How much is a bushel of corn in Ontario?

What is the price of corn in Ontario?

2019-2020

Month Total Tonnes Reported Average Weighted Price
March 446,233.60 $217.37
April 381,631.97 $211.72
May 302,252.61 $211.95
June 458,961.62 $207.72

How much is a bushel of corn Ontario?

Corn prices as of November 2020 have advanced approximately a dollar or more since June 2020. Corn at $5 plus in Ontario is a number that often triggers farmer sales. As of early November, the price of corn is approximately $5.50 per bushel, the highest of 2020 at a time when usually it should be at its lowest.

How much does a bushel of corn cost 2020?

Last year, for example, the first estimate of the 2020 MYA corn price was $3.20 per bushel. The latest projection from the May 2021 report is $4.35 per bushel for the 2020 MYA corn price, $1.15 per bushel higher than the initial estimate.

What will corn prices do in 2021?

Chicago corn futures last week were trading from about $5.20 to $5.75 per bushel, up 60% to 70% from a year earlier, with the December 2021 contract near $5.65 per bushel.

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What is the price of a ton of corn?

In 2020, the average price for maize stood at 165 nominal U.S. dollars per metric ton.

How much is an acre of corn worth in Ontario?

The price of corn can vary somewhat regionally depending on the local basis, but yields can dramatically vary by location due to soil quality and heat units. According to annual field crop yield data collected by OMAFRA, between 2015 and 2020, the average yield for Ontario grain corn was 165bu/acre.

How much is a ton of grain worth?

In 2020, the average price for U.S. wheat (HRW) stood at 211 nominal U.S. dollars per metric ton.

How much does a farmer get for a bushel of corn?

Average cost per bushel has been between $1.25 and $1.95 in the cash corn division and $1.13 and $1.81 in the livestock corn division. Corn seed costs have increased 74% since the inception of the contest in 1987.

What is the highest corn price ever?

Historically, Corn reached an all time high of 843.75 in August of 2012.