Agricultural Prices - Cornell University...2005/10/31 · October 2005 5 NASS, USDA Index Numbers of Prices Received, United States, October 2005, with Comparisons Index 1910-14=100

Pr 1 (10-05)

Washington, D.C.

AgriculturalPrices

Released October 31, 2005, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department ofAgriculture. For information on Agricultural Prices see page 70, office hours 7:30 a.m. to 4:00 p.m. ET.

October Farm Prices Received Index Decreased 7 Points From Last Month

The preliminary All Farm Products Index of Prices Received by Farmers in October, at 110, based on1990-92=100, decreased 7 points (6.0 percent) from September. The Crop Index is down 11 points(9.8 percent) while the Livestock Index is unchanged. Producers received lower commodity prices forbroilers, corn, eggs, and soybeans. Higher prices were received for cattle, sweet corn, wheat, and turkeys. The overall index is also affected by the seasonal change based on a 3-year average mix of commodities aproducer sells. Decreased average marketings of dairy, sweet corn, grapes, and wheat offset increasedmarketings of soybeans, corn, cotton, and cottonseed.

Preliminary All Farm Products Index is down 4 points (3.5 percent) from October 2004. The FoodCommodities Index, at 115, decreased 6 points (5.0 percent) from last month and 3 points (2.5 percent) fromOctober 2004.

Prices Paid Index Increased 1 Point

The October Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates(PPITW) is 143 percent of the 1990-92 average. The index increased 1 point (0.7 percent) from Septemberand 7 points (5.1 percent) above October 2004. Higher prices in October for feeder cattle, diesel fuel, LP gas,and feeder pigs offset lower prices for feed concentrates, complete feeds, feed grains, and gasoline.

Index Summary Table

Index1990-92=100

2004 2005

Sep Oct Sep Oct

Prices Received

Prices Paid

Ratio 1

116

135

86

114

136

84

117

142

82

110

143

77 1 Ratio of index of prices received by farmers to index of prices paid by farmers.

Agricultural Prices Agricultural Statistics BoardOctober 2005 2 NASS, USDA

Prices Received by Farmers

The October All Farm Products Index is 110 percent of its 1990-92 base, down 6.0 percent from the Septemberindex and 3.5 percent below the October 2004 index.

ALL CROPS: The October index is 101, down 9.8 percent from September and 9.0 percent below October 2004. From September, index decreases for commercial vegetables and feed grains & hay more than offset the indexincreases for cotton and food grains.

Food Grains: The October index, at 115, is 3.6 percent above the previous month and 0.9 percent above a yearago. The October all wheat price, at $3.54 per bushel, is up 19 cents from September and up 11 cents fromOctober 2004.

Feed Grains & Hay: The October index is 83, down 12 percent from last month and 14 percent below a year ago. The corn price, at $1.74 per bushel, is down 16 cents from last month and 40 cents below October 2004. The allhay price, at $97.70 per ton, is down $1.30 from September but up $4.90 from last October. Grain sorghum, at$2.98 per cwt, is 43 cents below September and down 19 cents from October last year.

Oil-Bearing Crops: The October index, at 93, is unchanged from September but 4.1 percent lower thanOctober 2004. The soybean price, at $5.44 per bushel, decreased 33 cents from September and is 12 cents belowOctober 2004.

Cotton: The October index, at 77, is up 5.5 percent from September but 7.2 percent below last year. The Octoberprice, at 46.9 cents per pound, is up 2.6 cents from the previous month but 3.7 cents below last October.

Potatoes & Dry Beans: The October index, at 95, is down 8.7 percent from last month but 6.7 percent aboveOctober 2004. The all potato price, at $5.62 per cwt, is down 54 cents from September but up 92 cents from lastOctober. The all dry bean price, at $17.00 per cwt, is down $1.00 from the previous month and $7.50 belowOctober 2004.

Fruits & Nuts: The October index, at 151, is down 0.7 percent from September and 4.4 percent lower than a yearago. Price decreases for strawberries, grapes, and lemons more than offset a price increase for oranges.

Commercial Vegetables: The October index, at 114, is down 14 percent from last month and 31 percent belowOctober 2004. Price decreases during October for snap beans and tomatoes more than offset a price increase forsweet corn.

LIVESTOCK & PRODUCTS: The October index, at 122, is unchanged from last month but up 3.4 percentabove October 2004. Compared with a year ago, prices are lower for dairy and hogs and higher for cattle, broilers,calves, turkeys, and eggs.

Meat Animals: The October index, at 122, is up 2.5 percent last month and 3.4 percent higher than last year. TheOctober hog price, at $48.80 per cwt, is down 70 cents from September and $3.40 lower than a year ago. TheOctober beef cattle price of $90.80 is up $2.60 from last month and $4.30 higher than October 2004.

Dairy Products: The October index, at 118, is up 0.9 percent from a month ago but 0.8 percent lower thanOctober last year. The October all milk price of $15.40 is up 10 cents from last month but down 20 cents fromOctober 2004. The fluid grade milk price and the manufactured grade milk price is up 10 cents from the previousmonth.

Poultry & Eggs: The October index, at 125, is down 6.7 percent from September but 9.6 percent above a year ago. October market egg prices, at 31.4 cents per dozen, decreased 15.1 cents from September but 0.8 cent aboveOctober 2004. The October broiler price, at 43.0 cents per pound, was down 3.0 cents from September but4.0 cents above a year ago. The October turkey price, averaging 52.9 cents per pound, is up 2.2 cents from theprevious month and up 4.8 cents from a year earlier.


Table of Contents

U.S. Prices Received and Indexes PageNarrative ........................................................... 2Price Indexes .................................................... 5Price Index Charts ............................................ 6U.S. Prices Received Summary ....................... 10 Charts ............................................................ 12 Selected Commodities .................................. 16 Upland Cotton & Rice Marketings ............... 19Parity Prices .................................................... 26Reliability Statement ...................................... 41

Monthly State Prices ReceivedApples ............................................................ 19Barley ............................................................. 17Beans, Dry Edible ........................................... 18Beef Cattle, All ............................................... 22 Calves ........................................................... 22 Cows, Beef ................................................... 22 Steers and Heifers ......................................... 22Citrus Fruit ..................................................... 20Corn ................................................................ 17

Monthly State Prices, continued PageCotton ............................................................. 19Cottonseed ...................................................... 19Eggs ............................................................... 24Flaxseed .......................................................... 18Grain Sorghum ............................................... 17Hay ................................................................. 19Hogs, All ........................................................ 23 Barrows and Gilts ......................................... 23 Sows ............................................................. 23Milk ................................................................ 25 Milk Cows .................................................... 25Oats ................................................................ 17Peanuts ........................................................... 18Potatoes .......................................................... 21Sheep .............................................................. 24 Lambs ........................................................... 24Soybeans ......................................................... 17Sunflower, All ................................................ 18Tobacco .......................................................... 18Wheat, All Classes .......................................... 16

Prices Received Special Features Page

Marketing Year for Specified Commodities ..................................................................................................... 28

Monthly Prices Received, Monthly Farm Marketings, and Marketing Year Average Prices Austrian Winter Peas .......................................................................................................................................... 33 Cotton ................................................................................................................................................................. 28 Dry Edible Peas .................................................................................................................................................. 33 Lentils ................................................................................................................................................................. 33

Index Revisions: U.S., All Groups, Monthly and Annual Average, 1999-2003 .................................................. 34


Table of Contents (continued)

U.S. Prices Paid, Prices Paid Indexes and Ratios Page

Narrative ........................................................................................................................................................ 43Indexes and Parity Ratios ............................................................................................................................... 44Charts ............................................................................................................................................................ 46Feed Price Ratios ........................................................................................................................................... 49Reliability Statement ..................................................................................................................................... 69

U.S. Average Prices

Prices Used to Calculate Feed Price Ratios .................................................................................................... 49Feeder Livestock ............................................................................................................................................ 49

Special Features Index of Prices Paid: 1910-14=100 and 1990-92=100 Monthly and Annual Average, United States, 1999-2003 ............................................................................................................................... 50PPITW, PITW, Production Items ................................................................................................................... 50Index Component Items, Interest, Taxes, Wage Rates, Farm and Non Farm Origin ...................................... 51Ratios ............................................................................................................................................................. 59Crop Sector, Livestock Sector, and PPITW adjusted for Productivity ........................................................... 60Index Sub-Components (1990-92=100): Monthly and Annual Averages ....................................................... 61

Information Contacts .................................................................................................................................. 70


Index Numbers of Prices Received, United States,October 2005, with Comparisons

Index

1910-14=100 1990-92=100

Average1990-92

2004 2005 2004 2005

Oct Sep Oct Oct Sep Oct

All Farm Products

All Crops Food Grains Feed Grains & Hay Cotton Tobacco 1

Oil-Bearing Crops Fruits & Nuts Commercial Vegetables Potatoes & Dry Beans Other Crops

Livestock & Products Meat Animals Dairy Products Poultry & Eggs

Food Commodities

639

500325363517

1,263554716698540493

7681,021

799282

723

548363345428

1,661529

1,1031,102

450569

9021,203

959322

*741

*550 *353 *336 *374

*5111,065 *889 *525

578

*937 *1,207

*940 *359

700

500366296396

5121,052

760483578

9341,239

946334

114

111114

9683

11097

158165

89115

118118119114

118

*117

*112 *111

*94 *73

*93 *152 *133 *104

117

*122 *119 *117

134

121

110

101115

8377

93151114

95117

122122118125

115

* Revised. 1 Monthly prices discontinued July 2005.

Selected Index Numbers for Prices Received and Paid,1990-92=100, by Month, United States, 2004 and 2005

Month

Index of Prices Received Index of Prices Paid

All FarmProducts

AllCrops

Livestockand

Products

AllItems

ProductionItems

2004 2005 2004 2005 2004 2005 2004 2005 2004 2005

JanFebMarAprMayJunJulAugSepOctNovDec

112117122125129128124120116114115111

112114119122120120118117117110

114122122124124123120119114111112104

103107117122118122117116112101

110112122126133133128122118118119120

121119121122122118118117122122

130131132133135135135135135136135134

137137139139139140141141142143

127127129131133133133133133134133132

134134136138138139140140141142


Prices Received, United States,October 2005, with Comparisons

Commodity Unit Average1990-92

Entire Month Preliminary

Oct2004

Sep2005

Oct2005

Dollars Dollars Dollars Dollars

Field Crops

Barley, All Feed Malting Beans, Dry Edible Chickpeas, All Large Small Corn Cotton, Upland Cottonseed 3

Flaxseed Hay, All, Baled 1

Alfalfa 1

Other 1

Lentils Oats Peanuts, In-Shell Peas, Dry Edible Austrian Winter Potatoes

Rice, Rough Sorghum Grain Soybeans Sunflower, All Tobacco, Types 11-37 6

Wheat, All Winter Durum Other Spring Hard Red Winter Soft Red Winter Hard Red Spring White

Fruit

Citrus, Equiv on-tree Grapefruit Lemons Oranges Tangelos Tangerines Temples

Noncitrus, Fresh Apples 2

Grapes 2

Peaches 2

Pears 2

Strawberries

BuBuBuCwtCwtCwtCwtBuLbTon

BuTonTonTonCwtBuLbCwtCwtCwt

CwtCwtBuCwtLb

BuBuBuBuBuBuBuBu

BoxBoxBoxBoxBoxBox

LbTonTonTonCwt

2.121.902.43

19.10

2.300.606

96.00

4.2776.3077.2060.00

1.220.304

5.82

7.073.755.619.501.740

2.962.932.863.11

3.24

5.7710.105.795.82

15.116.23

0.212506.00432.00370.0056.00

2.291.582.73

24.5024.2024.2022.902.140.506

107.00

7.3692.80

100.0073.8015.301.450.2016.208.974.70

7.603.175.56

12.401.910

3.433.343.873.503.252.963.503.52

13.8315.2020.87

13.49

0.261830.00

438.00100.00

2.361.822.75

18.0026.5026.80( 4 )

1.900.443

96.00

6.1099.00

107.0074.6011.501.540.1744.656.436.16

6.953.415.77

13.20

3.353.283.403.503.352.953.533.06

18.5710.274.57

0.288780.00602.00513.0082.70

2.431.862.83

17.0029.1029.40( 4 )

1.740.469

89.40

6.0597.70

106.0076.5012.10

1.460.1764.337.345.62

6.852.985.44

12.20

3.543.423.253.79

17.867.624.85

14.55

0.286760.00

520.0070.00

1 Mid-month price. 2 Equivalent packinghouse-door returns for CA, MI, and NY (apples only), and WA (apples, peaches, and pears). Prices as sold for other states. 3 Marketing year August - February. 4 Price not published to avoid disclosure of individual firms. 5 Insufficient sales to establish a price. 6 Monthly price estimates discontinued beginning in July 2005.


Prices Received, United States,October 2005, with Comparisons

Commodity Unit Average1990-92

Entire Month Preliminary

Oct2004

Sep2005

Oct2005


Vegetables, Fresh 1

Asparagus Broccoli Cantaloupes 2

Carrots Cauliflower Celery Corn, Sweet Cucumbers 2

Lettuce Onions Snap Beans 2

Tomatoes

Livestock

Calves Cattle, All Beef Cows 3

Steers & Heifers Milk Cows 4

Hogs, All Barrows & Gilts Sows

Lambs Sheep

Dairy and Poultry

Milk, All 5 6

Fluid Grade 6

Mfg Grade 6

Broilers, Live 7

Eggs, All 8

Market 8

Turkeys, live 7 8

CwtCwtCwtCwtCwtCwtCwtCwtCwtCwtCwtCwt

CwtCwtCwtCwtHead

CwtCwtCwt

CwtCwt

CwtCwtCwt

LbDozDozLb

79.8022.50

13.2026.8011.6015.70

11.9012.80

32.30

94.3072.9049.6077.10

1,130.00

47.7048.4039.50

56.2023.40

13.0613.1011.80

0.3170.6430.5460.380

201.0043.9013.8016.4032.2015.1033.5026.5024.10

9.2283.9067.90

126.0086.5049.8091.10

1,640.00

52.2052.7041.80

97.7040.40

15.6015.6014.90

0.3900.4940.3060.481

256.0027.7014.7022.7028.5013.4026.2030.3012.7011.6072.2043.40

133.0088.2049.8092.30

49.5049.9039.20

110.0043.30

15.3015.3014.60

0.4600.6430.4650.507

256.0024.3015.7021.7020.0012.0031.3023.3013.8011.0039.6038.20

132.0090.8047.7096.00

1,870.00

48.8049.1041.80

15.4015.4014.70

0.4300.5130.3140.529

Adjusted for Seasonal Variation Eggs, All Milk, All 5

DozCwt

0.5459.71

0.48014.72

0.68414.57

0.53414.67

1 F.O.B. shipping point. 2 Monthly estimates began January 1995. 3 Beef cows and cull dairy cows sold for slaughter. 4 Animals sold for dairy herd replacement only. Prices available for Jan, Apr, Jul, and Oct. 5 Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 6 October 2005 Fat test percent: all milk 3.71, fluid milk 3.71, mfg grade 3.92. 7 Equivalent liveweight returns to producers for most States. Includes growers and contractors. 8 Mid-month price. 9 Price not published to avoid disclosure of individual firms.10 Insufficient sales to establish a price.


Wheat: Prices Received, by State, September and October 2005

StateAll Wheat Winter Wheat Durum Wheat Oth Spring Wheat

Sep 1 Oct 2 Sep 1 Oct 2 Sep 1 Oct 2 Sep 1 Oct 2

Dollars perBushel

Dollars perBushel

Dollars perBushel

Dollars perBushel

Dollars perBushel

Dollars perBushel

Dollars perBushel

Dollars perBushel

ARCACOIDILINKSMIMNMOMTNENDOHOKORSDTXWA

US

( 3 )( 3 )

3.463.272.932.883.322.943.503.373.393.293.322.963.433.183.583.473.36

3.35

( 3 )( 3 )

3.503.283.103.013.523.103.643.383.633.453.553.093.573.393.803.673.63

3.54

( 3 )( 3 )

3.463.012.932.883.322.942.703.373.263.292.612.963.433.063.263.473.21

3.28

( 3 )( 3 )

3.503.053.103.013.523.103.003.383.423.452.753.093.573.303.493.673.40

3.42

( 3 )

( 3 )

3.54

3.30

3.40

( 3 )

( 3 )

3.28

3.20

3.25

( 3 )3.54

3.50

3.50

3.34

3.723.77

3.72

3.50

( 3 )3.60

3.65

3.94

3.65

4.003.97

4.16

3.79 1 Entire month. 2 Mid-month. 3 Price not published to avoid disclosure of individual firms. 4 Insufficient sales to establish a price.

Prices Received for Selected Agricultural Commodities, by Month,United States, 2004 and 2005 1

MonthAll Wheat Corn Soybeans Beef Cattle 2 All Hogs

2004 2005 2004 2005 2004 2005 2004 2005 2004 2005Dollars per

Bushel Dollars per

Bushel Dollars per

Bushel Dollars per

Bushel Dollars per

Bushel Dollars per

Bushel Dollars per Cwt Dollars per CwtDollars per

CwtDollars per

Cwt

JanFebMarAprMayJunJulAugSepOctNovDec

3.683.773.833.883.823.553.373.273.363.433.463.40

3.433.363.423.353.313.233.203.243.353.54

2.392.612.752.892.872.792.512.342.202.142.052.04

2.121.952.022.001.982.032.111.951.901.74

7.358.289.289.629.569.088.466.835.835.565.365.45

5.575.425.956.036.216.586.656.155.775.44

81.1078.5083.7085.0088.5089.8088.1087.7085.9086.5085.4086.80

89.4089.0091.3094.0092.4088.5085.3084.5088.2090.80

36.6042.6047.2047.4056.6056.7057.1055.3054.8052.2055.6052.30

53.2050.7051.2051.2054.9049.6049.8051.0049.5048.80

1 Current month prices are mid-month; prices for previous months are for the entire month. 2 Cows, steers and heifers.


Grains: Prices Received, by State, September and October 2005

MonthAll Barley 1 Corn Oats Soybeans Sorghum Grain

Sep 2 Oct 3 Sep 2 Oct 3 Sep 2 Oct 3 Sep 2 Oct 3 Sep 2 Oct 3

Dollars perBushel

Dollars perBushel

Dollars perBushel

Dollars perBushel

Dollars perBushel

Dollars perBushel

Dollars perBushel

Dollars perBushel Dollars per Cwt Dollars per Cwt

ALARCACOIDILINIAKSKYLAMIMNMSMOMTNENYNCNDOHOKORPASDTNTXUTWAWIWY

US

( 4 )3.122.84

( 4 )

2.68

1.75

2.15

1.99

1.972.16

( 4 )

2.36

( 5 )( 4 )

2.83

( 4 )

2.63

1.86

2.14

2.20

( 4 )2.33

( 4 )

2.43

2.21

1.921.801.812.102.06

1.831.71

1.82

1.72

2.221.771.78

2.291.711.832.48

1.95

1.90

2.00

1.901.621.651.851.85

1.651.64

1.80

1.65

2.181.701.64

2.201.601.752.26

1.80

1.74

( 5 )

1.60

1.571.21

1.811.46

( 4 )1.571.52

1.311.45

( 5 )2.091.52

( 4 )

1.53

1.54

( 5 )

1.60

1.551.32

1.651.48

( 4 )1.501.45

1.15( 5 )

( 5 )2.001.49

( 5 )

1.50

1.46

6.02

5.765.765.805.515.645.985.815.755.925.64

5.63

6.085.495.91

5.525.72

5.80

5.77

5.80

5.505.465.355.255.305.855.505.405.655.50

5.30

5.745.355.70

5.305.30

5.35

5.44

( 4 )

3.13

2.97

3.25

2.85

3.41

3.83

3.41

( 4 )

3.00

2.76

3.10

2.80

3.32

3.51

2.98 1 The Three-State (MN, ND and SD) Feed Barley price is discontinued. 2 Entire month. 3 Mid-month. 4 Price not published to avoid disclosure of individual firms. 5 Insufficient sales to establish a price.

Malting and Feed Barley: Prices Received Selected State,September and October 2005

StateMalting Barley Feed Barley

Sep 1 Oct 2 Sep 1 Oct 2

Dollars per Bushel Dollars per Bushel Dollars per Bushel Dollars per Bushel

IDMNMTNDSDWY

3.08( 3 )

3.062.041.99

( 3 )

3.20( 3 )

3.032.202.20

( 3 )

1.93( 3 )

1.551.38

( 4 )( 3 )

1.95( 3 )

1.421.35

( 4 )( 3 )

1 Entire month. 2 Mid-month. 3 Price not published to avoid disclosure of individual firms. 4 Insufficient sales to establish a price.


Field Crops: Prices Received, by State, September and October 2005

StateDry Edible

BeansAll

Sunflower Flaxseed Peanuts 4


Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars perBushelDollars per

BushelDollars per

PoundDollars per

Pound

ALCACOFLGAIDINKSKYMDMIMNMONENCNDOHOKSCSDTNTXVAWV

US

( 5 )19.70

21.90

19.3018.80

18.10

15.80

18.00

( 5 )18.00

20.40

19.0017.40

16.20

14.50

17.00

14.70

16.90

10.30

12.80

13.20

14.00

( 5 )

11.80

11.00

12.20

6.10

5.66

6.10

6.05

( 6 )

6.05

0.168

0.1690.171

( 6 )

( 5 )( 5 )

0.174

( 5 )

0.1700.173

( 5 )

( 5 )( 5 )

0.176 1 Entire month. 2 Mid-month. 3 Based on sales through first half of month. 4 In-Shell. 5 Price not published to avoid disclosure of individual firms. 6 Insufficient sales to establish a price.


Field Crops and Apples: Prices Received, by State, September and October 2005

StateCotton, Upland

October

Cotton-seed 5

Hay, Baled 3 ApplesFresh

Use 1 4Sep 1 Oct 2 All Alfalfa Other

Dollars per Pound Dollars per Pound Dollars per Ton Dollars per Ton Dollars per Ton Dollars per Ton Dol/Lb

ALAZARCACOGAIDILIAKSKYLAMIMNMSMOMTNENVNMNYNCNDOHOKORPASDTNTXUTVAWAWIWY

US

( 7 )( 6 )

0.4570.546

( 6 )

0.460

( 6 )

( 6 )

0.4940.423

0.443

( 6 )( 6 )( 6 )( 6 )

0.529

0.507

0.488

0.483

0.4900.435

0.469

85.00149.0090.00

169.00

75.00

88.00

84.00

83.00

91.00101.00

89.40

119.00

131.00104.00

114.0091.0080.0063.0084.00

94.0060.00

61.0074.0046.00

118.00125.00117.00

51.00107.0076.00

118.00132.0059.00

84.0096.00

116.00107.0072.00

97.70

120.00

136.00104.00

114.00100.0081.0071.00

120.00

95.0074.00

102.0075.0047.00

118.00127.00130.00

57.00130.0095.00

123.00154.0063.00

129.0097.00

115.00110.0074.00

106.00

110.00

101.00100.00

79.0077.0056.0050.0070.00

75.0047.00

48.0067.0044.00

120.00104.0095.00

39.0083.0058.00

100.00124.0050.00

73.0082.00

120.0070.0069.00

76.50

0.305

0.230

0.284

0.340

0.250

0.2900.289

0.286 1 Entire month. 2 Based on sales during the first half of the month. 3 Mid-month. 4 Equivalent packinghouse-door returns for CA, MI, NY, and WA. Price at point of first sale for other States. 5 Marketing year August - February. 6 Price not published to avoid disclosure of individual firms. 7 Insufficient sales to establish a price.

Upland Cotton and Rice: Prices Received and Marketings,United States, October 2005, with Comparisons

Item Unit Aug 2005 1 Sep 2005 1 Oct 2005 2

Cotton, Upland Average Price Marketings 3

Rice Average Price Marketings 4

Dollars per Pound1,000 Bales

Dollars per Cwt1,000 Cwt

0.4211,233

6.5413,260

0.443518

6.9513,584

0.469NA

6.85NA

1 Entire month. 2 Based on purchases for the first half of the month. 3 Marketings based on a survey of cotton buyers in the major producing States - AL, AZ, AR, CA, GA, LA, MS, NC, TN, and TX. 4 Purchases by private firms and rice (rough equivalent) shipped by cooperatives.


Citrus Fruit: Prices and Equivalent Returns, by Utilization,by State and United States, October 2005

Commodity,State

and Type

F.O.B.PackedFresh

Equivalent Returns 1

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 CA TX

US

Lemons AZ CA

US

Oranges CA Valencia

TX Early and Mids

US

Tangerines FL

US

29.3039.20

31.90

27.2027.00

27.10

18.50

25.60

18.70

31.00

31.00

17.5228.81

19.98

12.7211.80

12.14

7.21

14.69

7.37

17.85

17.85

22.6628.81

24.28

16.6916.49

16.57

11.30

15.10

11.42

20.70

20.70

-0.28( 2 )

-0.28

-0.40 -0.40

-0.40

0.30

2.04

0.30

3.00

3.00

15.1527.60

17.86

8.207.28

7.62

4.67

13.29

4.85

14.55

14.55

20.2927.60

22.22

12.1711.97

12.05

8.76

13.70

8.92

17.50

17.50

-2.65( 2 )

-2.65

-4.92 -4.92

-4.92

-2.24

0.68

-2.23

-0.80

-0.80 1 Net lbs. per box: Grapefruit - AZ & CA-67, FL-85, TX-80; Lemons - 76; Oranges - AZ & CA-75, FL-90, TX-85; Tangelos - 90;

Tangerines - AZ & CA-75, FL-95; Temples - 90. 2 Insufficient sales to establish a price.


Potatoes: Prices Received, by State, September and October 2005 1

State Sep Oct State Sep Oct

Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt

ALAZCA - All 2

- Winter - Spring - Summer - FallCO - All 2

- Fresh 3

FLID - All 2

- Fresh 3

- ProcessingMEMIMNNY

18.40

18.40

10.0010.70

5.057.604.405.905.809.25

12.60

15.50

15.50

9.65NA

5.15NANA

6.606.858.95

12.40

NCND - All 2

- Fresh 3

- ProcessingOH 4

ORPA 4

TXVAWA - All 2

- ProcessingWI - All 2

- Fresh 3

- Processing

US - All 2

- Fresh 3

- Processing

5.808.705.10

5.00

12.40

5.054.306.159.205.10

6.1610.77

4.66

5.85NANA

5.20

4.65NA

6.30NANA

5.62NANA

1 Missing data indicates no potatoes being marketed. 2 Average price of potatoes sold for all uses, including table stocks, processing, seed, and livestock feed. 3 Fresh market prices only, includes table stock prices. 4 Estimates discontinued in 2005.


Cattle: Prices Received, by State, September and October 2005

StateCows 1 Steers & Heifers Beef Cattle 4 Calves


Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt

AZARCACOFLGAIDILIAKSKYLAMIMNMOMTNENMNDOHOKORPASDTNTXVAWIWY

US

51.1046.0047.9052.4047.2049.8047.1051.0049.5052.5048.0046.7052.0051.8050.8051.7052.4053.3050.5046.0051.0045.0048.9052.9047.0048.3046.0050.2052.90

49.80

48.8044.0046.6051.1045.3045.7045.3049.5045.0048.5045.0042.0050.0049.5049.3052.4052.3047.0049.0044.0046.7045.0047.1052.4044.0043.1043.0048.9051.00

47.70

102.00107.00

89.30112.00

97.5098.8087.8083.5087.0090.50

107.00102.00

80.0081.90

117.00107.00

89.70111.00106.00

85.80112.00100.00

80.40104.00107.00

91.90100.00

84.60108.00

92.30

103.00109.00

92.20116.00

96.3097.2091.4084.5092.0094.00

105.00101.00

82.0085.00

116.00116.00

95.40111.00107.00

87.00113.00100.00

82.70115.00106.00

94.4099.0089.00

110.00

96.00

101.0088.7070.30

111.0079.0066.5078.8082.9086.3089.7092.8067.2071.6076.80

102.0091.0088.6088.5090.5081.80

107.0083.5072.2097.9083.0088.8088.1064.60

106.00

88.20

102.0089.5070.30

115.0078.4063.2078.5083.8091.1092.6090.6063.8072.4079.00

101.00105.00

94.1086.7095.4082.70

108.0083.5073.40

108.0081.2088.8087.2065.70

104.00

90.80

123.00127.00114.00133.00130.00123.00123.00118.00131.00139.00123.00121.00135.00136.00134.00144.00141.00130.00134.00120.00131.00117.00116.00139.00119.00139.00120.00167.00132.00

133.00

121.00129.00118.00133.00126.00123.00126.00120.00128.00139.00117.00119.00136.00139.00132.00135.00143.00130.00135.00120.00130.00117.00120.00141.00116.00133.00119.00170.00132.00

132.00 1 Beef cows and cull dairy cows sold for slaughter. 2 Entire month. 3 Mid-month. 4 "Cows" and "steers and heifers" combined.


Hogs: Prices Received, by State, September and October 2005

StateSows Barrows and Gilts All Hogs

Sep 1 Oct 2 Sep 1 Oct 2 Sep 1 Oct 2

Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt

ARILINIAKSMNMONENCOHOKPASD

US

39.8037.5043.5040.7039.2039.9038.8038.5039.0039.0037.9036.5040.00

39.20

43.1040.4046.4043.0041.9042.5041.8042.3042.0041.0040.2039.2041.60

41.80

46.0050.0048.5051.5046.1050.1045.5052.3049.8048.9043.5046.7051.40

49.90

46.0050.0048.5051.5045.6048.5045.3052.0047.7048.5042.0046.7050.90

49.10

45.4049.0048.1051.4045.2050.0044.9052.0049.7048.2042.7045.2050.00

49.50

45.7049.2048.3051.3045.2048.5045.1051.8047.6048.0041.7045.6049.80

48.80 1 Entire month. 2 Mid-month.


Sheep and Poultry: Prices Received, by State, September and October 2005

StateSeptember October

Sheep 1 Lambs 1 Eggs 2 3

Dollars per Cwt Dollars per Cwt Dollars per Dozen

ALARCACOCTFLGAIDINIAKYMEMIMNMSMOMTNENYNCNDOHORPASCSDTXVAWAWVWY

US

35.0042.20

43.00

47.7050.00

41.00

49.6044.9050.30

43.0045.7033.2053.90

44.3046.4041.00

40.7042.70

43.30

97.50109.00

104.00

98.10103.00

99.10

104.00124.00

97.20

117.00100.00

98.00103.00

133.00101.00102.00

103.00126.00

110.00

0.3200.2900.370

0.4300.3600.312

0.3600.233

0.5200.2900.2800.2900.230

0.3000.260

0.371

0.3300.370

0.250

0.360

0.314 1 Entire month. 2 Mid-month. 3 Market (table) eggs.


Milk and Milk Cows: Prices Received, by State, September and October 2005

State

September 1 October

Fluid GradeMilk 2

ManufacturingGrade Milk All Milk

3 All Milk 3 4Milk

Cows 5Price FatTest Price

FatTest Price

FatTest Price

FatTest

Dol/Cwt Percent Dol/Cwt Percent Dol/Cwt Percent Dol/Cwt Percent Dol/Head

AZCACOFLIDILINIAKSKYMIMNMONMNYOHORPATXVTVAWAWI

US

15.1014.0015.2017.9014.5016.0016.0015.8014.4016.5015.5015.7015.5014.7015.6015.8015.2017.0015.7016.1016.7015.2015.70

15.30

3.563.633.523.633.643.633.583.643.503.583.543.703.603.523.623.593.673.603.693.683.513.673.63

3.62

15.00

14.7015.4013.8014.30

14.1014.1014.40

14.50

14.40

14.60

14.60

3.98

3.923.553.593.65

3.563.713.72

3.70

3.65

3.73

3.80

15.1014.0315.2017.9014.5016.0015.9015.8014.4016.5015.5015.7015.5014.7015.6015.7015.2017.0015.7016.1016.7015.2015.70

15.30

3.563.643.523.633.643.633.583.643.503.583.543.703.603.523.623.603.673.603.693.683.513.673.63

3.62

15.7013.8015.2018.5014.8016.2016.4015.9014.6016.9016.0015.8015.7014.9015.9016.2015.5017.6015.7016.5016.8015.5015.80

15.40

3.603.703.603.643.723.713.653.723.553.683.663.813.743.553.733.713.703.703.793.773.533.703.80

3.71

1,9001,9502,2001,9602,0001,8701,7801,8701,7401,7901,9001,7701,7901,8301,6901,8202,0001,8001,8901,8501,8001,9001,880

1,870 1 Entire month. 2 Including milk diverted to manufacturing. 3 Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 4 Preliminary. 5 Animals sold for dairy herd replacement only. Prices published January, April, July and October.

Parity Price Equivalent for Manufacturing Milk 1: United States,September and October 2005, with Comparisons

Item Unit Oct 2004 Sep 2005 Oct 2005

Parity EquivalentAverage Price F.O.B 2

Average Fat Test of Milk 2

Dollars per CwtDollars per CwtPercent

31.7314.90

3.91

37.2014.60

3.80

34.2814.70

3.92 1 The parity price equivalent during 2005 is 91.4 percent of the parity price of all milk sold to plants, compared with 90.4 percent in

2004. For additional details, see January 2005 issue of "Agricultural Prices". 2 Preliminary for October 2005.


United States Parity Prices for Farm Products and Average Prices Received asPercent of Parity Prices Based on Data for October 2005, with Comparisons 1

Commodity and UnitAdjusted

BasePrice

Parity PriceBased on Data for

Price as Percentof Parity

Oct2004

Sep2005

Oct2005

Oct2004

Sep2005

Oct2005

Dollars Dollars Dollars Dollars Percent Percent Percent

Basic Commodities All Wheat, Bu Rice, Cwt Corn, Bu Cotton, Lb American Upland Extra Long Staple Peanuts, Lb

Designated Nonbasic All Milk, Sold to Plants, Per Cwt 2

Honey, Extracted, Lb 3

Wool and Mohair Wool, Lb Mohair, Lb

Other Nonbasic Barley, Bu Cottonseed, Ton Dry Edible Beans, Cwt Flaxseed, Bu Oats, Bu Potatoes, Cwt Rye, Bu Sorghum Grain, Cwt Soybeans, Bu Sweetpotatoes, Cwt Apples, Fresh, Lb 4

Citrus (equiv on-tree), Box Grapefruit Lemons Oranges Tangerines Temples (FL) Beef Cattle, Cwt Calves, Cwt Hogs, Cwt Lambs, Cwt Sheep, Cwt Eggs, Doz 2

Turkeys, Live, Lb

0.5551.380.372

0.0950.1420.0350

1.970.1280

0.09100.333

0.37715.50

2.820.7530.2210.8380.3550.6070.9002.310.0292

0.3941.120.5741.350.3799.65

13.105.97

11.704.720.09400.0565

10.1029.00

6.75

2.012.570.659

35.101.87

1.575.95

6.70282.00

52.0013.00

3.9415.20

6.2911.0015.9040.10

0.527

6.9019.6011.0025.30

8.04170.00228.00105.00201.00

83.801.691.020

10.5026.00

7.02

1.792.680.660

37.202.28

1.726.28

7.11292.00

53.2014.20

4.1715.80

6.7011.5017.0043.60

0.551

7.4321.1010.8025.50

7.15182.00247.00113.00221.00

89.101.771.070

10.6026.30

7.08

1.812.700.666

37.502.28

1.736.34

7.17295.00

53.7014.30

4.2115.90

6.7611.6017.1044.00

0.556

7.5021.3010.9025.70

7.21184.00249.00114.00223.00

89.801.791.080

342632

25

31

42

343847573731

2935

37

20071

19053

51555049482847

322727

25

26

39

333334433739

3034

40

2504942

48544450493947

332625

26

26

39

343032423535

2632

39

238364457

495343

3049

--continued


Parity Prices Based on Data for October 2005, United States 1 (continued)

Other NonbasicCommodities

AdjBaseBase

ParityPrice

Other NonbasicCommodities

AdjBaseBase

ParityPrice


Field Crops and Misc Commodities Hops, Lb Spearmint Oil, Lb Tobacco, Lb Flue-Cured, 11-14 VA Fire-Cured, 21 KY-TN Fire-Cured, 22-23 Burley, 31 Maryland, 32 Dark Air-Cured, 35-36 Sun-Cured, 37 PA Seedleaf, 41 Cigar Filler & Binder, 42-44, 54-55 Puerto Rican Filler, 46 Cigar Binder, 51-52 Type 61

Noncitrus Fruit Apples, Ton 6

Processing Apricots, Ton Fresh 7

Dried, CA Avocados, Ton 7

Cherries Sweet, Ton Tart, Lb Cranberry, Bbl 5

Dates, CA, Ton 7

Grapes, Ton Raisin Variety Other Dried Kiwifruit, Ton Nectarines Fresh, CA, Ton 7

0.2511.46

0.2550.256

0.3230.2740.210

0.2840.2410.205

0.225

0.159

0.7473.21

18.30

99.00270.00234.00

188.000.03195.69

181.00

124.0070.5091.30

62.60

4.7827.80

4.854.87

6.155.214.00

5.404.593.90

4.28

3.03

14.2061.10

348.00

1,880.005,140.004,450.00

3,580.000.607

108.003,440.00

2,360.001,340.001,740.00

1,190.00

Olives, CA canning, Ton 5

Papayas (HA) Peaches Fresh, Ton 4

Dried, CA, Ton

Noncitrus Fruit Peaches, cont. Processing 5

Excl Dried Clingstone, CA, Ton Pears, Ton Fresh 4

Dried, CA 6

Plums, CA, Ton Fresh, Equiv on-Tree Prunes, Dried, CA, Ton 6

Prunes and Plums, Excl CA, Ton Fresh 9

Processing 6

Excl Dried

Tree Nuts 10

Almonds, Lb Hazelnuts, Ton Pistachio, Lb Walnuts, Ton

Vegetables, Cwt 11

Fresh Carrots 8

Cauliflower 8

Celery 8

Honeydew Melons Lettuce Onions 8

Tomatoes

95.700.0528

81.57

84.00

33.50

52.90164.00

66.70

127.00

58.90

27.50

0.213135.00

0.159173.00

2.284.601.972.752.501.654.44

1,820.001.000

1,550.00

1,600.00

638.00

1,010.003,120.00

1,270.00

2,420.00

1,120.00

523.00

4.052,570.00

3.033,290.00

43.4087.5037.5052.3047.6031.4084.50

1 Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938as amended by the Agricultural Acts of 1948, 1949, and 1956. See January "Agricultural Prices" for details on adjusted base priceand parity price computations.

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 CA, NY (apples only), OR (except peaches), and WA. Price at point of first sale for

other states. 5 Equivalent returns for bulk fruit at first delivery point. 6 Equivalent returns at processing plant door. 7 Equivalent returns at packinghouse door. 8 Includes some processing. 9 Based on "as sold" prices for fresh fruit in all states.10 Prices in-shell basis except almonds which are shelled basis.11 F.O.B. shipping point prices.


Marketing Year for Specified Commodities

Cotton: August 1 to July 31 for U.S. and all States.

Cottonseed: August 1 to February 28 for U.S. and all States.

Austrian Winter Peas: July 1 to June 30 for U.S.; Idaho, Montana, and Oregon.

Dry Edible Peas: July 1 to June 30 for U.S.; Idaho, Montana, North Dakota, Oregon, and Washington.

Lentils: July 1 to June 30 for U.S.; Idaho, Montana, North Dakota, and Washington.

Crops: Marketing Year Average Prices Received, by Statesand United States, 2003 and 2004

State

CottonCottonseed

Pima Upland

2003 2004 2003 2004 2003 2004

Dollars per lb Dollars per lb Dollars per lb Dollars per lb Dollars per Ton Dollars per Ton

ALAZARCAFLGAKSLAMSMONMNCOKSCTNTXVA

US

1.170

1.230

1.100

1.060

1.210

0.837

0.882

0.830

0.830

0.878

0.5960.6640.6250.7450.6550.6120.6060.6090.6040.6000.5630.6470.6060.6230.5700.5770.640

0.618

0.4060.4440.4110.5160.4640.4280.3960.4140.4100.4100.4800.4370.3960.4300.4050.4020.380

0.416

98.50148.00110.00152.00

99.0095.50

118.00100.00100.00125.00145.00108.00125.00101.00130.00125.00105.00

117.00

91.00163.00

99.50150.00

86.0085.0085.50

102.0093.5091.50

118.0096.0076.0090.5099.50

104.00119.00

107.00


Cottonseed: Monthly and Marketing Year Average PricesReceived by State and U.S., August 2004 - February 2005 1

State Aug Sep Oct Nov Dec Jan 2 Feb

Dollars Per Ton Dollars Per Ton Dollars Per Ton Dollars Per Ton Dollars Per Ton Dollars Per Ton Dollars Per Ton

ALAZARCAFLGAKSLAMSMONMNCOKSCTNTXVA

US

( 4 )( 4 )( 4 )( 4 )

( 4 )

( 4 )( 4 )

( 4 )

( 4 )99.00

99.00

( 4 )( 4 )( 4 )( 4 )

( 4 )

97.0098.00

( 4 )

( 4 )89.00

89.30

92.00170.00104.00161.00

88.00

100.0098.00

101.00

101.0096.00

107.00

88.00161.00

95.00144.00

83.00

106.0090.00

94.00

92.00110.00

104.00

93.00159.00

99.00155.00

84.00

81.0088.00

93.00

109.00107.00

111.00

97.00161.00( 4 )

145.00

91.00

( 4 )90.00

92.00

( 4 )108.00

114.00

( 4 )166.00( 4 )( 3 )

( 4 )

( 4 )( 4 )

( 3 )

( 4 )105.00

111.00 1 Monthly prices available only for major cotton producing States. 2 Second year. 3 Not published to avoid disclosure of individual firms. 4 Insufficient movement to establish a price.


Prices Received: Upland Cotton, by State and Month,for Marketing Years, 2003-2004 and 2004-2005

StateAug Sep Oct Nov Dec Jan 1

2004-2005

Dollars per Pound Dollars per Pound Dollars per Pound Dollars per Pound Dollars per Pound Dollars per Pound

ALAZARCAGALAMSNCTNTX

US

0.508( 2 )

0.489( 2 )

0.5090.4740.5000.5940.4770.465

0.486

( 2 )( 2 )( 2 )( 2 )

0.596( 2 )( 2 )( 2 )( 2 )

0.477

0.506

( 2 )0.4220.458

( 2 )0.5260.5100.476

( 2 )0.4440.525

0.506

0.4630.4540.4220.5350.4480.4330.4630.3970.4300.388

0.432

0.4160.4620.4220.5150.4220.4020.4170.3860.4100.359

0.393

0.3720.4440.3890.5110.4010.4010.3720.3970.3700.369

0.385

2003-2004


US

0.436( 2 )

0.447( 2 )

0.4360.4610.4440.4360.4800.469

0.463

( 2 )( 2 )( 2 )

0.6860.574

( 2 )0.588

( 2 )( 2 )

0.548

0.557

( 2 )0.6980.6640.7820.6060.6190.663

( 2 )0.6230.602

0.678

0.5930.6940.6470.7610.6190.6310.6120.6600.6220.611

0.630

( 2 )( 2 )

0.6660.7500.6250.6190.6080.6690.5290.624

0.633

0.6100.6440.6250.6960.6270.6220.6090.6680.6240.597

0.622

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


Prices Received: Upland Cotton, by State and Month,for Marketing Years, 2003-2004 and 2004-2005 (continued)

StateFeb Mar Apr May Jun Jul

2004-2005

Dollars per Pound Dollars per Pound Dollars per Pound Dollars per Pound Dollars per Pound Dollars per Pound


US

( 2 )0.4710.4000.4980.3880.3880.3850.3990.3970.369

0.383

0.3710.4610.420

( 2 )0.3890.4140.3710.3710.4130.395

0.403

0.373( 2 )

0.389( 2 )

0.3830.3820.3730.3730.3730.433

0.414

0.374( 2 )

0.3760.5170.3740.3770.3740.3740.3740.376

0.396

( 2 )( 2 )

0.376( 2 )

0.374( 2 )

0.3740.3740.3740.446

0.419

0.376( 2 )

0.376( 2 )

0.389( 2 )

0.3760.4030.3820.433

0.411

2003-2004


US

0.6090.6240.6140.7260.6190.6130.6150.6340.6120.568

0.619

( 2 )0.6480.6200.7030.6100.6130.6090.6050.6120.503

0.616

0.602( 2 )

0.6030.6820.5940.6020.6020.5610.6020.598

0.603

0.603( 2 )

0.603( 2 )

0.6010.6030.603

( 2 )0.5880.570

0.597

0.592( 2 )

0.593( 2 )

0.5890.5870.5920.5770.5880.570

0.599

( 2 )( 2 )

0.529( 2 )

0.5790.5670.5710.5600.4810.432

0.538 1 Second year. 2 Not published to avoid disclosure of individual firms. 3 Insufficient movement to establish a price.


Upland Cotton: Farm Marketings, Percent of Sales, by Monthand State, 2003-2004 and 2004-2005 1 2

State andMarketing

YearAug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul

Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent

AL 2004-2005 2003-2004

AZ 2004-2005 2003-2004

AR 2004-2005 2003-2004

CA 2004-2005 2003-2004

GA 2004-2005 2003-2004

LA 2004-2005 2003-2004

MS 2004-2005 2003-2004

NC 2004-2005 2003-2004

TN 2004-2005 2003-2004

TX 2004-2005 2003-2004

US 2004-2005 2003-2004

8.81.1

0.40.7

9.03.0

1.50.4

9.31.8

8.53.5

12.14.2

2.90.1

14.87.8

6.35.9

7.33.4

2.40.9

1.95.4

0.00.1

3.61.6

1.60.4

1.72.8

2.63.1

7.46.8

0.01.8

6.816.8

4.16.3

3.53.9

5.230.6

1.48.9

12.342.6

7.913.7

4.014.4

3.38.5

30.317.1

2.82.7

6.69.7

6.614.4

3.115.3

17.714.9

4.518.2

20.72.5

10.123.2

14.119.2

6.814.4

30.025.6

3.526.2

6.211.0

8.815.3

8.730.8

11.79.5

21.020.4

4.610.3

16.913.7

18.113.9

9.610.4

18.124.7

7.715.9

15.016.7

14.316.2

34.08.8

17.09.4

25.810.4

13.58.3

29.616.4

25.914.5

24.111.3

6.915.6

19.87.0

22.615.4

23.112.6

12.113.4

5.75.7

10.813.3

8.013.8

5.712.2

5.812.0

9.718.6

2.55.4

16.79.2

15.89.0

11.611.5

11.56.9

8.810.5

12.99.3

4.611.1

5.96.7

9.26.9

9.010.2

0.51.8

14.77.2

8.13.1

8.56.8

9.28.3

9.85.9

5.24.4

10.32.5

4.23.7

4.13.8

7.25.8

0.40.9

6.23.0

5.42.7

5.83.8

2.45.0

10.02.7

3.42.6

7.31.5

3.12.8

3.02.4

5.63.5

0.30.6

4.82.2

2.33.7

3.52.9

2.12.9

8.33.4

3.03.1

6.12.9

2.72.4

2.62.9

5.04.1

0.31.2

4.21.9

3.64.3

3.73.3

2.22.6

3.41.3

3.06.3

7.52.5

3.02.9

3.03.8

5.15.9

0.40.3

4.715.1

1.31.7

2.63.6

1 Monthly farm marketings, based on a sample survey, as a percent of total used for calculating marketing year average prices. 2 Totals may not add to 100 percent due to rounding.

Upland Cotton Monthly Marketings,Marketing Years, 2003-2004 through 2004-2005

MonthUpland Cotton 1

2003-2004 2004-2005

1,000 Bales 1,000 Bales

AugSepOctNovDecJan 2

FebMarAprMayJunJul

Year

420775

1,7831,8972,0021,5641,421

837474365403445

12,386

1,167657

1,0511,4102,2923,6981,8471,354

935559592418

15,979 1 Marketings based on a survey of cotton buyers in the major producing States - AL, AZ, AR, CA, GA, LA, MS, NC, TN, and TX. Total

may not add due to rounding. 2 Second year.


Dry Edible Peas: Marketing Year Average Price,by State and United States, 2002-2004 1

StateMarketing Year Average Price

2002 2003 2004

Dollars Dollars Dollars

IDMTNDORWA

US

9.007.206.708.908.85

7.78

8.908.106.549.008.80

7.63

6.505.915.396.806.80

5.94 1 Excludes both wrinkled seed peas and Austrian winter peas.

Austrian Winter Peas: Marketing Year Average Price,by State and United States, 2002-2004


2002 2003 2004


IDMTOR

US

10.4010.0010.40

10.30

10.6010.4010.70

10.60

9.1010.10

9.80

9.19

Lentils: Marketing Year Average Price,by State and United States, 2002-2004


2002 2003 2004


IDMTNDWA

US

15.2013.8011.1015.20

14.30

17.8015.4015.0018.20

17.20

13.8015.1014.3014.90

14.40


Indexes of Prices Received by Farmers, by Month and Annual Average,United States, 2001-2005

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg 1

All Farm Products1910-14 = 100

20012002200320042005

613604631712709

635625627740724

656667629775759

672597639796775

685608668821762

682614683814760

684626667789746

698632694764742

674623705736741

600606719723700

597616738734

609619726708

650620677759742

1990-92 = 100

20012002200320042005

979599

112112

1009899

117114

103105

99122119

10694

101125122

10896

105129120

10797

108128120

10899

105124118

110100109120117

10698

111116117

9495

113114110

9497

116115

9698

114111

10298

107119117

All Crops1910-14 = 100

20012002200320042005

464462506564506

483501509602529

489580523604577

506493541613601

518511570614582

503515580604601

512537539594579

537555560585573

505537550560550

436500550548500

444510571552

479507574514

490517548580560

1990-92 = 100

20012002200320042005

9494

103114103

98102103122107

99118106122117

103100110124122

105104116124118

102104118123122

104109109120117

109113114119116

102109112114112

88101111111101

90103116112

97103116104

99105111117114

1 Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year.




Food Grains1910-14 = 100

20012002200320042005

296284372393361

291270336395347

293271326402352

292267316408347

303274326407347

289302323384344

279333311366341

286365349357342

292411353364353

286410359363366

281394379362

290396393359

290331345380350

1990-92 = 100

20012002200320042005

9389

117124114

9185

106124109

9285

102127111

928499

129109

9586

102128109

9195

102121108

88105

98115107

90115110112108

92129111114111

90129113114115

89124119114

91125124113

91104109120110

Feed Grains and Hay1910-14 = 100

20012002200320042005

319322375376340

324325380404326

325327380421340

323328382445343

322339391454354

324346392438370

339364365405377

342394363389357

331398360362336

307377342345296

308370353331

330378368333

325356371392344

1990-92 = 100

20012002200320042005

8990

105105

95

9191

106113

91

9191

106118

95

9092

107124

96

9095

109127

99

9197

110123103

95102102113105

96110102109100

93111101101

94

86105

969683

86104

9993

92106103

93

91100104110

96 1 Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year.




Cotton1910-14 = 100

20012002200320042005

440231385526325

410237393523324

347240411521341

360230384510350

346226388505335

331285385506354

329298391455347

315292391411356

309303471428374

259333573428396

235363533365

260374535332

328284437459350

1990-92 = 100

20012002200320042005

864575

10364

804677

10263

684780

10267

704575

10068

6744769965

6556759969

6458768968

6257768069

6059928373

5165

1128377

4671

10471

5173

10465

6456859068

Tobacco 3

1910-14 = 100

20012002200320042005

17351761181718221857

17521704180018911917

14961478157018301265

1235

1065574

1265

162216091557

157415611570

1639157416351648

1657160916431661

1722173917261726

1709173517351743

16141641161214211389

1990-92 = 100

20012002200320042005

115116120120123

116113119125127

9998

104121

84

82

703884

107106103

104103104

108104108109

109106109110

114115114114

113115115115

107108107

9492

1 Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year. 2 Missing data indicates insufficient sales volume to establish a price. 3 Monthly prices discontinued July 2005.




Oil-Bearing Crops1910-14 = 100

20012002200320042005

458415540714548

438419548805540

428432550901588

412440571935594

423455594930610

437483597882649

468528570824653

473538552661599

445483529518511

407494607529512

422530664529

427537692545

437480585731580

1990-92 = 100

20012002200320042005

847699

131100

8077

100147

99

7879

101165107

7580

104171109

7783

109170111

8088

109161119

8696

104151119

8698

101121109

8188979593

7490

1119793

7797

12197

7898

127100

8088

107134106

Fruit and Nuts1910-14 = 100

20012002200320042005

597585549669794

587580552767885

676668604793861

730632663697791

670729743843876

849794813885

1015

885831845886

1012

900849872935

1032

896866879

10191065

883861884

11031052

792768847991

666644699789

761734746865938

1990-92 = 100

20012002200320042005

86847996

114

848379

110127

979687

114123

1059195

100113

96104106121125

122114116127145

127119121127145

129122125134148

128124126146152

126123127158151

113110121142

9592

100113

109105107124134





Commercial Vegetables1910-14 = 100

20012002200320042005

8101054

753918658

9801283

7571038

815

9231816

823789

1137

916803878923

1247

964770932795924

805731

1047755975

837771809835806

968807937920846

894795979907889

688704960

1102760

731735

10581192

1144694

1134840

888914922918906

1990-92 = 100

20012002200320042005

121158113137

98

147192113155122

138272123118170

137120131138187

144115140119138

120109157113146

125115121125121

145121140138127

134119146136133

103105144165114

109110158178

171104170126

133137138137136

Potatoes and Dry Beans1910-14 = 100

20012002200320042005

409620533488532

450645554504533

437715567530560

466699592568564

453748590558616

486806559558674

532884570552743

632651483485591

516520458492525

461466443450483

538524479485

578547493510

497652527515582

1990-92 = 100

20012002200320042005

81123105

96105

89127110100105

86141112105111

92138117112111

90148117110122

96159110110133

105175113109147

125129

9696

117

102103

9097

104

9192878995

106104

9596

114108

97101

98129104102115





Other Crops1910-14 = 100

20012002200320042005

554561564569578

554561564569578

554561564569578

554561564569578

554561564569578

554561564569578

554561564569578

554561564569578

554561564569578

554561564569578

554561564569

554561564569

554561564569578

1990-92 = 100

20012002200320042005

112114114115117

112114114115117

112114114115117

112114114115117

112114114115117

112114114115117

112114114115117

112114114115117

112114114115117

112114114115117

112114114115

112114114115

112114114115117

Food Commodities1990-92 = 100

20012002200320042005

979697

114116

101100

96118118

105108

96124124

1089399

127127

11094

104132123

10995

107131122

11097

105127120

11397

110123120

10995

113119121

9693

116118115

9796

121122

9895

117117

10497

107123121





Livestock and Products1910-14 = 100

20012002200320042005

764742735842931

780734728859917

821723715934932

833684717967938

846681740

1021934

864689758

1020905

857678776981903

852669809933901

848655847908937

798664887902934

760684895916

722698859918

812692789933923

1990-92 = 100

20012002200320042005

1009796

110121

1029695

112119

1079493

122121

1098993

126122

1108996

133122

1139099

133118

11288

101128118

11187

105122117

11185

110118122

10487

116118122

9989

117119

9491

112120

10690

103122120

Meat Animals1910-14 = 100

20012002200320042005

987916946

10581229

999948963

10601216

1047937946

11341244

1052884972

11521277

1046867

101412321276

1055868

102712481210

1033882

102512351175

1016859

105412281177

976821

110012061207

925857

116912031239

873869

11791202

862896

11231195

989884

104311791225

1990-92 = 100

20012002200320042005

979093

104121

989395

104120

1039293

112122

1038796

113126

10385

100121125

10485

101123119

10287

101121116

10084

104121116

9681

108119119

9184

115118122

8686

116118

8588

110118

9787

103116121





Dairy Products1910-14 = 100

20012002200320042005

799836725811977

805805701836953

854774676953959

897768676

1112934

953744676

1186910

996707676

1118891

996682744989910

1014694817916910

1051713891953940

959744922959946

885731885996

830731848

1008

920744770986933

1990-92 = 100

20012002200320042005

100104

90101122

100100

87104119

1069684

119119

1129684

139116

1199384

148113

1248884

139111

1248593

123113

12687

102114113

13189

111119117

11993

115119118

11091

110124

10391

106126

1159396

123116

Poultry and Eggs1910-14 = 100

20012002200320042005

296295303373343

312271291390338

326271291414342

325244279392341

324257289397344

330280307411345

335265307406354

337262316367350

341258322330359

338243330322334

329269350331

287270339332

323265310372345

1990-92 = 100

20012002200320042005

105105108133122

11196

104139120

11696

104147122

1168799

139121

11592

103141122

117100109146123

11994

109144126

12093

112130125

12192

115117134

12086

118114125

11796

124118

10296

121118

11594

111132124



Reliability of Prices Received Estimates

Definition: Prices received represent sales from producers to first buyers. They include all grades andqualities. The average commodity price from the survey multiplied by the total quantity marketedtheoretically should give the total cash receipts for the commodity.

Survey Procedures: Primary sales data used to determine grain prices were obtained from probabilitysamples of about 2000 mills and elevators. These procedures ensure that virtually all grain moving intocommercial channels has a chance of being included in the survey. Generally, States surveyed account for90 percent or more of total U.S. production. Livestock prices are obtained from packers, stockyards, auctions,dealers, and market check data from AMS-USDA, private marketing organizations, and state commoditygroups and agencies. Inter-farm sales of grain and livestock are not included since they represent very smallpercentages of the total marketings. Grain marketed for seed is also excluded. Fruit and vegetable prices areobtained 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 andused to weight average strata prices to a state average. State prices are then weighted to a U.S. price based onexpanded marketings. Recommendations are prepared by the State Statistical Offices and reviewed by theAgricultural Statistics Board in Washington, D.C. State recommendations are reviewed for reasonablenesswith survey data, other States, and recent historic estimates.

Revisions: For most items, the current month's preliminary price represents a 3-5 day period around the 15th

of the month. Previous month's prices represent actual dollars received for quantities sold during the entiremonth. Revisions are published in monthly issues of Agricultural Prices.

Reliability: U.S. price estimates based on probability surveys generally have a sampling error of less thanone percent for the major commodities such as corn, wheat, soybeans, cotton, and rice. Current methods ofsummarization for non-probability commodities are not designed directly to calculate sampling errors. However, analytical measures approximate the U.S. relative sampling errors at around five percent. Anynonsampling errors are attributed to such things as the inability to obtain correct information, differences ininterpreting questions or definitions, mistakes in coding or processing the data, etc. Efforts are made at eachstep in the survey process to minimize these nonsampling errors.


Prices Paid by Farmers

The October Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates(PPITW) at 143 (1990-92=100), increased 0.7 percent from September 2005 and 5.1 percent fromOctober 2004.

PRODUCTION INDEX: The October index, at 142, increased 0.7 percent from last month and 6.0 percentfrom last year. Higher prices in October for feeder cattle, diesel fuel, LP gas, and feeder pigs more than offsetlower prices for feed concentrates, complete feeds, feed grains, and gasoline.

Feed: The October index, at 111, decreased 4.3 percent from September but is unchanged from last October. Since September, lower prices for feed concentrates, complete feeds, and feed grains account for most of thedecrease. Hay & forage prices were slightly higher.

Livestock & Poultry: The October index for livestock and poultry purchases, at 148, increased 7.2 percentfrom last month and 5.0 percent from last year. In October, prices are higher for all items. The Octoberfeeder cattle price, at $126.60 per cwt, is up $8.20 per cwt from the September price. October feeder pigsaveraged $128.00 per cwt, up $16.00 per cwt from September.

Fertilizer: The October index, at 167, is up 2.5 percent from September and 13 percent above October a yearago. Since September, higher prices for nitrogen fertilizers, mixed fertilizers, and potash & phosphatematerials account for the increase.

Agricultural Chemicals: The October index, at 121, is unchanged from September but 1.7 percent higherthan last October.

Fuels: The October index, at 288, is up 9.1 percent from a month earlier and up 41 percent fromOctober 2004. Compared with last month, prices are higher for diesel fuel and LP gas but lower for gasoline.

Farm Machinery: The October index, at 171, is unchanged from September but up 3.6 percent from lastOctober. Since September, prices are slightly lower for self-propelled machinery.

CONSUMER PRICE INDEX: The September 2005 Consumer Price Index for all urban consumers(CPI-U) increased 1.2 percent before seasonal adjustment to a level of 198.8 (1982-84=100). This compareswith the August index of 196.4. For the 12-month period ending in September, the overall index hasincreased 4.7 percent.


Indexes of Prices Paid by Farmers and Related Parity RatiosUnited States, October 2005 With Comparisons

Indexesand

Ratios

1910-14 = 100 1990-92 = 100

2004 2005 2004 2005

Oct Sep Oct Oct Sep Oct

Prices Paid by Farmers forCommodities & Services,Interest, Taxes, & WageRates (PPITW) Production Feed Livestock & Poultry Seeds Fertilizer Agricultural Chemicals Fuels Farm Supplies & Repairs Autos & Trucks Farm Machinery Building Materials Farm Services & Rent Farm Services Rent Interest 1

Taxes 2

Wage Rates Production, Interest, Taxes, & Wage Rates (PITW) Family Living-CPI 3

1,8051,296

5411,7961,564

542737

1,574985

2,9854,1301,8671,460

2,5933,4746,022

1,8041,813

*1,889 *1,367

*564 *1,769

1,694 *598 *749

*2,040 *1,020 *2,974 *4,297 *1,935 *1,512

2,6433,5426,067

*1,889 *1,888

1,9031,383

5411,8871,694

611751

2,2251,0202,9894,2851,9561,512

2,6433,5426,067

1,9071,888

136134111141158148119204139112165137

124120103130161

134142

142141

*116138171

*163 *121 *264 *144 *112 *171 *142

129123105132162

141 *147

143142111148171167121288144112171144

129123105132162

142147

Ratio (Received\Paid) Parity Ratio 4

Parity Ratio Adjusted 5

PPITW Adjusted for Productivity 6

4042

1,223

*39 *43

*1,244

3741

1,247

84 82 77

Crop Sector (PPITW) Livestock Sector (PPITW)

138133

*146138

147139

Farm Sector (Production) Non-Farm Sector (Production)

128136

*132145

133147

* Revised. 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), for the previous month converted by the

USDA. 4 Ratio of index of prices received to PPITW (1910-14=100). 5 Based on estimated cash receipts, from marketings and government payments, the preliminary adjustment factor is 1.105 for 2005

and the revised factor is 1.048 for 2004. 6 PPITW is adjusted based on productivity trend for the prior 15 years.


Prices Paid Indexes and Annual Weights for Input Components andSub-Components United States, October 2005 With Comparisons

IndexRelative Weights

5-Year Moving Average 1Input Indexes

2004 2005

2004 2005 Oct Sep Oct

Percent Percent (1990-92=100) (1990-92=100) (1990-92=100)

Production Items

Feed Feed Grains Complete Feeds Hay/Forages Concentrates Supplements Livestock & Poultry Feeder Cattle Feeder Pigs Milk Cow Replacements Poultry Seeds Field Crops Grasses/Legumes Fertilizer Mixed Fertilizer Nitrogen Potash & Phosphate Agricultural Chemicals Herbicides Insecticides Fungicides/Other Fuels Diesel Gasoline LP Gas Farm Supplies & Repairs Supplies Repairs Autos & Trucks Autos Trucks Farm Machinery Tractors Self-Propelled Other Machinery Building Materials Farm Services Custom Rates Other Services Rent Cash ShareInterestTaxesWage RatesFamily Living-CPI

66.2

10.71.55.21.31.70.97.45.80.60.60.43.33.00.34.41.91.80.63.72.40.90.52.71.50.80.45.41.83.61.80.21.64.00.91.61.53.3

12.41.3

11.17.13.83.34.73.07.6

18.5

66.4

10.71.55.21.31.70.97.76.00.60.60.53.53.20.34.31.91.80.63.62.30.80.52.71.60.80.45.21.73.51.80.21.54.00.91.61.53.6

12.41.3

11.16.93.73.24.52.97.6

18.6

134

11191

113115107132141143129145110158163111148128172137119113136118204212183216139129144112106113165149174164137124125124120145

91103130161142

141

*116 *84

*120125

*115 *133

138140

*122162110171177118

*163 *138 *188

166 *121

115 *139

121 *264 *272 *253 *257 *144 *134

149 *112 *107 *113 *171

155 *177

175 *142

129125130123147

94105132162

*147

142

11176

117126

99132148150139166110171177118167141193169121115138122288304242320144134149112108113171155176175144129125130123147

94105132162147

* Revised. 1 Weights may not add due to rounding.


Feed Price Ratios: United States, October 2005 with Comparisons

Feed Price Ratio 12004 2005

Oct Sep Oct

Broiler-Feed: Pounds of Broiler Grower Feedequal in value to 1 pound of broiler, live weight

Market Egg Feed: Pounds of Laying Feed equal in Value to 1 dozen eggs

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

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

6.4

5.8

24.4

3.27

42.6

8.4

*7.7

*9.4

*26.1

*3.26

*48.6

*9.1

7.7

6.8

28.0

3.44

55.2

9.9

* Revised. 1 Effective January 1995, prices of commercial prepared feeds are based on current U.S. prices received for corn, soybeans, alfalfa

hay, and all wheat.

Prices Used to Calculate Feed Price Ratios:United States, October 2005 with Comparisons

Commodity Unit2004 2005

Oct Sep Oct

Broilers, LiveEggs, Market

Hogs, AllMilk, All

Steers and HeifersTurkeys, Live

CornHay, Alfalfa, Baled

SoybeansWheat, All

LbDoz

CwtCwt

CwtLb

BuTon

BuBu

0.3900.306

52.2015.60

91.100.481

2.14100.00

5.563.43

0.4600.465

*49.50 *15.30

*92.300.507

*1.90107.00

*5.77 *3.35

0.4300.314

48.8015.40

96.000.529

1.74106.00

5.443.54

* Revised.

Feeder Livestock: Prices Paid, United StatesOctober 2005 with Comparisons

Commodity Unit2004 2005

Oct Sep Oct


Feeders and Stockers Cattle and CalvesFeeder Pigs

CwtCwt

121.50119.00

118.40 *112.00

126.60128.00

* Revised.


Prices Paid Indexes: Monthly and Annual AverageUnited States, 2001-2005


Commodities and Services, Interest, Taxes, and Wage Rates(PPITW)

1910-14 = 100

20012002200320042005

16561627168317351818

16511628169717391823

16461634170317581846

16461639169917771855

16461634169317931855

16471637169517941866

16411640169018011873

16421648169017971874

16441657170617971889

16361666171818051903

1626166117211799

1620166617181786

16421645170117821860

1990-92 = 100

20012002200320042005

124122126130137

124122127131137

124123128132139

124123128133139

124123127135139

124123127135140

123123127135141

123124127135141

123124128135142

123125129136143

122125129135

122125129134

123124128134140

Items Used for Production, Interest, Taxes, and Wage Rates(PITW)

1910-14 = 100

20012002200320042005

16541615167317291819

16471615168817331823

16401620169217531849

16391624168817751857

16371618168217921856

16381621168517931870

16311625167718021877

16321633167517961876

16331643169517961889

16251653171018041907

1614164817141795

1608165417111781

16331631169117791862

1990-92 = 100

20012002200320042005

123120125129135

123120126129136

122121126130138

122121126132138

122120125133138

122121125133139

121121125134140

122122125134140

122122126134141

121123127134142

120123128134

120123127133

122121126132139

1 Simple average and is year-to-date for current year.




Items Used for Production1910-14 = 100

20012002200320042005

11761139118312281297

11701138119612311300

11641143120012491323

11691149120012721339

11671143119412871339

11681146119612881351

11621154119512931356

11641162119312871355

11651171121012871367

11521172122112961383

1142116812241289

1137117312211276

11611155120312741341

1990-92 = 100

20012002200320042005

121117122127134

121117123127134

120118124129136

121118124131138

120118123133138

120118123133139

120119123133140

120120123133140

120121125133141

119121126134142

118120126133

117121126132

120119124132138

Feed1910-14 = 100

20012002200320042005

545529556573551

529524559592538

520530556606557

518534555639565

518529560658573

521539556633584

529555541625602

542568523582588

538576546564564

533566545541541

532557576531

534556574531

530547554590566

1990-92 = 100

20012002200320042005

112108114117113

108107114121110

107109114124114

106109114131116

106108115135117

107110114130120

108114111128123

111116107119120

110118112116116

109116112111111

109114118109

109114117109

109112114121116





Livestock and Poultry1910-14 = 100

20012002200320042005

14181394134014391710

13871405129814031710

13991361125414701760

14401301130815461806

14031251130316131789

14421213132217141783

14541223135317391733

14401245137117541704

14301259149217641769

14461287160417961887

1373134115641750

1401139515211704

14191306139416411765

1990-92 = 100

20012002200320042005

111109105113134

109110102110134

109106

98115138

113102102121141

11098

102126140

11395

103134139

11496

106136136

11397

107137133

11299

117138138

113101125141148

107105122137

110109119133

111102109128138

Seeds1910-14 = 100

20012002200320042005

12381329142615531564

12381329142615531564

12381329142615531564

13291426155315641694

13291426155315641694

13291426155315641694

13291426155315641694

13291426155315641694

13291426155315641694

13291426155315641694

1329142615531564

1329142615531564

13061402152115611655

1990-92 = 100

20012002200320042005

125134144157158

125134144157158

125134144157158

134144157158171

134144157158171

134144157158171

134144157158171

134144157158171

134144157158171

134144157158171

134144157158

134144157158

132142154158167





Fertilizer1910-14 = 100

20012002200320042005

497394412481570

513395427493571

513394463504576

495391471502579

473392466497583

452397454501584

436394449506586

421393453519584

412391457526598

403394461542611

398398463554

393400469562

451394454516584

1990-92 = 100

20012002200320042005

135108112131156

140108117134156

140107126137157

135107129137158

129107127136159

123108124137159

119107123138160

115107124142159

113107125143163

110107126148167

108109126151

107109128153

123108124141159

Agricultural Chemicals1910-14 = 100

20012002200320042005

761739752745732

748731752747729

746735744747726

747733746745740

747734746744741

745736747743741

74

Documents

Agricultural Prices - Cornell University...2005/10/31 · October 2005 5 NASS, USDA Index Numbers of Prices Received, United States, October 2005, with Comparisons Index 1910-14=100