NDSU Extension is forecasting the price for soybeans at $10.25 per bushel for this marketing year. That’s up from a historical average of $8.45. Corn prices are projected at $3.80, up from $3.14 for the five-year average. The short-term projected price for spring wheat is $5.65 per bushel, which compares to $4.89 for the average. For cattle, 800-to-900 pound steers are forecast to be at $143 per hundredweight. That’s up $4.70 from the historical average. NDSU Extension expects cull cows to average $120 per hundredweight this year. That’s down from the $124.88 average over the past five years.
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