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/
2008/09
280
263
280
273
244
231
219
228
213
210
211
215
249
2009/10
210
190
178
165
164
176
179
180
174
173
162
159
179
2010/11
153
165
200
213
216
224
237
246
273
277
294
300
209
2011/12
272
261
279
277
267
268
265
259
261
265
261
245
266
2012/13
246
291
295
304
308
311
305
298
--
--
--
--
283-298
              
No. 1 hard red winter (ordinary protein), Kansas City, MO
2009/10
244
205
189
168
186
205
197
193
187
183
179
176
193
2010/11
165
193
248
258
259
262
295
314
339
310
341
345
277
2011/12
316
295
317
305
286
284
274
283
279
276
261
266
287
2012/13
280
335
346
351
353
358
344
334
--
--
--
--
338
              
No. 1 hard red winter (ordinary protein), Texas Gulf, TX 4/ 5/
2009/10
255
225
210
191
199
211
206
201
194
191
193
182
205
2010/11
158
196
246
272
274
274
309
327
347
317
336
355
284
2011/12
326
304
327
314
290
281
268
275
278
284
266
263
290
2012/13
276
346
349
353
358
361
348
--
--
--
--
--
342
              
No. 2 soft red winter, Gulf ports, LA 4/ 5/
2009/10
202
176
162
158
175
205
206
199
192
190
188
190
187
2010/11
183
222
262
276
268
279
309
320
339
303
315
309
282
2011/12
282
266
278
267
253
253
245
254
263
260
254
251
261
2012/13
249
323
334
343
340
347
325
--
--
--
--
--
323
              
No. 2 wheat, Argentina 5/ 8/
2009/10
233
240
235
219
217
--
230
232
225
215
220
227
227
2010/11
227
229
269
292
297
298
299
319
349
347
350
351
302
2011/12
345
314
295
297
261
239
224
249
261
260
253
252
271
2012/13
264
307
337
332
330
330
353
--
--
--
--
--
322
              
No. 1 Canadian western red spring, Canada 5/ 7/9/
2009/10
326
288
263
261
275
292
290
286
283
271
268
257
280
2010/11
265
296
330
372
371
379
419
446
476
436
460
480
394
2011/12
493
446
439
415
418
410
397
379
381
377
--
--
416
              
Australian soft white, Australia 5/ 7/
2009/10
265
244
222
207
203
210
209
203
192
186
183
183
209
2010/11
180
203
268
290
287
288
316
298
302
283
285
275
273
2011/12
271
247
254
250
233
231
227
243
257
249
261
263
249
2012/13
279
337
348
344
347
342
336
--
--
--
--
--
333
              
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: 2/21/2013