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Wheat Data: Yearbook Tables
Wheat and flour price relationships, Kansas City
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View all years for this table. Latest data may be preliminary or projected.
Missing values indicate unreported values, discontinued series, or not yet released data.

WheatYearbookTable32
Table 32--Wheat and flour price relationships, Kansas City (dollars per cwt)
Mkt year and qtr 1/
Cost of wheat to produce flour 2/
Wholesale price of bakery flour 3/
Wholesale price of byproducts 4/
Total wholesale price
Total wholesale price less cost of wheat
2007/08
Q1 Jun-Aug
15.14
16.32
.88
17.20
2.06
Q2 Sep-Nov
20.59
20.27
1.94
22.20
1.62
Q3 Dec-Feb
27.70
27.12
2.74
29.86
2.16
Q4 Mar-May
27.25
27.60
2.45
30.05
2.79
MY Jun-May
22.67
22.82
2.00
24.83
2.16
2008/09
Q1 Jun-Aug
21.90
22.32
2.57
24.88
2.99
Q2 Sep-Nov
15.96
16.48
2.35
18.83
2.87
Q3 Dec-Feb
15.15
15.37
2.31
17.68
2.53
Q4 Mar-May
15.56
16.22
1.47
17.69
2.13
MY Jun-May
17.14
17.60
2.18
19.77
2.63
2009/10
Q1 Jun-Aug
14.48
15.00
1.40
16.40
1.92
Q2 Sep-Nov
12.61
13.95
1.66
15.61
3.00
Q3 Dec-Feb
13.17
13.58
1.87
15.46
2.29
Q4 Mar-May
12.91
13.97
1.12
15.08
2.17
MY Jun-May
13.29
14.13
1.51
15.64
2.34
2010/11
Q1 Jun-Aug
14.27
15.30
1.18
16.48
2.21
Q2 Sep-Nov
17.52
17.12
2.46
19.58
2.06
Q3 Dec-Feb
21.58
20.80
2.86
23.66
2.08
Q4 Mar-May
22.49
21.88
2.91
24.79
2.30
MY Jun-May
18.97
18.78
2.35
21.13
2.16
2011/12
Q1 Jun-Aug
20.61
20.40
3.27
23.67
3.06
Q2 Sep-Nov
19.52
18.32
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1/ June-May. Latest data may be preliminary.
2/ No. 1 hard red winter, 13-percent protein. Cost of 2.28 bushels based on a 73-percent extraction rate. cwt = hundredweight.
3/ Quoted as mid-month bakers' standard patent, bulk basis.
4/ Assumes 50-50 millfeed distribution between bran and shorts or middlings, bulk basis.
Source: USDA, Agricultural Marketing Service, Monthly Feedstuffs Prices; Milling and Baking News, Market Fax; and ERS estimates.
Date run: 1/24/2012
For more information, contact: Gary Vocke

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Updated date: January 24, 2012