Prices received by Minnesota farmers for soybeans for July averaged $13.20 per bushel, an increase of 80 cents from the June price according to the Minnesota Field Office of the U.S. Department of Agriculture. Corn was up 33 cents to a July price of $5.40 per bushel.

The all hog price for July was $56.00 per cwt., a decrease of $0.30 from the June price. The all beef cattle price for July was $89.50 per cwt., an increase of $4.10 from the June price.

The all milk price for July, at $19.50 per cwt., was down $1.20 from June.

The preliminary U.S. All Farm Products Index of Prices Received by Farmers in July, at 161 percent, based on 1990-92=100, increased 3 points (1.9 percent) from June. The Crop Index is up 3 points (1.6 percent) and the Livestock Index increased 1 point (0.7 percent).