According to the National Agricultural Statistics Service, the May price for 100 pounds of potatoes in Minnesota was $10.50. That’s just the second time in 20 months the price has passed $10, and it’s more than $4 higher than it was in December.
The average price during 2012 was $6.98. Through May, this year’s average has been $9.44. (Prices for June generally don’t become available until late July.)
Last month, alfalfa dropped slightly to $240 a baled ton. That’s its lowest price since January, but crops have still averaged an increase of about 50 percent in price during 2013.
Oats have pushed close to $4 per bushel, an increase of more than 9 percent from last year. And the price for 100 pounds of milk has hovered just above $20 for much of this year, an increase of less than 3 percent from 2012.
Source: sctimes.com, 7-14-13