Fwd: Current proso prices

Gary shared this last week and gave me permission to pass it on. Apologies for the slow execution. Note his suggestion based on prices that something big is happening in the proso millet market, and that prices for forage millets (esp. foxtail millet) will be high. DO, EL, MI, US NAMA ---------- Forwarded message --------- From: Gary Wietgrefe Date: Sat, May 10, 2025 at 8:58 AM Subject: Current proso prices Today's price of proso millet at South Dakota's largest grain terminal is 10 cents/lb compared to spring wheat at 9.1 cents/lb, winter wheat 7.0 cents/lb, cash corn 6.7 cents/lb, new crop corn 6.6 cents/lb and cash proso millet at 10 cents/lb. Given depressed grain prices in general suppressed by export demand makes proso grain production look quite promising (>50% higher than new crop corn). Spring wheat is all planted. Winter wheat is currently being questioned due to some winter kill and poor stands due to drought which could suppress corn plantings in opening the window for sunflower and proso. Important to note is that sunflower seed and proso millet are 95+% used domestically. See table below for Oahe Grain, Onida, SD this mornings prices. (Note: Birdseed in table below is black oilseed sunflowers.) [image: image.png] Current South Dakota prices compared to USDA's tracking of Colorado and Nebraska makes one question proso availability on farm. South Dakota prices runnig 25-30% higher than Nebraska and Colorado indicates that something big is happening in the proso millet market. I also suspect that seed prices for forage millets (foxtail especially) will be quite high this spring....Gary [image: image.png] -- Author, Gary W. Wietgrefe, https://www.RelatingtoAncients.com/ *Destination North Pole--5,000 km by bicycle* is an exciting, endearing, humorous, dangerous and sometimes quirky travel adventure. Hardcover, paperback and e-books are available on Amazon or other on-line retailers. My other books tie education, school system, parenting, technology, and business with 21st century culture and learning.
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Don Osborn