39
Agricultural Prices ISSN: 1937-4216 Released February 26, 2021, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). January Prices Received Index Down 1.4 Percent The January Prices Received Index 2011 Base (Agricultural Production), at 90.0, decreased 1.4 percent from December but increased 1.2 percent from January 2020. At 88.8, the Crop Production Index was down 3.1 percent from last month but up 7.6 percent from the previous year. The Livestock Production Index, at 91.7, increased 0.9 percent from December, but decreased 6.9 percent from January 2020. Producers received lower prices during January for milk, broilers, cauliflower, and broccoli, but higher prices for corn, market eggs, celery, and soybeans. In addition to prices, the volume change of commodities marketed also influences the indexes. In January, there was decreased marketing of broilers, greenhouse & nursery, apples, and market eggs and increased monthly movement for soybeans, corn, strawberries, and lettuce. January Prices Paid Index Up 0.8 Percent The January Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 113.1, is up 0.8 percent from December 2020 and 2.0 percent from January 2020. Higher prices in January for LP gas, complete feeds, feeder pigs, and feed grains more than offset lower prices for feeder cattle, share rent, cash rent, and wage rates. Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base United States: January 2021 with Comparisons Index Group January 2020 December 2020 January 2021 (percent) (percent) (percent) Prices received by farmers ............................................................................... Prices paid by farmers ...................................................................................... Ratio of prices received to prices paid ............................................................. 88.9 110.9 80 91.3 112.2 81 90.0 113.1 80

Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

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Page 1: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices

ISSN: 1937-4216

Released February 26, 2021, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department

of Agriculture (USDA).

January Prices Received Index Down 1.4 Percent The January Prices Received Index 2011 Base (Agricultural Production), at 90.0, decreased 1.4 percent from December

but increased 1.2 percent from January 2020. At 88.8, the Crop Production Index was down 3.1 percent from last month

but up 7.6 percent from the previous year. The Livestock Production Index, at 91.7, increased 0.9 percent from December, but decreased 6.9 percent from January 2020. Producers received lower prices during January for milk, broilers,

cauliflower, and broccoli, but higher prices for corn, market eggs, celery, and soybeans. In addition to prices, the volume

change of commodities marketed also influences the indexes. In January, there was decreased marketing of broilers, greenhouse & nursery, apples, and market eggs and increased monthly movement for soybeans, corn, strawberries, and

lettuce.

January Prices Paid Index Up 0.8 Percent The January Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 113.1,

is up 0.8 percent from December 2020 and 2.0 percent from January 2020. Higher prices in January for LP gas, complete

feeds, feeder pigs, and feed grains more than offset lower prices for feeder cattle, share rent, cash rent, and wage rates.

Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base – United States: January 2021 with Comparisons

Index Group January

2020 December

2020 January

2021

(percent) (percent) (percent)

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

88.9

110.9

80

91.3

112.2

81

90.0

113.1

80

Page 2: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

2 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Contents

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

Prices Received Indexes, 2011 Base – United States: January 2021 with Comparisons ...................................................... 5

Prices Received Indexes, 1910-1914 Base – United States: January 2021 with Comparisons ............................................. 5 Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2020 and 2021 ................................. 5

Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2020 and 2021 ......................................... 6

Prices Received for Field Crops and Fruits – United States: January 2021 with Comparisons ............................................ 7 Prices Received for Vegetables and Livestock – United States: January 2021 with Comparisons ....................................... 8

Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2021 with Comparisons ........................... 9

Prices Received for Beef Cattle and All Hogs by Month – United States: 2021 with Comparisons..................................... 9 Prices Received for All Wheat – States and United States: January 2021 with Comparisons .............................................10

Prices Received for Winter Wheat – States and United States: January 2021 with Comparisons .......................................10

Prices Received for Durum Wheat – States and United States: January 2021 with Comparisons .......................................11 Prices Received for Spring Wheat – States and United States: January 2021 with Comparisons ........................................11

Prices Received for Oats – States and United States: January 2021 with Comparisons ......................................................11

Prices Received for All Barley – States and United States: January 2021 with Comparisons .............................................12 Prices Received for Malting Barley – States and United States: January 2021 with Comparisons......................................12

Prices Received for Feed Barley – States and United States: January 2021 with Comparisons ..........................................12

Prices Received for Corn – States and United States: January 2021 with Comparisons .....................................................13 Prices Received for Sorghum Grain – States and United States: January 2021 with Comparisons .....................................13

Prices Received for Soybeans – States and United States: January 2021 with Comparisons ..............................................14

Prices Received for Dry Beans – States and United States: January 2021 with Comparisons.............................................14 Prices Received for Canola – States and United States: January 2021 with Comparisons ..................................................15

Prices Received for Flaxseed – States and United States: January 2021 with Comparisons ...............................................15

Prices Received for Peanuts (in shell) – States and United States: January 2021 with Comparisons ..................................15 Prices Received for Sunflower – States and United States: January 2021 with Comparisons .............................................15

Prices Received for Upland Cotton and Cottonseed – States and United States: January 2021 with Comparisons .............16

Prices Received and Marketings for Upland Cotton and Rice – United States: January 2021 with Comparisons ...............16 Prices Received for Hay by Type – States and United States: January 2021 with Comparisons .........................................17

Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: January 2021 ....................................17

Prices Received for Citrus Fruits by Utilization – United States: January 2020 .................................................................18 Prices Received for Citrus Fruits by Utilization – United States: December 2020 .............................................................18

Prices Received for Citrus Fruits by Utilization – United States: January 2021 .................................................................18

Prices Received for All Milk – States and United States: January 2021 with Comparisons ................................................19 Prices Received for Milk Cows – States and United States: January 2021 with Comparisons ............................................19

Parity Price Overview........................................................................................................................................................20

Commodity Parity Prices and Price as Percent of Parity Price – United States: January 2021 with Comparisons ..............21 Commodity Parity Prices – United States: January 2021 with Comparisons ......................................................................22

Marketing Year for Specified Commodities ......................................................................................................................24

Cattle Market Year Average Prices Received – United States: Marketing Years 2019 and 2020 .......................................24 Hog Market Year Average Prices Received – United States: Marketing Years 2019 and 2020 ..........................................24

Milk Cow Market Year Average Prices Received – States and United States: Marketing Years 2019 and 2020 ...............25

Prices Received for Cows, Steers and Heifers, Calves, Beef Cattle, and Milk Cows by Month – United States: Marketing Years 2019 and 2020 .....................................................................................................................................26

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

2019 and 2020 ................................................................................................................................................................26 Prices Received for Milk Cows by Month – States and United States: 2020 ......................................................................27

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

January 1, 2020 and 2021 ...............................................................................................................................................28

Page 3: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices (February 2021) 3 USDA, National Agricultural Statistics Service

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

and 2020 ........................................................................................................................................................................ 29 Prices Received Value per Head and Total Value for Sheep and Lambs – States and United States:

January 1, 2020 and 2021............................................................................................................................................... 30

Prices Received Value per Head and Total Value for Angora Goats – States and United States: January 1, 2020 and 2021 ........................................................................................................................................................................ 30

Other Hay Baled Market Year Average Prices Received – Selected Regions: 2016-2018, 2017-2019, and

2018-2020 Averages ...................................................................................................................................................... 31 Reliability of Prices Received Estimates ........................................................................................................................... 32

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

Prices Paid Indexes and Related Parity Ratios – United States: January 2021 with Comparisons ...................................... 34 Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States:

January 2021 with Comparisons .................................................................................................................................... 35

Feed Price Ratios – United States: January 2021 with Comparisons .................................................................................. 36 Prices Received Used to Calculate Feed Price Ratios – United States: January 2021 with Comparisons ........................... 36

Prices Paid for Feeder Livestock – United States: January 2021 with Comparisons .......................................................... 36

Reliability of Prices Paid Estimates ................................................................................................................................... 37 Information Contacts ......................................................................................................................................................... 38

Page 4: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

4 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

January Prices Received by Farmers

Crop production: The January index, at 88.8, is 3.1 percent lower than December but 7.6 percent higher than

January 2020. The fruit & tree nut index decreases more than offset the grain & oilseed, vegetable & melon, and other

crop index increases.

Grain and oilseed: The January index, at 78.3, is up 5.1 percent from December and 16 percent from January 2020. The

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

Feed grain: The January index, at 71.2, increased 6.0 percent from last month and 13 percent from a year ago. The corn

price, at $4.24 per bushel, is up 27 cents from last month and 45 cents from January 2020.

Food grain: At 81.7, the index for January increased 0.7 percent from the previous month and 5.0 percent from a year

ago. The January price for all wheat, at $5.48 per bushel, is 5 cents higher than December and 60 cents higher than January 2020. The January price for rice, at $13.40 per cwt, is 10 cents lower than December and 70 cents lower than

January 2020.

Oilseed: At 86.8, the index for January increased 4.0 percent from December and 22 percent from January 2020. The

soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020.

Fruit and tree nut: The January index, at 135.2, is down 4.5 percent from December but up 17 percent from a year ago.

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

strawberries.

Vegetable and melon: At 118.3, the index for January increased 3.7 percent from the previous month but decreased

37 percent from January 2020. Price increases during January for celery, tomatoes, lettuce, and sweet corn more than offset price declines for cauliflower, broccoli, potatoes, and onions.

Other crop: The January index, at 86.1, is up 1.2 percent from the previous month and 6.8 percent from January 2020. The all hay price, at $157.00 per ton, is $2.00 higher than December and $2.00 higher than January 2020. At 69.5 cents

per pound, the price for upland cotton is 3.9 cents higher than December and 9.8 cents higher than January 2020.

Livestock production: The index for January, at 91.7, increased 0.9 percent from the previous month but decreased

6.9 percent from January 2020. Meat animal and poultry & egg index increases more than offset the lower dairy index.

Meat animal: At 91.7, the January index increased 2.1 percent from the previous month but decreased 6.9 percent from a

year earlier. At $50.20 per cwt, the January hog price is $1.10 higher than December and $2.40 higher than January 2020.

The January beef cattle price of $110.00 per cwt is $2.00 higher than the previous month but $12.00 lower than January 2020.

Dairy: The index for January, at 87.1, is down 5.3 percent from the previous month and 11 percent from January a year ago. The January all milk price of $17.50 per cwt is $1.00 lower than December and $2.10 lower than January 2020.

Poultry and egg: At 95.9, the January index increased 4.2 percent from December but decreased 3.4 percent from January 2020. The January market egg price, at 67.0 cents per dozen, is 21.8 cents higher than December and 18.3 cents

higher than January 2020. The January broiler price, at 43.2 cents per pound, is 0.6 cent lower than December and

6.2 cents lower than a year ago. At 72.3 cents per pound, the January turkey price is 0.2 cents higher than the previous month and 9.8 cents higher than January 2020.

Food Commodities: The index, at 94.8, decreased 1.5 percent from the previous month and 1.7 percent from January 2020.

Page 5: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices (February 2021) 5 USDA, National Agricultural Statistics Service

Prices Received Indexes, 2011 Base – United States: January 2021 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group

2011 Base

January 2020

December 2020

January 2021

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

88.9 82.5 67.4 63.1 77.8 70.9

116.0 187.7 80.6

98.5 98.5

107.0 71.9 97.5 99.3

96.4

91.3 91.6 74.5 67.2 81.1 83.5

141.6 114.1 85.1

90.9 89.8 95.6 73.8 92.0 92.0

96.2

90.0 88.8 78.3 71.2 81.7 86.8

135.2 118.3 86.1

91.7 91.7 97.2 75.5 87.1 95.9

94.8

Prices Received Indexes, 1910-1914 Base – United States: January 2021 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group

1910 - 1914 Base

January 2020

December 2020

January 2021

(percent) (percent) (percent)

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

917 719

1144

942 799

1056

928 774

1065

Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2020 and 2021 [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

2020 2021 2020 2021 2020 2021 2020 2021

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

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

88.9 90.6 92.5 81.9 84.4 88.0 86.5 87.4 89.2 89.1 93.0 91.3

90.0

82.5 86.3 87.1 86.0 86.5 89.3 88.4 90.9 93.9 88.2 92.1 91.6

88.8

98.5 94.7 97.4 78.4 82.6 86.7 84.5 83.9 84.1 90.6 94.2 90.9

91.7

96.4 94.9 97.7 84.2 87.5 92.1 90.2 90.8 92.7 94.5

101.0 96.2

94.8

Page 6: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

6 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2020 and 2021 [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

2020 2021 2020 2021 2020 2021 2020 2021

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

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

110.9 110.6 109.6 108.4 108.5 108.8 109.2 109.5 109.9 110.6 111.4 112.2

113.1

107.6 107.1 105.9 104.5 104.6 104.9 105.3 105.7 106.3 107.2 108.3 109.4

110.4

111.5 111.5 111.0 110.5 110.7 111.0 111.2 111.3 111.5 111.7 111.9 112.4

112.9

110.2 109.7 108.3 106.2 106.3 106.4 107.1 107.5 108.3 109.5 110.8 112.1

113.4

Page 7: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices (February 2021) 7 USDA, National Agricultural Statistics Service

Prices Received for Field Crops and Fruits – United States: January 2021 with Comparisons [Price data source for non-citrus fruit commodities is United States Department of Agriculture's Agricultural Marketing Service]

Commodity 2011

Base Price January 2020 December 2020 January 2021

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 1 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

4.67 3.27 4.82

34.80 16.10 18.10 18.70 17.00 3.79

0.597

161.00 8.97

155.00 169.00 137.00

22.20 2.84

0.209

9.52 14.10 12.00 19.80 5.75 8.84

19.50

4.88 4.86 4.72 4.92 4.53 5.55 4.89 5.51

10.23 16.14 9.40

0.313 (S) (S)

733.00 264.00

4.79 3.01 4.86

31.00 17.20 20.20 19.30 21.50 3.97

0.656

195.00 10.90

155.00 169.00 134.00

18.20 2.69

0.204

10.20 13.50 12.30 17.90 8.95

10.50 19.20

5.43 5.57 5.87 5.18 5.48 6.36 5.15 5.65

17.22 23.20 11.03

0.702 2,100.00

(S) 1,310.00

186.00

4.67 3.20 4.82

29.80 18.80 19.00 19.60 18.10 4.24

0.695

209.00 12.00

157.00 171.00 137.00

18.80 2.95

0.205

10.10 13.40 12.40 17.20 9.40

10.90 19.60

5.48 5.55 5.88 5.33 5.41 5.93 5.32 5.71

17.09 20.60 10.75

0.723 2,280.00

(S) 1,290.00

245.00

(S) Insufficient number of reports to establish an estimate. 1 Beginning February 2020, price reflects FOB shipping point basis

Page 8: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

8 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Prices Received for Vegetables and Livestock – United States: January 2021 with Comparisons [Price data source for vegetables, livestock, and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service]

Commodity 2011

Base Price January 2020 December 2020 January 2021

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 ...............................................................dollars/dozen Market 7 .............................................................dollars/dozen Turkeys, live 8 .................................................... dollars/pound

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

142.00 115.00

71.60 117.00

1,420.00 66.50 66.80 57.90

20.10 3.71

0.459 0.969 0.796 0.680

(S) 62.80 99.00

(S) 50.90 97.00 45.90 52.70

(S) 80.50 14.10 14.30

130.00

168.00 122.00

61.40 125.00

1,300.00 47.80 48.60 25.70

19.60 4.03

0.494 0.753 0.487 0.625

(S) 86.80 71.60

(S) 42.60

101.00 55.10 72.90 26.70 21.20 19.50 10.30 73.50

165.00 108.00

58.10 111.00

(NA) 49.10 49.40 42.20

18.50 4.13

0.438 0.734 0.452 0.721

(S) 75.70 56.10

(S) 43.10 43.20

112.00 97.40

(S) 21.80 19.50 9.70

95.40

165.00 110.00

59.70 112.00

1,360.00 50.20 50.50 42.50

17.50 4.10

0.432 0.926 0.670 0.723

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

0.979

101 20.20

100

0.690

109 19.70

99

0.637

115 17.90

103

0.848

109 17.60

99

(NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Beginning February 2020, price reflects FOB shipping point basis 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 Also referred to as table eggs. 8 Live weight equivalent price is used when actual live weight price is not available. Beginning January 2011, price reflects FOB shipping point

basis. Prior year price reflects delivered basis.

Page 9: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices (February 2021) 9 USDA, National Agricultural Statistics Service

Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2021 with Comparisons [Blank data cells indicate estimation period has not yet begun]

Month All wheat Corn Soybeans

2019 2020 2021 2019 2020 2021 2019 2020 2021

(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 ....

5.28 5.33 5.19 4.93 4.78 4.81 4.52 4.34 4.26 4.45 4.39 4.64

4.88 4.88 4.86 4.85 4.76 4.56 4.54 4.55 4.73 4.98 5.24 5.43

5.48

3.56 3.60 3.61 3.53 3.63 3.98 4.16 3.93 3.80 3.85 3.68 3.71

3.79 3.78 3.68 3.29 3.20 3.16 3.21 3.12 3.40 3.61 3.79 3.97

4.24

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

8.84 8.60 8.47 8.35 8.28 8.34 8.50 8.66 9.24 9.63

10.30 10.50

10.90

Prices Received for Beef Cattle and All Hogs by Month – United States: 2021 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

2019 2020 2021 2019 2020 2021

(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 ..........

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

122.00 120.00 113.00 108.00 109.00 109.00

97.10 103.00 104.00 106.00 107.00 108.00

110.00

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

47.80 45.50 47.70 42.30 51.00 41.30 39.90 42.90 49.70 56.30 51.90 49.10

50.20

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

Page 10: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

10 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Prices Received for All Wheat – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

(D) (D) (D)

4.21 5.16 5.69 5.48 4.34 5.58 4.89

5.39 4.90 4.13 5.94 4.71 5.46 4.59 6.00 4.66 5.02 5.63

4.88

(S) (D) (D)

5.21 5.19 5.51 6.15 5.55 5.76 5.15

6.89 5.24 5.40 6.09 5.19 5.69 5.37 6.44 5.13

(D) 5.62

5.43

(S) (D) (D)

4.85 5.22 5.95 5.75 5.61 5.73 5.43

6.29 5.31 5.22 6.46 5.36 5.77 5.57 6.71 5.33 5.91 5.91

5.48

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

Prices Received for Winter Wheat – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

(D) (D)

4.21 5.14 5.69 5.48 4.34 5.58 5.39 4.77

4.13 5.94

(D) 5.46 4.59 6.00 4.48 5.02 5.59

4.86

(D) (D)

5.21 5.18 5.51 6.15 5.55 5.76 6.89 5.24

5.40 6.09 4.81 5.69 5.37 6.43 5.08

(D) 5.61

5.57

(D) (D)

4.85 5.18 5.95 5.75 5.61 5.73 6.29 5.30

5.22 6.46 4.99 5.77 5.57 6.71 5.33 5.91 5.90

5.55

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

Page 11: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices (February 2021) 11 USDA, National Agricultural Statistics Service

Prices Received for Durum Wheat – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

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

4.52

4.72

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

5.94

5.87

(S) (D) (D)

5.75 5.87

5.88

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

Prices Received for Spring Wheat – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

Idaho .................................................. Minnesota .......................................... Montana ............................................. North Dakota ...................................... South Dakota ..................................... Washington ........................................ United States .....................................

5.19 4.89 5.05 4.77 4.93 5.87

4.92

5.18 5.15 5.16 5.11 5.18 5.71

5.18

5.26 5.43 5.24 5.30 5.33 5.97

5.33

Prices Received for Oats – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

(D) 4.17 4.24 2.61

(D) 3.35

(D) 2.73

(D) (D)

2.81 (S)

2.97

2.84

(S) 3.42 2.78 2.48

(S) (D) (S)

2.47 (S) (D)

2.80 (S)

2.78

2.69

(S) 3.75

(D) 2.42

(D) 3.75

(S) 2.48

(S) (D)

2.72 (S)

4.07

2.95

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

Page 12: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

12 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Prices Received for All Barley – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

(D) (D)

5.09 4.30 4.54 4.26 5.02

(D)

4.67

(D) 4.75 4.85

(D) 4.35 4.85 5.14

(D)

4.79

(D) 4.89 4.71 4.31 4.30 4.55 5.37

(D)

4.67

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

Prices Received for Malting Barley – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

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

4.70 4.46

(D) (D)

4.82

(D) 4.75 4.86

(D) 4.47 4.92

(D) (D)

4.86

(D) 4.89 4.75

(D) 4.54 4.89

(D) (D)

4.82

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

Prices Received for Feed Barley – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

(S) (S)

3.98 (D)

2.86 3.27 2.92

(D)

3.27

(S) (S)

2.93 (S)

2.73 3.10 3.15

(S)

3.01

(S) (S)

2.79 (D)

2.92 3.32 3.36

(S)

3.20

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

Page 13: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices (February 2021) 13 USDA, National Agricultural Statistics Service

Prices Received for Corn – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

3.89 3.76 4.10 3.78 3.67 4.11 3.92 3.59 3.90 3.70

4.73 3.22 4.15 4.31 3.56 3.76 4.28 3.66

3.79

4.16 3.86 4.06 4.05 4.17 4.08 4.08 3.73 4.00 3.92

5.19 3.73 4.11 4.88 3.76 4.30 4.58 3.80

3.97

4.54 4.10 4.32 4.40 4.59 4.23 4.29 3.92 4.39 4.26

5.45 3.99 4.39 5.37 4.01 4.58 4.85 4.12

4.24

Prices Received for Sorghum Grain – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

Kansas ............................................... Nebraska ............................................ Oklahoma ........................................... Texas ................................................. United States .....................................

5.63 5.63 6.09 6.31

5.75

9.18 8.47 9.74 8.34

8.95

9.82 8.65 9.17 8.15

9.40

Page 14: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

14 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Prices Received for Soybeans – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

8.95 9.00 9.22 8.73 8.55 9.22 9.00 9.03 8.44 9.05

8.93 8.53 8.95 8.06 9.39 8.51 9.13 8.63

8.84

10.70 10.20 10.80 10.90 10.90 10.30 10.20 11.30 10.40 10.10

10.50 10.50 11.10 9.92

11.30 10.00 10.80 11.10

10.50

11.20 10.60 10.90 11.30 12.10 10.80 10.50 11.80 11.30 10.80

10.80 10.70 11.80 10.30 11.20 10.70 10.90 10.60

10.90

Prices Received for Dry Beans – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

59.80 (D) (D)

35.10 37.00

(D) 32.40

34.80

(D) (D) (D)

33.20 35.60

(D) 27.90

31.00

(D) (D) (D)

34.10 30.50

(D) 27.90

29.80

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

Page 15: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices (February 2021) 15 USDA, National Agricultural Statistics Service

Prices Received for Canola – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

(D) (D)

16.10 (S)

16.10

(D) 15.80 17.20

(S)

17.20

(D) 17.50 18.80

(S)

18.80

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

Prices Received for Flaxseed – States and United States: January 2021 with Comparisons

State January 2020 December 2020 January 2021

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

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

8.97

8.97

10.90

10.90

12.00

12.00

Prices Received for Peanuts (in shell) – States and United States: January 2021 with Comparisons State January 2020 December 2020 January 2021

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

0.192 (S)

0.172 0.190 0.064

(S) 0.245 0.241 0.213 0.250 0.216

0.209

0.208 0.191 0.203 0.201 0.063

(S) 0.206 0.226 0.210 0.234 0.216

0.204

0.190 (S)

0.199 0.201 0.185

(S) 0.222 0.234 0.225 0.242 0.216

0.205

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

Prices Received for Sunflower – States and United States: January 2021 with Comparisons State January 2020 December 2020 January 2021

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

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

19.40 19.80 19.60 19.30

19.50

21.40 21.00 20.50 17.40

19.20

20.80 (D)

19.60 19.10

19.60

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

Page 16: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

16 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Prices Received for Upland Cotton and Cottonseed – States and United States: January 2021 with Comparisons [Cottonseed marketing year August - February]

State

Cotton, Upland Cottonseed

January 2020

December 2020

January 2021

January 2020

December 2020

January 2021

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

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

0.555 (S)

0.620 (S)

0.629 0.634 0.596 0.639 0.586 0.586

0.597

0.628 (D)

0.678 (D)

0.698 0.656 0.616 0.670 0.696 0.629

0.656

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

0.757 (D) (D) (D) (D)

0.650

0.695

132.00 270.00

(S) (D)

117.00 180.00

(S) 126.00

(S) 165.00

161.00

136.00 300.00

(NA) 354.00 153.00

(NA) (NA)

194.00 265.00 200.00

195.00

143.00 283.00

(NA) 370.00 157.00

(NA) (NA)

192.00 (NA)

186.00

209.00

(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: January 2021 with Comparisons

Item January 2020 December 2020 January 2021

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

0.597 3,194

14.10 20,295

12.00 14,765

21.90

11.60

19.80 5,530

0.656 2,925

13.50 20,834

12.30 16,135

19.70

12.90

17.90 4,699

0.695 1,280

13.40 22,898

12.40 18,019

18.00

12.90

17.20 4,879

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

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

Page 17: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices (February 2021) 17 USDA, National Agricultural Statistics Service

Prices Received for Hay by Type – States and United States: January 2021 with Comparisons

State

All hay Alfalfa hay Other hay

January 2020

December 2020

January 2021

January 2020

December 2020

January 2021

January 2020

December 2020

January 2021

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

195.00 192.00 225.00 154.00 167.00 123.00 129.00 143.00 172.00 151.00

116.00 141.00

98.00 180.00 216.00 166.00

86.00 181.00

95.00 192.00

186.00 106.00 134.00 184.00 182.00 186.00 176.00

155.00

180.00 176.00 206.00 163.00 148.00 110.00 133.00 157.00 176.00 115.00

111.00 129.00 105.00 180.00 216.00 170.00

83.00 171.00 104.00 188.00

201.00

98.00 152.00 189.00 177.00 167.00 174.00

155.00

185.00 179.00 207.00 162.00 151.00 114.00 144.00 157.00 181.00 112.00

110.00 133.00 112.00 184.00 218.00 173.00

93.00 176.00 100.00 196.00

204.00 100.00 151.00 194.00 173.00 153.00 175.00

157.00

195.00 205.00 225.00 155.00 180.00 130.00 141.00 205.00 190.00 163.00

150.00 140.00 103.00 180.00 220.00 200.00

91.00 220.00 153.00 200.00

228.00 112.00 197.00 185.00 195.00 191.00 180.00

169.00

180.00 185.00 205.00 165.00 165.00 122.00 154.00 215.00 190.00 134.00

155.00 130.00 118.00 180.00 225.00 200.00

87.00 200.00 185.00 205.00

265.00 110.00 214.00 190.00 180.00 178.00 175.00

169.00

185.00 190.00 205.00 165.00 165.00 121.00 162.00 215.00 195.00 130.00

155.00 135.00 121.00 185.00 225.00 209.00

98.00 210.00 169.00 210.00

276.00 114.00 214.00 195.00 175.00 161.00 175.00

171.00

200.00 155.00 225.00 140.00 125.00 106.00

99.00 125.00 140.00 113.00

110.00 145.00

86.00 175.00 190.00 165.00

62.00 160.00

89.00 180.00

180.00

94.00 128.00 140.00 160.00 163.00 150.00

137.00

190.00 145.00 215.00 140.00 110.00

93.00 95.00

140.00 150.00

80.00

100.00 125.00

76.00 175.00 170.00 160.00

64.00 150.00

99.00 160.00

185.00

78.00 144.00 130.00 170.00 124.00 170.00

134.00

190.00 150.00 225.00 140.00 115.00 101.00 101.00 140.00 155.00

81.00

100.00 120.00

88.00 175.00 180.00 161.00

71.00 150.00

92.00 170.00

187.00

76.00 144.00 135.00 170.00 115.00 175.00

137.00

Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: January 2021

State January 2020 December 2020 January 2021

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

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

225.00 175.00 210.00 253.00 246.00 289.00 222.00 267.00

210.00

220.00 185.00 215.00 182.00 257.00 335.00 225.00 229.00

203.00

215.00 185.00 220.00 181.00 245.00 321.00 225.00 218.00

206.00

1 5-State total represents a weighted (hay purchases) average price for the five largest milk producing States (based on the pounds of milk produced during the previous month).

2 For January 2020, includes California, Idaho, New York, Texas, and Wisconsin. For December 2020, includes California, Idaho, New York, Texas, and Wisconsin. For January 2021, includes California, Idaho, New York, Texas, and Wisconsin.

Page 18: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

18 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

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

Commodity FOB

packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

Grapefruit ................................................. Lemons ..................................................... Oranges ....................................................

31.20

42.80

27.80

12.46

22.42

12.48

20.43

32.35

17.34

5.20

(D)

10.76

10.23

16.14

9.40

18.35

25.57

14.51

2.84

(D)

7.59

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

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

Commodity FOB

packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

Grapefruit ................................................. Lemons ..................................................... Oranges ....................................................

38.30

46.80

35.10

19.72

29.85

14.03

27.27

36.12

24.37

6.43

(D)

9.58

17.22

23.20

11.03

24.89

29.20

21.47

3.69

(D)

6.54

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

Prices Received for Citrus Fruits by Utilization – United States: January 2021

Commodity FOB

packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

Grapefruit ................................................. Lemons ..................................................... Oranges ....................................................

35.90

45.30

33.60

19.86

27.18

13.77

24.81

34.63

22.82

10.70

(D)

9.89

17.09

20.60

10.75

22.44

27.71

19.90

7.15

(D)

6.84

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

Page 19: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices (February 2021) 19 USDA, National Agricultural Statistics Service

Prices Received for All Milk – States and United States: January 2021 with Comparisons [Before deduction for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies]

State January 2020 December 2020 January 2021

Price Fat test Price Fat test Price Fat test

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

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

18.80 19.40 20.00 23.80 21.60 18.60 19.70 19.50 20.50 18.60

18.40 20.30 18.00 19.80 20.10 21.50 20.20 20.70 19.90 19.20

20.30 21.30 19.80 19.40

19.60

3.88 3.97 3.92 3.69 3.80 4.16 4.02 3.99 4.11 4.10

3.90 4.21 3.94 3.99 4.03 4.24 3.99 4.38 4.32 4.11

3.99 3.94 4.24 3.96

4.03

16.90 19.20 19.00 23.70 22.50 17.70 17.70 19.20 18.40 16.70

17.80 18.70 16.30 18.30 19.90 19.70 18.80 19.40 18.00 18.90

19.00 22.00 17.80 18.10

18.50

3.92 4.05 4.00 3.76 3.79 4.31 4.13 4.07 4.22 4.20

4.00 4.31 3.99 4.08 4.04 4.27 4.08 4.51 4.38 4.14

4.09 4.01 4.27 4.10

4.13

15.40 18.40 17.00 19.70 18.80 17.60 16.70 17.20 17.80 15.60

15.90 18.30 15.20 17.10 17.70 19.70 17.30 19.20 17.00 17.60

17.80 18.70 16.80 17.50

17.50

3.78 4.02 4.00 3.74 3.82 4.23 4.10 4.09 4.16 4.18

3.99 4.31 3.97 4.09 4.01 4.19 4.08 4.52 4.36 4.10

4.12 4.01 4.19 4.10

4.10

Prices Received for Milk Cows – States and United States: January 2021 with Comparisons [Animals sold for dairy herd replacement only. Quarterly United States milk cow prices are based on revised milk cow inventory]

State January 2020 October 2020 January 2021

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

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

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

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

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

1,300

1,450 1,350 1,350 1,440 1,300 1,350 1,310 1,260 1,290 1,420

1,360 1,240 1,400 1,240 1,220 1,300 1,270 1,300 1,400 1,250

1,270 1,270 1,350 1,420

1,340

1,500 1,350 1,300 1,400 1,280 1,350 1,290 1,350 1,310 1,400

1,400 1,260 1,400 1,300 1,230 1,300 1,250 1,350 1,400 1,200

1,350 1,180 1,350 1,470

1,360

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20 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Parity Price Overview Parity prices, based on data from January 2021, and adjusted base price data from which parity prices are computed are

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

Section 301(a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, 1954, and 1956.

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

a. The average of prices received by farmers for individual commodities for the 10 preceding years is calculated (for 2020, the 10-average includes the years 2010-2019). An allowance for unredeemed loans and other supplemental payments

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

commodities for which applicable.

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

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

c. Parity prices are computed by multiplying the "adjusted base prices" by the current Parity Index (the Index of Prices Paid by Farmers, including Interest, Taxes, and Wage Rates, 1910-1914=100).

Parity prices are calculated in terms of prices received by farmers in the local markets in which they ordinarily sell. This means that the parity prices apply to the average of all classes and grades of the commodity as sold by all farmers in the

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

separate commodities and separate parity prices are calculated. The Agricultural Marketing Agreement Act of 1937 provided for parity prices for certain commodities covered by a marketing agreement or order program. Under present

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

Act.

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Agricultural Prices (February 2021) 21 USDA, National Agricultural Statistics Service

Commodity Parity Prices and Price as Percent of Parity Price – United States: January 2021 with Comparisons [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February Agricultural Prices for details on adjusted base price and parity price computations. Parity

data not available for blank cells. Primary source of data for livestock and milk prices is United States Department of Agriculture's Agricultural Marketing Service]

Commodity and unit Adjusted

base price

Parity price Price as percent

of parity

January 2020

December 2020

January 2021

January 2020

December 2020

January 2021

(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

0.547 1.29

0.422

0.068 0.135 0.022 2.30 2.97 2.26

1.79 0.193

0.151 0.460

0.038 0.494 1.81

19.30 3.12 1.07

0.289 1.06

0.728 1.03 2.07

0.905 1.98

1.050

11.80 0.050 17.40 0.099 5.55

0.066

16.70 38.50 12.90

2.09 4.18

0.686 71.60 93.10 71.30

53.70 5.70

4.45 13.60

1.070 14.80 55.80

582.00 92.80 32.50 8.65

31.90 22.00 31.60 61.80

25.00 55.80 30.10

355.00 1.55

516.00 3.01

171.00 1.970

17.00 39.70 13.20

2.14 4.12

0.702 73.20 94.90 72.90

54.60 5.83

4.51 13.90

1.100 15.10 55.20

589.00 94.60 33.20 8.85

32.30 22.40 32.30 63.10

27.60 60.40 32.00

363.00 1.59

528.00 3.08

174.00 2.010

16.70 39.50 12.90

2.08 4.13

0.674 70.40 90.90 69.20

54.80 5.91

4.62 14.10

1.160 15.10 55.40

591.00 95.50 32.80 8.85

32.50 22.30 31.50 63.40

27.70 60.60 32.20

361.00 1.53

533.00 3.03

170.00 2.020

29 37 29

29 25 30 24 20 31

37 35

42 44

29 32 29 28 38 28 33 45 26 28 32

41 29 31

34 32 33 23 28 32

32 34 30

31 26 29 29 20 25

33 34

42 43

64 32 31 33 33 33 30 32 40 33 30

62 38 34

30 28 31 21 28 36

33 34 33

33 26 30 26 22 27

32 33

36 36

62 31 34 35 31 37 33 30 42 35 31

62 34 33

30 28 31 28 30 36

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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22 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Commodity Parity Prices – United States: January 2021 with Comparisons [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February Agricultural Prices for details on adjusted base price and parity price computations]

Commodity and unit Adjusted

base price

Parity price

January 2020

December 2020

January 2021

(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 Avocados 2 3 ........................................................................... ton Cherries Sweet ................................................................................. ton Tart 2 .............................................................................. pound Cranberry 2 4 ......................................................................barrel Dates (California) 3 ................................................................ ton Grapes (California) Wine, processing ............................................................... ton Kiwifruit 2 ................................................................................ ton Nectarines, fresh (California) 3 .............................................. ton Olives, canning (California) 4 ................................................ ton

0.440 3.07 2.55

0.631 2.19 1.74 2.04

0.185 0.256 0.183 0.174 0.228 0.214

20.80 127.00 194.00

212.00

0.029 3.38

206.00

78.50 117.00

81.10 112.00

12.60 94.00 78.80 18.70 65.30 52.20 60.00

5.58 7.67 5.49 5.16 6.83 6.00

606.00 3,820.00 5,910.00

6,270.00

0.895 106.00

5,490.00

2,260.00 3,130.00 2,340.00 3,310.00

12.90 93.60 77.80 19.20 66.80 53.10 61.30

5.64 7.81 5.58 5.31 6.95 6.53

634.00 3,870.00 5,920.00

6,470.00

0.885 103.00

6,280.00

2,390.00 3,570.00 2,470.00 3,420.00

13.50 94.00 78.10 19.30 67.10 53.30 62.50

5.66 7.84 5.60 5.33 6.98 6.55

637.00 3,890.00 5,940.00

6,490.00

0.888 103.00

6,310.00

2,400.00 3,580.00 2,480.00 3,430.00

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

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Agricultural Prices (February 2021) 23 USDA, National Agricultural Statistics Service

Commodity Parity Prices – United States: January 2021 with Comparisons (continued) [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February Agricultural Prices for details on adjusted base price and parity price computations]

Commodity and unit Adjusted

base price

Parity price

January 2020

December 2020

January 2021

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

Non-citrus fruit - continued Papayas (Hawaii) ............................................................. pound Peaches, fresh 4 6 .................................................................. ton Pears, fresh 6 ......................................................................... ton Plums (California) equivalent on-tree Fresh 7 ............................................................................... ton Strawberries Fresh 10 ......................................................................... pound Processing .................................................................... pound Sugar crops Sugarbeets 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

0.042

106.00 63.00

80.40

10.20 3.91

4.71 3.47

0.258 237.00

0.250 237.00

2.64 4.62 2.13 2.07 2.74 1.44 4.05

1.34

3,070.00 1,910.00

2,220.00

293.00 112.00

147.00 104.00

7.55 7,070.00

7.28 7,040.00

84.10 139.00

61.20 75.20 75.20 42.10

120.00

1.28

3,230.00 1,920.00

2,450.00

311.00 119.00

150.00 106.00

7.87 7,230.00

7.63 7,230.00

80.50 141.00

65.00 63.10 83.60 43.90

124.00

1.29

3,250.00 1,930.00

2,460.00

312.00 120.00

144.00 106.00

7.90 7,260.00

7.66 7,260.00

80.80 141.00

65.20 63.40 83.90 44.10

124.00 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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24 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Market Year for Specified Commodities Cattle ........................................................................................................................................... January 1 – December 31

Milk Cows ................................................................................................................................... January 1 – December 31

Hogs .........................................................................................................................................December 1 – November 30

Cattle Market Year Average Prices Received – United States: Marketing Years 2019 and 2020 [All beef includes steer and heifers combined and cows. Cows include beef cows and cull dairy cows sold for slaughter. Milk cow prices are calendar year average of quarterly estimates.]

Year Cows Steers

and heifers

Calves Beef cattle Milk cows

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

2019 ............................... 2020 ...............................

62.00 64.20

118.00 111.00

159.00 161.00

116.00 109.00

1,200.00 1,300.00

Hog Market Year Average Prices Received – United States: Marketing Years 2019 and 2020

Year Barrows and gilts Sows All

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

2019 ..................................... 2020 .....................................

51.70 47.80

41.10 27.70

51.40 46.90

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Agricultural Prices (February 2021) 25 USDA, National Agricultural Statistics Service

Milk Cow Market Year Average Prices Received – States and United States: Marketing Years 2019 and 2020

State 2019 2020

(dollars per head) (dollars per head)

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

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

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

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

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

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

990 1,180 1,230

1,200

1,200 2,500 1,430 1,050 1,350 1,290 1,250 1,200 1,370 1,300

1,240 1,330 1,270 1,230 1,230 1,390 1,220 1,290 1,180 1,280

1,140 1,310 1,160 1,250 1,020 1,310 1,260 1,310 1,190 1,250

1,390 1,210 1,190 1,180 1,190 1,160 1,250 1,230 1,080 1,300

1,270 1,140 1,380 1,210 1,280 1,200 1,280 1,110 1,320 1,230

1,300

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26 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Prices Received for Cows, Steers and Heifers, Calves, Beef Cattle, and Milk Cows by Month – United States: Marketing Years 2019 and 2020 [All beef includes steer & heifers combined and cows. Cows include beef cows and cull dairy cows sold for slaughter. Milk cow prices are calendar year average. Quarterly United States milk cow prices are based on revised milk cow inventory.]

Month Cows

Steers and

heifers Calves Beef cattle Milk cows

2019 2020 2019 2020 2019 2020 2019 2020 2019 2020

(dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

cwt) (dollars per

head) (dollars per

head)

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

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

61.40 65.80 67.50 64.00 68.30 71.00 70.50 70.70 66.60 60.00 59.30 58.10

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

125.00 122.00 114.00 111.00 111.00 110.00

98.00 104.00 105.00 108.00 109.00 111.00

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

168.00 168.00 160.00 151.00 151.00 149.00 149.00 153.00 155.00 156.00 162.00 165.00

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

122.00 120.00 113.00 108.00 109.00 109.00

97.10 103.00 104.00 106.00 107.00 108.00

1,140.00 (NA) (NA)

1,140.00 (NA) (NA)

1,230.00 (NA) (NA)

1,310.00 (NA) (NA)

1,300.00 (NA) (NA)

1,250.00 (NA) (NA)

1,310.00 (NA) (NA)

1,340.00 (NA) (NA)

(NA) Not available.

Prices Received for Barrows and Gilts, Sows, and All Hogs by Month – United States: Marketing Years 2019 and 2020 [December preceding year]

Month Barrows and gilts Sows All hogs

2019 2020 2019 2020 2019 2020

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

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

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

47.70 48.60 46.30 48.30 42.60 52.70 42.20 40.70 43.80 50.90 57.30 52.30

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

33.40 25.70 26.10 31.50 36.20 22.40 21.00 21.20 22.30 22.40 29.90 41.80

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

47.30 47.80 45.50 47.70 42.30 51.00 41.30 39.90 42.90 49.70 56.30 51.90

Page 27: Agricultural Prices 02/26/2021 · 2021. 2. 26. · soybean price, at $10.90 per bushel, is 40 cents higher than December and $2.06 higher than January 2020. Fruit and tree nut: The

Agricultural Prices (February 2021) 27 USDA, National Agricultural Statistics Service

Prices Received for Milk Cows by Month – States and United States: 2020 [Cows sold for dairy herd replacement. Quarterly United States milk cow prices are based on revised milk cow inventory.]

State January

2020 April 2020

July 2020

October 2020

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

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

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

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

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

1,300

1,350 1,300 1,250 1,310 1,310 1,250 1,200 1,220 1,170 1,350

1,300 1,100 1,350 1,190 1,170 1,150 1,170 1,230 1,350 1,150

1,300 1,160 1,200 1,250

1,250

1,450 1,350 1,250 1,360 1,270 1,350 1,310 1,220 1,260 1,400

1,320 1,160 1,400 1,230 1,170 1,250 1,250 1,250 1,350 1,200

1,260 1,190 1,300 1,350

1,310

1,450 1,350 1,350 1,440 1,300 1,350 1,310 1,260 1,290 1,420

1,360 1,240 1,400 1,240 1,220 1,300 1,270 1,300 1,400 1,250

1,270 1,270 1,350 1,420

1,340

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28 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Prices Received Value per Head and Total Value for All Cattle and Calves – States and United States: January 1, 2020 and 2021

State Value per head Total value

2020 2021 2020 2021

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

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

830 1,380

940 870

1,030 1,130

930 850 950 900

800

1,070 1,040

920 1,100 1,050

830 920 900 910

860 960 970 860 970

1,300 1,170 1,190

910 1,000

1,060

980 740

1,330 890 990

1,140 920

1,070 840

1,240

850 970

1,180 990 870

1,030 900 930

1,250

1,026

870 1,380

950 910

1,060 1,080

930 930 940 900

720

1,050 1,080

980 1,130 1,060

890 970 930 970

890

1,000 980 870

1,030 1,270 1,210 1,140

910 970

1,040 1,000

780 1,350

950 990

1,130 970 960 820

1,190

880 970

1,160 1,000

870 1,060

950 990

1,270

1,040

1,079,000 23,460

902,400 1,505,100 5,304,500 3,107,500

45,570 12,750

1,596,000 981,000

112,000

2,642,900 1,133,600

772,800 4,235,000 6,720,000 1,751,300

717,600 72,000

162,890

29,240 1,104,000 2,192,200

791,200 4,171,000 3,250,000 7,897,500

571,200 29,120 28,000

1,515,800 1,430,800

599,400 2,500,400 1,148,100 5,098,500 1,459,200 1,398,400

4,601 285,600

4,836,000 1,538,500

12,513,000 967,600 247,500

1,261,500 1,236,000

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

96,195,731

1,122,300 23,460

931,000 1,610,700 5,459,000 2,862,000

43,710 12,090

1,588,600 981,000

102,240

2,625,000 1,134,000

833,000 4,124,500 6,890,000 1,860,100

751,750 70,680

171,690

32,930 1,140,000 2,097,200

800,400 4,429,000 3,111,500 8,288,500

535,800 29,120 24,250

1,445,600 1,420,000

624,000 2,632,500 1,197,000 5,247,000 1,412,500 1,387,100

3,360 270,600

4,760,000 1,575,200

12,707,000 928,000 245,000

1,209,300 1,208,400

356,250 3,415,500 1,651,000

97,380,830

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Agricultural Prices (February 2021) 29 USDA, National Agricultural Statistics Service

Prices Received Value per Head and Total Value for Hogs – States and United States: December 1, 2019 and 2020

State Value per head Total value

2019 2020 2019 2020

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

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

110 220 110 105 145 105 145 110 112 100

170 110 102 102 102 100

93 110 120 120

105

99 102 106 103 113 103 120 115 120

115 105

96 100 104 116 115 100 120

95

102 93

114 105 135

96 115 105 101 110

102

115 225 116 110 150 107 150 110 117 104

175 112

98 106

97 103

97 113 125 125

108

96 99

109 105 118 104 120 118 124

117 111

94 102 100 119 118 106 120 102

98 91

118 108 138

94 118 106

96 119

100

3,960 418

17,710 12,285 15,370 79,800

580 770

1,120 6,200

1,870 3,850

555,900 448,800

2,539,800 216,000

40,455 660 552

2,400

840 122,760 958,800

20,140 345,050

23,730 391,400

600 391 900

230

5,565 902,400

14,200 286,000 263,320

1,265 133,000

192 18,525

204,000

23,250 129,960 100,800

486 32,640

1,955 315

36,865 10,340

7,978,419

1,380 428

16,356 13,860 14,850 67,410

600 770

1,521 3,952

1,750 3,584

534,100 471,700

2,405,600 210,120

44,620 678 625

2,313

972 124,800 930,600

11,990 393,750

24,190 379,600

300 448 930

152

7,659 846,000

14,586 265,000 247,520

1,062 147,340

180 19,176

197,960

23,660 127,440 108,000

552 29,140

2,006 318

38,400 11,305

7,751,253

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30 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Prices Received Value per Head and Total Value for Sheep and Lambs – States and United States: January 1, 2020 and 2021

State Value per head Total value

2020 2021 2020 2021

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

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

169 210 205 207 227 239 229 218 195 199

209 187 210 224 230 234 187 216 196 200

228 233 197 207 211 207 183 212 202 199

187 214 215

234

205

174 215 209 204 231 244 233 218 200 203

211 190 215 226 228 239 183 218 201 204

233 229 194 212 216 211 182 216 206 204

192 215 212

194

207

17,745 119,700

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

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

5,880 15,000

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

134,505 60,420 14,746

9,950

6,171 17,334 73,100

29,450

1,066,338

19,140 119,325

93,005 46,920 12,243 14,640 37,280 15,260 11,600 17,661

23,843 19,000 43,000 16,724 13,452 13,145 15,555 17,222

5,628 14,892

29,358 11,679 30,070 20,564 52,920 11,183

132,860 61,560 16,068 10,200

5,760

18,490 72,080

29,100

1,071,427

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

Prices Received Value per Head and Total Value for Angora Goats – States and United States: January 1, 2020 and 2021

State Value per head Total value

2020 2021 2020 2021

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

Arizona .......................................................... New Mexico ................................................... Texas ............................................................. 3-State average ............................................ 3-State total ...................................................

114.00 115.00 140.00

132.70

(X)

120.00 110.00 120.00

119.00

(X)

2,394 1,035

10,500

(X) 13,929

2,520 990

7,320

(X) 10,830

(X) Not applicable.

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Agricultural Prices (February 2021) 31 USDA, National Agricultural Statistics Service

Other Hay Baled Market Year Average Prices Received – Selected Regions: 2016-2018, 2017-2019, and 2018-2020 Averages [Prices provided to the Forest Service, United States Department of Agriculture to compute Eastern National Forest grazing fees]

Region 3-year average

2016-2018 2017-2019 2018-2020

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

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

120.10 98.90

156.60 89.00

156.80 99.70

121.70 110.50 152.90 110.20 159.30

99.90

125.10 116.70 150.30 117.00 160.90 100.60

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

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32 Agricultural Prices (February 2021) 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 (February 2021) 33 USDA, National Agricultural Statistics Service

January Prices Paid by Farmers

The January Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 113.1,

is up 0.8 percent from December 2020 and 2.0 percent from January 2020.

Production: The January index, at 110.4, is up 0.9 percent from December 2020 and 2.6 percent from last year. Higher

prices for LP gas, complete feeds, feeder pigs, and feed grains more than offset lower prices for feeder cattle, share rent,

and cash rent.

Feed: At 114.4, the January index increased 3.0 percent from last month and 10 percent from January 2020. Prices

are higher than the previous month for complete feeds, feed grains, concentrates, hay and forages, and supplements.

Livestock and poultry: The January index, at 103.4, is up 0.2 percent from December 2020 but down 3.6 percent

from last year. Higher prices for feeder pigs and milk cows more than offset lower prices for feeder cattle. The feeder pigs price, $168.00 per cwt, is up $25.00 per cwt from the previous month. The feeder cattle price, at

$139.00 per cwt, is down $3.00 per cwt from December.

Fertilizer: The index for January, at 77.8, is up 2.5 percent from December 2020 and 13 percent from January a

year ago. Compared with December, prices are higher for nitrogen, potash and phosphate, and mixed fertilizer.

Chemicals: The January index, at 100.3, is up 0.7 percent from December 2020 and up 2.0 percent from last

January.

Fuels: At 91.4, the January index is up 14 percent from December 2020 and 17 percent from January 2020.

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

Machinery: The index for January, at 125.4, increased 0.8 percent from December 2020 and 0.7 percent from last

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

Consumer Price Index: The January 2021 Consumer Price Index for All Urban Consumers (CPI-U), as issued by the

Bureau of Labor Statistics, increased 1.4 percent over the last 12 months to an index level of 261.582 (1982-1984=100).

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

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34 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Prices Paid Indexes and Related Parity Ratios – United States: January 2021 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group and

Ratios

1910-1914 Base 2011 Base

January 2020

December 2020

January 2021

January 2020

December 2020

January 2021

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

3001 2239 1143 2118 3800 828 883

2187 1362

3264 7606 2756 2484 (NA) (NA)

3678 7048 9778 2451

3109

3038 2278 1224 2037 3711 914 895

2240 1384

3308 7603 2885 2495 (NA) (NA)

3678 7048 9644 2474

3149

3062 2298 1261 2042 3711 937 901

2558 1389

3314 7660 2937 2483 (NA) (NA)

3696 7143 9644 2485

3176

110.9 107.6 103.8 107.3 115.6 68.8 98.3 78.2

115.5

106.2 124.5 118.5 (NA)

116.5 117.8

100.9 118.7 136.6 114.7

110.3

112.2 109.4 111.1 103.2 112.9 75.9 99.6 80.1

117.3

107.6 124.4 124.0 (NA)

117.3 117.8

100.9 118.7 134.7 115.8

111.7

113.1 110.4 114.4 103.4 112.9 77.8

100.3 91.4

117.7

107.8 125.4 126.3 (NA)

117.8 115.5

101.4 120.4 134.7 116.3

112.6

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

(NA) 31 35

1702

(NA) 31 35

1701

(NA) 30 32

1716

80 (NA) (NA)

(NA)

81 (NA) (NA)

(NA)

80 (NA) (NA)

(NA)

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

111.5 110.2

112.4 112.1

112.9 113.4

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

107.1 107.8

108.8 109.8

110.5 110.4

(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 (February 2021) 35 USDA, National Agricultural Statistics Service

Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States: January 2021 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)

2020 2021 January

2020 December

2020 January

2021

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

72.9

13.3 1.9 6.5 1.7 2.1 1.1 9.2 7.2 0.7 0.7 0.6

5.1 4.6 0.5 5.1 2.2 2.1 0.7 3.5 2.2 0.8 0.5

3.2 2.0 0.7 0.5 4.6 1.5 3.0 1.2 0.2 1.1

4.7 1.0 1.9 1.8 4.0

11.9 1.2

10.7 7.1 3.8 3.3

2.6 3.1 7.4

14.0

72.8

13.8 2.0 6.7 1.7 2.2 1.2 9.5 7.4 0.8 0.8 0.6

5.0 4.6 0.5 5.4 2.4 2.3 0.8 3.6 2.2 0.8 0.5

3.3 2.0 0.7 0.5 4.5 1.5 3.0 1.1 0.1 1.0

4.3 0.9 1.7 1.6 3.7

11.8 1.2

10.6 6.8 3.6 3.1

2.5 3.1 7.5

14.1

107.6

103.8 63.2

109.8 103.4 116.0 115.4 107.3 107.8 114.3 91.5

113.1

115.6 114.0 131.8 68.8 70.6 69.2 61.8 98.3 99.8 93.5 99.4

78.2 73.7 77.2 95.9

115.5 116.3 115.1 106.2 100.8 107.0

124.5 111.6 129.5 126.7 118.5 116.5 119.6 116.1 117.8 124.7 109.7

100.9 118.7 136.6 114.7

109.4

111.1 69.5

118.7 102.4 127.0 121.0 103.2 103.4 102.1 94.4

113.1

112.9 111.6 125.4 75.9 76.2 74.3 79.7 99.6

101.3 93.8

101.5

80.1 63.2 67.9

158.0 117.3 118.8 116.6 107.6 102.2 108.4

124.4 112.4 127.5 128.1 124.0 117.3 119.6 117.0 117.8 124.7 109.7

100.9 118.7 134.7 115.8

110.4

114.4 73.8

122.4 104.1 130.3 122.2 103.4 101.8 120.0 95.8

113.1

112.9 111.6 125.4 77.8 76.8 77.6 81.6

100.3 102.0 94.5

102.2

91.4 65.5 71.9

211.7 117.7 119.7 116.7 107.8 102.5 108.6

125.4 113.3 128.0 129.6 126.3 117.8 119.6 117.6 115.5 123.3 106.5

101.4 120.4 134.7 116.3

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36 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Feed Price Ratios – United States: January 2021 with Comparisons

Feed price ratio 1 January 2020 December 2020 January 2021

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

4.9

5.6

12.6

2.42

33.0

6.7

3.8

4.7

12.4

2.18

28.0

6.9

3.6

6.6

11.8

1.98

26.4

6.7 1 Effective January 1995, prices of commercial prepared feeds are based on current United States prices received for corn, soybeans, alfalfa hay, and

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

percent corn and 42 percent soybeans. 3 The price of commercial prepared layer feed is based on current United States prices received for corn and soybeans. The mode led feed uses 75

percent corn and 25 percent soybeans. 4 The price of commercial prepared dairy feed is based on current United States prices received for corn, soybeans, and alfalfa. The modeled feed

uses 51 percent corn, 8 percent soybeans, and 41 percent alfalfa. 5 The price of commercial prepared turkey feed is based on current United States prices received for corn, soybeans, and wheat. The modeled feed

uses 51 percent corn, 28 percent soybeans, and 21 percent wheat.

Prices Received Used to Calculate Feed Price Ratios – United States: January 2021 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agriculture Marketing Service]

Item January 2020 December 2020 January 2021

(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

0.494 0.487

47.80 19.60

125.00

0.625

3.79 169.00

8.84 4.88

0.438 0.452

49.10 18.50

111.00

0.721

3.97 169.00

10.50 5.43

0.432 0.670

50.20 17.50

112.00

0.723

4.24 171.00

10.90 5.48

Prices Paid for Feeder Livestock – United States: January 2021 with Comparisons [Price data source is United States Department of Agriculture's Agriculture Marketing Service]

Item January 2020 December 2020 January 2021

(dollars) (dollars) (dollars)

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

148.00 160.00

142.00 143.00

139.00 168.00

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Agricultural Prices (February 2021) 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 Stat istics (BLS) indexes.

Revisions: Any revisions are published in the monthly and in annual issues of Agricultural Prices. The basis for revision must be supported by additional data that directly affect the level of the estimate. More revisions are likely for March

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

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

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

Any non-sampling errors are attributed to such things as the inability to obtain correct information, differences in interpreting questions or definitions, mistakes in coding or processing the data, etc. Efforts are made at each step in the

survey process to minimize these non-sampling errors.

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

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

annual average index was replaced by an annual index.

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

adjusted (normalized) to minimize the effects of price changes. The 1910-1914=100 price indexes, required by statute for computing parity prices, were linked forward based on the changes in the new 2011=100 indexes. The new indexes were

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

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

annual index.

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

The February 2016 program update changed the rounding of the 2011 base period indexes to nearest tenth of a percent. The 1910-1914 base period indexes remain rounded to the nearest whole number.

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

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38 Agricultural Prices (February 2021) USDA, National Agricultural Statistics Service

Information Contacts General Tony Dorn, Chief, Environmental, Economics, and Demographics Branch .................................................. (202) 720-6146 Crop Prices Received Lance Honig, Chief, Crops Branch .............................................................................................................. (202) 720-2127 Chris Hawthorn, Head, Field Crops Section ................................................................................................. (202) 720-2127 Greg Lemmons – Corn, Flaxseed, Proso Millet .......................................................................................... (202) 720-9526 James Johanson – Barley, Hay .................................................................................................................... (202) 690-8533 Joshua Bates – Oats, Soybeans ................................................................................................................... (202) 690-3234 John Stephens – Peanuts, Rice .................................................................................................................... (202) 720-7688 Jean Porter – Rye, Wheat............................................................................................................................ (202) 720-8068 Becky Sommer – Cotton, Cotton Ginnings, Sorghum ................................................................................. (202) 720-5944 Travis Thorson – Canola, Mustard Seed, Rapeseed, Safflower, Sunflower ................................................. (202) 720-7369

Fleming Gibson, Head, Fruits, Vegetables and Special Crops Section .......................................................... (202) 720-2127 Heidi Lanouette – Blueberries, Cranberries, Cucumbers, Pistachios, Potatoes, Pumpkins,

Raspberries, Squash, Strawberries, Sugarbeets, Sugarcane, Sweet Potatoes ............................................ (202) 720-4285 Robert Little – Apricots, Dry Beans, Lettuce, Macadamia, Maple Syrup,

Nectarines, Pears, Snap Beans, Spinach, Tomatoes................................................................................. (202) 720-3250

Anastasiya Osborne – Almonds, Apples, Asparagus, Carrots, Coffee, Onions Plums, Prunes, Sweet Corn, Tobacco...................................................................................................... (202) 720-4288

Krishna Rizal – Artichokes, Cauliflower, Celery, Garlic, Grapefruit, Hazelnuts,

Kiwifruit, Lemons, Mandarins and Tangerines, Mint, Mushrooms, Olives, Oranges .............................. (202) 720-5412 Fleming Gibson – Avocados, Bell Peppers, Broccoli, Cabbage, Chickpeas,

Chile Peppers, Dates, Floriculture, Grapes, Hops, Pecans ....................................................................... (202) 720-2127

Antonio Torres – Cantaloupes, Dry Edible Peas, Green Peas, Honeydews, Lentils, Papayas, Peaches, Sweet Cherries, Tart Cherries, Walnuts, Watermelons............................................... (202) 720-2157 Livestock Prices Received Travis Averill, Chief, Livestock Branch ....................................................................................................... (202) 692-0069 Scott Hollis, Head, Livestock Section ........................................................................................................... (202) 690-2424 Logan Hartley – Sheep and Goats ............................................................................................................... (202) 690-3236 Ryan Cowen – Cattle and Cattle on Feed .................................................................................................... (202) 720-3040 Mike Miller – Milk, Milk Cows.................................................................................................................. (202) 720-3278 Seth Riggins – Hogs and Pigs ..................................................................................................................... (202) 720-3106 Vacant, Head, Poultry and Specialty Commodities Section Fatema Haque – Turkeys ............................................................................................................................ (202) 720-3244 Autumn Stone – Eggs ................................................................................................................................. (202) 690-3676 Adam Peters – Honey ................................................................................................................................. (202) 690-3237 Takiyah Walker - Broilers .......................................................................................................................... (202) 720-6147 Indexes, Prices Paid, and Parity Prices Tony Dorn, 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 Max Reason – Prices Received Indexes, Parity Prices, Prices Paid Indexes................................................ (202) 720-8844

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

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

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

subscription, visit www.nass.usda.gov and click on “National” or “State” in upper right corner above “search” box to create an account and select the reports you would like to receive.

Cornell’s Mann Library has launched a new website housing NASS’s and other agency’s archived reports. The new website, https://usda.library.cornell.edu. All email subscriptions containing reports will be sent from the new

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

new website, create a new account and re-subscribe to the reports. If you need instructions to set up an account or subscribe, they are located at: https://usda.library.cornell.edu/help. You should whitelist notifications@usda-

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

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

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

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

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

applicable, political beliefs, marital status, familial or parental status, sexual orientation, or all or part of an individual's income is derived from any public assistance program, or protected genetic information in employment or in any program

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

employment activities.)

If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form (PDF), found online at www.ascr.usda.gov/filing-program-discrimination-complaint-usda-customer, or

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

information requested in the form. Send your completed complaint form or letter to us by mail at U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, by fax

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

Price Program Links Economics and Prices http://www.nass.usda.gov/Statistics_by_Subject/Economics_and_Prices/index.php

January 2014 Price Program Update http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/updates.pdf

January 2015 Price Program Update http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/update2015.pdf

April 2015 Price Program Update http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/updateApr2015.pdf

February 2016 Price Program Update http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/updateFeb2016.pdf