Business

Kansas crop prices continue to jump

Kansas crop prices continued to rise dramatically in February.

The Kansas All Crops Index in February was up 28 points from January, to 267, and up 113 points from January 2010. The base price was set at 100 in 1990-91.

Wheat prices in mid-February, at $8.50 per bushel, are up $1.41 from January and $4.18 above last February.

Corn prices in mid-February, at $6.10 per bushel, are up 71 cents from January and $2.71 above last February.

Farmers received an average of $10.80 per hundredweight for grain sorghum in mid-February, up $1.24 from January and $5.50 above last February.

Soybean prices, at $12.90 per bushel in mid-February, are up 40 cents from January and $3.73 above last February.

All hay prices averaged $104 per ton in mid-February, down $1 from January but $8 higher than last year. Alfalfa hay averaged $115 per ton, unchanged from January but $12 higher than last February. Other hay, at $70 per ton, is down $5 from January but $3 above last February.

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