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/
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
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
224
--
--
--
--
--
--
--
--
--
--
213-250
              
No. 1 hard red winter (ordinary protein), Kansas City, MO
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
320
307
305
313
329
2013/14
306
299
298
294
320
310
295
278
295
326
324
331
306
2014/15
302
280
--
--
--
--
--
--
--
--
--
--
291
              
No. 1 hard red winter (ordinary protein), Texas Gulf, TX 4/ 5/
2011/12
326
304
327
314
290
281
268
275
278
284
266
263
290
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
--
--
--
--
--
--
--
--
--
--
--
306
              
No. 2 soft red winter, Gulf ports, LA 4/ 5/
2011/12
282
266
278
267
253
253
245
254
263
260
254
251
261
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
--
--
--
--
--
--
--
--
--
--
--
236
              
No. 2 wheat, Argentina 5/ 8/
2011/12
345
314
295
297
261
239
224
249
261
260
253
252
271
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
--
--
--
--
--
--
--
--
--
--
--
370
              
No. 1 Canadian western red spring, Canada 5/ 7/9/
2011/12
493
446
439
415
418
410
397
379
381
377
--
--
416
2012/13
--
--
--
--
--
--
--
--
--
356
357
365
359
2013/14
354
346
333
321
324
306
--
--
--
--
--
--
331
              
Australian soft white, Australia 5/ 7/
2011/12
271
247
254
250
233
231
227
243
257
249
261
263
249
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
              
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: 8/21/2014