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Ripon, WI | I Don't remember exact numbers, but I do remember corn was under $1.80 and soybeans were under $5.00 in September 2005. The following is a paragraph from the Corn & Soybean Digest about prices in June 2005.
The Chicago Board of Trade (CBOT) current corn price opened at $2.24/bu. on June 26, which compares to $2.57/bu. on June 5. Similarly, soybeans on the CBOT opened at $5.72/bu. on June 26, which compares to $6.09/bu. on June 5. The local cash price of corn in Southern Minnesota has also dropped nearly $.30/bu., from near $2/bu. in early June to about $1.70/bu. by June 26. Similarly, the local cash price of soybeans was near $5.50/bu. in early June, and has dropped below $5.25/bu. by June 26.
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