Table 20--U.S. and foreign wheat prices (dollars per metric ton)
Price and mkt year 1/
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Avg 2/
All wheat, U.S. season average price 3/
2011/12
272
261
279
277
267
268
265
259
261
265
261
245
266
2012/13
246
290
295
304
308
311
305
298
293
286
283
282
285
2013/14
271
255
253
250
255
252
247
244
239
248
251
260
252
2014/15
238
226
219
210
210
222
226
226
216
209
204
196
220
2015/16
--
--
--
--
--
--
--
--
--
--
--
--
175-211
              
No. 1 hard red winter (ordinary protein), Kansas City, MO
2012/13
280
335
346
351
353
358
344
334
320
307
305
313
329
2013/14
306
299
298
294
320
310
295
278
295
326
324
331
306
2014/15
302
280
269
261
270
265
277
248
237
237
229
227
258
              
No. 1 hard red winter (ordinary protein), Texas Gulf, TX 4/ 5/
2012/13
276
346
349
353
358
361
348
335
319
310
308
319
332
2013/14
313
305
306
308
325
307
292
275
292
324
325
335
309
2014/15
306
281
263
244
245
258
270
249
237
231
224
--
255
              
No. 2 soft red winter, Gulf ports, LA 4/ 5/
2012/13
249
323
334
343
340
347
325
309
298
286
278
278
309
2013/14
268
258
252
260
288
274
267
247
259
287
277
275
268
2014/15
236
218
220
203
220
236
262
232
220
219
--
--
227
              
No. 2 wheat, Argentina 5/ 8/
2012/13
264
307
337
332
330
330
353
360
356
346
332
314
330
2013/14
310
310
310
303
300
322
346
330
330
338
356
371
327
2014/15
370
335
305
283
270
257
252
250
239
229
--
--
279
              
No. 1 Canadian western red spring, Canada 5/ 7/9/
2012/13
--
--
--
--
--
--
--
--
--
356
357
365
359
2013/14
354
346
333
321
324
306
--
--
--
--
--
--
331
2014/15
317
299
296
292
295
312
--
303
271
265
--
--
294
              
Australian soft white, Australia 5/ 7/
2012/13
279
337
348
344
347
342
336
325
311
300
305
312
324
2013/14
300
295
293
292
283
277
264
251
259
282
286
291
281
2014/15
275
261
259
258
262
262
--
257
238
244
--
--
257
              
1/ June-May.
2/ Simple average of monthly prices for the marketing year, except for U.S. season average price.
3/ Weighted average is the U.S. season-average price based on monthly prices weighted by monthly marketings. Prices do not include an allowance for loans outstanding and government purchases Latest data are from World Agricultural Supply and Demand Estimates.
4/ Barge delivered to Louisiana gulf.
5/ Free on board (f.o.b.).
6/ Cost, freight, and insurance (c.i.f.).
7/ Source is International Grains Council, Grain Market Report.
8/ Port, f.o.b. Source is Republica Argentina, Secretaria de Agricultura, Ganaderia, Pesca y Alimentos (SAGPyA).
9/ St. Lawrence, f.o.b.
Source: USDA, World Agricultural Outlook Board, World Agricultural Supply and Demand Estimates; USDA, National Agricultural Statistics Service, Agricultural Prices; USDA, Agricultural Marketing Service, Grain and Feed Market News; International Grains Council, Grain Market Report; and Government of Argentina.
Date run: 7/10/2015