Agricultural Prices 03/30/2017 - Cornell University...2017/03/30 · The February Prices Received Index (Agricultural Production), at 91.7, increased 6.1 percent from January 2017

Agricultural Prices

ISSN: 1937-4216

Released March 30, 2017, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of

Agriculture (USDA).

February Prices Received Index Increased 6.1 Percent

The February Prices Received Index (Agricultural Production), at 91.7, increased 6.1 percent from January 2017. At 86.6,

the Crop Production Index increased 10 percent. At 96.1, the Livestock Production Index decreased 0.5 percent. Producers

received higher prices for lettuce, hogs, cattle, and oranges but lower prices for market eggs, milk, broilers, and onions.

Compared with a year earlier, the Prices Received Index is down 0.9 percent. The Crop Production Index increased

3.5 percent but the Livestock Production Index declined 3.2 percent. In addition to prices, the indexes are influenced by

the monthly mix of commodities producers market. Increased monthly movement of cattle, milk, and broilers offset the

decreased marketing of soybeans, corn, and cotton. The Food Commodities Index, at 96.8, increased 3.4 percent from the

previous month but is down 0.7 percent from February 2016.

February Prices Paid Index Up 0.1 Percent

The February Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 106.6,

is up 0.1 percent from January 2017 and 0.3 percent from February 2016. Higher prices in February for nitrogen, feeder

pigs, complete feeds, and concentrates more than offset lower prices for feeder cattle, herbicides, supplements, and

insecticides.

Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base – United States: February 2017 with Comparisons

Index Group February

2016 January

2017 February

2017

(percent) (percent) (percent)

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

92.5

106.3

88

86.4

106.5

81

91.7

106.6

86

2 Agricultural Prices (March 2017) USDA, National Agricultural Statistics Service

Contents

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

Prices Received Indexes, 2011 Base – United States: February 2017 with Comparisons ...................................................... 5

Prices Received Indexes, 1910-1914 Base – United States: February 2017 with Comparisons ............................................. 5

Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2016 and 2017 .................................. 5

Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2016 and 2017 .......................................... 6 Received and Paid Indexes, Annual Average – United States: 2011=100 Chart .................................................................... 6 Crop Farm Received and Paid Indexes, All Items by Quarter – United States: 2011=100 Chart ........................................... 7 Livestock Farm Received and Paid Indexes All Items by Quarter – United States: 2011=100 Chart .................................... 7 Received Indexes by Month, Agricultural, Crop, and Livestock Production – United States: 2011=100 Chart .................... 8

Received Indexes by Month, Feed Grain, Food Grain, and Oilseed – United States: 2011=100 Chart ................................. 8

Received Indexes by Month, Fruit & Tree Nut, and Vegetable & Melon – United States: 2011=100 Chart ......................... 9

Received Indexes by Month, Dairy, Meat Animal, and Poultry & Egg – United States: 2011=100 Chart ............................ 9

Prices Received for Field Crops and Fruits – United States: February 2017 with Comparisons .......................................... 10

Prices Received for Vegetables and Livestock – United States: February 2017 with Comparisons .................................... 11

Prices Received for Corn by Month – United States Chart ................................................................................................... 12

Prices Received for Wheat by Month – United States Chart ................................................................................................ 12

Prices Received for Upland Cotton by Month – United States Chart ................................................................................... 13

Prices Received for Soybeans by Month – United States Chart ........................................................................................... 13

Prices Received for Cattle by Month – United States Chart ................................................................................................. 14

Prices Received for Milk by Month – United States Chart ................................................................................................... 14

Prices Received for Hogs by Month – United States Chart .................................................................................................. 15

Prices Received for Poultry by Month – United States Chart ............................................................................................... 15

Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2017 with Comparisons .......................... 16

Prices Received for Beef Cattle and All Hogs by Month – United States: 2017 with Comparisons .................................... 16

Prices Received for All Wheat – States and United States: February 2017 with Comparisons ............................................ 17

Prices Received for Winter Wheat – States and United States: February 2017 with Comparisons ...................................... 17

Prices Received for Durum Wheat – States and United States: February 2017 with Comparisons ...................................... 18

Prices Received for Spring Wheat – States and United States: February 2017 with Comparisons ...................................... 18

Prices Received for Oats – States and United States: February 2017 with Comparisons ..................................................... 18

Prices Received for All Barley – States and United States: February 2017 with Comparisons ............................................ 19

Prices Received for Malting Barley – States and United States: February 2017 with Comparisons .................................... 19

Prices Received for Feed Barley – States and United States: February 2017 with Comparisons ......................................... 19

Prices Received for Sorghum Grain – States and United States: February 2017 with Comparisons .................................... 19

Prices Received for Corn – States and United States: February 2017 with Comparisons .................................................... 20

Prices Received for Soybeans – States and United States: February 2017 with Comparisons ............................................. 20

Prices Received for Dry Beans – States and United States: February 2017 with Comparisons ........................................... 20

Prices Received for Peanuts (in shell) – States and United States: February 2017 with Comparisons ................................. 21

Prices Received for Sunflower – States and United States: February 2017 with Comparisons ............................................ 21

Prices Received for Canola – States and United States: February 2017 with Comparisons ................................................. 21

Prices Received for Flaxseed – States and United States: February 2017 with Comparisons .............................................. 21

Prices Received for Upland Cotton and Cottonseed – States and United States: February 2017

with Comparisons .............................................................................................................................................................. 22

Prices Received and Marketings for Upland Cotton and Rice – United States: February 2017 with Comparisons ............. 22

Prices Received for Hay by Type – States and United States: February 2017 with Comparisons........................................ 23

Prices Received for Apples – States and United States: February 2017 with Comparisons ................................................. 23

Prices Received for Citrus Fruits by Utilization – States and United States: February 2016 ............................................... 24

Prices Received for Citrus Fruits by Utilization – States and United States: January 2017 ................................................. 25

Prices Received for Citrus Fruits by Utilization – States and United States: February 2017 ............................................... 26

Prices Received for Potatoes – States and United States: February 2017 with Comparisons ............................................... 27

Prices Received for All Milk – States and United States: February 2017 with Comparisons............................................... 28

Prices Received for Milk Cows – States and United States: January 2017 with Comparisons............................................. 28

Agricultural Prices (March 2017) 3 USDA, National Agricultural Statistics Service

Commodity Parity Prices and Price as Percent of Parity Price – United States: February 2017 with Comparisons ............ 29

Commodity Parity Prices – United States: February 2017 with Comparisons ..................................................................... 30

Commodity Parity Prices – United States: February 2017 with Comparisons (continued) .................................................. 31

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

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

Prices Paid Indexes and Related Parity Ratios – United States: February 2017 with Comparisons ..................................... 34

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

February 2017 with Comparisons ...................................................................................................................................... 35

Paid Indexes by Month, All Items and Production Items – United States: 2011=100 Chart ................................................ 36

Paid Indexes, Annual Averages, Production Items, Interest, Taxes, and Wages – United States: 2011=100 Chart ............ 36

Paid Indexes by Farm Type and Month, All Items – United States: 2011=100 Chart .......................................................... 37

Paid Indexes by Origin and Month, All Production Items – United States: 2011=100 Chart .............................................. 37

Paid Indexes by Non-Farm Origin and Month, Chemicals, Fertilizer, and Fuels – United States: 2011=100 Chart ........... 38

Paid Indexes by Non-Farm Origin and Month, Machinery and Supplies & Repairs – United States: 2011=100 Chart ...... 38

Paid Indexes by Farm Origin and Month, Feed and Livestock & Poultry – United States: 2011=100 Chart ...................... 39

Feed Price Ratios – United States: February 2017 with Comparisons ................................................................................. 40

Prices Received Used to Calculate Feed Price Ratios – United States: February 2017 with Comparisons .......................... 40

Prices Paid for Feeder Livestock – United States: February 2017 with Comparisons.......................................................... 40

Reliability of Prices Paid Estimates ...................................................................................................................................... 41

Information Contacts ............................................................................................................................................................ 42


February Prices Received by Farmers

The February Prices Received Index for agricultural production, at 91.7 percent of its 2011 base, is up 6.1 percent from

the January 2017 index but 0.9 percent below the February 2016 index.

Crop production: The February index, at 86.6, increased 10 percent from January and is 3.5 percent above

February 2016. The higher vegetable & melon, fruit & tree nut, and grain & oilseed indexes more than offset the lower

Other Crop Index.

Grain and oilseed: The February index, at 65.6, is up 0.6 percent from January and is 1.4 percent above February 2016.

The Oilseed Index and Feed Grain Index increases more than offset the lower Food Grain Index.

Feed grain: The February index, at 57.9, is up 1.8 percent from last month but is 4.1 percent below a year earlier.

The corn price, at $3.44 per bushel, is up 4 cents from last month but is down 14 cents from February 2016. At

$5.01 per cwt, sorghum grain is 20 cents above January but is 53 cents less than February a year earlier.

Food grain: At 62.6, the index for February is 0.5 percent lower than the previous month and is 11 percent below a

year earlier. The February price for all wheat, at $4.15 per bushel, is up 13 cents from January but is 46 cents below

February 2016.

Oilseed: At 78.4, the index for February is up 1.3 percent from January and is 15 percent higher than

February 2016. The soybean price, at $9.86 per bushel, increased 15 cents from January and is $1.35 higher than

February a year earlier.

Fruit and tree nut: The February index, at 124.1, is up 2.1 percent from January but is 1.7 percent lower than a year

earlier. The price increase during February for oranges more than offset the lower price for apples.

Vegetable and melon: At 116.7, the index for February is up 15 percent from the previous month and 13 percent from

February 2016. The price increase during February for lettuce more than offset the lower price for onions.

Other crop: The February index, at 77.4, is down 2.5 percent from the previous month but is 2.9 percent above

February 2016. The all hay price, at $126.00 per ton, is up $2.00 from January but is $9.00 less than February 2016. At

68.6 cents per pound, the price for upland cotton is up 1.5 cents from January and 8.8 cents from February 2016.

Livestock production: The index for February, at 96.1, is 0.5 percent below the previous month and is 3.2 percent lower

than February a year earlier. Compared with a year ago, prices are lower for cattle, market eggs, calves, and turkeys but

higher for milk, hogs, and broilers.

Meat animal: At 99.2, the February index is up 3.2 percent from the previous month but is 6.9 percent lower than a

year earlier. At $54.40 per cwt, the February hog price is up $6.30 from January and is $4.80 higher than a year earlier.

The February beef cattle price of $119.00 per cwt is up $2.00 from the previous month but is $13.00 lower than

February 2016.

Dairy: The index for February, at 92.0, is down 2.1 percent from the previous month but is 18 percent higher than

February a year earlier. The February all milk price of $18.50 per cwt is down 40 cents from January but is up $2.80

from February 2016.

Poultry and egg: At 92.2, the February index is down 7.2 percent from January and 12 percent from February 2016.

The February market egg price, at 37.3 cents per dozen, decreased 19.9 cents from January and 47.6 cents from

February 2016. The February broiler price, at 48.0 cents per pound, is down 1.0 cent from January but is 2.0 cents above

a year earlier. At 67.2 cents per pound, the February turkey price is down 1.7 cents from the previous month and

12.2 cents from February 2016.


Prices Received Indexes, 2011 Base – United States: February 2017 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group

2011 Base

February 2016

January 2017

February 2017


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

92.5 83.7 64.7 60.4 70.2 68.4

126.2 103.6 75.2

99.3

106.5 116.9 74.6 78.1

104.9

97.5

86.4 78.4 65.2 56.9 62.9 77.4

121.5 101.7 79.4

96.6 96.1

102.3 72.3 94.0 99.4

93.6

91.7 86.6 65.6 57.9 62.6 78.4

124.1 116.7 77.4

96.1 99.2

103.7 81.8 92.0 92.2

96.8

Prices Received Indexes, 1910-1914 Base – United States: February 2017 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group

1910 - 1914 Base

February 2016

January 2017

February 2017


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

955 730

1153

892 683

1121

946 755

1115

Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2016 and 2017 [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

2016 2017 2016 2017 2016 2017 2016 2017

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

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

89.1 92.5 92.7 92.7 94.2 93.0 89.6 89.4 85.9 80.3 83.1 87.8

86.4 91.7

79.6 83.7 82.1 85.7 89.3 86.4 82.4 83.6 82.6 78.6 79.8 80.9

78.4 86.6

100.0 99.3

100.2 97.5 97.5 98.2 96.3 94.1 88.7 82.4 86.3 94.4

96.6 96.1

95.9 97.5 97.5 96.5 98.2 96.7 93.1 93.0 89.0 83.5 88.5 93.1

93.6 96.8


Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2016 and 2017 [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

2016 2017 2016 2017 2016 2017 2016 2017

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

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

106.7 106.3 106.5 106.1 106.4 106.8 105.8 105.2 103.9 103.3 103.8 104.5

106.5 106.6

105.7 105.2 105.3 104.9 105.1 105.6 104.1 103.3 101.6 100.6 101.2 102.1

104.3 104.5

106.2 105.7 105.7 105.8 105.9 106.1 105.7 105.2 104.8 104.9 105.1 105.3

107.3 107.5

107.3 107.0 107.4 106.6 107.0 107.6 106.0 105.2 103.0 101.6 102.5 103.6

105.6 105.7

70

80

90

100

110

120

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Percent

Received and Paid Indexes, Annual Average –United States: 2011=100

Paid Received


60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Crop Farm Received and Paid Indexes,All Items by Quarter –United States: 2011=100

Paid Received

60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Livestock Farm Received and Paid Indexes,All Items by Quarter –United States: 2011=100

Paid Received


60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Received Indexes by Sector and Month,Agricultural, Crop, and Livestock Production –United States: 2011=100

Agricultural Production Crop Production Livestock Production

50

70

90

110

130

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Received Indexes by Month,Feed Grain, Food Grain, and Oilseed –United States: 2011=100

Feed Grain Food Grain Oilseed


60

80

100

120

140

160

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Received Indexes by Month,Fruit & Tree Nut and Vegetable & Melon –United States: 2011=100

Fruit & Tree Nut Vegetable & Melon

50

70

90

110

130

150

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Received Indexes by Month,Dairy, Meat Animal, and Poultry & Egg –United States: 2011=100

Dairy Meat Animal Poultry & Egg


Prices Received for Field Crops and Fruits – United States: February 2017 with Comparisons

Commodity 2011

Base Price February 2016 January 2017 February 2017

Field crops Austrian winter peas ............................................ dollars/cwt 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 Potatoes ............................................................. dollars/cwt Rice, all ............................................................... dollars/cwt Long .................................................................. dollars/cwt Medium and short ............................................. dollars/cwt Sorghum grain .................................................... dollars/cwt Soybeans ....................................................... dollars/bushel Sunflowers, all ..................................................... dollars/cwt Wheat, all ....................................................... dollars/bushel Winter .......................................................... dollars/bushel Durum .......................................................... dollars/bushel Other spring ................................................. dollars/bushel Hard red winter ............................................ dollars/bushel Soft red winter .............................................. dollars/bushel Hard red spring ............................................ dollars/bushel White ........................................................... dollars/bushel Fruits Citrus, equivalent on-tree Grapefruit .......................................................... dollars/box Lemons ............................................................. dollars/box Oranges ............................................................ dollars/box Non-citrus, fresh Apples 1 ........................................................ dollars/pound Grapes 1 .............................................................dollars/ton Peaches 1 ...........................................................dollars/ton Pears 1 ...............................................................dollars/ton Strawberries ...................................................... dollars/cwt

19.50 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

9.78

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

(S) 5.51 3.07 5.70

24.80 15.30 28.90 32.70 24.80 3.58

0.598

236.00 8.10

135.00 137.00 129.00 36.00 2.21

0.198 14.90

8.64

12.10 11.60 13.90 5.54 8.51

20.40

4.61 4.47 6.08 4.56 4.22 4.54 4.54 4.94

9.13 22.04 9.78

0.447 (S) (S)

785.00 167.00

(D) 4.91 2.61 5.19

30.70 17.30 31.60 33.10 30.20 3.40

0.671

199.00 8.26

124.00 128.00 119.00 29.20 2.31

0.195 10.70

8.57

10.80 9.67

13.10 4.81 9.71

17.20

4.02 3.53 6.02 4.76 3.34 4.05 4.80 4.08

10.77 22.44 9.91

0.395 (S) (S)

783.00 147.00

(D) 5.08 2.75 5.20

31.10 17.40 30.60 32.30 28.50 3.44

0.686

203.00 7.86

126.00 129.00 122.00 31.50 2.40

0.198 11.50

8.82 9.81 9.42

11.90 5.01 9.86

17.60

4.15 3.77 5.71 4.81 3.59 4.25 4.89 4.02

10.35 24.72 11.80

0.369 (S) (S)

806.00 128.00

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. 1 Equivalent packinghouse-door returns for California, Michigan, New York (apples only), Pennsylvania (apples only), and Washington (apples,

peaches, and pears). Prices as sold for other states.


Prices Received for Vegetables and Livestock – United States: February 2017 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service]

Commodity 2011

Base Price February 2016 January 2017 February 2017

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 Tomatoes ........................................................... dollars/cwt Livestock Calves ................................................................ dollars/cwt Cattle, all beef ..................................................... dollars/cwt Cows 3 .............................................................. dollars/cwt Steers and heifers ............................................. dollars/cwt Milk cows 4 ........................................................ dollars/head Hogs, all ............................................................. dollars/cwt Barrows and gilts .............................................. dollars/cwt Sows ................................................................ dollars/cwt Dairy and poultry Milk, all 5 ............................................................. dollars/cwt Fat test .................................................................. percent Broilers, live 6 .................................................. dollars/pound Eggs, all 7 ....................................................... dollars/dozen Market 7 8 ...................................................... dollars/dozen Turkeys, live 9 ................................................. dollars/pound

37.50 69.00 41.60 16.50 30.80 47.00 22.50 30.70 18.70 24.30 11.90 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

115.00 125.00 26.80 (NA)

35.80 45.30 29.90 58.70 (NA)

20.90 15.30 88.30

201.00 132.00 77.50

134.00 (NA)

49.60 49.80 45.40

15.70 3.84

0.460 1.08

0.849 0.794

(S) 36.50 55.70 (NA)

28.60 56.70 17.50 30.90 39.20 29.10 11.10 28.40

154.00 117.00 64.00

119.00 1,620.00

48.10 48.70 31.90

18.90 3.92

0.490 0.795 0.572 0.689

(S) 54.90 54.10 (NA)

28.40 65.00 15.60 35.70 (NA)

51.40 8.82

28.50

151.00 119.00 64.90

121.00 (NA)

54.40 55.30 33.20

18.50 3.88

0.480 0.623 0.373 0.672

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

0.979

101 20.20

100

1.12

97 16.40

96

0.860

94 19.10

99

0.651

96 19.30

96

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

basis. Prior year price reflects delivered basis.


3

4

5

6

7

8

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Dollars per bushel

Prices Received for Corn by Month – United States

3

4

5

6

7

8

9

10

11

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Dollars per bushel

Prices Received for Wheat by Month – United States


0.4

0.5

0.6

0.7

0.8

0.9

1.0

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Dollars per pound

Prices Received for Upland Cotton by Month –United States

5

7

9

11

13

15

17

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Dollars per bushel

Prices Received for Soybeans by Month –United States


0

50

100

150

200

250

300

350

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Dollars per cwt

Prices Received for Cattle by Month – United States

All Beef Cattle Calves Cows Steers & Heifers

10

12

14

16

18

20

22

24

26

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Dollars per cwt

Prices Received for Milk by Month – United States


30

40

50

60

70

80

90

100

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Dollars per cwt

Prices Received for Hogs by Month – United States

0.30

0.40

0.50

0.60

0.70

0.80

0.90

1.00

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Dollars per pound

Prices Received for Poultry by Month –United States

Broilers Turkeys


Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2017 with Comparisons [Blank data cells indicate estimation period has not yet begun]

Month All wheat Corn Soybeans

2015 2016 2017 2015 2016 2017 2015 2016 2017

(dollars per

bushel) (dollars per








bushel)

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

6.15 5.89 5.70 5.56 5.33 5.42 5.23 4.84 4.72 4.86 4.86 4.75

4.82 4.61 4.40 4.46 4.45 4.20 3.75 3.67 3.49 3.68 3.88 3.91

4.02 4.15

3.82 3.79 3.81 3.75 3.64 3.59 3.80 3.68 3.68 3.67 3.59 3.65

3.66 3.58 3.56 3.56 3.68 3.82 3.60 3.21 3.22 3.29 3.23 3.33

3.40 3.44

10.30 9.91 9.85 9.69 9.58 9.58 9.95 9.71 9.05 8.81 8.68 8.76

8.71 8.51 8.56 9.01 9.76

10.20 10.20 9.93 9.43 9.30 9.46 9.64

9.71 9.86

Prices Received for Beef Cattle and All Hogs by Month – United States: 2017 with Comparisons [Blank data cells indicate estimation period has not yet begun]

Month Beef cattle 1 All hogs 2

2015 2016 2017 2015 2016 2017

(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 .........

164.00 159.00 160.00 162.00 160.00 155.00 149.00 148.00 139.00 128.00 129.00 122.00

130.00 132.00 135.00 131.00 128.00 125.00 119.00 117.00 108.00 101.00 104.00 111.00

117.00 119.00

57.40 50.40 50.30 49.00 58.90 59.90 58.70 59.00 54.50 55.50 45.90 42.80

43.60 49.60 50.00 51.00 57.20 60.60 59.40 52.60 47.80 41.70 39.00 43.10

48.10 54.40

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


Prices Received for All Wheat – States and United States: February 2017 with Comparisons

State February 2016 January 2017 February 2017

(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) 4.44 5.18 4.37 (D)

3.61 5.14 4.01 5.58 4.46

3.94 4.74 3.63 5.19 4.68 4.41 4.27 4.87 4.35 3.72 5.04

4.61

(D) (D) (D)

2.95 4.01 4.13 3.95 3.18 4.09 4.79

3.84 4.47 2.98 4.58 4.84 4.04 3.39 4.50 4.37 3.26 4.20

4.02

(D) (D) (D)

3.16 4.03 4.22 4.17 3.50 4.25 4.87

3.97 4.51 3.21 4.85 4.92 4.34 3.53 4.33 4.35 3.82 4.08

4.15

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

Prices Received for Winter Wheat – States and United States: February 2017 with Comparisons



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

4.44 5.18 4.44 4.76 3.61 5.14 4.01 5.58 (D)

3.94

4.49 3.63 5.19 3.53 4.41 4.27 4.83 4.07 3.72 4.99

4.47

(D) (D)

2.95 3.85 4.13 3.95 3.18 4.09 4.13 3.84

4.09 2.98 4.58 3.54 4.04 3.39 4.37 3.78 3.26 4.10

3.53

(D) (D)

3.16 3.89 4.22 4.17 3.50 4.25 (D)

3.97

3.93 3.21 4.85 3.89 4.34 3.53 4.23 3.94 3.82 4.04

3.77



Prices Received for Durum Wheat – States and United States: February 2017 with Comparisons



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

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

6.05

6.08

(D) (D) (D)

6.07 5.83

6.02

(D) (S) (D)

5.98 5.60

5.71

(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: February 2017 with Comparisons



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

(D) (D)

4.45 4.79 4.44 5.15 4.41 5.29

4.56

(D) 4.36 4.79 4.67 4.74 5.09 4.97 4.74

4.76

(D) 4.35 4.85 4.92 4.84 4.83 5.09 4.36

4.81


Prices Received for Oats – States and United States: February 2017 with Comparisons



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

(D) 2.41 (D)

1.90 (D) (D)

2.15 (D) (D) (D)

1.88 (D)

1.67

2.21

(D) 3.00 2.68 2.06 (D) (D) (D)

2.22 (S)

2.73 2.21

(S) 2.54

2.31

(D) 3.08 2.79 2.07 (D) (D) (D)

2.35 (S) (D)

2.25 (S)

2.64

2.40



Prices Received for All Barley – States and United States: February 2017 with Comparisons



California ......................................... Colorado .......................................... Idaho ............................................... Minnesota ........................................ Montana .......................................... North Dakota ................................... Oregon 1 .......................................... Utah 1 .............................................. Washington ..................................... Wyoming ......................................... United States ...................................

(D) 6.24 (D)

4.94 5.97 4.79 2.66 (D)

3.30 (D)

5.51

(D) (D)

5.19 4.37 5.10 4.63 (NA) (NA) 2.89 (D)

4.91

4.67 5.29 (D)

4.22 5.15 4.62 (NA) (NA) 2.62 (D)

5.08

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. 1 Monthly estimates discontinued in July 2016.

Prices Received for Malting Barley – States and United States: February 2017 with Comparisons



Idaho ............................................... Minnesota ........................................ Montana .......................................... North Dakota ................................... Wyoming ......................................... United States ...................................

(D) 4.94 6.10 4.98 (D)

5.70

5.86 (D)

5.13 4.81 (D)

5.19

(D) 4.44 5.16 4.78 (D)

5.20


Prices Received for Feed Barley – States and United States: February 2017 with Comparisons



Idaho ............................................... Minnesota ........................................ Montana .......................................... North Dakota ................................... Wyoming ......................................... United States ...................................

3.47 (S)

2.76 2.90

(S)

3.07

2.71 (D)

2.38 2.55

(S)

2.61

2.53 (D)

2.61 2.84

(S)

2.75


Prices Received for Sorghum Grain – States and United States: February 2017 with Comparisons


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

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

7.08 6.11 5.40 (D)

6.58 5.72 5.95 5.37

5.54

(D) (NA) 4.69 (D)

5.04 5.00 4.79 5.85

4.81

(D) (NA) 4.89 (D)

5.54 5.01 5.10 5.76

5.01

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. 1 Monthly estimates discontinued in September 2016.


Prices Received for Corn – States and United States: February 2017 with Comparisons



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

3.51 3.63 3.92 3.48 3.62 3.96 3.71 3.31 3.72 3.55

4.43 3.16 3.86 3.86 3.23 3.91 4.26 3.44

3.58

3.33 3.47 3.65 3.34 3.20 3.79 3.45 3.21 3.43 3.31

4.26 2.99 3.65 4.02 3.08 3.83 3.84 3.27

3.40

3.46 3.48 3.73 3.39 3.33 3.90 3.52 3.25 3.56 3.41

4.34 3.00 3.69 4.04 3.14 3.82 3.83 3.36

3.44

Prices Received for Soybeans – States and United States: February 2017 with Comparisons



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

8.98 8.73 8.80 8.36 8.33 9.04 9.02 8.59 8.12 9.06

8.82 8.28 8.51 8.10 8.87 8.15 9.05 8.55

8.51

10.20 9.93 9.96 9.58 9.41

10.00 10.00 9.78 9.38

10.20

9.78 9.33 9.90 9.20 9.95 9.23

10.00 9.65

9.71

10.10 10.10 10.10 9.71 9.64

10.20 10.40 10.00 9.54

10.30

10.00 9.62

10.20 9.38

10.20 9.43

10.20 9.85

9.86

Prices Received for Dry Beans – States and United States: February 2017 with Comparisons



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

67.60 24.30 31.30

(D) 25.10

(D) 22.30

24.80

80.10 30.70 28.10 32.40 31.30

(D) 28.50

30.70

62.80 30.50 30.20 34.70 30.20

(D) 28.00

31.10



Prices Received for Peanuts (in shell) – States and United States: February 2017 with Comparisons


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

Alabama .......................................... Arkansas1 ........................................ Florida ............................................. Georgia ........................................... Mississippi ....................................... New Mexico ..................................... North Carolina ................................. Oklahoma ........................................ South Carolina ................................. Texas .............................................. Virginia ............................................ United States ...................................

0.193 (S)

0.195 0.191 0.177 0.209 0.213 0.203 0.199 0.224 0.214

0.198

0.188 0.183 0.195 0.187 0.171 0.193 0.214 0.214 0.200 0.230 0.206

0.195

0.198 0.183 0.191 0.186 0.174

(S) 0.216 0.213 0.214 0.252 0.207

0.198

(S) Insufficient number of reports to establish an estimate. 1 Monthly estimates began in August 2016.

Prices Received for Sunflower – States and United States: February 2017 with Comparisons



Colorado 1 ........................................ Kansas ............................................ Minnesota ........................................ North Dakota ................................... South Dakota ................................... United States ...................................

(D) 20.70 21.80 20.60 17.00

20.40

(NA) (D)

20.20 16.80 17.80

17.20

(NA) (D)

18.90 17.70 17.30

17.60

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. 1 Monthly estimates discontinued in September 2016.

Prices Received for Canola – States and United States: February 2017 with Comparisons



Minnesota ........................................ Montana 1 ........................................ North Dakota ................................... Oklahoma 1 ...................................... United States ...................................

(D) (NA)

15.20 (NA)

15.30

(D) (D)

17.30 (S)

17.30

(D) (D)

17.50 (S)

17.40

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Monthly estimates began in September 2016.

Prices Received for Flaxseed – States and United States: February 2017 with Comparisons



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

8.10

8.10

8.26

8.26

7.86

7.86


Prices Received for Upland Cotton and Cottonseed – States and United States: February 2017 with Comparisons [Cottonseed marketing year August - February]

State

Cotton, Upland Cottonseed

February 2016

January 2017

February 2017

February 2016

January 2017

February 2017

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

0.702 0.598 0.678

(D) 0.677

(D) 0.739 0.567 0.607 0.549

0.598

0.681 (D)

0.668 (D)

0.705 0.680 0.684 0.690 0.689 0.665

0.671

0.747 (D)

0.676 (S)

0.695 0.691 0.683 0.680 0.698 0.680

0.686

213.00 (S) (S) (S)

201.00 (S) (S)

200.00 (S)

242.00

236.00

180.00 230.00

(S) (S)

175.00 (S) (S) (S) (S)

199.00

199.00

180.00 270.00

(S) (D)

179.00 (S) (S) (S) (S)

197.00

203.00


Prices Received and Marketings for Upland Cotton and Rice – United States: February 2017 with Comparisons

Item February 2016 January 2017 February 2017

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

0.598 1,017

12.10 14,857

11.60 11,980

17.50

11.20

13.90 2,877

0.671 2,826

10.80 19,163

9.67 12,909

13.80

10.30

13.10 6,254

0.686 1,579

9.81 15,119

9.42 12,765

13.40

9.95

11.90 2,354

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.


Prices Received for Hay by Type – States and United States: February 2017 with Comparisons

State

All hay Alfalfa hay Other hay

February 2016

January 2017

February 2017

February 2016

January 2017

February 2017

February 2016

January 2017

February 2017

(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 ...

152.00 152.00 159.00 150.00 151.00 102.00 98.00

136.00 125.00 83.00

97.00

119.00 85.00

145.00 179.00 180.00 76.00

143.00 86.00

169.00

218.00 97.00

101.00 160.00 162.00 79.00

107.00

135.00

150.00 154.00 151.00 123.00 142.00 89.00 87.00

135.00 131.00 74.00

94.00

133.00 76.00

149.00 161.00 157.00 93.00

121.00 122.00 158.00

183.00 84.00

104.00 120.00 136.00 78.00

113.00

124.00

165.00 160.00 151.00 131.00 148.00 87.00 81.00

135.00 121.00 70.00

95.00

138.00 76.00

145.00 161.00 184.00 78.00

121.00 107.00 147.00

176.00 82.00

102.00 120.00 131.00 87.00

116.00

126.00

150.00 160.00 160.00 150.00 165.00 107.00 105.00 225.00 135.00 90.00

170.00 120.00 87.00

145.00 185.00 216.00 79.00

170.00 142.00 180.00

211.00 101.00 204.00 160.00 155.00 83.00

110.00

137.00

150.00 160.00 150.00 120.00 160.00 94.00 92.00

220.00 155.00 84.00

155.00 135.00 79.00

150.00 165.00 196.00 95.00

155.00 151.00 165.00

192.00 88.00

166.00 120.00 125.00 82.00

115.00

128.00

165.00 165.00 150.00 130.00 165.00 90.00 86.00

220.00 150.00 77.00

150.00 140.00 79.00

145.00 165.00 196.00 80.00

155.00 134.00 155.00

178.00 86.00

168.00 120.00 120.00 92.00

120.00

129.00

200.00 125.00 150.00 150.00 105.00 83.00 78.00

110.00 110.00 65.00

80.00

110.00 80.00

160.00 145.00 179.00 57.00

130.00 78.00

160.00

220.00 85.00 86.00

130.00 180.00 54.00 95.00

129.00

155.00 135.00 160.00 150.00 95.00 80.00 73.00

110.00 120.00 55.00

80.00

125.00 68.00

125.00 135.00 155.00 63.00

100.00 85.00

150.00

181.00 76.00 97.00

105.00 155.00 58.00

105.00

119.00

155.00 140.00 160.00 150.00 95.00 76.00 67.00

110.00 110.00 55.00

85.00

130.00 68.00

130.00 135.00 184.00 58.00

100.00 77.00

140.00

175.00 73.00 89.00

105.00 155.00 67.00

105.00

122.00

Prices Received for Apples – States and United States: February 2017 with Comparisons [Equivalent packinghouse-door returns for California, Michigan, New York, Pennsylvania, and Washington. Prices at point of first sale for other States]

State Apples, fresh use

February 2016 January 2017 February 2017

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

California ......................................... Michigan .......................................... New York ......................................... Pennsylvania ................................... Virginia ............................................ Washington ..................................... United States ...................................

(S) 0.350 0.269 0.273 0.230 0.480

0.447

(S) 0.385 0.361 0.303 0.250 0.408

0.395

(S) 0.340 0.368 0.301 0.250 0.375

0.369

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


Prices Received for Citrus Fruits by Utilization – States and United States: February 2016 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85]

Commodity, State,

and type

FOB packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

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

(D)

27.80 29.40 27.50 30.50

27.50

(D) 49.60

49.50

26.50 26.50

(S) 27.10 28.30 26.50 32.20 32.20

(S)

26.70

17.68 11.54 10.00 12.20 8.72

11.82

(D) 28.22

27.88

14.40 14.40

(S) 11.03 10.68 11.45 14.87 14.87

(S)

12.47

(D)

16.96 18.50 16.70 18.90

17.19

(D) 39.96

39.89

16.96 16.96

(S) 15.99 17.15 15.35 20.60 20.60

(S)

16.99

(D)

9.18 8.55 9.55 (D)

9.14

(D) (D)

(D)

(D) (D) (S)

10.81 10.50 11.20

(D) (D) (S)

9.65

15.30 8.83 7.46 9.42 7.20

9.13

(D) 22.37

22.04

11.72 11.72

(S) 8.31 8.03 8.65

13.10 13.10

(S)

9.78

(D)

14.73 16.35 14.45 17.29

14.95

(D) 33.70

33.63

14.30 14.30

(S) 13.29 14.55 12.60 18.77 18.77

(S)

14.35

(D)

6.26 5.95 6.45 (D)

6.22

(D) (D)

(D)

(D) (D) (S)

8.09 7.85 8.40 (D) (D) (S)

6.92



Prices Received for Citrus Fruits by Utilization – States and United States: January 2017 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85; tangerines and mandarins in California and Florida discontinued beginning January 2017]

Commodity, State,

and type

FOB packed fresh

Equivalent returns



(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

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

(D)

29.30 32.60 28.70 29.90

29.20

(D) 47.50

47.20

28.40 28.40

(S) 32.70 32.50

(S) 29.20 29.20

(S)

28.70

20.09 13.32 12.32 13.54 11.52

13.31

(D) 29.60

28.48

15.96 15.96

(S) 11.63 11.60

(S) 15.86 15.86

(S)

12.93

(D)

18.48 21.70 17.90 18.30

18.64

(D) 37.67

37.40

18.67 18.67

(S) 21.56 21.35

(S) 17.60 17.60

(S)

18.81

(S)

10.47 8.30

11.00 (D)

8.87

(D) (D)

(D)

(D) (D) (S)

11.40 11.40

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

10.75

17.73 10.43 9.54

10.62 9.97

10.77

(D) 23.52

22.44

(D) 13.23

(S) 8.48 8.45

(S) 14.05 14.05

(S)

9.91

(D)

15.88 19.10 15.30 16.69

16.39

(D) 31.28

31.01

15.96 15.96

(S) 18.43 18.25

(S) 15.77 15.77

(S)

16.10

(S)

7.42 5.45 7.90 (D)

6.11

(D) (D)

(D)

(D) (D) (S)

8.25 8.25

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

7.61



Prices Received for Citrus Fruits by Utilization – States and United States: February 2017 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85; tangerines and mandarins in California and Florida discontinued beginning January 2017]

Commodity, State,

and type

FOB packed fresh

Equivalent returns



(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

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

(D)

29.40 32.70 28.90 30.20

29.50

(D) 47.80

47.70

30.00 30.00

(S) 32.40 32.70 32.30 34.80 29.20 37.30

30.30

19.34 13.86 12.71 14.10 9.61

12.84

(D) 31.13

30.84

17.21 17.21

(S) 12.37 11.99 17.37 20.86 13.08 25.70

14.74

(D)

18.55 21.80 18.10 18.60

18.70

(D) 37.97

37.87

20.27 20.27

(S) 21.24 21.55 21.15 23.24 17.60 25.70

20.40

(D)

11.40 9.75

11.80 (D)

8.93

(D) (D)

(D)

(D) (D) (S)

12.00 11.90 14.40

(D) (D) (S)

10.55

16.91 10.97 9.92

11.18 8.08

10.35

(D) 25.00

24.72

14.47 14.47

(S) 9.21 8.84

14.07 19.05 11.30 23.87

11.80

(D)

15.95 19.20 15.50 16.99

16.45

(D) 31.58

31.48

17.56 17.56

(S) 17.98 18.45 17.85 21.41 15.77 23.87

17.69

(D)

8.35 6.90 8.70 (D)

6.27

(D) (D)

(D)

(D) (D) (S)

8.85 8.75

11.10 (D) (D) (S)

7.43



Prices Received for Potatoes – States and United States: February 2017 with Comparisons



California, all 1 ..................................... Spring .............................................. Fall .................................................. Colorado, all 1 ...................................... Fresh 2 ............................................. Florida ................................................. Idaho, all 1 ............................................ Fresh 2 ............................................. Processing ....................................... Maine .................................................. Michigan .............................................. Minnesota ............................................ New York ............................................. North Carolina ..................................... North Dakota, all 1 ................................ Fresh 2 ............................................. Processing ....................................... Oregon ................................................ Texas .................................................. Virginia ................................................ Washington, all 1 .................................. Processing ....................................... Wisconsin, all 1 .................................... Fresh 2 ............................................. Processing ....................................... United States, all 1 ............................... Fresh 2 ............................................. Processing .......................................

12.90 19.00 8.35 9.00

10.10 18.80 6.70 5.70 7.05 (D)

(D)

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

8.40 (D) (S)

8.30 7.90 9.65 8.95 9.35

8.64 8.94 8.16

13.20 15.20 8.65 9.90

11.70 (S)

6.75 4.15 7.45 (D)

(D)

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

7.90 (D) (S)

8.10 7.90 9.00

10.30 7.95

8.57 8.27 8.28

15.50 15.50

(S) 9.35

11.30 23.10 7.15 4.05 7.30 (D)

(D)

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

8.50 (D) (S)

8.20 7.85 9.15 9.10 7.95

8.82 8.42 8.13

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. 1 Average price of potatoes sold for all uses, including table stock, processing, seed, and livestock feed. 2 Fresh market prices only. Includes table stock prices.


Prices Received for All Milk – States and United States: February 2017 with Comparisons [Before deduction for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies]


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

14.30 14.32 16.20 18.90 15.70 15.80 15.80 15.60 15.30 14.80

16.10 14.60 16.70 16.60 17.20 17.10 16.80 16.00 15.60 16.90

17.70 16.00 16.10

15.70

3.50 3.78 3.71 3.65 3.92 3.87 3.83 3.91 3.72 3.74

3.98 3.66 3.90 3.88 4.01 3.89 4.14 3.98 3.92 3.89

3.83 4.01 3.85

3.84

17.80 17.54 19.50 22.80 18.30 19.40 19.40 19.20 18.50 18.10

19.10 17.90 19.70 19.90 21.10 20.00 20.00 20.20 19.00 20.10

21.30 19.70 19.30

18.90

3.72 3.88 3.82 3.69 4.05 3.92 3.89 3.95 3.90 3.77

3.96 3.75 3.95 3.88 4.13 3.95 4.16 4.13 3.98 3.93

3.87 4.13 3.90

3.92

17.20 17.44 18.70 21.60 18.40 18.90 18.70 19.20 17.60 17.50

18.70 17.10 19.10 19.30 20.50 19.60 19.80 19.30 18.40 19.60

20.00 18.90 19.00

18.50

3.65 3.84 3.74 3.67 3.99 3.87 3.86 3.89 3.83 3.77

3.93 3.71 3.92 3.86 4.08 3.91 4.11 4.07 3.87 3.93

3.80 4.08 3.86

3.88

Prices Received for Milk Cows – States and United States: January 2017 with Comparisons [Animals sold for dairy herd replacement only. Quarterly United States milk cow prices are based on revised milk cow inventory]

State January 2016 October 2016 January 2017

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

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

1,900.00 1,800.00 1,900.00 1,800.00 1,850.00 1,850.00 1,800.00 1,860.00 1,830.00 2,000.00

1,730.00 1,900.00 1,700.00 1,750.00 1,850.00 1,780.00 1,700.00 1,850.00 1,700.00 1,830.00

1,750.00 1,800.00 1,910.00

1,830.00

1,800.00 1,700.00 1,900.00 1,610.00 1,800.00 1,600.00 1,600.00 1,640.00 1,680.00 1,700.00

1,600.00 1,750.00 1,530.00 1,500.00 1,850.00 1,500.00 1,650.00 1,800.00 1,750.00 1,720.00

1,540.00 1,750.00 1,760.00

1,690.00

1,700.00 1,600.00 1,800.00 1,650.00 1,650.00 1,600.00 1,500.00 1,570.00 1,750.00 1,600.00

1,490.00 1,850.00 1,500.00 1,500.00 1,700.00 1,480.00 1,600.00 1,650.00 1,700.00 1,680.00

1,470.00 1,650.00 1,730.00

1,620.00


Commodity Parity Prices and Price as Percent of Parity Price – United States: February 2017 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

February 2016

January 2017

February 2017

February 2016

January 2017

February 2017

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

0.613 1.37

0.451

0.067 0.133 0.023 2.31 3.24 2.55

1.80 0.164

0.126 0.394

0.034 0.497 1.90

20.50 3.24 1.15

0.292 0.854 0.770 1.09 2.17

0.666 1.75

0.880

11.10 0.050 16.10 0.102 5.60

0.065

18.10 39.50 13.00

1.93 3.84

0.663 64.90 94.30 68.60

51.90 4.53

3.49 11.40

0.952 14.00 54.50

577.00 92.60 33.20 8.54

24.70 22.40 31.10 62.30

19.00 46.70 24.90

320.00 1.44

467.00 2.97

164.00 1.820

17.70 39.50 13.00

1.93 3.83

0.663 66.60 93.30 73.50

51.90 4.72

3.63 11.40

0.980 14.30 54.70

591.00 93.30 33.10 8.41

24.60 22.20 31.40 62.50

19.20 50.40 25.40

320.00 1.44

464.00 2.94

161.00 1.870

17.70 39.50 13.00

1.93 3.84

0.664 66.70 93.50 73.60

51.90 4.73

3.64 11.40

0.981 14.30 54.80

592.00 93.50 33.20 8.43

24.60 22.20 31.50 62.60

19.20 50.50 25.40

320.00 1.44

465.00 2.94

162.00 1.880

25 31 28

31 31 30 38 35 52

32 46

42 46

47 39 28 41 27 24 26 35 25 27 33

48 47 39

41 32 43 38 30 44

23 27 26

35 36 29 45 35 40

37 44

40 40

40 34 32 34 33 25 27 35 22 31 28

56 45 39

37 34 33 29 30 37

23 25 26

36 36 30 43 35 43

37 44

40 40

38 36 32 34 33 24 28 36 23 31 28

54 49 46

37 33 32 22 34 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.


Commodity Parity Prices – United States: February 2017 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]


base price

Parity price

February 2016

January 2017

February 2017

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

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

0.367 3.28 2.69

0.633 2.24 1.70 2.06

0.181 0.252 0.178 0.170 0.226 0.191

18.90

118.00 265.00 177.00

206.00 0.032 4.19

148.00

142.00 64.40 96.40 63.40 97.00

9.75

91.40 76.70 18.20 64.30 49.00 60.00

5.19 7.35 5.16 4.93 6.63 5.31

528.00

3,350.00 7,240.00 5,130.00

6,030.00

0.923 125.00

4,240.00

4,040.00 (NA)

2,640.00 1,740.00 2,690.00

10.60 94.50 77.50 18.20 64.50 49.00 59.30

5.21 7.26 5.13 4.90 6.51 5.50

545.00

3,400.00 7,630.00 5,100.00

5,930.00

0.922 121.00

4,260.00

4,090.00 1,860.00 2,780.00 1,830.00 2,790.00

10.60 94.70 77.60 18.30 64.60 49.10 59.50

5.22 7.27 5.14 4.91 6.52 5.51

545.00

3,410.00 7,650.00 5,110.00

5,950.00

0.924 121.00

4,270.00

4,100.00 1,860.00 2,780.00 1,830.00 2,800.00

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


Commodity Parity Prices – United States: February 2017 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]


base price

Parity price

February 2016

January 2017

February 2017

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

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

0.040

86.60 45.80

34.00

57.80

63.80

157.00

8.78 3.52

5.19 3.46

0.229 217.00 0.230

232.00

2.73 4.51 2.04 1.93 2.30 1.38 4.01

1.18

2,450.00 1,330.00

940.00

1,620.00

1,750.00 4,440.00

257.00 99.20

152.00 102.00

6.55 6,260.00

6.55 6,810.00

77.00 124.00 59.10 56.50 65.20 41.00

119.00

1.15

2,490.00 1,320.00

980.00

1,670.00

1,840.00 4,520.00

253.00 101.00

150.00

99.70

6.60 6,250.00

6.63 6,680.00

78.70 130.00

58.80 55.60 66.30 39.80

116.00

1.15

2,500.00 1,320.00

981.00

1,670.00

1,840.00 4,530.00

253.00 102.00

150.00 99.90

6.61 6,260.00

6.64 6,700.00

78.80 130.00 58.90 55.70 66.40 39.80

116.00

(NA) Not available. 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.


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: update the current 1990-1992 base reference period to 2011,

link the 1910-1914 series to the updated base reference period, 2011, create index groups used universally by researchers, data

users, and policymakers, re-classify agricultural commodities into the index groups, expand the commodity coverage for

vegetable, melon, non-citrus, and tree nuts, update monthly market weights, and adjust (normalization) 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.


February Prices Paid by Farmers

The February Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 106.6,

is up 0.1 percent from January 2017 and 0.3 percent from February 2016.

Production: The February index, at 104.5, is up 0.2 percent from January but is 0.7 percent lower than last year. Higher

prices for nitrogen, feeder pigs, complete feeds, and concentrates more than offset lower prices for feeder cattle,

herbicides, supplements, and insecticides.

Feed: At 101.5, the February index increased 0.8 percent from January and is up 1.1 percent from last February. Since

January, higher prices for complete feeds, concentrates, hay & forages, and feed grains more than offset lower prices

for supplements.

Livestock and poultry: The February index, at 100.7, decreased 0.8 percent from January and is down 16 percent

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

February feeder cattle price, at $132.00 per cwt, is down $3.00 per cwt from the January price. February feeder pigs

averaged $180.00 per cwt, up $13.00 per cwt from January.

Fertilizer: The index for February, at 69.8, is up 3.3 percent from January but is 8.4 percent below February a year

ago. Since January, prices are higher for nitrogen, mixed fertilizer, and potash & phosphate.

Chemicals: The February index, at 103.4, is down 1.6 percent from January and 4.8 percent from last February.

Fuels: At 68.0, the February index is up 0.1 percent from January and is 43 percent above February 2016. Compared

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

Machinery: The index for February, at 115.3, increased 0.1 percent from January and is 0.6 percent above last

February. Compared with last month, prices are higher for tractors.

Consumer Price Index: The February 2017 Consumer Price Index for All Urban Consumers (CPI-U), as issued by the

Bureau of Labor Statistics, increased 2.8 percent over the last 12 months to an index level of 243.603 (1982-1984=100).

For the month, the index increased 0.3 percent prior to seasonal adjustment.


Prices Paid Indexes and Related Parity Ratios – United States: February 2017 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

February 2016

January 2017

February 2017

February 2016

January 2017

February 2017

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

2877 2190 1107 2354 3755 917 976

1328 1244

3272 7001 2487 2464 (NA) (NA)

3827 7287 8210 2252

3002

2881 2171 1110 2003 3643 814 944

1900 1256

3292 7042 2530 2495 (NA) (NA)

4070 7287 8479 2307

2996

2886 2175 1119 1987 3643 840 929

1901 1257

3292 7046 2537 2496 (NA) (NA)

4070 7287 8479 2314

3000

106.3 105.2 100.4 119.3 114.3 76.2

108.6 47.5

105.5

106.5 114.6 106.9 (NA)

115.2 117.3

105.0 122.8 114.7 105.4

106.4

106.5 104.3 100.7 101.5 110.9 67.6

105.1 67.9

106.5

107.1 115.2 108.7 (NA)

117.6 117.3

111.6 122.8 118.4 108.0

106.2

106.6 104.5 101.5 100.7 110.9 69.8

103.4 68.0

106.5

107.1 115.3 109.1 (NA)

117.7 117.3

111.6 122.8 118.4 108.3

106.4

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

(NA) 33 34

1418

(NA) 31 32

1495

(NA) 33 34

1496

88 (NA) (NA)

(NA)

81 (NA) (NA)

(NA)

86 (NA) (NA)

(NA)

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

105.7 107.0

107.3 105.6

107.5 105.7

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

109.4 102.5

102.8 105.3

102.9 105.5

(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 1.026 for 2017 and the

revised factor is 1.026 for 2016. 6 PPITW is adjusted based on productivity trend for the prior 15 years.


Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States: February 2017 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)

2016 2017 February

2016 January

2017 February

2017

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

75.6

14.5 2.1 7.1 1.8 2.3 1.2

10.5 8.2 0.8 0.9 0.6

5.0 4.5 0.5 6.2 2.7 2.6 0.9 3.2 2.0 0.7 0.5

3.7 2.3 0.8 0.6 4.2 1.4 2.8 1.2 0.2 1.0

5.5 1.2 2.2 2.1 3.7

10.8 1.1 9.7 7.1 3.8 3.3

2.2 2.8 6.2

13.2

74.9

13.4 1.9 6.6 1.7 2.1 1.1

10.3 8.0 0.8 0.9 0.6

5.1 4.6 0.5 5.8 2.6 2.4 0.8 3.3 2.0 0.8 0.5

2.5 1.6 0.5 0.4 4.4 1.5 2.9 1.2 0.1 1.1

5.6 1.2 2.3 2.1 3.9

11.5 1.2

10.3 7.9 4.3 3.6

2.2 3.2 6.5

13.2

105.2

100.4 60.2

110.5 89.5

104.6 118.8 119.3 118.0 134.3 128.9 102.9

114.3 113.7 119.9 76.2 75.8 78.1 71.8

108.6 110.4 108.9 100.2

47.5 45.0 49.2 54.4

105.5 106.1 105.2 106.5 102.0 107.1

114.6 110.6 118.3 112.9 106.9 115.2 111.6 115.6 117.3 130.4 102.2

105.0 122.8 114.7 105.4

104.3

100.7 56.6

110.1 83.2

116.7 117.2 101.5 98.2

119.3 114.1 102.9

110.9 109.5 124.0 67.6 71.5 64.5 64.7

105.1 106.9 105.4 96.5

67.9 58.1 64.6

108.6 106.5 106.7 106.4 107.1 102.0 107.9

115.2 111.3 119.0 113.6 108.7 117.6 111.6 118.3 117.3 130.4 102.2

111.6 122.8 118.4 108.0

104.5

101.5 57.5

110.8 84.5

118.6 115.6 100.7 96.2

128.6 114.1 102.9

110.9 109.5 124.0 69.8 72.1 69.0 64.9

103.4 105.2 103.7 94.9

68.0 57.8 63.5

111.0 106.5 106.7 106.4 107.1 102.1 107.8

115.3 111.5 119.0 113.6 109.1 117.7 111.6 118.4 117.3 130.4 102.2

111.6 122.8 118.4 108.3


70

80

90

100

110

120

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Paid Indexes by Month,All Items and Production Items –United States: 2011=100

All Items Production Items

60

70

80

90

100

110

120

130

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Percent

Paid Indexes, Annual Averages,Production Items, Interest, Taxes, and Wages –United States: 2011=100

Production Items Interest Taxes Wages


70

80

90

100

110

120

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Paid Indexes by Farm Type and Month, All Items –United States: 2011=100

All Farms Crop Farms Livestock Farms

60

70

80

90

100

110

120

130

140

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Paid Indexes by Origin and Month,All Production Items –United States: 2011=100

All Farm Non-farm


40

60

80

100

120

140

160

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Paid Indexes by Non-farm Origin and Month,Chemicals, Fertilizer, and Fuels –United States: 2011=100

Chemicals Fertilizer Fuels

40

60

80

100

120

140

160

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Paid Indexes by Non-farm Origin and Month,Machinery and Supplies & Repairs –United States: 2011=100

Machinery Supplies & Repairs


60

80

100

120

140

160

180

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Percent

Paid Indexes by Farm Origin and Month,Feed and Livestock & Poultry –United States: 2011=100

Feed Livestock & Poultry


Feed Price Ratios – United States: February 2017 with Comparisons

Feed price ratio 1 February 2016 January 2017 February 2017

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

4.8

10.2

13.9

2.18

37.4

9.0

4.7

6.7

14.1

2.69

35.0

7.6

4.6

4.3

15.8

2.61

35.2

7.3

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

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

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

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

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

Prices Received Used to Calculate Feed Price Ratios – United States: February 2017 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agriculture Marketing Service]


(dollars) (dollars) (dollars)

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

0.460 0.849

49.60 15.70

134.00 0.794

3.58

137.00

8.51 4.61

0.490 0.572

48.10 18.90

119.00 0.689

3.40

128.00

9.71 4.02

0.480 0.373

54.40 18.50

121.00 0.672

3.44

129.00

9.86 4.15

Prices Paid for Feeder Livestock – United States: February 2017 with Comparisons [Price data source is United States Department of Agriculture's Agriculture Marketing Service]


(dollars) (dollars) (dollars)

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

162.00 188.00

135.00 167.00

132.00 180.00


Reliability of Prices Paid Estimates

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

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

producer expenditures for the item.

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

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

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

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

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

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

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

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

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

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

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

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

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

(BLS) indexes.

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

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

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

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

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

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

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

survey process to minimize these non-sampling errors.

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

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

annual average index was replaced by an annual index.

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

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

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

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

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

annual index.

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

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

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

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


Information Contacts General Jody McDaniel, Chief, Environmental, Economics and Demographics Branch.............................................. (202) 720-6146 Crop Prices Received Lance Honig, Chief, Crops Branch ................................................................................................................. (202) 720-2127 Anthony Prillaman, Head, Field Crops Section ............................................................................................... (202) 720-2127 Tony Dahlman – Oats, Soybeans ................................................................................................................... (202) 690-3234 Chris Hawthorn – Corn, Flaxseed, Proso Millet ............................................................................................ (202) 720-9526 James Johanson – County Estimates, Hay ..................................................................................................... (202) 690-8533 Scott Matthews – Barley, Crop Weather ........................................................................................................ (202) 720-7621 Sammy Neal – Peanuts, Rice ......................................................................................................................... (202) 720-7688 Jean Porter – Rye, Wheat ............................................................................................................................... (202) 720-8068 Bianca Pruneda – Cotton, Cotton Ginnings, Sorghum ................................................................................... (202) 720-5944 Travis Thorson – Canola, Mustard Seed, Rapeseed, Safflower, Sunflower .................................................. (202) 720-7369 Jorge Garcia-Pratts, Head, Fruits, Vegetables and Special Crops Section ....................................................... (202) 720-2127 Vincent Davis – Cherries, Fresh and Processing Vegetables, Onions, Strawberries, Sugar Crops ............... (202) 720-2157 Fleming Gibson – Citrus, Coffee, Tropical Fruits .......................................................................................... (202) 720-5412 Greg Lemmons – Berries, Cranberries, Potatoes, Sweet Potatoes ................................................................ (202) 720-4285 Dan Norris – Austrian Winter Peas, Dry Beans, Dry Edible Peas, Lentils, Mint, Mushrooms, Peaches, Pears, Wrinkled Seed Peas ........................................................................................................................... (202) 720-3250 Daphne Schauber – Floriculture, Grapes, Hops, Maple Syrup, Nursery, Tree Nuts ..................................... (202) 720-4215 Chris Singh – Apples, Apricots, Plums, Prunes, Tobacco ............................................................................ (202) 720-4288 Livestock Prices Received Dan Kerestes, Chief, Livestock Branch ........................................................................................................... (202) 720-3570 Scott Hollis, Head, Livestock Section .............................................................................................................. (202) 720-3570 Dave Colwell – Sheep and Goats ................................................................................................................... (202) 720-8784 Michael Klamm – Cattle and Cattle on Feed ................................................................................................. (202) 720-3040 Mike Miller – Milk, Milk Cows ..................................................................................................................... (202) 720-3278 Seth Riggins – Hogs and Pigs ........................................................................................................................ (202) 720-3106 Bruce Boess, Head, Poultry and Specialty Commodities Section.................................................................... (202) 720-3570 Aaron Cosgrove – Turkeys ............................................................................................................................ (202) 690-3237 Kim Linonis – Eggs........................................................................................................................................ (202) 690-8632 Josh O’Rear – Honey ..................................................................................................................................... (202) 690-3676 Miste Salmon – Broilers ................................................................................................................................. (202) 720-3244 Indexes, Prices Paid, and Parity Prices Jody McDaniel, Chief, Environmental, Economics and Demographics Branch.............................................. (202) 720-6146 Tony Dorn, Head, Economics Section ............................................................................................................. (202) 690-3223 Daryl Brinkman – Prices Received Indexes, Parity Prices............................................................................. (202) 720-8844 Liana Cuffman – 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) 690-3229 Joe Hagedorn – Cash Rents, Grazing Fees ..................................................................................................... (202) 690-3231

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.

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 http://www.ascr.usda.gov/complaint_filing_cust.html,

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

https://www.nass.usda.gov/

https://www.nass.usda.gov/

http://www.ocio.usda.gov/sites/default/files/docs/2012/Complain_combined_6_8_12.pdf

http://www.ocio.usda.gov/sites/default/files/docs/2012/Complain_combined_6_8_12.pdf

http://www.ascr.usda.gov/complaint_filing_cust.html

mailto:[email protected]

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

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

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

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

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

Documents

Agricultural Prices 03/30/2017 - Cornell University...2017/03/30 · The February Prices Received Index (Agricultural Production), at 91.7, increased 6.1 percent from January 2017