agricultural prices 03/31/2020...service (ams) and reflect fob shipping point basis. previously...

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Agricultural Prices ISSN: 1937-4216 Released March 31, 2020, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Special Note Beginning with the February 2020 estimates, all monthly price estimates for the non-citrus fruits and vegetables in the Agricultural Prices report are derived exclusively from data provided by USDA’s Agricultural Marketing Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS. February Prices Received Index Up 1.8 Percent The February Prices Received Index 2011 Base (Agricultural Production), at 90.4, increased 1.8 percent from January and 0.1 percent from February 2019. At 85.9, the Crop Production Index was up 4.4 percent from last month and 0.9 percent from the previous year. The Livestock Production Index, at 94.8, decreased 3.7 percent from January and 0.4 percent from February last year. Producers received higher prices during February for market eggs, oranges, turkeys, and cotton but lower prices for lettuce, broilers, soybeans, and milk. In addition to prices, the indexes are influenced by the volume change of commodities producers market. In February, there was increased monthly movement for cattle, milk, broilers, and greenhouse & nursery and decreased marketing of corn, soybeans, tobacco, and wheat. February Prices Paid Index Down 0.3 Percent The February Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 110.0, is down 0.3 percent from January 2020 and 0.5 percent from February 2019. Lower prices in February for feeder cattle, feeder pigs, diesel, and supplements more than offset higher prices for nitrogen, hay and forages, repairs, and trucks. Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base United States: February 2020 with Comparisons Index Group February 2019 January 2020 February 2020 (percent) (percent) (percent) Prices received by farmers ......................................................................... Prices paid by farmers ................................................................................ Ratio of prices received to prices paid ........................................................ 90.3 110.6 81 88.8 110.3 81 90.4 110.0 82

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Page 1: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices

ISSN: 1937-4216

Released March 31, 2020, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of

Agriculture (USDA).

Special Note

Beginning with the February 2020 estimates, all monthly price estimates for the non-citrus fruits and vegetables

in the Agricultural Prices report are derived exclusively from data provided by USDA’s Agricultural Marketing

Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination

of survey data and information from AMS.

February Prices Received Index Up 1.8 Percent

The February Prices Received Index 2011 Base (Agricultural Production), at 90.4, increased 1.8 percent from January and

0.1 percent from February 2019. At 85.9, the Crop Production Index was up 4.4 percent from last month and 0.9 percent

from the previous year. The Livestock Production Index, at 94.8, decreased 3.7 percent from January and 0.4 percent from

February last year. Producers received higher prices during February for market eggs, oranges, turkeys, and cotton but

lower prices for lettuce, broilers, soybeans, and milk. In addition to prices, the indexes are influenced by the volume

change of commodities producers market. In February, there was increased monthly movement for cattle, milk, broilers,

and greenhouse & nursery and decreased marketing of corn, soybeans, tobacco, and wheat.

February Prices Paid Index Down 0.3 Percent

The February Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 110.0,

is down 0.3 percent from January 2020 and 0.5 percent from February 2019. Lower prices in February for feeder cattle,

feeder pigs, diesel, and supplements more than offset higher prices for nitrogen, hay and forages, repairs, and trucks.

Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base – United States: February 2020 with Comparisons

Index Group February

2019 January

2020 February

2020

(percent) (percent) (percent)

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

90.3

110.6

81

88.8

110.3

81

90.4

110.0

82

Page 2: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

2 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Contents Prices Received by Farmers .................................................................................................................................................... 3 Prices Received Indexes, 2011 Base – United States: February 2020 with Comparisons ...................................................... 4 Prices Received Indexes, 1910-1914 Base – United States: February 2020 with Comparisons ............................................. 4 Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 .................................. 4 Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 .......................................... 5 Prices Received for Field Crops and Fruits – United States: February 2020 with Comparisons ............................................ 6 Prices Received for Vegetables and Livestock – United States: February 2020 with Comparisons ...................................... 7 Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2020 with Comparisons ............................ 8 Prices Received for Beef Cattle and All Hogs by Month – United States: 2020 with Comparisons ...................................... 8 Prices Received for All Wheat – States and United States: February 2020 with Comparisons .............................................. 9 Prices Received for Winter Wheat – States and United States: February 2020 with Comparisons ........................................ 9 Prices Received for Durum Wheat – States and United States: February 2020 with Comparisons ...................................... 10 Prices Received for Spring Wheat – States and United States: February 2020 with Comparisons ...................................... 10 Prices Received for Oats – States and United States: February 2020 with Comparisons ..................................................... 10 Prices Received for All Barley – States and United States: February 2020 with Comparisons ............................................ 11 Prices Received for Malting Barley – States and United States: February 2020 with Comparisons .................................... 11 Prices Received for Feed Barley – States and United States: February 2020 with Comparisons ......................................... 11 Prices Received for Sorghum Grain – States and United States: February 2020 with Comparisons .................................... 12 Prices Received for Corn – States and United States: February 2020 with Comparisons .................................................... 12 Prices Received for Soybeans – States and United States: February 2020 with Comparisons ............................................. 13 Prices Received for Dry Beans – States and United States: February 2020 with Comparisons ........................................... 13 Prices Received for Peanuts (in shell) – States and United States: February 2020 with Comparisons ................................. 14 Prices Received for Sunflower – States and United States: February 2020 with Comparisons ............................................ 14 Prices Received for Canola – States and United States: February 2020 with Comparisons ................................................. 14 Prices Received for Flaxseed – States and United States: February 2020 with Comparisons .............................................. 14 Prices Received for Upland Cotton and Cottonseed – States and United States: February 2020 with Comparisons .............................................................................................................................................................. 15 Prices Received and Marketings for Upland Cotton and Rice – United States: February 2020 with Comparisons ............. 15 Prices Received for Hay by Type – States and United States: February 2020 with Comparisons........................................ 16 Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: February 2020 ................................... 16 Prices Received for Citrus Fruits by Utilization – United States: February 2019 ................................................................. 17 Prices Received for Citrus Fruits by Utilization – United States: January 2020 ................................................................... 17 Prices Received for Citrus Fruits by Utilization – United States: February 2020 ................................................................. 17 Prices Received for All Milk – States and United States: February 2020 with Comparisons............................................... 18 Prices Received for Milk Cows – States and United States: January 2020 with Comparisons............................................. 18 Commodity Parity Prices and Price as Percent of Parity Price – United States: February 2020 with Comparisons ............ 19 Commodity Parity Prices – United States: February 2020 with Comparisons...................................................................... 20 Commodity Parity Prices – United States: February 2020 with Comparisons (continued) .................................................. 21 Reliability of Prices Received Estimates............................................................................................................................... 22 Prices Paid by Farmers .......................................................................................................................................................... 23 Prices Paid Indexes and Related Parity Ratios – United States: February 2020 with Comparisons ..................................... 24 Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States: February 2020 with Comparisons ...................................................................................................................................... 25 Feed Price Ratios – United States: February 2020 with Comparisons .................................................................................. 26 Prices Received Used to Calculate Feed Price Ratios – United States: February 2020 with Comparisons .......................... 26 Prices Paid for Feeder Livestock – United States: February 2020 with Comparisons .......................................................... 26 Reliability of Prices Paid Estimates ...................................................................................................................................... 27 Information Contacts ............................................................................................................................................................. 28

Page 3: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices (March 2020) 3 USDA, National Agricultural Statistics Service

February Prices Received by Farmers

Crop production: The February index, at 85.9, is 4.4 percent higher than January and 1 percent higher than

February 2019. The fruit & tree nut index increases more than offset the vegetable & melon, grain & oilseed, and other

crop index decreases.

Grain and oilseed: The February index, at 66.8, is down 0.6 percent from January but up 1.7 percent from

February 2019. Oilseed and feed grain index decreases offset the higher food grain index.

Feed grain: The February index, at 63.1, was unchanged from last month but increased 4.6 percent from a year ago. The

corn price, at $3.78 per bushel, is down 1 cent from last month but up 18 cents from February 2019.

Food grain: At 76.1, the index for February increased slightly from the previous month but decreased 2.6 percent from a

year ago. The February price for all wheat, at $4.88 per bushel, is 1.0 cent higher than January but 45 cents lower than

February 2019. The February price for rice, at $12.60 per cwt, is 50 cents lower than January but 20 cents higher than

February 2019.

Oilseed: At 69.2, the index for February decreased 2.3 percent from January but increased 0.4 percent from

February 2019. The soybean price, at $8.59 per bushel, is 25 cents lower than January but 7 cents higher than February a

year earlier.

Fruit and tree nut: The February index, at 121.5, is up 3.1 percent from January and 6.8 percent from a year earlier.

Price increases during February for oranges more than offset price decreases for grapefruit and lemons.

Vegetable and melon: At 122.4, the index for February decreased 33.8 percent from the previous month but increased

0.3 percent from February 2019. Price declines during February for lettuce and celery more than offset price increases for

potatoes.

Other crop: The February index, at 79.6, is down 0.5 percent from the previous month and 6.4 percent from

February 2019. The all hay price, at $157.00 per ton, is $2.00 higher than January but $13.00 lower than February 2019.

At 60.7 cents per pound, the price for upland cotton is 1.0 cent higher than January but 6.9 cents lower than

February 2019.

Livestock production: The index for February, at 94.8, decreased 3.7 percent from the previous month and decreased

0.4 percent from February a year earlier. Compared with a year ago, prices are lower for broilers, cattle, market eggs, and

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

Meat animal: At 96.5, the February index decreased 2.0 percent from the previous month and 1.1 percent from a year

earlier. At $45.50 per cwt, the February hog price is $2.30 lower than January but $2.10 higher than a year earlier. The

February beef cattle price of $120.00 per cwt is $2.00 lower than the previous month and $3.00 lower than February 2019.

Dairy: The index for February, at 94.0, is down 3.6 percent from the previous month but up 12.4 percent from February a

year ago. The February all milk price of $18.90 per cwt is 70 cents lower than January but $2.10 higher than

February 2019.

Poultry and egg: At 92.0, the February index decreased 6.9 percent from January and 9 percent from February 2019. The

February market egg price, at 64.0 cents per dozen, is 15.3 cents higher than January but 6.0 cents lower than

February 2019. The February broiler price, at 42.0 cents per pound, is 7.0 cents lower than January and 7.0 cents lower

than a year ago. At 64.4 cents per pound, the February turkey price is 1.9 cents higher than the previous month and

11.6 cents higher than February 2019.

Food Commodities: The index, at 94.8, decreased 1.5 percent from the previous month but increased 0.5 percent from

February 2019.

Page 4: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

4 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Prices Received Indexes, 2011 Base – United States: February 2020 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group

2011 Base

February 2019

January 2020

February 2020

(percent) (percent) (percent)

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

90.3 85.1 65.7 60.3 78.1 68.9

113.8 122.0 85.0

95.2 97.6

107.8 65.3 83.6

100.7

94.3

88.8 82.3 67.2 63.1 75.9 70.8

117.8 184.9 80.0

98.4 98.5

107.0 71.9 97.5 98.8

96.2

90.4 85.9 66.8 63.1 76.1 69.2

121.5 122.4 79.6

94.8 96.5

105.2 68.4 94.0 92.0

94.8

Prices Received Indexes, 1910-1914 Base – United States: February 2020 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group

1910 - 1914 Base

February 2019

January 2020

February 2020

(percent) (percent) (percent)

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

932 742

1106

916 718

1142

933 749

1100

Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank data cells indicate estimation period has not yet begun]

Month

2011 Base

Agricultural production

Crop production

Livestock production

Food commodities

2019 2020 2019 2020 2019 2020 2019 2020

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

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

86.5 90.3 93.2 93.7 92.7 93.8 91.4 91.8 88.1 85.9 90.3 90.7

88.8 90.4

78.7 85.1 87.7 85.8 85.0 89.9 89.3 89.8 88.9 83.1 85.1 85.3

82.3 85.9

97.8 95.2 98.0

100.5 99.2 97.4 93.7 93.8 87.4 90.4 97.1 97.2

98.4 94.8

93.0 94.3 97.9 97.7 96.2 96.7 93.5 94.5 90.1 89.2 97.4 96.3

96.2 94.8

Page 5: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices (March 2020) 5 USDA, National Agricultural Statistics Service

Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank data cells indicate estimation period has not yet begun]

Month

2011 Base

All items (PPITW)

Production Crop

sector Livestock

sector

2019 2020 2019 2020 2019 2020 2019 2020

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

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

110.5 110.6 110.7 111.3 110.7 110.2 110.3 109.5 109.1 109.8 110.0 110.1

110.3 110.0

107.4 107.5 107.6 108.4 107.6 106.9 106.8 105.7 105.1 105.9 106.2 106.5

106.4 105.9

111.6 111.8 111.6 111.6 111.5 111.5 111.7 110.9 110.4 110.9 111.0 111.0

110.7 110.6

109.3 109.4 109.8 110.9 109.8 108.8 108.9 107.9 107.7 108.6 109.0 109.2

109.9 109.4

Page 6: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

6 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Prices Received for Field Crops and Fruits – United States: February 2020 with Comparisons [Price data source for non-citrus fruit commodities is United States Department of Agriculture's Agricultural Marketing Service]

Commodity 2011

Base Price February 2019 January 2020 February 2020

Field crops Barley, all ....................................................... dollars/bushel Feed ............................................................ dollars/bushel Malting ......................................................... dollars/bushel Beans, dry edible ................................................ dollars/cwt Canola ................................................................ dollars/cwt Chickpeas, all ..................................................... dollars/cwt Large ................................................................ dollars/cwt Small ................................................................. dollars/cwt Corn ............................................................... dollars/bushel Cotton, Upland ................................................ dollars/pound Cottonseed ..........................................................dollars/ton Flaxseed ........................................................ dollars/bushel Hay, all, baled ......................................................dollars/ton Alfalfa .................................................................dollars/ton Other ..................................................................dollars/ton Lentils ................................................................. dollars/cwt Oats ............................................................... dollars/bushel Peanuts, in-shell ............................................. dollars/pound Peas, dry edible .................................................. dollars/cwt Rice, all ............................................................... dollars/cwt Long .................................................................. dollars/cwt Medium and short ............................................. dollars/cwt Sorghum grain .................................................... dollars/cwt Soybeans ....................................................... dollars/bushel Sunflowers, all ..................................................... dollars/cwt Wheat, all ....................................................... dollars/bushel Winter .......................................................... dollars/bushel Durum .......................................................... dollars/bushel Other spring ................................................. dollars/bushel Hard red winter ............................................ dollars/bushel Soft red winter .............................................. dollars/bushel Hard red spring ............................................ dollars/bushel White ........................................................... dollars/bushel Fruits Citrus, equivalent on-tree Grapefruit .......................................................... dollars/box Lemons ............................................................. dollars/box Oranges ............................................................ dollars/box Non-citrus, fresh 1 Apples .......................................................... dollars/pound Grapes ..............................................................dollars/ton Peaches ............................................................dollars/ton Pears ................................................................dollars/ton Strawberries ...................................................... dollars/cwt

4.79 4.59 4.83

34.60 23.10 35.70 39.20 23.40 6.02

0.880

131.00 14.20

159.00 176.00 119.00 27.50 3.42

0.252

13.60 13.70 12.30 18.40 10.70 12.50 29.00

7.44 6.93 9.22 8.33 7.07 6.77 8.38 6.58

7.47 12.30 8.16

0.325 628.00 507.00 559.00 104.00

4.65 3.23 4.75

26.20 16.20 22.00 20.60 26.80 3.60

0.676

174.00 9.79

170.00 180.00 153.00 15.40 2.84

0.223

10.40 12.40 10.80 18.50 5.82 8.52

18.00

5.33 5.40 4.72 5.30 5.12 5.27 5.28 5.81

14.61 15.76 9.95

0.379 (S) (S)

561.00 126.00

4.68 3.27 4.83

35.20 16.00 18.00 18.70 17.00 3.79

0.597

183.00 8.99

155.00 171.00 134.00 19.40 2.93

0.209

9.77 13.10 12.00 16.30 5.75 8.84

19.30

4.87 4.86 4.69 4.91 4.52 5.55 4.88 5.51

10.23 16.14 9.40

0.313 (S) (S)

733.00 264.00

4.68 3.16 4.78

36.20 15.80 16.70 16.80 15.90 3.78

0.607

210.00 10.40

157.00 171.00 136.00 17.60 2.73

0.205

9.90 12.60 12.50 12.90 5.86 8.59

20.20

4.88 4.98 4.96 4.73 4.63 5.70 4.70 5.65

9.08 14.98 9.65

0.583 (S) (S)

1,200.00 257.00

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

Page 7: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices (March 2020) 7 USDA, National Agricultural Statistics Service

Prices Received for Vegetables and Livestock – United States: February 2020 with Comparisons [Price data source for vegetables, livestock, and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service]

Commodity 2011

Base Price February 2019 January 2020 February 2020

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

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

142.00 115.00 71.60

117.00 1,420.00

66.50 66.80 57.90

20.10 3.71

0.459 0.969 0.796 0.680

(S) 55.90 50.60

(S) 26.30

105.00 70.90 47.90

(S) 37.60 12.30 10.70 45.40

170.00 123.00 58.90

126.00 (NA)

43.40 43.60 36.20

16.80 4.01

0.490 0.923 0.700 0.528

(S) 62.80 99.00

(S) 50.90 97.00 45.90 52.70

(S) 80.50 14.10 14.30

130.00

168.00 122.00 61.40

125.00 1,300.00

47.80 48.60 25.70

19.60 4.03

0.490 0.753 0.487 0.625

(S) 48.40 41.00

(S) 49.70 70.40 33.90 38.20

(S) 20.60 19.30 14.50 84.70

168.00 120.00 65.80

122.00 (NA)

45.50 46.30 26.10

18.90 4.01

0.420 0.893 0.640 0.644

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

0.979

101 20.20

100

0.875

105 17.40

96

0.710

106 20.00

98

0.837

107 19.70

96

(NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Beginning February 2020, price reflects FOB shipping point basis 2 Includes some processing. 3 Beef cows and cull dairy cows sold for slaughter. 4 Animals sold for dairy herd replacement only. Prices available for January, April, July, and October. 5 Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 6 Live weight equivalent price. 7 Mid-month price for February 2019; full month price for January and February 2020 8 Also referred to as table eggs. 9 Live weight equivalent price is used when actual live weight price is not available. Beginning January 2011, price reflects FOB shipping point

basis. Prior year price reflects delivered basis.

Page 8: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

8 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2020 with Comparisons [Blank data cells indicate estimation period has not yet begun]

Month All wheat Corn Soybeans

2018 2019 2020 2018 2019 2020 2018 2019 2020

(dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel) (dollars per

bushel)

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

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

5.28 5.33 5.19 4.93 4.78 4.81 4.52 4.35 4.26 4.45 4.39 4.64

4.87 4.88

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

3.56 3.60 3.61 3.53 3.63 3.98 4.16 3.93 3.80 3.84 3.68 3.71

3.79 3.78

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

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

8.84 8.59

Prices Received for Beef Cattle and All Hogs by Month – United States: 2020 with Comparisons [Price data source for livestock commodities is United States Department of Agriculture's Agricultural Marketing Service. Blank data cells indicate estimation period has not yet begun]

Month Beef cattle 1 All hogs 2

2018 2019 2020 2018 2019 2020

(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 .........

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

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

122.00 120.00

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

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

47.80 45.50

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

Page 9: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices (March 2020) 9 USDA, National Agricultural Statistics Service

Prices Received for All Wheat – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

(S) (D) (S)

4.86 5.38 5.45 5.56 5.09 5.22 5.53

5.28 5.29 4.78 5.19 5.07 5.52 4.45 5.87 5.27 5.62 6.07

5.33

(D) (D) (D)

4.21 5.16 5.69 5.48 4.34 5.58 4.89

5.39 4.90 4.13 5.94 4.67 5.46 4.59 6.00 4.66 5.02 5.63

4.87

(D) (D) (D)

4.34 5.28 (D)

5.32 4.42 5.65 4.38

5.82 4.80 4.40 5.50 4.72 5.69 4.42 6.04 4.85 5.03 5.75

4.88

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

Prices Received for Winter Wheat – States and United States: February 2020 with Comparisons State February 2019 January 2020 February 2020

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

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

(D) (S)

4.86 5.37 5.45 5.56 5.09 5.22

(S) 5.28

5.27 4.78 5.19 (D)

5.52 4.45 5.86 5.28 5.62 6.00

5.40

(D) (D)

4.21 5.14 5.69 5.48 4.34 5.58 (NA) 5.39

4.77 4.13 5.94 (D)

5.46 4.59 6.00 4.48 5.02 5.59

4.86

(D) (D)

4.34 5.24 (D)

5.32 4.42 5.65 (NA) 5.82

4.82 4.40 5.50 3.13 5.69 4.42 6.04 4.78 5.03 5.72

4.98

(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Monthly estimates discontinued in September 2019.

Page 10: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

10 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Prices Received for Durum Wheat – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

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

4.73

4.72

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

4.49

4.69

(D) (S) (D)

4.72 4.78

4.96

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

Prices Received for Spring Wheat – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

(S) 5.38 5.53 5.36 5.10 5.96 5.26 6.28

5.30

(NA) 5.19 4.89 5.05 4.74 (NA) 4.93 5.87

4.91

(NA) 5.35 4.38 4.82 4.72 (NA) 5.00 5.90

4.73

(NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Monthly estimates discontinued in September 2019.

Prices Received for Oats – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

(S) 3.94 3.62 2.57 (D)

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

2.76 (S)

3.02

2.84

(D) 4.17 4.24 2.61 (D)

3.35 (D)

2.88 (D) (D)

2.81 (S)

2.97

2.93

(D) 3.18 (D)

2.64 (S) (D) (D)

2.52 (S)

4.45 2.79

(S) 3.15

2.73

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

Page 11: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices (March 2020) 11 USDA, National Agricultural Statistics Service

Prices Received for All Barley – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

(S) 4.60 5.08 4.46 4.40 4.30 3.47 (D)

4.65

(D) (D)

5.09 4.30 4.54 4.26 5.02 (D)

4.68

(D) 5.06 4.83 (D)

4.21 4.16 (D) (D)

4.68

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

Prices Received for Malting Barley – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

(S) 4.60 5.19 4.46 4.52 4.42 (D) (D)

4.75

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

4.70 4.48 (D) (D)

4.83

(S) 5.08 (D) (D)

4.49 4.25 (D) (D)

4.78

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

Prices Received for Feed Barley – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

(S) (S)

3.26 (S)

3.30 3.17 3.22

(S)

3.23

(S) (S)

3.98 (D)

2.86 3.27 2.92 (D)

3.27

(D) (D)

3.41 (S)

3.01 3.15 3.12 (D)

3.16

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

Page 12: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

12 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Prices Received for Sorghum Grain – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

(S) 5.63

(S) 6.94 5.56 5.91 6.46

5.82

(NA) 5.63 (NA) (NA) 5.63 6.09 6.31

5.75

(NA) 5.59 (NA) (NA) 5.50 5.97 6.67

5.86

(NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Monthly estimates discontinued in September 2019.

Prices Received for Corn – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

3.56 3.58 3.79 3.54 3.64 3.71 3.69 3.41 3.70 3.55

4.50 3.31 3.73 4.20 3.34 3.92 4.72 3.46

3.60

3.89 3.76 4.08 3.78 3.67 4.11 3.93 3.59 3.90 3.70

4.73 3.21 4.15 4.31 3.56 3.76 4.28 3.66

3.79

3.78 3.71 4.04 3.74 3.66 4.16 4.03 3.58 3.93 3.71

4.67 3.17 4.14 4.46 3.52 3.97 4.41 3.66

3.78

Page 13: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices (March 2020) 13 USDA, National Agricultural Statistics Service

Prices Received for Soybeans – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

8.72 8.71 8.91 8.38 8.18 8.92 7.97 8.61 8.38 (D)

8.69 8.19 8.63 7.82 8.85 8.04 8.81 8.48

8.52

8.95 9.00 9.20 8.73 8.55 9.22 9.00 9.03 8.44 9.05

8.93 8.53 8.95 8.05 9.39 8.51 9.13 8.63

8.84

8.75 8.80 9.04 8.56 8.31 9.00 8.52 8.94 7.82 8.69

8.87 8.33 8.94 7.83 9.30 8.26 8.98 8.45

8.59

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

Prices Received for Dry Beans – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

70.40 (D)

24.80 30.00

(D) (D)

19.70

26.20

59.80 (D) (D)

35.10 37.00

(D) 32.70

35.20

(D) (D)

30.30 37.60 36.40

(D) 34.50

36.20

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

Page 14: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

14 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Prices Received for Peanuts (in shell) – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

0.209 0.206 0.198 0.209 0.031 0.537 0.221 0.228 0.214 0.337 0.225

0.223

0.192 (S)

0.172 0.190 0.064

(S) 0.245 0.241 0.213 0.250 0.216

0.209

0.198 0.209 0.198 0.196 0.188

(S) 0.214 0.231 0.212 0.278 0.220

0.205

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

Prices Received for Sunflower – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

(D) (D)

18.50 17.70

18.00

19.40 19.80 19.10 19.30

19.30

(D) 20.40 19.80 21.00

20.20

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

Prices Received for Canola – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

(D) (D)

16.20 (S)

16.20

(D) (D)

16.00 (S)

16.00

(D) 13.60 15.80

(S)

15.80

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

Prices Received for Flaxseed – States and United States: February 2020 with Comparisons

State February 2019 January 2020 February 2020

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

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

9.79

9.79

8.99

8.99

10.40

10.40

Page 15: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices (March 2020) 15 USDA, National Agricultural Statistics Service

Prices Received for Upland Cotton and Cottonseed – States and United States: February 2020 with Comparisons [Cottonseed marketing year August - February]

State

Cotton, Upland Cottonseed

February 2019

January 2020

February 2020

February 2019

January 2020

February 2020

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

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

(D) (D)

0.736 (D)

0.701 (D)

0.755 0.684

(D) 0.656

0.676

0.555 (S)

0.620 (S)

0.629 0.635 0.596 0.639 0.586 0.586

0.597

0.613 (S)

0.626 (S)

0.612 0.613 0.625 0.640 0.601 0.584

0.607

99.00 220.00 140.00

(D) 118.00 180.00 165.00

(D) (S)

157.00

174.00

132.00 270.00

(S) (D)

117.00 180.00

(S) 126.00

(S) 165.00

183.00

157.00 270.00 150.00

(D) 116.00

(S) (S)

130.00 (S)

151.00

210.00

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

Prices Received and Marketings for Upland Cotton and Rice – United States: February 2020 with Comparisons

Item February 2019 January 2020 February 2020

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

0.676 1,402

12.40 12,434

10.80 9,885

21.20

12.40

18.50 2,549

0.597 3,142

13.10 19,803

12.00 14,792

17.60

11.60

16.30 5,011

0.607 931

12.60 20,967

12.50 14,206

18.70

10.90

12.90 6,761

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

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

Page 16: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

16 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Prices Received for Hay by Type – States and United States: February 2020 with Comparisons

State

All hay Alfalfa hay Other hay

February 2019

January 2020

February 2020

February 2019

January 2020

February 2020

February 2019

January 2020

February 2020

(dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton) (dollars per

ton)

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

209.00 209.00 240.00 165.00 166.00 138.00 157.00 162.00 159.00 173.00

127.00 148.00 113.00 180.00 247.00 168.00 87.00

143.00 123.00 181.00

188.00 114.00 143.00 185.00 186.00 196.00 170.00

170.00

195.00 191.00 225.00 153.00 165.00 121.00 128.00 143.00 173.00 145.00

118.00 141.00 98.00

180.00 215.00 174.00 86.00

186.00 96.00

193.00

191.00 105.00 135.00 185.00 183.00 183.00 173.00

155.00

200.00 189.00 230.00 153.00 162.00 115.00 127.00 147.00 168.00 138.00

116.00 141.00 102.00 185.00 215.00 174.00 82.00

187.00 100.00 189.00

183.00 101.00 141.00 175.00 184.00 176.00 170.00

157.00

210.00 220.00 240.00 165.00 175.00 141.00 174.00 220.00 170.00 179.00

155.00 150.00 120.00 180.00 260.00 200.00 90.00

180.00 190.00 185.00

199.00 117.00 197.00 185.00 180.00 201.00 175.00

180.00

195.00 205.00 225.00 155.00 180.00 130.00 141.00 205.00 190.00 163.00

150.00 140.00 103.00 180.00 220.00 200.00 91.00

220.00 153.00 200.00

228.00 112.00 197.00 185.00 195.00 191.00 180.00

171.00

200.00 200.00 230.00 155.00 175.00 119.00 138.00 205.00 185.00 156.00

150.00 140.00 110.00 185.00 220.00 200.00 85.00

220.00 160.00 200.00

229.00 106.00 184.00 175.00 195.00 184.00 180.00

171.00

200.00 175.00 240.00 160.00 135.00 127.00 102.00 150.00 140.00 152.00

120.00 135.00 96.00

175.00 165.00 167.00 68.00

125.00 110.00 175.00

185.00 105.00 127.00 140.00 200.00 179.00 145.00

153.00

200.00 155.00 225.00 140.00 125.00 106.00 99.00

125.00 140.00 113.00

110.00 145.00 86.00

175.00 190.00 165.00 62.00

160.00 89.00

180.00

180.00 94.00

128.00 140.00 160.00 144.00 150.00

134.00

200.00 150.00 230.00 140.00 120.00 101.00 103.00 130.00 135.00 101.00

110.00 145.00 82.00

170.00 190.00 165.00 68.00

160.00 88.00

175.00

171.00 88.00

133.00 140.00 160.00 145.00 140.00

136.00

Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: February 2020 State February 2019 January 2020 February 2020

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

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

240.00 180.00 175.00 232.00 256.00 310.00 257.00 248.00

225.00

225.00 175.00 210.00 253.00 246.00 289.00 222.00 267.00

210.00

220.00 170.00 200.00 256.00 256.00 305.00 225.00 264.00

210.00

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

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

Page 17: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices (March 2020) 17 USDA, National Agricultural Statistics Service

Prices Received for Citrus Fruits by Utilization – United States: February 2019

Commodity FOB

packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

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

33.50

41.10

27.70

17.81

21.91

12.99

23.62

30.90

17.52

14.44

(D)

10.13

14.61

15.76

9.95

20.90

24.25

14.66

10.95

(D)

6.97

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

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

Commodity FOB

packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

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

31.20

42.80

27.80

12.46

22.42

12.48

20.43

32.35

17.34

5.20

(D)

10.76

10.23

16.14

9.40

18.35

25.57

14.51

2.84

(D)

7.59

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

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

Commodity FOB

packed fresh

Equivalent returns

Packinghouse door On-tree

All Fresh Process All Fresh Process

(dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box) (dollars per

box)

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

30.30

40.20

27.30

11.63

21.32

12.69

19.64

29.81

16.90

7.17

(D)

9.85

9.08

14.98

9.65

17.37

23.03

14.01

4.47

(D)

6.71

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

Page 18: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

18 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Prices Received for All Milk – States and United States: February 2020 with Comparisons [Before deduction for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies]

State February 2019 January 2020 February 2020

Price Fat test Price Fat test Price Fat test

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

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

16.50 16.50 17.20 20.50 18.50 16.10 16.70 16.80 16.80 15.90

15.80 16.70 15.00 17.70 17.40 18.80 17.90 17.60 17.00 16.30

18.10 18.60 17.60 16.30

16.80

3.78 4.03 3.87 3.63 3.64 4.07 4.02 3.97 4.06 4.01

3.87 4.15 3.80 3.98 3.97 4.23 3.95 4.38 4.25 4.00

4.05 3.85 4.23 3.98

4.01

18.80 19.40 20.00 23.80 21.60 18.60 19.70 19.50 20.50 18.60

18.40 20.30 18.00 19.80 20.10 21.50 20.20 20.70 19.90 19.20

20.30 21.30 19.80 19.40

19.60

3.88 3.97 3.92 3.69 3.80 4.16 4.02 3.99 4.11 4.10

3.90 4.21 3.94 3.99 4.03 4.24 3.99 4.38 4.32 4.11

3.99 3.94 4.24 3.96

4.03

17.90 18.60 19.20 22.10 20.60 17.90 19.10 18.70 19.90 17.70

17.70 19.80 17.00 19.10 19.40 20.90 19.40 20.30 19.40 18.60

19.60 19.90 18.90 19.10

18.90

3.80 3.93 3.91 3.67 3.80 4.09 4.01 3.99 4.11 4.06

3.89 4.17 3.91 3.98 4.01 4.14 3.98 4.35 4.31 4.07

3.99 3.92 4.14 3.97

4.01

Prices Received for Milk Cows – States and United States: January 2020 with Comparisons [Animals sold for dairy herd replacement only. Quarterly United States milk cow prices are based on revised milk cow inventory]

State January 2019 October 2019 January 2020

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

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

1,250 1,100 1,200 1,200 1,150 1,250 1,120 1,050 1,080 1,300

1,180 1,050 1,250 1,040 1,000 1,350 1,050 1,120 1,300 1,100

1,100

970 1,200 1,120

1,140

1,450 1,400 1,300 1,280 1,300 1,350 1,200 1,250 1,280 1,300

1,320 1,160 1,400 1,260 1,120 1,350 1,190 1,250 1,350 1,250

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

1,310

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

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

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

1,300

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Agricultural Prices (March 2020) 19 USDA, National Agricultural Statistics Service

Commodity Parity Prices and Price as Percent of Parity Price – United States: February 2020 with Comparisons [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February Agricultural Prices for details on adjusted base price and parity price computations. Parity data not available for blank cells. Primary source of data for livestock and milk prices is United States Department of Agriculture's Agricultural Marketing Service]

Commodity and unit Adjusted

base price

Parity price Price as percent

of parity

February 2019

January 2020

February 2020

February 2019

January 2020

February 2020

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

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

0.558 1.29

0.433

0.070 0.140 0.023 2.40 3.12 2.39

1.80 0.191

0.149 0.457

0.036 0.495 1.87

19.50 3.11 1.09

0.290 1.07

0.736 1.06 2.07

0.837 1.87

1.010

11.90 0.052 17.30 0.101 5.72

0.066

17.00 39.90 13.10

2.05 4.04

0.684 72.00 97.00 76.10

52.30 5.53

4.16 12.70

1.040 15.00 55.90

601.00 95.20 32.40 8.57

33.00 22.10 32.40 62.50

21.90 55.60 27.10

348.00 1.55

506.00 3.03

169.00 1.960

16.70 38.50 12.90

2.09 4.18

0.686 71.60 93.10 71.30

53.70 5.70

4.45 13.60

1.070 14.80 55.80

582.00 92.80 32.50 8.65

31.90 22.00 31.60 61.80

25.00 55.80 30.10

355.00 1.55

516.00 3.01

171.00 1.970

16.60 38.40 12.90

2.08 4.17

0.684 71.40 92.90 71.10

53.60 5.68

4.43 13.60

1.070 14.70 55.70

580.00 92.60 32.40 8.63

31.80 21.90 31.50 61.60

24.90 55.70 30.10

354.00 1.55

515.00 3.01

170.00 1.960

31 31 27

33 28 33 37 21 20

33 39

42 41

36 31 29 29 28 30 33 32 26 26 29

67 28 37

35 32 34 29 26 27

29 34 29

29 28 30 24 20 27

37 38

42 47

29 32 29 31 38 28 34 45 26 28 31

41 29 31

34 32 33 24 28 32

29 33 29

29 28 30 22 18 25

37 38

43 47

54 32 28 36 39 32 32 46 27 27 33

36 27 32

34 27 33 28 27 33

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

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

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20 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Commodity Parity Prices – United States: February 2020 with Comparisons [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February Agricultural Prices for details on adjusted base price and parity price computations]

Commodity and unit Adjusted

base price

Parity price

February 2019

January 2020

February 2020

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

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

0.422 3.15 2.64

0.628 2.19 1.75 2.01

0.187 0.257 0.184 0.173 0.229 0.201

20.30

128.00 313.00 198.00

210.00 0.030 3.55

184.00

147.00 75.90

105.00 78.50

111.00

12.10 98.10 80.60 18.60 66.60 51.50 61.60

5.50 7.55 5.38 5.09 6.78 5.83

601.00

3,600.00 9,310.00 5,950.00

6,390.00

0.952 115.00

4,730.00

4,370.00 2,140.00 3,120.00 2,170.00 3,150.00

12.60 94.00 78.80 18.70 65.30 52.20 60.00

5.58 7.67 5.49 5.16 6.83 6.00

606.00

3,820.00 9,340.00 5,910.00

6,270.00

0.895 106.00

5,490.00

4,390.00 2,260.00 3,130.00 2,340.00 3,310.00

12.60 93.70 78.60 18.70 65.20 52.10 59.80

5.57 7.65 5.48 5.15 6.82 5.98

604.00

3,810.00 9,310.00 5,890.00

6,250.00

0.893 106.00

5,480.00

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

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

Page 21: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices (March 2020) 21 USDA, National Agricultural Statistics Service

Commodity Parity Prices – United States: February 2020 with Comparisons (continued) [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February Agricultural Prices for details on adjusted base price and parity price computations]

Commodity and unit Adjusted

base price

Parity price

February 2019

January 2020

February 2020

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

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

0.045

103.00 43.30

39.20

63.90

74.50

178.00

9.82 3.74

4.91 3.50

0.253 237.00 0.244

236.00

2.82 4.66 2.05 2.04 2.52 1.41 4.01

1.25

2,890.00 1,290.00

1,130.00

1,890.00

2,040.00 5,090.00

286.00 108.00

152.00 104.00

7.20 7,020.00

7.08 7,050.00

83.00 137.00 58.90 60.10 72.30 41.90

120.00

1.34

3,070.00 1,290.00

1,170.00

1,910.00

2,220.00 5,310.00

293.00 112.00

147.00 104.00

7.55 7,070.00

7.28 7,040.00

84.10 139.00

61.20 60.90 75.20 42.10

120.00

1.34

3,070.00 1,290.00

1,170.00

1,900.00

2,220.00 5,300.00

292.00 111.00

146.00 104.00

7.53 7,050.00

7.26 7,020.00

83.90 139.00 61.00 60.70 75.00 42.00

119.00

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

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

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

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22 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Reliability of Prices Received Estimates

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

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

receipts for the commodity.

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

1,900 mills and elevators. These procedures ensure that virtually all grain moving into commercial channels has a chance

of being included in the survey. Generally, States surveyed account for 90 percent or more of total United States

production. Livestock prices are obtained from packers, stockyards, auctions, dealers, and market check data from

AMS-USDA, private marketing organizations, and state commodity groups and agencies. Inter-farm sales of grain and

livestock are not included since they represent very small percentages of the total sales. Grain marketed for seed is also

excluded. Fruit and vegetable prices are obtained from sample surveys and market check data from AMS-USDA, private

marketing organizations, state agencies, and universities.

Summary and estimation procedures: Survey quantities sold are expanded by strata to state levels and used to weight

average strata prices to a state average. State prices are then weighted to a United States price based on expanded sales.

Recommendations are prepared by the Regional Field Offices and reviewed by the Agricultural Statistics Board in

Washington, D.C. State recommendations are reviewed for reasonableness with survey data, other States, and recent

historic estimates.

Revisions: In general, revisions are made during annual commodity market year estimation time, following five-year

Census revisions, or when later information is received. Revisions are published in monthly issues of Agricultural Prices.

Reliability: United States price estimates based on probability surveys generally have a sampling error of less than one

percent for the major commodities such as corn, wheat, soybeans, cotton, and rice. Current methods of summarization for

non-probability commodities are not designed directly to calculate sampling errors. However, analytical measures

approximate the United States relative sampling errors at around five percent. Any non-sampling errors are attributed to

such things as the inability to obtain correct information, differences in interpreting questions or definitions, mistakes in

coding or processing the data, etc. Efforts are made at each step in the survey process to minimize these non-sampling

errors.

Program Changes: After the Council on Food, Agricultural and Resource Economics (C-FARE) 2009 program review which

included changes in farm production practices, plans were implemented to make necessary program improvements in the

agricultural price program. The index group structure for prices received was modified to maintain a more universal structure

and consistency with the required 1910-1914 series.

Modifications implemented January 2014 include the following: updated the current 1990-1992 base reference period to

2011; linked the 1910-1914 series to the updated base reference period, 2011; created index groups used universally by

researchers, data users, and policymakers; and re-classified agricultural commodities into the index groups. Also the

modifications expanded the commodity coverage for vegetable, melon, non-citrus, and tree nuts; updated monthly market

weights; and adjusted (normalized) current five year moving average cash receipts and farm input cost weights.

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

annual index.

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

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

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

Page 23: Agricultural Prices 03/31/2020...Service (AMS) and reflect FOB shipping point basis. Previously these estimates were based on a combination of survey data and information from AMS

Agricultural Prices (March 2020) 23 USDA, National Agricultural Statistics Service

February Prices Paid by Farmers

The February Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 110.0,

is down 0.3 percent from January 2020 and down 0.5 percent from February 2019.

Production: The February index, at 105.9, is down 0.5 percent from January and 1.5 percent from last year. Lower prices

for feeder cattle, feeder pigs, diesel, and supplements more than offset higher prices for nitrogen, hay and forages, repairs,

and trucks.

Feed: At 102.1, the February index decreased 0.4 percent from January but unchanged from last February. Since

January, lower prices for supplements, complete feeds, concentrates, and feed grains more than offset higher

prices for hay and forages.

Livestock and poultry: The February index, at 104.8, decreased 2.3 percent from January and 0.6 percent from

last year. Since January, prices are lower for feeder cattle and feeder pigs. The February feeder cattle price, at

$145.00 per cwt, is down $3.00 per cwt from the January. Feeder pigs February price, at $145.00 per cwt, is down

$15.00 per cwt from the previous month.

Fertilizer: The index for February, at 60.6, is up 0.7 percent from January but down 14 percent from a year ago.

Since January, higher prices for nitrogen more than offset lower prices for mixed fertilizer and potash and

phosphate.

Chemicals: The February index, at 96.5, is unchanged from January but down 6.2 percent from last February.

Fuels: At 63.6, the February index is down 4.6 percent from January and 7.0 percent from February 2019.

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

Machinery: The index for February, at 128.5, decreased 0.3 percent from January but increased 2.8 percent from

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

Consumer Price Index: The February 2020 Consumer Price Index for All Urban Consumers (CPI-U), as issued by the

Bureau of Labor Statistics, increased 2.3 percent over the last 12 months to an index level of 258.678 (1982-1984=100).

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

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24 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Prices Paid Indexes and Related Parity Ratios – United States: February 2020 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]

Index Group and

Ratios

1910-1914 Base 2011 Base

February 2019

January 2020

February 2020

February 2019

January 2020

February 2020

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

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

2994 2238 1125 2081 3885 850 924

1913 1347

3263 7636 2749 2475 (NA) (NA)

4205 7000 9574 2401

3112

2986 2215 1130 2118 3800 725 866

1866 1360

3264 7880 2755 2480 (NA) (NA)

4307 7095 9612 2451

3091

2976 2204 1125 2069 3800 730 866

1778 1362

3275 7851 2761 2478 (NA) (NA)

4307 7095 9612 2457

3078

110.6 107.5 102.1 105.4 118.2 70.6

102.9 68.4

114.2

106.2 125.0 118.2 (NA)

116.6 116.5

115.3 117.9 133.7 112.4

110.3

110.3 106.4 102.5 107.3 115.6 60.2 96.5 66.7

115.3

106.2 128.9 118.4 (NA)

116.2 117.8

118.1 119.5 134.2 114.7

109.6

110.0 105.9 102.1 104.8 115.6 60.6 96.5 63.6

115.5

106.6 128.5 118.7 (NA)

116.0 117.8

118.1 119.5 134.2 115.0

109.2

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

(NA) 31 33

1684

(NA) 31 32

1704

(NA) 31 32

1703

81 (NA) (NA)

(NA)

81 (NA) (NA)

(NA)

82 (NA) (NA)

(NA)

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

111.8 109.4

110.7 109.9

110.6 109.4

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

(NA) (NA)

(NA) (NA)

(NA) (NA)

106.4 108.2

106.6 106.3

105.5 106.1

(NA) Not available. 1 Interest per acre on farm real estate debt and interest rate on farm non-real estate debt. 2 Farm real estate taxes payable per acre. 3 Bureau of Labor Statistics, Consumer Price Index for all urban consumers (CPI-U), converted by the USDA. 4 Ratio of index of prices received to PPITW (1910-1914=100). 5 Based on estimated cash receipts, from marketings and government payments, the preliminary adjustment factor is updated annually. 6 PPITW is adjusted based on productivity trend for the prior 15 years.

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Agricultural Prices (March 2020) 25 USDA, National Agricultural Statistics Service

Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States: February 2020 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Relative weights are a five year moving average]

Index Group

Relative weights Indexes (2011=100)

2019 2020 February

2019 January

2020 February

2020

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

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

73.2

12.8 1.8 6.3 1.6 2.0 1.1 8.8 6.8 0.7 0.7 0.5

5.4 4.9 0.5 5.0 2.2 2.1 0.7 3.6 2.2 0.8 0.5

2.8 1.8 0.6 0.5 4.6 1.5 3.1 1.3 0.2 1.1

5.3 1.2 2.1 2.0 4.1

11.7 1.2

10.5 7.8 4.2 3.6

2.6 3.2 7.2

13.9

72.9

13.3 1.9 6.5 1.7 2.1 1.1 9.2 7.2 0.7 0.7 0.6

5.1 4.6 0.5 5.1 2.2 2.1 0.7 3.5 2.2 0.8 0.5

3.2 2.0 0.7 0.5 4.6 1.5 3.0 1.2 0.2 1.1

4.7 1.0 1.9 1.8 4.0

11.9 1.2

10.7 7.1 3.8 3.3

2.6 3.1 7.4

14.0

107.5

102.1 60.7

106.0 112.4 113.1 114.3 105.4 105.8 121.4 80.3

113.1

118.2 116.9 131.0 70.6 71.4 71.6 64.9

102.9 103.5 103.1 100.0

68.4 68.3 64.6 73.5

114.2 114.8 113.9 106.2 100.6 107.0

125.0 109.9 130.7 127.7 118.2 116.6 118.4 116.4 116.5 123.3 108.6

115.3 117.9 133.7 112.4

106.4

102.5 63.3

109.0 103.1 111.8 113.7 107.3 107.8 114.3 91.5

113.1

115.6 114.0 131.8 60.2 65.9 58.4 47.6 96.5 97.0 96.5 93.9

66.7 70.1 71.9 47.6

115.3 116.4 114.7 106.2 100.8 107.0

128.9 109.3 139.4 129.3 118.4 116.2 118.4 116.0 117.8 124.7 109.7

118.1 119.5 134.2 114.7

105.9

102.1 63.1

108.6 103.7 111.4 110.7 104.8 105.6 103.6 91.5

113.1

115.6 114.0 131.8 60.6 65.2 60.2 47.5 96.5 97.0 96.5 93.9

63.6 66.9 69.1 44.2

115.5 116.4 115.0 106.6 101.4 107.3

128.5 109.3 138.3 129.2 118.7 116.0 118.4 115.8 117.8 124.7 109.7

118.1 119.5 134.2 115.0

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26 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Feed Price Ratios – United States: February 2020 with Comparisons

Feed price ratio 1 February 2019 January 2020 February 2020

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

5.1

8.4

12.1

2.07

35.0

5.8

4.8

5.6

12.6

2.41

33.0

6.7

4.2

7.4

12.0

2.34

32.3

7.0

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

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

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

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

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

Prices Received Used to Calculate Feed Price Ratios – United States: February 2020 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agriculture Marketing Service]

Item February 2019 January 2020 February 2020

(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

0.490 0.700

43.40 16.80

126.00 0.528

3.60

180.00

8.52 5.33

0.490 0.487

47.80 19.60

125.00 0.625

3.79

171.00

8.84 4.87

0.420 0.640

45.50 18.90

122.00 0.644

3.78

171.00

8.59 4.88

Prices Paid for Feeder Livestock – United States: February 2020 with Comparisons [Price data source is United States Department of Agriculture's Agriculture Marketing Service]

Item February 2019 January 2020 February 2020

(dollars) (dollars) (dollars)

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

145.00 170.00

148.00 160.00

145.00 145.00

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Agricultural Prices (March 2020) 27 USDA, National Agricultural Statistics Service

Reliability of Prices Paid Estimates

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

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

producer expenditures for the item.

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

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

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

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

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

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

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

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

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

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

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

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

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

(BLS) indexes.

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

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

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

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

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

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

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

survey process to minimize these non-sampling errors.

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

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

annual average index was replaced by an annual index.

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

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

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

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

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

annual index.

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

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

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

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

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28 Agricultural Prices (March 2020) USDA, National Agricultural Statistics Service

Information Contacts General Jody McDaniel, Chief, Environmental, Economics, and Demographics Branch............................................. (202) 720-6146 Crop Prices Received Lance Honig, Chief, Crops Branch ................................................................................................................. (202) 720-2127 Chris Hawthorn, Head, Field Crops Section .................................................................................................... (202) 720-2127 Chris Hawthorn – Corn, Flaxseed, Proso Millet ............................................................................................ (202) 720-2127 James Johanson – County Estimates, Hay ..................................................................................................... (202) 690-8533 Jeff Lemmons – Oats, Soybeans .................................................................................................................... (202) 690-3234 Chris Hawthorn – Peanuts, Rice .................................................................................................................... (202) 720-2127 Irwin Anolik – Crop Weather ......................................................................................................................... (202) 720-7621 Jean Porter – Rye, Wheat ............................................................................................................................... (202) 720-8068 Chris Singh – Cotton, Cotton Ginnings, Sorghum ......................................................................................... (202) 720-5944 Travis Thorson – Canola, Mustard Seed, Rapeseed, Safflower, Sunflower, Barley ...................................... (202) 720-7369 Jorge Garcia-Pratts, Head, Fruits, Vegetables, and Special Crops Section ...................................................... (202) 720-2127 Joshua Bates – Almonds, Apples, Apricots, Asparagus, Carrots, Coffee, Onions, Plums, Prunes, Sweet Corn, Tobacco ...................................................................................................................... (202) 720-4288 Fleming Gibson – Cauliflower, Celery, Grapefruit, Lemons, Macadamia,

Mandarins and tangerines, Mushrooms, Olives, Oranges ................................................................. ……. (202) 720-5412

Greg Lemmons –Cranberries, Cucumbers, Pistachios, Potatoes, Pumpkins, Raspberries,

Squash, Strawberries, Sugarbeets, Sugarcane, Sweet Potatoes, Tame Blueberries,

Wild Blueberries……… ................................................................................................................... …….. (202) 720-4285

Dan Norris – Artichokes, Cantaloupes, Dry Edible Peas, Green Peas, Lentils,

Nectarines, Papayas, Peaches, Snap Beans, Spinach, Walnuts, Watermelon .................................. ......... (202) 720-3250 Krishna Rizal – Dry beans, Garlic, Hazelnuts, Honeydews, Kiwifruit, Lettuce, Maple Syrup, Mint, Pears, Sweet Cherries, Tart Cherries, Tomatoes ................................................................................ (202) 720-2157 Dawn Smoker – Avocados, Bell Peppers, Broccoli, Cabbage, Chickpeas, Chile Peppers, Dates,

Floriculture, Grapes, Hops, Pecans ................................................................................................. ……. (202) 720-4215 Livestock Prices Received Travis Averill, Chief, Livestock Branch .......................................................................................................... (202) 692-0069 Scott Hollis, Head, Livestock Section .............................................................................................................. (202) 690-2424 Holly Brenize – Sheep and Goats .................................................................................................................. (202) 720-0585 Heidi Lanouette – Cattle and Cattle on Feed ................................................................................................. (202) 720-3040 Mike Miller – Milk, Milk Cows ..................................................................................................................... (202) 720-3278 Seth Riggins – Hogs and Pigs ........................................................................................................................ (202) 720-3106 Tony Dorn, Head, Poultry and Specialty Commodities Section ...................................................................... (202) 690-3223 Fatema Haque – Turkeys ................................................................................................................................ (202) 720-3244 Kim Linonis – Eggs........................................................................................................................................ (202) 690-3676 Adam Peters – Honey ..................................................................................................................................... (202) 690-3237 Takiyah Walker - Broilers .............................................................................................................................. (202) 720-6147 Indexes, Prices Paid, and Parity Prices Jody McDaniel, Chief, Environmental, Economics, and Demographics Branch............................................. (202) 720-6146 Bruce Boess, Head, Economics Section ........................................................................................................... (202) 720-4447 Kuan Chen – Prices Received Indexes, Parity Prices, Prices Paid Indexes, Prices Paid for Feed, Fertilizer, Chemicals, Seeds, Fuels, Farm Supplies and Repairs, Farm Machinery, Feeder Livestock, Poultry Chicks, Feed Price Ratios ................................................................................................................ (202) 690-3347 John Stephens– Prices Received Indexes, Parity Prices ................................................................................ (202) 720-8844

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Access to NASS Reports

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

employment activities.)

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

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

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

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

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

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

Price Program Links Economics and Prices

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

January 2014 Price Program Update

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

January 2015 Price Program Update

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

April 2015 Price Program Update

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

February 2016 Price Program Update

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

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USDA NASS Data Users’ Meeting

Virtual Meeting Tuesday, April 21, 2020

USDA’s National Agricultural Statistics Service will hold a virtual meeting for users of U.S. domestic and

international agriculture data. NASS is organizing the 2020 Data Users’ Meeting in cooperation with five other

USDA agencies – Agricultural Marketing Service, Economic Research Service, Farm Service Agency, Foreign

Agricultural Service, and World Agricultural Outlook Board – and the Census Bureau’s Foreign Trade

Division. Agency representatives will provide updates on recent and pending changes in statistical and

information programs important to agriculture, answer questions, and welcome comments and input from data

users.

For registration details or additional information about the Data Users’ Meeting, see the meeting page on the

NASS website (https://www.nass.usda.gov/Education_and_Outreach/Meeting/index.php). Contact Vernita

Murray (NASS) at 202-690-8141 or [email protected] or Patricia Snipe (NASS) at 202-720-2248 or

[email protected] for information.