Table 19--Wheat: Cash prices at principal markets (dollars per bushel)
Price and mkt year 1/
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Avg 2/
No. 1 hard red winter (ordinary protein), Kansas City, MO
2005/06
3.87
3.83
3.96
4.30
4.57
4.53
4.52
4.46
4.72
4.62
4.86
5.21
4.45
2006/07
5.25
5.27
5.00
5.16
5.62
5.61
5.49
5.29
5.39
5.40
5.52
5.54
5.38
2007/08
6.22
6.28
6.84
8.52
8.89
8.62
9.80
9.97
12.28
12.29
10.29
9.33
9.11
2008/09
9.19
8.68
--
--
--
--
--
--
--
--
--
--
8.93
              
No. 1 hard red winter (13% protein), Kansas City, MO
2005/06
4.00
3.89
4.04
4.30
4.68
4.55
4.60
4.50
4.83
4.81
5.04
5.38
4.55
2006/07
5.43
5.38
5.15
5.19
5.55
5.63
5.55
5.29
5.44
5.52
5.61
5.57
5.44
2007/08
6.32
6.56
7.04
8.79
9.22
9.08
10.39
10.94
15.12
14.10
11.36
10.40
9.94
2008/09
10.82
8.97
--
--
--
--
--
--
--
--
--
--
9.90
              
No. 1 dark northern spring (13% protein), Minneapolis, MN
2005/06
4.32
4.11
4.48
4.46
4.83
4.83
4.64
4.65
4.61
4.65
4.79
5.19
4.63
2006/07
5.43
5.52
4.85
4.85
5.35
5.57
5.43
5.26
5.34
5.53
5.67
5.65
5.37
2007/08
6.19
5.55
6.79
--
9.24
9.43
10.86
12.34
18.55
14.68
13.11
11.52
10.75
2008/09
11.35
11.35
--
--
--
--
--
--
--
--
--
--
11.35
              
No. 1 dark northern spring (14% protein), Minneapolis, MN
2005/06
5.03
4.71
4.83
4.80
5.11
5.11
5.28
4.87
4.90
4.83
4.94
5.31
4.98
2006/07
5.59
5.65
4.94
4.86
5.36
5.55
5.44
5.27
5.40
5.55
5.65
5.64
5.41
2007/08
6.19
6.60
6.88
8.20
9.27
9.39
11.06
12.59
19.00
15.60
12.93
12.06
10.81
2008/09
11.46
11.46
--
--
--
--
--
--
--
--
--
--
11.46
              
No. 2 soft red winter, Chicago, IL
2005/06
3.09
3.22
3.04
2.93
2.99
2.83
2.98
3.11
3.34
3.29
3.21
3.54
3.13
2006/07
3.26
3.43
3.20
3.39
4.40
4.35
4.49
4.19
4.20
4.07
4.25
4.50
3.98
2007/08
5.25
5.52
6.24
7.98
7.89
7.57
8.69
8.55
10.12
10.40
7.72
6.59
7.71
2008/09
7.20
6.87
--
--
--
--
--
--
--
--
--
--
7.04
              
No. 2 soft red winter, St. Louis, MO
2005/06
3.46
3.30
3.10
2.64
2.78
3.14
3.15
3.15
3.37
3.45
3.45
3.45
3.20
2006/07
3.40
3.40
3.32
3.75
3.75
4.68
4.78
4.36
4.34
4.15
4.15
5.19
4.11
2007/08
5.19
5.61
6.14
7.99
--
7.70
8.58
8.50
9.72
9.11
7.21
5.97
7.43
2008/09
6.20
5.92
--
--
--
--
--
--
--
--
--
--
6.06
              
No. 2 soft red winter, Toledo, OH
2005/06
3.16
3.21
3.04
2.99
3.09
2.90
3.00
3.14
3.39
3.27
3.13
3.42
3.14
2006/07
3.10
3.11
2.85
3.15
4.25
4.39
4.46
4.19
4.18
4.07
4.14
4.31
3.85
2007/08
5.14
5.79
6.73
8.47
8.38
7.78
9.00
9.07
10.48
10.58
8.32
7.02
8.06
2008/09
7.39
6.59
--
--
--
--
--
--
--
--
--
--
6.99
              
No. 1 soft white, Portland, OR
2005/06
3.76
3.59
3.54
3.46
3.61
3.46
3.44
3.46
3.54
3.59
3.62
3.79
3.57
2006/07
3.80
3.86
3.97
4.27
4.97
4.96
4.94
4.96
5.29
5.67
5.97
5.78
4.87
2007/08
6.06
6.36
6.91
8.88
9.94
10.05
12.39
14.33
12.46
12.00
10.26
--
9.97
2008/09
7.97
7.93
--
--
--
--
--
--
--
--
--
--
7.95
              
No. 1 hard amber durum, Minneapolis, MN
2007/08
7.40
8.50
--
11.25
15.00
--
--
--
23.25
--
--
--
13.08
              
1/ June-May.
2/ Simple average of monthly prices for the marketing year.
Source: USDA, Agricultural Marketing Service, Grain and Feed Market News.
Date run: 8/21/2008