Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July...

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Agricultural Prices ISSN: 1937-4216 Released July 29, 2011, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). July Farm Prices Received Index Increased 2 Points The preliminary All Farm Products Index of Prices Received by Farmers in July, at 181 percent, based on 1990- 1992=100, increased 2 points (1.1 percent) from June. The Crop Index is down 1 point (0.5 percent) but the Livestock Index increased 3 points (2.0 percent). Producers received higher prices for cattle, milk, cantaloupes, and corn and lower prices for broilers, wheat, broccoli, and carrots. In addition to prices, the overall index is also affected by the seasonal change based on a 3-year average mix of commodities producers sell. Increased monthly marketings of wheat, grain sorghum, hay, and tomatoes offset decreased marketings of milk, potatoes, cantaloupes, and strawberries. The preliminary All Farm Products Index is up 43 points (31 percent) from July 2010. The Food Commodities Index, at 172, increased 2 points (1.2 percent) from last month and 34 points (25 percent) from July 2010. Prices Paid Index Up 2 Points The July Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 206 percent of the 1990-1992 average. The index is up 2 points (1.0 percent) from June and 25 points (14 percent) above July 2010. Higher prices in July for feeder cattle, nitrogen, complete feeds, and hay & forages more than offset lower prices for diesel, supplements, and gasoline. Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 1990-1992 Base United States: July 2011 with Comparisons Index July 2010 June 2011 July 2011 Prices received by farmers ......................................................................... Prices paid by farmers ................................................................................ Ratio of prices received to prices paid ........................................................ 138 181 76 179 204 88 181 206 88

Transcript of Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July...

Page 1: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices

ISSN: 1937-4216

Released July 29, 2011, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of

Agriculture (USDA).

July Farm Prices Received Index Increased 2 Points

The preliminary All Farm Products Index of Prices Received by Farmers in July, at 181 percent, based on 1990-

1992=100, increased 2 points (1.1 percent) from June. The Crop Index is down 1 point (0.5 percent) but the Livestock

Index increased 3 points (2.0 percent). Producers received higher prices for cattle, milk, cantaloupes, and corn and lower

prices for broilers, wheat, broccoli, and carrots. In addition to prices, the overall index is also affected by the seasonal

change based on a 3-year average mix of commodities producers sell. Increased monthly marketings of wheat, grain

sorghum, hay, and tomatoes offset decreased marketings of milk, potatoes, cantaloupes, and strawberries.

The preliminary All Farm Products Index is up 43 points (31 percent) from July 2010. The Food Commodities Index, at

172, increased 2 points (1.2 percent) from last month and 34 points (25 percent) from July 2010.

Prices Paid Index Up 2 Points

The July Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 206

percent of the 1990-1992 average. The index is up 2 points (1.0 percent) from June and 25 points (14 percent) above

July 2010. Higher prices in July for feeder cattle, nitrogen, complete feeds, and hay & forages more than offset lower

prices for diesel, supplements, and gasoline.

Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 1990-1992 Base – United States: July 2011 with Comparisons

Index July 2010

June 2011

July 2011

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

138

181

76

179

204

88

181

206

88

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2 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

+Contents

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

Prices Received Indexes – United States: July 2011 with Comparisons ................................................................................. 5

Prices Received and Prices Paid Indexes by Month for Selected Groups – United States: 2010 and 2011,

1990-1992 Base ................................................................................................................................................................... 5

Received and Paid Indexes, Annual Average – United States: 1990-1992=100 Chart ........................................................... 6

Crop Farm Received and Paid Indexes, All Items by Quarter –

United States: 1990-1992=100 Chart................................................................................................................................... 7

Livestock Farm Received and Paid Indexes All Items by Quarter –

United States: 1990-1992=100 Chart................................................................................................................................... 7

Received Indexes by Month, Livestock Products, All Products, and All Crops –

United States: 1990-1992=100 Chart................................................................................................................................... 8

Received Indexes by Month, Food Grains, Feed Grains & Hay, and Oilseeds –

United States: 1990-1992=100 Chart................................................................................................................................... 8

Received Indexes by Month, Fruit & Nut and Commercial Vegetables –

United States: 1990-1992=100 Chart................................................................................................................................... 9

Received Indexes by Month, Meat Animal, Dairy Product, and Poultry & Egg –

United States: 1990-1992=100 Chart................................................................................................................................... 9

Prices Received for Field Crops and Fruits – United States: July 2011 with Comparisons .................................................. 10

Prices Received for Vegetables and Livestock – United States: July 2011 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: 2011 with Comparisons .......................... 16

Prices Received for Beef Cattle and All Hogs by Month – United States: 2011 with Comparisons .................................... 16

Prices Received for All Wheat – States and United States: July 2011 with Comparisons .................................................... 17

Prices Received for Winter Wheat – States and United States: July 2011 with Comparisons .............................................. 17

Prices Received for Durum Wheat – States and United States: July 2011 with Comparisons ............................................. 18

Prices Received for Spring Wheat – States and United States: July 2011 with Comparisons .............................................. 18

Prices Received for All Barley – States and United States: July 2011 with Comparisons ................................................... 19

Prices Received for Malting Barley – States: July 2011 with Comparisons ......................................................................... 19

Prices Received for Feed Barley – States: July 2011 with Comparisons .............................................................................. 19

Prices Received for Corn – States and United States: July 2011 with Comparisons ............................................................ 20

Prices Received for Soybeans – States and United States: July 2011 with Comparisons ..................................................... 20

Prices Received for Oats – States and United States: July 2011 with Comparisons ............................................................. 21

Prices Received for Sorghum Grain – States and United States: July 2011 with Comparisons ........................................... 21

Prices Received for Dry Beans – States and United States: July 2011 with Comparisons ................................................... 22

Prices Received for Peanuts (In-Shell) – States and United States: July 2011 with Comparisons ....................................... 22

Prices Received for Sunflower – States and United States: July 2011 with Comparisons.................................................... 23

Prices Received for Canola – States and United States: July 2011 with Comparisons ......................................................... 23

Prices Received for Flaxseed – States and United States: July 2011 with Comparisons ...................................................... 23

Prices Received for Upland Cotton and Cottonseed – States and United States: July 2011 with Comparisons ................... 24

Prices Received and Farm Marketings for Upland Cotton and Rice – United States: July 2011 with Comparisons ........... 24

Prices Received for Hay by Type – States and United States: July 2011 with Comparisons ............................................... 25

Prices Received for Apples – States and United States: July 2011 with Comparisons ......................................................... 25

Prices Received for Citrus Fruits by Utilization – States and United States: July 2010 ....................................................... 26

Prices Received for Citrus Fruits by Utilization – States and United States: June 2011 ...................................................... 27

Prices Received for Citrus Fruits by Utilization – States and United States: July 2011 ....................................................... 28

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Agricultural Prices (July 2011) 3 USDA, National Agricultural Statistics Service

Prices Received for Potatoes – States and United States: July 2011 with Comparisons ...................................................... 29

Prices Received for All Milk – States and United States: July 2011 with Comparisons ...................................................... 30

Prices Received for Milk Cows – States and United States: July 2011 with Comparisons .................................................. 31

Commodity Parity Prices and Price as Percent of Parity Price – United States: July 2011 with Comparisons .................... 32

Commodity Parity Prices – United States: July 2011 with Comparisons ............................................................................. 33

Marketing Year for Specified Commodities ......................................................................................................................... 35

Prices Received for Sugar Crops, Market Year Average and Value of Production – United States: 2010 .......................... 35

Seasonal Adjustment Factors for All Eggs and All Milk ...................................................................................................... 36

Prices Received Indexes Monthly and Annual Average – United States: 2007-2011 .......................................................... 37

Reliability of Prices Received Estimates .............................................................................................................................. 45

Prices Paid by Farmers .......................................................................................................................................................... 46

Prices Paid Indexes and Related Parity Ratios – United States: July 2011 with Comparisons ............................................ 47

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

July 2011 with Comparisons ............................................................................................................................................. 48

Paid Indexes by Month, All Items and Production Items –

United States: 1990-1992=100 Chart ................................................................................................................................ 49

Paid Indexes, Annual Averages, Production Items, Interest, Taxes, and Wages –

United States: 1990-1992=100 Chart ................................................................................................................................ 49

Paid Indexes by Farm Type and Month, All Items – United States: 1990-1991=100 Chart ................................................ 50

Paid Indexes by Origin and Month, All Production Items – United States: 1990-1992=100 Chart ..................................... 50

Paid Indexes by Non-Farm Sector and Month, Supplies & Repairs, Fertilizer, Machinery, and Fuel –

United States: 1990-1992=100 Chart ................................................................................................................................ 51

Paid Indexes by Month, Feed and Replacement Livestock – United States: 1990-1992=100 Chart .................................... 51

Feed Price Ratios – United States: July 2011 with Comparisons ......................................................................................... 52

Prices Received Used to Calculate Feed Price Ratios – United States: July 2011 with Comparisons ................................. 52

Prices Paid for Feeder Livestock – United States: July 2011 with Comparisons ................................................................. 52

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 ................................................................. 53

Prices Paid Index Sub-Components Monthly and Annual Average – United States: 2007-2011 ....................................... 64

Reliability of Prices Paid Estimates ...................................................................................................................................... 72

Information Contacts ............................................................................................................................................................ 73

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4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received by Farmers

The July All Farm Products Index is 181 percent of its 1990-1992 base, up 1.1 percent from the June index and 31 percent

above the July 2010 index.

All crops: The July index, at 207, decreased 0.5 percent from June but is 41 percent above July 2010. Index increases for

feed grains & hay, potatoes & dry beans, and oilseeds more than offset the index decreases for fruits & nuts, commercial

vegetables, and food grains.

Food grains: The July index, at 238, is 2.1 percent below the previous month but 55 percent above a year ago. The July

all wheat price, at $7.18 per bushel, is down 22 cents from June but $2.69 above July 2010.

Feed grains & hay: The July index, at 267, is up 1.9 percent from last month and 77 percent above a year ago. The corn

price, at $6.46 per bushel, is up 8 cents from last month and $2.97 above July 2010. The all hay price, at $170 per ton, is

up $7.00 from June and up $58.00 from last July. Sorghum grain, at $11.40 per cwt, is 90 cents above June and $5.43

above July last year.

Cotton, Upland: The July index, at 132, is down 1.5 percent from June but 17 percent above last year. The July price, at

79.7 cents per pound, is down 1.7 cents from the previous month but 11.2 cents above last July.

Oilseeds: The July index, at 241, is up 1.7 percent from June and 39 percent higher than July 2010. The soybean price, at

$13.40 per bushel, increased 20 cents from June and is $3.61 above July 2010.

Fruits & nuts: The July index, at 142, is down 11 percent from June and 1.4 percent lower than a year ago. Price

decreases for pears, oranges, and grapefruit more than offset price increases for lemons, apples, and strawberries.

Commercial vegetables: The July index, at 149, is down 6.3 percent from last month and 0.7 percent below July 2010.

Price declines for broccoli, tomatoes, carrots, and cauliflower more than offset price increases during July for cantaloupes,

sweet corn, lettuce, and asparagus.

Potatoes & dry beans: The July index, at 223, is up 13 percent from last month and 50 percent above July 2010. The all

potato price, at $13.46 per cwt, is up $1.87 from June and up $4.63 from last July. The all dry bean price, at $35.10 per

cwt, is up $1.10 from the previous month and $9.30 above July 2010.

Livestock and products: The July index, at 156, is 2.0 percent above last month and up 18 percent from July 2010.

Compared with a year ago, prices are higher for milk, cattle, hogs, eggs, calves, and turkeys. Broiler prices are down from

last year.

Meat animals: The July index, at 153, is up 4.8 percent from last month and 22 percent higher than last year. The July

hog price, at $71.60 per cwt, is up $1.90 from June and $13.10 higher than a year ago. The July beef cattle price of $112

per cwt is up $5.00 from last month and $20.30 higher than July 2010.

Dairy products: The July index, at 169, is up 4.3 percent from a month ago and 39 percent higher than July last year. The

July all milk price of $22.10 per cwt is up 90 cents from last month and $6.20 from July 2010.

Poultry & eggs: The July index, at 150, is down 3.2 percent from June and a year ago. The July market egg price, at

68.4 cents per dozen, decreased 0.3 cent from June but is 15.6 cents above July 2010. The July broiler price, at 47.0 cents

per pound, is down 2.0 cents from June and 5.0 cents below a year ago. The July turkey price, at 69.1 cents per pound, is

down 0.4 cent from the previous month but up 4.4 cents from a year earlier.

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Agricultural Prices (July 2011) 5 USDA, National Agricultural Statistics Service

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

Index

1910-1914 Base 1990-1992 Base

1990-1992 Average

July 2010

June 2011

July 2011

July 2010

June 2011

July 2011

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

All products ............................................ All crops ................................................. Food grains ........................................ Feed grains & hay .............................. Cotton, Upland ................................... Tobacco ............................................. Oilseeds ............................................ Fruits & nuts ...................................... Commercial vegetables ..................... Potatoes & dry beans ......................... Other crops ........................................ Livestock and products .......................... Meat animals ..................................... Dairy products ................................... Poultry & eggs ................................... Food commodities .................................

639

500 325 363 517

1263 554 716 698 540 493

768

1021 799 282

(NA)

878

727 487 540 580

1563 956

1008 1069 756 613

1008 1274 978 434

(NA)

1137

1030 769 933 689

1491 1301 1108 1138 993 635

1171 1490 1304 435

(NA)

1151

1025 753 952 675

1491 1319 990

1066 1129 635

1195 1555 1360 422

(NA)

138

147 154 151 113 103 174 144 150 149 124

132 125 122 155

138

179

208 243 262 134 99

237 159 159 196 129

153 146 162 155

170

181

207 238 267 132 99

241 142 149 223 129

156 153 169 150

172

(NA) Not available.

Prices Received and Prices Paid Indexes by Month for Selected Groups – United States: 2010 and 2011, 1990-1992 Base [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

Index of prices received Index of prices paid

All farm products

All crops

Livestock and

products

All items

Production items

2010 2011 2010 2011 2010 2011 2010 2011 2010 2011

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

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

136 132 137 135 138 135 138 141 143 151 154 152

166 170 173 176 175 179 181

148 145 150 145 147 144 147 151 152 163 172 169

188 200 197 200 202 208 207

121 122 127 128 131 129 132 134 134 134 134 134

137 144 152 156 152 153 156

180 180 181 182 182 181 181 182 183 185 187 189

196 198 201 203 204 204 206

185 184 185 187 187 186 186 187 188 191 194 197

204 207 211 215 215 215 218

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6 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

70

90

110

130

150

170

190

210

230

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Received and Paid Indexes, Annual Average –United States: 1990-1992=100

Paid Received

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Agricultural Prices (July 2011) 7 USDA, National Agricultural Statistics Service

80

100

120

140

160

180

200

220

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Crop Farm Received and Paid Indexes,All Items by Quarter –United States: 1990-1992=100

Paid Received

80

100

120

140

160

180

200

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Livestock Farm Received and Paid Indexes,All Items by Quarter –United States: 1990-1992=100

Paid Received

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8 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

50

70

90

110

130

150

170

190

210

230

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Received Indexes by Month,Livestock Products, All Products, and All Crops –United States: 1990-1992=100

Livestock Products All Products All Crops

25

75

125

175

225

275

325

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Received Indexes by Month,Food Grains, Feed Grains & Hay, and Oilseeds –United States: 1990-1992=100

Food Grain Feed Grain & Hay Oilseeds

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Agricultural Prices (July 2011) 9 USDA, National Agricultural Statistics Service

50

100

150

200

250

300

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Received Indexes by Month,Fruit & Nut and Commercial Vegetables –United States: 1990-1992=100

Fruit & Nut Commercial Vegetable

50

70

90

110

130

150

170

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Received Indexes by Month,Meat Animal, Dairy Product, and Poultry & Egg –United States: 1990-1992=100

Meat Animal Dairy Product Poultry & Egg

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10 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received for Field Crops and Fruits – United States: July 2011 with Comparisons

Commodity Average

1990-1992=100 July 2010 June 2011

Preliminary July 2011

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 1 ........................................................ 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 2 .......................................... dollars/bushel Soft red winter 2 ............................................ dollars/bushel Hard red spring 2 .......................................... dollars/bushel White 2 ......................................................... dollars/bushel Fruits Citrus, equivalent on-tree Grapefruit .......................................................... dollars/box Lemons ............................................................. dollars/box Oranges ............................................................ dollars/box Tangelos ........................................................... dollars/box Tangerines and mandarins ................................ dollars/box Noncitrus, fresh Apples 3 ........................................................ dollars/pound Grapes 3 ............................................................. dollars/ton Peaches 3 ........................................................... dollars/ton Pears 3 ............................................................... dollars/ton Strawberries ...................................................... dollars/cwt

(NA) 2.12 1.90 2.43

19.10 (NA) (NA) (NA) (NA) 2.30

0.606 96.00 4.27

76.30 77.20 60.00 (NA) 1.22

0.304 (NA)

5.82 7.07 (NA) (NA) 3.75 5.61 9.50

2.96 2.93 2.86 3.11 (NA) (NA) (NA) 3.24

5.77 10.10 5.79 5.82

15.11

0.212 506.00 432.00 370.00 56.00

(S) 3.79 2.40 4.14

25.80 17.50 25.90 37.00 22.80 3.49

0.685 (NA)

10.70 112.00 117.00 97.30 26.00 2.11

0.215 7.50

8.83

12.60 11.30 16.90 5.97 9.79

15.40

4.49 4.47 4.44 4.71 4.38 4.77 4.72 5.26

1.30 12.59 7.10 (NA)

(S)

0.299 460.00 573.00 598.00 62.00

(D) 4.66 4.75 4.61

34.00 24.80 36.40 39.80 27.10 6.38

0.814 (NA)

15.40 163.00 180.00 113.00 26.70 3.41

0.232 12.90

11.59 11.80 11.00 17.10 10.50 13.20 29.10

7.40 7.13 8.97 9.26 7.20 7.00 9.34 6.94

9.50 12.79 8.12 (NA)

(S)

0.263 1,270.00

646.00 675.00 72.70

(S) 5.04 5.11 5.01

35.10 25.50 40.00

(D) (D)

6.46

0.797 (NA)

15.50 170.00 189.00 119.00 29.00 3.60

0.236 16.00

13.46 12.50 11.20 17.90 11.40 13.40 31.10

7.18 6.98

12.70 8.46 (NA) (NA) (NA) (NA)

8.20 15.26 7.74 (NA) (NA)

0.289 (S)

632.00 521.00 74.10

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Marketing year August - February. 2 Preliminary estimates not set for this item. 3 Equivalent packinghouse-door returns for California, Michigan, New York (apples only), and Washington (apples, peaches, and pears). Prices as

sold for other states.

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Agricultural Prices (July 2011) 11 USDA, National Agricultural Statistics Service

Prices Received for Vegetables and Livestock – United States: July 2011 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service]

Commodity Average

1990-1992=100 July 2010 June 2011

Preliminary July 2011

Vegetables, fresh 1 Asparagus ........................................................... dollars/cwt Beans, snap 2 ...................................................... dollars/cwt Broccoli ................................................................ dollars/cwt Cantaloupes 2 ...................................................... dollars/cwt Carrots ................................................................. dollars/cwt Cauliflower ........................................................... dollars/cwt Celery .................................................................. dollars/cwt Corn, sweet ......................................................... dollars/cwt Cucumbers 2 ........................................................ dollars/cwt Lettuce ................................................................. dollars/cwt Onions 3 ............................................................... dollars/cwt Tomatoes ............................................................ dollars/cwt Livestock Calves ................................................................. dollars/cwt Cattle, all beef ...................................................... dollars/cwt Cows 4 ............................................................... dollars/cwt Steers & heifers ................................................. dollars/cwt Milk cows 5 ........................................................ dollars/head Hogs, all .............................................................. dollars/cwt Barrows & gilts ................................................... dollars/cwt Sows ................................................................. dollars/cwt Lambs ................................................................. dollars/cwt Sheep .................................................................. dollars/cwt Dairy and poultry Milk, all 6 .............................................................. dollars/cwt Fat test .................................................................. percent Broilers, live 7 .................................................. dollars/pound Eggs, all 8 ....................................................... dollars/dozen Market 8 9 ...................................................... dollars/dozen Turkeys, live 8 10 11 .......................................... dollars/pound

79.80 (NA)

22.50 (NA)

13.20 26.80 11.60 15.70 (NA)

11.90 12.80 32.30

94.30 72.90 49.60 77.10

1130.00 47.70 48.40 39.50 56.20 23.40

13.06 3.66

0.317 0.643 0.546 0.380

(S) 68.80 29.30 15.70 27.10 31.20 16.00 20.20 26.10 26.00 16.30 33.60

122.00 91.70 59.10 96.00

1320.00 58.50 58.70 54.20

122.00 43.80

15.90 3.49

0.520 0.709 0.528 0.647

94.10 52.00 55.70 16.30 35.10 52.80 17.10 24.00 32.00 17.10 20.00 43.50

133.00 107.00 75.90

110.00 (NA)

69.70 70.40 53.70

189.00 50.80

21.20 3.59

0.490 0.883 0.687 0.695

136.00 (S)

28.00 25.30 29.50 34.80 16.60 28.00 30.90 17.60 18.80 35.20

142.00 112.00 74.40

115.00 1480.00

71.60 72.40 54.50 (NA) (NA)

22.10 3.56

0.470 0.880 0.684 0.691

Adjusted for seasonal variation Eggs, all .......................................................... dollars/dozen Seasonal factor ...................................................... percent Milk, all 6 .............................................................. dollars/cwt Seasonal factor ...................................................... percent

0.545

100 9.71 100

0.837

85 16.40

97

1.130

78 22.00

96

1.040

84 22.90

97

(NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Beginning January 2006, point of first sale. FOB shipping point for prior years. 2 Monthly estimates began January 1995. 3 Includes some processing. 4 Beef cows and cull dairy cows sold for slaughter. 5 Animals sold for dairy herd replacement only. Prices available for January, April, July, and October. 6 Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 7 Live weight equivalent price. 8 Mid-month price. 9 Also referred to as table eggs. 10 Live weight equivalent price is used when actual live weight price is not available. 11 Beginning January 2011, price reflects FOB shipping point basis. Prior year price reflects delivered basis.

Page 12: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

12 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

1

2

3

4

5

6

7

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Dollars per bushel

Prices Received for Corn by Month – United States

2

4

6

8

10

12

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Dollars per bushel

Prices Received for Wheat by Month – United States

Page 13: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 13 USDA, National Agricultural Statistics Service

0.2

0.3

0.4

0.5

0.6

0.7

0.8

0.9

1.0

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Dollars per pound

Prices Received for Upland Cotton by Month –United States

3

5

7

9

11

13

15

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Dollars per bushel

Prices Received for Soybeans by Month –United States

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14 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

0

20

40

60

80

100

120

140

160

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Dollars per cwt

Prices Received for Cattle by Month – United States

Calves Steers & Heifers All Beef Cattle Cows

10

12

14

16

18

20

22

24

26

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Dollars per cwt

Prices Received for Milk by Month – United States

Page 15: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 15 USDA, National Agricultural Statistics Service

10

20

30

40

50

60

70

80

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Dollars per cwt

Prices Received for Hogs by Month – United States

0.2

0.3

0.4

0.5

0.6

0.7

0.8

0.9

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Dollars per pound

Prices Received for Poultry by Month –United States

Turkeys Broilers

Page 16: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

16 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2011 with Comparisons [Current month prices are mid-month; prices for previous months and years are for the entire month. Blank data cells indicate estimation period has not yet begun]

Month

All wheat Corn Soybeans

2009 2010 Preliminary

2011 2009 2010

Preliminary 2011

2009 2010 Preliminary

2011

(dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel)

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

6.20 5.79 5.71 5.75 5.85 5.72 5.17 4.85 4.48 4.47 4.79 4.87

4.90 4.73 4.70 4.41 4.34 4.16 4.49 5.44 5.79 5.88 6.10 6.44

6.69 7.42 7.55 8.01 8.16 7.40 7.18

4.36 3.87 3.85 3.85 3.96 4.01 3.60 3.33 3.25 3.61 3.65 3.60

3.66 3.55 3.55 3.41 3.48 3.41 3.49 3.65 4.08 4.32 4.55 4.82

4.94 5.64 5.53 6.35 6.30 6.38 6.46

9.97 9.54 9.12 9.79

10.70 11.40 10.80 10.80 9.75 9.43 9.53 9.80

9.79 9.41 9.39 9.47 9.41 9.45 9.79

10.10 9.98

10.20 11.10 11.60

11.60 12.70 12.70 13.10 13.20 13.20 13.40

Prices Received for Beef Cattle and All Hogs by Month – United States: 2011 with Comparisons [Current month prices are mid-month; prices for previous months and years are for the entire month. Blank data cells indicate estimation period has not yet begun. Price data source is United States Department of Agriculture's Agricultural Marketing Service]

Month

Beef cattle 1 All hogs 2

2009 2010 Preliminary

2011 2009 2010

Preliminary 2011

(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 .........

80.10 78.90 79.10 83.80 83.20 80.10 80.90 80.40 80.50 79.20 79.60 78.50

82.30 85.70 90.40 95.60 94.70 90.40 91.70 93.50 94.10 93.10 94.00 98.10

107.00 108.00 115.00 119.00 112.00 107.00 112.00

42.80 43.80 43.90 44.00 44.60 43.30 43.30 37.30 37.70 37.80 40.30 45.10

48.40 48.90 52.10 56.50 62.20 58.20 58.50 61.30 61.00 53.30 47.80 52.30

55.80 61.60 63.10 67.70 68.60 69.70 71.60

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

Page 17: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 17 USDA, National Agricultural Statistics Service

Prices Received for All Wheat – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

5.40 5.10 (D)

4.34 4.38 4.75 5.06 4.38 5.48 4.24

4.30 4.71 4.41 4.80 4.52 4.52 4.43 5.01 4.37 4.26 4.91

4.49

8.13 7.42 (D)

7.80 7.63 6.42 6.03 7.07 6.27 8.58

6.83 8.20 7.69 7.28 9.85 6.90 7.61 7.44 9.27 7.03 7.67

7.40

(D) 6.90 (D)

6.79 6.90 6.40 6.75 7.15 6.75 7.29

6.80 7.74 6.70 7.01 9.46 7.23 7.28 6.95 8.35 7.22 6.76

7.18

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

Prices Received for Winter Wheat – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

5.10 (D)

4.34 4.23 4.75 5.06 4.38 5.48 4.39 4.30

4.39 4.41 4.80 3.90 4.52 4.43 4.87 4.17 4.26 4.83

4.47

7.42 (D)

7.80 6.99 6.42 6.03 7.07 6.27 (D)

6.83

7.16 7.69 7.28 6.71 6.90 7.61 7.13 7.38 7.03 7.08

7.13

6.90 (D)

6.79 6.35 6.40 6.75 7.15 6.75

(S) 6.80

6.78 6.70 7.01 6.70 7.23 7.28 6.70 6.85 7.22 6.38

6.98

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

Page 18: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

18 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received for Durum Wheat – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

5.40 (D) (D)

4.20 3.84

4.44

8.13 (S) (D)

9.06 11.60

8.97

(D) (S) (S)

12.20 12.80

12.70

(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: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

3.82 4.60 4.23 5.42 4.71 5.61 5.26 5.33

4.71

(S) 8.73 8.59 8.76 9.53 8.94

10.10 9.38

9.26

(S) 7.40 7.30 7.87 9.00 8.25 8.99 7.90

8.46

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

Page 19: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 19 USDA, National Agricultural Statistics Service

Prices Received for All Barley – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

3.32 4.22 5.01 3.86 3.87 3.41 2.88 2.66 3.46 (D)

3.79

5.56 (D)

4.31 5.69 4.58 4.66 4.78 5.38 4.81 (D)

4.66

(D) (S)

4.75 (D)

5.46 4.89 5.20 5.53 4.98

(S)

5.04

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

Prices Received for Malting Barley – States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

Idaho ............................................... Minnesota ........................................ Montana .......................................... North Dakota ................................... Wyoming .........................................

5.16 (D)

4.05 3.85 (D)

3.83 5.75 4.57 4.68

(S)

4.45 (D)

5.64 4.95

(S)

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

Prices Received for Feed Barley – States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

Idaho ............................................... Minnesota ........................................ Montana .......................................... North Dakota ................................... Wyoming .........................................

2.86 1.93 2.28 2.02

(S)

5.69 4.69 4.62 4.63 (D)

5.75 (D)

4.61 4.70

(S)

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

Page 20: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

20 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received for Corn – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

3.48 3.51 3.69 3.50 3.41 3.75 3.55 3.37 3.56 3.54

4.06 3.12 3.57 4.03 3.19 3.86 3.72 3.41

3.49

6.57 6.56 6.82 6.30 7.04 7.28 6.77 5.79 6.87 6.32

8.01 6.23 6.89 7.73 6.17 6.66 7.74 6.40

6.38

7.01 6.60 6.90 6.50 7.10 7.10 6.90 6.00 6.80 6.15

7.07 6.35 6.98 7.42 6.30 6.50 6.57 6.47

6.46

Prices Received for Soybeans – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

9.71 10.00 10.10 9.69 9.83

10.00 9.90 9.80 9.41 (D)

9.87 9.46

10.40 9.25

10.20 9.25 9.96 9.98

9.79

12.80 13.50 13.40 13.20 13.70 13.80 12.50 13.10 12.80 13.30

13.60 13.00 14.00 12.70 13.40 12.90 13.30 12.40

13.20

13.60 13.80 13.80 13.50 13.70 13.90

(D) 13.20 13.00 13.60

13.80 13.10 14.00 12.90 13.60 13.20 13.60 12.80

13.40

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

Page 21: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 21 USDA, National Agricultural Statistics Service

Prices Received for Oats – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

(D) 2.27 2.29 2.05

(S) 2.58 1.92 1.84

(S) 2.19 2.22

(S) 1.84

2.11

(S) 3.63 4.06 3.22 3.04 4.41 (D)

3.02 (D)

3.76 3.68

(S) 3.32

3.41

(S) 3.40 4.00 3.30

(S) 4.25 (D) (D) (S)

3.80 3.70

(S) 3.32

3.60

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

Prices Received for Sorghum Grain – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

Arkansas ......................................... Illinois .............................................. Kansas ............................................ Lousiana .......................................... Missouri ........................................... Nebraska ......................................... Oklahoma ........................................ Texas .............................................. United States ...................................

(S) (D)

5.42 (D)

5.45 5.35 5.39 6.14

5.97

(S) 11.60 12.00

(S) (D)

12.30 12.30 10.00

10.50

(S) 11.50 11.90

(S) 11.70 11.30 12.20 11.30

11.40

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

Page 22: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

22 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received for Dry Beans – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

40.60 30.30 30.00 32.90 25.50 28.40 22.40

25.80

49.60 35.10 30.60 40.60 34.70 32.90 30.50

34.00

(D)

32.20 31.70 40.00

(D) 34.50 33.20

35.10

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

Prices Received for Peanuts (In-Shell) – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

0.199 0.205 0.202 0.193

(D) 0.254 0.236 0.230 0.240 0.214

0.215

0.220 0.225 0.223 0.216 0.249 0.254

(D) 0.254 0.265 0.254

0.232

0.224 0.229 0.223 0.224 0.248 0.255 0.267 0.238 0.272 0.254

0.236

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

Page 23: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 23 USDA, National Agricultural Statistics Service

Prices Received for Sunflower – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

(D) 17.20 15.60 15.60 14.20

15.40

(S) (D)

23.90 28.30 30.20

29.10

(S) (D)

23.60 31.90 31.30

31.10

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

Prices Received for Canola – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

(D) 17.50

17.50

(D) 24.90

24.80

(S) 25.50

25.50

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

Prices Received for Flaxseed – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

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

10.70

10.70

15.40

15.40

15.50

15.50

Page 24: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

24 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received for Upland Cotton and Cottonseed – States and United States: July 2011 with Comparisons [Cottonseed marketing year August - February]

State

Cotton, Upland Cottonseed

July 2010

June 2011

Preliminary July 2011

July 2010

June 2011

Preliminary July 2011

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

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

0.686 (D)

0.686 (D)

0.686 (D)

0.686 0.686 0.686 0.628

0.685

0.797 (D)

0.797 (D)

0.797 0.797 0.797 0.797 0.797 0.827

0.814

0.797 (S)

0.797 (S)

0.797 0.797 0.797 0.797 0.797

(S)

0.797

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

(NA)

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

(NA)

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

(NA)

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

Prices Received and Farm Marketings for Upland Cotton and Rice – United States: July 2011 with Comparisons

Item July 2010 June 2011 Preliminary July 2011

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 Average price .......................................... dollars/cwt Marketings 2 ............................................. 1,000 cwt

0.685 667

12.60 11,952

11.30 9,089

16.90 2,863

0.814 137

11.80 11,058

11.00 9,568

17.10 1,490

0.797 (NA)

12.50 (NA)

11.20 (NA)

17.90 (NA)

(NA) Not available. 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.

Page 25: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 25 USDA, National Agricultural Statistics Service

Prices Received for Hay by Type – States and United States: July 2011 with Comparisons

State

All hay Alfalfa hay Other hay

July 2010

June 2011

Preliminary July 2011

July 2010

June 2011

Preliminary July 2011

July 2010

June 2011

Preliminary July 2011

(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 ...

130.00 113.00 125.00 101.00 122.00 110.00 107.00 89.00

102.00 111.00

74.00 85.00 76.00

110.00 154.00 112.00 56.00

122.00 101.00 154.00

127.00 74.00

132.00 109.00 146.00 102.00 87.00

112.00

226.00 218.00 169.00 189.00 134.00 122.00 141.00 94.00 97.00

105.00

71.00 93.00 86.00

173.00 230.00 146.00 56.00

125.00 111.00 207.00

156.00 95.00

139.00 172.00 170.00 97.00

105.00

163.00

226.00 223.00 178.00 220.00 127.00 117.00 151.00 108.00 103.00 113.00

74.00 97.00 93.00

195.00 235.00 121.00 64.00

130.00 127.00 236.00

160.00 102.00 150.00 196.00 185.00 104.00 121.00

170.00

130.00 121.00 125.00 102.00 128.00 114.00 115.00 135.00 105.00 115.00

130.00 83.00 78.00

110.00 157.00 130.00 59.00

145.00 135.00 150.00

149.00 75.00

183.00 110.00 130.00 110.00 89.00

117.00

230.00 238.00 170.00 191.00 150.00 125.00 150.00 160.00 100.00 115.00

140.00 94.00 89.00

175.00 235.00 155.00 61.00

167.00 155.00 213.00

175.00 99.00

204.00 173.00 165.00 100.00 106.00

180.00

230.00 237.00 180.00 223.00 150.00 121.00 170.00 175.00 110.00 120.00

165.00 97.00 99.00

198.00 240.00 121.00 68.00

169.00 184.00 226.00

217.00 106.00 220.00 200.00 180.00 110.00 123.00

189.00

125.00 90.00

120.00 76.00 85.00 81.00 75.00 70.00 85.00 80.00

60.00

100.00 65.00

105.00 128.00 100.00 44.00 90.00 77.00

171.00

120.00 65.00

110.00 100.00 195.00 80.00 80.00

97.30

170.00 137.00 145.00 145.00 90.00 86.00 90.00 75.00 80.00 80.00

60.00 85.00 65.00

135.00 175.00 124.00 44.00 98.00 76.00

187.00

147.00 81.00

115.00 141.00 185.00 75.00 97.00

113.00

170.00 164.00 155.00 162.00 92.00 83.00 95.00 80.00 85.00 90.00

60.00 94.00 76.00

156.00 179.00 120.00 49.00 77.00 87.00

258.00

133.00 81.00

120.00 155.00 200.00 75.00

115.00

119.00

Prices Received for Apples – States and United States: July 2011 with Comparisons [Equivalent packinghouse-door returns for California, Michigan, New York, and Washington. Prices at point of first sale for other States]

State

Apples, fresh use

July 2010 June 2011 Preliminary July 2011

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

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

(NA) (NA)

0.470 (NA) (NA)

0.299

0.299

(NA) 0.278 0.520

(S) (NA)

0.261

0.263

(NA) (NA)

0.580 (S)

(NA) 0.287

0.289

(NA) Not available. (S) Insufficient number of reports to establish an estimate.

Page 26: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

26 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received for Citrus Fruits by Utilization – States and United States: July 2010 [Net pounds per box: grapefruit in California-67, Florida-85, Texas-80; lemons-76; oranges in California-75, Florida-90, Texas-85; tangelos in Florida-90; tangerines and mandarins in Arizona and California-75, Florida-95]

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 ......................................... Lemons California ......................................... Oranges California ......................................... Navel and miscellaneous ............ Valencia ...................................... United States ..................................

14.20

41.40

20.50 (D)

20.50 20.50

4.40

18.34

9.79 (D)

9.79 9.79

4.40

30.71

11.98 (D)

11.98 11.98

(S)

(D)

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

1.30

12.59

7.10 (D)

7.10 7.10

1.30

24.96

9.29 (D)

9.29 9.29

(S)

(D)

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

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

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Agricultural Prices (July 2011) 27 USDA, National Agricultural Statistics Service

Prices Received for Citrus Fruits by Utilization – States and United States: June 2011 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85; tangelos in Florida-90; tangerines and mandarins in Arizona and California-80, Florida-95]

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 ........................................ Lemons California ........................................ Oranges California ........................................ Navel and miscellaneous ............ Valencia ...................................... Florida Valencia ...................................... United States ..................................

18.00

34.70

21.90 24.10 21.00

26.40

22.40

11.60

18.66

10.12 10.76 9.82

10.83

10.69

11.60

23.80

13.26 15.46 12.36

16.40

13.62

(D)

(D)

(D) (D) (D)

10.70

10.15

9.50

12.79

7.66 8.30 7.38

8.22

8.12

9.50

17.93

10.85 13.05 9.95

13.70

11.18

(D)

(D)

(D) (D) (D)

8.10

7.55

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

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28 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received for Citrus Fruits by Utilization – States and United States: July 2011 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85; tangelos in Florida-90; tangerines and mandarins in Arizona and California-80, Florida-95]

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 ......................................... Lemons California ......................................... Oranges California Valencia ...................................... United States ..................................

16.70

39.20

20.90 20.90

10.30

21.13

10.19 10.19

10.30

28.30

12.26 12.26

(D)

(D)

(D) (D)

8.20

15.26

7.74 7.74

8.20

22.43

9.85 9.85

(D)

(D)

(D) (D)

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

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Agricultural Prices (July 2011) 29 USDA, National Agricultural Statistics Service

Prices Received for Potatoes – States and United States: July 2011 with Comparisons

State July 2010 June 2011 Preliminary July 2011

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

California Spring 1 ........................................ Fall .............................................. All 2 .............................................. Colorado Fresh 3 ......................................... All 2 .............................................. Florida ............................................. Idaho Fresh 3 ......................................... Processing ................................... All 2 .............................................. Maine .............................................. Michigan .......................................... Minnesota ........................................ New York ......................................... North Carolina ................................. North Dakota Fresh 3 ......................................... Processing ................................... All 2 .............................................. Oregon ............................................ Texas .............................................. Virginia ............................................ Washington Processing ................................... All 2 .............................................. Wisconsin Fresh 3 ......................................... Processing ................................... All 2 .............................................. United States Fresh 3 ......................................... Processing ................................... All 2 ..............................................

14.40 11.90 14.30

8.80 7.90

(S)

5.30 7.60 6.20 (D)

10.70 6.95

(S) 11.10

(S) (D) (D)

7.45 (S)

12.10

8.70 9.20

(D) (D) (D)

9.60 8.01 8.83

19.60 10.60 19.20

16.80 14.10

13.10

12.00 7.90 9.55

10.30 (S)

5.95 (D)

11.80

(D) 7.80 8.00

10.50 (S)

16.30

7.60 9.15

(D) (D) (D)

17.49 8.21

11.59

21.60 11.90 21.30

(D)

17.40

(S)

(D) (D)

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

11.50

(D) (D)

7.10 10.70

(S) 16.30

(D) 10.00

(S) (S) (S)

(D) (D)

13.46

(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. 1 Beginning in 2010, winter and summer potatoes included in spring potatoes. 2 Average price of potatoes sold for all uses, including table stock, processing, seed, and livestock feed. 3 Fresh market prices only. Includes table stock prices.

Page 30: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

30 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received for All Milk – States and United States: July 2011 with Comparisons [Before deduction for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies]

State July 2010 June 2011

Preliminary July 2011

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 ............................ Missouri ............................... New Mexico ......................... New York ............................. Ohio ..................................... Oregon ................................. Pennsylvania ....................... Texas ................................... Utah ..................................... Vermont ............................... Virginia ................................. Washington .......................... Wisconsin ............................ United States .......................

15.90 14.69 15.90 21.00 14.60 16.40 17.20 16.00 16.60 16.70

15.30 16.50 15.40 17.40 17.20 16.60 18.10 16.70 15.80 17.60

19.60 15.80 15.20

15.90

3.41 3.51 3.31 3.51 3.42 3.55 3.50 3.47 3.45 3.44

3.54 3.48 3.37 3.54 3.54 3.60 3.50 3.56 3.46 3.63

3.42 3.60 3.47

3.49

21.00 20.42 20.80 25.30 19.30 21.30 21.50 21.20 21.80 21.60

21.20 21.90 20.80 22.40 22.40 22.10 22.90 21.60 20.50 22.70

24.00 21.70 20.70

21.20

3.49 3.62 3.47 3.60 3.54 3.58 3.50 3.57 3.60 3.54

3.63 3.55 3.45 3.60 3.62 3.67 3.60 3.68 3.58 3.68

3.56 3.67 3.60

3.59

21.70 20.70 21.90 26.00 21.00 22.60 22.60 22.50 23.00 22.80

22.70 22.90 21.80 23.10 23.40 22.80 23.80 22.50 21.30 23.20

24.80 22.40 22.10

22.10

3.48 3.59 3.43 3.61 3.47 3.55 3.48 3.54 3.57 3.52

3.59 3.55 3.45 3.58 3.60 3.64 3.60 3.68 3.55 3.65

3.54 3.64 3.55

3.56

Page 31: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 31 USDA, National Agricultural Statistics Service

Prices Received for Milk Cows – States and United States: July 2011 with Comparisons [Animals sold for dairy herd replacement only. Prices estimated in January, April, July, and October]

State July 2010 April 2011 July 2011

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

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

1,300 1,300 1,350 1,360 1,350 1,350 1,260 1,250 1,250 1,400

1,270 1,150 1,320 1,300 1,300 1,320 1,400 1,230 1,250 1,400

1,320 1,300 1,400

1,320

1,450 1,300 1,450 1,480 1,450 1,430 1,450 1,430 1,400 1,550

1,410 1,280 1,380 1,400 1,470 1,390 1,450 1,400 1,300 1,500

1,410 1,400 1,560

1,420

1,500 1,400 1,550 1,540 1,500 1,440 1,500 1,470 1,400 1,550

1,480 1,290 1,460 1,450 1,520 1,450 1,550 1,450 1,340 1,600

1,460 1,450 1,570

1,480

Page 32: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

32 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Commodity Parity Prices and Price as Percent of Parity Price – United States: July 2011 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 January 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

July 2010

June 2011

July 2011

July 2010

June 2011

July 2011

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

Basic commodities All wheat ....................................... bushel Rice ................................................... cwt Corn .............................................. bushel Cotton Upland ...................................... pound American Pima .......................... pound Peanuts ......................................... pound Designated nonbasic All milk, to plants 1 ................................ cwt Honey, extracted 2 ......................... pound Wool and mohair Wool ............................................. pound Mohair ........................................... pound Other nonbasic Apples, fresh 3 ............................... 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 Tangerines ......................................... box Livestock and poultry Beef cattle .......................................... cwt Calves ................................................ cwt Hogs .................................................. cwt Lambs ................................................ cwt Sheep ................................................ cwt Eggs 1 ............................................ dozen Turkeys, live .................................. pound

0.608 1.63

0.384

0.071 0.129 0.027

1.82 0.134

0.092 0.324

0.033 0.425 1.740 15.40 2.92

1.020 0.250 0.834 0.675 0.948 1.91

0.663 1.36

0.686 1.43

10.10 14.10 5.51

11.70 4.38

0.091 0.056

14.50 33.50 9.02

2.04 3.20

0.703

44.40 3.08

2.06 8.32

0.800 10.10 39.50

366.00 69.80 23.60 5.92

20.20 15.90 22.20 44.90

15.70 33.50 16.00 33.70

247.00 349.00 134.00 279.00 105.00

2.21 1.360

16.50 44.20 10.40

1.93 3.50

0.733

49.40 3.64

2.50 8.79

0.895 11.50 47.20

418.00 79.20 27.70 6.78

22.60 18.30 25.70 51.80

18.00 36.90 18.60 38.80

274.00 383.00 149.00 317.00 119.00

2.47 1.520

16.60 44.60 10.50

1.94 3.53

0.739

49.80 3.67

2.52 8.87

0.904 11.60 47.60

422.00 79.90 27.90 6.85

22.80 18.50 26.00 52.30

18.20 37.20 18.80 39.20

277.00 386.00 151.00 320.00 120.00

2.49 1.530

31 38 39

34 37 31

37 47

38 32

37 38 44 42 37 45 36 44 38 44 34

8 38 44

139

37 35 44 44 42 38 48

45 27 61

42 33 32

45 40

46 40

29 41 53 41 43 56 50 51 57 51 56

53 35 44 92

39 35 47 60 43 46 46

43 28 62

41 33 32

46 39

46 39

32 43 54 41 44 56 53 59 62 52 59

45 41 41 91

40 37 47

(NA) (NA)

42 45

(NA) Not available. 1 Seasonally adjusted price as percentage of parity price. 2 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. 3 Equivalent packinghouse-door returns for California, New York (apples only), Oregon (except peaches), and Washington. Price at point of first

sale for other states.

Page 33: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 33 USDA, National Agricultural Statistics Service

Commodity Parity Prices – United States: July 2011 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 January Agricultural Prices for details on adjusted base price and parity price computations]

Commodity and unit Adjusted

base price

Parity price

July 2010

June 2011

July 2011

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

Field crops and miscellaneous Hops ........................................................................ pound Mustard seed ............................................................... cwt Rapeseed .................................................................... cwt Rye ......................................................................... bushel Safflower ..................................................................... cwt Spearmint oil ............................................................ pound Sweetpotatoes ............................................................. 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 Cigar binder, 51 ................................................... pound Noncitrus fruit Apples, processing 1 ..................................................... ton Apricots Fresh 2 ...................................................................... ton Dried (California) ....................................................... ton Avocados 2 ................................................................... ton Cherries Sweet ....................................................................... ton Tart ...................................................................... pound Cranberry 3 ............................................................... barrel Dates 2 (California) ........................................................ ton Grapes Raisin variety ............................................................ ton Other dried ................................................................ ton Kiwifruit ......................................................................... ton Nectarines, fresh 2 (California) ...................................... ton Olives, canning 3 (California) ......................................... ton

0.307 2.66 2.14

0.492 1.94 1.44 2.27

0.208 0.293 0.214 0.183 0.261 0.191 0.675

16.10

114.00 262.00 198.00

210.00 0.034 4.89

183.00

117.00 65.40 94.40 55.30 87.40

7.28

62.80 49.50 11.50 47.30 34.40 55.00

5.24 7.23 5.50 4.51 6.50 4.70

15.80

405.00

2,620.00 6,140.00 5,120.00

4,970.00

0.849 115.00

4,780.00

2,670.00 1,620.00 2,310.00 1,340.00 2,300.00

8.33

72.20 58.10 13.30 52.60 39.10 61.60

5.64 7.95 5.81 4.96 7.08 5.18

18.30

437.00

3,090.00 7,110.00 5,370.00

5,700.00

0.922 133.00

4,960.00

3,170.00 1,770.00 2,560.00 1,500.00 2,370.00

8.41

72.80 58.60 13.50 53.10 39.40 62.20

5.70 8.02 5.86 5.01 7.15 5.23

18.50

441.00

3,120.00 7,170.00 5,420.00

5,750.00

0.931 134.00

5,010.00

3,200.00 1,790.00 2,580.00 1,510.00 2,390.00

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

Page 34: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

34 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Commodity Parity Prices – United States: July 2011 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 January Agricultural Prices for details on adjusted base price and parity price computations]

Commodity and unit Adjusted

base price

Parity price

July 2010

June 2011

July 2011

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

Noncitrus fruit - continued Papayas (Hawaii) ....................................................... pound Peaches Fresh 4 ........................................................................ ton Dried (California) ......................................................... ton Processing, excludes dried Clingstone 3 (California) ......................................... ton Pears Fresh 4 ........................................................................ ton Dried 1 (California) ....................................................... ton Plums (California) Fresh, equivalent on-tree ............................................ ton Prunes, dried 1 (California) .............................................. ton Prunes and plums Fresh, excludes California 5 ......................................... ton Processing, excludes dried 1 ....................................... ton Tree nuts 6 Almonds ..................................................................... pound Hazelnuts ........................................................................ ton Pistachios .................................................................. pound Walnuts ........................................................................... ton Vegetables, fresh 7 Carrots 8 .......................................................................... cwt Cauliflower 8 .................................................................... cwt Celery 8 ........................................................................... cwt Honeydew melons ........................................................... cwt Lettuce ............................................................................ cwt Onions 8 .......................................................................... cwt Tomatoes ........................................................................ cwt

0.046

83.00 57.30

33.70

55.60 178.00

60.20

147.00

63.80 25.70

0.209 183.00 0.194

177.00

2.61 4.26 2.05 2.17 2.35 1.57 4.75

1.12

2,010.00 1,570.00

817.00

1,330.00 4,200.00

1,480.00 3,540.00

1,530.00

643.00

4.90 4,150.00

4.61 4,170.00

61.60 105.00 50.70 56.00 57.00 36.90

114.00

1.11

2,010.00 1,570.00

816.00

1,330.00 4,190.00

1,470.00 3,530.00

1,530.00

641.00

4.89 4,140.00

4.60 4,160.00

61.50 104.00 50.60 55.90 56.90 36.80

113.00

1.26

2,270.00 1,570.00

923.00

1,520.00 4,870.00

1,650.00 4,020.00

1,750.00

704.00

5.72 5,010.00

5.31 4,850.00

71.50 117.00 56.10 59.40 64.30 43.00

130.00 1 Equivalent returns at processing plant door. 2 Equivalent returns at packinghouse door. 3 Equivalent returns for bulk fruit at first delivery point. 4 Equivalent packinghouse-door returns for California, New York (apples only), Oregon (except peaches), and Washington. Price at point of first sale

for other states. 5 Based on "as sold" prices for fresh fruit in all states. 6 Prices In-Shell basis except almonds which are shelled basis. 7 FOB shipping point prices. 8 Includes some processing.

Page 35: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 35 USDA, National Agricultural Statistics Service

Marketing Year for Specified Commodities

Sugarbeets: September 1 to August 31 for United States and all estimating States. Estimating States are California,

Colorado, Idaho, Michigan, Minnesota, Montana, Nebraska, North Dakota, Oregon, and Wyoming.

Sugarcane: October 1 to September 30 for United States and all estimating States. Estimating States are Florida, Hawaii,

Louisiana, and Texas.

Prices Received for Sugar Crops, Market Year Average and Value of Production – United States: 2010 [Final prices and value of production by States will be published in "Crop Values" February 2012]

Sugarbeets 1 Sugarcane 2

Price Value

of production

For sugar Sugar and seed

Price Value of

production Value of

production

(dollars) (per ton) (1,000 dollars) (dollars) (per ton) (1,000 dollars) (1,000 dollars)

United States ............. 61.70 1,968,389 41.70 1,069,956 1,141,077 1 Includes California, Colorado, Idaho, Michigan, Minnesota, Montana, Nebraska, North Dakota, Oregon, and Wyoming. 2 Includes Florida, Hawaii, Louisiana, and Texas.

Page 36: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

36 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Seasonal Adjustment Factors for All Eggs and All Milk

Base prices used in calculating parity prices are averages of prices received by farmers for several years; therefore, any

seasonal variation is largely averaged out. To facilitate comparisons with parity prices, monthly prices for all eggs and all

milk are adjusted for seasonal variation.

The seasonally adjusted price is calculated by dividing the monthly price by the adjustment factor. The factors are based

on prices for the years 1999-2010. Seasonal adjustment factors are published monthly in the United States table with the

seasonal adjusted prices on page 11 of this publication.

Page 37: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 37 USDA, National Agricultural Statistics Service

Prices Received Indexes Monthly and Annual Average – United States: 2007-2011 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

All products 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

778 917 882 860

1052

806 926 799 838

1082

835 929 800 868

1099

847 926 820 856

1115

857 962 820 874

1109

870 1005 842 859

1137

880 1011 823 878

1151

884 990 798 897

890 980 797 907

896 955 848 955

900 899 859 976

906 858 860 966

862 947 829 895

1106

Year All products

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

123 145 139 136 166

127 146 126 132 170

132 146 126 137 173

134 146 129 135 176

135 152 129 138 175

137 158 133 135 179

139 159 130 138 181

139 156 126 141

140 154 126 143

141 151 134 151

142 142 135 154

143 135 136 152

136 149 131 141 174

Year All crops

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

651 787 797 735 933

684 814 725 717 990

706 829 730 743 978

707 839 747 721 993

690 857 739 730

1002

700 909 779 714

1030

696 903 737 727

1025

705 878 718 750

707 862 700 753

739 831 747 808

740 784 759 850

749 742 741 839

706 836 743 757 993

Year All crops

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

131 159 161 148 188

138 164 146 145 200

142 167 147 150 197

143 169 151 145 200

139 173 149 147 202

141 183 157 144 208

140 182 149 147 207

142 177 145 151

143 174 141 152

149 168 151 163

149 158 153 172

151 150 150 169

142 169 150 153 200

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

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38 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Food grains 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

481 787 698 559 685

489 927 649 556 732

491 971 638 547 739

504 954 633 525 773

506 895 633 502 798

531 809 616 459 769

547 765 559 487 753

587 813 537 574

683 789 509 599

752 736 516 600

730 725 547 622

775 672 548 668

590 820 590 558 750

Year Food grains

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

152 248 220 177 216

154 293 205 175 231

155 306 201 173 233

159 301 200 166 244

160 283 200 158 252

168 255 194 145 243

173 241 177 154 238

185 257 170 181

216 249 161 189

237 232 163 189

230 229 172 196

244 212 173 211

186 259 186 176 237

Year Feed grains & hay 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

482 619 671 564 745

536 689 604 544 827

539 713 602 546 818

537 768 599 527 936

558 809 612 542 944

561 824 604 531 933

540 803 551 540 952

534 808 527 560

534 779 511 617

528 686 553 661

548 668 560 693

593 640 552 722

541 734 579 587 879

Year Feed grains & hay 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

135 173 188 158 209

150 193 169 153 232

151 200 169 153 230

151 215 168 148 262

156 227 172 152 265

157 231 169 149 262

151 225 154 151 267

150 227 148 157

150 218 143 173

148 193 155 185

154 187 157 194

166 179 155 202

152 206 162 165 247

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

Page 39: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 39 USDA, National Agricultural Statistics Service

Prices Received Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Cotton 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

418 521 389 515 696

401 533 349 550 785

393 533 342 550 697

392 554 378 565 739

372 547 380 564 688

384 542 381 580 689

383 560 369 580 675

432 455 419 653

440 517 450 632

470 498 495 661

486 464 504 687

504 451 537 685

423 515 416 602 710

Year Cotton

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

82 101 76

100 136

78 104 68

107 153

77 104 67

107 136

76 108 74

110 144

73 107 74

110 134

75 106 74

113 134

75 109 72

113 132

84 89 82

127

86 101 88

123

92 97 97

129

95 90 98

134

98 88

105 133

82 100 81

117 138

Year Tobacco

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1391 1395 1569 1563 1491

1391 1395 1569 1563 1491

1391 1395 1569 1563 1491

1391 1395 1569 1563 1491

1391 1395 1569 1563 1491

1391 1395 1569 1563 1491

1391 1395 1569 1563 1491

1391 1395 1569 1563

1391 1395 1569 1563

1391 1395 1569 1563

1391 1395 1569 1563

1395 1569 1563 1491

1392 1409 1568 1557 1491

Year Tobacco

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

92 92

104 103 99

92 92

104 103 99

92 92

104 103 99

92 92

104 103 99

92 92

104 103 99

92 92

104 103 99

92 92

104 103 99

92 92

104 103

92 92

104 103

92 92

104 103

92 92

104 103

92 104 103 99

92 93

104 103 70

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

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40 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Oilseeds 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

625 974 981 951

1132

677 1150 945 920

1248

684 1125 899 918

1251

677 1180 960 925

1288

700 1190 1048 919

1296

741 1292 1113 923

1301

745 1308 1055 956

1319

757 1248 1055 976

719 975 867 816

788 951 884 918

898 949 905

1018

969 943 942

1092

748 1107 971 944

1262

Year Oilseeds

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

114 178 179 173 207

124 210 172 168 228

125 205 164 167 228

124 215 175 169 235

128 217 191 168 236

135 236 203 168 237

136 239 192 174 241

138 228 192 178

131 178 158 149

144 174 161 168

164 173 165 186

177 172 172 199

137 202 177 172 230

Year Fruits & nuts

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1097 1062 846 906

1046

1125 1047 851 987 988

1066 1040 859 991

1008

1036 957 856 890

1027

1061 1067 898 971

1035

1058 1054 912 990

1108

1021 1063 950

1008 990

1068 1067 974

1055

1127 1114 1036 1102

1226 1079 1039 1117

1255 1022 1034 1226

1093 883 946

1008

1103 1038 933

1021 1029

Year Fruits & nuts

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

157 152 121 130 150

161 150 122 141 141

153 149 123 142 144

148 137 123 127 147

152 153 129 139 148

152 151 131 142 159

146 152 136 144 142

153 153 139 151

161 160 148 158

176 155 149 160

180 146 148 176

157 127 136 144

158 149 134 146 147

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

Page 41: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 41 USDA, National Agricultural Statistics Service

Prices Received Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Commercial vegetables 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1268 985

1239 1060 1380

1179 846 992

1054 1958

1375 962

1077 1501 1557

1294 1157 1256 1357 1172

1030 1100 1010 1226 1233

948 1091 1106 1087 1138

897 1022 967

1069 1066

1047 1030 1001 1107

1111 1248 963

1061

1403 1278 1196 1018

994 1109 1544 1311

988 1078 1489 1106

1128 1076 1153 1163 1358

Year Commercial vegetables

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

177 138 173 148 193

165 118 139 147 274

192 135 151 210 218

181 162 176 190 164

144 154 141 172 173

133 153 155 152 159

126 143 135 150 149

147 144 140 155

155 175 135 149

196 179 167 142

139 155 216 183

138 151 208 155

158 151 161 163 190

Year Potatoes & dry beans

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

619 667 831 663 767

647 699 791 662 799

689 705 819 663 916

744 756 824 743 954

686 820 812 745 959

671 901 821 714 993

702 957 769 756

1129

594 941 756 689

531 795 718 652

525 710 647 605

596 792 661 704

644 826 682 737

637 797 761 694 931

Year Potatoes & dry beans

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

122 132 164 131 151

128 138 156 131 158

136 139 162 131 181

147 149 163 147 188

135 162 160 147 189

132 178 162 141 196

139 189 152 149 223

117 186 149 136

105 157 142 129

104 140 128 119

118 156 130 139

127 163 135 145

126 157 150 137 184

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

Page 42: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

42 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Other crops 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

582 602 607 613 635

582 602 607 613 635

582 602 607 613 635

582 602 607 613 635

582 602 607 613 635

582 602 607 613 635

585 603 607 613 635

585 603 607 613

583 607 609 622

582 607 613 636

582 607 613 636

582 607 613 636

582 604 609 619 635

Year Other crops

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

118 122 123 124 129

118 122 123 124 129

118 122 123 124 129

118 122 123 124 129

118 122 123 124 129

118 122 123 124 129

119 123 123 124 129

119 123 123 124

118 123 124 126

118 123 125 129

118 123 125 129

118 123 125 129

118 123 124 126 129

Year Food commodities 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

123 145 134 134 158

127 144 122 131 163

132 144 122 137 168

135 143 127 135 167

136 148 126 138 165

138 155 130 135 170

140 156 128 138 172

142 153 124 142

143 152 125 141

144 149 132 146

146 139 135 149

146 133 137 147

138 147 128 139 166

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

Page 43: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 43 USDA, National Agricultural Statistics Service

Prices Received Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Livestock and products 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

868 988 878 930

1052

906 1004 836 937

1104

942 990 832 974

1167

971 978 861 978

1195

1010 1026 863

1004 1163

1025 1048 854 987

1171

1052 1059 859

1008 1195

1048 1053 833

1024

1056 1021 831

1028

1003 975 843

1024

1026 944 882

1030

1024 911 917

1026

994 1000 857 996

1149

Year Livestock and products

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

113 129 115 121 137

118 131 109 122 144

123 129 109 127 152

127 128 112 128 156

132 134 113 131 152

134 137 111 129 153

137 138 112 132 156

137 137 109 134

138 133 108 134

131 127 110 134

134 123 115 134

134 119 120 134

130 130 112 130 150

Year Meat animals

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1116 1132 1075 1119 1421

1163 1171 1067 1156 1462

1205 1144 1067 1218 1539

1245 1157 1120 1300 1607

1262 1256 1117 1325 1537

1227 1252 1078 1260 1490

1220 1285 1086 1274 1555

1247 1325 1060 1308

1234 1263 1050 1308

1204 1178 1048 1261

1174 1114 1064 1243

1153 1058 1067 1295

1204 1195 1075 1256 1516

Year Meat animals

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

110 111 106 110 140

114 115 105 113 144

118 112 105 120 151

122 114 110 128 158

124 123 110 130 151

121 123 106 124 146

120 126 107 125 153

122 130 104 128

121 124 103 128

118 116 103 124

115 109 104 122

113 104 105 127

118 117 106 123 149

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

Page 44: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

44 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Received Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Dairy products 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

892 1261 818 991

1028

917 1175 714 972

1175

960 1114 720 911

1255

1015 1114 732 898

1206

1108 1132 714 923

1206

1243 1188 695 948

1304

1329 1194 695 978

1360

1329 1132 745

1028

1341 1120 800

1089

1317 1095 880

1138

1348 1052 948

1101

1323 954

1015 1028

1177 1128 790

1000 1219

Year Dairy products

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

111 157 102 123 128

114 146 89

121 146

119 139 90

113 156

126 139 91

112 150

138 141 89

115 150

155 148 87

118 162

165 149 87

122 169

165 141 93

128

167 139 100 136

164 136 109 142

168 131 118 137

165 119 126 128

146 140 98

124 152

Year Poultry & eggs

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

351 417 419 422 395

372 435 395 412 400

384 445 384 452 421

384 415 394 409 444

397 418 399 420 435

392 433 412 424 435

415 431 407 434 422

404 423 372 424

417 417 362 412

377 417 357 426

414 418 384 457

407 416 400 433

393 424 390 427 422

Year Poultry & eggs

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

125 148 149 150 141

132 155 141 147 142

137 158 137 161 150

137 148 140 146 158

141 149 142 150 155

140 154 147 151 155

148 154 145 155 150

144 151 133 151

149 149 129 147

134 149 127 152

147 149 137 163

145 148 142 154

140 151 139 152 150

1 Simple average required for parity regulations. Weighted 1990-1992 average equals 100. Average is year-to-date for current year.

Page 45: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 45 USDA, National Agricultural Statistics Service

Reliability of Prices Received Estimates

Definition: Prices received represent sales from producers to first buyers. They include all grades and qualities. The

average commodity price from the survey multiplied by the total quantity marketed theoretically should give the total cash

receipts for the commodity.

Survey procedures: Primary sales data used to determine grain prices were obtained from probability samples of about

1900 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 marketings. 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

marketings. Recommendations are prepared by the State 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: For most items, the current month's preliminary price represents a 3-5 day period around the 15th of the

month. Previous month's prices represent actual dollars received for quantities sold during the entire month. 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 nonsampling 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 nonsampling

errors.

Page 46: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

46 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid by Farmers

The July Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) at 206

(1990-1992=100), is up 1.0 percent from June 2011 and 14 percent from July 2010.

Production index: The July index, at 218, increased 1.4 percent from last month and 17 percent from last year. Higher

prices in July for feeder cattle, nitrogen, and complete feeds more than offset lower prices for diesel, supplements, and

gasoline.

Feed: The July index, at 235, increased 2.2 percent from June and 37 percent from last July. Since June, higher prices for

complete feeds, hay & forages, concentrates, and feed grains more than offset lower supplement prices.

Livestock and poultry: The July index, at 155, increased 6.2 percent from last month and 15 percent from last year.

Since June, prices are higher for feeder cattle, feeder pigs, and milk cows. The July feeder cattle price, at $135.50 per cwt,

is up $8.70 from the June price. July feeder pigs averaged $119.00 per cwt, up $8.00 from June.

Fertilizer: The July index, at 337, is up 1.8 percent from June and is 36 percent above July a year ago. Since June, prices

are higher for nitrogen, potash & phosphate, and mixed fertilizer.

Chemicals: The July index, at 144, is unchanged from June but decreased 0.7 percent from last July. Compared with last

month, prices are slightly higher for herbicides and insecticides.

Fuels: The July index, at 368, is down 0.8 percent from a month earlier but is 35 percent above July 2010. Compared with

last month, prices are lower for diesel and gasoline but higher for LP gas.

Machinery: The July index, at 240, is unchanged from June but is 4.3 percent above last July.

Consumer price index: The June 2011 Consumer Price Index, as issued by the Bureau of Labor Statistics, for all urban

consumers (CPI-U) decreased 0.1 percent before seasonal adjustment to a level of 225.722 (1982-1984=100). The May

index is 225.964. For the 12-month period ending in June, the overall index increased 3.6 percent.

Page 47: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 47 USDA, National Agricultural Statistics Service

Prices Paid Indexes and Related Parity Ratios – United States: July 2011 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Indexes and

ratios

1910-1914 Base 1990-1992 Base

July 2010

June 2011

July 2011

July 2010

June 2011

July 2011

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

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

2414 1808 840

1724 3082 904 899

2100 1138

2976 5769 2255 2046 (NA) (NA)

3389 5549 6972

2484 2071

2714 2088 1123 1861 3327 1212 891

2866 1174

3091 6031 2338 2140 (NA) (NA)

3646 6032 7101

2828 2144

2738 2113 1146 1978 3327 1236 892

2839 1178

3094 6031 2348 2150 (NA) (NA)

3646 6032 7101

2856 2142

181 186 172 135 311 247 145 272 160

112 230 166

(NA) 162 191

135 207 186

185 162

204 215 230 146 336 331 144 371 165

116 240 172

(NA) 168 203

145 225 190

210 167

206 218 235 155 336 337 144 368 166

116 240 173

(NA) 169 203

145 225 190

213 167

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

(NA) 36 38

1395

(NA) 42 43

1465

(NA) 42 43

1468

76 (NA) (NA)

(NA)

88 (NA) (NA)

(NA)

88 (NA) (NA)

(NA)

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

193 170

214 194

215 196

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

181 189

218 214

224 214

(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), for the previous month 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 1.044 for 2011 and the

revised factor is 1.041 for 2010. 6 PPITW is adjusted based on productivity trend for the prior 15 years.

Page 48: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

48 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid Indexes and Annual Weights for Input Components and Sub-Components – United States: July 2011 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]

Relative weights Indexes (1990-1992=100)

2010 2011 July 2010

June 2011

July 2011

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

Production items ................................................... Feed ................................................................. Feed grains ................................................... Complete feeds ............................................. Hay & forages ............................................... Concentrates ................................................. Supplements ................................................. Livestock & poultry ............................................ Feeder cattle ................................................. Feeder pigs ................................................... Milk cow replacements .................................. Poultry ........................................................... Seeds ............................................................... Field crops .................................................... Grasses & legumes ....................................... Fertilizer ............................................................ Mixed fertilizer ............................................... Nitrogen ........................................................ Potash & phosphate ...................................... Chemicals ......................................................... Herbicides ..................................................... Insecticides ................................................... Fungicides & other ........................................ Fuels ................................................................. Diesel ............................................................ Gasoline ........................................................ LP gas ........................................................... Supplies & repairs ............................................. Supplies ........................................................ Repairs ......................................................... Autos & 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 ...................................................

70.2

11.9 1.7 5.8 1.5 1.9 1.0 8.6 6.7 0.7 0.7 0.5

3.9 3.6 0.4 5.2 2.3 2.2 0.7 3.2 2.0 0.7 0.5

3.9 2.5 0.9 0.5 4.6 1.5 3.0 1.5 0.2 1.3

4.5 1.0 1.8 1.7 4.5

12.1 1.2

10.8

6.3 3.4 2.9 3.6 3.0 7.5

15.7

70.6

12.2 1.7 6.0 1.5 1.9 1.0 8.5 6.6 0.7 0.7 0.5

4.1 3.7 0.4 5.5 2.4 2.3 0.8 3.3 2.1 0.7 0.5

4.0 2.5 0.8 0.7 4.6 1.5 3.0 1.4 0.2 1.2

4.3 0.9 1.7 1.6 4.4

12.1 1.2

10.9

6.3 3.4 2.9 3.5 3.1 7.4

15.4

186

172 151 178 147 190 180 135 132 169 117 151

311 329 139 247 245 231 298 145 133 165 170

272 293 238 221 160 155 163 112 110 112

230 194 237 243 166 162 145 164

191 243 130 135 207 186 162

215

230 270 230 203 213 234 146 150 121 126 151

336 356 145 331 311 334 383 144 129 167 174

371 406 318 310 165 162 167 116 115 116

240 203 250 252 172 168 148 170

203 258 138 145 225 190 167

218

235 277 234 213 221 229 155 160 129 131 151

336 356 145 337 311 343 404 144 130 167 174

368 401 314 310 166 163 168 116 116 116

240 203 250 252 173 169 148 171

203 258 138 145 225 190 167

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Agricultural Prices (July 2011) 49 USDA, National Agricultural Statistics Service

100

120

140

160

180

200

220

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Paid Indexes by Month,All Items and Production Items –United States: 1990-1992=100

All Items Production Items

30

80

130

180

230

280

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Paid Indexes, Annual Averages,Production Items, Interest, Taxes, and Wages –United States: 1990-1992=100

Production Items Interest Taxes Wages

Page 50: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

50 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

100

120

140

160

180

200

220

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Paid Indexes by Farm Type and Month,All Items – United States: 1990-1992=100

All Farms Crop Farms Livestock Farms

90

110

130

150

170

190

210

230

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Paid Indexes by Origin and Month,All Production Items –United States: 1990-1992=100

All Nonfarm Farm

Page 51: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 51 USDA, National Agricultural Statistics Service

0

100

200

300

400

500

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Paid Indexes by Non-Farm Sector and Month,Supplies & Repairs, Fertilizer, Machinery, andFuel – United States: 1990-1992=100

Supplies & Repairs FertilizerMachinery Fuel

50

100

150

200

250

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Percent

Paid Indexes by Month,Feed and Livestock & Poultry –United States: 1990-1992=100

Feed Livestock & Poultry

Page 52: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

52 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Feed Price Ratios – United States: July 2011 with Comparisons

Feed price ratio 1 July 2010 June 2011 Preliminary July 2011

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

5.0

6.0

16.8

2.31

27.5

6.9

3.1

4.9

10.9

1.88

17.2

4.8

2.9

4.8

11.1

1.91

17.8

4.7 1 Effective January 1995, prices of commercial prepared feeds are based on current United States prices received for corn, soybeans, alfalfa hay, and

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

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

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

uses 51 percent corn, 41 percent alfalfa hay, and 8 percent soybeans. 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: July 2011 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service]

Item July 2010 June 2011 Preliminary July 2011

(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

0.520 0.528

58.50 15.90

96.00 0.647

3.49

117.00

9.79 4.49

0.490 0.687

69.70 21.20

110.00 0.695

6.38

180.00

13.20 7.40

0.470 0.684

71.60 22.10

115.00 0.691

6.46

189.00

13.40 7.18

Prices Paid for Feeder Livestock – United States: July 2011 with Comparisons [Price data source is United States Department of Agriculture's Agricultural Marketing Service]

Item July 2010 June 2011 Preliminary July 2011

(dollars) (dollars) (dollars)

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

111.80 155.00

126.80 111.00

135.50 119.00

Page 53: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 53 USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Commodities, services, interest, taxes, and wage rates (PPITW)

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

2057 2261 2381 2402 2603

2080 2292 2370 2395 2633

2108 2334 2378 2407 2680

2130 2395 2386 2420 2708

2133 2455 2383 2424 2714

2139 2505 2382 2412 2714

2146 2551 2359 2414 2738

2144 2556 2342 2420

2151 2542 2333 2432

2171 2496 2342 2466

2194 2432 2356 2492

2208 2378 2358 2522

2138 2433 2364 2434 2684

Year Commodities, services, interest, taxes, and wage rates

(PPITW) 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

154 170 179 180 196

156 172 178 180 198

158 175 179 181 201

160 180 179 182 203

160 184 179 182 204

161 188 179 181 204

161 192 177 181 206

161 192 176 182

162 191 175 183

163 187 176 185

165 183 177 187

166 179 177 189

161 183 178 183 202

Year Items used for production, interest, taxes, and wage rates

(PITW) 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

2088 2319 2463 2472 2705

2115 2356 2447 2464 2739

2144 2403 2456 2477 2792

2169 2476 2465 2492 2822

2170 2545 2460 2496 2827

2176 2601 2455 2483 2828

2184 2656 2428 2484 2856

2183 2664 2406 2491

2191 2647 2395 2505

2214 2596 2406 2546

2240 2526 2422 2577

2257 2465 2425 2611

2178 2521 2436 2508 2796

Year Items used for production, interest, taxes, and wage rates

(PITW) 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

155 173 183 184 201

157 175 182 183 204

160 179 183 184 208

161 184 183 186 210

162 189 183 186 210

162 194 183 185 210

163 198 181 185 213

162 198 179 185

163 197 178 186

165 193 179 189

167 188 180 192

168 183 181 194

162 188 181 187 208

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

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54 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Items used for production 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1471 1658 1788 1793 1977

1494 1690 1774 1785 2006

1520 1732 1782 1796 2052

1545 1800 1791 1814 2083

1546 1860 1787 1818 2088

1551 1910 1782 1806 2088

1563 1961 1763 1808 2113

1561 1969 1744 1814

1568 1954 1734 1826

1581 1902 1738 1855

1604 1841 1752 1882

1619 1787 1755 1912

1552 1839 1766 1826 2058

Year Items used for production

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

152 171 184 185 204

154 174 183 184 207

157 178 184 185 211

159 185 185 187 215

159 192 184 187 215

160 197 184 186 215

161 202 182 186 218

161 203 180 187

162 201 179 188

163 196 179 191

165 190 181 194

167 184 181 197

160 190 182 188 212

Year Feed

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

681 820 921 905 995

722 860 911 868

1034

731 891 903 854

1033

720 902 901 835

1083

709 968 937 838

1114

717 988 959 832

1123

717 1057 925 840

1146

710 1048 900 849

716 1021 881 879

736 956 883 917

763 934 894 951

780 901 891 974

725 945 909 878

1076

Year Feed

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

140 168 189 185 204

148 176 187 178 212

150 183 185 175 212

148 185 185 171 222

145 198 192 172 228

147 202 196 170 230

147 216 190 172 235

145 215 184 174

147 209 180 180

151 196 181 188

156 191 183 195

160 184 183 199

149 194 186 180 220

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

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Agricultural Prices (July 2011) 55 USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Livestock & poultry 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1565 1572 1539 1547 1924

1598 1638 1517 1611 1979

1672 1599 1518 1674 2027

1712 1562 1565 1786 2035

1691 1626 1516 1750 1903

1647 1588 1436 1709 1861

1716 1580 1445 1724 1978

1739 1639 1418 1704

1731 1596 1399 1662

1697 1514 1409 1684

1661 1511 1444 1717

1626 1617 1463 1811

1671 1587 1472 1698 1958

Year Livestock & poultry 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

122 123 120 121 151

125 128 119 126 155

131 125 119 131 159

134 122 122 140 159

132 127 119 137 149

129 124 112 134 146

134 124 113 135 155

136 128 111 133

135 125 109 130

133 118 110 132

130 118 113 134

127 127 114 142

131 124 115 133 153

Year Seeds

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1838 2086 2722 3008 3082

1838 2086 2722 3008 3082

1838 2086 3008 3082 3327

2086 2722 3008 3082 3327

2086 2722 3008 3082 3327

2086 2722 3008 3082 3327

2086 2722 3008 3082 3327

2086 2722 3008 3082

2086 2722 3008 3082

2086 2722 3008 3082

2086 2722 3008 3082

2086 2722 3008 3082

2024 2563 2960 3070 3257

Year Seeds

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

186 211 275 304 311

186 211 275 304 311

186 211 304 311 336

211 275 304 311 336

211 275 304 311 336

211 275 304 311 336

211 275 304 311 336

211 275 304 311

211 275 304 311

211 275 304 311

211 275 304 311

211 275 304 311

204 259 299 310 329

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

Page 56: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

56 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Fertilizer 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

666 1007 1246 851

1119

683 1065 1191 866

1116

740 1155 1173 871

1165

766 1260 1181 903

1184

780 1333 1102 918

1188

794 1489 992 914

1212

809 1616 944 904

1236

808 1718 881 907

816 1755 856 935

837 1757 849 975

854 1622 845

1010

928 1452 848

1049

790 1436 1009 925

1174

Year Fertilizer

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

182 275 340 232 305

186 291 325 236 304

202 315 320 238 318

209 344 322 246 323

213 364 301 250 324

217 406 271 249 331

221 441 258 247 337

221 469 240 247

223 479 234 255

228 479 232 266

233 443 230 276

253 396 231 286

216 392 275 252 320

Year Chemicals

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

797 820 877 885 891

797 822 915 885 895

803 827 930 887 894

805 833 941 892 893

800 840 944 893 891

798 854 913 895 891

796 868 919 899 892

798 871 895 900

795 883 906 903

803 889 914 900

808 903 943 893

810 899 954 887

801 859 921 893 892

Year Chemicals

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

129 133 142 143 144

129 133 148 143 145

130 134 150 143 145

130 135 152 144 144

129 136 153 144 144

129 138 148 145 144

129 140 149 145 144

129 141 145 146

128 143 146 146

130 144 148 146

131 146 153 144

131 145 154 144

129 139 149 144 144

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

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Agricultural Prices (July 2011) 57 USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Fuels 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1690 2369 1575 2151 2468

1717 2400 1526 2093 2589

1855 2690 1476 2133 2801

1992 2847 1546 2224 2928

2031 3091 1600 2229 2953

2026 3282 1835 2125 2866

2055 3310 1788 2100 2839

2032 3036 1874 2147

2098 2870 1897 2152

2186 2443 1948 2245

2405 1903 2048 2305

2373 1601 2061 2387

2038 2653 1765 2191 2778

Year Fuels

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

219 307 204 279 320

222 311 198 271 335

240 349 191 276 363

258 369 200 288 379

263 400 207 289 383

263 425 238 275 371

266 429 232 272 368

263 393 243 278

272 372 246 279

283 317 252 291

312 247 265 299

308 207 267 309

264 344 229 284 360

Year Supplies & repairs 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1051 1072 1119 1120 1151

1053 1074 1116 1124 1154

1052 1069 1114 1125 1154

1053 1076 1114 1127 1158

1054 1081 1109 1131 1171

1066 1084 1106 1133 1174

1061 1094 1111 1138 1178

1063 1100 1111 1139

1067 1104 1111 1140

1067 1114 1114 1141

1068 1115 1114 1142

1071 1115 1114 1143

1060 1091 1113 1134 1163

Year Supplies & repairs 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

148 151 158 158 162

148 151 157 158 163

148 151 157 159 163

148 152 157 159 163

148 152 156 159 165

150 153 156 160 165

150 154 157 160 166

150 155 157 161

150 156 157 161

150 157 157 161

151 157 157 161

151 157 157 161

149 154 157 160 164

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

Page 58: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

58 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Autos & trucks 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

2980 2965 2841 2996 3026

2976 2956 2874 3004 3053

2975 2940 2892 3003 3067

2967 2922 2901 2996 3076

2954 2907 2909 2985 3089

2938 2896 2924 2979 3091

2928 2883 2932 2976 3094

2924 2847 2895 2975

2918 2818 2903 2980

2925 2817 2958 2989

2948 2819 2987 3003

2959 2818 2993 3014

2949 2882 2917 2992 3071

Year Autos & trucks

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

112 111 107 113 114

112 111 108 113 115

112 111 109 113 115

112 110 109 113 116

111 109 109 112 116

110 109 110 112 116

110 108 110 112 116

110 107 109 112

110 106 109 112

110 106 111 112

111 106 112 113

111 106 113 113

111 108 110 113 115

Year Machinery

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

4670 4968 5380 5677 5937

4681 4986 5501 5678 5982

4732 5005 5527 5674 6002

4740 5063 5523 5694 5996

4756 5204 5517 5717 6031

4779 5220 5508 5726 6031

4800 5277 5660 5769 6031

4815 5319 5662 5782

4831 5358 5658 5802

4859 5393 5655 5825

4928 5543 5655 5894

4942 5431 5652 5907

4794 5231 5575 5762 6002

Year Machinery

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

186 198 214 226 237

187 199 219 226 238

189 199 220 226 239

189 202 220 227 239

190 207 220 228 240

190 208 220 228 240

191 210 226 230 240

192 212 226 230

193 214 226 231

194 215 225 232

196 221 225 235

197 216 225 235

191 209 222 230 239

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

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Agricultural Prices (July 2011) 59 USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Building materials 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

2080 2125 2263 2211 2277

2083 2139 2239 2224 2290

2090 2157 2232 2236 2304

2100 2188 2221 2253 2316

2107 2222 2217 2267 2328

2111 2257 2208 2258 2338

2115 2293 2207 2255 2348

2115 2327 2203 2254

2112 2339 2208 2251

2112 2319 2207 2251

2112 2298 2205 2255

2114 2272 2208 2263

2104 2245 2218 2248 2315

Year Building materials 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

153 156 167 163 168

153 157 165 164 169

154 159 164 165 170

155 161 163 166 170

155 164 163 167 171

155 166 163 166 172

156 169 162 166 173

156 171 162 166

155 172 163 166

155 171 162 166

155 169 162 166

156 167 163 167

155 165 163 165 170

Year Services & rent 2 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1739 1796 1980 2030 2120

1751 1797 1978 2028 2121

1738 1799 1977 2033 2126

1731 1805 1974 2032 2125

1736 1808 1974 2036 2130

1749 1826 1985 2046 2140

1754 1833 1976 2046 2150

1753 1836 1975 2047

1753 1832 1975 2046

1752 1833 1974 2042

1750 1825 1970 2040

1751 1825 1970 2041

1746 1818 1976 2039 2130

Year Services

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

145 143 157 160 165

147 143 157 159 165

145 144 156 160 166

144 144 156 160 166

145 145 156 160 166

146 147 158 162 168

147 148 156 162 169

147 148 156 162

147 148 156 162

147 148 156 161

147 147 156 161

147 147 156 161

146 146 156 161 166

Year Rent

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

147 165 184 191 203

147 165 184 191 203

147 165 184 191 203

147 165 184 191 203

147 165 184 191 203

147 165 184 191 203

147 165 184 191 203

147 165 184 191

147 165 184 191

147 165 184 191

147 165 184 191

147 165 184 191

147 165 184 191 203

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

Page 60: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

60 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Interest 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

3569 3693 3454 3389 3646

3569 3693 3454 3389 3646

3569 3693 3454 3389 3646

3569 3693 3454 3389 3646

3569 3693 3454 3389 3646

3569 3693 3454 3389 3646

3569 3693 3454 3389 3646

3569 3693 3454 3389

3569 3693 3454 3389

3569 3693 3454 3389

3569 3693 3454 3389

3569 3693 3454 3389

3569 3693 3454 3389 3646

Year Interest

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

142 147 138 135 145

142 147 138 135 145

142 147 138 135 145

142 147 138 135 145

142 147 138 135 145

142 147 138 135 145

142 147 138 135 145

142 147 138 135

142 147 138 135

142 147 138 135

142 147 138 135

142 147 138 135

142 147 138 135 145

Year Taxes

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

5356 5598 5453 5549 6032

5356 5598 5453 5549 6032

5356 5598 5453 5549 6032

5356 5598 5453 5549 6032

5356 5598 5453 5549 6032

5356 5598 5453 5549 6032

5356 5598 5453 5549 6032

5356 5598 5453 5549

5356 5598 5453 5549

5356 5598 5453 5549

5356 5598 5453 5549

5356 5598 5453 5549

5356 5598 5453 5549 6032

Year Taxes

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

200 209 204 207 225

200 209 204 207 225

200 209 204 207 225

200 209 204 207 225

200 209 204 207 225

200 209 204 207 225

200 209 204 207 225

200 209 204 207

200 209 204 207

200 209 204 207

200 209 204 207

200 209 204 207

200 209 204 207 225

Year Wage rates

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

6688 6985 7062 7159 7295

6688 6985 7062 7159 7295

6688 6985 7062 7159 7295

6591 6830 7017 6991 7101

6591 6830 7017 6991 7101

6591 6830 7017 6991 7101

6455 6701 6888 6972 7101

6455 6701 6888 6972

6455 6701 6888 6972

6707 6927 7062 7192

6707 6927 7062 7192

6707 6927 7062 7192

6610 6860 7007 7079 7184

Year Wage rates

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

179 187 189 191 195

179 187 189 191 195

179 187 189 191 195

176 183 188 187 190

176 183 188 187 190

176 183 188 187 190

173 179 184 186 190

173 179 184 186

173 179 184 186

179 185 189 192

179 185 189 192

179 185 189 192

177 183 187 189 192

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

Page 61: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 61 USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Family living 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1922 2005 2005 2058 2092

1933 2011 2015 2059 2102

1950 2028 2020 2067 2122

1963 2040 2025 2071 2136

1975 2057 2031 2072 2146

1979 2078 2049 2070 2144

1978 2089 2045 2071 2142

1975 2081 2050 2073

1980 2078 2051 2075

1984 2057 2053 2077

1996 2018 2055 2078

1995 1997 2051 2082

1969 2045 2038 2071 2126

Year Family living

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

150 157 157 161 163

151 157 157 161 164

152 158 158 161 166

153 159 158 162 167

154 161 159 162 168

155 162 160 162 167

155 163 160 162 167

154 163 160 162

155 162 160 162

155 161 160 162

156 158 160 162

156 156 160 163

154 160 159 162 166

Year Production items with farm origin 3

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

141 159 179 182 203

146 165 177 180 209

149 167 181 181 214

153 178 182 183 219

152 186 185 182 219

151 187 185 180 218

153 194 181 181 224

153 194 178 182

154 191 176 184

155 182 176 188

156 180 178 192

157 179 179 197

152 180 180 184 215

Year Production items with non-farm origin 4

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

157 177 187 186 204

158 179 186 186 206

160 184 185 187 210

162 189 186 189 212

163 195 184 190 213

164 202 183 189 214

165 206 182 189 214

165 207 181 190

166 207 180 191

167 203 181 193

170 195 182 195

172 187 182 197

164 194 183 190 211

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

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62 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

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

Year Parity ratio 5

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

38 41 37 36 40

39 40 34 35 41

40 40 34 36 41

40 39 34 35 41

40 39 34 36 41

41 40 35 36 42

41 40 35 36 42

41 39 34 37

41 39 34 37

41 38 36 39

41 37 36 39

41 36 36 38

40 39 35 37 41

Year Adjusted parity ratio 6

1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

39 42 38 37 42

40 42 35 36 42

41 41 35 38 42

41 40 36 37 42

42 41 36 37 42

42 42 37 37 43

43 41 36 38 43

43 40 35 39

43 40 35 39

43 40 38 40

43 38 38 41

43 37 38 40

42 40 36 38 43

Year Ratio

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

80 85 78 76 85

81 85 71 73 86

84 83 70 76 86

84 81 72 74 87

84 83 72 76 86

85 84 74 75 88

86 83 73 76 88

86 81 72 77

86 81 72 78

87 81 76 82

86 78 76 82

86 75 77 80

85 82 74 77 86

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

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Agricultural Prices (July 2011) 63 USDA, National Agricultural Statistics Service

Prices Paid Indexes Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Crop sector (PPITW) 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

160 178 189 191 206

161 179 189 191 207

163 183 190 192 212

166 190 191 193 213

166 194 189 193 214

167 199 188 193 214

167 202 187 193 215

167 202 186 193

167 202 185 194

169 200 186 196

171 195 187 197

172 189 187 199

166 193 188 194 211

Year Livestock sector (PPITW)

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

149 162 169 170 185

152 166 168 169 188

154 168 168 170 190

155 170 168 171 193

154 176 169 171 194

155 178 170 170 194

155 182 168 170 196

155 182 166 171

156 180 165 172

157 175 166 175

159 171 167 177

160 169 167 180

155 173 168 172 192

Year Commodities, services, interest, taxes, and wage rates

Adjusted for productivity 1910-1914 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

1374 1437 1418 1405 1455

1379 1443 1418 1404 1461

1386 1452 1420 1407 1471

1384 1452 1418 1398 1463

1387 1463 1419 1399 1465

1388 1474 1421 1397 1465

1379 1473 1408 1395 1468

1378 1473 1406 1397

1380 1470 1405 1399

1403 1477 1419 1420

1408 1461 1421 1424

1410 1450 1421 1429

1388 1460 1416 1406 1464

1 Simple average and is year-to-date for current year. 2 For the 1990-92=100 base period, the Services & Rent Index is separated. 3 Feed, livestock & poultry purchases, and seed. 4 Fertilizer, agricultural chemicals, fuels, supplies & repairs, autos & trucks, machinery, building materials, and services & rent. 5 Ratio of index of prices received to index of prices paid for commodities, services, interest, taxes, and wage rates. 6 Ratio of the index of prices received after adjustment for government payments to the index of prices paid for commodities, services, interest, taxes,

and wage rates.

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64 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components Monthly and Annual Average – United States: 2007-2011 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Feed grains 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

135 174 183 157 215

151 198 163 152 244

150 206 164 153 240

147 223 164 146 273

152 227 169 150 270

152 237 171 146 270

143 226 154 151 277

142 225 145 157

145 215 142 176

146 189 154 186

151 183 156 197

165 173 155 208

148 206 160 165 255

Year Complete feeds

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

138 161 188 195 208

141 168 193 187 212

145 177 193 183 217

142 178 191 178 223

136 188 200 178 227

139 195 206 177 230

141 215 206 178 234

138 215 199 179

139 213 196 182

144 204 191 189

149 196 191 198

152 184 191 202

142 191 195 186 221

Year Hay & forages

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

147 169 177 142 148

152 172 171 139 152

161 178 170 142 161

165 180 166 143 178

171 212 164 151 207

164 206 153 149 203

165 209 146 147 213

165 207 139 145

168 204 141 145

170 199 141 147

173 192 141 145

171 180 140 148

164 192 154 145 180

Year Concentrates

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

124 174 190 190 213

145 175 183 187 214

142 180 179 183 204

140 178 186 176 203

137 199 197 182 206

144 196 215 184 213

149 221 199 190 221

150 216 198 193

150 197 188 187

154 164 190 197

162 178 193 209

161 192 194 208

146 189 193 190 210

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

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Agricultural Prices (July 2011) 65 USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Supplements 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

176 182 215 230 230

182 192 222 206 238

177 188 206 200 225

170 178 210 204 232

165 185 219 182 239

164 193 214 182 234

155 212 204 180 229

154 202 208 181

156 205 200 215

163 212 210 225

171 205 225 220

176 202 223 229

167 196 213 204 232

Year Feeder cattle

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

115 117 112 115 149

117 123 110 120 153

124 119 109 125 157

129 118 116 134 159

128 124 117 131 151

126 123 113 129 150

132 123 116 132 160

134 126 114 132

134 122 111 127

131 114 109 130

128 110 111 134

123 119 111 141

127 120 112 129 154

Year Feeder pigs

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

158 114 159 160 199

169 123 156 174 220

171 122 162 189 221

160 95

160 209 200

152 99

109 201 152

127 73 66

181 121

111 57 62

169 129

120 88 49

150

109 90 65

152

99 90 89

148

96 123 107 140

104 145 127 162

131 102 109 170 178

Year Milk cow replacements

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

147 174 145 119 115

147 174 145 119 115

147 174 145 119 115

153 172 123 118 126

153 172 123 118 126

153 172 123 118 126

173 176 113 117 131

173 176 113 117

173 176 113 117

179 170 110 118

179 170 110 118

179 170 110 118

163 173 123 118 122

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

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66 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Poultry 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

138 145 149 151 151

138 145 149 151 151

138 145 149 151 151

138 145 149 151 151

138 145 149 151 151

138 145 149 151 151

138 145 149 151 151

138 145 149 151

138 145 149 151

138 145 149 151

138 145 149 151

138 145 149 151

138 145 149 151 151

Year Field crop seeds 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

191 218 287 319 329

191 218 287 319 329

191 218 319 329 356

218 287 319 329 356

218 287 319 329 356

218 287 319 329 356

218 287 319 329 356

218 287 319 329

218 287 319 329

218 287 319 329

218 287 319 329

218 287 319 329

211 270 313 328 348

Year Grass & legume seeds

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

133 142 157 161 139

133 142 157 161 139

133 142 161 139 145

142 157 161 139 145

142 157 161 139 145

142 157 161 139 145

142 157 161 139 145

142 157 161 139

142 157 161 139

142 157 161 139

142 157 161 139

142 157 161 139

140 154 160 143 143

Year Mixed fertilizer

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

173 272 337 230 292

177 288 331 229 305

183 322 298 225 310

189 354 293 233 313

198 362 281 238 310

205 403 272 241 311

210 430 260 245 311

216 440 251 250

221 441 247 256

226 441 241 263

229 416 240 275

249 364 237 284

206 378 274 247 307

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

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Agricultural Prices (July 2011) 67 USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Nitrogen 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

202 283 333 220 284

204 294 276 227 286

226 310 295 229 311

236 322 308 242 319

235 349 291 244 325

236 375 263 241 334

235 411 250 231 343

228 434 219 229

228 447 211 237

238 443 215 255

243 411 215 260

264 396 212 273

231 373 257 241 315

Year Potash & phosphate

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

149 257 369 275 410

164 287 453 287 357

186 311 463 301 361

192 377 456 304 368

193 410 394 310 363

197 511 289 301 383

212 566 274 298 404

211 662 271 295

214 693 261 306

207 710 251 308

214 622 247 326

233 497 272 332

198 492 333 304 378

Year Herbicides

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

122 123 135 133 130

122 123 141 132 130

123 124 144 132 130

123 125 145 133 130

122 126 145 133 129

121 129 140 132 129

121 131 141 133 130

121 132 137 133

120 134 138 133

122 136 138 132

122 138 142 131

122 138 144 130

122 130 141 132 130

Year Insecticides

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

146 153 152 159 166

146 153 157 160 167

148 154 158 161 167

148 156 161 163 167

148 156 163 163 166

147 157 158 164 167

147 158 160 165 167

148 158 157 166

147 158 160 167

149 158 162 166

150 159 168 165

151 157 171 165

148 156 161 164 167

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

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68 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Fungicides & other 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

130 141 156 163 172

131 142 163 164 174

132 143 165 165 174

133 145 167 166 174

133 146 169 167 173

133 149 164 168 174

133 152 166 170 174

134 153 162 170

134 155 164 172

136 157 166 172

137 160 173 171

139 159 175 171

134 150 166 168 173

Year Diesel

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

241 332 215 279 347

242 339 204 275 369

260 391 192 290 403

277 413 206 305 419

274 443 208 307 418

276 465 237 296 406

283 464 240 293 401

284 421 250 299

293 390 251 298

306 344 257 310

338 274 271 320

334 231 268 331

284 376 233 300 395

Year Gasoline

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

182 250 154 237 269

184 249 165 231 278

206 267 169 242 308

228 285 177 249 328

252 311 195 248 337

246 336 226 239 318

239 337 218 238 314

226 315 226 238

228 310 221 236

229 257 222 244

251 183 231 249

247 145 227 260

226 270 203 243 308

Year LP Gas

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

184 286 242 339 282

202 278 226 312 284

211 279 226 263 284

225 297 216 265 295

232 343 228 262 310

230 386 261 231 310

239 419 214 221 310

237 397 234 238

256 393 262 248

279 286 284 268

303 222 302 269

295 199 337 275

241 315 253 266 296

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

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Agricultural Prices (July 2011) 69 USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Supplies 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

140 143 156 153 158

140 144 155 153 158

140 144 154 153 157

140 145 154 154 159

140 145 153 154 162

140 146 152 154 162

140 149 152 155 163

141 152 152 155

140 154 152 156

141 156 152 156

141 156 153 156

141 156 153 156

140 149 153 155 160

Year Repairs

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

152 155 158 160 164

153 155 158 161 165

153 154 158 161 165

153 155 159 161 166

153 156 158 162 166

155 156 158 162 167

154 156 159 163 168

154 156 159 163

155 156 159 163

155 158 159 163

155 158 159 163

156 158 159 163

154 156 159 162 166

Year Autos

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

110 109 109 112 111

110 109 109 111 112

109 109 109 111 112

109 108 109 111 113

109 108 109 110 114

108 108 109 110 115

108 109 110 110 116

108 108 108 110

108 108 108 110

108 108 110 110

109 108 112 111

109 108 112 111

109 108 109 111 113

Year Trucks

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

112 112 107 113 114

112 112 108 113 115

112 111 109 113 116

112 110 109 113 116

111 109 109 113 116

111 109 110 112 116

110 108 110 112 116

110 107 109 112

110 106 109 112

110 106 111 113

111 106 112 113

112 106 113 114

111 108 110 113 116

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

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70 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Tractors 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

165 175 184 188 201

165 175 183 189 202

166 174 185 189 203

166 175 186 190 203

166 175 186 191 203

166 175 186 191 203

166 178 186 194 203

165 178 187 195

165 180 188 197

166 181 188 198

178 181 189 199

174 182 189 200

167 177 186 193 202

Year Self-propelled

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

195 207 218 234 248

195 208 229 234 249

196 209 229 234 250

196 210 229 235 250

197 212 229 236 250

198 213 229 236 250

199 213 230 237 250

200 214 230 238

202 214 230 239

203 216 230 240

204 230 231 247

206 217 231 247

199 214 229 238 250

Year Other machinery 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

189 202 228 240 245

190 203 230 240 248

194 204 231 240 249

195 209 230 240 248

195 221 230 241 252

197 222 229 241 252

198 226 244 243 252

198 230 243 243

199 232 242 243

200 234 242 243

200 235 241 244

201 236 241 244

196 221 236 242 250

Year Custom rates

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

125 144 145 145 148

125 144 145 145 148

125 144 145 145 148

125 144 145 145 148

125 144 145 145 148

125 144 145 145 148

125 144 145 145 148

125 144 145 145

125 144 145 145

125 144 145 145

125 144 145 145

125 144 145 145

125 144 145 145 148

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

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Agricultural Prices (July 2011) 71 USDA, National Agricultural Statistics Service

Prices Paid Index Sub-Components Monthly and Annual Average – United States: 2007-2011 (continued) [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank cells indicate estimation period has not begun]

Year

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

Other services 1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

147 143 158 161 167

149 143 158 161 167

147 144 158 162 168

146 144 157 162 168

147 145 157 162 168

149 147 159 164 170

150 148 158 164 171

149 149 157 164

149 148 158 164

149 148 157 163

149 147 157 163

149 147 157 163

149 146 158 163 168

Year Cash Rent

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

178 205 236 243 258

178 205 236 243 258

178 205 236 243 258

178 205 236 243 258

178 205 236 243 258

178 205 236 243 258

178 205 236 243 258

178 205 236 243

178 205 236 243

178 205 236 243

178 205 236 243

178 205 236 243

178 205 236 243 258

Year Share Rent

1990-1992 = 100

2007 ... 2008 ... 2009 ... 2010 ... 2011 ...

112 118 124 130 138

112 118 124 130 138

112 118 124 130 138

112 118 124 130 138

112 118 124 130 138

112 118 124 130 138

112 118 124 130 138

112 118 124 130

112 118 124 130

112 118 124 130

112 118 124 130

112 118 124 130

112 118 124 130 138

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

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72 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service

Reliability of Prices Paid Estimates

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

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

producer expenditures for the item.

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

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

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

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

input items purchased. The survey reference period for most items is the five business days centered around 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 nonprobability 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 State 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 nonsampling 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 nonsampling errors.

Program change: Effective January 1, 1995, the National Agricultural Statistics Service updated the weights and

changed the construction of its prices paid and received by farmers indexes. A Federal Register Notice dated

October 28, 1994 discussed these program modifications.

A 1990-1992 reference and base period replaced the 1977 reference and 1971-1973 base weight period. Five-year moving

average weights replaced the current fixed 1971-1973 base period weights. The 1910-1914=100 price indexes, required by

statute for computing parity prices, were linked forward based on the changes in the new 1990-1992=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 (adjusted for seasonal marketing patterns for the prices received indexes).

Page 73: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

Agricultural Prices (July 2011) 73 USDA, National Agricultural Statistics Service

Information Contacts

Direct general questions to Kevin Barnes, Chief, Environmental, Economics and Demographics Branch at

(202) 720-6146. Below are the commodity specialists to contact for additional information.

Crop Prices Received

Lance Honig, Chief, Crops Branch ................................................................................................................. (202) 720-2127

Jacqueline Moore, Head, Field Crops Section ................................................................................................. (202) 720-2127

Suzanne Avilla – Peanuts, Rice ..................................................................................................................... (202) 720-7688

Bryan Durham – Oats, Rye, Wheat ................................................................................................................ (202) 720-8068

Steve Maliszewski – Cotton, Cotton Ginnings, Sorghum .............................................................................. (202) 720-5944

Anthony Prillaman – Corn, Proso Millet, Flaxseed ....................................................................................... (202) 720-9526

Julie Schmidt – Crop Weather, Barley, Hay .................................................................................................. (202) 720-7621

Travis Thorson – Soybeans, Sunflower, Other Oilseeds ............................................................................... (202) 720-7369

Jorge Garcia-Pratts, Head, Fruits, Vegetables and Special Crops Section....................................................... (202) 720-2127

Debbie Flippin – Fresh and Processing Vegetables, Onions, Strawberries ................................................... (202) 720-2157

Fred Granja – Apples, Apricots, Cherries, Plums, Prunes, Tobacco ............................................................ (202) 720-4288

Erika White – Floriculture, Maple Syrup, Nursery, Tree Nuts ..................................................................... (202) 720-4215

Chris Hawthorn – Citrus, Coffee, Sugar Crops, Grapes, Tropical Fruits ...................................................... (202) 720-5412

Daphne Schauber – Berries, Cranberries, Potatoes, Sweet Potatoes ............................................................ (202) 720-4285

Dan Norris – Austrian Winter Peas, Dry Edible Peas, Lentils, Mints,

Mushrooms, Peaches, Pears, Wrinkled Seed Peas, Dry Beans ................................................................... (202) 720-3250

Kim Ritchie – Hops ....................................................................................................................................... (360) 709-2400

Livestock Prices Received

Dan Kerestes, Chief, Livestock Branch ........................................................................................................... (202) 720-3570

Scott Hollis, Head, Livestock Section ............................................................................................................. (202) 720-3570

Jason Hardegree - Cattle ................................................................................................................................ (202) 720-3040

Mike Miller - Milk, Milk Cows ..................................................................................................................... (202) 720-3278

Everett Olbert - Sheep, Lambs, Goats, Wool, Mohair ................................................................................... (202) 720-4751

Doug Bounds - Hogs ..................................................................................................................................... (202) 720-3106

Bruce Boess, Head, Poultry and Specialty Commodities Section ................................................................... (202) 720-3570

Cody Brokmeyer - Turkeys ........................................................................................................................... (202) 690-3237

Kim Linonis - Eggs ........................................................................................................................................ (202) 690-8632

Troy Marshall - Broilers, Honey .................................................................................................................... (202) 720-3244

Indexes, Prices Paid, and Parity Prices

Kevin Barnes, Chief, Environmental, Economics and

Demographics Branch ................................................................................................................................... (202) 720-6146

Kevin Hintzman, Head, Economics Section .................................................................................................... (202) 720-6146

Daryl Brinkman - Prices Received Indexes, Parity Prices ............................................................................. (202) 720-8844

Joe Samson - Grazing Fees ............................................................................................................................ (202) 720-5446

Jennifer Sissom - Prices Paid Indexes, Prices Paid for Feed, Fertilizer,

Agricultural Chemicals, Seeds, Farm Supplies and Repairs,

Farm Machinery, Fuels, Feeder Livestock, Poultry Chicks,

Feed Price Ratios, Autos & Trucks ......................................................................................................... (202) 690-3229

Page 74: Agricultural Prices 07/29/2011 - Cornell University · 2011. 7. 29. · 4 Agricultural Prices (July 2011) USDA, National Agricultural Statistics Service Prices Received by Farmers

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: http://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 http://www.nass.usda.gov and in the “Receive NASS Updates” box under “Receive reports by

Email,” click on “National” or “State” to select the reports you would like to receive.

Printed reports may be purchased from the National Technical Information Service (NTIS) by calling toll-free

(800) 999-6779, or (703) 605-6220 if calling from outside the United States or Canada. Accepted methods of

payment are Visa, MasterCard, check, or money order.

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 United States Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the

basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental

status, religion, sexual orientation, political beliefs, genetic information, reprisal, or because all or a part of an individual's

income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with

disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.)

should contact USDA's TARGET Center at (202) 720-2600 (voice and TDD).

To file a complaint of discrimination, write to USDA, Assistant Secretary for Civil Rights, Office of the Assistant

Secretary for Civil Rights, 1400 Independence Avenue, S.W., Stop 9410, Washington, DC 20250-9410, or call toll-free at

(866) 632-9992 (English) or (800) 877-8339 (TDD) or (866) 377-8642 (English Federal-relay) or (800) 845-6136

(Spanish Federal-relay). USDA is an equal opportunity provider and employer.