40
Agricultural Prices ISSN: 1937-4216 Released February 28, 2020, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Special Note State level monthly price estimates have been discontinued for grapefruit, lemons, and oranges. United States level price estimates for these crops will continue to be published monthly in the Agricultural Prices report. January Prices Received Index Down 2.2 Percent The January Prices Received Index 2011 Base (Agricultural Production), at 88.7, decreased 2.2 percent from December but increased 2.5 percent from January 2019. At 82.3, the Crop Production Index was down 3.5 percent from last month but up 4.6 percent from the previous year. The Livestock Production Index, at 98.2, increased 1.0 percent from December and 0.4 percent from January last year. Producers received lower prices during January for market eggs, milk, lemons, and oranges but higher prices for lettuce, broilers, cattle, and broccoli. In addition to prices, the indexes are influenced by the volume change of commodities producers market. In January, there was increased monthly movement for corn, soybeans, strawberries, and pistachios and decreased marketing of milk, lettuce, cattle, and hogs. January Prices Paid Index Up 0.2 Percent The January Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 110.3, is up 0.2 percent from December 2019 but down 0.1 percent from January 2019. Higher prices in January for feeder cattle, feeder pigs, interest, and rent more than lower prices for nitrogen, LP gas, herbicides, and mixed fertilizer. Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base United States: January 2020 with Comparisons Index Group January 2019 December 2019 January 2020 (percent) (percent) (percent) Prices received by farmers ......................................................................... Prices paid by farmers ................................................................................ Ratio of prices received to prices paid ........................................................ 86.5 110.4 78 90.7 110.1 83 88.7 110.3 81

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Page 1: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

Agricultural Prices

ISSN: 1937-4216

Released February 28, 2020, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department

of Agriculture (USDA).

Special Note

State level monthly price estimates have been discontinued for grapefruit, lemons, and oranges. United States

level price estimates for these crops will continue to be published monthly in the Agricultural Prices report.

January Prices Received Index Down 2.2 Percent

The January Prices Received Index 2011 Base (Agricultural Production), at 88.7, decreased 2.2 percent from December

but increased 2.5 percent from January 2019. At 82.3, the Crop Production Index was down 3.5 percent from last month

but up 4.6 percent from the previous year. The Livestock Production Index, at 98.2, increased 1.0 percent from December

and 0.4 percent from January last year. Producers received lower prices during January for market eggs, milk, lemons, and

oranges but higher prices for lettuce, broilers, cattle, and broccoli. In addition to prices, the indexes are influenced by the

volume change of commodities producers market. In January, there was increased monthly movement for corn, soybeans,

strawberries, and pistachios and decreased marketing of milk, lettuce, cattle, and hogs.

January Prices Paid Index Up 0.2 Percent

The January Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 110.3,

is up 0.2 percent from December 2019 but down 0.1 percent from January 2019. Higher prices in January for feeder cattle,

feeder pigs, interest, and rent more than lower prices for nitrogen, LP gas, herbicides, and mixed fertilizer.

Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base – United States: January 2020 with Comparisons

Index Group January

2019 December

2019 January

2020

(percent) (percent) (percent)

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

86.5

110.4

78

90.7

110.1

83

88.7

110.3

81

Page 2: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Contents

Prices Received by Farmers .................................................................................................................................................... 4

Prices Received Indexes, 2011 Base – United States: January 2020 with Comparisons ........................................................ 5

Prices Received Indexes, 1910-1914 Base – United States: January 2020 with Comparisons ............................................... 5

Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 .................................. 5

Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 .......................................... 6

Prices Received for Field Crops and Fruits – United States: January 2020 with Comparisons .............................................. 7

Prices Received for Vegetables and Livestock – United States: January 2020 with Comparisons ........................................ 8

Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2020 with Comparisons ............................ 9

Prices Received for Beef Cattle and All Hogs by Month – United States: 2020 with Comparisons ...................................... 9

Prices Received for All Wheat – States and United States: January 2020 with Comparisons .............................................. 10

Prices Received for Winter Wheat – States and United States: January 2020 with Comparisons ........................................ 10

Prices Received for Durum Wheat – States and United States: January 2020 with Comparisons ........................................ 11

Prices Received for Spring Wheat – States and United States: January 2020 with Comparisons ........................................ 11

Prices Received for Oats – States and United States: January 2020 with Comparisons ....................................................... 11

Prices Received for All Barley – States and United States: January 2020 with Comparisons .............................................. 12

Prices Received for Malting Barley – States and United States: January 2020 with Comparisons ...................................... 12

Prices Received for Feed Barley – States and United States: January 2020 with Comparisons ........................................... 12

Prices Received for Sorghum Grain – States and United States: January 2020 with Comparisons ...................................... 13

Prices Received for Corn – States and United States: January 2020 with Comparisons ...................................................... 13

Prices Received for Soybeans – States and United States: January 2020 with Comparisons ............................................... 14

Prices Received for Dry Beans – States and United States: January 2020 with Comparisons ............................................. 14

Prices Received for Peanuts (in shell) – States and United States: January 2020 with Comparisons ................................... 15

Prices Received for Sunflower – States and United States: January 2020 with Comparisons .............................................. 15

Prices Received for Canola – States and United States: January 2020 with Comparisons ................................................... 15

Prices Received for Flaxseed – States and United States: January 2020 with Comparisons ................................................ 15

Prices Received for Upland Cotton and Cottonseed – States and United States: January 2020 with Comparisons ............. 16

Prices Received and Marketings for Upland Cotton and Rice – United States: January 2020 with Comparisons ............... 16

Prices Received for Hay by Type – States and United States: January 2020 with Comparisons ......................................... 17

Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: January 2020 ..................................... 17

Prices Received for Citrus Fruits by Utilization – United States: January 2019 ................................................................... 18

Prices Received for Citrus Fruits by Utilization – States and United States: December 2019 ............................................. 18

Prices Received for Citrus Fruits by Utilization – United States: January 2020 ................................................................... 19

Prices Received for All Milk – States and United States: January 2020 with Comparisons................................................. 20

Prices Received for Milk Cows – States and United States: January 2020 with Comparisons............................................. 20

Commodity Parity Prices and Price as Percent of Parity Price – United States: January 2020 with Comparisons .............. 22

Commodity Parity Prices – United States: January 2020 with Comparisons........................................................................ 23

Marketing Year for Specified Commodities ......................................................................................................................... 25

Cattle Market Year Average Prices Received – United States: Marketing Years 2018 and 2019 ........................................ 25

Hog Market Year Average Prices Received – United States: Marketing Years 2018 and 2019 ........................................... 25

Milk Cow Market Year Average Prices Received – States and United States: Marketing Years 2018 and 2019 ............... 26

Prices Received for Cows, Steers and Heifers, Calves, Beef Cattle, and Milk Cows by Month – United States:

Marketing Years 2018 and 2019 ........................................................................................................................................ 27

Prices Received for Barrows and Gilts, Sows, and All Hogs by Month – United States: Marketing Years

2018 and 2019 .................................................................................................................................................................... 27

Prices Received for Milk Cows by Month – States and United States: 2019 ....................................................................... 28

Prices Received Value per Head and Total Value for All Cattle and Calves – States and United States:

January 1, 2019 and 2020 .................................................................................................................................................. 29

Page 3: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received Value per Head and Total Value for Hogs – States and United States: December 1, 2018

and 2019 ............................................................................................................................................................................ 30

Prices Received Value per Head and Total Value for Sheep and Lambs – States and United States:

January 1, 2019 and 2020 .................................................................................................................................................. 31

Prices Received Value per Head and Total Value for Angora Goats – States and United States: January 1, 2019

and 2020 ............................................................................................................................................................................ 31

Reliability of Prices Received Estimates .............................................................................................................................. 33

Prices Paid by Farmers .......................................................................................................................................................... 34

Prices Paid Indexes and Related Parity Ratios – United States: January 2020 with Comparisons ....................................... 35

Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States:

January 2020 with Comparisons ........................................................................................................................................ 36

Feed Price Ratios – United States: January 2020 with Comparisons ................................................................................... 37

Prices Received Used to Calculate Feed Price Ratios – United States: January 2020 with Comparisons ............................ 37

Prices Paid for Feeder Livestock – United States: January 2020 with Comparisons............................................................ 37

Reliability of Prices Paid Estimates ...................................................................................................................................... 38

Information Contacts ............................................................................................................................................................ 39

Page 4: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

January Prices Received by Farmers

Crop production: The January index, at 82.3, is 3.5 percent lower than December but 4.6 percent higher than

January 2019. The fruit & tree nut, other crop, and greenhouse & nursery index decreases more than offset the vegetable

& melon and grain & oilseed index increases.

Grain and oilseed: The January index, at 67.2, is up 2.0 percent from December and 3.1 percent from January 2019. The

food grain, oilseed, and feed grain indexes all increased.

Feed grain: The January index, at 63.1, increased 2.3 percent from last month and 6.2 percent from a year ago. The corn

price, at $3.79 per bushel, is up 8 cents from last month and up 23 cents from January 2019.

Food grain: At 75.9, the index for January increased 4.3 percent from the previous month but decreased 3.6 percent from

a year ago. The January price for all wheat, at $4.87 per bushel, is 23 cents higher than December but 41 cents lower than

January 2019. The January price for rice, at $13.10 per cwt, is 60 cents higher than December but 40 cents lower than

January 2019.

Oilseed: At 70.8, the index for January increased 1.7 percent from December and 2.0 percent from January 2019. The

soybean price, at $8.84 per bushel, is 14 cents higher than December and 20 cents higher than January a year earlier.

Fruit and tree nut: The January index, at 117.8, is down 2.3 percent from December and 3.3 percent from a year earlier.

Price decreases during January for lemons, oranges, and grapefruit more than offset price increases for pears.

Vegetable and melon: At 184.9, the index for January increased 39.9 percent from the previous month and 58.8 percent

from January 2019. Price increases during January for lettuce, broccoli, carrots, and cauliflower more than offset price

declines for snap beans.

Other crop: The January index, at 80.0, is down 3.0 percent from the previous month and down 5.8 percent from

January 2019. The all hay price, at $155.00 per ton, is $3.00 lower than December and $12.00 lower than January 2019.

At 59.7 cents per pound, the price for upland cotton is 1.8 cents lower than December and 5.7 cents lower than

January 2019.

Livestock production: The index for January, at 98.2, increased 1.0 percent from the previous month and 0.4 percent

from January a year earlier. Compared with a year ago, prices are higher for milk, hogs, turkeys, and cattle. Prices for

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

Meat animal: At 98.5, the January index increased 4.0 percent from the previous month and 1.9 percent from a year

earlier. At $47.80 per cwt, the January hog price is 50 cents higher than December and $3.20 higher than a year earlier.

The January beef cattle price of $122.00 per cwt is $4.00 higher than the previous month and $1.00 higher than

January 2019.

Dairy: The index for January, at 97.5, is down 5.3 percent from the previous month but up 18.0 percent from January a

year ago. The January all milk price of $19.60 per cwt is $1.10 lower than December but $3.00 higher than January 2019.

Poultry and egg: At 98.1, the January index increased 1.2 percent from December but decreased 12.8 percent from

January 2019. The January market egg price, at 45.3 cents per dozen, is 26.2 cents lower than December and 34.4 cents

lower than January 2019. The January broiler price, at 49.0 cents per pound, is 4.0 cents higher than December but

7.0 cents lower than a year ago. At 62.5 cents per pound, the January turkey price is 0.1 cents higher than the previous

month and 11.6 cents higher than January 2019.

Food Commodities: The index, at 96.1, decreased 0.2 percent from the previous month but increased 3.3 percent from

January 2019.

Page 5: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received Indexes, 2011 Base – United States: January 2020 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group

2011 Base

January 2019

December 2019

January 2020

(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 ..................................................................................

86.5 78.7 65.2 59.4 78.7 69.4

121.8 116.4 84.9

97.8 96.7

106.2 67.1 82.6

112.5

93.0

90.7 85.3 65.9 61.7 72.8 69.6

120.6 132.2 82.5

97.2 94.7

103.3 71.1

103.0 96.9

96.3

88.7 82.3 67.2 63.1 75.9 70.8

117.8 184.9 80.0

98.2 98.5

107.0 71.9 97.5 98.1

96.1

Prices Received Indexes, 1910-1914 Base – United States: January 2020 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group

1910 - 1914 Base

January 2019

December 2019

January 2020

(percent) (percent) (percent)

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

892 686

1136

936 744

1128

915 718

1140

Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank data cells indicate estimation period has not yet begun]

Month

2011 Base

Agricultural production

Crop production

Livestock production

Food commodities

2019 2020 2019 2020 2019 2020 2019 2020

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

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

86.5 90.3 93.2 93.7 92.7 93.8 91.4 91.8 88.1 85.9 90.3 90.7

88.7

78.7 85.1 87.7 85.8 85.0 89.9 89.3 89.8 88.9 83.1 85.1 85.3

82.3

97.8 95.2 98.0

100.5 99.2 97.4 93.7 93.8 87.4 90.4 97.1 97.2

98.2

93.0 94.3 97.9 97.7 96.2 96.7 93.5 94.5 90.1 89.2 97.4 96.3

96.1

Page 6: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank data cells indicate estimation period has not yet begun]

Month

2011 Base

All items (PPITW)

Production Crop

sector Livestock

sector

2019 2020 2019 2020 2019 2020 2019 2020

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

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

110.4 110.6 110.7 111.2 110.7 110.1 110.3 109.4 109.0 109.7 109.9 110.1

110.3

107.4 107.5 107.5 108.3 107.5 106.8 106.8 105.6 105.1 105.8 106.2 106.4

106.3

111.6 111.8 111.6 111.6 111.5 111.5 111.7 110.9 110.4 110.8 110.9 111.0

110.7

109.2 109.3 109.7 110.8 109.7 108.7 108.8 107.8 107.6 108.5 108.9 109.1

109.8

Page 7: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for Field Crops and Fruits – United States: January 2020 with Comparisons

Commodity 2011

Base Price January 2019 December 2019 January 2020

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

4.57 3.11 4.71

24.80 16.70 19.50 19.40 19.60 3.56

0.654

170.00 9.85

167.00 179.00 150.00 16.20 2.67

0.227

11.10 13.50 10.90 19.40 5.71 8.64

17.30

5.28 5.25 4.86 5.37 5.04 5.27 5.36 5.53

15.99 22.58 10.10

0.397 (S) (S)

574.00 222.00

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)

4.68 3.27 4.83

35.20 16.00 18.00 18.70 17.00 3.79

0.597

183.00 8.99

155.00 171.00 134.00 19.40 2.93

0.209

9.77 13.10 12.00 16.30 5.75 8.84

19.30

4.87 4.86 4.69 4.91 4.52 5.55 4.88 5.51

10.23 16.14 9.40

0.313 (S) (S)

733.00 229.00

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

Page 8: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for Vegetables and Livestock – United States: January 2020 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 January 2019 December 2019 January 2020

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) 57.90 56.20

(S) 26.50 79.00 52.10 35.70 37.40 33.80 14.20 9.88

53.30

169.00 121.00 54.20

124.00 1,140.00

44.60 45.00 32.30

16.60 4.02

0.560 1.01

0.797 0.509

(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 0.715 0.624

(S) 62.80 99.00

(S) 59.30 97.00 45.90 52.70

(S) 80.50 14.10 14.30

130.00

168.00 122.00 61.40

125.00 1,300.00

47.80 48.60 25.70

19.60 4.03

0.490 0.723 0.453 0.625

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

0.979

101 20.20

100

0.939

108 17.00

98

0.743

125 20.00

103

0.671

108 20.10

98

(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 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2020 with Comparisons [Blank data cells indicate estimation period has not yet begun]

Month All wheat Corn Soybeans

2018 2019 2020 2018 2019 2020 2018 2019 2020

(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 ....

4.65 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

4.87

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

3.79

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

8.84

Prices Received for Beef Cattle and All Hogs by Month – United States: 2020 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

2018 2019 2020 2018 2019 2020

(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 .........

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

122.00

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

47.80

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

Page 10: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for All Wheat – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

(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)

4.77 5.06 5.20 5.46 4.90 5.33 5.57

5.24 5.33 4.74 5.41 5.16 5.17 4.86 5.88 5.27 5.51 5.61

5.28

(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) (D) (D)

4.21 5.16 5.69 5.48 4.34 5.58 4.89

5.39 4.90 4.13 5.94 4.67 5.46 4.59 6.00 4.66 5.02 5.63

4.87

(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: January 2020 with Comparisons State January 2019 December 2019 January 2020

(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)

4.77 5.09 5.20 5.46 4.90 5.33 (D)

5.24

5.14 4.74 5.41 4.37 5.17 4.86 5.87 5.17 5.51 5.58

5.25

(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) (D)

4.21 5.14 5.69 5.48 4.34 5.58 (NA) 5.39

4.77 4.13 5.94 (D)

5.46 4.59 6.00 4.48 5.02 5.59

4.86

(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 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for Durum Wheat – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

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

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

(D) (S) (D)

5.27 4.78

4.86

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

4.06

4.44

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

4.49

4.69

(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: January 2020 with Comparisons

State January 2019 December 2019 January 2020

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

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

(D) 5.00 5.57 5.69 5.22 5.94 5.40 5.79

5.37

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

4.79

(NA) 5.19 4.89 5.05 4.74 (NA) 4.93 5.87

4.91

(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: January 2020 with Comparisons

State January 2019 December 2019 January 2020

(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) 3.82 3.85 (D) (S) (D) (S)

2.44 (S)

4.34 2.71

(S) 3.24

2.67

(S) 3.70

(S) 2.44

(S) (D) (D)

2.60 (S)

4.68 2.72

(S) 2.87

3.19

(D) 4.17 4.24 2.61 (D)

3.35 (D)

2.88 (D) (D)

2.81 (S)

2.97

2.93

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

Page 12: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for All Barley – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

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

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

(D) 4.66 5.00 (D)

4.48 4.18 3.05 (D)

4.57

(D) (D)

5.05 (D)

4.26 4.20 4.99 (D)

4.51

(D) (D)

5.09 4.30 4.54 4.26 5.02 (D)

4.68

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

Prices Received for Malting Barley – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

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

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

(D) 4.66 5.07 (D)

4.52 4.34 (D) (D)

4.71

(D) 4.81 5.16 (D)

4.44 4.66 (D) (D)

4.82

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

4.70 4.48 (D) (D)

4.83

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

Prices Received for Feed Barley – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

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

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

(S) (S)

3.34 (S)

3.00 3.13 2.98

(S)

3.11

(S) (D)

3.39 (S)

2.89 3.49 2.98 (D)

3.32

(S) (S)

3.98 (D)

2.86 3.27 2.92 (D)

3.27

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

Page 13: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for Sorghum Grain – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

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

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

(S) 5.64 (D)

6.72 5.35 5.95 6.05

5.71

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

5.64

(NA) 5.63 (NA) (NA) 5.63 6.09 6.31

5.75

(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.

Prices Received for Corn – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

(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 ..............................................

3.59 3.58 3.76 3.52 3.61 3.85 3.62 3.36 3.69 3.52

4.56 3.20 3.69 4.21 3.31 3.81 4.24 3.42

3.56

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

3.89 3.76 4.08 3.78 3.67 4.11 3.93 3.59 3.90 3.70

4.73 3.21 4.15 4.31 3.56 3.76 4.28 3.66

3.79

Page 14: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for Soybeans – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

(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 ..................................

8.96 8.87 8.94 8.60 8.10 9.06 8.60 8.62 8.58 8.68

8.75 8.33 9.03 8.05 9.03 8.07 8.99 8.48

8.64

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

8.95 9.00 9.20 8.73 8.55 9.22 9.00 9.03 8.44 9.05

8.93 8.53 8.95 8.05 9.39 8.51 9.13 8.63

8.84

Prices Received for Dry Beans – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

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

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

86.00 24.00 25.00 30.30

(D) (D)

22.40

24.80

(D) 41.20

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

31.50

32.00

59.80 (D) (D)

35.10 37.00

(D) 32.70

35.20

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

Page 15: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for Peanuts (in shell) – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

(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 ...................................

0.203 0.076 0.209 0.210 0.045 0.537 0.219 0.223 0.216 0.321 0.225

0.227

0.153 0.081 0.199 0.192 0.064

(S) 0.239 0.260 0.150 0.254

(S)

0.196

0.192 (S)

0.172 0.190 0.064

(S) 0.245 0.241 0.213 0.250 0.216

0.209

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

Prices Received for Sunflower – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

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

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

(D) 18.70 17.60 16.60

17.30

(D) 18.80 18.30 16.80

17.60

19.40 19.80 19.10 19.30

19.30

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

Prices Received for Canola – States and United States: January 2020 with Comparisons

State January 2019 December 2019 January 2020

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

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

(D) 13.50 16.70

(S)

16.70

(D) 14.10 14.40

(S)

14.40

(D) (D)

16.00 (S)

16.00

(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: January 2020 with Comparisons

State January 2019 December 2019 January 2020

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

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

9.85

9.85

8.91

8.91

8.99

8.99

Page 16: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for Upland Cotton and Cottonseed – States and United States: January 2020 with Comparisons [Cottonseed marketing year August - February]

State

Cotton, Upland Cottonseed

January 2019

December 2019

January 2020

January 2019

December 2019

January 2020

(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 .....................

0.667 (D)

0.724 (D)

0.719 0.731 0.701 0.724 0.521 0.636

0.654

0.611 (D)

0.613 (S)

0.643 0.706 0.610 0.632 0.627 0.601

0.615

0.555 (S)

0.620 (S)

0.629 0.635 0.596 0.639 0.586 0.586

0.597

125.00 229.00 140.00

(D) 117.00 180.00 165.00 128.00

(D) 167.00

170.00

115.00 263.00 180.00 295.00 115.00 180.00 160.00 138.00

(D) 172.00

164.00

132.00 270.00

(S) (D)

117.00 180.00

(S) 126.00

(S) 165.00

183.00

(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: January 2020 with Comparisons

Item January 2019 December 2019 January 2020

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

0.654 2,409

13.50 20,261

10.90 14,015

21.50

12.30

19.40 6,246

0.615 2,251

12.50 17,971

11.70 14,335

17.40

11.70

15.70 3,636

0.597 3,142

13.10 19,803

12.00 14,792

17.60

11.60

16.30 5,011

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 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for Hay by Type – States and United States: January 2020 with Comparisons

State

All hay Alfalfa hay Other hay

January 2019

December 2019

January 2020

January 2019

December 2019

January 2020

January 2019

December 2019

January 2020

(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 ..................

200.00 204.00 240.00 166.00 160.00 130.00 153.00 164.00 166.00 154.00

123.00 143.00 109.00 180.00 247.00 168.00 90.00

149.00 105.00 189.00

220.00 110.00 138.00 184.00 185.00 181.00 171.00

167.00

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

195.00 191.00 225.00 153.00 165.00 121.00 128.00 143.00 173.00 145.00

118.00 141.00 98.00

180.00 215.00 174.00 86.00

186.00 96.00

193.00

191.00 105.00 135.00 185.00 183.00 183.00 173.00

155.00

200.00 220.00 240.00 165.00 170.00 135.00 171.00 220.00 175.00 167.00

155.00 145.00 116.00 180.00 260.00 200.00 95.00

185.00 198.00 195.00

241.00 115.00 214.00 185.00 185.00 187.00 175.00

179.00

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

195.00 205.00 225.00 155.00 180.00 130.00 141.00 205.00 190.00 163.00

150.00 140.00 103.00 180.00 220.00 200.00 91.00

220.00 153.00 200.00

228.00 112.00 197.00 185.00 195.00 191.00 180.00

171.00

200.00 165.00 240.00 170.00 130.00 120.00 95.00

150.00 145.00 116.00

115.00 135.00 90.00

180.00 165.00 167.00 68.00

130.00 94.00

180.00

215.00 97.00

126.00 140.00 185.00 158.00 145.00

150.00

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

200.00 155.00 225.00 140.00 125.00 106.00 99.00

125.00 140.00 113.00

110.00 145.00 86.00

175.00 190.00 165.00 62.00

160.00 89.00

180.00

180.00 94.00

128.00 140.00 160.00 144.00 150.00

134.00

Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: January 2020 State January 2019 December 2019 January 2020

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

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

245.00 180.00 180.00 198.00 240.00 309.00 250.00 227.00

221.00

230.00 165.00 200.00 251.00 235.00 280.00 225.00 275.00

200.00

225.00 175.00 210.00 253.00 246.00 289.00 222.00 267.00

210.00

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 December 2019, includes California, Idaho, New York, Texas, and Wisconsin. For January 2020, includes California, Idaho, New York, Texas, and Wisconsin.

Page 18: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for Citrus Fruits by Utilization – United States: January 2019

Commodity 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 .............................................. Lemons ................................................. Oranges ................................................

34.40

44.90

29.10

19.12

28.96

13.21

24.36

34.63

18.87

14.45

(D)

11.32

15.99

22.58

10.10

21.63

27.98

16.01

10.96

(D)

8.13

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

Prices Received for Citrus Fruits by Utilization – States and United States: December 2019

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.

Page 19: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received for Citrus Fruits by Utilization – United States: January 2020

Commodity 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 ............................................. Lemons ................................................ Oranges ................................................

31.20

42.80

27.80

12.46

22.42

12.48

20.43

32.35

17.34

5.20

(D)

10.76

10.23

16.14

9.40

18.35

25.57

14.51

2.84

(D)

7.59

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

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

Prices Received for All Milk – States and United States: January 2020 with Comparisons [Before deduction for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies]

State January 2019 December 2019 January 2020

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

16.30 16.25 17.10 20.30 18.20 15.70 16.50 16.70 16.30 15.70

15.70 16.50 15.00 17.50 17.30 18.70 17.70 17.30 17.00 16.30

17.90 18.40 17.40 16.20

16.60

3.80 4.03 3.87 3.66 3.72 4.09 4.03 4.00 4.05 4.02

3.89 4.13 3.84 3.99 3.99 4.20 3.94 4.33 4.30 4.02

4.04 3.89 4.20 3.99

4.02

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

18.80 19.40 20.00 23.80 21.60 18.60 19.70 19.50 20.50 18.60

18.40 20.30 18.00 19.80 20.10 21.50 20.20 20.70 19.90 19.20

20.30 21.30 19.80 19.40

19.60

3.88 3.97 3.92 3.69 3.80 4.16 4.02 3.99 4.11 4.10

3.90 4.21 3.94 3.99 4.03 4.24 3.99 4.38 4.32 4.11

3.99 3.94 4.24 3.96

4.03

Prices Received for Milk Cows – States and United States: January 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 ........................................... 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

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

Parity Price Overview

Parity prices, based on data from January 2020, 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 2020,

the 10-average includes the years 2010-2019). 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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22 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service

Commodity Parity Prices and Price as Percent of Parity Price – United States: January 2020 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

January 2019

December 2019

January 2020

January 2019

December 2019

January 2020

(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

0.558 1.29

0.433

0.070 0.140 0.023 2.40 3.12 2.39

1.80 0.191

0.149 0.457

0.036 0.495 1.87

19.50 3.11 1.09

0.290 1.07

0.736 1.06 2.07

0.837 1.87

1.010

11.90 0.052 17.30 0.101 5.72

0.066

16.90 39.60 13.00

2.04 4.02

0.680 71.60 96.40 75.70

52.10 5.50

4.14 12.60

1.040 14.90 55.60

598.00 94.70 32.20 8.52

32.80 21.90 32.20 62.10

21.80 55.30 26.90

346.00 1.54

503.00 3.02

168.00 1.950

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

16.70 38.50 12.90

2.09 4.18

0.686 71.60 93.10 71.30

53.70 5.70

4.45 13.60

1.070 14.80 55.80

582.00 92.80 32.50 8.65

31.90 22.00 31.60 61.80

25.00 55.80 30.10

355.00 1.55

516.00 3.01

171.00 1.970

31 34 27

32 29 33 27 20 21

33 39

42 42

38 31 30 28 26 31 31 30 26 27 28

73 41 38

35 36 34 31 27 26

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 24 28 32

29 34 29

29 28 30 24 20 27

37 38

42 47

29 32 29 31 38 28 34 45 26 28 31

41 29 31

34 32 33 22 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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Agricultural Prices (February 2020) 23 USDA, National Agricultural Statistics Service

Commodity Parity Prices – United States: January 2020 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

January 2019

December 2019

January 2020

(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

0.422 3.15 2.64

0.628 2.19 1.75 2.01

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

12.00 97.60 80.20 18.50 66.30 51.20 61.20

5.47 7.51 5.35 5.06 6.74 5.80

598.00

3,580.00 9,260.00 5,920.00

6,360.00

0.947 114.00

4,700.00

4,350.00 2,130.00 3,110.00 2,160.00 3,140.00

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

12.60 94.00 78.80 18.70 65.30 52.20 60.00

5.58 7.67 5.49 5.16 6.83 6.00

606.00

3,820.00 9,340.00 5,910.00

6,270.00

0.895 106.00

5,490.00

4,390.00 2,260.00 3,130.00 2,340.00 3,310.00

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

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

Commodity Parity Prices – United States: January 2020 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

January 2019

December 2019

January 2020

(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

4.91 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

2,030.00 5,060.00

285.00 107.00

151.00 104.00

7.16 6,980.00

7.04 7,010.00

82.50 136.00 58.60 59.80 71.90 41.70

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

1.34

3,070.00 1,290.00

1,170.00

1,910.00

2,220.00 5,310.00

293.00 112.00

147.00 104.00

7.55 7,070.00

7.28 7,040.00

84.10 139.00 61.20 60.90 75.20 42.10

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

Market Year for Specified Commodities

Cattle ……………………………………………………………………………………………... January1 – December 31

Milk Cows ………………………………………………………………………………………... January1 – December 31

Hogs …………………………………………………………………………………………… December 1 – November 30

Cattle Market Year Average Prices Received – United States: Marketing Years 2018 and 2019 [All beef includes steer and heifers combined and cows. Cows include beef cows and cull dairy cows sold for slaughter. Milk cow prices are calendar year average of quarterly estimates.]

Year Cows Steers

and heifers

Calves Beef cattle Milk cows

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

2018 ............................ 2019 ............................

63.50 62.00

117.00 118.00

170.00 159.00

115.00 116.00

1,360.00 1,200.00

Hog Market Year Average Prices Received – United States: Marketing Years 2018 and 2019

Year Barrows and gilts Sows All

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

2018 .................................. 2019 ..................................

50.50 51.70

41.30 41.10

50.20 51.40

Page 26: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Milk Cow Market Year Average Prices Received – States and United States: Marketing Years 2018 and 2019

State 2018 2019

(dollars per head) (dollars per head)

Alabama ............................................................. Alaska ................................................................. Arizona ............................................................... Arkansas ............................................................. California ............................................................ Colorado ............................................................. Connecticut ......................................................... Delaware ............................................................ Florida ................................................................. Georgia ............................................................... Hawaii ................................................................. Idaho ................................................................... Illinois .................................................................. Indiana ................................................................ Iowa .................................................................... Kansas ................................................................ Kentucky ............................................................. Louisiana ............................................................ Maine .................................................................. Maryland ............................................................. Massachusetts .................................................... Michigan ............................................................. Minnesota ........................................................... Mississippi .......................................................... Missouri .............................................................. Montana .............................................................. Nebraska ............................................................ Nevada ............................................................... New Hampshire .................................................. New Jersey ......................................................... New Mexico ........................................................ New York ............................................................ North Carolina ..................................................... North Dakota ....................................................... Ohio .................................................................... Oklahoma ........................................................... Oregon ................................................................ Pennsylvania ...................................................... Rhode Island ....................................................... South Carolina .................................................... South Dakota ...................................................... Tennessee .......................................................... Texas .................................................................. Utah .................................................................... Vermont .............................................................. Virginia ................................................................ Washington ......................................................... West Virginia ....................................................... Wisconsin ........................................................... Wyoming ............................................................. United States ......................................................

1,280 1,700 1,540 1,260 1,330 1,500 1,480 1,260 1,420 1,370

1,850 1,490 1,320 1,260 1,290 1,500 1,180 1,380 1,300 1,320

1,310 1,330 1,240 1,380 1,150 1,410 1,490 1,480 1,370 1,300

1,560 1,250 1,330 1,300 1,200 1,330 1,560 1,270 1,410 1,280

1,380 1,370 1,510 1,450 1,430 1,210 1,430 1,290 1,310 1,390

1,360

1,080 2,080 1,340 1,040 1,230 1,240 1,070 1,000 1,230 1,230

1,360 1,280 1,170 1,140 1,160 1,300 1,030 1,170 1,070 1,140

1,110 1,230 1,090 1,180 1,000 1,290 1,170 1,280 1,220 1,030

1,280 1,140 1,070 1,080 1,040 1,140 1,300 1,120 1,050 1,130

1,180 1,060 1,300 1,140 1,190 1,040 1,240

990 1,180 1,230

1,200

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

Prices Received for Cows, Steers and Heifers, Calves, Beef Cattle, and Milk Cows by Month – United States: Marketing Years 2018 and 2019 [All beef includes steer & heifers combined and cows. Cows include beef cows and cull dairy cows sold for slaughter. Milk cow prices are calendar year average. Quarterly United States milk cow prices are based on revised milk cow inventory.]

Month Cows

Steers and

heifers Calves Beef cattle Milk cows

2018 2019 2018 2019 2018 2019 2018 2019 2018 2019

(dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

head) (dollars per

head)

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

63.30 65.60 68.90 67.50 66.20 66.30 66.80 63.00 60.80 57.80 52.70 51.80

54.20 58.90 62.80 61.30 65.60 65.90 67.00 68.30 65.60 60.90 57.70 59.30

123.00 127.00 127.00 122.00 122.00 113.00 112.00 112.00 110.00 112.00 115.00 119.00

124.00 126.00 129.00 128.00 122.00 115.00 113.00 112.00 104.00 109.00 115.00 120.00

174.00 180.00 175.00 170.00 165.00 158.00 153.00 160.00 169.00 174.00 169.00 166.00

169.00 170.00 170.00 174.00 148.00 149.00 144.00 142.00 144.00 154.00 158.00 159.00

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

1,520.00 (NA) (NA)

1,360.00 (NA) (NA)

1,320.00 (NA) (NA)

1,230.00 (NA) (NA)

1,140.00 (NA) (NA)

1,140.00 (NA) (NA)

1,230.00 (NA) (NA)

1,310.00 (NA) (NA)

(NA) Not available.

Prices Received for Barrows and Gilts, Sows, and All Hogs by Month – United States: Marketing Years 2018 and 2019 [December preceding year]

Month Barrows and gilts Sows All hogs

2018 2019 2018 2019 2018 2019

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

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

48.80 52.90 54.60 50.00 45.50 51.80 59.80 59.20 44.70 43.70 50.80 46.30

43.60 45.00 43.60 46.50 59.70 62.30 60.00 57.40 59.30 48.30 49.70 48.20

41.80 40.40 54.50 47.70 40.20 43.50 42.00 43.60 34.00 28.60 35.20 43.30

38.00 32.30 36.20 43.90 50.60 61.80 47.50 35.60 38.30 31.90 33.10 41.90

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

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

Prices Received for Milk Cows by Month – States and United States: 2019 [Cows sold for dairy herd replacement. Quarterly United States milk cow prices are based on revised milk cow inventory.]

State January

2019 April 2019

July 2019

October 2019

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

Arizona ................................ California ............................. Colorado .............................. Florida .................................. Georgia ................................ 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

1,300 1,100 1,200 1,200 1,200 1,200 1,170 1,100 1,090 1,300

1,180 1,060 1,200 1,090 1,000 1,200 1,090 1,170 1,250 1,100

1,120

980 1,150 1,130

1,140

1,350 1,300 1,250 1,220 1,260 1,300 1,200 1,150 1,180 1,300

1,250 1,100 1,250 1,180 1,050 1,300 1,160 1,170 1,300 1,100

1,250 1,070 1,250 1,210

1,230

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

Page 29: Agricultural Prices 02/28/2020 · 4 Agricultural Prices (February 2020) USDA, National Agricultural Statistics Service January Prices Received by Farmers Crop production: The January

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

Prices Received Value per Head and Total Value for All Cattle and Calves – States and United States: January 1, 2019 and 2020

State Value per head Total value

2019 2020 2019 2020

(dollars) (dollars) (1,000 dollars) (1,000 dollars)

Alabama ......................... Alaska ............................ Arizona ........................... Arkansas ........................ California ........................ Colorado ......................... Connecticut .................... Delaware ........................ Florida ............................ Georgia .......................... Hawaii ............................ Idaho .............................. Illinois ............................. Indiana ........................... Iowa ................................ Kansas ........................... Kentucky ......................... Louisiana ........................ Maine ............................. Maryland ......................... Massachusetts ................ Michigan ......................... Minnesota ....................... Mississippi ...................... Missouri .......................... Montana ......................... Nebraska ........................ Nevada ........................... New Hampshire .............. New Jersey ..................... New Mexico .................... New York ........................ North Carolina ................ North Dakota .................. Ohio ................................ Oklahoma ....................... Oregon ........................... Pennsylvania .................. Rhode Island .................. South Carolina ................ South Dakota .................. Tennessee ...................... Texas ............................. Utah ................................ Vermont .......................... Virginia ........................... Washington .................... West Virginia .................. Wisconsin ....................... Wyoming ........................ United States ..................

840 1,280

940 890 980

1,110 1,070

980 1,000

950

700 1,050 1,020

920 1,130 1,070

850 950 980 930

920 950 940 860 970

1,310 1,210 1,180

980 1,100

1,010

990 730

1,340 860

1,010 1,090

910 1,180

820

1,240 890 990

1,150 1,000

860 930 870 950

1,260

1,031

830 1,370

940 870

1,020 1,130

930 850 940 890

800

1,060 1,040

920 1,100 1,050

830 920 900 910

860 960 960 860 970

1,300 1,170 1,190

910 1,000

1,050

980 740

1,330 890 990

1,140 920

1,070 840

1,230

850 970

1,180 990 870

1,030 900 930

1,250

1,024

1,092,000 20,480

958,800 1,584,200 5,047,000 3,163,500

50,290 14,700

1,680,000 1,016,500

99,400

2,625,000 1,213,800

809,600 4,463,500 6,848,000 1,810,500

760,000 76,440

183,210

34,040 1,102,000 2,180,800

774,000 4,122,500 3,275,000 8,228,000

554,600 32,340 33,000

1,494,800 1,435,500

584,000 2,452,200 1,126,600 5,353,000 1,427,900 1,456,000

5,546 287,000

5,022,000 1,602,000

12,870,000 931,500 255,000

1,238,400 1,097,400

339,300 3,277,500 1,638,000

97,746,846

1,087,300 23,290

911,800 1,513,800 5,304,000 3,164,000

45,570 12,750

1,579,200 979,000

112,000

2,639,400 1,144,000

772,800 4,290,000 6,772,500 1,767,900

717,600 72,000

162,890

29,240 1,104,000 2,188,800

791,200 4,219,500 3,250,000 7,956,000

571,200 29,120 28,000

1,522,500 1,440,600

599,400 2,527,000 1,148,100 5,148,000 1,459,200 1,407,600

4,601 285,600

4,797,000 1,538,500

12,610,000 967,600 247,500

1,261,500 1,236,000

355,500 3,208,500 1,650,000

96,653,561

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

Prices Received Value per Head and Total Value for Hogs – States and United States: December 1, 2018 and 2019

State Value per head Total value

2018 2019 2018 2019

(dollars) (dollars) (1,000 dollars) (1,000 dollars)

Alabama ................................................. Alaska ..................................................... Arizona ................................................... Arkansas ................................................. California ................................................ Colorado ................................................. Connecticut ............................................. Delaware ................................................ Florida ..................................................... Georgia ................................................... Hawaii ..................................................... Idaho ....................................................... Illinois ...................................................... Indiana .................................................... Iowa ........................................................ Kansas .................................................... Kentucky ................................................. Louisiana ................................................ Maine ...................................................... Maryland ................................................. Massachusetts ........................................ Michigan ................................................. Minnesota ............................................... Mississippi .............................................. Missouri .................................................. Montana .................................................. Nebraska ................................................ Nevada ................................................... New Hampshire ...................................... New Jersey ............................................. New Mexico ............................................ New York ................................................ North Carolina ......................................... North Dakota ........................................... Ohio ........................................................ Oklahoma ............................................... Oregon .................................................... Pennsylvania .......................................... Rhode Island ........................................... South Carolina ........................................ South Dakota .......................................... Tennessee .............................................. Texas ...................................................... Utah ........................................................ Vermont .................................................. Virginia .................................................... Washington ............................................. West Virginia ........................................... Wisconsin ............................................... Wyoming ................................................. United States ..........................................

112 221 115 110 145 110 145 110 110 100

170 110 97 97 96

100 95

112 120 120

105 95 97

108 99

113 100 121 115 120

115 105 91

103 107 120 115 95

120 96

100 91

115 105 135 94

115 112 97

105

98

110 220 110 105 145 105 145 110 112 100

170 110 102 102 102 100 93

110 120 120

105 99

102 106 103 113 103 120 115 120

115 105 96

100 104 116 115 100 120 95

102 93

114 105 135 96

115 105 101 110

102

3,696 420

19,550 14,300 14,645 82,500

537 715

1,430 7,200

1,530 3,520

523,800 412,250

2,265,600 205,000 27,075

672 528

2,280

840 112,100 882,700 20,520

361,350 21,696

355,000 726 403

1,020

150 4,830

837,200 14,935

272,850 264,000

1,035 124,450

204 20,160

175,000 20,475

127,650 74,550

500 32,430 1,955

448 31,040 9,240

7,356,703

3,960 418

17,710 12,285 15,370 78,750

580 770

1,120 6,200

1,870 3,850

545,700 438,600

2,529,600 214,000 40,455

660 552

2,400

840 120,780 938,400 20,140

334,750 23,730

386,250 600 391 900

230

5,565 883,200 14,200

291,200 263,320

1,265 131,000

192 18,525

202,980 23,250

128,820 100,800

486 32,640 1,955

315 36,865 10,340

7,888,779

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

Prices Received Value per Head and Total Value for Sheep and Lambs – States and United States: January 1, 2019 and 2020

State

Sheep and lambs

Value per head Total value

2019 2020 2019 2020

(dollars) (dollars) (1,000 dollars) (1,000 dollars)

Arizona ............................................ California ......................................... Colorado .......................................... Idaho ............................................... Illinois .............................................. Indiana ............................................ Iowa ................................................. Kansas ............................................ Kentucky .......................................... Michigan .......................................... Minnesota ........................................ Missouri ........................................... Montana .......................................... Nebraska ......................................... Nevada ............................................ New England 1 ................................. New Mexico ..................................... New York ......................................... North Carolina ................................. North Dakota ................................... Ohio ................................................. Oklahoma ........................................ Oregon ............................................ Pennsylvania ................................... South Dakota ................................... Tennessee ....................................... Texas .............................................. Utah ................................................. Virginia ............................................ Washington ..................................... West Virginia ................................... Wisconsin ........................................ Wyoming ......................................... Other States 2 .................................. United States ...................................

174 205 202 201 228 235 231 223 199 197

213 185 207 227 230 239 191 211 194 196

223 231 193 202 208 209 181 217 197 205

192 215 209

185

203

169 210 205 207 227 239 229 218 195 199

209 187 210 224 230 234 187 216 196 200

228 233 197 207 211 207 183 212 202 199

187 214 215

190

205

20,010 112,750 84,840 44,220 12,084 14,100 35,343 16,056 12,736 16,942

26,625 18,500 44,505 17,025 14,490 11,472 19,100 16,880 5,626

14,112

26,983 11,550 33,775 19,190 53,040 10,032

135,750 62,930 15,563 10,250

6,144

16,125 73,150

29,600

1,061,498

17,745 119,700 87,125 47,610 12,485 13,623 34,579 15,914 12,090 16,915

24,035 18,700 42,000 17,472 14,950 12,168 17,765 18,792 5,880

15,000

28,728 12,116 32,505 19,872 52,750 10,143

134,505 60,420 14,746 9,950

6,171

17,334 73,100

29,450

1,066,338

1 New England includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. 2 Individual State estimates not available for States not shown, but are included in Other States.

Prices Received Value per Head and Total Value for Angora Goats – States and United States: January 1, 2019 and 2020

State

Angora goats

Value per head Total value

2019 2020 2019 2020

(dollars) (dollars) (1,000 dollars) (1,000 dollars)

Arizona ............................................ California ......................................... New Mexico ..................................... Texas .............................................. 4-State average ...............................

120.00 100.00 109.00 140.00

131.80

114.00 (NA)

115.00 140.00

132.70

3,240 300 981

10,500

15,021

2,394 (NA)

1,035 10,500

13,929

(NA) Not available.

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

Other Hay Baled Market Year Average Prices Received – Selected Regions: 2015-2017, 2016-2018, and 2017-2019 Averages [Prices provided to the Forest Service, United States Department of Agriculture to compute Eastern National Forest grazing fees]

Region 3-year average

2015-2017 2016-2018 2017-2019

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

Appalachia 1 ........................................................ Corn Belt 2 .......................................................... Florida ................................................................. Lake States 3 ....................................................... Northeast 4 .......................................................... Southeast/Delta 5 ................................................

115.10 93.00

155.30 76.20

169.70 101.10

120.10 98.90

156.60 89.00

156.80 99.70

121.70 110.50 152.90 110.20 159.30 99.90

1 Kentucky, North Carolina, Tennessee, Virginia, and West Virginia. 2 Illinois, Indiana, Missouri, and Ohio. 3 Michigan, Minnesota, and Wisconsin. 4 Maine, New Hampshire, New York, Pennsylvania, and Vermont. 5 Alabama, Arkansas, Georgia, Louisiana, Mississippi, and South Carolina.

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Agricultural Prices (February 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.

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

January Prices Paid by Farmers

The January Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 110.3,

is up 0.2 percent from December 2019 but down 0.1 percent from January 2019.

Production: The January index, at 106.3, is down 0.1 percent from December and 1.0 percent from last year. Lower

prices for nitrogen, LP gas, herbicides, and mixed fertilizer more than offset higher prices for feeder cattle, feeder pigs,

interest, and rent.

Feed: At 102.5, the January index increased 0.2 percent from December and 0.7 percent from last January. Since

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

supplements and hay and forages.

Livestock and poultry: The January index, at 106.8, increased 4.1 percent from December and 0.8 percent from

last year. Since December, higher prices for feeder cattle and feeder pigs more than offset lower prices for milk

cows. The January feeder cattle price, at $148.00 per cwt, is up $5.00 per cwt from the December. The January

feeder pigs price, at $160.00 per cwt, is up $24.00 per cwt from the previous month.

Fertilizer: The index for January, at 60.2, is down 3.5 percent from December and 14 percent from January a

year ago. Since December, prices for nitrogen, mixed fertilizer, and potash and phosphate are low.

Chemicals: The January index, at 96.5, is down 1.2 percent from December and 6.7 percent from last January.

Fuels: At 66.7, the January index is down 2.1 percent from December and 0.4 percent from January 2019.

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

Machinery: The index for January, at 128.9, increased 0.6 percent from December and 3.5 percent from last

January. Compared with last month, prices are higher for self-propelled machinery but lower for other machinery.

Consumer Price Index: The January 2020 Consumer Price Index for All Urban Consumers (CPI-U), as issued by the

Bureau of Labor Statistics, increased 2.5 percent over the last 12 months to an index level of 257.971 (1982-1984=100).

For the month, the index increased 0.4 percent prior to seasonal adjustment.

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

Prices Paid Indexes and Related Parity Ratios – United States: January 2020 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

January 2019

December 2019

January 2020

January 2019

December 2019

January 2020

(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) .......................

2989 2235 1121 2092 3885 841 929

1873 1347

3256 7607 2741 2474 (NA) (NA)

4205 7000 9574 2391

3108

2979 2215 1127 2025 3800 751 878

1905 1358

3244 7828 2742 2470 (NA) (NA)

4205 7000 9612 2441

3086

2984 2213 1130 2108 3800 725 866

1866 1360

3264 7880 2755 2480 (NA) (NA)

4307 7095 9612 2451

3089

110.4 107.4 101.8 106.0 118.2 69.8

103.4 67.0

114.2

105.9 124.5 117.8 (NA)

116.5 116.5

115.3 117.9 133.7 111.9

110.2

110.1 106.4 102.3 102.6 115.6 62.4 97.7 68.1

115.2

105.5 128.1 117.9 (NA)

116.2 116.5

115.3 117.9 134.2 114.3

109.4

110.3 106.3 102.5 106.8 115.6 60.2 96.5 66.7

115.3

106.2 128.9 118.4 (NA)

116.2 117.8

118.1 119.5 134.2 114.7

109.6

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

(NA) 30 32

1682

(NA) 31 33

1689

(NA) 31 32

1704

78 (NA) (NA)

(NA)

83 (NA) (NA)

(NA)

81 (NA) (NA)

(NA)

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

111.6 109.2

111.0 109.1

110.7 109.8

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

106.4 107.9

105.1 107.2

106.4 106.3

(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.

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

Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States: January 2020 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)

2019 2020 January

2019 December

2019 January

2020

(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 ...................................................

73.2

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

72.9

13.3 1.9 6.5 1.7 2.1 1.1 9.2 7.2 0.7 0.7 0.6

5.1 4.6 0.5 5.1 2.2 2.1 0.7 3.5 2.2 0.8 0.5

3.2 2.0 0.7 0.5 4.6 1.5 3.0 1.2 0.2 1.1

4.7 1.0 1.9 1.8 4.0

11.9 1.2

10.7 7.1 3.8 3.3

2.6 3.1 7.4

14.0

107.4

101.8 59.9

106.2 111.0 111.6 114.6 106.0 106.8 125.0 80.3

104.3

118.2 116.9 131.0 69.8 71.8 69.2 65.6

103.4 104.0 103.7 100.2

67.0 67.2 62.5 71.5

114.2 114.6 114.0 105.9 100.5 106.8

124.5 110.4 130.3 126.5 117.8 116.5 118.4 116.3 116.5 123.3 108.6

115.3 117.9 133.7 111.9

106.4

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 55.1

115.2 116.2 114.7 105.5 100.1 106.4

128.1 109.3 137.0 129.6 117.9 116.2 118.4 115.9 116.5 123.3 108.6

115.3 117.9 134.2 114.3

106.3

102.5 63.3

109.0 103.1 111.8 113.7 106.8 107.8 114.3 91.5

104.3

115.6 114.0 131.8 60.2 65.9 58.4 47.6 96.5 97.0 96.5 93.9

66.7 70.1 71.9 47.6

115.3 116.4 114.7 106.2 100.8 107.0

128.9 109.3 139.4 129.3 118.4 116.2 118.4 116.0 117.8 124.7 109.7

118.1 119.5 134.2 114.7

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

Feed Price Ratios – United States: January 2020 with Comparisons

Feed price ratio 1 January 2019 December 2019 January 2020

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 ..............................................................

5.8

9.5

12.5

2.06

34.8

5.6

4.5

8.3

12.7

2.55

32.3

6.9

4.8

5.2

12.6

2.41

33.0

6.7

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: January 2020 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agriculture Marketing Service]

Item January 2019 December 2019 January 2020

(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

0.560 0.797

44.60 16.60

124.00 0.509

3.56

179.00

8.64 5.28

0.450 0.715

47.30 20.70

120.00 0.624

3.71

175.00

8.70 4.64

0.490 0.453

47.80 19.60

125.00 0.625

3.79

171.00

8.84 4.87

Prices Paid for Feeder Livestock – United States: January 2020 with Comparisons [Price data source is United States Department of Agriculture's Agriculture Marketing Service]

Item January 2019 December 2019 January 2020

(dollars) (dollars) (dollars)

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

146.00 175.00

143.00 136.00

148.00 160.00

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38 Agricultural Prices (February 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 (February 2020) 39 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 Chris Hawthorn, Head, Field Crops Section .................................................................................................... (202) 720-2127 Chris Hawthorn – Corn, Flaxseed, Proso Millet ............................................................................................ (202) 720-2127 James Johanson – County Estimates, Hay ..................................................................................................... (202) 690-8533 Jeff Lemmons – Oats, Soybeans .................................................................................................................... (202) 690-3234 Chris Hawthorn – Peanuts, Rice .................................................................................................................... (202) 720-2127 Irwin Anolik – Crop Weather ........................................................................................................................ (202) 720-7621 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 ..................................... (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 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 Krishna Rizal – Dry beans, Garlic, Hazelnuts, Honeydews, Kiwifruit, Lettuce, Maple Syrup, Mint, Pears, Sweet Cherries, Tart Cherries, Tomatoes ................................................................................ (202) 720-2157 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 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

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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