LAKES
Per Metric Ton
Per Bushel
$600
$16.32
$500
$13.60
No price
data available
$400
$10.88
$8.16
$200
$5.44
$100
$2.72
Jan-12
May
Sept
Jan-13
May
Sept
Jan-14
May
Sept
Jan-15
May
Sept
Jan-16
May
Sept
Jan-17
May
$300
HAD No2
DNS 14%
Source: USDA, Annual Price Summary
5/10/17
U.S. WHEAT PRICE CHANGE AT
THE LAKES
$ per Ton
$ per Bushel
May 16
$700
May 17
$19.04
$600
$16.32
$500
$13.60
$400
$10.88
$300
312
219
282
225
$8.16
$200
$5.44
$100
$2.72
DNS 14%
Durum
5/5/17
U. S. FUTURES TRENDS
Minneapolis – Hard Red Spring
Kansas City – Hard Red Winter
Chicago – Soft Red Winter – World prices
$ per Bushel
$12.00
$ per Ton
MGE
KCBOT
CBOT
$440.88
$330.66
$6.00
$220.44
$3.00
$110.22
12-Jan
Apr
July
Oct
13-Jan
Apr
Jul
Oct
14-Jan
Apr
Jul
Oct
15-Jan
Apr
July
Oct
16-Jan
Apr
Jul
Oct
17-Jan
Apr
$9.00
5/10/17
Average N.D. Hard Red Spring and
Durum Wheat Producer Bids
$ per Bushel
14% HRS
DURUM
$ per Ton
$661
$15.00
$551
$12.00
$441
$9.00
$331
$6.00
$220
$3.00
$110
4/13/12
7/6/12
9/28/12
12/21/12
3/15/13
6/7/13
8/30/13
11/22/13
2/14/14
5/9/14
8/1/14
10/24/14
1/16/15
4/10/15
7/3/15
9/25/15
12/18/15
3/11/16
6/3/16
8/26/16
11/18/16
2/10/17
5/5/17
$18.00
5/8/17
Source: AgWeek weekly prices
Average N.D. Durum Wheat Prices
$ per Bushel
$ per Ton
MPLS Durum Index
ND Durum
4/30/2017
1/31/2017
10/31/2016
$110
7/31/2016
$3.00
4/30/2016
$220
1/31/2016
$6.00
10/31/2015
$331
7/31/2015
$9.00
4/30/2015
$441
1/31/2015
$12.00
10/31/2014
$551
7/31/2014
$15.00
4/30/2014
$661
1/31/2014
$18.00
4/30/17
Hard Red Spring Wheat
(14% Protein)
Avg ND Origin
MPLS Cash Bid
$514
$10
$367
$6
$220
$2
$73
1/2/12
3/26/12
6/18/12
9/10/12
12/3/12
2/25/13
5/20/13
8/12/13
11/8/13
1/31/14
4/25/14
7/18/14
10/10/14
1/2/15
3/27/15
6/19/15
9/11/15
12/4/15
2/26/16
5/20/16
8/12/16
11/4/16
1/27/17
4/20/17
$14
MPLS Source: MGEX
N.D. Source: Cash quotes from Ayr, Bottineau, Edgeley,
Grand Forks, Harvey, Jamestown, Plaza, Scranton & Williston 5/10/17