agricultural prices 10/31/2019 - cornell university · 2019-10-31 · agricultural prices (october...

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Agricultural Prices ISSN: 1937-4216 Released October 31, 2019, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). September Prices Received Index Down 3.9 Percent The September Prices Received Index 2011 Base (Agricultural Production), at 87.0, decreased 3.9 percent from August and 1.6 percent from September 2018. At 86.7, the Crop Production Index was down 0.8 percent from last month and 1.6 percent from the previous year. The Livestock Production Index, at 87.3, decreased 6.8 percent from August and 1.6 percent from September last year. Compared to August 2019, producers received higher prices during September for apples, milk, and broccoli but lower prices for cattle, hogs, market eggs, and broilers. In addition to prices, the indexes are influenced by the volume change of commodities producers market. In September, there was increased monthly movement for soybeans, corn, apples, and dry beans and decreased marketing of cattle, wheat, cotton, and peaches. September Prices Paid Index Down 0.5 Percent The September Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 109.4, is down 0.5 percent from August 2019 but up 0.2 percent from September 2018. Lower prices in September for herbicides, insecticides, nitrogen, and feeder cattle more than offset higher prices for feeder pigs, LP gas, diesel, and repairs. Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base United States: September 2019 with Comparisons Index Group September 2018 August 2019 September 2019 (percent) (percent) (percent) Prices received by farmers ......................................................................... Prices paid by farmers ................................................................................ Ratio of prices received to prices paid ........................................................ 88.4 109.2 81 90.5 110.0 83 87.0 109.4 80

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Page 1: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Agricultural Prices

ISSN: 1937-4216

Released October 31, 2019, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department

of Agriculture (USDA).

September Prices Received Index Down 3.9 Percent

The September Prices Received Index 2011 Base (Agricultural Production), at 87.0, decreased 3.9 percent from August

and 1.6 percent from September 2018. At 86.7, the Crop Production Index was down 0.8 percent from last month and

1.6 percent from the previous year. The Livestock Production Index, at 87.3, decreased 6.8 percent from August and

1.6 percent from September last year. Compared to August 2019, producers received higher prices during September for

apples, milk, and broccoli but lower prices for cattle, hogs, market eggs, and broilers. In addition to prices, the indexes are

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

movement for soybeans, corn, apples, and dry beans and decreased marketing of cattle, wheat, cotton, and peaches.

September Prices Paid Index Down 0.5 Percent

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

109.4, is down 0.5 percent from August 2019 but up 0.2 percent from September 2018. Lower prices in September for

herbicides, insecticides, nitrogen, and feeder cattle more than offset higher prices for feeder pigs, LP gas, diesel, and

repairs.

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

Index Group September

2018 August 2019

September 2019

(percent) (percent) (percent)

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

88.4

109.2

81

90.5

110.0

83

87.0

109.4

80

Page 2: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

2 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

Contents

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

Prices Received Indexes, 2011 Base – United States: September 2019 with Comparisons ................................................... 5

Prices Received Indexes, 1910-1914 Base – United States: September 2019 with Comparisons .......................................... 5

Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2018 and 2019 .................................. 5

Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2018 and 2019 .......................................... 6

Prices Received for Field Crops and Fruits – United States: September 2019 with Comparisons ......................................... 7

Prices Received for Vegetables and Livestock – United States: September 2019 with Comparisons .................................... 8

Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2019 with Comparisons ............................ 9

Prices Received for Beef Cattle and All Hogs by Month – United States: 2019 with Comparisons ...................................... 9

Prices Received for All Wheat – States and United States: September 2019 with Comparisons ......................................... 10

Prices Received for Winter Wheat – States and United States: September 2019 with Comparisons ................................... 10

Prices Received for Durum Wheat – States and United States: September 2019 with Comparisons ................................... 11

Prices Received for Spring Wheat – States and United States: September 2019 with Comparisons .................................... 11

Prices Received for Oats – States and United States: September 2019 with Comparisons .................................................. 11

Prices Received for All Barley – States and United States: September 2019 with Comparisons ......................................... 12

Prices Received for Malting Barley – States and United States: September 2019 with Comparisons ................................. 12

Prices Received for Feed Barley – States and United States: September 2019 with Comparisons ...................................... 12

Prices Received for Corn – States and United States: September 2019 with Comparisons .................................................. 13

Prices Received for Sorghum Grain – States and United States: September 2019 with Comparisons ................................. 14

Prices Received for Soybeans – States and United States: September 2019 with Comparisons .......................................... 14

Prices Received for Dry Beans – States and United States: September 2019 with Comparisons ......................................... 14

Prices Received for Peanuts (in shell) – States and United States: September 2019 with Comparisons .............................. 15

Prices Received for Sunflower – States and United States: September 2019 with Comparisons ......................................... 15

Prices Received for Canola – States and United States: September 2019 with Comparisons .............................................. 15

Prices Received for Flaxseed – States and United States: September 2019 with Comparisons............................................ 15

Prices Received for Upland Cotton and Cottonseed – States and United States: September 2019

with Comparisons .............................................................................................................................................................. 16

Prices Received and Marketings for Upland Cotton and Rice – United States: September 2019

with Comparisons .............................................................................................................................................................. 16

Prices Received for Hay by Type – States and United States: September 2019 with Comparisons ..................................... 17

Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: September 2019 ................................ 17

Prices Received for Citrus Fruits by Utilization – States and United States: September 2018 ............................................. 18

Prices Received for Citrus Fruits by Utilization – States and United States: August 2019 .................................................. 19

Prices Received for Citrus Fruits by Utilization – States and United States: September 2019 ............................................. 20

Prices Received for All Milk – States and United States: September 2019 with Comparisons ............................................ 21

Prices Received for Milk Cows – States and United States: October 2019 with Comparisons ............................................ 21

Parity Price Overview ........................................................................................................................................................... 22

Commodity Parity Prices and Price as Percent of Parity Price – United States: September 2019

with Comparisons .............................................................................................................................................................. 23

Commodity Parity Prices – United States: September 2019 with Comparisons ................................................................... 24

Commodity Parity Prices – United States: September 2019 with Comparisons (continued) ............................................... 25

Marketing Year for Specified Commodities ......................................................................................................................... 26

Cotton and Cottonseed Market Year Average Prices Received – States and United States: Marketing Years

2017 and 2018 .................................................................................................................................................................... 26

Upland Cotton Prices Received by Month – States and United States: Marketing Years 2017-2018

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

Cottonseed Prices Received by Month – States and United States: Marketing Year 2018-2019 ......................................... 28

Upland Cotton Marketings by Month – Marketing Years 2017-2018 and 2018-2019 ......................................................... 28

Upland Cotton Marketing Percentages by Month – States and United States: Marketing Years 2017-2018

and 2018-2019 ................................................................................................................................................................... 29

All Rice Prices Received and Marketing Percentages by Month – United States: Marketing Years 2016-2017

through 2018-2019 ............................................................................................................................................................. 30

Page 3: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Agricultural Prices (October 2019) 3 USDA, National Agricultural Statistics Service

Long Grain Rice Prices Received and Marketing Percentages by Month – United States: Marketing Years

2016-2017 through 2018-2019 .......................................................................................................................................... 30

Medium and Short Grain Rice Prices Received and Marketing Percentages by Month – United States: Marketing

Years 2016-2017 through 2018-2019 ................................................................................................................................ 31

Medium and Short Grain Rice Prices Received by Month – California and Other States: Marketing Years

2017-2018 through 2018-2019 .......................................................................................................................................... 31

Reliability of Prices Received Estimates .............................................................................................................................. 32

Prices Paid by Farmers .......................................................................................................................................................... 33

Prices Paid Indexes and Related Parity Ratios – United States: September 2019 with Comparisons .................................. 34

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

September 2019 with Comparisons ................................................................................................................................... 35

Feed Price Ratios – United States: September 2019 with Comparisons ............................................................................... 36

Prices Received Used to Calculate Feed Price Ratios – United States: September 2019 with Comparisons ....................... 36

Prices Paid for Feeder Livestock – United States: September 2019 with Comparisons ....................................................... 36

Reliability of Prices Paid Estimates ...................................................................................................................................... 37

Information Contacts ............................................................................................................................................................ 38

Page 4: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

4 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

September Prices Received by Farmers

Crop production: The September index, at 86.7, is 0.8 percent lower than August and 1.6 percent lower than

September 2018. The vegetable & melon and grain & oilseed index decreases more than offset the fruit & tree nut and

other crop index increases.

Grain and oilseed: The September index, at 64.9, is down 0.8 percent from August and 0.2 percent from

September 2018. Oilseed and feed grain index decreases offset the higher food grain index.

Feed grain: The September index, at 63.7, decreased 4.4 percent from last month but increased 10.6 percent from a year

ago. The corn price, at $3.80 per bushel, is down 13 cents from last month but up 40 cents from September 2018. At $5.99

per cwt, sorghum grain is 12 cents above August but 10 cents below September a year earlier.

Food grain: At 64.2, the index for September increased 3.7 percent from the previous month but decreased 12.8 percent

from a year ago. The September price for all wheat, at $4.26 per bushel, is 9 cents lower than August and 89 cents lower

than September 2018.

Oilseed: At 67.0, the index for September decreased 0.3 percent from August and 5.1 percent from September 2018. The

soybean price, at $8.35 per bushel, is 13 cents higher than August but 43 cents lower than September a year earlier.

Fruit and tree nut: The September index, at 129.4, is up 3.6 percent from August but down 1.1 percent from a year

earlier. Price increases during September for apples, grapes, and lemons more than offset the price decrease for peaches.

Vegetable and melon: At 101.1, the index for September decreased 3.5 percent from the previous month but increased

11.5 percent from September 2018. Price declines during September for onions, potatoes, and tomatoes more than offset

price increases for broccoli, celery, and cauliflower.

Other crop: The September index, at 92.8, is up 7.5 percent from the previous month but down 3.6 percent from

September 2018. The all hay price, at $159.00 per ton, is $3.00 lower than August and $5.00 lower than September 2018.

At 61.5 cents per pound, the price for upland cotton is 4.9 cents higher than August but 9.3 cents lower than

September 2018.

Livestock production: The index for September, at 87.3, decreased 6.8 percent from the previous month and 1.6 percent

from September a year earlier. Compared with a year ago, prices are lower for broilers, cattle, market eggs, and calves.

Prices for milk, hogs, and turkeys are higher than a year earlier.

Meat animal: At 85.8, the September index decreased 9.4 percent from the previous month and 3.3 percent from a year

earlier. At $47.70 per cwt, the September hog price is $10.80 lower than August but $4.50 higher than a year earlier. The

September beef cattle price of $103.00 per cwt is $8.00 lower than the previous month and $5.00 lower than

September 2018.

Dairy: The index for September, at 96.0, is up 2.1 percent from the previous month and 14.1 percent from September a

year ago. The September all milk price of $19.30 per cwt is 40 cents higher than August and $2.40 higher than

September 2018.

Poultry and egg: At 82.6, the September index decreased 9.4 percent from August and 14.6 percent from

September 2018. The September market egg price, at 42.4 cents per dozen, is 23.8 cents lower than August and 28.7 cents

lower than September 2018. The September broiler price, at 39.1 cents per pound, is 3.0 cents lower than August and

6.9 cents lower than a year ago. At 62.2 cents per pound, the September turkey price is 3.0 cents higher than the previous

month and 9.1 cents higher than September 2018.

Food Commodities: The index, at 89.3, decreased 4.5 percent from the previous month and 1.8 percent from

September 2018.

Page 5: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service

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

Index Group

2011 Base

September 2018

August 2019

September 2019

(percent) (percent) (percent)

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

88.4 88.1 65.0 57.6 73.6 70.6

130.8 90.7 96.3

88.7 88.7 95.7 65.0 84.1 96.7

90.9

90.5 87.4 65.4 66.6 61.9 67.2

124.9 104.8 86.3

93.7 94.7 96.7 88.0 94.0 91.2

93.5

87.0 86.7 64.9 63.7 64.2 67.0

129.4 101.1 92.8

87.3 85.8 90.4 71.7 96.0 82.6

89.3

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

Index Group

1910 - 1914 Base

September 2018

August 2019

September 2019

(percent) (percent) (percent)

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

912 768

1030

934 762

1088

898 756

1014

Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2018 and 2019 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank data cells indicate estimation period has not yet begun]

Month

2011 Base

Agricultural production

Crop production

Livestock production

Food commodities

2018 2019 2018 2019 2018 2019 2018 2019

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

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

86.0 90.9 94.9 92.8 94.7 95.1 91.7 89.7 88.4 85.2 88.4 90.1

85.2 89.2 91.9 92.8 91.9 92.5 89.9 90.5 87.0

78.6 86.8 87.9 88.3 89.0 90.3 86.9 89.7 88.1 80.2 84.1 87.7

77.3 83.6 85.7 84.6 83.9 87.7 86.7 87.4 86.7

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

97.2 94.7 97.5

100.1 98.8 97.0 93.5 93.7 87.3

92.7 95.2 99.7 96.1 98.1 98.9 95.0 92.1 90.9 88.9 94.2 94.5

92.4 93.8 97.2 97.5 96.0 95.8 92.0 93.5 89.3

Page 6: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

6 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2018 and 2019 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank data cells indicate estimation period has not yet begun]

Month

2011 Base

All items (PPITW)

Production Crop

sector Livestock

sector

2018 2019 2018 2019 2018 2019 2018 2019

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

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

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

110.9 111.0 111.1 111.7 111.1 110.5 110.6 110.0 109.4

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

107.7 107.8 107.8 108.6 107.8 107.0 107.1 106.3 105.5

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

112.2 112.4 112.2 112.2 112.1 112.0 112.0 111.7 111.0

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

109.5 109.6 110.0 111.1 110.0 108.9 109.0 108.1 107.7

Page 7: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Agricultural Prices (October 2019) 7 USDA, National Agricultural Statistics Service

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

Commodity 2011

Base Price September 2018 August 2019 September 2019

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

4.79 4.59 4.83

34.60 23.10 35.70 39.20 23.40 6.02

0.880

131.00 14.20

159.00 176.00 119.00 27.50 3.42

0.252

13.60 13.70 12.30 18.40 10.70 12.50 29.00

7.44 6.93 9.22 8.33 7.07 6.77 8.38 6.58

7.47 12.30 8.16

0.325 628.00 507.00 559.00 104.00

4.49 3.07 4.72

25.70 15.20 23.10 23.00 23.20 3.40

0.708

141.00 9.79

164.00 179.00 135.00 22.90 2.62

0.223

11.30 12.40 11.30 17.80 6.09 8.78

16.70

5.15 5.14 5.00 5.16 5.10 4.79 5.16 5.21

15.16 49.63 20.17

0.452 1,210.00

918.00 660.00 84.00

4.74 3.43 4.89

24.20 14.50 19.80 19.50 21.40 3.93

0.566

149.00 8.84

162.00 179.00 127.00 13.40 2.76

0.205

9.16 12.10 10.70 18.30 5.87 8.22

17.90

4.35 4.28 4.67 4.45 3.88 4.91 4.39 5.29

5.81 27.97 7.31

0.402 1,260.00 1,150.00

696.00 83.30

4.55 3.18 4.78

24.90 14.20 18.90 18.20 22.30 3.80

0.615

150.00 8.84

159.00 181.00 120.00 15.00 2.76

0.198

10.50 12.20 11.20 17.40 5.99 8.35

18.50

4.26 4.20 4.65 4.34 3.77 4.89 4.30 5.14

8.08 29.34 7.70

0.489 1,310.00

941.00 722.00 104.00

Page 8: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

8 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

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

Commodity 2011

Base Price September 2018 August 2019 September 2019

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

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

142.00 115.00 71.60

117.00 1,420.00

66.50 66.80 57.90

20.10 3.71

0.459 0.969 0.796 0.680

(S) (S)

51.40 20.00 26.30 45.30 18.60 30.50 19.10 25.90 11.20 9.44

29.00

169.00 108.00 60.80

110.00 (NA)

43.20 43.70 28.60

16.90 3.84

0.460 0.931 0.711 0.531

(S) (S)

43.60 21.80 28.50 57.70 23.30 51.80 18.80 22.70 30.30 14.50 34.20

142.00 111.00 68.30

112.00 (NA)

58.50 59.30 38.30

18.90 3.78

0.421 0.891 0.662 0.592

(S) (S)

71.60 25.90 28.80 65.20 26.30

(S) 24.00 22.90 11.90 13.30 33.00

144.00 103.00 65.60

104.00 (NA)

47.70 48.30 31.90

19.30 3.85

0.391 0.680 0.424 0.622

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

0.979

101 20.20

100

0.991

94 16.20

104

0.867

103 18.70

101

0.727

94 18.50

104

- Represents zero. (D) Withheld to avoid disclosing data for individual operations. (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 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Agricultural Prices (October 2019) 9 USDA, National Agricultural Statistics Service

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

Month All wheat Corn Soybeans

2017 2018 2019 2017 2018 2019 2017 2018 2019

(dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel)

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

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

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

5.28 5.33 5.19 4.93 4.78 4.81 4.52 4.35 4.26

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

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

3.56 3.60 3.61 3.53 3.63 3.98 4.16 3.93 3.80

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

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

8.64 8.52 8.52 8.28 8.02 8.31 8.38 8.22 8.35

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

Month Beef cattle 1 All hogs 2

2017 2018 2019 2017 2018 2019

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

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

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

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

121.00 123.00 126.00 125.00 120.00 114.00 112.00 111.00 103.00

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

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

44.60 43.40 46.50 59.40 62.30 59.50 56.60 58.50 47.70

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

Page 10: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

10 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

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

State September 2018 August 2019 September 2019

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

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

(S) (D) (S)

4.67 5.12 3.98 4.95 5.04 5.17 5.15

4.90 5.21 4.82 4.97 4.98 5.21 4.90 5.83 5.14 5.92 5.30

5.15

(D) (D) (D)

3.71 4.98 4.67 4.62 3.70 5.08 4.53

4.86 4.53 3.64 5.11 4.32 5.11 3.88 5.34 4.35 4.14 5.45

4.35

(D) (S) (D)

3.65 4.84 4.48 5.00 3.61 5.05 4.35

4.92 4.33 3.45 4.80 4.15 5.05 3.77 5.42 4.17 4.24 5.26

4.26

(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: September 2019 with Comparisons State September 2018 August 2019 September 2019

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

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

(D) (S)

4.67 5.03 3.98 4.95 5.04 5.17 (D)

4.90

5.13 4.82 4.97 5.03 5.21 4.90 5.70 5.10 5.92 5.26

5.14

(D) (D)

3.71 4.96 4.67 4.62 3.70 5.08 4.02 4.86

4.32 3.64 5.11 3.99 5.11 3.88 5.33 4.30 4.14 5.46

4.28

(S) (D)

3.65 4.84 4.48 5.00 3.61 5.05 (NA) 4.92

4.01 3.45 4.80 3.40 5.05 3.77 5.42 4.00 4.24 5.25

4.20

(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 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Agricultural Prices (October 2019) 11 USDA, National Agricultural Statistics Service

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

State September 2018 August 2019 September 2019

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

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

(S) (S) (D)

5.62 4.83

5.00

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

4.63

4.67

(D) (S) (D)

4.89 4.52

4.65

(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: September 2019 with Comparisons

State September 2018 August 2019 September 2019

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

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

(D) 5.25 5.16 5.24 5.00 6.30 5.15 5.50

5.16

(S) 5.00 4.53 4.84 4.25 5.39 4.48 5.38

4.45

(NA) 4.84 4.35 4.52 4.12 (NA) 4.34 5.31

4.34

(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 Oats – States and United States: September 2019 with Comparisons

State September 2018 August 2019 September 2019

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

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

(S) 2.73 3.43 2.34

(S) (D)

2.88 2.26 (D)

4.06 2.33

(S) 2.64

2.62

(D) 3.25 3.24 2.78 (D)

2.38 (D)

2.22 (S)

3.91 2.72

(S) 3.03

2.76

(S) 3.38 3.11 2.26

(S) 2.68 (D)

2.26 (S)

3.85 2.77 (D)

3.07

2.76

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

Page 12: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

12 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

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

State September 2018 August 2019 September 2019

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

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

(D) (D)

4.47 4.21 4.89 4.11 2.94 (D)

4.49

(D) 4.65 5.02 4.48 4.78 4.13 (D)

4.94

4.74

(D) 4.65 4.89 4.35 4.29 4.04 4.00 (D)

4.55

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

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

State September 2018 August 2019 September 2019

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

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

(D) 4.65 4.76 4.27 4.97 4.32

(S) (D)

4.72

(D) 4.70 5.12 4.49 4.83 4.39 (D) (D)

4.89

(D) 4.65 5.14 4.36 4.42 4.26 (D) (D)

4.78

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

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

State September 2018 August 2019 September 2019

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

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

(S) (D)

3.29 (D)

2.88 3.00 2.94 (D)

3.07

(D) (D)

3.61 (D)

3.23 3.34 (D) (D)

3.43

(S) (S)

3.40 (D)

2.73 2.90 3.26 (D)

3.18

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

Page 13: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Agricultural Prices (October 2019) 13 USDA, National Agricultural Statistics Service

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

State September 2018 August 2019 September 2019

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

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

3.47 3.38 3.45 3.29 3.47 3.61 3.39 3.10 3.44 3.30

4.30 3.20 3.46 3.76 3.07 3.65 3.88 3.29

3.40

4.04 3.88 4.27 3.91 3.84 4.21 4.31 3.71 4.06 3.80

4.56 3.46 4.30 4.48 3.77 4.02 4.03 3.89

3.93

4.00 3.77 3.96 3.72 3.77 3.89 4.05 3.57 3.74 3.72

4.34 3.56 4.11 4.29 3.57 3.84 3.96 3.69

3.80

Page 14: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

14 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

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

State September 2018 August 2019 September 2019

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

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

(S) 5.35 (D)

5.81 5.29 5.86 7.10

6.09

(S) 6.08 (D)

7.59 5.50 5.72 5.83

5.87

(NA) 5.74 (NA) (NA) 5.54 5.57 6.20

5.99

(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 Soybeans – States and United States: September 2019 with Comparisons

State September 2018 August 2019 September 2019

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

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

9.39 9.08 8.75 8.44 7.97 9.22 9.22 8.72 8.32 (D)

8.64 8.63 8.89 8.56 8.86 7.96 9.32 8.92

8.78

8.46 8.46 8.60 8.28 8.00 8.46 8.25 8.50 8.09 8.08

8.29 7.84 8.39 7.52 8.60 7.74 8.39 8.25

8.22

8.73 8.71 8.60 8.14 7.88 8.50 8.53 8.54 8.41 8.63

8.32 8.00 8.41 7.70 8.58 7.83 8.51 8.17

8.35

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

Prices Received for Dry Beans – States and United States: September 2019 with Comparisons State September 2018 August 2019 September 2019

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

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

(D) 37.60 27.00

(D) 26.50

(D) 24.50

25.70

(D) (D)

21.30 (D) (D) (D)

21.40

24.20

(D) (D) (D)

27.00 26.20

(D) 23.10

24.90

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

Page 15: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Agricultural Prices (October 2019) 15 USDA, National Agricultural Statistics Service

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

State September 2018 August 2019 September 2019

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

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

0.217 0.189 0.209 0.218 0.209

(S) 0.244 0.236 0.222 0.252 0.243

0.223

0.198 0.208 0.206 0.202 0.194

(S) 0.222 0.229 0.201 0.253 0.218

0.205

0.200 0.200 0.197 0.186 0.204

(S) 0.220 0.217 0.203 0.234 0.223

0.198

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

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

State September 2018 August 2019 September 2019

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

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

(D) (D)

17.40 16.30

16.70

(D) 17.10 19.50 17.00

17.90

(D) (D)

22.90 16.90

18.50

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

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

State September 2018 August 2019 September 2019

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

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

16.90 (D)

15.20 (S)

15.20

(D) (D)

14.30 (D)

14.50

(D) 12.70 14.20

(S)

14.20

(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: September 2019 with Comparisons

State September 2018 August 2019 September 2019

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

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

9.79

9.79

8.84

8.84

8.84

8.84

Page 16: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

16 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

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

State

Cotton, Upland Cottonseed

September 2018

August 2019

September 2019

September 2018

August 2019

September 2019

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

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

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

0.710

0.708

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

0.576

0.566

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

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

0.619

0.615

115.00 (NA) (NA) (NA)

109.00 (NA) (NA) (NA) (NA)

139.00

141.00

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

149.00

149.00

120.00 (NA)

(D) (NA)

115.00 150.00 154.00

(D) (D)

154.00

150.00

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate.

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

Item September 2018 August 2019 September 2019

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

0.708 444

12.40 8,173

11.30 6,769

20.00

12.60

17.80 1,404

0.566 74

12.10 9,653

10.70 7,890

19.80

12.10

18.30 1,763

0.615 250

12.20 9,567

11.20 8,027

20.00

12.50

17.40 1,540

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 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Agricultural Prices (October 2019) 17 USDA, National Agricultural Statistics Service

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

State

All hay Alfalfa hay Other hay

September 2018

August 2019

September 2019

September 2018

August 2019

September 2019

September 2018

August 2019

September 2019

(dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton)

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

209.00 189.00 215.00 158.00 149.00 112.00 151.00 165.00 134.00 109.00

119.00 137.00 107.00 171.00 224.00 128.00 84.00

136.00 99.00

198.00

167.00 99.00

142.00 174.00 188.00 145.00 164.00

164.00

190.00 183.00 225.00 159.00 154.00 116.00 135.00 156.00 161.00 105.00

120.00 146.00 103.00 170.00 223.00 170.00 83.00

166.00 93.00

203.00

183.00 96.00

118.00 180.00 195.00 170.00 173.00

162.00

190.00 186.00 234.00 157.00 162.00 117.00 122.00 146.00 160.00 115.00

117.00 146.00 103.00 170.00 214.00 146.00 85.00

160.00 100.00 195.00

167.00 97.00

107.00 175.00 193.00 176.00 176.00

159.00

210.00 200.00 215.00 155.00 165.00 114.00 169.00 220.00 145.00 120.00

160.00 140.00 113.00 170.00 230.00 165.00 88.00

175.00 186.00 200.00

184.00 101.00 198.00 175.00 185.00 154.00 170.00

179.00

190.00 195.00 225.00 160.00 170.00 121.00 142.00 210.00 175.00 131.00

150.00 145.00 111.00 170.00 230.00 191.00 89.00

200.00 150.00 205.00

196.00 100.00 179.00 180.00 200.00 192.00 180.00

179.00

190.00 200.00 235.00 160.00 175.00 123.00 139.00 210.00 180.00 134.00

150.00 145.00 110.00 170.00 220.00 164.00 90.00

200.00 195.00 200.00

190.00 108.00 178.00 175.00 200.00 190.00 185.00

181.00

200.00 150.00 215.00 180.00 110.00 103.00 108.00 150.00 120.00 80.00

110.00 125.00 94.00

190.00 170.00 122.00 68.00

115.00 92.00

190.00

161.00 92.00

119.00 135.00 195.00 120.00 140.00

135.00

200.00 150.00 225.00 150.00 125.00 97.00

103.00 130.00 115.00 78.00

115.00 150.00 85.00

175.00 185.00 165.00 65.00

115.00 85.00

200.00

179.00 81.00 95.00

145.00 185.00 112.00 150.00

127.00

200.00 140.00 230.00 140.00 130.00 99.00 97.00

125.00 120.00 86.00

110.00 150.00 88.00

160.00 180.00 140.00 67.00

125.00 91.00

180.00

160.00 74.00 87.00

145.00 175.00 135.00 150.00

120.00

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

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

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

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

(NA)

215.00 190.00 180.00 209.00 246.00 278.00 223.00 250.00

208.00

215.00 185.00 190.00 182.00 200.00 255.00 226.00 236.00

204.00

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

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

and Wisconsin.

Page 18: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

18 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

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

Commodity, State,

and type

FOB packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

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

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

(D)

(S) 79.30

79.20

41.90 (S)

41.90 (S) (S) (S) (S) (S) (S)

41.80

17.66

(S) (S) (S) (S)

18.02

(S) 55.98

56.01

23.01 (S)

23.01 (S) (S) (S) (S) (S) (S)

23.00

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

(D)

(S) 69.07

68.95

31.98 (S)

31.98 (S) (S) (S) (S) (S) (S)

31.89

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

(D)

(S) (S)

(D)

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

(D)

14.80

(S) (S) (S) (S)

15.16

(S) 49.60

49.63

20.18 (S)

20.18 (S) (S) (S) (S) (S) (S)

20.17

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

(D)

(S) 62.42

62.30

29.22 (S)

29.22 (S) (S) (S) (S) (S) (S)

29.13

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

(D)

(S) (S)

(D)

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

(D)

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

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Agricultural Prices (October 2019) 19 USDA, National Agricultural Statistics Service

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

Commodity, State,

and type

FOB packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

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

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

(D)

(S) 49.30

49.30

23.50 (S)

23.50 (S) (S) (S) (S) (S) (S)

23.50

9.07

(S) (S) (S) (S)

9.07

(S) 34.57

34.57

10.14 (S)

10.14 (S) (S) (S) (S) (S) (S)

10.18

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

(D)

(S) 38.87

38.87

13.38 (S)

13.38 (S) (S) (S) (S) (S) (S)

13.39

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

(D)

(S) (D)

(D)

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

(D)

5.81

(S) (S) (S) (S)

5.81

(S) 27.97

27.97

7.26 (S)

7.26 (S) (S) (S) (S) (S) (S)

7.31

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

(D)

(S) 32.09

32.09

10.56 (S)

10.56 (S) (S) (S) (S) (S) (S)

10.56

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

(D)

(S) (D)

(D)

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

(D)

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

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20 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

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

Commodity, State,

and type

FOB packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

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

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

(D)

(D) 50.60

51.20

25.80 (S)

25.80 (S) (S) (S) (S) (S) (S)

25.80

10.72

(S) (S) (S) (S)

11.26

(D) 35.17

35.93

10.20 (S)

10.20 (S) (S) (S) (S) (S) (S)

10.61

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

(D)

(D) 40.17

40.77

15.68 (S)

15.68 (S) (S) (S) (S) (S) (S)

15.68

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

(D)

(D) (D)

(D)

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

(D)

7.53

(S) (S) (S) (S)

8.08

(D) 28.59

29.34

7.30 (S)

7.30 (S) (S) (S) (S) (S) (S)

7.70

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

(D)

(D) 33.39

33.99

12.86 (S)

12.86 (S) (S) (S) (S) (S) (S)

12.86

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

(D)

(D) (D)

(D)

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

(D)

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

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Agricultural Prices (October 2019) 21 USDA, National Agricultural Statistics Service

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

State September 2018 August 2019 September 2019

Price Fat test Price Fat test Price Fat test

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

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

16.20 16.56 17.30 19.90 17.50 16.40 17.20 16.00 17.40 15.80

15.40 17.70 15.10 17.10 16.40 19.50 17.10 18.30 17.30 16.80

17.50 17.50 17.40 17.50

16.90

3.60 3.89 3.69 3.71 3.59 3.93 3.83 3.67 3.88 3.76

3.73 3.95 3.65 3.76 3.77 4.00 3.71 4.09 4.04 3.82

3.81 3.70 4.00 3.82

3.84

18.60 18.70 19.10 23.10 21.10 18.30 19.20 18.50 19.30 17.70

17.60 19.40 17.20 19.10 18.80 21.50 19.40 20.20 19.20 18.60

19.50 20.30 19.20 19.10

18.90

3.66 3.71 3.65 3.68 3.63 3.82 3.78 3.72 3.84 3.83

3.69 3.92 3.64 3.74 3.72 3.96 3.71 4.05 4.02 3.76

3.80 3.66 3.96 3.77

3.78

18.70 18.60 19.40 22.50 20.70 19.10 19.70 18.80 20.40 18.00

17.90 20.40 17.40 19.40 19.30 22.10 19.60 21.20 19.60 19.10

19.70 20.10 19.10 19.90

19.30

3.69 3.78 3.76 3.72 3.66 3.94 3.85 3.84 3.90 3.87

3.77 3.97 3.69 3.84 3.83 3.94 3.81 4.15 4.06 3.88

3.89 3.73 3.94 3.85

3.85

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

Prices Received for Milk Cows – States and United States: October 2019 with Comparisons [Animals sold for dairy herd replacement only. Quarterly United States milk cow prices are based on revised milk cow inventory]

State October 2018 July 2019 October 2019

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

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

1,450 1,200 1,350 1,260 1,220 1,350 1,210 1,100 1,170 1,400

1,200 1,050 1,450 1,100 1,050 1,400 1,150 1,270 1,450 1,300

1,250 1,120 1,300 1,180

1,230

1,350 1,300 1,200 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 1,350 1,100

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

1,240

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 1,400 1,250

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

1,310

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

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22 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

Parity Price Overview

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

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

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

1956.

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

computation is as follows:

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

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

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

commodities for which applicable.

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

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

give an "adjusted base price".

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

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

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

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

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

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

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

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

Act.

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Agricultural Prices (October 2019) 23 USDA, National Agricultural Statistics Service

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

Commodity and unit Adjusted

base price

Parity price Price as percent

of parity

September 2018

August 2019

September 2019

September 2018

August 2019

September 2019

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

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

0.571 1.34

0.438

0.069 0.140 0.023 2.42 3.26 2.55

1.76 0.186

0.140 0.425

0.035 0.502 1.87

19.50 3.19 1.09

0.288 1.07

0.742 1.09 2.10

0.837 1.87

1.010

11.70 0.052 17.00 0.102 5.69

0.066

17.60 39.90 13.20

2.00 3.99

0.676 70.80 96.30 77.80

52.00 5.14

3.85 11.90

1.030 14.90 55.20

593.00 95.70 33.80 8.58

32.60 22.30 32.60 64.00

21.60 54.90 26.70

335.00 1.50

485.00 2.97

166.00 1.940

17.00 39.90 13.00

2.05 4.17

0.684 72.00 97.00 75.90

52.40 5.53

4.17 12.60

1.040 14.90 55.60

580.00 94.90 32.40 8.57

31.80 22.10 32.40 62.50

24.90 55.60 30.00

348.00 1.55

506.00 3.03

169.00 1.960

16.90 39.70 13.00

2.04 4.15

0.681 71.70 96.60 75.50

52.10 5.51

4.15 12.60

1.040 14.90 55.40

578.00 94.50 32.30 8.53

31.70 22.00 32.30 62.20

24.80 55.40 29.90

347.00 1.54

504.00 3.02

169.00 1.950

29 31 26

35 35 33 33 24 29

31 42

38 42

44 30 28 24 27 29 31 29 27 27 26

70 90 76

32 31 35 33 26 27

26 30 30

28 28 30 30 20 18

36 39

42 42

39 32 26 26 26 27 32 46 27 25 29

23 50 24

32 27 28 29 35 30

25 31 29

30 28 29 31 19 20

36 39

42 42

47 31 26 26 26 27 32 42 27 26 30

33 53 26

30 25 29 24 28 32

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

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

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24 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

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

Commodity and unit Adjusted

base price

Parity price

September 2018

August 2019

September 2019

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

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

0.406 3.15 2.64

0.628 2.19 1.75 2.06

0.187 0.257 0.184 0.173 0.229 0.201

20.30

128.00 313.00 198.00

210.00 0.030 3.55

184.00

147.00 75.90

105.00 78.50

111.00

11.60 97.50 79.90 18.50 65.80 50.80 59.90

5.40 7.46 5.29 5.02 6.70 5.76

593.00

3,550.00 9,190.00 5,870.00

6,310.00

0.940 113.00

4,670.00

4,320.00 2,110.00 3,080.00 2,140.00 3,110.00

12.10 93.70 78.50 18.70 65.20 52.10 61.30

5.56 7.65 5.47 5.15 6.81 5.98

604.00

3,810.00 9,310.00 5,890.00

6,250.00

0.893 106.00

5,470.00

4,370.00 2,260.00 3,120.00 2,340.00 3,300.00

12.00 93.30 78.20 18.60 64.90 51.80 61.00

5.54 7.61 5.45 5.12 6.78 5.95

601.00

3,790.00 9,270.00 5,860.00

6,220.00

0.889 105.00

5,450.00

4,350.00 2,250.00 3,110.00 2,330.00 3,290.00

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

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Agricultural Prices (October 2019) 25 USDA, National Agricultural Statistics Service

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

Commodity and unit Adjusted

base price

Parity price

September 2018

August 2019

September 2019

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

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

0.045

103.00 43.30

39.20

63.90

74.50

178.00

9.82 3.74

5.10 3.50

0.253 237.00 0.244

236.00

2.82 4.66 2.05 2.04 2.52 1.41 4.01

1.23

2,850.00 1,270.00

1,110.00

1,860.00

2,010.00 5,020.00

282.00 106.00

150.00 102.00

7.11 6,900.00

6.96 6,930.00

81.60 135.00 58.20 59.30 71.40 41.40

119.00

1.34

3,060.00 1,290.00

1,170.00

1,900.00

2,220.00 5,300.00

292.00 111.00

152.00 104.00

7.53 7,050.00

7.26 7,020.00

83.90 139.00

61.00 60.70 75.00 41.90

119.00

1.33

3,050.00 1,280.00

1,160.00

1,890.00

2,210.00 5,270.00

291.00 111.00

151.00 104.00

7.49 7,020.00

7.23 6,990.00

83.50 138.00 60.70 60.40 74.60 41.80

119.00

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

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

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

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26 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

Marketing Year for Specified Commodities

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

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

Rice: August 1 to July 31 for United States; July 1 to June 30 for Louisiana and Texas; August 1 to July 31 for Arkansas

and Mississippi; October 1 to September 30 for California; September 1 to August 31 for Missouri.

Cotton and Cottonseed Market Year Average Prices Received – States and United States: Marketing Years 2017 and 2018

State

Cotton Cottonseed

Pima Upland

2017 2018 2017 2018 2017 2018

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

Alabama ....................... Arizona ......................... Arkansas ....................... California ...................... Florida ........................... Georgia ......................... Kansas .......................... Louisiana ...................... Mississippi .................... Missouri ........................ New Mexico .................. North Carolina ............... Oklahoma ..................... South Carolina .............. Tennessee .................... Texas ............................ Virginia .......................... United States ................

(NA) (D)

(NA) (D)

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

(D)

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

(D) (NA)

1.390

(NA) (D)

(NA) (D)

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

(D)

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

(D) (NA)

1.150

0.729 0.727 0.710

(D) 0.729 0.750

(D) 0.715 0.738 0.747

0.507 0.709 0.712 0.726 0.680 0.663 0.699

0.686

0.730 0.680 0.708

(D) 0.709 0.741 0.600 0.755 0.751 0.712

(D)

0.748 0.653 0.747 0.696 0.679 0.718

0.703

118.00 183.00 152.00 226.00 100.00 116.00 170.00 160.00 156.00 152.00

164.00 118.00 116.00 133.00 137.00 138.00 121.00

142.00

118.00 214.00 152.00 260.00 110.00 113.00 175.00 148.00 157.00 153.00

200.00 127.00 140.00 123.00 143.00 159.00 133.00

155.00

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available.

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Agricultural Prices (October 2019) 27 USDA, National Agricultural Statistics Service

Upland Cotton Prices Received by Month – States and United States: Marketing Years 2017-2018 and 2018-2019

State 2017-2018

August September October November December January 1

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

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

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

0.647

0.648

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

0.637

0.641

0.558 (D)

0.701 (D)

0.721 0.676 0.715 0.648 0.600 0.657

0.665

0.683 (D) (D) (D)

0.716 0.691 0.691 0.669

(D) 0.662

0.673

0.716 (D) (D) (D)

0.754 0.743 0.704 0.692

(D) 0.665

0.686

0.729 (D)

0.713 (D)

0.747 0.721 0.717 0.732

(D) 0.677

0.689

State February March April May June July

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

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

0.728 (D) (D) (D)

0.736 0.736 0.739 0.737

(D) 0.665

0.681

0.720 (D)

0.756 (D)

0.741 (D) (D)

0.740 0.741 0.664

0.683

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

0.752 (D) (D) (D)

0.720 0.634

0.677

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

0.771 (D) (D) (D) (D)

0.650

0.696

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

0.731

0.757

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

0.687

0.768

State 2018-2019

August September October November December January 1

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

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

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

0.696

0.699

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

0.710

0.708

0.780 (D)

0.689 (S)

0.788 0.747 0.723 0.767 0.744 0.727

0.721

0.740 (D)

0.709 (D)

0.795 0.760 0.747 0.763 0.739 0.716

0.729

0.743 (D)

0.707 (D)

0.783 0.739 0.747 0.751 0.716 0.723

0.726

0.667 (D)

0.724 (D)

0.719 0.731 0.701 0.724 0.521 0.636

0.654

State February March April May June July

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

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

(D) (D)

0.736 (D)

0.701 (D)

0.755 0.684

(D) 0.656

0.676

0.700 (D) (D) (D)

0.707 (D) (D)

0.719 0.680 0.676

0.689

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

0.722 (D) (D)

0.727 0.688 0.689

0.705

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

0.642

0.696

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

0.721 (D) (D) (D) (D)

0.560

0.682

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

0.770 (D) (D)

0.773 (D)

0.532

0.747

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. 1 Second year.

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28 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

Cottonseed Prices Received by Month – States and United States: Marketing Year 2018-2019 [Monthly prices available only for major cotton producing States]

State August September October November December January 1 February

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

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

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

134.00

134.00

115.00 (S) (S) (S)

109.00 (S) (S) (S) (S)

139.00

141.00

111.00 175.00 165.00 277.00 109.00 142.00 152.00 123.00

(D) 144.00

146.00

116.00 167.00 145.00 270.00 109.00 140.00 155.00 128.00

(D) 163.00

152.00

126.00 237.00

(D) (D)

118.00 (D)

165.00 130.00

(D) 167.00

161.00

125.00 229.00 140.00

(D) 117.00 180.00 165.00 128.00

(D) 167.00

170.00

99.00 220.00 140.00

(D) 118.00 180.00 165.00

(D) (S)

157.00

174.00

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Second year.

Upland Cotton Marketings by Month – Marketing Years 2017-2018 and 2018-2019 [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. Total may not add due to rounding]

Month Upland Cotton

2017-2018 2018-2019

(1,000 bales) (1,000 bales)

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

273 431 948

2,411 3,656 3,058 1,593 1,097

773 792 294 704

16,029

177 444

1,261 2,208 2,689 2,409 1,402 1,449

877 518 396 891

14,721

1 Second year.

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Agricultural Prices (October 2019) 29 USDA, National Agricultural Statistics Service

Upland Cotton Marketing Percentages by Month – States and United States: Marketing Years 2017-2018 and 2018-2019 [Monthly farm marketings, based on a sample survey, as a percent of total used for calculating marketing year average prices]

State and Marketing

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

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

Alabama 2017-2018 ... 2018-2019 ... Arizona 2017-2018 ... 2018-2019 ... Arkansas 2017-2018 ... 2018-2019 ... California 2017-2018 ... 2018-2019 ... Georgia 2017-2018 ... 2018-2019 ... Louisiana 2017-2018 ... 2018-2019 ... Mississippi 2017-2018 ... 2018-2019 ... North Carolina 2017-2018 ... 2018-2019 ... Tennessee 2017-2018 ... 2018-2019 ... Texas 2017-2018 ... 2018-2019 ... United States 2017-2018 ... 2018-2019 ...

- -

- -

- -

- 4.9

- -

- -

- -

- -

0.7 -

2.7 2.5

1.7 1.2

- -

1.2 1.6

- -

- -

0.3 -

- -

- -

- -

0.9 1.2

4.3 6.1

2.7 3.0

2.6 3.7

4.3 11.5

16.0 18.5

2.5 -

1.5 2.5

18.0 21.1

3.6 3.8

4.2 10.5

5.5 5.1

5.5 7.8

5.9 8.6

9.0

11.3

20.1 12.0

17.5 28.4

5.4 6.1

10.5 10.9

33.4 22.5

10.1 9.3

22.7 25.7

24.2 20.4

13.9 10.8

15.0 15.0

16.6 12.0

26.3 22.5

36.6 26.8

9.3 6.9

25.1 13.3

14.5 14.9

14.9 10.2

27.3 20.8

29.2 34.9

21.4 15.2

22.8 18.2

22.3 15.8

32.0 19.8

12.1 8.2

17.5 9.9

16.2 16.3

9.8 7.7

11.2 10.6

15.6 13.7

15.4 11.3

21.7 21.4

19.1 16.4

7.8

15.3

15.9 8.0

4.7 1.7

19.0 31.7

7.5 13.7

2.6 4.9

7.2 6.7

8.8 5.7

7.2 2.6

11.8 12.7

9.9 9.5

8.6 9.0

0.2 4.8

2.3 8.3

16.7 11.4

6.4 12.2

2.8 4.2

7.2 9.0

2.6 4.8

1.5 7.5

8.4 11.3

6.9 9.8

7.0 6.6

- 4.0

1.8 2.3

11.1 8.5

6.9 8.8

3.3 3.8

8.4 10.4

3.0 5.0

2.1 6.4

4.9 5.9

4.8 6.0

6.1 5.2

- 5.3

1.6 1.1

9.3 7.6

6.7 5.5

2.9 3.7

9.3 6.8

2.7 2.8

7.2 3.4

4.6 3.2

5.0 3.5

5.7 5.4

- 5.8

1.5 1.1

4.6 6.9

5.7 5.5

2.7 3.6

7.0 6.7

2.5 2.4

1.4 2.2

0.6 1.7

1.8 2.7

14.3 15.7

- 4.7

5.9 3.6

4.6 6.1

13.2 11.3

10.0 13.6

21.1 26.5

10.6 8.6

4.7 5.0

0.2 1.4

4.4 6.1

- Represents zero. 1 Second year.

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30 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

All Rice Prices Received and Marketing Percentages by Month – United States: Marketing Years 2016-2017 through 2018-2019 [Marketing year average (MYA) prices are weighted average prices for the United States marketing year of August through July]

Month Prices received Farm marketings 1

2016-2017 2017-2018 2018-2019 2 2016-2017 2017-2018 2018-2019 2

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

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

11.70 10.60 10.40 10.50 10.50 10.90 10.10 10.10 10.10 10.20 10.20 10.80

10.40

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

12.90

14.30 12.40 12.30 12.60 12.40 13.20 12.20 11.80 11.80 11.30 11.80 12.50

12.30

8,327 10,006 15,659 15,632 18,014 19,681 16,073 18,776 18,353 16,874 15,444 14,096

186,935

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

155,665

4,421 8,173

14,525 13,271 16,988 20,152 12,412 15,974 15,316 13,557 12,231 11,638

158,658

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

published in the January 2020 Agricultural Prices report. 3 Second year.

Long Grain Rice Prices Received and Marketing Percentages by Month – United States: Marketing Years 2016-2017 through 2018-2019 [Marketing year average (MYA) prices are weighted average prices for the United States marketing year of August through July]

Month Prices received Farm marketings 1

2016-2017 2017-2018 2018-2019 2 2016-2017 2017-2018 2018-2019 2

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

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

10.60 9.95 9.65 9.62 9.69 9.66 9.41 9.41 9.20 9.38 9.54

10.00

9.61

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

11.50

11.90 11.30 10.90 10.90 10.70 10.90 10.80 10.60 10.50 10.50 10.70 10.60

10.80

6,240 7,590

11,847 11,798 13,484 13,063 12,831 14,494 14,382 13,276 12,720 11,107

142,832

8,505 8,508

10,147 9,372

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

116,100

2,993 6,769

11,530 9,491

12,595 14,000 9,870

13,225 12,203 11,854 10,105 8,814

123,449

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

published in the January 2020 Agricultural Prices report. 3 Second year.

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Agricultural Prices (October 2019) 31 USDA, National Agricultural Statistics Service

Medium and Short Grain Rice Prices Received and Marketing Percentages by Month – United States: Marketing Years 2016-2017 through 2018-2019 [Marketing year average (MYA) prices are weighted average prices for the United States marketing year of August through July]

Month Prices received Farm marketings 1

2016-2017 2017-2018 2018-2019 2 2016-2017 2017-2018 2018-2019 2

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

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

14.70 12.70 12.70 13.30 12.90 13.30 12.60 12.40 13.20 13.40 13.40 13.70

13.10

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

17.00

19.50 17.80 17.40 17.00 17.20 18.30 17.80 17.10 16.70 17.30 17.30 18.50

17.60

2,087 2,416 3,812 3,834 4,530 6,618 3,242 4,282 3,971 3,598 2,724 2,989

44,103

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

39,565

1,428 1,404 2,995 3,780 4,393 6,152 2,542 2,749 3,113 1,703 2,126 2,824

35,209

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

published in the January 2020 Agricultural Prices report. 3 Second year.

Medium and Short Grain Rice Prices Received by Month – California and Other States: Marketing Years 2017-2018 through 2018-2019 [Marketing year for California: October - September. Marketing Year for Other States: August - July. Other States include Arkansas, Louisiana, Mississippi, Missouri, and Texas]

Month California Other States

2017-2018 2018-2019 1 2017-2018 2018-2019 1 2

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

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

15.50 15.10 19.80 20.40 20.00 20.40 19.90 20.00 20.00 19.80 20.10 20.00 20.40 20.00

20.10

20.40 20.00 19.90 19.90 19.80 20.10 20.20 20.10 19.80 20.80 19.90 19.70 19.80 20.00

20.00

11.00 10.80 11.00 11.10 11.30 11.50 12.30 11.80 12.30 11.90 12.50 12.50 13.70 12.60

11.70

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

12.30

1 Prices and marketings include late reports and revised data for August 2018 - August 2019. Final monthly prices, marketings, and MYA price for California will be published in the January 2020 Agricultural Prices report.

2 Other States monthly prices for August 2017-July 2018 and 2017-2018 MYA price are final. 3 Second year.

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32 Agricultural Prices (October 2019) 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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Agricultural Prices (October 2019) 33 USDA, National Agricultural Statistics Service

September Prices Paid by Farmers

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

109.4, is down 0.5 percent from August 2019 but up 0.2 percent from September 2018.

Production: The September index, at 105.5, is down 0.8 percent from August and 0.7 percent from last year. Lower

prices for herbicides, insecticides, nitrogen, and feeder cattle more than offset higher prices for feeder pigs, LP gas, diesel,

and repairs.

Feed: At 101.7, the September index decreased 0.9 percent from August but increased 2.8 percent from last September.

Compared with August, prices are lower for concentrates, feed grains, hay and forages, complete feeds, and supplements.

Livestock and poultry: The September index, at 95.1, decreased 0.1 percent from August and 8.4 percent from last year.

Since August, lower prices for feeder cattle more than offset higher prices for feeder pigs. The September feeder cattle

price, at $134.00 per cwt, is down $1.00 per cwt from the August price. September feeder pigs averaged $97.00 per cwt,

up $6.00 per cwt from August.

Fertilizer: The index for September, at 63.5, is down 2.6 percent from August and 4.5 percent from September a year

ago. Prices for nitrogen, potash and phosphate, and mixed fertilizer are all lower compared to the previous month.

Chemicals: The September index, at 95.2, is down 8.3 percent from August but up 0.8 percent from last September.

Fuels: At 66.9, the September index is up 1.4 percent from August but 13.7 percent below September 2018. Compared

with August, prices are higher for LP gas and diesel but lower for gasoline.

Machinery: The index for September, at 125.9, was unchanged from August but 4.3 percent above last September.

Compared with last month, prices are lower for other machinery but unchanged for tractors and self-propelled machinery.

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

Bureau of Labor Statistics, increased 1.7 percent over the last 12 months to an index level of 256.759 (1982-1984=100).

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

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34 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

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

Index Group and

Ratios

1910-1914 Base 2011 Base

September 2018

August 2019

September 2019

September 2018

August 2019

September 2019

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

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

2955 2210 1089 2049 3885 801 848

2169 1336

3227 7376 2729 2483 (NA) (NA)

4288 6952 9138 2398

3065

2977 2212 1130 1880 3800 786 933

1847 1353

3242 7695 2756 2506 (NA) (NA)

4422 7119 9413 2437

3083

2962 2196 1120 1877 3800 765 855

1871 1352

3231 7693 2746 2501 (NA) (NA)

4422 7119 9413 2439

3065

109.2 106.2 98.9

103.8 118.2 66.5 94.4 77.5

113.3

105.0 120.7 117.3 (NA)

115.3 119.5

117.6 117.1 127.6 112.2

108.7

110.0 106.3 102.6 95.2

115.6 65.2

103.8 66.0

114.7

105.5 125.9 118.5 (NA)

117.0 119.5

121.3 120.0 131.5 114.1

109.3

109.4 105.5 101.7 95.1

115.6 63.5 95.2 66.9

114.6

105.1 125.9 118.0 (NA)

116.6 119.5

121.3 120.0 131.5 114.2

108.7

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

(NA) 31 32

1641

(NA) 31 32

1683

(NA) 30 31

1681

81 (NA) (NA)

(NA)

83 (NA) (NA)

(NA)

80 (NA) (NA)

(NA)

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

110.4 107.7

111.7 108.1

111.0 107.7

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

104.2 107.3

102.8 108.3

102.3 107.4

(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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Agricultural Prices (October 2019) 35 USDA, National Agricultural Statistics Service

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

Index Group

Relative weights Indexes (2011=100)

2018 2019 September

2018 August 2019

September 2019

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

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

73.5

13.3 1.9 6.5 1.6 2.1 1.2 8.2 6.4 0.6 0.7 0.5

5.3 4.8 0.5 5.2 2.3 2.2 0.7 3.6 2.3 0.8 0.5

2.4 1.5 0.5 0.4 4.6 1.6 3.0 1.3 0.2 1.1

5.6 1.2 2.3 2.1 4.0

12.1 1.3

10.8 7.9 4.2 3.7

2.4 3.3 7.1

13.7

73.2

12.8 1.8 6.3 1.6 2.0 1.1 8.8 6.8 0.7 0.7 0.5

5.4 4.9 0.5 5.0 2.2 2.1 0.7 3.6 2.2 0.8 0.5

2.8 1.8 0.6 0.5 4.6 1.5 3.1 1.3 0.2 1.1

5.3 1.2 2.1 2.0 4.1

11.7 1.2

10.5 7.8 4.2 3.6

2.6 3.2 7.2

13.9

106.2

98.9 58.1

104.4 106.2 106.3 111.3 103.8 110.4 50.0 93.0

104.3

118.2 116.9 131.0 66.5 69.1 64.6 64.2 94.4 95.0 95.1 90.8

77.5 70.7 75.0

106.2 113.3 113.3 113.3 105.0 99.7

105.8

120.7 109.1 125.4 122.5 117.3 115.3 113.3 115.5 119.5 126.1 111.8

117.6 117.1 127.6 112.2

106.3

102.6 65.3

108.2 103.7 112.3 113.2 95.2 98.5 65.0 87.3

104.3

115.6 114.0 131.8 65.2 68.2 65.6 55.1

103.8 104.4 103.9 101.1

66.0 69.1 73.8 45.0

114.7 116.1 114.0 105.5 100.3 106.3

125.9 109.3 131.0 130.2 118.5 117.0 118.4 116.8 119.5 126.1 111.8

121.3 120.0 131.5 114.1

105.5

101.7 63.5

107.8 102.1 110.7 113.1 95.1 97.8 69.3 87.3

104.3

115.6 114.0 131.8 63.5 67.9 62.3 53.7 95.2 95.7 95.2 92.6

66.9 69.4 73.1 49.8

114.6 115.9 114.0 105.1 99.8

105.9

125.9 109.3 131.0 130.1 118.0 116.6 118.4 116.4 119.5 126.1 111.8

121.3 120.0 131.5 114.2

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36 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

Feed Price Ratios – United States: September 2019 with Comparisons

Feed price ratio 1 September 2018 August 2019 September 2019

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

4.8

8.7

12.7

2.13

32.4

5.9

4.3

7.6

14.9

2.26

28.5

6.6

4.0

4.9

12.6

2.33

27.4

7.0

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: September 2019 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agriculture Marketing Service]

Item September 2018 August 2019 September 2019

(dollars) (dollars) (dollars)

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

0.460 0.711

43.20 16.90

110.00 0.531

3.40

179.00

8.78 5.15

0.421 0.662

58.50 18.90

112.00 0.592

3.93

179.00

8.22 4.35

0.391 0.424

47.70 19.30

104.00 0.622

3.80

181.00

8.35 4.26

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

Item September 2018 August 2019 September 2019

(dollars) (dollars) (dollars)

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

151.00 70.00

135.00 91.00

134.00 97.00

Page 37: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Agricultural Prices (October 2019) 37 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.

Page 38: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

38 Agricultural Prices (October 2019) USDA, National Agricultural Statistics Service

Information Contacts General Jody McDaniel, Chief, Environmental, Economics, and Demographics Branch............................................. (202) 720-6146 Crop Prices Received Lance Honig, Chief, Crops Branch ................................................................................................................. (202) 720-2127 Travis Thorson, Head, Field Crops Section ..................................................................................................... (202) 720-2127 Chris Hawthorn – Corn, Flaxseed, Proso Millet ............................................................................................ (202) 720-9526 James Johanson – County Estimates, Hay ..................................................................................................... (202) 690-8533 Jeff Lemmons – Oats, Soybeans .................................................................................................................... (202) 690-3234 Jannety Mosley – Barley, Crop Weather........................................................................................................ (202) 720-7621 Sammy Neal – Peanuts, Rice ......................................................................................................................... (202) 720-7688 Jean Porter – Rye, Wheat ............................................................................................................................... (202) 720-8068 Chris Singh – Cotton, Cotton Ginnings, Sorghum ......................................................................................... (202) 720-5944 Travis Thorson – Canola, Mustard Seed, Rapeseed, Safflower, Sunflower .................................................. (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 Vincent Davis – Garlic, Hazelnuts, Kiwifruit, Lettuce, Maple Syrup, Mint, Pears, Sweet Cherries, Tart Cherries, Tomatoes .................................................................................................... (202) 720-2157 Fleming Gibson – Cauliflower, Celery, Citrus, Macadamia, Mushrooms, Olives Green Peas, Watermelons ........................................................................................................................... (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 Beans, Dry Edible Peas, Honeydews, Lentils, Nectarines, Papayas, Peaches, Snap Beans, Walnuts ................................................................................... (202) 720-3250 Jorge Garcia-Pratts – Avocados, Bell Peppers, Broccoli, Cabbage, Chile Peppers, Dates Floriculture, Grapes, Hops, Pecans, Spinach .............................................................................................. (202) 720-4215 Livestock Prices Received Travis Averill, Chief, Livestock Branch .......................................................................................................... (202) 720-3570 Scott Hollis, Head, Livestock Section .............................................................................................................. (202) 720-3570 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 – Broilers and Honey ................................................................................................................ (202) 690-3237 Vacant ............................................................................................................................................................ (202) 720-6147 Indexes, Prices Paid, and Parity Prices Jody McDaniel, Chief, Environmental, Economics, and Demographics Branch............................................. (202) 720-6146 Bruce Boess, Head, Economics Section ........................................................................................................... (202) 720-4447 Kuan Chen – Prices Received Indexes, Parity Prices, Prices Paid Indexes, Prices Paid for Feed, Fertilizer, Chemicals, Seeds, Fuels, Farm Supplies and Repairs, Farm Machinery, Feeder Livestock, Poultry Chicks, Feed Price Ratios ................................................................................................................ (202) 690-3347 Stephen Habets – Prices Received Indexes, Parity Prices .............................................................................. (202) 720-9168 John Stephens– Prices Received Indexes, Parity Prices ................................................................................ (202) 720-8844

Page 39: Agricultural Prices 10/31/2019 - Cornell University · 2019-10-31 · Agricultural Prices (October 2019) 5 USDA, National Agricultural Statistics Service Prices Received Indexes,

Access to NASS Reports

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

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

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

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

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

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

reports. The new website, https://usda.library.cornell.edu. All email subscriptions containing reports will

be sent from the new website, https://usda.library.cornell.edu. To continue receiving the reports via e-

mail, you will have to go to the new website, create a new account and re-subscribe to the reports. If you

need instructions to set up an account or subscribe, they are located at:

https://usda.library.cornell.edu/help. You should whitelist notifications@usda-

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

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

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

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

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

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

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

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

employment activities.)

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

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

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

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

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

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

Price Program Links Economics and Prices

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

January 2014 Price Program Update

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

January 2015 Price Program Update

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

April 2015 Price Program Update

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

February 2016 Price Program Update

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