 |
|||||
Unit Prices for Selected Farm Products ($) |
|||||
Commodity |
April 15, 2007 |
April 15, 2008 |
2007 vs. 2008 |
||
| Corn — No. 2 yellow | 3.275 |
5.7 |
74.0% |
||
| Corn gluten feed — Midwest | 71.4 |
127.22 |
78.2% |
||
| Wheat — spring | 5.6425 |
12.54 |
122.2% |
||
| Wheat — No. 2 soft red | 4.5 |
7.455 |
65.7% |
||
| Wheat — hard | 5.465 |
10.1475 |
85.7% |
||
| Milk — non-fat dry | 145 |
130 |
-10.3% |
||
| Soybeans | 6.89 |
13.295 |
93.0% |
||
| Flour — hard, winter | 14.2 |
25.6 |
80.3% |
||
| Corn oil — crude wet | 30 |
87.5 |
191.7% |
||
| Soybean oil — crude | 0.3049 |
0.6102 |
100.1% |
||
| Eggs — Large white | 0.745 |
1.085 |
45.6% |
||
| Milk — Whole (One gallon)* | 3.07 |
3.87 |
26.1% |
||
| Source: WSJ Market Data Group — April 16, 2008 Wall Street Journal | |||||
| *January 2007 vs. January 2008 prices from U.S. Bureau of Labor Statistics | |||||
| Compiled by Deroy Murdock, Contributing Editor, National Review Online, April 16, 2008 | |||||