Marketing Year | Spring Wheat | Durum Wheat | Oats | Feed Barley | Malting Barley | Oil Sunflower | Non-oil Sunflower | | Corn | Soybeans | Canola | Flaxseed | Winter Wheat | Dry Beans | Dry Peas | Lentils | Alfafa Hay | Other Hay |
---|
| (bu) | (bu) | (bu) | (bu) | (bu) | (cwt) | (cwt) | | (bu) | (bu) | (cwt) | (bu) | (bu) | (cwt) | (cwt) | (cwt) | (ton) | (ton) |
---|
2019-20 | 4.44 | 4.66 | 2.47 | 3.30 | 4.41 | 19.00 | 23.80 | | 3.07 | 7.93 | 14.80 | 9.15 | 3.87 | 29.60 | 9.49 | 13.90 | 88.00 | 66.00 |
2020-21 | 5.11 | 5.98 | 2.54 | 3.51 | 4.76 | 20.50 | 26.50 | | 4.44 | 10.20 | 18.50 | 11.10 | 4.82 | 28.90 | 10.60 | 18.20 | 89.00 | 71.00 |
2021-22 | 8.82 | 13.90 | 4.80 | 5.44 | 5.35 | 32.40 | 33.40 | | 5.86 | 12.60 | 33.40 | 25.90 | 8.27 | 41.00 | 19.90 | 37.60 | 172.00 | 113.00 |
2022-23 | 8.74 | 9.81 | 4.38 | 6.15 | 7.71 | 27.10 | 38.60 | | 6.16 | 13.70 | 29.90 | 17.50 | 8.66 | 37.90 | 17.00 | 32.80 | 130.00 | 88.00 |
2023-24 | 6.97 | 9.38 | 3.99 | 5.04 | 7.49 | 19.90 | 32.60 | | 4.14 | 12.00 | 24.40 | 12.10 | 6.63 | 38.60 | 15.50 | 38.00 | 120.00 | 88.00 |
Historic avg. (2019-2023) | 6.82 | 8.75 | 3.64 | 4.69 | 5.94 | 23.78 | 30.98 | | 4.73 | 11.29 | 24.20 | 15.15 | 6.45 | 35.20 | 14.50 | 28.10 | 119.80 | 85.20 |
2024-25 (to date)* | 5.43 | 6.88 | 3.55 | N.A. | 7.09 | 19.79** | N.A. | | 3.72 | 9.62 | 19.74 | 11.95 | 5.26 | 34.11 | N.A. | N.A. | 97.99 | 81.09 |
2025-26 short-term | 6.25 | 7.25 | 2.50 | 3.25 | 5.00 | 20.00 | 28.00 | | 4.00 | 9.50 | 19.00 | 11.00 | 5.50 | 27.00 | 13.33 | 25.00 | 100.00 | 80.00 |
2026-27 | 5.82 | 6.81 | 2.56 | 3.28 | 5.74 | 18.86 | 25.65 | | 3.68 | 9.19 | 17.79 | 10.83 | 5.10 | 27.57 | 11.03 | 21.95 | 110.00 | 85.00 |
2027-28 | 5.87 | 6.88 | 2.60 | 3.33 | 5.83 | 19.25 | 26.18 | | 3.74 | 9.38 | 18.16 | 11.05 | 5.14 | 28.14 | 11.26 | 22.41 | 120.00 | 90.00 |
2028-29 | 5.92 | 6.94 | 2.61 | 3.35 | 5.86 | 19.52 | 26.55 | | 3.76 | 9.51 | 18.42 | 11.21 | 5.19 | 28.53 | 11.41 | 22.71 | 125.00 | 95.00 |
2029-30 | 5.89 | 6.90 | 2.61 | 3.34 | 5.85 | 19.52 | 26.55 | | 3.74 | 9.51 | 18.42 | 11.21 | 5.16 | 28.53 | 11.41 | 22.71 | 120.00 | 90.00 |
2030-31 | 5.81 | 6.80 | 2.60 | 3.33 | 5.83 | 19.44 | 26.44 | | 3.74 | 9.47 | 18.34 | 11.17 | 5.09 | 28.41 | 11.36 | 22.61 | 122.00 | 93.00 |
Projected long-term avg. (2026-2030) | 5.861 | 6.872 | 2.603 | 3.334 | 5.825 | 19.326 | 26.277 | | 3.738 | 9.419 | 18.2310 | 11.0911 | 5.1412 | 28.2413 | 11.294 | 22.4815 | 119.40 | 90.60 |
* average of beginning of marketing year to December 2024
** average of local cash bids
Note: FAPRI projections are updated in January 2025
1 Spring wheat price is calculated based on the historical relationship: N.D. spring wheat = U.S. wheat x 1.05
2 Durum price is calculated based on the historical relationship: N.D. durum = U.S. spring wheat x 1.23
3 Oats price is calculated based on the historical relationship: N.D. oats = N.D. feed barley x 0.78
4 Feed barley price is calculated based on the historical relationship: N.D. feed barley = U.S. corn x 0.82
5 Malting barley price is calculated based on the historical relationship: N.D. malting barley = N.D. feed barley x 1.75
6 Oil sunflower price is calculated based on the historical relationship: N.D. oil sunflower = U.S. soybean x 1.95
7 Non-oil sunflower price is calculated based on the historical relationship: N.D. non-oil sunflower = N.D. oil sunflower x 1.36
8 Corn price is calculated based on the historical relationship: N.D. corn = U.S. corn x 0.92
9 Soybean price is calculated based on the historical relationship: N.D. soybean = U.S. soybean x 0.95
10 Canola price is calculated based on the historical relationship: N.D. canola = U.S. soybean x 1.84
11 Flaxseed price is calculated based on the historical relationship: N.D. flaxseed = U.S. soybean x 1.12
12 Winter wheat price is calculated based on the historical relationship: N.D. winter wheat = U.S. wheat x 0.92
13 Dry bean price is calculated based on the historical relationship: N.D. dry bean = N.D. soybean x 3.0
14 Dry pea price is calculated based on the historical relationship: N.D. dry pea = N.D. soybean x 1.20
15 Lentil price is calculated based on the historical relationship: N.D. lentil = N.D. dry pea x 1.99