53
Agricultural Prices ISSN: 1937-4216 Released January 31, 2020, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). December Prices Received Index Up 0.8 Percent The December Prices Received Index 2011 Base (Agricultural Production), at 89.5, increased 0.8 percent from November but decreased 0.8 percent from December 2018. At 83.3, the Crop Production Index was up 0.8 percent from last month but down 5.0 percent from the previous year. The Livestock Production Index, at 97.0, was unchanged from November, but increased 5.0 percent from December last year. Producers received higher prices during December for broilers, cattle, tomatoes, and strawberries but lower prices for market eggs, lettuce, oranges, and milk. In addition to prices, the indexes are influenced by the volume change of commodities that producers market. In December, there was increased monthly movement for oranges, milk, broilers, and cotton and decreased marketing of corn, grapes, soybeans, and calves. December Prices Paid Index Up 0.1 Percent The December Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 110.5, is up 0.1 percent from November 2019 and 0.4 percent from December 2018. Higher prices for self-propelled machinery, feeder pigs, complete feeds, and concentrates more than offset lower prices in December for nitrogen, feeder cattle, LP gas, and other services. Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base United States: December 2019 with Comparisons Index Group December 2018 November 2019 December 2019 (percent) (percent) (percent) Prices received by farmers ......................................................................... Prices paid by farmers ................................................................................ Ratio of prices received to prices paid ........................................................ 90.2 110.1 82 88.8 110.4 81 89.5 110.5 80

Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

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Page 1: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices

ISSN: 1937-4216

Released January 31, 2020, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department

of Agriculture (USDA).

December Prices Received Index Up 0.8 Percent

The December Prices Received Index 2011 Base (Agricultural Production), at 89.5, increased 0.8 percent from November

but decreased 0.8 percent from December 2018. At 83.3, the Crop Production Index was up 0.8 percent from last month

but down 5.0 percent from the previous year. The Livestock Production Index, at 97.0, was unchanged from November,

but increased 5.0 percent from December last year. Producers received higher prices during December for broilers, cattle,

tomatoes, and strawberries but lower prices for market eggs, lettuce, oranges, and milk. In addition to prices, the indexes

are influenced by the volume change of commodities that producers market. In December, there was increased monthly

movement for oranges, milk, broilers, and cotton and decreased marketing of corn, grapes, soybeans, and calves.

December Prices Paid Index Up 0.1 Percent

The December Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at

110.5, is up 0.1 percent from November 2019 and 0.4 percent from December 2018. Higher prices for self-propelled

machinery, feeder pigs, complete feeds, and concentrates more than offset lower prices in December for nitrogen, feeder

cattle, LP gas, and other services.

Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base – United States: December 2019 with Comparisons

Index Group December

2018 November

2019 December

2019

(percent) (percent) (percent)

Prices received by farmers ......................................................................... Prices paid by farmers ................................................................................ Ratio of prices received to prices paid ........................................................

90.2

110.1

82

88.8

110.4

81

89.5

110.5

80

Page 2: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

2 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Contents Prices Received by Farmers .................................................................................................................................................... 4 Prices Received Indexes, 2011 Base – United States: December 2019 with Comparisons .................................................... 5 Prices Received Indexes, 1910-1914 Base – United States: December 2019 with Comparisons ........................................... 5 Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2018 and 2019 .................................. 5 Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2018 and 2019 .......................................... 6 Prices Received for Field Crops and Fruits – United States: December 2019 with Comparisons .......................................... 7 Prices Received for Vegetables and Livestock – United States: December 2019 with Comparisons .................................... 8 Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2019 with Comparisons ............................ 9 Prices Received for Beef Cattle and All Hogs by Month – United States: 2019 with Comparisons ...................................... 9 Prices Received for All Wheat – States and United States: December 2019 with Comparisons .......................................... 10 Prices Received for Winter Wheat – States and United States: December 2019 with Comparisons .................................... 10 Prices Received for Durum Wheat – States and United States: December 2019 with Comparisons .................................... 11 Prices Received for Spring Wheat – States and United States: December 2019 with Comparisons .................................... 11 Prices Received for Oats – States and United States: December 2019 with Comparisons ................................................... 11 Prices Received for All Barley – States and United States: December 2019 with Comparisons .......................................... 12 Prices Received for Malting Barley – States and United States: December 2019 with Comparisons .................................. 12 Prices Received for Feed Barley – States and United States: December 2019 with Comparisons ....................................... 12 Prices Received for Corn – States and United States: December 2019 with Comparisons .................................................. 13 Prices Received for Sorghum Grain – States and United States: December 2019 with Comparisons .................................. 14 Prices Received for Soybeans – States and United States: December 2019 with Comparisons ........................................... 14 Prices Received for Dry Beans – States and United States: December 2019 with Comparisons ......................................... 14 Prices Received for Peanuts (in shell) – States and United States: December 2019 with Comparisons ............................... 15 Prices Received for Sunflower – States and United States: December 2019 with Comparisons .......................................... 15 Prices Received for Canola – States and United States: December 2019 with Comparisons ............................................... 15 Prices Received for Flaxseed – States and United States: December 2019 with Comparisons ............................................ 15 Prices Received for Upland Cotton and Cottonseed – States and United States: December 2019 with Comparisons .............................................................................................................................................................. 16 Prices Received and Marketings for Upland Cotton and Rice – United States: December 2019 with Comparisons .............................................................................................................................................................. 16 Prices Received for Hay by Type – States and United States: December 2019 with Comparisons...................................... 17 Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: December 2019 ................................. 17 Prices Received for Citrus Fruits by Utilization – States and United States: December 2018 ............................................. 18 Prices Received for Citrus Fruits by Utilization – States and United States: November 2019 ............................................. 19 Prices Received for Citrus Fruits by Utilization – States and United States: December 2019 ............................................. 20 Prices Received for All Milk – States and United States: December 2019 with Comparisons............................................. 21 Prices Received for Milk Cows – States and United States: October 2020 with Comparisons ............................................ 21 Parity Price Overview ........................................................................................................................................................... 22 Commodity Parity Prices and Price as Percent of Parity Price – United States: December 2019 with Comparisons .............................................................................................................................................................. 23 Commodity Parity Prices – United States: December 2019 with Comparisons.................................................................... 24 Commodity Parity Prices – United States: December 2019 with Comparisons (continued) ................................................ 25 Marketing Year for Specified Commodities ......................................................................................................................... 26 Rice Market Year Average Prices Received by All and Length of Grain – States and United States: Marketing Years 2016 through 2018 ................................................................................................................................................... 27 All Rice Prices Received and Farm Marketings by Month – United States: Marketing Years 2017-2018 through 2019-2020 ............................................................................................................................................................. 28 Long Grain Rice Prices Received and Farm Marketings by Month – United States: Marketing Years 2017-2018 through 2019-2020 ............................................................................................................................................................. 28 Medium and Short Grain Rice Prices Received and Farm Marketings by Month – United States: Marketing Years 2017-2018 through 2019-2020 ................................................................................................................................ 29 Medium and Short Grain Rice Prices Received by Month – California and Other States: Marketing Years 2018-2019 through 2019-2020 .......................................................................................................................................... 29 Prices Received Indexes as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 ............... 30

Page 3: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 3 USDA, National Agricultural Statistics Service

Prices Received Indexes as a Percent of 1910-1914 Base, Monthly and Annual Average – United States: 2015-2019 ......................................................................................................................................................................... 32 Reliability of Prices Received Estimates .............................................................................................................................. 33 Prices Paid by Farmers .......................................................................................................................................................... 34 Prices Paid Indexes and Related Parity Ratios – United States: December 2019 with Comparisons ................................... 35 Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States: December 2019 with Comparisons .................................................................................................................................... 36 Feed Price Ratios – United States: December 2019 with Comparisons ............................................................................... 37 Prices Received Used to Calculate Feed Price Ratios – United States: December 2019 with Comparisons ........................ 37 Prices Paid for Feeder Livestock – United States: December 2019 with Comparisons........................................................ 37 Annual Average Prices Paid for Feeder Livestock – United States: 2014-2019................................................................... 38 Grazing Fee Rates for Cattle – States, Regions, and United States: 2018 and 2019 ............................................................ 38 Prices Paid Indexes as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 ....................... 39 Prices Paid Index Sub-Components as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 .................................................................................................................................................. 42 Prices Paid Indexes as a Percent of 1910-1914 Base, Monthly and Annual Average – United States: 2015-2019 ......................................................................................................................................................................... 46 Feed Ratios Monthly and Annual Average – United States: 2015-2019 .............................................................................. 49 Reliability of Prices Paid Estimates ...................................................................................................................................... 50 Information Contacts ............................................................................................................................................................ 51

Page 4: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

4 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

December Prices Received by Farmers

Crop production: The December index, at 83.3, is 0.8 percent higher than November but 5.0 percent lower than

December 2018. The grain & oilseed index and other crop index increases more than offset the fruit & tree nut index and

vegetable & melon index decreases.

Grain and oilseed: The December index, at 65.6, is up 1.5 percent from November and 1.5 percent from December 2018.

Oilseed, feed grain, and food grain indexes all showed an increase from previous month.

Feed grain: The December index, at 61.7, increased 0.8 percent from last month and 4.2 percent from a year ago. The

corn price, at $3.71 per bushel, is up 3 cents from last month and 17 cents from December 2018.

Food grain: At 71.9, the index for December increased 0.3 percent from the previous month but decreased 6.5 percent

from a year ago. The December price for all wheat, at $4.64 per bushel, is 25 cents higher than November but 64 cents

lower than December 2018. The December price for rice, at $12.50 per cwt, is 40 cents lower than November and 20 cents

lower than December 2018.

Oilseed: At 69.6, the index for December increased 1.3 percent from November and 1.5 percent from December 2018.

The soybean price, at $8.70 per bushel, is up 11 cents from November and 14 cents from December last year.

Fruit and tree nut: The December index, at 120.9, is down 6.4 percent from November and 3.8 percent from a year

earlier. Price decreases during December for oranges, lemons, and grapefruit more than offset price increases for

strawberries.

Vegetable and melon: At 132.5, the index for December decreased 6.1 percent from the previous month and 13.1 percent

from December 2018. Price declines during December for lettuce, cauliflower, broccoli, and celery more than offset price

increases for tomatoes, cucumbers, onions, and carrots.

Other crop: The December index, at 81.8, is up 0.9 percent from the previous month but down 9.6 percent from

December 2018. The all hay price, at $158.00 per ton, is $2.00 lower than November and $8.00 lower than

December 2018. At 61.5 cents per pound, the price for upland cotton is 1.8 cents higher than November but 11.1 cents

lower than December 2018.

Livestock production: The index for December, at 97.0, was unchanged from the previous month but increased

5.0 percent from December a year earlier. Compared with a year ago, prices are higher for milk, hogs, turkeys, and cattle

while prices for broilers, market eggs, and calves are lower than a year earlier.

Meat animal: At 94.3, the December index increased 1.8 percent from the previous month and 1.3 percent from a year

earlier. At $47.30 per cwt, the December hog price is 70 cents lower than November but $3.90 higher than a year earlier.

The December beef cattle price of $118.00 per cwt is $5.00 higher than the previous month and $1.00 higher than

December 2018.

Dairy: The index for December, at 103.0, is down 1.4 percent from the previous month but up 24.7 percent from

December a year ago. The December all milk price of $20.70 per cwt is 30 cents lower than November but $4.10 higher

than December 2018.

Poultry and egg: At 96.8, the December index decreased 2.9 percent from November and 11.0 percent from

December 2018. The December market egg price, at 71.4 cents per dozen, is 40.6 cents lower than November and 26.6

cents lower than December 2018. The December broiler price, at 45.0 cents per pound, is 4.7 cents higher than November

but 6.0 cents lower than a year ago. At 62.4 cents per pound, the December turkey price is 4.7 cents lower than the

previous month but 12.6 cents higher than December 2018.

Food Commodities: The index, at 95.7, decreased 0.8 percent from the previous month but increased 1.2 percent from

December 2018.

Page 5: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service

Prices Received Indexes, 2011 Base – United States: December 2019 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group

2011 Base

December 2018

November 2019

December 2019

(percent) (percent) (percent)

Agricultural production ......................................................................... Crop production ............................................................................... Grain and oilseed ......................................................................... Feed grain ............................................................................... Food grain ............................................................................... Oilseed .................................................................................... Fruit and tree nut ......................................................................... Vegetable and melon ................................................................... Other crop .................................................................................... Livestock production ........................................................................ Meat animal ................................................................................. Cattle ....................................................................................... Hog .......................................................................................... Dairy ............................................................................................ Poultry and egg ............................................................................ Food commodity ..................................................................................

90.2 87.7 64.6 59.2 76.9 68.6

125.7 152.4 90.5

92.4 93.1

102.8 65.3 82.6

108.8

94.6

88.8 82.6 64.6 61.2 71.7 68.7

129.1 141.1 81.1

97.0 92.6 99.7 72.2

104.5 99.7

96.5

89.5 83.3 65.6 61.7 71.9 69.6

120.9 132.5 81.8

97.0 94.3

103.3 71.1

103.0 96.8

95.7

Prices Received Indexes, 1910-1914 Base – United States: December 2019 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group

1910 - 1914 Base

December 2018

November 2019

December 2019

(percent) (percent) (percent)

Agricultural production ......................................................................... Crop production ............................................................................... Livestock production ........................................................................

931 765

1073

916 721

1126

923 726

1126

Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2018 and 2019 [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Month

2011 Base

Agricultural production

Crop production

Livestock production

Food commodities

2018 2019 2018 2019 2018 2019 2018 2019

(percent) (percent) (percent) (percent) (percent) (percent) (percent) (percent)

January ............................. February ............................ March ................................ April ................................... May ................................... June .................................. July .................................... August ............................... September ......................... October ............................. November .......................... December ..........................

86.0 90.9 94.9 92.8 94.7 95.1 91.7 89.7 88.4 85.2 88.5 90.2

85.2 89.3 91.9 92.9 91.9 92.5 89.9 90.6 87.0 84.7 88.8 89.5

78.6 86.8 87.9 88.3 89.0 90.3 86.9 89.7 88.1 80.2 84.2 87.7

77.3 83.6 85.7 84.6 83.9 87.8 86.7 87.4 86.7 81.2 82.6 83.3

94.4 93.9 99.5 95.7 98.3 98.5 95.6 89.7 88.7 91.4 92.7 92.4

97.2 94.7 97.5

100.1 98.8 97.0 93.5 93.7 87.3 90.3 97.0 97.0

92.7 95.2 99.7 96.1 98.1 98.9 95.0 92.1 90.9 88.9 94.2 94.6

92.4 93.8 97.2 97.5 96.0 95.8 92.0 93.6 89.3 88.4 96.5 95.7

Page 6: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

6 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2018 and 2019 [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Month

2011 Base

All items (PPITW)

Production Crop

sector Livestock

sector

2018 2019 2018 2019 2018 2019 2018 2019

(percent) (percent) (percent) (percent) (percent) (percent) (percent) (percent)

January ............................. February ........................... March ................................ April .................................. May ................................... June .................................. July ................................... August .............................. September ........................ October ............................. November ......................... December .........................

108.2 108.9 108.9 108.6 109.1 108.9 109.0 109.2 109.2 109.8 109.8 110.1

110.9 111.0 111.1 111.7 111.1 110.6 110.7 109.9 109.6 110.1 110.4 110.5

105.4 106.3 106.3 106.1 106.6 106.3 106.0 106.2 106.2 106.8 107.0 107.3

107.7 107.8 107.8 108.6 107.8 107.1 107.1 105.9 105.5 106.1 106.5 106.7

109.5 109.7 109.8 109.5 109.8 109.9 110.3 110.4 110.4 110.8 111.3 111.3

112.2 112.4 112.2 112.2 112.1 112.1 112.3 111.5 111.2 111.4 111.5 111.6

106.8 108.0 107.9 107.6 108.2 107.7 107.6 107.8 107.7 108.5 108.2 108.7

109.5 109.6 110.0 111.1 110.0 108.9 109.0 108.1 107.8 108.7 109.1 109.4

Page 7: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 7 USDA, National Agricultural Statistics Service

Prices Received for Field Crops and Fruits – United States: December 2019 with Comparisons

Commodity 2011

Base Price December 2018 November 2019 December 2019

Field crops Barley, all ....................................................... dollars/bushel Feed ............................................................ dollars/bushel Malting ......................................................... dollars/bushel Beans, dry edible ................................................ dollars/cwt Canola ................................................................ dollars/cwt Chickpeas, all ..................................................... dollars/cwt Large ................................................................ dollars/cwt Small ................................................................ dollars/cwt Corn .............................................................. dollars/bushel Cotton, Upland ................................................ dollars/pound Cottonseed .......................................................... dollars/ton Flaxseed ........................................................ dollars/bushel Hay, all, baled ...................................................... dollars/ton Alfalfa ................................................................ dollars/ton Other ................................................................. dollars/ton Lentils ................................................................. dollars/cwt Oats ............................................................... dollars/bushel Peanuts, in-shell ............................................. dollars/pound Peas, dry edible .................................................. dollars/cwt Rice, all ............................................................... dollars/cwt Long ................................................................. dollars/cwt Medium and short ............................................. dollars/cwt Sorghum grain .................................................... dollars/cwt Soybeans ...................................................... dollars/bushel Sunflowers, all .................................................... dollars/cwt Wheat, all ...................................................... dollars/bushel Winter .......................................................... dollars/bushel Durum .......................................................... dollars/bushel Other spring ................................................. dollars/bushel Hard red winter ............................................ dollars/bushel Soft red winter ............................................. dollars/bushel Hard red spring ............................................ dollars/bushel White ........................................................... dollars/bushel Fruits Citrus, equivalent on-tree Grapefruit ......................................................... dollars/box Lemons ............................................................. dollars/box Oranges ............................................................ dollars/box Non-citrus, fresh Apples ......................................................... dollars/pound Grapes .............................................................. dollars/ton Peaches ........................................................... dollars/ton Pears ................................................................ dollars/ton Strawberries ..................................................... dollars/cwt

4.79 4.59 4.83

34.60 23.10 35.70 39.20 23.40 6.02

0.880

131.00 14.20

159.00 176.00 119.00 27.50 3.42

0.252

13.60 13.70 12.30 18.40 10.70 12.50 29.00

7.44 6.93 9.22 8.33 7.07 6.77 8.38 6.58

7.47 12.30 8.16

0.325 628.00 507.00 559.00 104.00

4.64 3.06 4.78

24.70 16.30 21.10 20.30 21.50 3.54

0.726

161.00 9.87

166.00 179.00 146.00 16.30 2.67

0.205

10.50 12.70 10.80 18.10 5.68 8.56

16.90

5.28 5.24 4.83 5.36 5.10 5.21 5.36 5.42

18.68 26.23 10.46

0.401 1,140.00

(S) 614.00

(S)

4.74 2.81 4.84

28.80 14.40 16.50 15.40 17.90 3.68

0.597

163.00 8.68

160.00 173.00 137.00 14.90 2.95

0.192

9.52 12.90 11.60 16.00 5.64 8.59

17.90

4.39 4.36 4.15 4.52 4.03 5.29 4.47 5.42

15.86 29.70 15.18

0.333 1,500.00

(S) 678.00 115.00

4.51 3.32 4.82

32.00 14.40 14.80 17.40 13.10 3.71

0.615

164.00 8.91

158.00 175.00 133.00 14.80 3.19

0.196

10.10 12.50 11.70 15.70 5.64 8.70

17.60

4.64 4.57 4.44 4.79 4.23 5.43 4.76 5.40

12.81 22.43 10.20

0.336 2,090.00

(S) 721.00

(S)

(S) Insufficient number of reports to establish an estimate.

Page 8: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

8 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Received for Vegetables and Livestock – United States: December 2019 with Comparisons [Price data source for potato, livestock, and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service]

Commodity 2011

Base Price December 2018 November 2019 December 2019

Vegetables, fresh 1 Asparagus ........................................................... dollars/cwt Beans, snap ........................................................ dollars/cwt Broccoli ............................................................... dollars/cwt Cantaloupes ........................................................ dollars/cwt Carrots ................................................................ dollars/cwt Cauliflower .......................................................... dollars/cwt Celery ................................................................. dollars/cwt Corn, sweet ......................................................... dollars/cwt Cucumbers ......................................................... dollars/cwt Lettuce ................................................................ dollars/cwt Onions 2 .............................................................. dollars/cwt Potatoes ............................................................. dollars/cwt Tomatoes ............................................................ dollars/cwt Livestock Calves ................................................................. dollars/cwt Cattle, all beef ..................................................... dollars/cwt Cows 3 .............................................................. dollars/cwt Steers and heifers ............................................. dollars/cwt Milk cows 4 ........................................................ dollars/head Hogs, all .............................................................. dollars/cwt Barrows and gilts .............................................. dollars/cwt Sows ................................................................. dollars/cwt Dairy and poultry Milk, all 5 ............................................................. dollars/cwt Fat test ................................................................... percent Broilers, live 6 .................................................. dollars/pound Eggs, all 7 ........................................................ dollars/dozen Market 7 8 ...................................................... dollars/dozen Turkeys, live 9 ................................................. dollars/pound

37.50 69.00 41.60 16.50 30.80 47.00 22.50 30.70 18.70 24.30 11.90 14.30 51.20

142.00 115.00 71.60

117.00 1,420.00

66.50 66.80 57.90

20.10 3.71

0.459 0.969 0.796 0.680

(S) 62.80 85.50 39.00 26.40 74.80 46.60 31.70 36.70 74.80 10.90 9.37

57.20

166.00 117.00 51.80

119.00 (NA)

43.40 43.60 38.00

16.60 4.04

0.510 1.17

0.980 0.498

(S) 99.10 57.50 24.30 29.70 92.20 35.60 34.30 31.10 65.30 10.90 13.90 54.40

158.00 113.00 57.70

115.00 (NA)

48.00 48.20 41.90

21.00 4.06

0.403 1.29 1.12

0.671

(S) 89.30 38.10

(S) 29.90 41.90 27.40 30.50 41.50 49.00 11.20 13.90

112.00

159.00 118.00 59.30

120.00 (NA)

47.30 47.70 33.40

20.70 4.05

0.450 0.931 0.714 0.624

Adjusted for seasonal variation Eggs, all .......................................................... dollars/dozen Seasonal factor ...................................................... percent Milk, all ................................................................ dollars/cwt Seasonal factor ...................................................... percent

0.979

101 20.20

100

0.965

121 16.10

103

0.978

132 19.80

106

0.767

121 20.10

103

(NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Point of first sale. 2 Includes some processing. 3 Beef cows and cull dairy cows sold for slaughter. 4 Animals sold for dairy herd replacement only. Prices available for January, April, July, and October. 5 Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 6 Live weight equivalent price. 7 Mid-month price. 8 Also referred to as table eggs. 9 Live weight equivalent price is used when actual live weight price is not available. Beginning January 2011, price reflects FOB shipping point

basis. Prior year price reflects delivered basis.

Page 9: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 9 USDA, National Agricultural Statistics Service

Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2019 with Comparisons [Blank data cells indicate estimation period has not yet begun]

Month All wheat Corn Soybeans

2017 2018 2019 2017 2018 2019 2017 2018 2019

(dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel)

January ....... February ...... March .......... April ............. May ............. June ............ July .............. August ......... September ... October ....... November .... December ....

4.01 4.16 4.37 4.16 4.05 4.37 4.77 4.84 4.65 4.64 4.72 4.50

4.65 4.92 5.10 5.28 5.39 5.19 5.00 5.31 5.15 5.22 5.23 5.28

5.28 5.33 5.19 4.93 4.78 4.81 4.52 4.35 4.26 4.45 4.39 4.64

3.40 3.44 3.49 3.43 3.45 3.43 3.49 3.27 3.27 3.26 3.15 3.23

3.29 3.38 3.51 3.58 3.68 3.58 3.47 3.36 3.40 3.42 3.41 3.54

3.56 3.60 3.61 3.53 3.63 3.98 4.16 3.93 3.80 3.84 3.68 3.71

9.71 9.86 9.69 9.33 9.29 9.10 9.42 9.24 9.35 9.18 9.22 9.30

9.30 9.50 9.81 9.85 9.84 9.55 9.08 8.59 8.78 8.59 8.36 8.56

8.64 8.52 8.52 8.28 8.02 8.31 8.38 8.22 8.35 8.60 8.59 8.70

Prices Received for Beef Cattle and All Hogs by Month – United States: 2019 with Comparisons [Price data source for livestock commodities is United States Department of Agriculture's Agricultural Marketing Service. Blank data cells indicate estimation period has not yet begun]

Month Beef cattle 1 All hogs 2

2017 2018 2019 2017 2018 2019

(dollars per cwt) (dollars per cwt) (dollars per cwt) (dollars per cwt) (dollars per cwt) (dollars per cwt)

January ............ February ........... March ............... April .................. May .................. June ................. July ................... August .............. September ........ October ............ November ......... December .........

117.00 119.00 125.00 128.00 136.00 132.00 120.00 114.00 105.00 109.00 119.00 118.00

120.00 125.00 125.00 119.00 120.00 112.00 110.00 110.00 108.00 110.00 113.00 117.00

121.00 123.00 126.00 125.00 120.00 114.00 112.00 111.00 103.00 107.00 113.00 118.00

48.10 54.40 53.00 48.40 53.60 62.10 67.30 61.50 48.90 47.30 50.00 48.60

52.50 54.60 50.00 45.30 51.50 59.10 58.60 44.30 43.20 50.30 46.20 43.40

44.60 43.40 46.50 59.40 62.30 59.50 56.60 58.50 47.70 49.10 48.00 47.30

1 Cows and steers & heifers. 2 Barrows & gilts and sows.

Page 10: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

10 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Received for All Wheat – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

Arizona ........................................... Arkansas ......................................... California ........................................ Colorado ......................................... Idaho ............................................... Illinois .............................................. Indiana ............................................ Kansas ............................................ Michigan ......................................... Minnesota ....................................... Missouri .......................................... Montana .......................................... Nebraska ........................................ North Carolina ................................. North Dakota ................................... Ohio ................................................ Oklahoma ....................................... Oregon ............................................ South Dakota .................................. Texas .............................................. Washington ..................................... United States ..................................

(D) (D) (D)

4.74 5.34 5.01 5.37 4.75 5.16 5.61

5.06 5.36 4.44 5.54 5.22 5.10 4.71 5.81 5.19 5.06 5.56

5.28

(D) (D) (D)

3.65 5.04 5.41 5.27 3.83 5.18 4.41

5.32 4.56 3.70 5.42 4.15 5.29 4.05 5.66 4.41 3.84 5.49

4.39

(D) (S) (D)

3.98 5.02 5.63 5.26 4.07 5.24 4.62

5.42 4.75 3.92 5.52 4.50 5.53 4.27 5.83 4.72 4.52 5.51

4.64

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.

Prices Received for Winter Wheat – States and United States: December 2019 with Comparisons State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

Arkansas ......................................... California ........................................ Colorado ......................................... Idaho ............................................... Illinois .............................................. Indiana ............................................ Kansas ............................................ Michigan ......................................... Minnesota 1 ..................................... Missouri .......................................... Montana .......................................... Nebraska ........................................ North Carolina ................................. North Dakota ................................... Ohio ................................................ Oklahoma ....................................... Oregon ............................................ South Dakota .................................. Texas .............................................. Washington ..................................... United States ..................................

(D) (D)

4.74 5.27 5.01 5.37 4.75 5.16 (D)

5.06

5.36 4.44 5.54 3.88 5.10 4.71 5.78 5.02 5.06 5.52

5.24

(D) (D)

3.65 5.04 5.41 5.27 3.83 5.18 (NA) 5.32

4.40 3.70 5.42 3.68 5.29 4.05 5.66 4.20 3.84 5.46

4.36

(S) (D)

3.98 4.96 5.63 5.26 4.07 5.24 (NA) 5.42

4.54 3.92 5.52 3.09 5.53 4.27 5.83 4.51 4.52 5.41

4.57

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Monthly estimates discontinued in September 2019.

Page 11: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 11 USDA, National Agricultural Statistics Service

Prices Received for Durum Wheat – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

Arizona ............................................ California ......................................... Idaho ............................................... Montana .......................................... North Dakota ................................... United States ...................................

(D) (D) (D)

5.31 4.67

4.83

(D) (S) (D)

4.50 3.81

4.15

(D) (S) (S) (D)

4.06

4.44

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.

Prices Received for Spring Wheat – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

Colorado 1 ........................................ Idaho ............................................... Minnesota ........................................ Montana .......................................... North Dakota ................................... Oregon 1 .......................................... South Dakota ................................... Washington ..................................... United States ...................................

(D) 5.46 5.61 5.36 5.27 5.97 5.27 5.78

5.36

(NA) 5.05 4.41 4.75 4.25 (NA) 4.66 5.70

4.52

(NA) 5.15 4.62 5.01 4.58 (NA) 4.84 6.01

4.79

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. 1 Monthly estimates discontinued in September 2019.

Prices Received for Oats – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

Illinois .............................................. Iowa ................................................. Michigan .......................................... Minnesota ........................................ Montana .......................................... Nebraska ......................................... New York ......................................... North Dakota ................................... Oregon ............................................ Pennsylvania ................................... South Dakota ................................... Texas .............................................. Wisconsin ........................................ United States ...................................

(D) 3.42 3.41 2.35 (D) (D) (S)

2.46 (S) (D)

2.65 (D)

3.27

2.67

(S) 3.73 3.68 2.50

(S) (D) (S)

2.50 (S)

4.46 2.92

(S) 3.45

2.95

(S) 3.70

(S) 2.44

(S) (D) (D)

2.60 (S)

4.68 2.72

(S) 2.87

3.19

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.

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12 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Received for All Barley – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

California ........................................ Colorado ......................................... Idaho ............................................... Minnesota ....................................... Montana .......................................... North Dakota ................................... Washington ..................................... Wyoming ......................................... United States ..................................

(D) 4.67 5.16 (D)

4.62 4.26 3.20 (D)

4.64

(D) (D)

4.96 4.47 4.38 4.64 4.65 (D)

4.74

(D) (D)

5.05 (D)

4.26 4.20 4.99 (D)

4.51

(D) Withheld to avoid disclosing data for individual operations.

Prices Received for Malting Barley – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

California ........................................ Colorado ......................................... Idaho ............................................... Minnesota ....................................... Montana .......................................... North Dakota ................................... Washington ..................................... Wyoming ......................................... United States ..................................

(D) 4.67 5.28 (D)

4.63 4.49

(S) (D)

4.78

(D) (D)

5.08 (D)

4.40 4.72 (D) (D)

4.84

(D) 4.81 5.16 (D)

4.44 4.66 (D) (D)

4.82

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.

Prices Received for Feed Barley – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

California ........................................ Colorado ......................................... Idaho ............................................... Minnesota ....................................... Montana .......................................... North Dakota ................................... Washington ..................................... Wyoming ......................................... United States ..................................

(S) (S)

3.30 (D)

3.85 2.93 3.20

(S)

3.06

(S) (S)

2.79 (D)

2.47 2.78 2.79

(S)

2.81

(S) (D)

3.39 (S)

2.89 3.49 2.98 (D)

3.32

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.

Page 13: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 13 USDA, National Agricultural Statistics Service

Prices Received for Corn – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

Colorado ..................................................... Illinois ......................................................... Indiana ....................................................... Iowa ............................................................ Kansas ....................................................... Kentucky ..................................................... Michigan ..................................................... Minnesota ................................................... Missouri ...................................................... Nebraska .................................................... North Carolina ............................................ North Dakota .............................................. Ohio ............................................................ Pennsylvania .............................................. South Dakota .............................................. Tennessee .................................................. Texas ......................................................... Wisconsin ................................................... United States ..............................................

3.51 3.60 3.70 3.52 3.58 3.84 3.46 3.39 3.63 3.49

4.31 3.16 3.63 4.25 3.27 3.86 4.08 3.38

3.54

3.84 3.66 3.92 3.64 3.55 3.96 3.87 3.48 3.77 3.64

4.30 3.40 4.06 4.27 3.57 3.87 4.28 3.52

3.68

3.79 3.73 4.01 3.70 3.57 4.07 3.86 3.51 3.86 3.68

4.63 3.28 4.13 4.31 3.56 4.11 4.26 3.56

3.71

Page 14: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

14 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Received for Sorghum Grain – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per cwt) (dollars per cwt) (dollars per cwt)

Arkansas 1 ...................................... Kansas ............................................ Louisiana 1 ...................................... Missouri 1 ........................................ Nebraska ........................................ Oklahoma ....................................... Texas .............................................. United States ..................................

(D) 5.61 (D)

6.30 5.38 5.99 6.08

5.68

(NA) 5.55 (NA) (NA) 5.58 6.00 6.28

5.64

(NA) 5.52 (NA) (NA) 5.58 5.93 6.47

5.64

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. 1 Monthly estimates discontinued in September 2019.

Prices Received for Soybeans – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

Arkansas ......................................... Illinois .............................................. Indiana ............................................ Iowa ................................................ Kansas ............................................ Kentucky ......................................... Louisiana ........................................ Michigan ......................................... Minnesota ....................................... Mississippi ...................................... Missouri .......................................... Nebraska ........................................ North Carolina ................................. North Dakota ................................... Ohio ................................................ South Dakota .................................. Tennessee ...................................... Wisconsin ....................................... United States ..................................

9.00 8.81 8.94 8.42 7.98 8.76 9.05 8.49 8.54 9.17

8.60 8.18 8.65 8.06 8.76 8.17 8.71 8.51

8.56

9.00 8.96 8.94 8.50 8.24 9.06 8.85 8.68 8.49 8.91

8.76 8.17 8.57 8.00 9.13 8.30 9.05 8.39

8.59

8.90 9.09 9.18 8.69 8.30 9.11 8.89 8.95 8.45 8.93

8.88 8.35 8.79 7.97 9.35 8.43 9.06 8.48

8.70

Prices Received for Dry Beans – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per cwt) (dollars per cwt) (dollars per cwt)

California ........................................ Colorado ......................................... Idaho ............................................... Michigan ......................................... Minnesota ....................................... Nebraska ........................................ North Dakota ................................... United States ..................................

63.00 23.40 22.90 29.30

(D) (D)

22.50

24.70

53.30 34.90 23.90 32.00

(D) (D)

25.00

28.80

(D) 41.20

(D) (D) (D) (D)

31.50

32.00

(D) Withheld to avoid disclosing data for individual operations.

Page 15: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 15 USDA, National Agricultural Statistics Service

Prices Received for Peanuts (in shell) – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per pound) (dollars per pound) (dollars per pound)

Alabama .......................................... Arkansas ......................................... Florida ............................................. Georgia ........................................... Mississippi ....................................... New Mexico ..................................... North Carolina ................................. Oklahoma ........................................ South Carolina ................................. Texas .............................................. Virginia ............................................ United States ...................................

0.196 0.153 0.194 0.204 0.074 0.229 0.216 0.218 0.201 0.237 0.230

0.205

0.155 0.191 0.197 0.181 0.184 0.511 0.224 0.260 0.193 0.305 0.206

0.192

0.153 0.081 0.199 0.192 0.064

(S) 0.239 0.260 0.150 0.254

(S)

0.196

(S) Insufficient number of reports to establish an estimate.

Prices Received for Sunflower – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per cwt) (dollars per cwt) (dollars per cwt)

Kansas ............................................ Minnesota ........................................ North Dakota ................................... South Dakota ................................... United States ...................................

(D) 18.40 18.00 15.80

16.90

17.00 (D)

18.40 17.50

17.90

(D) 18.80 18.30 16.80

17.60

(D) Withheld to avoid disclosing data for individual operations.

Prices Received for Canola – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per cwt) (dollars per cwt) (dollars per cwt)

Minnesota ........................................ Montana .......................................... North Dakota ................................... Oklahoma ........................................ United States ...................................

(D) 13.70 16.40

(S)

16.30

(D) 13.60 14.40

(S)

14.40

(D) 14.10 14.40

(S)

14.40

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.

Prices Received for Flaxseed – States and United States: December 2019 with Comparisons

State December 2018 November 2019 December 2019

(dollars per bushel) (dollars per bushel) (dollars per bushel)

North Dakota ................................... United States ...................................

9.87

9.87

8.68

8.68

8.91

8.91

Page 16: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

16 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Received for Upland Cotton and Cottonseed – States and United States: December 2019 with Comparisons [Cottonseed marketing year August - February]

State

Cotton, Upland Cottonseed

December 2018

November 2019

December 2019

December 2018

November 2019

December 2019

(dollars per pound) (dollars per pound) (dollars per pound) (dollars per ton) (dollars per ton) (dollars per ton)

Alabama ............................ Arizona .............................. Arkansas ............................ California ........................... Georgia .............................. Louisiana ........................... Mississippi ......................... North Carolina .................... Tennessee ......................... Texas ................................. United States .....................

0.743 (D)

0.707 (D)

0.783 0.739 0.747 0.751 0.716 0.723

0.726

0.685 (S)

0.599 (S)

0.631 0.665 0.572 0.565 0.650 0.581

0.597

0.611 (D)

0.613 (S)

0.643 0.706 0.610 0.632 0.627 0.601

0.615

126.00 237.00

(D) (D)

118.00 (D)

165.00 130.00

(D) 167.00

161.00

121.00 223.00 176.00 319.00 115.00 155.00 160.00 141.00 158.00 172.00

163.00

115.00 263.00 180.00 295.00 115.00 180.00 160.00 138.00

(D) 172.00

164.00

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.

Prices Received and Marketings for Upland Cotton and Rice – United States: December 2019 with Comparisons

Item December 2018 November 2019 December 2019

Cotton, Upland Average price ..................................... dollars/pound Marketings 1 .......................................... 1,000 bales Rice, all Average price .......................................... dollars/cwt Marketings 2 ..............................................1,000 cwt Rice, long Average price .......................................... dollars/cwt Marketings 2 ..............................................1,000 cwt Rice, medium and short California Average price .......................................... dollars/cwt Other States 3 Average price .......................................... dollars/cwt United States Average price .......................................... dollars/cwt Marketings 2 ..............................................1,000 cwt

0.726 2,689

12.70 17,045

10.80 12,610

21.10

11.90

18.10 4,435

0.597 2,131

12.90 12,242

11.60 8,603

17.70

11.50

16.00 3,639

0.615 2,251

12.50 17,971

11.70 14,335

17.40

11.70

15.70 3,636

1 Marketings based on a survey of cotton buyers in the major producing States - Alabama, Arizona, Arkansas, California, Georgia, Louisiana, Mississippi, North Carolina, Tennessee, and Texas.

2 Purchases by private firms and rice (rough equivalent) shipped by cooperatives. 3 Other States include Arkansas, Louisiana, Mississippi, Missouri, and Texas.

Page 17: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 17 USDA, National Agricultural Statistics Service

Prices Received for Hay by Type – States and United States: December 2019 with Comparisons

State

All hay Alfalfa hay Other hay

December 2018

November 2019

December 2019

December 2018

November 2019

December 2019

December 2018

November 2019

December 2019

(dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton)

Arizona ........................... California ........................ Colorado ......................... Idaho .............................. Illinois ............................. Iowa ................................ Kansas ........................... Kentucky ......................... Michigan ......................... Minnesota ....................... Missouri .......................... Montana ......................... Nebraska ........................ Nevada ........................... New Mexico .................... New York ........................ North Dakota .................. Ohio ................................ Oklahoma ....................... Oregon ........................... Pennsylvania .................. South Dakota .................. Texas ............................. Utah ................................ Washington .................... Wisconsin ....................... Wyoming ........................ United States ..................

200.00 199.00 235.00 165.00 153.00 139.00 152.00 163.00 166.00 144.00

121.00 142.00 104.00 170.00 242.00 153.00 89.00

154.00 109.00 192.00

210.00 102.00 134.00 179.00 185.00 178.00 168.00

166.00

190.00 191.00 235.00 159.00 165.00 142.00 115.00 141.00 168.00 154.00

118.00 142.00 99.00

174.00 215.00 184.00 86.00

164.00 99.00

198.00

203.00 106.00 139.00 185.00 194.00 217.00 181.00

160.00

190.00 189.00 229.00 154.00 168.00 136.00 124.00 143.00 168.00 152.00

123.00 145.00 108.00 180.00 215.00 177.00 84.00

179.00 92.00

200.00

194.00 106.00 137.00 190.00 188.00 229.00 171.00

158.00

200.00 210.00 235.00 165.00 170.00 145.00 172.00 220.00 175.00 155.00

160.00 145.00 115.00 170.00 255.00 185.00 91.00

185.00 190.00 200.00

231.00 107.00 210.00 180.00 185.00 186.00 175.00

179.00

190.00 205.00 235.00 160.00 180.00 152.00 127.00 205.00 185.00 178.00

150.00 140.00 106.00 175.00 220.00 209.00 88.00

205.00 155.00 195.00

235.00 115.00 202.00 185.00 200.00 226.00 185.00

173.00

190.00 200.00 230.00 155.00 185.00 149.00 138.00 205.00 190.00 170.00

155.00 145.00 114.00 180.00 220.00 200.00 87.00

220.00 165.00 200.00

228.00 114.00 202.00 190.00 195.00 242.00 180.00

175.00

200.00 165.00 235.00 170.00 125.00 128.00 95.00

150.00 145.00 112.00

110.00 130.00 78.00

175.00 160.00 152.00 76.00

130.00 104.00 180.00

205.00 90.00

119.00 135.00 185.00 155.00 145.00

146.00

200.00 145.00 230.00 150.00 125.00 99.00 92.00

125.00 140.00 130.00

110.00 150.00 84.00

165.00 190.00 175.00 62.00

135.00 87.00

205.00

195.00 87.00

129.00 145.00 180.00 182.00 160.00

137.00

200.00 150.00 220.00 140.00 130.00 117.00 99.00

125.00 130.00 119.00

115.00 145.00 94.00

170.00 190.00 165.00 66.00

150.00 87.00

200.00

182.00 92.00

128.00 150.00 175.00 182.00 150.00

133.00

Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: December 2019 State December 2018 November 2019 December 2019

(dollars per ton) (dollars per ton) (dollars per ton)

California ......................................... Idaho ............................................... Michigan .......................................... Minnesota ........................................ New York ......................................... Pennsylvania ................................... Texas .............................................. Wisconsin ........................................ 5-State Total 1 2 ...............................

(NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

(NA)

225.00 180.00 205.00 268.00 245.00 300.00 225.00 294.00

209.00

230.00 165.00 200.00 251.00 235.00 280.00 225.00 275.00

200.00

(NA) Not available. 1 5-State total represents a weighted (hay purchases) average price for the five largest milk producing States (based on the pounds of milk

produced during the previous month). 2 For November 2019, includes California, Idaho, New York, Texas, and Wisconsin. For December 2019, includes California, Idaho, New York,

Texas, and Wisconsin.

Page 18: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

18 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Received for Citrus Fruits by Utilization – States and United States: December 2018 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85]

Commodity, State,

and type

FOB packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

Grapefruit California ........................................... Florida, all ......................................... White ............................................. Red ............................................... Texas ................................................ United States .................................... Lemons Arizona ............................................. California ........................................... United States .................................... Oranges California, all ..................................... Navel and miscellaneous .............. Valencia ........................................ Florida, all ......................................... Early and mids .............................. Valencia ........................................ Texas, all .......................................... Early and mids .............................. Valencia ........................................ United States ....................................

(D)

37.10 43.00 36.20 38.40

35.30

(D) 48.40

48.70

32.50 32.50

(S) 30.80 30.80

(S) 31.40 31.40

(S)

32.30

24.20 20.91 22.06 20.69 15.01

21.64

(D) 33.41

32.63

18.67 18.67

(S) 11.80 11.80

(S) 12.81 12.81

(S)

13.58

(D)

26.42 32.35 25.55 26.80

25.67

(D) 38.17

38.43

22.38 22.38

(S) 19.45 19.45

(S) 19.80 19.80

(S)

22.04

(S)

13.90 13.90 13.90

(D)

13.90

(D) (D)

(D)

(D) (D) (S)

11.50 11.50

(S) (D) (D) (S)

10.87

21.74 17.80 19.01 17.57 13.47

18.68

(D) 26.96

26.23

15.81 15.81

(S) 8.60 8.60

(S) 11.05 11.05

(S)

10.46

(D)

23.62 29.55 22.75 25.19

22.99

(D) 31.52

31.78

19.56 19.56

(S) 16.05 16.05

(S) 17.97 17.97

(S)

19.15

(S)

10.41 10.65 10.35

(D)

10.41

(D) (D)

(D)

(D) (D) (S)

8.30 8.30

(S) (D) (D) (S)

7.68

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.

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Agricultural Prices (January 2020) 19 USDA, National Agricultural Statistics Service

Prices Received for Citrus Fruits by Utilization – States and United States: November 2019 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85]

Commodity, State,

and type

FOB packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

Grapefruit California .......................................... Florida, all ......................................... White ............................................ Red ............................................... Texas ................................................ United States .................................... Lemons Arizona ............................................. California .......................................... United States .................................... Oranges California, all ..................................... Navel and miscellaneous .............. Valencia ........................................ Florida, all ......................................... Early and mids .............................. Valencia ........................................ Texas, all .......................................... Early and mids .............................. Valencia ........................................ United States ....................................

(D)

34.00 33.50 34.00 34.40

33.50

(D) 51.20

52.30

32.60 32.60

(S) 28.50 28.50

(S) 27.20 27.20

(S)

31.90

23.45 18.20 15.55 18.45 16.13

18.17

(D) 35.65

36.28

19.59 19.59

(S) 12.26 12.26

(S) 12.89 12.89

(S)

18.08

(D)

23.31 22.85 23.35 22.80

23.14

(D) 40.77

41.83

22.28 22.28

(S) 17.15 17.15

(S) 15.60 15.60

(S)

21.35

(S)

6.51 4.15 6.80 (D)

3.96

(D) (D)

(D)

(D) (D) (S) (S) (S) (S) (D) (D) (S)

(D)

20.94 15.19 12.58 15.43 14.57

15.86

(D) 29.06

29.70

16.68 16.68

(S) 8.94 8.94

(S) 11.09 11.09

(S)

15.18

(D)

20.51 20.05 20.55 21.19

20.87

(D) 33.99

35.05

19.40 19.40

(S) 13.75 13.75

(S) 13.77 13.77

(S)

18.47

(S)

2.99 0.90 3.25 (D)

1.51

(D) (D)

(D)

(D) (D) (S) (S) (S) (S) (D) (D) (S)

(D)

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.

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20 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Received for Citrus Fruits by Utilization – States and United States: December 2019 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85]

Commodity, State,

and type

FOB packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

Grapefruit California ........................................... Florida, all ......................................... White ............................................. Red ............................................... Texas ................................................ United States .................................... Lemons Arizona ............................................. California ........................................... United States .................................... Oranges California, all ..................................... Navel and miscellaneous .............. Valencia ........................................ Florida, all ......................................... Early and mids .............................. Valencia ........................................ Texas, all .......................................... Early and mids .............................. Valencia ........................................ United States ....................................

(D)

32.10 31.10 32.20 34.50

32.60

(D) 45.80

45.80

31.00 31.00

(S) 25.70 25.70

(S) 24.90 24.90

(S)

30.10

19.92 15.96 13.80 16.35 12.92

15.17

(D) 29.64

28.91

17.37 17.37

(S) 11.72 11.72

(S) 10.17 10.17

(S)

13.30

(D)

21.44 20.45 21.55 22.90

22.20

(D) 35.37

35.42

20.68 20.68

(S) 14.35 14.35

(S) 13.30 13.30

(S)

19.63

(D)

8.10 9.60 7.65 (D)

4.52

(D) (D)

(D)

(D) (D) (S)

11.60 11.60

(S) (D) (D) (S)

10.77

17.23 12.88 10.72 13.27 11.38

12.81

(D) 23.12

22.43

14.46 14.46

(S) 8.51 8.51

(S) 8.39 8.39

(S)

10.20

(D)

18.64 17.65 18.75 21.29

19.91

(D) 28.59

28.64

17.80 17.80

(S) 10.95 10.95

(S) 11.47 11.47

(S)

16.75

(D)

4.62 6.35 4.10 (D)

2.06

(D) (D)

(D)

(D) (D) (S)

8.40 8.40

(S) (D) (D) (S)

7.59

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.

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Agricultural Prices (January 2020) 21 USDA, National Agricultural Statistics Service

Prices Received for All Milk – States and United States: December 2019 with Comparisons [Before deduction for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies]

State December 2018 November 2019 December 2019

Price Fat test Price Fat test Price Fat test

(dollars per cwt) (percent) (dollars per cwt) (percent) (dollars per cwt) (percent)

Arizona ................................ California ............................. Colorado .............................. Florida ................................. Georgia 1 ............................. Idaho ................................... Illinois .................................. Indiana ................................ Iowa ..................................... Kansas ................................ Michigan .............................. Minnesota ............................ New Mexico ......................... New York ............................. Ohio ..................................... Oregon ................................ Pennsylvania ....................... South Dakota ....................... Texas .................................. Utah ..................................... Vermont ............................... Virginia ................................ Washington ......................... Wisconsin ............................ United States .......................

16.00 16.53 17.10 20.10 17.60 16.00 16.70 16.60 16.50 15.20

15.60 16.20 14.70 17.40 17.20 19.00 17.60 17.00 16.80 16.30

17.80 18.10 17.40 16.20

16.60

3.78 4.04 3.89 3.71 3.77 4.13 4.03 3.96 4.06 4.04

3.95 4.12 3.87 4.01 4.07 4.25 3.98 4.35 4.32 4.07

4.06 3.95 4.25 4.01

4.04

19.40 19.50 20.30 23.10 21.50 21.70 21.60 20.30 22.90 20.10

19.20 23.20 19.90 20.50 20.70 24.60 21.00 24.00 21.80 21.70

20.90 21.20 20.70 22.40

21.00

3.84 3.95 3.99 3.76 3.81 4.12 4.10 4.06 4.20 4.14

3.98 4.24 4.02 4.02 4.04 4.20 4.02 4.43 4.41 4.12

4.04 3.98 4.20 4.04

4.06

19.70 19.80 20.60 23.80 21.90 20.30 21.20 20.40 22.50 19.60

19.40 22.00 19.80 20.50 21.00 23.60 20.90 22.60 21.30 21.30

20.80 21.60 20.50 21.30

20.70

3.91 3.98 3.96 3.74 3.83 4.18 4.07 4.05 4.10 4.12

3.95 4.17 4.00 4.02 4.06 4.19 4.03 4.39 4.36 4.13

4.01 4.00 4.19 3.98

4.05

1 Beginning in June 2019, Georgia was added to the monthly price program.

Prices Received for Milk Cows – States and United States: October 2020 with Comparisons [Animals sold for dairy herd replacement only. Quarterly United States milk cow prices are based on revised milk cow inventory]

State January 2019 October 2019 January 2020

(dollars per head) (dollars per head) (dollars per head)

Arizona ............................................ California ......................................... Colorado .......................................... Florida ............................................. Georgia 1 ......................................... Idaho ............................................... Illinois .............................................. Indiana ............................................ Iowa ................................................. Kansas ............................................ Michigan .......................................... Minnesota ........................................ New Mexico ..................................... New York ......................................... Ohio ................................................. Oregon ............................................ Pennsylvania ................................... South Dakota ................................... Texas .............................................. Utah ................................................. Vermont ........................................... Virginia ............................................ Washington ..................................... Wisconsin ........................................ United States ...................................

1,250 1,100 1,200 1,200 1,150 1,250 1,120 1,050 1,080 1,300

1,180 1,050 1,250 1,040 1,000 1,350 1,050 1,120 1,300 1,100

1,100

970 1,200 1,120

1,140

1,450 1,400 1,300 1,280 1,300 1,350 1,200 1,250 1,280 1,300

1,320 1,160 1,400 1,260 1,120 1,350 1,190 1,250 1,350 1,250

1,300 1,120 1,350 1,270

1,310

1,450 1,400 1,300 1,350 1,310 1,350 1,260 1,220 1,200 1,400

1,260 1,140 1,400 1,190 1,200 1,300 1,210 1,280 1,400 1,250

1,290 1,160 1,250 1,260

1,300

1 Beginning in June 2019, Georgia was added to the quarterly milk cow price program.

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22 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Parity Price Overview

Parity prices, based on data from January 2017, and adjusted base price data from which parity prices are computed are

presented in the tables on the following pages. Parity prices are computed under the provisions of Title III. Subtitle A,

Section 301(a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, 1954, and

1956.

The parity prices shown in this report are based on the provisions of the amended Act. Briefly, the actual method of

computation is as follows:

a. The average of prices received by farmers for individual commodities for the 10 preceding years is calculated (for 2017,

the 10-average includes the years 2007-2016). An allowance for unredeemed loans and other supplemental payments

resulting from price support programs, such as the deficiency payments for grains and cotton, is included for those

commodities for which applicable.

b. This 10-year average is divided by the average of the Index of Prices Received by Farmers for the same 10 preceding

calendar years, adjusted to include an allowance for unredeemed loans and other supplemental price support operations, to

give an "adjusted base price".

c. Parity prices are computed by multiplying the "adjusted base prices" by the current Parity Index (the Index of Prices

Paid by Farmers, including Interest, Taxes, and Wage Rates, 1910-1914=100).

Parity prices are calculated in terms of prices received by farmers in the local markets in which they ordinarily sell. This

means that the parity prices apply to the average of all classes and grades of the commodity as sold by all farmers in the

United States, except as otherwise specified. Fruits and vegetables for fresh use and for processing are usually considered

separate commodities and separate parity prices are calculated. The Agricultural Marketing Agreement Act of 1937

provided for parity prices for certain commodities covered by a marketing agreement or order program. Under present

legislation, United States parity prices, with appropriate adjustments where needed, may be used for the purpose of this

Act.

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Agricultural Prices (January 2020) 23 USDA, National Agricultural Statistics Service

Commodity Parity Prices and Price as Percent of Parity Price – United States: December 2019 with Comparisons [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February Agricultural Prices for details on adjusted base price and parity price computations. Parity data not available for blank cells. Primary source of data for livestock and milk prices is United States Department of Agriculture's Agricultural Marketing Service]

Commodity and unit Adjusted

base price

Parity price Price as percent

of parity

December 2018

November 2019

December 2019

December 2018

November 2019

December 2019

(dollars) (dollars) (dollars) (dollars) (percent) (percent) (percent)

Basic commodities All wheat ....................................... bushel Rice ................................................... cwt Corn ............................................. bushel Cotton Upland ....................................... pound American Pima .......................... pound Peanuts ......................................... pound Small chickpeas 1 ............................... cwt Large chickpeas 1 .............................. cwt Lentils 1 .............................................. cwt Designated non-basic All milk, to plants 2 .............................. cwt Honey, extracted 3 ......................... pound Wool and mohair Wool .............................................. pound Mohair ........................................... pound Other non-basic Apples, fresh 4 ............................... pound Barley ........................................... bushel Canola ............................................... cwt Cottonseed ......................................... ton Dry edible beans ................................ cwt Flaxseed ....................................... bushel Oats .............................................. bushel Potatoes, fresh .................................. cwt Sorghum grain ................................... cwt Soybeans ..................................... bushel Sunflower, all ..................................... cwt Citrus (equivalent on-tree) Grapefruit .......................................... box Lemons .............................................. box Oranges ............................................. box Livestock and poultry Beef cattle ......................................... cwt Broilers .......................................... pound Calves ............................................... cwt Eggs 2 ............................................ dozen Hogs .................................................. cwt Turkeys, live .................................. pound

0.571 1.34

0.438

0.069 0.140 0.023 2.42 3.26 2.55

1.76 0.186

0.140 0.425

0.035 0.502 1.87

19.50 3.19 1.09

0.288 1.07

0.742 1.09 2.10

0.837 1.87

1.010

11.70 0.052 17.00 0.102 5.69

0.066

17.70 40.20 13.30

2.01 4.02

0.680 71.20 97.20 78.30

52.60 5.17

3.90 12.00

1.030 15.00 55.60

597.00 96.60 34.00 8.63

32.80 22.50 32.80 64.40

21.80 55.30 26.90

337.00 1.51

488.00 2.98

167.00 1.950

17.10 40.00 13.10

2.06 4.18

0.687 72.30 97.40 76.20

52.60 5.56

4.18 12.70

1.050 15.00 55.90

582.00 95.30 32.60 8.60

32.00 22.20 32.60 62.70

25.00 55.90 30.20

349.00 1.55

508.00 3.05

170.00 1.970

17.10 40.10 13.10

2.06 4.19

0.688 72.40 97.50 76.30

52.60 5.56

4.19 12.70

1.050 15.00 55.90

583.00 95.40 32.60 8.61

32.00 22.20 32.60 62.80

25.00 55.90 30.20

350.00 1.56

508.00 3.05

170.00 1.970

30 32 27

36 35 30 30 21 21

31 42

38 41

39 31 29 27 26 29 31 29 25 26 26

86 47 39

35 34 34 32 26 26

26 32 28

29 28 28 25 16 20

38 39

42 41

32 32 26 28 30 27 34 43 25 26 29

63 53 50

32 26 31 32 28 34

27 31 28

30 27 28 18 18 19

38 39

42 41

32 30 26 28 34 27 37 43 25 27 28

51 40 34

34 29 31 25 28 32

1 Parity prices began January 2015. 2 Seasonally adjusted price as percentage of parity price. 3 Wholesale extracted. Adjusted base price derived from state annual averages prices weighted by production. For 1982 through 1985 the national

averages are the support prices. 4 Equivalent packinghouse-door returns for California, New York, Oregon, and Washington. Price at point of first sale for other states.

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24 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Commodity Parity Prices – United States: December 2019 with Comparisons [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February Agricultural Prices for details on adjusted base price and parity price computations]

Commodity and unit Adjusted

base price

Parity price

December 2018

November 2019

December 2019

(dollars) (dollars) (dollars) (dollars)

Field crops and miscellaneous Hops ............................................................................ pound Mustard seed ................................................................... cwt Rapeseed ........................................................................ cwt Rye ............................................................................. bushel Safflower .......................................................................... cwt Spearmint oil ................................................................ pound Sweet potatoes ................................................................ cwt Tobacco Flue-cured, 11-14 ..................................................... pound Fire-cured, 21-23 ...................................................... pound Burley, 31 ................................................................. pound Maryland, 32 ............................................................ pound Dark air-cured, 35-37 ............................................... pound Pennsylvania seedleaf, 41 ........................................ pound Non-citrus fruit Apples, processing 1 2 ....................................................... ton Apricots Fresh 3 .......................................................................... ton Dried (California) ........................................................... ton Avocados 2 3 ...................................................................... ton Cherries Sweet ............................................................................ ton Tart 2 ........................................................................ pound Cranberry 2 4 ................................................................. barrel Dates (California) 3 ............................................................ ton Grapes (California) Raisin variety 5 .............................................................. ton Wine, processing ........................................................... ton Kiwifruit 2 ........................................................................... ton Nectarines, fresh (California) 3 ........................................... ton Olives, canning (California) 4 ............................................. ton

0.406 3.15 2.64

0.628 2.19 1.75 2.06

0.187 0.257 0.184 0.173 0.229 0.201

20.30

128.00 313.00 198.00

210.00 0.030 3.55

184.00

147.00 75.90

105.00 78.50

111.00

11.60 97.50 80.10 18.50 66.20 51.10 60.30

5.47 7.51 5.35 5.05 6.74 5.79

597.00

3,580.00 9,250.00 5,910.00

6,350.00

0.946 114.00

4,700.00

4,340.00 2,120.00 3,100.00 2,160.00 3,130.00

12.10 94.10 78.90 18.80 65.40 52.30 61.50

5.59 7.68 5.50 5.17 6.84 6.00

606.00

3,820.00 9,350.00 5,910.00

6,270.00

0.896 106.00

5,500.00

4,390.00 2,270.00 3,140.00 2,340.00 3,320.00

12.10 94.20 79.00 18.80 65.50 52.30 61.60

5.59 7.69 5.50 5.17 6.85 6.01

607.00

3,830.00 9,360.00 5,920.00

6,280.00

0.897 106.00

5,500.00

4,400.00 2,270.00 3,140.00 2,350.00 3,320.00

See footnote(s) at end of table. --continued

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Agricultural Prices (January 2020) 25 USDA, National Agricultural Statistics Service

Commodity Parity Prices – United States: December 2019 with Comparisons (continued) [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February Agricultural Prices for details on adjusted base price and parity price computations]

Commodity and unit Adjusted

base price

Parity price

December 2018

November 2019

December 2019

(dollars) (dollars) (dollars) (dollars)

Non-citrus fruit - continued Papayas (Hawaii) ......................................................... pound Peaches Fresh 4 6 ........................................................................ ton Dried (California) 1 5 ...................................................... ton Processing, excludes dried Clingstone (California) 4 .......................................... ton Pears, Fresh 6 ................................................................... ton Plums (California) equivalent on-tree Fresh 7 .......................................................................... ton Prunes, dried (California) 1 2 5 ........................................... ton Strawberries Fresh 10 .................................................................... pound Processing ............................................................... pound Sugar crops Sugar beets 2 8 .............................................................. ton Sugarcane 2 8 ................................................................ ton Tree nuts 9 Almonds ...................................................................... pound Hazelnuts ......................................................................... ton Pistachios .................................................................... pound Walnuts ............................................................................ ton Vegetables, fresh 10 Carrots 11 ......................................................................... cwt Cauliflower 11 ................................................................... cwt Celery 11 ........................................................................... cwt Honeydew melons ........................................................... cwt Lettuce ............................................................................. cwt Onions 11 .......................................................................... cwt Tomatoes ........................................................................ cwt

0.045

103.00 43.30

39.20

63.90

74.50

178.00

9.82 3.74

5.10 3.50

0.253 237.00 0.244

236.00

2.82 4.66 2.05 2.04 2.52 1.41 4.01

1.24

2,880.00 1,280.00

1,120.00

1,880.00

2,020.00 5,050.00

284.00 107.00

151.00 103.00

7.15 6,970.00

7.03 7,000.00

82.40 136.00 58.50 59.70 71.80 41.70

120.00

1.34

3,080.00 1,290.00

1,170.00

1,910.00

2,230.00 5,320.00

293.00 112.00

152.00 105.00

7.56 7,080.00

7.29 7,050.00

84.20 139.00

61.20 60.90 75.30 42.10

120.00

1.35

3,080.00 1,300.00

1,170.00

1,910.00

2,230.00 5,320.00

294.00 112.00

153.00 105.00

7.57 7,090.00

7.30 7,060.00

84.30 139.00 61.30 61.00 75.40 42.20

120.00

1 Equivalent returns at processing plant door. 2 Adjusted base price is carried forward from the previous year since current marketing year average price is not yet available. 3 Equivalent returns at packinghouse door. 4 Equivalent returns for bulk fruit at first delivery point. 5 Dried basis. 6 Equivalent packinghouse-door returns for California, New York (apples only), Oregon (except peaches), and Washington. Price at point of first sale

for other states. 7 Based on "as sold" prices for fresh fruit in all states. 8 Relates to prices including average conditional payments per ton made under the sugar acts of 1937 and 1948. Crop deficiency and abandonment

payments not included. 9 Prices In-Shell basis except almonds which are shelled basis. 10 FOB shipping point price. 11 Includes some processing.

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26 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Marketing Year for Specified Commodities

Rice:

United States ………………………………………………………………………………………. August 1 to July 31

Louisiana and Texas …………………………………………………………………………………. July 1 to June 30

Arkansas and Mississippi …………………………………………………………………………. August 1 to July 31

California …………………………………………………………………………………...October 1 to September 30

Missouri ……………………………………………………………………………………. September 1 to August 31

Page 27: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 27 USDA, National Agricultural Statistics Service

Rice Market Year Average Prices Received by All and Length of Grain – States and United States: Marketing Years 2016 through 2018

State 2016 2017 2018

(dollars per cwt) (dollars per cwt) (dollars per cwt)

All rice Arkansas ............................................... California ............................................... Louisiana ............................................... Mississippi ............................................. Missouri ................................................. Texas ..................................................... United States 1 .......................................

9.39

14.30 10.20 9.55 9.92

10.40

10.40

11.10 20.30 11.70 11.50 12.00 11.90

12.90

10.70 21.30 11.20 10.80 10.70 12.50

12.60

Long grain United States 1 ....................................... Medium and short grain California ............................................... Other States 1 ........................................ United States 1 .......................................

9.61

14.10 10.10

13.10

11.50

20.10 11.70

17.00

10.80

21.10 12.30

18.50

1 Based on state prices weighted by marketings for August through July.

Page 28: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

28 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

All Rice Prices Received and Farm Marketings by Month – United States: Marketing Years 2017-2018 through 2019-2020 [Marketing year average (MYA) prices are weighted average prices for the United States marketing year of August through July]

Month Prices received Farm marketings 1

2017-2018 2018-2019 2 2019-2020 2 2017-2018 2018-2019 2 2019-2020 2

(dollars per cwt) (dollars per cwt) (dollars per cwt) (1,000 cwt) (1,000 cwt) (1,000 cwt)

August ............... September ......... October .............. November .......... December .......... January 3 ............ February ............ March ................. April ................... May .................... June ................... July .................... MYA ...................

11.30 11.50 12.40 13.50 12.90 13.70 12.70 12.70 13.10 12.80 13.10 13.70

12.90

14.30 12.40 12.40 13.00 12.70 13.50 12.40 11.90 12.00 11.90 12.20 12.90

12.60

12.70 12.20 12.40 12.90 12.50

10,290 10,475 14,046 13,896 15,535 20,835 13,342 13,748 13,167 11,800 9,066 9,465

155,665

4,421 8,173

14,466 13,525 17,045 20,261 12,434 16,003 15,419 14,402 12,634 11,870

160,653

10,188 9,308

15,159 12,242 17,971

1 Purchases from producers as reported by private firms and rice (rough equivalent) shipped from producers as reported by cooperative mills. 2 Prices and marketings include late reports and revised data for October 2018 - November 2019. Final monthly prices, marketings, and MYA price will

be published in the January 2021 Agricultural Prices report. 3 Second year.

Long Grain Rice Prices Received and Farm Marketings by Month – United States: Marketing Years 2017-2018 through 2019-2020 [Marketing year average (MYA) prices are weighted average prices for the United States marketing year of August through July]

Month Prices received Farm marketings 1

2017-2018 2018-2019 2 2019-2020 2 2017-2018 2018-2019 2 2019-2020 2

(dollars per cwt) (dollars per cwt) (dollars per cwt) (1,000 cwt) (1,000 cwt) (1,000 cwt)

August .......... September .... October ......... November ..... December ..... January 3 ....... February ....... March ............ April .............. May ............... June .............. July ............... MYA ..............

10.60 11.00 11.00 11.20 11.40 11.60 11.70 11.70 11.80 11.80 11.90 11.80

11.50

11.90 11.30 10.90 10.90 10.80 10.90 10.80 10.70 10.50 10.50 10.70 10.70

10.80

10.80 11.10 11.40 11.60 11.70

8,505 8,508

10,147 9,372

11,431 13,668 10,077 11,028 10,053 9,695 7,044 6,572

116,100

2,993 6,769

11,545 9,506

12,610 14,015 9,885

13,240 12,218 11,869 10,120 8,829

123,599

7,905 7,842

11,749 8,603

14,335

1 Purchases from producers as reported by private firms and rice (rough equivalent) shipped from producers as reported by cooperative mills. 2 Prices and marketings include late reports and revised data for October 2018 - November 2019. Final monthly prices, marketings, and MYA price will

be published in the January 2021 Agricultural Prices report. 3 Second year.

Page 29: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 29 USDA, National Agricultural Statistics Service

Medium and Short Grain Rice Prices Received and Farm Marketings by Month – United States: Marketing Years 2017-2018 through 2019-2020 [Marketing year average (MYA) prices are weighted average prices for the United States marketing year of August through July]

Month Prices received Farm marketings 1

2017-2018 2018-2019 2 2019-2020 2 2017-2018 2018-2019 2 2019-2020 2

(dollars per cwt) (dollars per cwt) (dollars per cwt) (1,000 cwt) (1,000 cwt) (1,000 cwt)

August .............. September ........ October ............ November ......... December ......... January 3 .......... February ........... March ............... April .................. May .................. June ................. July ................... MYA .................

14.90 13.60 16.20 18.40 17.30 17.70 16.00 16.60 17.40 17.50 17.30 18.10

17.00

19.50 17.80 18.20 18.10 18.10 19.40 18.50 17.60 17.30 18.80 18.30 19.60

18.50

19.40 18.10 15.60 16.00 15.70

1,785 1,967 3,899 4,524 4,104 7,167 3,265 2,720 3,114 2,105 2,022 2,893

39,565

1,428 1,404 2,921 4,019 4,435 6,246 2,549 2,763 3,201 2,533 2,514 3,041

37,054

2,283 1,466 3,410 3,639 3,636

1 Purchases from producers as reported by private firms and rice (rough equivalent) shipped from producers as reported by cooperative mills. 2 Prices and marketings include late reports and revised data for October 2018 - November 2019. Final monthly prices, marketings, and MYA price will

be published in the January 2021 Agricultural Prices report. 3 Second year.

Medium and Short Grain Rice Prices Received by Month – California and Other States: Marketing Years 2018-2019 through 2019-2020 [Marketing year for California: October - September. Marketing Year for Other States: August - July. Other States include Arkansas, Louisiana, Mississippi, Missouri, and Texas]

Month California Other States

2018-2019 1 2019-2020 1 2018-2019 2019-2020 2

(dollars per cwt) (dollars per cwt) (dollars per cwt) (dollars per cwt)

August .............. September ........ October ............ November ......... December ......... January 3 .......... February ........... March ............... April .................. May .................. June ................. July ................... August .............. September ........ MYA .................

20.40 20.00 21.20 21.30 21.10 21.50 21.20 21.00 20.80 21.30 20.80 21.00 20.60 21.20

21.10

20.60 21.20 18.10 17.70 17.40

13.70 12.60 11.90 11.90 11.90 12.30 12.40 12.50 12.40 12.60 12.70 13.30 12.10 12.20

12.30

12.10 12.20 11.40 11.50 11.70

1 Prices include late reports and revised data for October 2018 - November 2019. 2 Prices include late reports and revised data for August 2019 - November 2019. Final monthly prices and MYA price will be published in the October

2020 Agricultural Prices report. 3 Second year.

Page 30: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

30 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Received Indexes as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Agricultural production

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

98.0 89.4 86.0 86.0 85.2

100.1 93.2 91.1 90.9 89.3

102.9 93.2 94.3 94.9 91.9

104.2 93.2 96.2 92.8 92.9

107.9 94.8 99.7 94.7 91.9

105.7 93.7 98.2 95.1 92.5

100.4 90.6 95.5 91.7 89.9

102.8 89.7 94.1 89.7 90.6

98.2 86.4 92.5 88.4 87.0

89.5 80.6 87.8 85.2 84.7

92.5 83.4 91.4 88.5 88.8

90.1 88.1 91.9 90.2 89.5

99.2 90.2 93.5 90.6 89.7

Year Crop production

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

83.7 80.8 77.3 78.6 77.3

86.2 85.7 85.1 86.8 83.6

87.4 83.9 86.0 87.9 85.7

90.3 87.5 91.7 88.3 84.6

91.9 91.1 90.0 89.0 83.9

90.5 88.7 87.1 90.3 87.8

88.1 84.9 86.8 86.9 86.7

89.0 84.9 88.8 89.7 87.4

88.2 84.1 89.9 88.1 86.7

80.5 79.5 82.8 80.2 81.2

83.0 80.7 81.9 84.2 82.6

84.5 81.5 84.6 87.7 83.3

87.0 85.5 86.5 86.3 84.5

Year Grain and oilseed

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

74.4 66.0 65.2 64.8 64.9

72.7 64.7 65.7 66.4 65.5

72.2 64.3 65.8 68.4 65.0

71.2 65.5 64.3 69.6 63.6

69.0 67.9 63.4 69.5 63.3

69.0 67.8 62.5 67.8 67.0

70.7 62.6 64.8 65.7 67.2

68.8 60.8 63.8 65.4 65.6

67.6 61.9 64.4 65.0 64.9

67.4 65.6 65.5 64.8 66.9

64.8 62.5 61.7 62.3 64.6

66.1 63.8 63.1 64.6 65.6

69.8 64.0 65.5 65.4 65.5

Year Food grain

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

90.2 73.8 63.0 74.1 78.0

84.0 70.2 63.4 75.3 77.6

82.4 68.2 65.7 76.8 75.1

80.8 68.0 63.7 79.2 73.4

78.8 68.9 62.4 79.7 71.6

74.7 60.4 61.5 72.9 67.5

71.3 53.3 65.4 69.8 63.2

67.7 54.0 67.5 75.2 62.4

69.0 55.7 68.2 73.6 64.2

72.3 59.5 71.0 75.9 69.6

73.7 62.5 75.6 78.3 71.7

71.7 60.9 70.8 76.9 71.9

75.5 59.3 71.1 74.2 67.5

Year Feed grain

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

64.2 61.4 56.9 55.2 59.4

64.2 60.4 57.9 56.9 60.3

64.3 60.1 58.7 58.9 60.5

63.1 59.7 57.4 59.9 59.0

61.1 61.6 57.7 61.4 60.6

60.7 64.3 57.6 60.2 66.5

64.5 60.8 59.0 58.7 69.7

64.7 56.1 56.8 58.2 66.6

62.9 54.6 55.5 57.6 63.7

61.7 55.1 54.7 57.2 63.9

60.2 54.1 52.8 57.0 61.2

61.5 55.6 54.3 59.2 61.7

62.7 56.8 57.2 61.2 62.8

Year Oilseed

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

82.2 69.7 77.4 74.5 69.4

79.4 68.4 78.5 76.3 68.9

79.0 68.8 77.3 79.0 68.6

77.8 72.3 74.7 79.2 66.9

77.3 77.9 74.3 79.2 65.3

77.2 81.1 72.8 76.8 67.5

80.2 80.8 75.4 73.3 67.8

77.7 78.5 74.3 70.1 67.2

72.4 74.9 75.2 70.6 67.0

70.4 74.3 73.5 68.9 68.9

69.3 75.2 73.6 67.1 68.7

70.0 76.6 74.4 68.6 69.6

76.0 75.4 75.3 67.9 68.7

Year Fruit and tree nut

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

135.0 134.6 120.3 136.5 122.4

134.5 135.7 120.8 140.5 115.2

137.2 127.3 120.1 127.0 118.1

135.1 125.0 115.5 121.9 111.1

145.4 123.6 127.7 112.8 104.8

144.7 127.5 129.3 134.3 114.7

136.1 132.4 132.1 131.8 122.3

132.1 126.5 132.5 127.9 124.9

132.4 126.8 136.9 130.8 129.4

134.6 128.8 133.8 129.6 128.5

142.2 133.0 134.1 129.8 129.1

133.5 124.4 132.7 125.7 120.9

138.6 137.8 130.5 131.8 125.5

See footnote(s) at end of table. --continued

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Agricultural Prices (January 2020) 31 USDA, National Agricultural Statistics Service

Prices Received Indexes as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Vegetables & melons

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

110.5 134.2 101.1 101.4 117.9

83.2 104.2 119.0 96.3

123.3

91.3 97.2

124.8 117.1 144.4

101.3 98.7

158.7 94.9

115.4

98.6 113.1 112.4 104.1 105.7

107.6 108.0 108.7 99.4

127.5

103.9 104.3 103.0 88.3

119.6

106.2 88.8 96.0 93.1

104.8

113.4 89.7

106.0 90.7

101.1

109.6 88.8

119.1 97.5

122.7

131.3 95.5

108.2 142.9 141.1

139.6 95.5

113.2 152.4 132.5

108.8 103.9 113.7 107.2 122.0

Year Other crop

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

80.1 76.7 77.6 83.0 84.4

79.3 75.1 75.4 79.8 84.6

82.7 74.9 76.3 80.8 85.9

84.9 76.6 78.6 82.8 87.6

89.0 77.9 80.6 87.2 91.0

90.0 79.5 82.6 91.6 93.6

88.9 81.3 84.2 92.7 92.5

84.0 82.1 83.2 92.6 86.3

88.4 82.0 86.8 96.3 92.8

82.4 79.7 84.7 91.9 85.8

78.4 78.2 81.8 89.3 81.1

79.7 79.2 83.5 90.5 81.8

84.3 80.1 83.3 90.3 84.5

Year Food commodity

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

109.4 96.6 93.3 92.7 92.4

108.0 98.4 96.3 95.2 93.8

111.1 98.1

100.0 99.7 97.2

111.5 97.2

101.3 96.1 97.5

116.6 99.1

105.8 98.1 96.0

114.2 97.6

104.2 98.9 95.8

107.0 94.4

100.9 95.0 92.0

110.3 93.5 99.0 92.1 93.6

104.4 89.8 97.3 90.9 89.3

95.2 84.2 93.7 88.9 88.4

102.0 89.1

100.7 94.2 96.5

96.8 93.8 99.2 94.6 95.7

107.3 95.3 99.6 94.2 94.5

Year Livestock production

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

120.2 99.6 96.5 94.4 97.2

113.9 99.0 95.9 93.9 94.7

117.2 99.8

100.5 99.5 97.5

116.5 97.2 99.5 95.7

100.1

121.9 97.4

106.7 98.3 98.8

121.0 97.7

107.1 98.5 97.0

115.2 96.0

103.9 95.6 93.5

117.2 93.7 98.5 89.7 93.7

109.4 88.4 94.9 88.7 87.3

104.3 82.1 94.2 91.4 90.3

105.4 86.2

101.8 92.7 97.0

97.2 94.5 99.3 92.4 97.0

113.4 94.4 99.9 94.1 95.5

Year Meat animal

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

131.4 102.8 96.0 99.3 96.1

125.1 106.1 99.2

103.4 97.0

126.7 108.6 103.0 101.8 100.1

127.4 105.7 103.9 96.3

104.5

130.1 106.0 111.4 99.2

101.8

126.9 104.8 110.8 96.1 97.0

122.3 100.2 104.0 94.5 94.7

122.6 97.2 98.8 90.5 94.7

113.9 88.9 90.0 88.7 85.8

108.9 82.4 93.0 93.1 89.5

104.4 83.6 99.7 93.1 92.6

95.9 88.4 97.2 93.1 94.3

119.8 97.9

100.5 95.8 95.8

Year Cattle

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

147.7 115.2 102.2 105.7 106.3

142.3 116.4 103.7 109.8 107.8

144.4 119.3 109.0 109.7 110.3

146.0 115.1 111.7 104.6 109.7

143.2 111.9 118.4 105.0 104.3

138.7 108.8 114.8 98.0 99.4

132.9 103.4 104.7 96.2 97.6

132.5 102.1 100.1 96.5 96.7

125.0 94.3 94.0 95.7 90.4

117.7 88.7 98.5 98.4 94.7

117.1 91.8

106.2 100.4 99.7

108.6 97.3

104.4 102.8 103.3

133.2 105.3 105.5 101.8 101.6

Year Hog

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

86.3 65.6 72.3 78.9 67.1

75.8 74.6 81.8 82.1 65.3

75.6 75.2 79.7 75.2 69.9

73.7 76.7 72.8 68.1 89.3

88.6 86.0 80.6 77.4 93.7

90.1 91.1 93.4 88.9 89.5

88.3 89.3

101.2 88.1 85.1

88.7 79.1 92.5 66.6 88.0

82.0 71.9 73.5 65.0 71.7

83.5 62.7 71.1 75.6 73.8

69.0 58.6 75.2 69.5 72.2

64.4 64.8 73.1 65.3 71.1

80.5 74.6 80.6 75.1 78.1

See footnote(s) at end of table. --continued

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32 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Received Indexes as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Dairy

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

87.1 80.1 94.0 80.6 82.6

84.1 78.1 91.5 76.1 83.6

82.6 76.1 86.1 77.6 87.1

82.6 75.1 82.1 78.6 88.1

83.6 72.1 83.1 80.6 89.6

84.1 73.6 86.1 81.1 90.0

82.6 80.1 85.6 77.1 93.0

83.6 85.6 90.0 80.1 94.0

87.6 86.6 89.1 84.1 96.0

88.1 83.1 90.0 87.1 99.0

91.0 88.6 90.5 85.6

104.5

86.1 94.0 85.6 82.6

103.0

85.2 81.1 87.8 80.9 92.5

Year Poultry

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

126.3 112.8 99.4

109.7 112.3

118.9 104.8 92.2

110.5 100.5

132.1 104.9 106.4 138.8 102.2

129.2 102.8 104.2 129.2 103.0

146.3 107.0 116.0 131.6 102.1

148.5 109.1 116.3 137.1 103.6

131.5 102.7 116.5 130.0 91.5

136.6 92.7

103.7 104.1 91.2

120.5 89.0

109.4 96.7 82.6

108.5 79.9 99.6 95.5 84.7

123.1 90.5

114.6 105.0 99.7

111.6 110.3 113.2 108.8 96.8

127.8 100.4 107.4 115.5 97.4

1 Weighted index using monthly commodity market shares.

Prices Received Indexes as a Percent of 1910-1914 Base, Monthly and Annual Average – United States: 2015-2019 [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Agricultural production

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

1011 923 887 888 879

1033 961 940 938 921

1062 962 974 979 949

1075 962 993 958 958

1113 979

1029 977 949

1091 967

1013 982 954

1036 935 986 946 927

1061 926 971 925 935

1014 892 955 912 898

924 832 906 880 874

955 861 944 913 916

930 910 949 931 923

1024 931 964 935 925

Year Crop production

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

730 705 674 686 674

752 747 742 757 729

762 732 750 766 747

788 763 800 770 738

802 794 785 776 732

789 773 759 788 766

769 741 757 758 756

776 740 774 782 763

769 734 784 768 756

702 693 722 699 708

723 704 714 734 721

737 711 738 765 726

759 746 755 753 737

Year Livestock production

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

1396 1156 1121 1096 1129

1323 1149 1114 1090 1100

1361 1158 1167 1156 1133

1353 1129 1155 1111 1162

1416 1131 1239 1141 1147

1405 1134 1244 1144 1126

1337 1114 1206 1110 1085

1361 1088 1144 1041 1088

1270 1027 1101 1030 1014

1211 953

1094 1061 1048

1224 1001 1182 1076 1126

1129 1098 1153 1073 1126

1317 1096 1160 1093 1108

1 Weighted index using monthly commodity market shares.

Page 33: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 33 USDA, National Agricultural Statistics Service

Reliability of Prices Received Estimates

Definition: Prices received represent sales from producers to first buyers. They include all grades and qualities. The

average commodity price from the survey multiplied by the total quantity marketed theoretically should give the total cash

receipts for the commodity.

Survey procedures: Primary sales data used to determine grain prices were obtained from probability samples of about

1,900 mills and elevators. These procedures ensure that virtually all grain moving into commercial channels has a chance

of being included in the survey. Generally, States surveyed account for 90 percent or more of total United States

production. Livestock prices are obtained from packers, stockyards, auctions, dealers, and market check data from

AMS-USDA, private marketing organizations, and state commodity groups and agencies. Inter-farm sales of grain and

livestock are not included since they represent very small percentages of the total sales. Grain marketed for seed is also

excluded. Fruit and vegetable prices are obtained from sample surveys and market check data from AMS-USDA, private

marketing organizations, state agencies, and universities.

Summary and estimation procedures: Survey quantities sold are expanded by strata to state levels and used to weight

average strata prices to a state average. State prices are then weighted to a United States price based on expanded sales.

Recommendations are prepared by the Regional Field Offices and reviewed by the Agricultural Statistics Board in

Washington, D.C. State recommendations are reviewed for reasonableness with survey data, other States, and recent

historic estimates.

Revisions: In general, revisions are made during annual commodity market year estimation time, following five-year

Census revisions, or when later information is received. Revisions are published in monthly issues of Agricultural Prices.

Reliability: United States price estimates based on probability surveys generally have a sampling error of less than one

percent for the major commodities such as corn, wheat, soybeans, cotton, and rice. Current methods of summarization for

non-probability commodities are not designed directly to calculate sampling errors. However, analytical measures

approximate the United States relative sampling errors at around five percent. Any non-sampling errors are attributed to

such things as the inability to obtain correct information, differences in interpreting questions or definitions, mistakes in

coding or processing the data, etc. Efforts are made at each step in the survey process to minimize these non-sampling

errors.

Program Changes: After the Council on Food, Agricultural and Resource Economics (C-FARE) 2009 program review which

included changes in farm production practices, plans were implemented to make necessary program improvements in the

agricultural price program. The index group structure for prices received was modified to maintain a more universal structure

and consistency with the required 1910-1914 series.

Modifications implemented January 2014 include the following: updated the current 1990-1992 base reference period to

2011; linked the 1910-1914 series to the updated base reference period, 2011; created index groups used universally by

researchers, data users, and policymakers; and re-classified agricultural commodities into the index groups. Also the

modifications expanded the commodity coverage for vegetable, melon, non-citrus, and tree nuts; updated monthly market

weights; and adjusted (normalized) current five year moving average cash receipts and farm input cost weights.

Modifications implemented January 2015 discontinued preliminary prices and replaced the annual average index with an

annual index.

The February 2016 program update changed the rounding of the 2011 base period indexes to nearest tenth of a percent.

The 1910-1914 base period indexes remain rounded to the nearest whole number.

See Price Program Links at end of this report for program change details.

Page 34: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

34 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

December Prices Paid by Farmers

The December Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at

110.5, is up 0.1 percent from November 2019 and up 0.4 percent from December 2018.

Production: The December index, at 106.7, is up 0.2 percent from November but 0.6 percent lower than last year. Higher

prices for self-propelled machinery, feeder pigs, complete feeds, and concentrates more than offset lower prices for

nitrogen, feeder cattle, LP gas, and other services.

Feed: At 102.3, the December index increased 0.3 percent from November and 1.4 percent from last December. Since

November, higher prices for complete feeds, concentrates, and feed grains more than offset lower prices for hay and

forages and supplements.

Livestock and poultry: The December index, at 102.6, increased 1.0 percent from November but decreased 3.1 percent

from last year. Since November, higher prices for feeder pigs more than offset lower prices for feeder cattle. The

December feeder cattle price, at $143.00 per cwt, is unchanged from the November price. December feeder pigs averaged

$136.00 per cwt, up $23.00 per cwt from November.

Fertilizer: The index for December, at 62.4, is down 1.6 percent from November and 10.2 percent from December a year

ago. Since November, lower prices for nitrogen and potash and phosphate more than offset higher prices for mixed

fertilizer.

Chemicals: The December index, at 97.7, is unchanged from November but down 4.1 percent from last December.

Fuels: At 68.1, the December index is down 1.6 percent from November and 1.4 percent from December 2018. Compared

with November, prices are lower for LP gas, gasoline, and diesel.

Machinery: The index for December, at 128.1, increased 1.8 percent from November and 3.2 percent from last

December. Compared with last month, prices are higher for self-propelled machinery and other machinery.

Consumer Price Index: The December 2019 Consumer Price Index for All Urban Consumers (CPI-U), as issued by the

Bureau of Labor Statistics, increased 2.3 percent over the last 12 months to an index level of 256.974 (1982-1984=100).

For the month, the index decreased 0.1 percent prior to seasonal adjustment.

Page 35: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 35 USDA, National Agricultural Statistics Service

Prices Paid Indexes and Related Parity Ratios – United States: December 2019 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group and

Ratios

1910-1914 Base 2011 Base

December 2018

November 2019

December 2019

December 2018

November 2019

December 2019

(percent) (percent) (percent) (percent) (percent) (percent)

Prices paid by farmers for commodities, services, interest, taxes, and wage rates (PPITW) ......................................... Production .......................................... Feed ............................................... Livestock and poultry ...................... Seeds ............................................. Fertilizer .......................................... Chemicals ....................................... Fuels ............................................... Supplies and repairs ....................... Autos and trucks ............................. Machinery ....................................... Building materials ........................... Services and rent ............................ Services .......................................... Rent ................................................ Interest 1 ............................................. Taxes 2 ............................................... Wage rates ......................................... Family living-CPI 3 ............................... Production, interest, taxes, ..................... and wage rates (PITW) .......................

2979 2234 1112 2091 3885 836 915

1932 1341

3235 7581 2730 2479 (NA) (NA)

4288 6952 9260 2387

3096

2987 2216 1124 2006 3800 763 878

1937 1356

3230 7689 2736 2495 (NA) (NA)

4422 7119 9612 2443

3094

2991 2221 1127 2025 3800 751 878

1906 1356

3244 7828 2742 2494 (NA) (NA)

4422 7119 9612 2441

3100

110.1 107.3 100.9 105.9 118.2 69.5

101.9 69.1

113.7

105.2 124.1 117.3 (NA)

114.9 119.5

117.6 117.1 129.3 111.7

109.8

110.4 106.5 102.0 101.6 115.6 63.4 97.7 69.2

114.9

105.1 125.8 117.6 (NA)

116.1 119.5

121.3 120.0 134.2 114.4

109.7

110.5 106.7 102.3 102.6 115.6 62.4 97.7 68.1

115.0

105.5 128.1 117.9 (NA)

116.0 119.5

121.3 120.0 134.2 114.3

109.9

Ratio (received/paid) ............................... Parity ratio 4 ............................................ Parity ratio adjusted 5 .............................. PPITW adjusted for productivity 6 .......................................

(NA) 31 32

1651

(NA) 31 32

1699

(NA) 31 32

1699

82 (NA) (NA)

(NA)

81 (NA) (NA)

(NA)

80 (NA) (NA)

(NA)

Crop sector (PPITW) .............................. Livestock sector (PPITW) .......................

(NA) (NA)

(NA) (NA)

(NA) (NA)

111.3 108.7

111.5 109.1

111.6 109.4

Farm sector (production) ......................... Non-farm sector (production) ..................

(NA) (NA)

(NA) (NA)

(NA) (NA)

105.8 108.2

104.6 107.5

105.1 107.6

(NA) Not available. 1 Interest per acre on farm real estate debt and interest rate on farm non-real estate debt. 2 Farm real estate taxes payable per acre. 3 Bureau of Labor Statistics, Consumer Price Index for all urban consumers (CPI-U), converted by the USDA. 4 Ratio of index of prices received to PPITW (1910-1914=100). 5 Based on estimated cash receipts, from marketings and government payments, the preliminary adjustment factor is updated annually. 6 PPITW is adjusted based on productivity trend for the prior 15 years.

Page 36: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

36 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States: December 2019 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Relative weights are a five year moving average]

Index Group

Relative weights Indexes (2011=100)

2018 2019 December

2018 November

2019 December

2019

(percent) (percent) (percent) (percent) (percent)

Production items ................................................... Feed ................................................................. Feed grains ................................................... Complete feeds ............................................. Hay and forages ............................................ Concentrates ................................................. Supplements ................................................. Livestock and poultry ........................................ Feeder cattle ................................................. Feeder pigs ................................................... Milk cow replacements .................................. Poultry ........................................................... Seeds ............................................................... Field crops .................................................... Grasses and legumes ................................... Fertilizer ............................................................ Mixed fertilizer ............................................... Nitrogen ........................................................ Potash and phosphate .................................. Chemicals ......................................................... Herbicides ..................................................... Insecticides ................................................... Fungicides and other ..................................... Fuels ................................................................. Diesel ............................................................ Gasoline ........................................................ LP gas ........................................................... Supplies and repairs ......................................... Supplies ........................................................ Repairs ......................................................... Autos and trucks ............................................... Autos ............................................................. Trucks ........................................................... Machinery ......................................................... Tractors ......................................................... Self-propelled ................................................ Other machinery ............................................ Building materials .............................................. Services ............................................................ Custom rates ................................................. Other services ............................................... Rent .................................................................. Cash ............................................................. Share ............................................................ Interest .................................................................. Taxes .................................................................... Wage rates ........................................................... Family living-CPI ...................................................

73.5

13.3 1.9 6.5 1.6 2.1 1.2 8.2 6.4 0.6 0.7 0.5

5.3 4.8 0.5 5.2 2.3 2.2 0.7 3.6 2.3 0.8 0.5

2.4 1.5 0.5 0.4 4.6 1.6 3.0 1.3 0.2 1.1

5.6 1.2 2.3 2.1 4.0

12.1 1.3

10.8 7.9 4.2 3.7

2.4 3.3 7.1

13.7

73.2

12.8 1.8 6.3 1.6 2.0 1.1 8.8 6.8 0.7 0.7 0.5

5.4 4.9 0.5 5.0 2.2 2.1 0.7 3.6 2.2 0.8 0.5

2.8 1.8 0.6 0.5 4.6 1.5 3.1 1.3 0.2 1.1

5.3 1.2 2.1 2.0 4.1

11.7 1.2

10.5 7.8 4.2 3.6

2.6 3.2 7.2

13.9

107.3

100.9 59.6

104.9 109.8 110.9 115.8 105.9 106.6 120.0 86.6

104.3

118.2 116.9 131.0 69.5 70.6 69.3 66.3

101.9 102.5 102.2 98.5

69.1 69.7 65.1 71.6

113.7 113.5 113.8 105.2 99.9

106.0

124.1 111.0 129.9 125.5 117.3 114.9 113.3 115.1 119.5 126.1 111.8

117.6 117.1 129.3 111.7

106.5

102.0 61.7

108.0 104.8 110.5 116.2 101.6 104.5 80.7 92.3

104.3

115.6 114.0 131.8 63.4 66.9 64.2 49.9 97.7 98.3 97.8 95.1

69.2 70.6 73.4 59.0

114.9 115.9 114.4 105.1 99.8

105.9

125.8 109.3 131.5 129.4 117.6 116.1 118.4 115.9 119.5 126.1 111.8

121.3 120.0 134.2 114.4

106.7

102.3 62.1

108.3 104.2 111.3 115.8 102.6 104.1 97.1 92.3

104.3

115.6 114.0 131.8 62.4 67.0 62.2 48.5 97.7 98.3 97.8 95.1

68.1 70.3 72.1 55.2

115.0 116.2 114.4 105.5 100.1 106.4

128.1 109.3 137.0 129.6 117.9 116.0 118.4 115.8 119.5 126.1 111.8

121.3 120.0 134.2 114.3

Page 37: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 37 USDA, National Agricultural Statistics Service

Feed Price Ratios – United States: December 2019 with Comparisons

Feed price ratio 1 December 2018 November 2019 December 2019

Broiler-feed: pounds of broiler grower feed equal in value to 1 pound of broiler, live weight 2 .......................................................... Market egg feed: pounds of laying feed equal in value to 1 dozen eggs 3 ....................................................................................... Hog-corn: bushels of corn equal in value to 100 pounds of hog, live weight ............................................................................ Milk-feed: pounds of 16% mixed dairy feed equal in value to 1 pound of whole milk 4 ...................................................................... Steer & heifer-corn: bushels of corn equal in value to 100 pounds of steer & heifers, live weight ....................................................................................................... Turkey-feed: pounds of turkey grower equal in value to 1 pound of turkey, live weight 5 ..............................................................

5.3

11.8

12.3

2.07

33.6

5.5

4.1

13.2

13.0

2.61

31.3

7.5

4.5

8.3

12.7

2.55

32.3

6.9

1 Effective January 1995, prices of commercial prepared feeds are based on current United States prices received for corn, soybeans, alfalfa hay, and all wheat.

2 The price of commercial prepared broiler feed is based on current United States prices received for corn and soybeans. The modeled feed uses 58 percent corn and 42 percent soybeans.

3 The price of commercial prepared layer feed is based on current United States prices received for corn and soybeans. The modeled feed uses 75 percent corn and 25 percent soybeans.

4 The price of commercial prepared dairy feed is based on current United States prices received for corn, soybeans, and alfalfa. The modeled feed uses 51 percent corn, 8 percent soybeans, and 41 percent alfalfa.

5 The price of commercial prepared turkey feed is based on current United States prices received for corn, soybeans, and wheat. The modeled feed uses 51 percent corn, 28 percent soybeans, and 21 percent wheat.

Prices Received Used to Calculate Feed Price Ratios – United States: December 2019 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agriculture Marketing Service]

Item December 2018 November 2019 December 2019

(dollars) (dollars) (dollars)

Broilers, live ......................................................................... pound Eggs, market ....................................................................... dozen Hogs, all ...................................................................................cwt Milk, all .....................................................................................cwt Steers and heifers ....................................................................cwt Turkeys, live ........................................................................ pound Corn ................................................................................... bushel Hay, alfalfa ............................................................................... ton Soybeans ........................................................................... bushel Wheat, all ........................................................................... bushel

0.510 0.980

43.40 16.60

119.00 0.498

3.54

179.00

8.56 5.28

0.403 1.12

48.00 21.00

115.00 0.671

3.68

173.00

8.59 4.39

0.450 0.714

47.30 20.70

120.00 0.624

3.71

175.00

8.70 4.64

Prices Paid for Feeder Livestock – United States: December 2019 with Comparisons [Price data source is United States Department of Agriculture's Agriculture Marketing Service]

Item December 2018 November 2019 December 2019

(dollars) (dollars) (dollars)

Feeder cattle & calves ..............................................................cwt Feeder pigs ..............................................................................cwt

146.00 168.00

143.00 113.00

143.00 136.00

Page 38: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

38 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Annual Average Prices Paid for Feeder Livestock – United States: 2014-2019

Item 2014 2015 2016 2017 2018 2019

(dollars) (dollars) (dollars) (dollars) (dollars) (dollars)

Feeders and stockers Cattle and calves ................................................... cwt Feeder pigs ............................................................ cwt

215.00 254.00

214.00 135.00

144.00 126.00

146.00 141.00

148.00 132.00

141.00 150.00

Grazing Fee Rates for Cattle – States, Regions, and United States: 2018 and 2019

State

Survey average rates 1

Animal unit 2 Cow-calf Per head

2018 2019 2018 2019 2018 2019

(dollars per month) (dollars per month) (dollars per month) (dollars per month) (dollars per month) (dollars per month)

Arizona ................................. California .............................. Colorado ............................... Idaho ..................................... Kansas .................................. Montana ................................ Nebraska .............................. Nevada ................................. New Mexico .......................... North Dakota ......................... Oklahoma ............................. Oregon .................................. South Dakota ........................ Texas .................................... Utah ...................................... Washington ........................... Wyoming ............................... 17-State 3 .............................. 16-State 4 .............................. 11-State 5 .............................. 9-State 6 ................................

10.00 22.40 19.50 18.00 21.00 24.50 46.00 9.50

16.00 24.50

12.50 17.50 31.50 12.50 17.00 14.50 22.00

21.30 24.00 19.70 21.70

9.50 21.40 18.50 18.00 18.50 24.50 40.70 10.00 16.00 18.00

11.50 18.50 29.50 12.50 18.00 14.50 22.50

19.90 22.20 19.60 19.90

(S) 29.00 23.00 22.50 27.00 26.00 52.00

(S) (S)

32.00

(S) 21.00 40.50

(S) 19.00 16.50 24.00

25.20 28.40 22.80 25.70

(S) 25.00 22.50 21.00 22.00 26.00 46.30

(S) (S)

21.00

11.50 21.50 36.50 16.00 20.00 17.50 24.50

23.30 25.60 22.40 23.50

(S) 21.00 18.50 19.00 22.00 24.50 35.00 15.20 16.50 19.00

13.00 21.50 34.00 14.50 18.50 16.00 23.00

21.00 23.00 20.50 21.00

(S) 18.50 19.50 19.00 24.00 24.00 44.00 12.00 16.50 20.00

13.20 19.50 35.00 15.50 18.50 17.00 23.00

22.30 24.50 19.90 23.00

(S) Insufficient number of reports to establish an estimate. 1 The average rates are estimates based on survey indications of monthly lease rates for private, non-irrigated grazing land from the January Cattle

Survey. 2 Animal unit (AUM) rate includes survey rates for both animal unit and cow-calf. The rate is converted to an AUM rate using a multiplier factor of

0.833. The multiplier factor is the conversion of a 1,200 pound cow to a 1,000 pound cow. 3 17 Western States: Arizona, California, Colorado, Idaho, Kansas, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon,

South Dakota, Texas, Utah, Washington, and Wyoming. 4 16 Western States: Arizona, California, Colorado, Idaho, Kansas, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon,

South Dakota, Utah, Washington, and Wyoming. 5 11 Western States: Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. 6 9 Great Plains States: Colorado, Kansas, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, and Wyoming.

Page 39: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

Agricultural Prices (January 2020) 39 USDA, National Agricultural Statistics Service

Prices Paid Indexes as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year

Commodities, services, interest, taxes, and wage rates (PPITW)

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

112.2 107.5 106.0 108.2 110.9

111.8 107.1 106.5 108.9 111.0

112.2 107.2 106.7 108.9 111.1

112.0 106.8 106.8 108.6 111.7

111.8 107.0 106.9 109.1 111.1

111.9 107.3 106.7 108.9 110.6

111.5 106.2 106.5 109.0 110.7

110.8 105.6 105.8 109.2 109.9

109.5 104.2 106.2 109.2 109.6

109.5 103.6 106.8 109.8 110.1

108.4 103.9 107.1 109.8 110.4

106.8 104.7 107.4 110.1 110.5

110.7 105.9 106.6 109.1 110.6

Year

Items used for production, interest, taxes, and wage rates (PITW)

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

113.6 107.8 105.7 107.9 110.7

113.0 107.3 106.2 108.6 110.8

113.4 107.4 106.4 108.6 110.8

113.1 106.9 106.5 108.2 111.3

112.7 107.0 106.6 108.6 110.7

112.9 107.3 106.4 108.4 110.0

112.4 106.1 106.2 108.5 110.2

111.6 105.3 105.3 108.7 109.2

110.1 103.8 105.6 108.7 108.9

110.1 103.0 106.4 109.3 109.4

108.8 103.4 106.7 109.5 109.7

107.0 104.3 107.1 109.8 109.9

111.6 105.8 106.3 108.7 110.1

Year Items used for production

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

114.3 107.1 103.9 105.4 107.7

113.6 106.5 104.4 106.3 107.8

114.1 106.6 104.6 106.3 107.8

113.9 106.1 104.9 106.1 108.6

113.6 106.2 105.0 106.6 107.8

113.7 106.6 104.7 106.3 107.1

113.0 105.0 104.5 106.0 107.1

112.1 104.1 103.5 106.2 105.9

110.4 102.3 103.9 106.2 105.5

110.1 101.2 104.6 106.8 106.1

108.6 101.7 105.0 107.0 106.5

106.5 102.7 105.4 107.3 106.7

112.0 104.7 104.5 106.4 107.1

Year Feed

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

109.4 100.9 96.3 94.2

101.8

108.7 100.4 97.3 97.9

102.1

108.5 100.5 97.2 99.2

102.7

106.3 100.4 96.6

101.2 103.1

104.5 104.8 95.9

103.5 103.2

105.1 109.3 94.5

102.1 104.2

107.3 106.5 95.0

100.9 103.5

107.4 102.6 93.5

101.3 102.4

105.9 99.3 92.7 98.9

101.7

105.0 97.5 93.2 99.0

102.0

103.0 96.8 92.3 99.1

102.0

101.5 98.0 93.4

100.9 102.3

106.1 101.4 94.8 99.9

102.6

Year Livestock & poultry

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

160.5 119.8 102.0 112.9 106.0

151.9 119.4 101.2 113.9 104.9

156.6 120.8 103.3 110.3 105.7

159.3 115.5 105.4 104.6 111.5

158.9 109.4 108.1 103.1 104.9

159.3 104.7 108.3 101.5 97.2

152.2 99.7

107.7 100.6 98.0

147.4 101.1 102.9 100.6 95.2

135.6 93.4

106.0 103.8 95.0

137.5 87.7

111.7 107.4 99.4

129.9 93.0

113.8 105.1 101.6

116.0 97.5

113.9 105.9 102.6

147.1 105.2 107.0 105.8 101.8

Year Seeds

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

124.7 124.6 120.8 119.7 118.2

124.7 124.6 120.8 119.7 118.2

124.6 120.8 119.7 118.2 115.6

124.6 120.8 119.7 118.2 115.6

124.6 120.8 119.7 118.2 115.6

124.6 120.8 119.7 118.2 115.6

124.6 120.8 119.7 118.2 115.6

124.6 120.8 119.7 118.2 115.6

124.6 120.8 119.7 118.2 115.6

124.6 120.8 119.7 118.2 115.6

124.6 120.8 119.7 118.2 115.6

124.6 120.8 119.7 118.2 115.6

124.6 121.4 119.9 118.5 116.0

Year Fertilizer

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

90.2 80.0 66.2 64.4 69.8

90.5 76.2 68.3 66.1 70.6

90.0 75.5 69.5 66.2 70.1

90.4 76.4 70.5 66.1 69.6

90.7 75.8 69.6 66.4 68.9

90.3 74.8 68.3 66.0 67.9

86.4 70.4 66.1 65.6 66.0

85.3 67.6 63.6 65.6 64.7

85.4 66.4 62.3 66.5 63.5

83.2 66.0 62.5 68.1 63.4

81.9 66.6 63.4 69.3 63.4

82.2 65.7 64.3 69.5 62.4

87.2 71.8 66.2 66.7 66.7

Year Chemicals

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

99.3 108.5 102.6 103.3 103.4

106.4 108.6 108.7 103.2 102.9

106.3 108.8 108.8 106.9 102.3

106.5 108.8 107.6 103.7 102.1

106.5 108.9 103.3 101.9 102.1

106.7 109.0 104.5 101.3 103.8

107.4 110.1 101.7 97.9

105.3

107.6 108.2 100.8 98.6 97.9

107.7 106.2 101.5 94.4 95.2

108.1 106.3 100.8 93.1 95.9

107.8 104.9 102.7 102.2 97.7

108.2 104.1 105.2 101.9 97.7

106.5 107.7 104.0 100.7 100.5

See footnote(s) at end of table. --continued

Page 40: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

40 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Paid Indexes as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Fuels

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

66.8 49.6 64.7 66.8 67.0

67.6 47.5 64.3 65.4 68.4

68.7 51.7 60.9 63.4 71.4

67.1 53.3 61.9 67.0 73.1

67.9 57.6 60.7 71.5 72.8

66.1 59.2 58.2 72.1 68.6

65.4 57.4 58.3 73.4 68.8

60.9 55.4 61.4 74.7 66.0

60.0 57.1 66.9 77.5 66.9

59.7 59.5 66.4 78.3 68.0

57.7 58.0 68.2 73.5 69.2

53.7 61.2 66.7 69.1 68.1

63.5 55.6 63.2 71.1 69.0

Year Supplies & repairs

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

106.4 105.7 106.7 109.1 114.2

106.3 105.5 106.7 109.1 114.2

106.3 105.5 106.7 109.3 114.3

106.0 105.6 107.5 110.4 114.4

105.9 105.4 107.7 110.9 114.5

105.9 105.4 107.9 111.2 114.5

105.5 105.9 108.3 112.0 115.1

105.5 106.5 108.3 112.9 115.0

105.4 106.4 108.4 113.3 115.0

105.4 106.7 108.6 113.7 114.9

105.5 106.8 108.6 113.6 114.9

105.5 106.8 108.8 113.7 115.0

105.8 106.0 107.9 111.6 114.7

Year Autos & trucks

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

104.9 105.9 107.1 106.1 105.9

105.4 106.5 107.1 105.9 106.2

105.7 106.6 106.8 105.9 106.6

106.0 106.4 106.9 105.5 106.6

106.0 106.3 106.7 105.6 106.5

106.0 106.0 106.2 105.7 106.2

105.6 105.9 105.6 105.6 105.9

105.3 105.6 105.3 105.4 105.5

105.2 105.5 104.9 105.0 105.1

105.2 105.8 104.8 104.9 105.0

105.5 105.8 105.0 105.0 105.1

105.5 106.1 105.8 105.2 105.5

105.5 106.0 106.0 105.5 105.8

Year Machinery

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

114.3 114.4 117.4 118.2 124.5

114.9 114.6 117.6 117.8 125.0

115.1 114.4 117.8 117.9 125.0

115.1 114.6 117.7 118.1 125.1

114.9 114.7 117.6 118.6 124.8

114.6 115.0 117.6 118.8 125.8

114.5 115.3 117.6 119.8 125.8

114.3 115.6 117.5 120.0 125.9

114.1 115.8 117.7 120.7 125.9

114.3 116.5 117.7 122.0 125.9

114.6 116.8 117.9 123.4 125.8

114.4 117.0 117.9 124.1 128.1

114.6 115.4 117.7 120.0 125.6

Year Building materials

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

107.6 106.9 108.8 112.6 117.8

107.6 106.9 109.3 113.3 118.2

107.6 107.0 109.6 114.8 118.0

107.8 107.3 110.2 115.3 118.4

107.7 107.5 110.2 116.6 118.3

107.6 107.7 110.3 117.0 118.0

107.5 107.9 110.3 117.2 118.6

107.1 108.2 110.7 117.1 118.1

106.9 108.1 110.9 117.3 118.0

107.0 107.9 111.4 117.3 118.0

107.0 107.9 111.6 117.1 117.6

106.8 108.1 111.7 117.3 117.9

107.4 107.6 110.4 116.1 118.1

Year Services 2

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

113.6 115.2 111.6 113.5 116.4

113.5 115.2 111.7 113.6 116.6

113.2 115.2 111.5 113.8 116.3

113.4 115.4 111.7 113.8 116.3

113.5 115.2 112.1 114.3 116.6

114.5 116.1 112.9 114.9 117.4

114.4 116.2 113.2 115.1 117.4

114.3 116.2 113.2 115.2 117.1

114.2 116.1 113.3 115.3 116.7

113.3 115.5 112.5 115.1 116.2

113.1 115.2 112.4 114.8 116.1

112.9 115.6 112.6 114.9 116.0

113.7 115.6 112.4 114.5 116.6

Year Rent 2

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

130.3 123.8 123.8 119.5 119.5

Year Ratio (paid/received)

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

88 83 81 80 77

89 87 86 83 80

92 87 88 87 83

93 87 90 85 83

96 89 93 87 83

95 88 92 87 83

90 86 90 84 81

93 85 89 83 83

89 83 88 81 79

82 78 82 77 77

86 80 85 80 81

84 84 86 82 80

90 85 87 83 81

See footnote(s) at end of table. --continued

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Agricultural Prices (January 2020) 41 USDA, National Agricultural Statistics Service

Prices Paid Indexes as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Interest

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

98.4 103.9 111.9 117.6 121.3

Year Taxes

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

109.9 114.7 116.3 117.1 120.0

Year Wage rates

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

112.0 114.7 120.0 125.8 133.7

112.0 114.7 120.0 125.8 133.7

112.0 114.7 120.0 125.8 133.7

109.7 113.9 118.2 122.6 131.5

109.7 113.9 118.2 122.6 131.5

109.7 113.9 118.2 122.6 131.5

111.4 116.4 118.2 127.6 133.2

111.4 116.4 118.2 127.6 133.2

111.4 116.4 118.2 127.6 133.2

114.6 118.4 119.9 129.3 134.2

114.6 118.4 119.9 129.3 134.2

114.6 118.4 119.9 129.3 134.2

111.9 115.9 119.1 126.3 133.2

Year Family living

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

103.9 105.3 108.0 110.2 111.9

104.4 105.4 108.3 110.7 112.4

105.0 105.9 108.4 111.0 113.0

105.2 106.4 108.7 111.4 113.6

105.7 106.8 108.8 111.9 113.9

106.1 107.2 108.9 112.0 113.9

106.1 107.0 108.8 112.1 114.1

106.0 107.1 109.2 112.1 114.1

105.8 107.3 109.7 112.2 114.2

105.8 107.5 109.7 112.4 114.4

105.5 107.3 109.7 112.1 114.4

105.2 107.4 109.6 111.7 114.3

105.4 106.7 109.0 111.7 113.7

Year Production items with farm origin 3

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

126.8 111.5 102.6 104.9 106.4

123.9 111.1 102.8 107.1 106.3

125.2 111.0 103.4 106.3 106.3

124.7 109.1 103.8 105.6 108.4

123.6 109.0 104.5 106.3 106.2

124.1 109.6 103.9 105.1 104.2

123.2 106.5 103.9 104.2 104.1

121.9 105.1 101.5 104.4 102.7

117.7 100.8 102.2 104.2 102.3

117.8 97.9

104.5 105.3 103.9

114.5 99.4

104.8 104.7 104.6

109.7 101.6 105.4 105.8 105.1

121.1 106.1 103.6 105.3 105.0

Year Production items with non-farm origin 4

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

106.5 104.2 104.6 105.7 108.4

107.2 103.5 105.4 105.9 108.7

107.1 103.7 105.4 106.3 108.7

107.1 104.1 105.7 106.3 108.8

107.2 104.3 105.3 106.8 108.7

107.2 104.6 105.3 107.0 108.8

106.5 104.1 104.9 107.0 108.8

105.9 103.5 104.7 107.3 107.8

105.8 103.3 104.9 107.3 107.4

105.3 103.4 104.7 107.6 107.4

104.9 103.2 105.1 108.3 107.5

104.6 103.5 105.4 108.2 107.6

106.3 103.8 105.1 107.0 108.2

Year Crop sector (PPITW)

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

109.4 107.6 107.8 109.5 112.2

109.8 107.1 108.4 109.7 112.4

109.9 107.0 108.4 109.8 112.2

109.7 107.1 108.5 109.5 112.2

109.8 107.2 108.2 109.8 112.1

109.8 107.3 108.2 109.9 112.1

109.5 106.9 107.9 110.3 112.3

109.0 106.5 107.6 110.4 111.5

108.6 106.1 107.8 110.4 111.2

108.6 106.2 108.0 110.8 111.4

108.1 106.1 108.3 111.3 111.5

107.6 106.4 108.5 111.3 111.6

109.2 106.8 108.1 110.2 111.9

Year Livestock Sector (PPITW)

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

115.3 107.4 104.2 106.8 109.5

114.0 107.1 104.4 108.0 109.6

114.7 107.5 104.8 107.9 110.0

114.4 106.6 105.1 107.6 111.1

113.9 106.8 105.4 108.2 110.0

114.2 107.3 105.1 107.7 108.9

113.7 105.5 105.1 107.6 109.0

112.8 104.6 103.9 107.8 108.1

110.5 102.3 104.4 107.7 107.8

110.6 100.8 105.7 108.5 108.7

108.7 101.6 105.9 108.2 109.1

105.9 102.9 106.3 108.7 109.4

112.4 105.0 105.0 107.9 109.3

1 Weighted index using 5-year average production expenditures 2 For the 2011=100 base period, the Services & Rent Index is separated. 3 Feed, livestock & poultry purchases, and seed. 4 Fertilizer, agricultural chemicals, fuels, supplies & repairs, autos & trucks, machinery, building materials, and services & rent.

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42 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Feed grains

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

65.8 61.2 56.6 56.5 59.9

66.3 60.2 57.5 57.8 60.7

66.4 60.1 58.0 59.5 60.9

65.4 59.5 57.1 60.7 59.4

63.5 61.7 58.0 62.2 61.2

63.2 64.3 58.0 62.0 67.0

65.7 60.7 59.8 59.9 70.0

64.4 54.5 56.2 57.9 65.3

63.7 53.7 55.8 58.1 63.5

62.4 54.8 55.3 57.8 63.9

60.7 54.1 53.9 57.7 61.7

61.6 55.5 55.1 59.6 62.1

64.1 58.4 56.8 59.1 63.0

Year Complete feeds

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

119.0 110.7 104.3 103.7 106.2

117.2 110.5 104.5 105.0 106.0

116.3 110.4 104.5 105.6 106.3

115.2 109.4 103.9 106.1 106.6

113.6 110.8 103.1 107.9 105.9

112.3 114.8 102.4 107.9 107.0

113.9 114.6 102.2 106.0 107.8

115.4 112.7 101.5 106.1 107.9

114.5 109.5 100.9 104.4 107.8

113.5 107.3 101.0 103.7 108.0

112.2 105.7 100.8 104.0 108.0

111.2 104.9 102.1 104.9 108.3

114.5 110.1 102.6 105.4 107.2

Year Hay & forages

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

98.9 89.3 82.1 93.2

111.0

100.7 89.5 83.5 93.9

112.4

104.3 89.3 87.8 97.8

114.8

106.4 94.2 94.7

104.1 120.3

106.8 89.2 94.6

106.9 120.5

101.4 86.1 93.3

103.8 114.7

99.0 84.1 92.3

104.0 108.0

91.9 85.4 89.6

104.9 103.7

92.8 84.1 89.0

106.2 102.1

93.3 85.3 91.9

105.8 103.4

91.5 84.2 90.6

106.0 104.8

92.2 82.2 90.9

109.8 104.2

98.3 86.9 90.0

103.0 110.0

Year Concentrates

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

122.2 106.3 108.1 89.8

111.6

120.8 104.6 113.5 107.4 113.1

120.6 106.8 109.5 109.0 113.8

112.0 106.5 103.1 113.9 113.3

109.2 131.7 102.5 118.9 112.8

118.8 147.2 96.6

115.0 114.3

127.9 136.0 99.2

115.0 110.8

127.8 122.7 98.4

117.4 112.3

120.7 114.8 96.3

106.3 110.7

118.8 108.7 96.2

109.9 110.9

112.2 109.7 93.1

108.7 110.5

105.2 119.8 93.7

110.9 111.3

118.0 117.9 100.9 110.2 112.1

Year Supplements

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

119.6 118.9 115.9 112.4 114.6

119.7 118.8 112.3 113.1 114.3

118.1 116.1 112.7 112.7 114.3

112.8 115.4 111.6 113.2 112.6

108.9 115.2 108.2 113.7 114.8

113.5 117.4 108.1 110.0 115.8

112.9 114.6 108.8 109.5 114.6

118.0 113.9 107.3 112.3 113.2

119.2 111.1 106.3 111.3 113.1

119.3 110.4 108.3 110.9 112.8

120.6 111.8 108.9 112.5 116.2

119.9 113.0 111.6 115.8 115.8

116.9 114.7 110.0 112.3 114.3

Year Feeder Cattle

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

168.9 120.0 98.2

110.8 106.8

159.7 118.0 96.2

111.6 105.8

165.9 119.3 98.4

108.0 105.8

170.4 112.9 103.7 104.2 108.9

170.1 107.2 108.4 103.9 102.8

173.5 103.7 109.2 104.8 97.4

165.6 100.5 108.4 106.6 99.7

159.9 103.6 104.4 107.7 98.5

143.7 93.8

108.7 110.4 97.8

145.5 88.2

114.7 113.4 102.2

136.0 92.9

115.5 109.7 104.5

117.2 95.9

112.6 106.6 104.1

156.4 104.7 106.5 108.1 102.9

Year Feeder pigs

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

142.9 119.3 119.3 145.7 125.0

125.0 134.3 128.6 150.0 121.4

122.9 139.3 133.6 140.7 132.1

115.0 134.3 106.4 117.9 173.6

112.1 114.3 95.0

102.1 150.7

84.3 90.0 90.0 72.9

106.4

67.9 65.0 90.7 47.9 87.9

62.9 52.1 70.7 35.7 65.0

73.6 51.4 66.4 50.0 69.3

83.6 38.6 80.7 71.4 75.7

80.7 57.9

100.0 79.3 80.7

90.0 85.7

129.3 120.0 97.1

96.7 90.2

100.9 94.5

107.1

Year Milk cow replacements

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

140.1 128.9 114.1 107.0 80.3

140.1 128.9 114.1 107.0 80.3

140.1 128.9 114.1 107.0 80.3

138.7 128.9 115.5 95.8 80.3

138.7 128.9 115.5 95.8 80.3

138.7 128.9 115.5 95.8 80.3

143.0 121.8 114.1 93.0 86.6

143.0 121.8 114.1 93.0 86.6

143.0 121.8 114.1 93.0 86.6

139.4 119.0 113.4 86.6 92.3

139.4 119.0 113.4 86.6 92.3

139.4 119.0 113.4 86.6 92.3

140.3 124.7 114.3 95.6 84.9

See footnote(s) at end of table. --continued

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Agricultural Prices (January 2020) 43 USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Poultry

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

102.9 105.6 111.9 104.3 104.3

Year Field crop seeds

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

125.0 125.1 120.4 119.2 116.9

125.0 125.1 120.4 119.2 116.9

125.1 120.4 119.2 116.9 114.0

125.1 120.4 119.2 116.9 114.0

125.1 120.4 119.2 116.9 114.0

125.1 120.4 119.2 116.9 114.0

125.1 120.4 119.2 116.9 114.0

125.1 120.4 119.2 116.9 114.0

125.1 120.4 119.2 116.9 114.0

125.1 120.4 119.2 116.9 114.0

125.1 120.4 119.2 116.9 114.0

125.1 120.4 119.2 116.9 114.0

125.1 121.2 119.4 117.3 114.5

Year Grass & legume seeds

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

122.5 119.9 124.0 125.1 131.0

122.5 119.9 124.0 125.1 131.0

119.9 124.0 125.1 131.0 131.8

119.9 124.0 125.1 131.0 131.8

119.9 124.0 125.1 131.0 131.8

119.9 124.0 125.1 131.0 131.8

119.9 124.0 125.1 131.0 131.8

119.9 124.0 125.1 131.0 131.8

119.9 124.0 125.1 131.0 131.8

119.9 124.0 125.1 131.0 131.8

119.9 124.0 125.1 131.0 131.8

119.9 124.0 125.1 131.0 131.8

120.3 123.3 124.9 130.0 131.7

Year Mixed fertilizer

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

86.1 77.8 67.5 65.5 71.8

85.8 75.8 67.8 66.0 71.4

86.2 74.8 67.1 66.4 71.1

85.6 74.7 67.6 66.3 71.6

86.1 75.0 67.1 67.7 70.5

85.7 74.3 65.9 67.4 70.4

84.4 71.3 66.1 68.1 68.6

84.2 70.3 66.6 68.2 68.2

83.8 69.2 65.9 69.1 67.9

82.3 68.3 65.8 69.8 67.4

81.7 68.9 65.4 70.7 66.9

80.7 67.4 65.5 70.6 67.0

84.4 72.3 66.5 68.0 69.4

Year Nitrogen

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

96.1 83.5 64.4 64.8 69.2

96.0 78.1 69.1 67.9 71.6

94.2 77.0 72.0 67.6 70.8

95.3 78.7 73.5 67.5 70.2

96.3 77.2 72.1 66.8 69.9

95.6 75.8 71.1 65.8 68.3

90.0 70.4 67.1 63.9 66.9

87.6 65.1 61.3 64.0 64.3

88.3 63.3 59.3 64.6 62.3

85.0 63.0 60.1 67.1 63.3

83.2 63.7 62.8 68.8 64.2

85.6 63.8 65.1 69.3 62.2

91.1 71.6 66.5 66.5 66.9

Year Potash & phosphate

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

85.5 76.5 67.2 59.7 65.6

88.9 71.8 67.5 61.1 64.9

89.5 73.0 69.4 61.6 65.1

90.7 74.4 70.7 61.6 61.7

88.7 73.9 69.8 61.3 60.8

88.8 73.5 67.1 62.1 59.0

82.0 67.2 63.4 63.0 55.2

82.1 66.8 61.1 62.3 55.1

82.1 67.1 60.4 64.2 53.7

80.7 67.8 59.3 65.8 50.9

78.6 67.7 59.1 66.1 49.9

77.0 66.2 58.3 66.3 48.5

84.6 70.5 64.4 62.9 57.5

Year Herbicides

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

99.6 110.2 104.9 105.5 104.0

106.7 110.4 111.1 105.4 103.5

106.7 110.7 111.3 109.2 102.9

107.0 110.8 110.1 104.4 102.6

107.1 110.9 105.7 102.6 102.7

107.4 111.1 106.9 102.0 104.4

108.3 112.2 104.0 98.5

105.9

108.6 110.3 103.1 99.2 98.4

108.9 108.3 103.8 95.0 95.7

109.4 108.4 103.0 93.7 96.5

109.2 107.0 105.0 102.8 98.3

109.7 106.3 107.5 102.5 98.3

107.4 109.7 106.4 101.7 101.1

Year Insecticides

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

100.4 108.9 102.1 101.8 103.7

107.3 108.9 108.1 101.7 103.1

107.0 109.1 108.1 105.2 102.3

107.2 109.0 106.8 104.9 102.1

107.1 109.0 102.5 103.0 102.2

107.3 109.1 103.6 102.3 103.9

107.9 110.1 100.7 98.7

105.4

108.1 108.0 99.8 99.3 97.9

108.2 105.9 100.4 95.1 95.2

108.5 105.9 99.6 93.6 96.0

108.2 104.4 101.5 102.7 97.8

108.6 103.6 103.8 102.2 97.8

107.2 107.7 103.1 100.9 100.6

See footnote(s) at end of table. --continued

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44 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Fungicides & other

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

96.1 100.6 93.6 95.5

100.2

103.2 100.2 99.1 95.6

100.0

103.4 99.9 99.1 99.3 99.5

103.0 99.8 97.6 98.7 99.3

102.6 99.8 93.9 97.2 99.4

102.2 99.9 95.2 96.8

101.1

102.4 100.8 92.8 93.7

102.5

102.1 99.0 92.2 94.5 95.3

101.8 97.0 93.0 90.8 92.6

101.6 97.1 92.5 89.7 93.4

100.9 95.7 94.6 98.6 95.1

100.7 94.9 97.0 98.5 95.1

101.7 98.7 95.1 95.7 97.8

Year Diesel

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

68.7 48.3 57.8 62.4 67.2

65.0 45.0 57.5 62.4 68.3

65.4 47.1 57.1 60.7 70.8

62.8 48.4 57.3 63.6 71.8

65.2 52.1 56.4 67.0 72.7

64.8 54.5 54.9 68.3 71.1

62.9 54.0 54.1 68.6 70.0

58.5 52.8 55.8 69.0 69.1

56.5 53.7 59.4 70.7 69.4

56.8 55.0 59.2 73.6 70.2

55.6 54.7 61.1 73.0 70.6

52.1 56.2 60.6 69.7 70.3

61.2 51.8 57.6 67.4 70.1

Year Gasoline

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

61.2 54.2 64.2 65.4 62.5

62.7 49.2 63.0 65.9 64.6

68.2 54.4 63.5 65.5 70.7

68.3 58.2 65.5 70.2 78.5

74.8 62.2 64.5 73.8 80.3

76.9 64.7 63.0 74.1 76.4

76.6 61.4 61.4 73.8 77.0

72.4 59.8 63.1 74.2 73.8

65.3 60.9 69.4 75.0 73.1

63.2 61.7 65.5 76.5 74.3

59.7 60.0 66.5 71.8 73.4

56.6 61.8 64.0 65.1 72.1

67.2 59.0 64.5 70.9 73.1

Year LP Gas

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

66.8 48.9 91.0 85.0 71.5

82.9 54.4 91.3 76.1 73.5

81.2 65.3 71.6 70.9 74.4

81.5 65.0 74.2 75.4 71.3

69.6 72.2 71.7 85.7 64.1

57.3 69.7 64.8 83.8 49.8

60.4 64.6 69.6 91.0 54.1

55.1 59.7 79.9 96.2 45.0

66.6 64.6 91.6

106.2 49.8

66.1 73.5 94.4 98.0 51.7

62.9 67.7 96.8 77.5 59.0

56.4 78.7 92.4 71.6 55.2

67.2 65.4 82.4 84.8 60.0

Year Supplies

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

106.3 106.2 106.6 109.3 114.6

106.2 106.1 106.7 109.5 114.8

106.1 106.2 106.9 109.9 114.8

106.3 106.2 107.0 110.5 114.8

106.3 106.3 107.2 110.7 115.3

106.1 106.2 107.6 111.2 115.8

105.9 106.2 107.8 111.7 116.1

106.0 106.3 107.9 112.6 116.1

106.1 106.4 108.1 113.3 115.9

106.0 106.5 108.1 113.5 115.9

105.9 106.5 108.3 113.3 115.9

106.0 106.5 108.8 113.5 116.2

106.1 106.3 107.6 111.6 115.5

Year Repairs

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

106.4 105.4 106.7 109.0 114.0

106.4 105.2 106.7 108.9 113.9

106.4 105.2 106.7 109.0 114.0

105.9 105.3 107.8 110.3 114.2

105.8 105.0 108.0 111.0 114.0

105.8 105.0 108.0 111.2 113.9

105.3 105.7 108.5 112.2 114.6

105.2 106.6 108.5 113.1 114.4

105.1 106.4 108.5 113.3 114.5

105.1 106.9 108.8 113.8 114.4

105.2 106.9 108.8 113.8 114.4

105.2 107.0 108.8 113.8 114.4

105.7 105.9 108.0 111.6 114.2

Year Autos

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

101.5 101.5 102.0 100.1 100.5

102.0 102.0 102.1 100.0 100.6

102.1 101.8 101.7 99.9

100.9

102.1 101.5 101.6 99.5

100.9

102.1 101.3 101.2 99.8

100.9

102.1 100.9 100.6 100.0 100.8

101.5 100.7 99.6

100.0 100.6

101.2 100.4 99.2 99.7

100.3

101.0 100.3 98.6 99.7 99.8

100.9 100.6 98.5 99.6 99.8

100.9 100.7 99.0 99.8 99.8

101.0 100.8 99.7 99.9

100.1

101.5 101.0 100.3 99.8

100.4

Year Trucks

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

105.4 106.6 107.9 107.0 106.8

105.9 107.1 107.8 106.8 107.0

106.2 107.3 107.6 106.8 107.5

106.5 107.2 107.7 106.3 107.5

106.6 107.0 107.6 106.5 107.3

106.5 106.8 107.0 106.6 107.0

106.2 106.7 106.4 106.5 106.7

105.9 106.3 106.2 106.2 106.3

105.9 106.3 105.8 105.8 105.9

105.8 106.6 105.8 105.7 105.8

106.2 106.6 105.9 105.8 105.9

106.2 106.8 106.7 106.0 106.4

106.1 106.8 106.9 106.3 106.7

See footnote(s) at end of table. --continued

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Agricultural Prices (January 2020) 45 USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components as a Percent of 2011 Base, Monthly and Annual Average – United States: 2015-2019 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Tractors

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

107.8 110.5 112.6 112.5 110.4

109.6 110.6 112.7 112.3 109.9

109.5 110.6 112.8 112.1 109.3

109.5 110.7 112.8 111.6 109.3

109.5 110.8 112.6 111.1 109.3

109.6 110.9 112.8 110.7 109.3

109.6 111.0 112.7 110.2 109.3

109.6 111.1 112.5 109.6 109.3

109.6 111.2 112.2 109.1 109.3

110.4 111.5 112.0 108.5 109.3

110.5 112.1 112.9 111.5 109.3

110.5 112.5 112.7 111.0 109.3

109.6 111.1 112.6 110.9 109.4

Year Self-propelled

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

117.6 117.8 120.5 120.8 130.3

118.1 118.3 120.6 120.7 130.7

118.7 118.0 120.8 120.6 131.0

118.8 118.2 120.6 121.0 131.0

118.5 118.2 120.4 121.4 130.7

118.2 118.2 120.3 121.8 130.7

117.9 118.4 120.3 123.7 130.7

117.6 118.6 120.3 124.0 130.9

117.3 118.7 121.0 125.4 131.0

117.5 120.0 121.0 128.1 131.0

118.4 120.2 120.9 129.5 131.5

118.1 120.2 120.8 129.9 137.0

118.1 118.7 120.6 123.9 131.4

Year Other machinery

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

114.6 113.0 116.9 118.8 126.5

114.5 112.9 117.3 117.9 127.7

114.7 112.7 117.6 118.3 127.8

114.4 113.0 117.5 118.8 128.1

114.2 113.3 117.5 119.9 127.6

113.8 114.1 117.6 120.4 130.3

113.7 114.6 117.6 121.3 130.1

113.5 114.9 117.4 121.8 130.1

113.3 115.3 117.5 122.5 130.1

113.2 115.7 117.5 123.3 130.3

113.0 116.0 117.6 123.8 129.4

112.8 116.3 117.8 125.5 129.6

113.8 114.3 117.5 121.0 129.0

Year Custom rates

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

111.8 111.6 114.3 113.3 118.4

Year Other services

January February March April May June July August September October November December Average 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

113.8 115.6 111.3 113.5 116.2

113.7 115.6 111.4 113.7 116.3

113.3 115.6 111.2 113.9 116.0

113.6 115.9 111.5 113.8 116.1

113.7 115.6 111.9 114.4 116.4

114.8 116.6 112.8 115.1 117.3

114.6 116.8 113.1 115.3 117.3

114.6 116.7 113.1 115.4 117.0

114.4 116.6 113.2 115.5 116.5

113.5 116.0 112.3 115.3 115.9

113.2 115.6 112.2 115.0 115.9

113.0 116.1 112.4 115.1 115.8

113.9 116.1 112.2 114.7 116.4

Year Cash rent

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

137.0 130.4 130.4 126.1 126.1

Year Share rent

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

122.6 116.1 116.1 111.8 111.8

1 Weighted index using 5-year average production expenditures.

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46 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Paid Indexes as a Percent of 1910-1914 Base, Monthly and Annual Average – United States: 2015-2019 [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year

Commodities, services, interest, taxes, and wage rates (PPITW)

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

3038 2908 2870 2928 3001

3025 2897 2882 2948 3005

3037 2901 2886 2948 3008

3030 2890 2891 2939 3022

3025 2894 2892 2952 3007

3029 2903 2888 2946 2993

3017 2875 2882 2950 2996

2999 2857 2863 2955 2974

2964 2821 2873 2955 2966

2964 2803 2891 2970 2980

2933 2812 2899 2972 2987

2890 2833 2907 2979 2991

2996 2866 2885 2954 2994

Year

Items used for production, interest, taxes, and wage rates (PITW)

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

3203 3039 2982 3042 3122

3186 3026 2995 3063 3125

3197 3028 3000 3063 3126

3188 3013 3004 3050 3140

3179 3016 3005 3064 3120

3183 3026 2999 3056 3103

3169 2992 2993 3061 3107

3147 2970 2968 3066 3079

3106 2926 2979 3065 3070

3106 2904 3001 3083 3085

3069 2916 3010 3087 3094

3018 2940 3019 3096 3100

3146 2983 2996 3066 3106

Year Items used for production

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

2380 2229 2162 2194 2242

2365 2217 2174 2213 2244

2375 2219 2178 2212 2244

2371 2208 2185 2208 2261

2364 2211 2185 2219 2244

2367 2218 2180 2213 2230

2352 2186 2175 2207 2229

2333 2167 2154 2211 2205

2298 2129 2162 2210 2197

2292 2107 2178 2223 2208

2261 2117 2186 2226 2216

2218 2138 2194 2234 2221

2331 2179 2176 2214 2228

Year Feed

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

1206 1112 1061 1038 1121

1197 1107 1072 1079 1125

1195 1107 1071 1093 1132

1171 1106 1064 1115 1136

1151 1154 1057 1140 1137

1158 1204 1041 1125 1148

1182 1173 1046 1112 1140

1183 1131 1031 1117 1129

1167 1095 1021 1089 1120

1157 1074 1027 1090 1124

1135 1066 1017 1092 1124

1119 1080 1030 1112 1127

1168 1118 1045 1100 1130

Year Livestock & poultry

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

3168 2364 2014 2229 2092

3000 2358 1998 2248 2071

3092 2385 2040 2177 2087

3146 2280 2080 2066 2201

3136 2160 2135 2036 2071

3146 2067 2138 2003 1918

3004 1968 2126 1987 1934

2909 1995 2032 1986 1879

2676 1844 2092 2049 1876

2715 1732 2205 2119 1963

2564 1836 2247 2075 2006

2289 1925 2249 2091 2025

2904 2076 2113 2089 2010

Year Seeds

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

4099 4096 3969 3934 3885

4099 4096 3969 3934 3885

4096 3969 3934 3885 3800

4096 3969 3934 3885 3800

4096 3969 3934 3885 3800

4096 3969 3934 3885 3800

4096 3969 3934 3885 3800

4096 3969 3934 3885 3800

4096 3969 3934 3885 3800

4096 3969 3934 3885 3800

4096 3969 3934 3885 3800

4096 3969 3934 3885 3800

4096 3990 3940 3893 3814

Year Fertilizer

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

1086 964 797 775 841

1089 917 823 796 850

1084 909 836 797 844

1088 919 849 796 838

1093 912 838 800 830

1087 901 822 794 818

1041 847 796 790 795

1028 814 766 790 779

1029 800 751 801 765

1001 795 752 820 763

986 801 764 834 763

990 791 775 836 751

1050 864 797 803 803

Year Chemicals

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

892 975 922 927 929

955 976 976 926 924

955 977 977 960 918

956 977 966 931 916

956 978 928 915 917

958 979 939 910 933

964 989 913 879 946

966 972 905 885 879

967 953 912 848 855

971 954 905 836 862

968 942 923 918 878

972 935 945 915 878

957 967 934 904 903

See footnote(s) at end of table. --continued

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Agricultural Prices (January 2020) 47 USDA, National Agricultural Statistics Service

Prices Paid Indexes as a Percent of 1910-1914 Base, Monthly and Annual Average – United States: 2015-2019 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Fuels

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

1870 1388 1810 1869 1873

1890 1328 1799 1831 1913

1920 1445 1704 1775 1996

1877 1490 1731 1874 2045

1901 1611 1697 2001 2038

1849 1655 1629 2017 1919

1828 1605 1630 2055 1925

1703 1550 1717 2088 1847

1679 1596 1872 2169 1871

1670 1665 1858 2191 1901

1614 1622 1909 2055 1937

1503 1711 1865 1932 1906

1775 1556 1768 1988 1931

Year Supplies & repairs

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

1255 1246 1258 1287 1347

1254 1244 1258 1287 1347

1254 1245 1259 1290 1348

1251 1245 1269 1302 1349

1250 1244 1271 1308 1350

1249 1244 1272 1312 1351

1245 1249 1277 1321 1358

1244 1256 1277 1332 1356

1244 1255 1278 1336 1356

1243 1259 1281 1341 1356

1244 1260 1281 1340 1356

1244 1260 1283 1341 1356

1248 1251 1272 1316 1353

Year Autos & trucks

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

3223 3255 3292 3261 3256

3240 3272 3292 3255 3263

3248 3277 3284 3255 3276

3257 3272 3286 3241 3278

3258 3267 3281 3246 3273

3257 3259 3264 3250 3263

3246 3255 3244 3247 3256

3235 3245 3237 3239 3242

3234 3243 3224 3227 3231

3233 3253 3222 3223 3228

3243 3253 3229 3229 3230

3242 3260 3252 3235 3244

3243 3259 3259 3242 3253

Year Machinery

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

6986 6990 7174 7225 7607

7021 7001 7187 7197 7636

7037 6988 7199 7203 7640

7032 7001 7192 7217 7647

7020 7011 7186 7245 7625

7004 7030 7188 7261 7690

6995 7047 7187 7320 7686

6983 7062 7180 7334 7692

6970 7074 7195 7376 7693

6987 7119 7193 7453 7696

7005 7138 7203 7539 7689

6991 7152 7203 7581 7828

7003 7051 7190 7329 7678

Year Building materials

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

2503 2487 2531 2620 2741

2503 2487 2542 2637 2749

2503 2490 2549 2671 2746

2508 2496 2562 2683 2754

2505 2500 2565 2712 2752

2503 2505 2567 2722 2746

2501 2511 2566 2726 2758

2492 2518 2576 2724 2747

2487 2514 2580 2729 2746

2489 2511 2591 2729 2744

2488 2511 2596 2723 2736

2484 2515 2599 2730 2742

2497 2504 2569 2700 2747

Year Services & rent

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

2553 2518 2475 2461 2499

2552 2519 2477 2462 2500

2547 2519 2474 2465 2497

2551 2522 2478 2464 2497

2551 2519 2482 2471 2501

2564 2530 2492 2478 2511

2563 2532 2496 2481 2511

2562 2531 2496 2482 2508

2560 2530 2497 2483 2503

2550 2523 2487 2481 2495

2546 2519 2486 2477 2495

2543 2524 2488 2479 2494

2554 2524 2486 2474 2501

See footnote(s) at end of table. --continued

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48 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Prices Paid Indexes as a Percent of 1910-1914 Base, Monthly and Annual Average – United States: 2015-2019 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Year Interest

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

3587 3789 4082 4288 4422

Year Taxes

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

6520 6808 6904 6952 7119

Year Wage rates

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

8018 8210 8594 9010 9573

8018 8210 8594 9010 9573

8018 8210 8594 9010 9573

7858 8159 8466 8780 9413

7858 8159 8466 8780 9413

7858 8159 8466 8780 9413

7980 8332 8466 9138 9541

7980 8332 8466 9138 9541

7980 8332 8466 9138 9541

8204 8479 8588 9260 9612

8204 8479 8588 9260 9612

8204 8479 8588 9260 9612

8015 8295 8529 9047 9535

Year Family living

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

2220 2251 2307 2355 2391

2230 2252 2314 2365 2401

2243 2262 2316 2371 2415

2248 2273 2323 2380 2428

2259 2282 2325 2390 2433

2267 2290 2327 2394 2433

2267 2286 2325 2394 2437

2264 2288 2332 2395 2437

2260 2293 2345 2398 2439

2259 2296 2343 2402 2445

2255 2293 2343 2394 2443

2247 2293 2342 2387 2441

2252 2280 2328 2385 2429

Year

Commodities, services, interest, taxes, and wage rates Adjusted for productivity

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

1441 1409 1505 1623 1692

1441 1407 1508 1627 1694

1444 1409 1508 1628 1696

1434 1406 1502 1612 1689

1434 1407 1502 1615 1687

1436 1409 1502 1615 1685

1441 1415 1501 1639 1695

1438 1412 1499 1640 1691

1432 1408 1502 1641 1690

1446 1414 1512 1652 1698

1441 1415 1513 1651 1699

1433 1418 1514 1651 1699

1438 1411 1506 1633 1693

Year Parity ratio 2

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

33 32 31 30 29

34 33 33 32 31

35 33 34 33 32

35 33 34 33 32

37 34 36 33 32

36 33 35 33 32

34 33 34 32 31

35 32 34 31 31

34 32 33 31 30

31 30 31 30 29

33 31 33 31 31

32 32 33 31 31

34 32 33 32 31

Year Adjusted parity ratio (PPITW) 3

January February March April May June July August September October November December Annual 1

2015 ... 2016 ... 2017 ... 2018 ... 2019 ...

34 33 32 31 30

35 34 34 33 32

36 34 35 34 33

36 34 35 34 33

38 35 37 34 33

37 34 36 34 33

35 34 35 33 32

36 33 35 32 32

35 33 34 32 31

32 31 32 31 30

34 32 34 32 32

33 33 34 32 32

35 34 34 33 32

1 Weighted index using 5-year average production expenditures. 2 Ratio of index of prices received to index of prices paid for commodities, services, interest, taxes, and wage rates. 3 Ratio of the index of prices received after adjustment for government payments to the index of prices paid for commodities, services, interest, taxes,

and wage rates.

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Agricultural Prices (January 2020) 49 USDA, National Agricultural Statistics Service

Feed Ratios Monthly and Annual Average – United States: 2015-2019 [Annual average is a simple average of monthly ratios, January through December]

Year Broiler 1

January February March April May June July August September October November December Average

2015 2016 2017 2018 2019

5.4 5.1 4.7 5.2 5.8

5.0 4.8 4.6 5.0 5.1

5.4 5.0 5.3 5.6 5.3

6.0 5.1 5.7 6.1 5.8

6.2 5.3 6.6 6.7 6.1

5.9 5.1 6.7 7.0 5.4

4.7 4.7 6.1 6.7 4.8

4.4 4.3 5.5 5.2 4.3

4.2 4.2 5.1 4.8 4.0

4.1 3.7 4.9 4.8 4.1

4.3 4.4 5.0 5.2 4.1

4.7 4.7 5.0 5.3 4.5

5.0 4.7 5.4 5.6 5.0

Year Market Egg 2

January February March April May June July August September October November December Average

2015 2016 2017 2018 2019

11.3 11.4 6.7

11.6 9.5

12.1 10.2 4.3

12.8 8.4

15.3 8.8 6.4

22.1 7.6

9.6 4.6 4.4

11.2 4.6

18.2 2.7 4.2 6.8 2.3

21.9 2.5 4.5 9.3 5.2

19.6 4.0 6.8

10.5 2.5

26.5 4.4 6.1

11.0 7.6

20.7 3.8

10.9 8.7 4.9

14.7 2.6 8.3 8.5 4.7

22.8 3.7

15.3 11.7 13.2

12.2 12.1 14.4 11.8 8.3

17.1 5.9 7.7

11.3 6.4

Year Turkey 3

January February March April May June July August September October November December Average

2015 2016 2017 2018 2019

6.3 8.7 7.6 5.7 5.6

6.6 9.0 7.3 5.5 5.8

6.8 9.0 7.5 5.2 5.9

7.1 9.2 7.5 5.2 6.3

7.9 8.8 7.7 5.1 6.1

8.4 8.9 7.4 5.3 6.1

8.5 9.3 7.3 5.7 6.2

9.4 9.5 7.2 5.8 6.6

10.0 10.3 6.9 5.9 7.0

10.6 9.9 7.1 5.7 7.0

10.2 9.3 6.5 6.0 7.5

9.8 8.4 6.0 5.5 6.9

8.5 9.2 7.2 5.5 6.4

Year Milk 4

January February March April May June July August September October November December Average

2015 2016 2017 2018 2019

2.10 2.18 2.71 2.20 2.06

2.06 2.18 2.61 2.03 2.07

2.01 2.12 2.40 1.98 2.12

2.00 1.99 2.22 1.90 2.11

1.99 1.90 2.20 1.90 2.10

2.06 1.92 2.31 1.97 2.08

2.00 2.16 2.27 1.93 2.16

2.11 2.44 2.50 2.06 2.26

2.25 2.49 2.46 2.13 2.33

2.30 2.38 2.48 2.22 2.39

2.46 2.59 2.54 2.21 2.61

2.29 2.73 2.38 2.07 2.55

2.14 2.26 2.42 2.05 2.21

Year Hog-Corn 5

January February March April May June July August September October November December Average

2015 2016 2017 2018 2019

15.0 11.9 14.1 16.0 12.5

13.3 13.9 15.8 16.2 12.1

13.2 14.0 15.2 14.2 12.9

13.1 14.3 14.1 12.7 16.8

16.2 15.5 15.5 14.0 17.2

16.7 15.9 18.1 16.5 14.9

15.4 16.5 19.3 16.9 13.6

16.0 16.4 18.8 13.2 14.9

14.8 14.8 15.0 12.7 12.6

15.1 12.7 14.5 14.7 12.8

12.8 12.0 15.9 13.5 13.0

11.7 13.0 15.0 12.3 12.7

14.4 14.2 15.9 14.4 13.9

Year Steer & Heifer-Corn 6

January February March April May June July August September October November December Average

2015 2016 2017 2018 2019

43.5 36.1 35.0 37.4 34.8

42.5 37.4 35.2 37.6 35.0

42.5 38.5 36.4 36.2 35.7

43.7 37.4 37.9 34.1 36.3

44.2 35.1 40.0 33.2 33.6

43.5 33.2 38.8 31.6 28.9

39.5 33.3 34.7 32.3 27.2

40.5 36.8 35.2 33.3 28.5

38.0 33.9 32.7 32.4 27.4

35.1 31.0 34.0 32.7 28.4

36.5 32.7 38.4 33.7 31.3

33.7 34.0 37.2 33.6 32.3

40.3 34.9 36.3 34.0 31.5

1 The price of commercial prepared broiler feed is based on current United States prices received for corn and soybeans. The modeled feed ration uses 58 percent corn and 42 percent soybeans.

2 The price of commercial prepared layer feed is based on current United States prices received for corn and soybeans. The modeled feed ration uses 75 percent corn and 25 percent soybeans.

3 The price of commercial prepared turkey feed is based on current United States prices received for corn, soybeans, and wheat. The modeled feed ration uses 51 percent corn, 28 percent soybeans, and 21 percent wheat.

4 The price of commercial prepared dairy feed is based on current United States prices received for corn, soybeans, and alfalfa. The modeled feed ration uses 51 percent corn, 8 percent soybeans, and 41 percent alfalfa.

5 Number of bushels of corn equal in value to 100 pounds of all hogs, live weight. 6 Number of bushels of corn equal in value to 100 pounds of steers & heifers, live weight.

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50 Agricultural Prices (January 2020) USDA, National Agricultural Statistics Service

Reliability of Prices Paid Estimates

Definition: Prices paid by farmers represent the average costs of inputs purchased by farmers and ranchers to produce

agricultural commodities. Conceptually, the average price when multiplied by quantity purchased should equal total

producer expenditures for the item.

Survey procedures: The prices paid data are obtained from establishments that sell goods and services to farmers and

ranchers. Annually, about 8,500 firms are randomly selected from lists by type of item sold with an average response rate

in the range of 75-80 percent. Firms are asked to report the price for the specified item "most commonly bought by

farmers" or that was the "volume seller". Approximately 135 items are surveyed each March to represent all production

input items purchased. The survey reference period for most items is the five business days centered at the 15th of the

month. Separate prices paid surveys are conducted for agricultural chemicals, fuels, feed, fertilizer, machinery, and seed.

Summary and estimation procedures: The annual March Prices Paid Survey is summarized as a non-probability survey.

Average prices reported are aggregated to the region and United States level using weights available from expenditure

data and other administrative sources. Price recommendations are prepared by the Regional Field Offices and

Headquarters for review by the Agricultural Statistics Board in Washington, D.C. Also, the change in price level for

individual items surveyed are combined to the regional and United States levels, and are published as prices paid indexes

referenced to a specific base period. Prices paid indexes for new autos and trucks, building materials, farm supplies, motor

supplies, and marketing containers are updated based on price changes measured in selected Bureau of Labor Statistics

(BLS) indexes.

Revisions: Any revisions are published in the monthly and in annual issues of Agricultural Prices. The basis for revision

must be supported by additional data that directly affect the level of the estimate. More revisions are likely for March

when separate prices paid surveys are conducted, in lieu of BLS indexes, by the USDA to measure price change.

Reliability: Current methods of summarization for the March data are not designed directly to calculate sampling errors.

However, analytical measures approximate the United States relative sampling errors for major items around 10 percent.

Any non-sampling errors are attributed to such things as the inability to obtain correct information, differences in

interpreting questions or definitions, mistakes in coding or processing the data, etc. Efforts are made at each step in the

survey process to minimize these non-sampling errors.

Program change: Effective January 2014, the National Agricultural Statistics Service modified the five-year moving

weights and updated the base reference period. In January 2015, publication of preliminary prices was suspended, and the

annual average index was replaced by an annual index.

As of January 2014, the 1990-1992 base reference period was updated to 2011. Five-year moving average weights are

adjusted (normalized) to minimize the effects of price changes. The 1910-1914=100 price indexes, required by statute for

computing parity prices, were linked forward based on the changes in the new 2011=100 indexes. The new indexes were

constructed by multiplying the ratios of the current prices to the base period prices by the moving average weights.

Modifications implemented January 2015 discontinued preliminary prices and replaced the annual average index with an

annual index.

The April 2015 program update discontinued publication of the annual March survey prices paid data.

The February 2016 program update changed the rounding of the 2011 base period indexes to nearest tenth of a percent.

The 1910-1914 base period indexes remain rounded to the nearest whole number.

See Price Program Links at end of this report for program change details.

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Agricultural Prices (January 2020) 51 USDA, National Agricultural Statistics Service

Information Contacts General Jody McDaniel, Chief, Environmental, Economics, and Demographics Branch ............................................ (202) 720-6146 Crop Prices Received Lance Honig, Chief, Crops Branch ................................................................................................................. (202) 720-2127 Travis Thorson, Head, Field Crops Section ..................................................................................................... (202) 720-2127 Chris Hawthorn – Corn, Flaxseed, Proso Millet ............................................................................................ (202) 720-9526 James Johanson – County Estimates, Hay ..................................................................................................... (202) 690-8533 Jeff Lemmons – Oats, Soybeans .................................................................................................................... (202) 690-3234 Sammy Neal – Peanuts, Rice ......................................................................................................................... (202) 720-7688 Jean Porter – Rye, Wheat ............................................................................................................................... (202) 720-8068 Chris Singh – Cotton, Cotton Ginnings, Sorghum ......................................................................................... (202) 720-5944 Travis Thorson – Canola, Mustard Seed, Rapeseed, Safflower, Sunflower, Barley, Crop Weather ............. (202) 720-7369 Jorge Garcia-Pratts, Head, Fruits, Vegetables, and Special Crops Section ..................................................... (202) 720-2127 Joshua Bates – Almonds, Apples, Apricots, Asparagus, Carrots, Coffee, Onions, Plums, Prunes, Sweet Corn, Tobacco ...................................................................................................................... (202) 720-4288 Jorge Garcia-Pratts – Dry beans, Garlic, Hazelnuts, Honeydews, Kiwifruit, Lettuce, Maple Syrup, Mint, Pears, Sweet Cherries, Tart Cherries, Tomatoes ................................................................................ (202) 720-2127 Fleming Gibson – Cauliflower, Celery, Grapefruit, Lemons, Macadamia,

Mandarins and tangerines, Mushrooms, Olives, Oranges ................................................................. ……. (202) 720-5412

Greg Lemmons –Cranberries, Cucumbers, Pistachios, Potatoes, Pumpkins, Raspberries,

Squash, Strawberries, Sugarbeets, Sugarcane, Sweet Potatoes, Tame Blueberries,

Wild Blueberries……… ................................................................................................................... …….. (202) 720-4285

Dan Norris – Artichokes, Cantaloupes, Dry Edible Peas, Green Peas, Lentils,

Nectarines, Papayas, Peaches, Snap Beans, Spinach, Walnuts, Watermelon .................................. ......... (202) 720-3250

Dawn Smoker – Avocados, Bell Peppers, Broccoli, Cabbage, Chickpeas, Chile Peppers, Dates,

Floriculture, Grapes, Hops, Pecans ................................................................................................. ……. (202) 720-4215 Livestock Prices Received Travis Averill, Chief, Livestock Branch .......................................................................................................... (202) 692-0069 Scott Hollis, Head, Livestock Section ............................................................................................................. (202) 690-2424 Holly Brenize – Sheep and Goats .................................................................................................................. (202) 720-0585 Heidi Lanouette – Cattle and Cattle on Feed ................................................................................................. (202) 720-3040 Mike Miller – Milk, Milk Cows ..................................................................................................................... (202) 720-3278 Seth Riggins – Hogs and Pigs ........................................................................................................................ (202) 720-3106 Tony Dorn, Head, Poultry and Specialty Commodities Section ...................................................................... (202) 690-3223 Fatema Haque – Turkeys ............................................................................................................................... (202) 720-3244 Kim Linonis – Eggs ....................................................................................................................................... (202) 690-3676 Adam Peters – Honey .................................................................................................................................... (202) 690-3237 Takiyah Walker - Broilers.............................................................................................................................. (202) 720-6147 Indexes, Prices Paid, and Parity Prices Jody McDaniel, Chief, Environmental, Economics, and Demographics Branch ............................................ (202) 720-6146 Bruce Boess, Head, Economics Section .......................................................................................................... (202) 720-4447 Kuan Chen – Prices Received Indexes, Parity Prices, Prices Paid Indexes, Prices Paid for Feed, Fertilizer, Chemicals, Seeds, Fuels, Farm Supplies and Repairs, Farm Machinery, Feeder Livestock, Poultry Chicks, Feed Price Ratios ................................................................................................................ (202) 690-3347 Stephen Habets – Prices Received Indexes, Parity Prices ............................................................................. (202) 720-9168 John Stephens– Prices Received Indexes, Parity Prices ................................................................................ (202) 720-8844

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Access to NASS Reports For your convenience, you may access NASS reports and products the following ways:

All reports are available electronically, at no cost, on the NASS web site: www.nass.usda.gov

Both national and state specific reports are available via a free e-mail subscription. To set-up this free

subscription, visit www.nass.usda.gov and click on “National” or “State” in upper right corner above “search”

box to create an account and select the reports you would like to receive.

Cornell’s Mann Library has launched a new website housing NASS’s and other agency’s archived reports. The

new website, https://usda.library.cornell.edu. All email subscriptions containing reports will be sent from the new

website, https://usda.library.cornell.edu. To continue receiving the reports via e-mail, you will have to go to the

new website, create a new account and re-subscribe to the reports. If you need instructions to set up an account or

subscribe, they are located at: https://usda.library.cornell.edu/help. You should whitelist notifications@usda-

esmis.library.cornell.edu in your email client to avoid the emails going into spam/junk folders.

For more information on NASS surveys and reports, call the NASS Agricultural Statistics Hotline at (800) 727-9540,

7:30 a.m. to 4:00 p.m. ET, or e-mail: [email protected].

The U.S. Department of Agriculture (USDA) prohibits discrimination against its customers, employees, and applicants for

employment on the basis of race, color, national origin, age, disability, sex, gender identity, religion, reprisal, and where

applicable, political beliefs, marital status, familial or parental status, sexual orientation, or all or part of an individual's

income is derived from any public assistance program, or protected genetic information in employment or in any program

or activity conducted or funded by the Department. (Not all prohibited bases will apply to all programs and/or

employment activities.)

If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination

Complaint Form (PDF), found online at www.ascr.usda.gov/filing-program-discrimination-complaint-usda-customer, or

at any USDA office, or call (866) 632-9992 to request the form. You may also write a letter containing all of the

information requested in the form. Send your completed complaint form or letter to us by mail at U.S. Department of

Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, by fax

(202) 690-7442 or email at [email protected].

Price Program Links Economics and Prices

http://www.nass.usda.gov/Statistics_by_Subject/Economics_and_Prices/index.php

January 2014 Price Program Update

http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/updates.pdf

January 2015 Price Program Update

http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/update2015.pdf

April 2015 Price Program Update

http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/updateApr2015.pdf

February 2016 Price Program Update

http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/updateFeb2016.pdf

Page 53: Agricultural Prices 01/31/2020 · Agricultural Prices (January 2020) 5 USDA, National Agricultural Statistics Service Prices Received Indexes, 2011 Base – United States: December

The 2020 Agricultural Outlook Forum

“Program at a Glance”

Join us February 20-21, 2020 Crystal Gateway Marriott Hotel Arlington, Virginia

Register Here

For More Information, please contact the Forum Coordinator Mirvat Sewadeh at 202-720-5447