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MADISON, Wis. - The price of Wisconsin's 2012 corn crop was up 88 cents from the previous marketing year, averaging $6.90 per bushel. The total value of the corn crop was $2.76 billion. Nationally, corn sold for an average of $7.20 per bushel and had a value of $77.4 billion.
Wisconsin's soybean crop was valued at $981 million. Soybean prices averaged $13.90 per bushel, up $1.50 from the previous year. Nationally, the soybean crop was valued at $43.2 billion, based on an average selling price of $14.30 per bushel.
The value of Wisconsin dry alfalfa hay was $382 million, up from $374 million in 2011. The average price per ton in 2012 was $158.
The value for all other hay types was $60 million, down from $70.1 million in 2011. The average price of $100 per ton was up from $82 in 2011.
The value of all the principal crops produced in Wisconsin in 2012 was $5.11 billion. Field crops and miscellaneous crops made up the largest portion of the principal crops, with a value of $4.63 billion.
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