Wow $59 per yard is pretty hefty. I don't think I have ever seen a fabric used for quilting that was that expensive. Even Dupioni silk is much less but still eye popping at around $21 per yard.
The most I have paid for fabric was a splurge on some hand dyed marbled fabric. I was at a show and bought fat quarters. It worked out to be around $25 per yard. I have also spent close to that for some of the Oakshott cottons out of the UK. They are also very expensive at around $24 per yard. The hand dyes are still in my stash waiting for the right inspiration. The oakshott is for a specific project I am working on.