Pr 1 (12-08)

Washington, D.C.

Agricultural Prices

Released December 30, 2008, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on Agricultural Prices see page 41, office hours 7:30 a.m. to 4:00 p.m. ET.

December Farm Prices Received Index Declined 8 Points

The preliminary All Farm Products Index of Prices Received by Farmers in December, at 133 percent, based on 1990-92=100, decreased 8 points (5.7 percent) from November. The Crop Index is down 11 points (7.1 percent) and the Livestock Index decreased 4 points (3.2 percent). Producers received lower prices for cattle, corn, milk, and soybeans and higher prices for broilers, strawberries, lettuce, and hogs. In addition to prices, the overall index is also affected by the seasonal change based on a 3-year average mix of commodities producers sell. Increased monthly marketings of wheat, milk, broilers, and oranges offset decreased marketings of soybeans, corn, cattle, and grapes. The preliminary All Farm Products Index is down 9 points (6.3 percent) from December 2007. The Food Commodities Index, at 132, decreased 7 points (5.0 percent) from last month and decreased 14 points (9.6 percent) from December 2007.

Prices Paid Index Down 4 Points The December Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 177 percent of the 1990-92 average. The index is down 4 points (2.2 percent) from November but 11 points (6.6 percent) above December 2007. Prices in December are lower for fuels, fertilizer, feed, and livestock & poultry.

Index Summary Table 2007 2008 Index

1990-92=100 Nov Dec Nov Dec Prices Received Prices Paid Ratio 1

141

165

85

142

166

86

141

181

78

133

177

75

1 Ratio of index of prices received by farmers to index of prices paid by farmers.

Agricultural Prices Agricultural Statistics Board December 2008 2 NASS, USDA

Prices Received by Farmers The December All Farm Products Index is 133 percent of its 1990-92 base, down 5.7 percent from the November index and 6.3 percent below the December 2007 index. ALL CROPS: The December index is 145, down 7.1 percent from November and 3.3 percent below December 2007. Index decreases for fruits & nuts, commercial vegetables, food grains, feed grains & hay, and oil-bearing crops more than offset the index increases for cotton and potatoes & dry beans. Food Grains: The December index, at 209, is 5.4 percent below the previous month and down 14 percent from a year ago. The December all wheat price, at $5.91 per bushel, is down 37 cents from November and $1.80 below December 2007. Feed Grains & Hay: The December index is 177, down 5.3 percent from last month but 6.6 percent above a year ago. The corn price, at $4.05 per bushel, is down 21 cents from last month but 28 cents above December 2007. The all hay price, at $141 per ton, is down $6.00 from November but up $14.00 from last December. Sorghum grain, at $5.26 per cwt, is down $1.31 from November and $1.66 below December last year. Cotton: The December index, at 89, is up 1.1 percent from November but 9.2 percent below last year. The December price, at 53.9 cents per pound, is up 0.8 cent from the previous month but 5.7 cents below last December. Oil-Bearing Crops: The December index, at 167, is down 3.5 percent from November and 5.6 percent lower than December 2007. The soybean price, at $8.97 per bushel, decreased 41 cents from November and is $1.03 below December 2007. Fruits & Nuts: The December index, at 122, is down 16 percent from November and 20 percent lower than a year ago. Price decreases for apples, grapes, oranges, and lemons more than offset the price increase for strawberries. Commercial Vegetables: The December index, at 139, is down 6.7 percent from last month but 0.7 percent above December 2007. Price declines for tomatoes, broccoli, onions, and celery more than offset price increases during December for lettuce, snap beans, and carrots. Potatoes & Dry Beans: The December index, at 160, is up 1.3 percent from last month and 29 percent above December 2007. The all potato price, at $9.11 per cwt, is up 20 cents from November and $2.09 from last December. The all dry bean price, at $34.30 per cwt, is down 20 cents from the previous month but $7.00 above December 2007. LIVESTOCK & PRODUCTS: The December index, at 120, is 3.2 percent below last month and down 10 percent from December 2007. Compared with a year ago, prices are lower for milk, cattle, eggs, calves, and turkeys. Prices for broilers and hogs are up from last year. Meat Animals: The December index, at 104, is down 5.5 percent from last month and 8.0 percent lower than last year. The December hog price, at $42.40 per cwt, is up $1.60 from November and $2.80 higher than a year ago. The December beef cattle price of $79.90 per cwt is down $5.00 from last month and $9.30 lower than December 2007. Dairy Products: The December index, at 122, is down 6.9 percent from a month ago and 26 percent lower than December last year. The December all milk price of $15.90 per cwt is down $1.20 from last month and down $5.60 from December 2007. The fluid grade milk price is down $1.20 and the manufacturing grade milk price is 70 cents lower than the previous month. Poultry & Eggs: The December index, at 148, is down 0.7 percent from November but 2.1 percent above a year ago. The December market egg price, at 86.0 cents per dozen, decreased 3.4 cents from November and is 42.0 cents below December 2007. The December broiler price, at 48.0 cents per pound, is up 2.0 cents from November and 8.0 cents above a year ago. The December turkey price, at 44.5 cents per pound, is down 14.4 cents from the previous month and 8.1 cents from a year earlier.

Agricultural Prices Agricultural Statistics Board December 2008 3 NASS, USDA

Table of Contents

U.S. Prices Received and Indexes Page Narrative .............................................................. 2 Price Indexes ........................................................ 5 Price Index Charts ................................................ 6 U.S. Prices Received Summary ........................... 8 Charts ................................................................... 10 Selected Commodities ......................................... 14 Upland Cotton & Rice Marketings ...................... 17 Parity Prices ......................................................... 24 Reliability Statement ............................................ 26 Monthly State Prices Received Apples .................................................................. 17 Barley .................................................................. 15 Beans, Dry Edible ................................................ 16 Beef Cattle, All .................................................... 20 Calves ................................................................ 20 Cows, Beef ........................................................ 20 Steers and Heifers .............................................. 20 Canola .................................................................. 16 Citrus Fruit ........................................................... 18 Corn ..................................................................... 15

Monthly State Prices, continued Page Cotton .................................................................................. 17 Cottonseed ........................................................................... 17 Eggs ..................................................................................... 22 Flaxseed ............................................................................... 16 Hay ...................................................................................... 17 Hogs, All ............................................................................. 21 Barrows and Gilts .............................................................. 21 Sows .................................................................................. 21 Milk ..................................................................................... 23 Milk Cows ........................................................................... 23 Manufacturing Grade & Parity Price Equiv ......................... 23 Oats ...................................................................................... 15 Peanuts ................................................................................. 16 Potatoes ............................................................................... 19 Sheep ................................................................................... 22 Lambs .................................................................................. 22 Sorghum Grain .................................................................... 15 Soybeans .............................................................................. 15 Sunflower, All ..................................................................... 16 Wheat, All Classes ............................................................... 14

Prices Received Special Features Page Marketing Year Average Prices by State and U.S. Hops .................................................................................................................................................................. 26 Calendar of Prices Received Features in the 2008 Agricultural Price Reports ........................................... 37

Agricultural Prices Agricultural Statistics Board December 2008 4 NASS, USDA

Table of Contents (continued) U.S. Prices Paid, Prices Paid Indexes and Ratios Page Narrative .............................................................................................................................................................. 27 Indexes and Parity Ratios .................................................................................................................................... 28 Charts .................................................................................................................................................................. 30 Feed Price Ratios ................................................................................................................................................. 33 Reliability Statement ........................................................................................................................................... 36 U.S. Average Prices Prices Used to Calculate Feed Price Ratios ......................................................................................................... 33 Feeder Livestock ................................................................................................................................................. 33 Special Features Feed: April Prices Paid, U.S. 2003-2008 ............................................................................................................. 34 Feeder Livestock: Annual Average Prices Paid, U.S., 2003-2008 ...................................................................... 34 Prices Paid Index for Beef Cattle Production ...................................................................................................... 35 Beef Cattle Prices Received, Selected Regions ................................................................................................... 35 Calendar of Prices Paid Features in the 2008 Agricultural Price Reports ................................................... 40 Information Contacts ........................................................................................................................................ 41

Agricultural Prices Agricultural Statistics Board December 2008 5 NASS, USDA

Index Numbers of Prices Received, United States, December 2008, with Comparisons 1

1910-14=100 1990-92=100 2007 2008 2007 2008 Index Average

1990-92 Dec Nov Dec Dec Nov Dec All Farm Products All Crops Food Grains Feed Grains & Hay Cotton Tobacco 2 Oil-Bearing Crops Fruits & Nuts Commercial Vegetables Potatoes & Dry Beans Other Crops Livestock & Products Meat Animals Dairy Products Poultry & Eggs Food Commodities

639

500 325 363 517

1263 554 716 698 540 493

768

1021 799 282

903

745 773 593 504

1396 969

1061 988 630 580

1024 1152 1323

407

*894

*773 *702 *667 *449

*1396 *951

*1010 *1065

*801 *581

*948

*1121 *1052

*420

846

720 663 631 456

1396 918 853 991 813 581

918

1064 978 416

142

150 244 166

98 92

177 152 138 124 118

134 113 165 145

146

*141

*156 *221 *187

*88 92

*173 *145 *149 *158

118

*124 *110 *131 *149

*139

133

145 209 177

89 92

167 122 139 160 118

120 104 122 148

132

* Revised. 1 Revised historical price indexes for months not shown are available at www.nass.usda.gov. 2 Monthly prices discontinued July 2005.

Selected Index Numbers for Prices Received and Paid, 1990-92=100, by Month, United States, 2007 and 2008 1

Index of Prices Received Index of Prices Paid

All Farm Products

All Crops

Livestock and

Products

All Items

Production Items

Month

2007 2008 2007 2008 2007 2008 2007 2008 2007 2008 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

123 127 132 134 136 137 139 139 140 141 141 142

144 145 146 145 150 158 159 156 154 151 141 133

131 138 142 143 140 141 140 142 142 149 149 150

157 162 166 168 170 183 182 177 174 168 156 145

113 118 123 127 132 134 137 137 138 131 134 134

129 131 129 127 134 137 138 137 133 127 124 120

155 157 159 160 161 161 161 161 162 163 165 166

171 173 177 181 185 189 192 192 191 187 181 177

152 154 157 160 160 160 161 161 162 163 166 167

172 175 180 187 193 197 202 203 201 194 187 182

1 Revised historical price indexes for months not shown are available at www.nass.usda.gov.

Agricultural Prices Agricultural Statistics Board December 2008 6 NASS, USDA

Prices Received, Major Indexes, US

8090

100110120130140150160170180190200

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Perc

ent (

1990

-92=

100)

Livestock Product All Farm Product All Crop

Prices Received, Food, Feed, & Oil Crop Indexes, US

6090

120150180210240270300330360

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Perc

ent (

1990

-92=

100)

Food Grain Feed Grain & Hay Oil Crop

Agricultural Prices Agricultural Statistics Board December 2008 7 NASS, USDA

Prices Received, Fruit and Vegetable Indexes, US

6090

120150180210240270300330

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Perc

ent (

1990

-92=

100)

Fruit & Nut Commercial Vegetable

Prices Received, Livestock Product Indexes, US

60708090

100110120130140150160170180

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Perc

ent (

1990

-92=

100)

Meat Animal Dairy Product Poultry & Egg

Agricultural Prices Agricultural Statistics Board December 2008 8 NASS, USDA

Prices Received, United States, December 2008, with Comparisons

Entire Month Preliminary Commodity Unit Average

1990-92 Dec 2007

Nov 2008

Dec 2008

Dollars Dollars Dollars Dollars

Field Crops Barley, All Feed Malting Beans, Dry Edible Canola Chickpeas, All Large Small Corn Cotton, Upland Cottonseed 1 Flaxseed Hay, All, Baled 2 Alfalfa 2 Other 2 Lentils Oats Peanuts, In-Shell Peas, Dry Edible Austrian Winter Potatoes Rice, All Long 3 Medium & Short 3 Sorghum Grain Soybeans Sunflower, All Wheat, All Winter Durum Other Spring Hard Red Winter Soft Red Winter Hard Red Spring White Fruit Citrus, Equiv on-tree Grapefruit Lemons Oranges Tangelos Tangerines and Mandarins Noncitrus, Fresh Apples 4 Grapes 4 Peaches 4 Pears 4 Strawberries

Bu Bu Bu Cwt Cwt Cwt Cwt Cwt Bu Lb Ton Bu Ton Ton Ton Cwt Bu Lb Cwt Cwt Cwt Cwt Cwt Cwt Cwt Bu Cwt Bu Bu Bu Bu Bu Bu Bu Bu Box Box Box Box Box Lb Ton Ton Ton Cwt

2.12 1.90 2.43

19.10

2.30 0.606 96.00

4.27

76.30 77.20 60.00

1.22

0.304

5.82

7.07

3.75 5.61 9.50

2.96 2.93 2.86 3.11

3.24

5.77 10.10

5.79 5.82

15.11

0.212 506.00 432.00 370.00

56.00

4.44 4.79 4.28

27.30 18.30 29.10 31.00 20.80

3.77 0.596

169.00

13.10 127.00 135.00 115.00

28.30 2.69

0.213 14.20 14.10

7.02

11.50

6.92 10.00 19.20

7.71 7.70

11.50 7.39 7.68 7.03 7.38 7.83

5.97 23.89

5.80 2.78

18.63

0.350 1,710.00

( 6 ) 557.00 171.00

5.41 3.32 5.60

34.50 17.00 35.40 35.60 35.00

4.26 0.531

223.00

13.00 147.00 163.00 116.00

38.10 2.99

0.201 13.00 ( 6 ) 8.91

17.70 16.30 20.30

6.57 9.38

23.60

6.28 5.64 8.68 7.12 5.72 4.18 7.19 5.96

4.08 13.55

5.26 ( 6 ) 12.31

0.342 690.00

( 6 ) 553.00

87.60

4.36 3.01 4.51

34.30 16.10 ( 6 ) ( 6 ) ( 6 ) 4.05

0.539 220.00

10.00

141.00 155.00 113.00

33.70 2.40

0.215 12.70 ( 6 ) 9.11

18.00 16.40 23.10

5.26 8.97

21.20

5.91 5.06 8.52 6.65

3.93 8.12 4.75 2.88 7.47

0.296 300.00

( 6 ) 553.00 186.00

1 Marketing year August - February. 2 Mid-month price. 3 Published estimates began in August 2008. 4 Equivalent packinghouse-door returns for CA, MI, and NY (apples only), and WA (apples, peaches, and pears). Prices as sold for other states. 5 Price not published to avoid disclosure of individual firms. 6 Insufficient sales to establish a price.

Agricultural Prices Agricultural Statistics Board December 2008 9 NASS, USDA

Prices Received, United States, December 2008, with Comparisons

Entire Month Preliminary Commodity Unit Average

1990-92 Dec 2007

Nov 2008

Dec 2008

Dollars Dollars Dollars Dollars

Vegetables, Fresh 1 Asparagus Broccoli Cantaloups 2 Carrots Cauliflower Celery Corn, Sweet Cucumbers 2 Lettuce Onions Snap Beans 2 Tomatoes Livestock Calves Cattle, All Beef Cows 3 Steers & Heifers Milk Cows 4 Hogs, All Barrows & Gilts Sows Lambs Sheep Dairy and Poultry Milk, All 5 6 Fluid Grade 6 Mfg Grade 6 Broilers, Live 7 Eggs, All 8 Market 8 9 Turkeys, live 8 10

Cwt Cwt Cwt Cwt Cwt Cwt Cwt Cwt Cwt Cwt Cwt Cwt Cwt Cwt Cwt Cwt Head Cwt Cwt Cwt Cwt Cwt Cwt Cwt Cwt Lb Doz Doz Lb

79.80 22.50

13.20 26.80 11.60 15.70

11.90 12.80

32.30

94.30 72.90 49.60 77.10

1130.00

47.70 48.40 39.50

56.20 23.40

13.06 13.10 11.80

0.317 0.643 0.546 0.380

40.70

16.20 52.40 13.50 34.10 18.50 16.00

4.39 43.00 81.20

120.00 89.20 45.00 95.30

39.60 40.40 21.00

98.40 30.20

21.50 21.50 20.80

0.400 1.360 1.280 0.526

41.20 32.20 24.60 36.30 16.90 33.60 44.00 19.50 10.60 48.20 64.30

106.00 84.90 43.10 91.00

40.80 41.00 36.40

99.60 27.00

17.10 17.10 16.60

0.460 1.030 0.894 0.589

29.90

25.20 36.20 13.70 28.50 37.30 21.90

9.00 67.10 40.10

101.00 79.90 39.80 85.70

42.40 42.40 42.60

15.90 15.90 15.90

0.480 1.000 0.860 0.445

Adjusted for Seasonal Variation 11 Eggs, All Milk, All 5

Doz Cwt

0.545 9.71

1.140 20.90

0.891 16.40

0.844 15.50

1 Beginning January 2006, point of first sale. F.O.B. shipping point for prior years. 2 Monthly estimates began January 1995. 3 Beef cows and cull dairy cows sold for slaughter. 4 Animals sold for dairy herd replacement only. Prices available for Jan, Apr, Jul, and Oct. 5 Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 6 December 2008 Fat test percent: all milk, 3.79; fluid milk, 3.78; mfg grade, 4.16. 7 Equivalent live weight price. 8 Mid-month price. 9 Also referred to as table eggs. 10 Live weight equivalent price is used when actual live weight price is not available. 11 Seasonal adjustment factors are: All Eggs December 2007, 119; November 2008, 116; and December 2008, 118. All Milk December

2007, 103; November 2008, 105; and December 2008, 103.

Agricultural Prices Agricultural Statistics Board December 2008 10 NASS, USDA

Prices Received, Corn, US

$1.00

$2.00

$3.00

$4.00

$5.00

$6.00

$7.00

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Dollars per Bu

Prices Received, Wheat, US

$2.00$3.00$4.00$5.00$6.00$7.00$8.00$9.00

$10.00$11.00$12.00

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Dollars per Bu

Agricultural Prices Agricultural Statistics Board December 2008 11 NASS, USDA

Prices Received, Cotton, US

$0.20

$0.30

$0.40

$0.50

$0.60

$0.70

$0.80

$0.90

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Dollars per Lb

Prices Received, Soybeans, US

$3.00

$5.00

$7.00

$9.00

$11.00

$13.00

$15.00

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Dollars per Bu

Agricultural Prices Agricultural Statistics Board December 2008 12 NASS, USDA

Prices Received, Cattle, US

$20

$40

$60

$80

$100

$120

$140

$160

$180

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Dollars per Cwt

Calves Steer/Heifer All Beef Cattle Cows

Prices Received, Milk, US

$10

$12

$14

$16

$18

$20

$22

$24

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Dollars per Cwt

Agricultural Prices Agricultural Statistics Board December 2008 13 NASS, USDA

Prices Received, Hogs, US

$10

$20

$30

$40

$50

$60

$70

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Dollars per Cwt

Prices Received,Turkeys & Broilers, US

$0.20

$0.30

$0.40

$0.50

$0.60

$0.70

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Dollars per Lb

Turkeys Broilers

Agricultural Prices Agricultural Statistics Board December 2008 14 NASS, USDA

Wheat: Prices Received, by State, November and December 2008 All Wheat Winter Wheat Durum Wheat Oth Spring Wheat State

Nov 1 Dec 2 Nov 1 Dec 2 Nov 1 Dec 2 Nov 1 Dec 2

Dollars per Bushel Dollars per Bushel Dollars per Bushel Dollars per Bushel Dollars per Bushel Dollars per Bushel Dollars per Bushel Dollars per Bushel

AR CA CO ID IL IN KS MI MN MO MT NE ND OH OK OR SD TX WA US

3.58 ( 3 ) 6.51 7.08 4.12 3.82 5.39 4.78 6.80 4.59 7.19 5.42 7.02 3.81 5.02 6.43 6.59 6.67 6.05

6.28

3.70 ( 4 ) 5.08 6.93 4.00 3.88 4.79 4.50 6.68 4.30 6.39 5.10 6.70 3.73 4.61 5.00 5.70 6.60 4.94

5.91

3.58 ( 3 ) 5.68 6.86 4.12 3.82 5.39 4.78 4.72 4.59 6.51 5.42 5.45 3.81 5.02 5.92 5.71 6.67 5.88

5.64

3.70 ( 4 ) 5.27 5.90 4.00 3.88 4.79 4.50 4.60 4.30 5.31 5.10 4.90 3.73 4.61 4.70 4.91 6.60 4.76

5.06

( 4 )

( 3 )

9.63

7.89

8.68

( 4 )

( 3 )

9.95

7.60

8.52

( 3 ) 7.09

6.83

7.45

7.00

8.13 7.07

6.89

7.12

( 3 ) 7.60

6.70

6.85

6.70

6.30 6.13

5.67

6.65

1 Entire month. 2 Mid-month. 3 Price not published to avoid disclosure of individual firms. 4 Insufficient sales to establish a price.

Prices Received for Selected Agricultural Commodities, by Month, United States, 2007 and 2008 1

All Wheat Corn Soybeans Beef Cattle 2 All Hogs Month 2007 2008 2007 2008 2007 2008 2007 2008 2007 2008

Dollars per Bushel

Dollars per Bushel

Dollars per Bushel

Dollars per Bushel

Dollars per Bushel

Dollars per Bushel Dollars per Cwt Dollars per Cwt Dollars per

Cwt Dollars per

Cwt

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

4.53 4.71 4.75 4.89 4.88 5.03 5.17 5.64 6.76 7.65 7.39 7.71

7.96 10.10 10.50 10.10 8.87 7.62 7.16 7.64 7.43 6.67 6.28 5.91

3.05 3.44 3.43 3.39 3.49 3.53 3.32 3.26 3.28 3.29 3.44 3.77

3.98 4.54 4.70 5.14 5.27 5.47 5.25 5.26 5.02 4.37 4.26 4.05

6.37 6.87 6.95 6.88 7.12 7.51 7.56 7.72 8.15 8.36 9.42

10.00

9.95 11.70 11.40 12.00 12.10 13.10 13.30 12.80 10.70

9.94 9.38 8.97

83.70 86.10 91.60 93.70 92.80 88.80 89.00 91.40 93.10 90.90 89.90 89.20

87.30 89.00 87.70 86.60 91.10 92.00 95.10 96.10 94.40 87.90 84.90 79.90

42.60 47.50 44.90 47.30 53.10 54.30 52.20 51.30 46.80 42.40 37.90 39.60

37.20 42.20 40.20 44.10 55.30 53.30 54.20 60.60 52.70 48.60 40.80 42.40

1 Current month prices are mid-month; prices for previous months are for the entire month. 2 Cows, steers and heifers.

Agricultural Prices Agricultural Statistics Board December 2008 15 NASS, USDA

Grains: Prices Received, by State, November and December 2008 All Barley Corn Oats Soybeans Sorghum Grain Month

Nov 1 Dec 2 Nov 1 Dec 2 Nov 1 Dec 2 Nov 1 Dec 2 Nov 1 Dec 2

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 Cwt Dollars per Cwt

AL AR CA CO ID IL IN IA KS KY LA MI MN MS MO MT NE NY NC ND OH OK OR PA SD TN TX UT WA WI WY US

( 3 ) 5.21 5.58

4.83

5.94

5.31

3.20

( 3 )

4.22 3.28

( 3 )

5.41

( 4 ) ( 3 ) 4.96

4.32

4.41

4.18

2.70

( 3 )

3.89 2.42

( 3 )

4.36

4.50

4.11 4.04 4.35 4.53 4.36

4.04 4.32

4.10

4.43

4.51 4.32 4.25

3.87 4.00 4.34 4.93

3.94

4.26

4.00

4.00 4.00 4.05 4.10 4.25

3.95 4.20

3.90

4.00

4.42 4.20 4.27

3.96 3.90 4.30 4.55

3.90

4.05

( 4 )

( 4 )

2.58 3.25

3.71 2.22

3.28 2.77

( 3 )

2.21 4.33

( 3 ) 3.16 2.60

( 3 )

2.65

2.99

( 4 )

( 4 )

2.55 2.50

3.50 2.10

( 4 ) 2.75

( 3 )

( 3 ) ( 4 )

( 4 ) 3.10 2.44

( 4 )

2.60

2.40

8.73

9.54 9.47 9.91 8.83 9.28 9.59 9.02 9.50 9.19 9.24

9.59

9.07 9.71 9.61

9.31 9.13

9.00

9.38

8.70

9.30 8.60 9.40 7.88 9.00 8.81 8.50 9.00 8.30 8.90

9.00

8.30 8.90 9.20

8.40 8.75

8.60

8.97

4.39

4.77

6.68

7.14

6.24

5.94

6.45

6.57

3.80

4.70

5.00

6.50

5.80

5.87

5.82

5.26 1 Entire month. 2 Mid-month. 3 Price not published to avoid disclosure of individual firms. 4 Insufficient sales to establish a price.

Malting and Feed Barley: Prices Received Selected State, November and December 2008

Malting Barley Feed Barley State Nov 1 Dec 2 Nov 1 Dec 2

Dollars per Bushel Dollars per Bushel Dollars per Bushel Dollars per Bushel

ID MN MT ND SD WY

5.67 ( 3 ) 6.04 5.45

( 3 ) ( 3 )

5.00 4.50 4.45 4.30

( 3 ) ( 3 )

3.36 ( 3 ) 3.01 3.22

( 4 ) ( 3 )

3.50 2.65 3.25 3.10

( 3 ) ( 4 )

1 Entire month. 2 Mid-month. 3 Price not published to avoid disclosure of individual firms. 4 Insufficient sales to establish a price.

Agricultural Prices Agricultural Statistics Board December 2008 16 NASS, USDA

Field Crops: Prices Received, by State, November and December 2008 Dry Edible

Beans All

Sunflower Canola Flaxseed Peanuts 4 State Nov 1 Dec 2 Nov 1 Dec 2 Nov 1 Dec 2 Nov 1 Dec 2 Nov 1 Dec 3

Dollars per Cwt

Dollars per Cwt

Dollars per Cwt

Dollars per Cwt

Dollars per Cwt

Dollars per Cwt

Dollars per Bushel

Dollars per Bushel

Dollars per Pound

Dollars per Pound

AL CA CO FL GA ID KS MI MN NE NC ND SD TX VA US

64.10 40.30

38.90

36.00 42.20 36.80

30.70

34.50

( 5 ) 43.00

40.20

37.00 35.00 ( 6 )

29.50

34.30

19.60

27.40

23.80 24.80

23.60

16.20

21.90

22.50 20.50

21.20

( 5 )

17.00

17.00

( 6 )

16.10

16.10

13.00 ( 6 )

13.00

10.00 ( 6 )

10.00

0.181

0.187 0.204

0.189

0.210 0.144

0.201

( 5 )

( 5 ) 0.217

0.182

0.234 0.107

0.215

1 Entire month. 2 Mid-month. 3 Based on sales through first half of month. 4 In-Shell. 5 Price not published to avoid disclosure of individual firms. 6 Insufficient sales to establish a price.

Agricultural Prices Agricultural Statistics Board December 2008 17 NASS, USDA

Field Crops and Apples: Prices Received, by State, November and December 2008 December

Cotton, Upland Hay, Baled 3 State

Nov 1 Dec 2 Cotton- seed 5 All Alfalfa Other

Apples Fresh Use 2 4

Dollars per Pound Dollars per Pound Dollars per Ton Dollars per Ton Dollars per Ton Dollars per Ton Dol/Lb

AL AZ AR CA CO GA ID IL IA KS KY LA MI MN MS MO MT NE NV NM NY NC ND OH OK OR PA SD TN TX UT VA WA WI WY US

( 6 ) ( 6 ) 0.512 ( 6 )

( 6 )

0.520

( 6 )

0.372

0.600 0.490

0.531

( 6 ) ( 6 ) 0.581 ( 7 )

( 6 )

0.370

( 6 )

0.389

0.452 0.478

0.539

184.00 272.00

( 7 ) 243.00

193.00

( 7 )

( 7 )

182.00

230.00 227.00

220.00

187.00

162.00 165.00

192.00 131.00 133.00 115.00 128.00

161.00 129.00

101.00 125.00

90.00 188.00 190.00 118.00

76.00

136.00 125.00 207.00 167.00

94.00

111.00 167.00

224.00 105.00 110.00

141.00

188.00

175.00 170.00

193.00 145.00 137.00 126.00 180.00

165.00 140.00

160.00 126.00

93.00 189.00 193.00 160.00

82.00

202.00 163.00 208.00 193.00

98.00

190.00 170.00

225.00 110.00 111.00

155.00

169.00

111.00 130.00

160.00 103.00

94.00 82.00

100.00

145.00 95.00

80.00

120.00 74.00

165.00 158.00 105.00

59.00

110.00 73.00

203.00 162.00

78.00

100.00 130.00

220.00

75.00 108.00

113.00

0.227

0.320

0.297

0.470

0.259

0.400 0.292

0.296 1 Entire month. 2 Based on sales during the first half of the month. 3 Mid-month. 4 Equivalent packinghouse-door returns for CA, MI, NY, and WA. Price at point of first sale for other States. 5 Marketing year August - February. 6 Price not published to avoid disclosure of individual firms. 7 Insufficient sales to establish a price.

Upland Cotton and Rice: Prices Received and Marketings, United States, December 2008, with Comparisons

Item Unit Dec 2007 1 Nov 2008 1 Dec 2008 2 Cotton, Upland Average Price Marketings 3 Rice, All Average Price Marketings 4 Rice, Long 5 Average Price Marketings 4 Rice, Medium & Short 5 Average Price Marketings 4

Dollars per Pound 1,000 Bales Dollars per Cwt 1,000 Cwt Dollars per Cwt 1,000 Cwt Dollars per Cwt 1,000 Cwt

0.596 1,529

11.50 20,586

0.531 978

17.70 12,757

16.30 8,289

20.30 4,468

0.539 NA

18.00 NA

16.40 NA

23.10 NA

1 Entire month. 2 Based on purchases for the first half of the month. 3 Marketings based on a survey of cotton buyers in the major producing States - AL, AZ, AR, CA, GA, LA, MS, NC, TN, and TX. 4 Purchases by private firms and rice (rough equivalent) shipped by cooperatives. 5 Published estimates began in August 2008.

Agricultural Prices Agricultural Statistics Board December 2008 18 NASS, USDA

Citrus Fruit: Prices and Equivalent Returns, by Utilization, by State and United States, December 2008

Equivalent Returns 1 Packinghouse-door On-tree

Commodity, State

and Type

F.O.B. Packed Fresh 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 CA FL White Colored TX US Lemons AZ CA US Oranges AZ Navel and Misc CA Navel and Misc FL Early and Mids TX Early and Mids US Tangelos FL Tangerines and Mandarins AZ CA FL US

17.00 17.00 17.00 17.00 22.80

18.00

31.00 32.80

32.10

20.70

24.80

19.30

17.00

21.80

18.80

28.70 33.80 22.80

25.70

6.78 5.77 5.21 5.96 9.02

6.37

12.13 14.80

13.76

10.02

14.53

6.75

5.38

7.36

5.86

15.95 21.85 8.37

11.36

7.39 8.14 8.10 8.15

11.77

8.65

20.52 22.32

21.67

12.47

16.57

10.05

5.86

12.97

9.00

19.09 24.19 11.55

14.96

-0.33 3.03 3.30 2.90 1.60

2.80

-0.46 -0.46

-0.46

1.44

1.44

6.50

2.38

6.43

1.15

0.22 0.22 1.15

1.06

3.74 3.19 2.73 3.33 7.75

3.93

6.49 9.16

8.12

7.42

11.93

4.13

3.90

4.75

2.88

12.58 18.48

4.33

7.47

4.35 5.80 5.80 5.80

10.49

6.37

14.88 16.68

16.03

9.87

13.97

7.15

4.37

10.29

5.90

15.72 20.82

7.45

11.06

-3.37 0.15 0.70

-0.10 0.37

0.09

-6.10 -6.10

-6.10

-1.16

-1.16

3.90

0.93

3.83

-1.65

-3.15 -3.15 -2.75

-2.79

1 Net lbs. per box: Grapefruit - AZ & CA-67, FL-85, TX-80; Lemons - 76; Oranges - AZ & CA-75, FL-90, TX-85; Tangelos - 90; Tangerines and Mandarines- AZ & CA-75, FL-95.

Agricultural Prices Agricultural Statistics Board December 2008 19 NASS, USDA

Potatoes: Prices Received, by State, November and December 2008 1 State Nov Dec 2 State Nov Dec 2

Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt

AL AZ CA - All 3 - Winter - Spring - Summer - Fall CO - All 3 - Fresh 4 FL ID - All 3 - Fresh 4 - Processing ME MI MN NY

13.40 23.50

9.75 14.80 18.00

6.95

10.60 5.60 9.80

10.10 8.95

15.70

13.90 23.50

9.45 14.30

NA

6.80 NA NA

9.20 10.10

8.40 15.90

NC ND - All 3 - Fresh 4 - Processing OR TX VA WA - All 3 - Processing WI - All 3 - Fresh 4 - Processing US - All 3 - Fresh 4 - Processing

9.60 15.60

6.50 12.70

7.35 5.50

10.20 15.10

6.45

8.91 15.37

5.92

9.50 NA NA 12.10

7.90 NA 10.50

NA NA

9.11

NA NA

1 Missing data indicate no potatoes being marketed. 2 Preliminary price reflecting prices received for the entire month. 3 Average price of potatoes sold for all uses, including table stocks, processing, seed, and livestock feed. 4 Fresh market prices only, includes table stock prices.

Agricultural Prices Agricultural Statistics Board December 2008 20 NASS, USDA

Cattle: Prices Received, by State, November and December 2008 Cows 1 Steers & Heifers Beef Cattle 4 Calves State

Nov 2 Dec 3 Nov 2 Dec 3 Nov 2 Dec 3 Nov 2 Dec 3

Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt

AZ AR CA CO FL GA ID IL IA KS KY LA MI MN MO MT NE NM ND OH OK OR PA SD TN TX VA WI WY US

45.00 40.50 39.40 42.30 42.40 47.60 40.80 45.00 44.00 43.90 45.00 38.90 46.00 46.70 40.40 39.70 45.90 45.00 45.00 43.40 42.40 39.00 46.90 45.50 43.00 37.60 42.90 43.00 38.60

43.10

41.00 38.50 36.70 40.00 41.00 45.10 37.60 40.00 39.00 41.00 41.00 38.90 44.00 43.50 36.80 38.10 41.70 45.00 43.00 41.00 40.40 37.00 41.50 39.10 40.00 37.40 40.20 38.00 36.40

39.80

94.00 82.00 89.50 94.10 76.50 75.30 87.00 90.00 89.00 91.60 80.00 76.20 84.00 87.00 89.70

101.00 91.80 90.00 91.50 79.90 98.30 86.00 83.40 97.00 80.00 90.70 79.20 80.70 96.00

91.00

91.00 80.00 84.80 87.30 73.00 69.60 84.30 86.50 86.00 85.50 76.00 75.00 82.00 83.50 82.30 96.30 87.80 84.00 89.00 78.00 93.50 84.00 82.30 90.70 75.00 84.30 74.70 76.00 89.00

85.70

62.60 69.60 69.00 93.10 63.50 59.20 71.80 89.10 88.10 90.20 71.60 52.30 72.60 77.90 79.80 81.40 90.40 70.70 80.80 76.30 91.00 71.90 73.90 87.70 65.20 84.30 69.80 58.80 73.60

84.90

59.00 67.60 65.10 86.40 60.40 53.40 71.20 85.60 85.10 84.20 67.60 50.50 70.60 74.50 72.70 81.20 86.40 69.20 78.90 74.30 86.60 69.90 71.70 77.30 61.00 79.60 59.90 54.00 68.00

79.90

97.00 93.50 91.30

102.00 90.00 89.00 92.00 94.00 95.00

113.00 87.00 90.30 90.00

104.00 98.30

109.00 108.00 104.00

99.00 84.10

103.00 88.00

103.00 106.00

83.00 103.00

87.30 137.00 109.00

106.00

92.00 90.00 91.30 98.50 86.00 82.00 89.00 90.00 91.00

105.00 82.00 87.00 88.00

101.00 94.30 97.20

106.00 97.00 97.00 77.00 95.00 85.00 99.00

101.00 78.00 94.00 78.60

130.00 106.00

101.00

1 Beef cows and cull dairy cows sold for slaughter. 2 Entire month. 3 Mid-month. 4 "Cows" and "steers and heifers" combined.

Agricultural Prices Agricultural Statistics Board December 2008 21 NASS, USDA

Hogs: Prices Received, by State, November and December 2008 Sows Barrows and Gilts All Hogs State

Nov 1 Dec 2 Nov 1 Dec 2 Nov 1 Dec 2

Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt Dollars per Cwt

AR IL IN IA KS MN MO NE NC OH OK PA SD US

37.00 32.60 40.30 35.50 37.60 36.20 33.40 38.50 40.50 35.20 33.30 40.50 34.10

36.40

43.50 38.70 46.40 40.00 45.70 41.90 38.70 45.10 47.10 42.70 40.40 47.20 40.10

42.60

38.50 44.90 44.10 42.00 35.50 40.60 35.10 42.40 41.00 38.70 33.90 42.60 41.20

41.00

39.50 46.50 45.40 43.00 36.30 42.00 36.90 43.00 41.90 40.80 35.30 45.00 43.30

42.40

38.40 43.90 43.70 41.90 35.80 40.60 35.00 42.30 41.00 38.20 33.80 42.30 40.30

40.80

39.90 45.90 45.50 43.00 37.50 42.00 37.00 43.00 42.00 41.10 36.10 45.30 42.90

42.40

1 Entire month. 2 Mid-month.

Agricultural Prices Agricultural Statistics Board December 2008 22 NASS, USDA

Sheep and Poultry: Prices Received, by State, November and December 2008 November December State

Sheep 1 Lambs 1 Market Eggs 2 3

Dollars per Cwt Dollars per Cwt Dollars per Dozen

AL AR CA CO CT FL GA ID IN IA KY ME MI MN MS MO MT NE NY NC ND OH OR PA SC SD TX VA WA WV WY US

34.00 30.00

22.00

25.00 44.00

28.00

29.60 18.90 28.20

23.00 31.00 38.00 49.70

20.80 30.80 37.00

29.00 27.50

27.00

97.50 99.00

97.00

97.00 94.00

102.00

92.80 97.60

103.00

95.00 90.30 95.00

111.00

105.00 98.60

107.00

101.00 108.00

99.60

0.910 0.870 0.910

0.810 0.850 0.931

0.880 0.829

1.090 0.880 0.920 0.890 0.810

0.890 0.830

0.817

0.800 0.928

0.860

0.975

0.860 1 Entire month. 2 Mid-month. 3 Also referred to as table eggs.

Agricultural Prices Agricultural Statistics Board December 2008 23 NASS, USDA

Milk and Milk Cows: Prices Received, by State, November and December 2008 November 1 December

Fluid Grade Milk 2

Manufacturing Grade Milk 3 All Milk 4 All Milk 4 5 State

Price Fat Test Price Fat

Test Price Fat Test Price Fat

Test

Milk Cows 6

Dol/Cwt Percent Dol/Cwt Percent Dol/Cwt Percent Dol/Cwt Percent Dol/Head

AZ CA CO FL ID IL IN IA KS KY MI MN MO NM NY OH OR PA TX VT VA WA WI US

16.10 15.10 17.10 22.20 15.60 18.40 18.30 17.50 18.10 19.00 18.10 17.70 17.80 16.40 17.40 19.20 18.10 19.20 18.00 18.40 20.70 16.10 17.80

17.10

3.60 3.73 3.57 3.70 3.68 3.90 3.78 3.79 3.78 3.81 3.76 3.82 3.75 3.62 3.83 3.90 3.76 3.85 3.81 3.84 3.81 3.76 3.81

3.77

16.80

18.00

16.00

15.90 15.20

16.20

16.70

16.60

4.28

3.90

4.10

3.92 3.92

4.01

4.03

4.14

16.10 15.15 17.10 22.20 15.60 18.40 18.30 17.50 18.10 19.00 18.10 17.70 17.70 16.40 17.40 19.10 18.10 19.20 18.00 18.40 20.70 16.10 17.80

17.10

3.60 3.75 3.57 3.70 3.68 3.90 3.78 3.79 3.78 3.81 3.76 3.82 3.76 3.62 3.83 3.90 3.76 3.85 3.81 3.84 3.81 3.76 3.82

3.77

14.90 13.50 16.00 21.20 15.20 17.50 17.50 16.50 17.10 17.00 16.80 17.10 16.30 15.50 16.00 17.90 17.20 17.60 17.00 17.30 19.00 14.70 17.10

15.90

3.65 3.80 3.58 3.69 3.72 3.90 3.75 3.80 3.80 3.84 3.74 3.81 3.80 3.63 3.85 3.86 3.78 3.90 3.82 3.87 3.80 3.78 3.81

3.79

1 Entire month. 2 Including milk diverted to manufacturing. 3 IN no longer published due to insufficient manufacturing grade milk volume. 4 Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 5 Preliminary. 6 Animals sold for dairy herd replacement only. Prices published January, April, July and October.

Parity Price Equivalent for Manufacturing Grade Milk 1: United States, November and December 2008, with Comparisons

Item Unit Dec 2007 Nov 2008 Dec 2008 Parity Equivalent Average Price F.O.B 2 3 Average Fat Test of Milk 2 3

Dollars per Cwt Dollars per Cwt Percent

37.90 20.80

4.13

43.70 16.60

4.14

42.50 15.90

4.16 1 The parity price equivalent during 2008 is 92.1 percent of the parity price of all milk sold to plants, compared with 91.5 percent in 2007.

For additional details, see January 2008 issue of "Agricultural Prices". 2 Beginning in August 2007, Parity Price for Manufacturing Grade Milk is computed using the same methodology as Parity Prices for

other commodities. 3 Preliminary for December 2008.

Agricultural Prices Agricultural Statistics Board December 2008 24 NASS, USDA

Parity Prices for Farm Products and Average Prices Received as Percent of Parity Prices, United States, with Comparisons 1

Parity Price Price as Percent of Parity

Commodity and Unit Adjusted

Base Price Dec

2007 Nov 2008

Dec 2008

Dec 2007

Nov 2008

Dec 2008

Dollars Dollars Dollars Dollars Percent Percent Percent

Basic Commodities All Wheat, Bu Rice, Cwt Corn, Bu Cotton, Lb American Upland Extra Long Staple Peanuts, Lb Designated Nonbasic All Milk, Sold to Plants, Per Cwt 2 Honey, Extracted, Lb 3 Wool and Mohair Wool, Lb Mohair, Lb Other Nonbasic Barley, Bu Canola, Cwt Cottonseed, Ton Dry Edible Beans, Cwt Flaxseed, Bu Mustard Seed, Cwt Oats, Bu Potatoes, Cwt Rapeseed, Cwt Rye, Bu Safflower, Cwt Sorghum Grain, Cwt Soybeans, Bu All Sunflower, Cwt Sweetpotatoes, Cwt Apples, Fresh, Lb 4 Citrus (equiv on-tree), Box Grapefruit Lemons Oranges Tangerines Beef Cattle, Cwt Calves, Cwt Hogs, Cwt Lambs, Cwt Sheep, Cwt Eggs, Doz 2 Turkeys, Live, Lb

0.533 1.29

0.337

0.092 0.137 0.035

1.95 0.122

0.080 0.371

0.368 1.530 14.40

2.71 0.901 2.00

0.219 0.827 1.73

0.420 1.88

0.601 0.832 1.68 2.34

0.032

0.631 1.22

0.651 1.37

10.20 14.80

5.58 11.60

4.67 0.089 0.056

11.20 30.30

8.31

2.12 3.07

0.671

41.50 2.66

1.77 7.77

7.83 29.60

320.00 58.80 18.20 41.50

4.65 17.70 34.40

8.95 39.80 14.20 18.40 35.90 50.00 0.651

13.50 24.70 12.90 29.20

220.00 316.00 126.00 257.00 106.00

1.90 1.210

13.00 31.30

8.19

2.24 3.33

0.851

47.40 2.96

1.94 9.02

8.94 37.20

350.00 65.90 21.90 48.60

5.32 20.10 42.00 10.20 45.70 14.60 20.20 40.80 56.90 0.778

15.30 29.60 15.80 33.30

248.00 360.00 136.00 282.00 113.00

2.16 1.360

12.60 30.40

7.95

2.17 3.23

0.826

46.00 2.88

1.89 8.75

8.68 36.10

340.00 63.90 21.30 47.20

5.17 19.50 40.80

9.91 44.30 14.20 19.60 39.60 55.20 0.755

14.90 28.80 15.40 32.30

241.00 349.00 132.00 274.00 110.00

2.10 1.320

69 38 45

28 32 32

50 39

50 49

57 62 53 46 72

58 40

49 54 53

54

44 97 45 64 41 38 31 38 28 60 43

48 57 52

24 30 24

35 35

45 42

61 46 64 52 59

56 44

45 46 58

44

27 46 33 37 34 29 30 35 24 41 43

47 59 51

25 31 26

34 36

47 43

50 45 65 54 47

46 47

37 46 54

39

26 28 31 23 33 29 32

40 34

1 Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See January "Agricultural Prices" for details on adjusted base price and parity price computations.

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 CA, NY (apples only), OR (except peaches), and WA. Price at point of first sale for other states.

Agricultural Prices Agricultural Statistics Board December 2008 25 NASS, USDA

Parity Prices for Farm Products, December 2008, United States 1

Other Nonbasic Commodities

Adjusted Base Price

Parity Price

Other Nonbasic Commodities

Adjusted Base Price

Parity Price

Dollars Dollars Dollars Dollars

Field Crops and Misc Commodities Hops, Lb Spearmint Oil, Lb Tobacco, Lb Flue-Cured, 11-14 Fire-Cured, 21-23 Burley, 31 Maryland, 32 Dark Air-Cured, 35-37 PA Seedleaf, 41 Cigar Binder, 51 Type 61 Noncitrus Fruit Apples, Ton 4 Processing Apricots, Ton Fresh 5 Dried, CA Avocados, Ton 5 Cherries Sweet, Ton Tart, Lb Cranberry, Bbl 3 Dates, CA, Ton 5 Grapes, Ton Raisin Variety Other Dried Kiwifruit, Ton Nectarines Fresh, CA, Ton 5 Olives, CA canning, Ton 3

0.263 1.37

0.231 0.311 0.248 0.191

0.278 0.196 0.718 3.13

15.70

105.00 252.00 227.00

197.00

0.035 4.20

185.00

119.00 70.90 93.80

58.50

90.70

6.20 32.30

5.45 7.34 5.85 4.51

6.56 4.62

16.90 73.80

370.00

2,480.00 5,940.00 5,350.00

4,650.00

0.826 99.10

4,360.00

2,810.00 1,670.00 2,210.00

1,380.00

2,140.00

Noncitrus Fruit, Continued Papayas (HI) Peaches Fresh, Ton 2 Dried, CA, Ton Processing 3 Excl Dried Clingstone, CA, Ton Pears, Ton Fresh 2 Dried, CA 4 Plums, CA, Ton Fresh, Equiv on-Tree Prunes, Dried, CA, Ton 4 Prunes and Plums, Excl CA, Ton Fresh 7 Processing 4 Excl Dried Tree Nuts 8 Almonds, Lb Hazelnuts, Ton Pistachio, Lb Walnuts, Ton Vegetables, Cwt 9 Fresh Carrots 6 Cauliflower 6 Celery 6 Honeydew Melons Lettuce Onions 6 Tomatoes

0.047

84.60

74.20

33.70

54.50 177.00

66.20

141.00

63.10

28.60

0.209 162.00

0.179 169.00

2.44 4.32 2.04 2.58 2.35 1.60 4.68

1.110

2,000.00

1,750.00

795.00

1,290.00 4,180.00

1,560.00

3,330.00

1,490.00

675.00

4.93 3,820.00

4.22 3,990.00

57.60 102.00

48.10 60.90 55.40 37.70

110.00

1 Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See January "Agricultural Prices" for details on adjusted base price and parity price computations.

2 Equivalent packinghouse-door returns for CA, NY (apples only), OR (except peaches), and WA. Price at point of first sale for other states.

3 Equivalent returns for bulk fruit at first delivery point. 4 Equivalent returns at processing plant door. 5 Equivalent returns at packinghouse door. 6 Includes some processing. 7 Based on "as sold" prices for fresh fruit in all states. 8 Prices in-shell basis except almonds which are shelled basis. 9 F.O.B. shipping point prices.

Agricultural Prices Agricultural Statistics Board December 2008 26 NASS, USDA

Hops: Marketing Year Average Prices Received, by State and United States, 2007-2008

State 2007 2008

Dollars per Pound Dollars per Pound

ID OR WA US

2.77 3.31 2.94

2.99

4.00 3.80 3.99

3.97

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 2000 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 U.S. production. Livestock prices are obtained from packers, stockyards, auctions, dealers, and market check data from AMS-USDA, private marketing organizations, and state commodity groups and agencies. Inter-farm sales of grain and livestock are not included since they represent very small percentages of the total marketings. Grain marketed for seed is also excluded. Fruit and vegetable prices are obtained from sample surveys and market check data from AMS-USDA, private marketing organizations, state agencies, and universities. Summary and Estimation Procedures: Survey quantities sold are expanded by strata to state levels and used to weight average strata prices to a state average. State prices are then weighted to a U.S. price based on expanded marketings. Recommendations are prepared by the State Field Offices and reviewed by the Agricultural Statistics Board in Washington, D.C. State recommendations are reviewed for reasonableness with survey data, other States, and recent historic estimates. Revisions: For most items, the current month's preliminary price represents a 3-5 day period around the 15th of the month. Previous month's prices represent actual dollars received for quantities sold during the entire month. Revisions are published in monthly issues of Agricultural Prices. Reliability: U.S. 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 U.S. relative sampling errors at around five percent. Any nonsampling errors are attributed to such things as the inability to obtain correct information, differences in interpreting questions or definitions, mistakes in coding or processing the data, etc. Efforts are made at each step in the survey process to minimize these nonsampling errors.

Agricultural Prices Agricultural Statistics Board December 2008 27 NASS, USDA

Prices Paid by Farmers The December Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 177 (1990-92=100), down 2.2 percent from November 2008 but up 6.6 percent from December 2007. PRODUCTION INDEX: The December index, at 182, decreased 2.7 percent from last month but increased 9.0 percent from last year. Prices in December are lower for fuels, fertilizer, feed, and livestock & poultry. Feed: The December index, at 167, decreased 5.1 percent from November but increased 4.4 percent from last December. Since November, prices are lower for complete feeds, feed grains, feed supplements, and hay & forages. Livestock & Poultry: The December index, at 114, decreased 3.4 percent from last month and 10 percent from last year. Since November, lower prices for feeder cattle more than offset higher prices for feeder pigs. The December feeder cattle price, at $87.70 per cwt, is down $5.70 per cwt from the November price. December feeder pigs averaged $133.00 per cwt, up $20.00 per cwt from November. Fertilizer: The December index, at 410, is down 5.3 percent from November but is 62 percent above December a year ago. Nitrogen fertilizer decreased 8.2 percent, potash & phosphate prices declined 7.7 percent, and mixed fertilizer prices fell 2.6 percent. Chemicals: The December index, at 144, decreased 2.0 percent from November but increased 9.9 percent from last December. Fuels: The December index, at 212, is down 14 percent from a month earlier and 31 percent below December 2007. The gasoline price is down 19 percent, the LP gas price is down 17 percent, and the diesel fuel price is down 13 percent. Machinery: The December index, at 211, decreased 0.5 percent from November but is 7.1 percent above last December. Since November, prices are lower for self-propelled machinery. CONSUMER PRICE INDEX: The November 2008 Consumer Price Index, as issued by the Bureau of Labor Statistics, for all urban consumers (CPI-U) decreased 1.9 percent before seasonal adjustment to a level of 212.425 (1982-84=100). This compares with the October index of 216.573. For the 12-month period ending in November, the overall index increased 1.1 percent.

Agricultural Prices Agricultural Statistics Board December 2008 28 NASS, USDA

Indexes of Prices Paid by Farmers and Related Parity Ratios United States, December 2008 with Comparisons 1

1910-14 = 100 1990-92 = 100 2007 2008 2007 2008

Indexes and

Ratios Dec Nov Dec Dec Nov Dec Prices Paid by Farmers for Commodities & Services, Interest, Taxes, & Wage Rates (PPITW) Production Feed Livestock & Poultry Seeds Fertilizer Chemicals Fuels Supplies & Repairs Autos & Trucks Machinery Building Materials Services & Rent Services Rent Interest 2 Taxes 3 Wage Rates Production, Interest, Taxes, & Wage Rates (PITW) Family Living-CPI 4

2212 1622

780 1626 2086

928 810

2373 1071 2959 4942 2114 1764

3865 5043 6707

2263 1995

2416 1818

859 1507 2722 1588

910 1905 1112 2819 5306 2299 1882

4100 5443 6914

2506 2018

2359 1764

816 1462 2722 1502

893 1639 1112 2820 5305 2272 1874

4100 5443 6914

2446 1979

166 167 160 127 211 253 131 308 151 111 197 156

147 151 154 188 179

168 156

181 187 176 118 275 433 147 247 157 106 212 169

155 163 164 203 185

187 158

177 182 167 114 275 410 144 212 157 106 211 167

154 163 164 203 185

182 155

Ratio (Received\Paid) Parity Ratio 5 Parity Ratio Adjusted 6 PPITW Adjusted for Productivity 7

41 42

1423

37 39

1478

36 37

1464

86

78

75

Crop Sector (PPITW) Livestock Sector (PPITW)

173 160

195 169

191 164

Farm Sector (Production) Non-Farm Sector (Production)

157 172

172 195

167 189

1 Revised historical price indexes for months not shown are available at www.nass.usda.gov. 2 Interest per acre on farm real estate debt and interest rate on farm non-real estate debt. 3 Farm real estate taxes payable per acre. 4 Bureau of Labor Statistics, Consumer Price Index for all urban consumers (CPI-U), for the previous month converted by the USDA. 5 Ratio of index of prices received to PPITW (1910-14=100). 6 Based on estimated cash receipts, from marketings and government payments, the preliminary adjustment factor is 1.044 for 2008 and

the revised factor is 1.041 for 2007. 7 PPITW is adjusted based on productivity trend for the prior 15 years.

Agricultural Prices Agricultural Statistics Board December 2008 29 NASS, USDA

Prices Paid Indexes and Annual Weights for Input Components and Sub-Components United States, December 2008 with Comparisons 1

Input Indexes Relative Weights 5-Year Moving Average 2 2007 2008 Index

2007 2008 Dec Nov Dec

Percent Percent (1990-92=100) (1990-92=100) (1990-92=100)

Production Items Feed Feed Grains Complete Feeds Hay/Forage Concentrates Supplements Livestock & Poultry Feeder Cattle Feeder Pigs Milk Cow Replacements Poultry Seeds Field Crops Grasses/Legumes Fertilizer Mixed Fertilizer Nitrogen Potash & Phosphate Chemicals Herbicides Insecticides Fungicides/Other Fuels Diesel Gasoline LP Gas Supplies & Repairs Supplies Repairs Autos & Trucks Autos Trucks Machinery Tractors Self-Propelled Other Machinery Building Materials Services Custom Rates Other Services Rent Cash Share Interest Taxes Wage Rates Family Living-CPI

67.4

10.9 1.6 5.3 1.4 1.7 0.9 7.7 6.0 0.6 0.6 0.5 3.7 3.4 0.4 4.3 1.9 1.8 0.6 3.4 2.2 0.8 0.5 3.1 1.9 0.7 0.4 4.8 1.6 3.2 1.8 0.2 1.6 4.5 1.0 1.8 1.7 4.3

12.2 1.3

10.9 6.6 3.6 3.1 4.0 2.9 7.8

18.0

67.9

10.9 1.6 5.3 1.4 1.7 0.9 8.0 6.2 0.6 0.6 0.5 3.8 3.5 0.4 4.4 2.0 1.9 0.6 3.3 2.1 0.8 0.5 3.3 2.1 0.8 0.4 4.7 1.6 3.1 1.7 0.2 1.5 4.5 1.0 1.8 1.7 4.5

12.2 1.3

10.9 6.6 3.5 3.0 3.8 2.9 7.8

17.6

167

160 165 152 171 161 176 127 123 104 179 138 211 218 142 253 249 264 233 131 122 151 139 308 334 247 295 151 141 156 111 109 112 197 174 206 201 156 147 125 149 151 180 117 154 188 179 156

187

176 183 165 192 200 158 118 110 123 170 138 275 287 157 433 464 354 575 147 136 170 158 247 291 179 145 157 156 157 106 108 106 212 180 212 229 169 155 144 157 163 195 126 164 203 185 158

182

167 169 150 184 218 145 114 104 145 170 138 275 287 157 410 452 325 531 144 134 167 155 212 254 145 120 157 156 157 106 108 106 211 180 212 229 167 154 144 155 163 195 126 164 203 185 155

1 Revised historical price indexes for months not shown are available at www.nass.usda.gov. 2 Weights may not add due to rounding.

Agricultural Prices Agricultural Statistics Board December 2008 30 NASS, USDA

Prices Paid by Farmers, Major IndexesUS, by Month

100

120

140

160

180

200

22019

98

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Perc

ent (

1990

-92=

100) All Items Production Items

Prices Paid by Farmers, Major IndexesUS, Annual Averages 1/

90100110120130140150160170180190200210

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Perc

ent (

1990

-92=

100)

Production Items Interest Taxes Wages

1/ Index values for 2008 are year-to-date averages.

Agricultural Prices Agricultural Statistics Board December 2008 31 NASS, USDA

Prices Paid by Farmers, Indexes, All ItemsUS, by Farm Type

105115125135145155165175185195205215

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Perc

ent (

1990

-92=

100)

All Crop Livestock

Prices Paid by Farmers, Indexes,All Production ItemsUS, by Sector Origin

105115125135145155165175185195205215

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Perc

ent (

1990

-92=

100)

All Nonfarm Farm

Agricultural Prices Agricultural Statistics Board December 2008 32 NASS, USDA

Prices Paid by Farmers, Indexes,Selected Production Indexes

US, by Non-Farm Sector

4080

120160200240280320360400440480520

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Perc

ent (

1990

-92=

100)

Farm Supplies & Repairs FertilizerFarm Machinery Fuel

Prices Paid by Farmers,Selected Production Indexes

US, by Farm Sector

70

90

110

130

150

170

190

210

230

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Year

Perc

ent (

1990

-92=

100)

Feed Livestock

Agricultural Prices Agricultural Statistics Board December 2008 33 NASS, USDA

Feed Price Ratios: United States, December 2008 with Comparisons 2007 2008

Feed Price Ratio 1 Dec Nov Dec

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

3.7

13.9

10.5

2.85

25.3

4.9

*4.2

*9.3

*9.6

*2.02

*21.4

*5.6

4.6

9.4

10.5

1.97

21.2

4.5 * Revised. 1 Effective January 1995, prices of commercial prepared feeds are based on current U.S. prices received for corn, soybeans, alfalfa hay, and all

wheat. 2 The price of commercial prepared broiler feed is based on current U.S. 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 U.S. 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 U.S. 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 U.S. prices received for corn, soybeans, and wheat. The modeled feed used

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

Prices Used to Calculate Feed Price Ratios: United States, December 2008 with Comparisons

Entire Month Preliminary Commodity Unit Dec

2007 Nov 2008

Dec 2008

Dollars Dollars Dollars

Broilers, Live Eggs, Market Hogs, All Milk, All Steers and Heifers Turkeys, Live Corn Hay, Alfalfa, Baled Soybeans Wheat, All

Lb Doz Cwt Cwt Cwt Lb Bu Ton Bu Bu

0.400 1.280

39.60 21.50

95.30 0.526

3.77

135.00

10.00 7.71

0.460 0.894

40.80 17.10

91.00 0.589

4.26

163.00

9.38 6.28

0.480 0.860

42.40 15.90

85.70 0.445

4.05

155.00

8.97 5.91

Feeder Livestock: Prices Paid, United States December 2008 with Comparisons

2007 2008 Commodity Unit

Dec Nov Dec

Dollars Dollars Dollars

Feeders and Stockers Cattle and Calves Feeder Pigs

Cwt Cwt

104.40

96.00

*93.40

*113.00

87.70

133.00 * Revised.

Agricultural Prices Agricultural Statistics Board December 2008 34 NASS, USDA

Feed: April Prices Paid, United States, 2003-2008 1 Item Unit 2003 2004 2005 2006 2007 2008

Dollars Dollars Dollars Dollars Dollars Dollars

Alfalfa Meal Alfalfa Pellets Bran Beef Cattle Conc., 32-36% Protein Corn Meal Cottonseed Meal, 41% Dairy Feed 14% Protein 2 16% Protein 2 18% Protein 2 20% Protein 2 32-38% Protein Conc. Hog Feed 14-18% Protein 2 3 38-42% Protein Conc. Molasses, Liquid Poultry Feed Broiler Grower 2 Chick Starter 2 Laying Feed 2 Turkey Grower 2 Soybean Meal, 44% Soybean Meal, over 44% Stock Salt Trace Mineral Blocks

Cwt " " Ton Cwt " Ton " " " " " " Cwt Ton " " " Cwt " 50 Lb 50 Lb

15.00 15.30 13.70

290

9.90 16.60

183 200 207 201 311

223 322

13.30

234 241 232 279

14.50 13.60

4.30 5.40

14.90 15.20 14.80

342

9.84 18.40

200 218 229 233 381

256 415

14.20

278 299 249 315

19.60 19.30

4.53 5.53

15.40 15.20 15.00

316

9.57 17.20

220 197 206 206 331

219 398

14.80

237 268 226 315

16.10 14.90

4.78 5.52

16.40 16.40 16.10

336 10.10 18.20

189 210 221 226 341

228 361

17.90

255 273 240 302

16.90 15.30

4.67 5.68

18.20 18.70 17.40

370 12.30 20.00

239 249 267 258 378

305 398

19.20

306 327 278 337

18.20 16.90

5.02 6.15

21.10 21.30 19.10

433 13.70 23.00

301 313 324 320 469

345 490

17.50

387 416 371 434

23.40 22.40

5.45 6.60

Index (1990-92=100) Feed Prices Paid Index 4

Pct

114

121

117

124

149

188

1 April survey only, quarterly surveys discontinued January 1995. 2 Complete ration feed, fed without mixing or supplementation. 3 Excluding pig starter. 4 Annual average for all years.

Feeder Livestock: Annual Average Prices Paid, United States, 2003-2008 Item Unit 2003 2004 2005 2006 2007 2008

Dollars Dollars Dollars Dollars Dollars Dollars

Broiler Chicks Egg-Type Chicks Feeders and Stockers Cattle and Calves Feeder Pigs Turkey Poults

100 100 Cwt Cwt Each

21.10 50.50

92.00 93.80

1.15

20.60 53.90

109.20 115.00

1.10

20.60 53.50

115.00 143.00

1.13

22.90 66.50

111.10 129.00

1.20

25.60 69.40

107.40 120.00

1.32

( 1 ) ( 1 )

100.40

93.00 ( 1 )

Index (1990-92=100) Livestock and Poultry Prices Paid Index 2

Pct

109

128

138

134

131

123

1 Annual average data are published in April 2009. 2 Annual average.

Agricultural Prices Agricultural Statistics Board December 2008 35 NASS, USDA

The data presented in the following tables are calculated and published for use by the Forest Service, USDA and the Bureau of Land Management, U.S. Department of the Interior in computing Public Land Grazing Fees. 2008 Prices Paid Index for Beef Cattle Production (1964-68=100) 1/: 891 1/ The Index of Prices Paid by Farmers and Ranchers for Beef Cattle Production input items is for the period of November 2007 through October 2008. The components of this index include the production indexes of Fuels, Supplies & Repairs, Autos & Trucks, Tractors & Self Propelled Machinery, Other Machinery, Building Materials, Interest, Wage Rates, and Farm Services & Rent. These components are weighted to the overall index value by their importance in the cost of producing beef cattle, the weights are unchanged from a year earlier.

Beef Cattle: Prices Received, Selected Regions, 2008 1 State Beef Cattle

Dollars Per Cwt

17 Western States 2 16 Western States 3 11 Western States 4 9 Great Plains States 5

91.09 91.04 86.89 93.06

1 Average for November 2007 through October 2008, except NV, UT, and WA which are marketing year averages. 2 17 Western States: AZ, CA, CO, ID, KS, MT, NE, NV, NM, ND, OK, OR, SD, TX, UT, WA, and WY. 3 16 Western States: AZ, CA, CO, ID, KS, MT, NE, NV, NM, ND, OK, OR, SD, UT, WA, and WY. 4 11 Western States: AZ, CA, CO, ID, MT, NV, NM, OR, UT, WA, and WY. 5 9 Great Plain States: CO, KS, NE, NM, ND, OK, SD, TX, and WY.

Agricultural Prices Agricultural Statistics Board December 2008 36 NASS, USDA

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 April to represent all production input items purchased. The survey reference period for most items is the 5 business days centered around the 15th of the month. Separate prices paid surveys are conducted for agricultural chemicals, fuels, feed, fertilizer, machinery, and seed. Summary and Estimation Procedures: The annual April Prices Paid Survey is summarized as a nonprobability survey. Average prices reported are aggregated to the region and U.S. level using weights available from expenditure data and other administrative sources. Price recommendations are prepared by the State Field Offices and Headquarters for review by the Agricultural Statistics Board in Washington, D.C. Also, the change in price level for individual items surveyed are combined to the regional and U.S. 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 in April when separate prices paid surveys are conducted, in lieu of BLS indexes, by the USDA to measure price change. Reliability: Current methods of summarization in April are not designed directly to calculate sampling errors. However, analytical measures approximate the U.S. relative sampling errors for major items around 10 percent. Any nonsampling errors are attributed to such things as the inability to obtain correct information, differences in interpreting questions or definitions, mistakes in coding or processing the data, etc. Efforts are made at each step in the survey process to minimize these nonsampling errors. Program Change: Effective January 1, 1995, the National Agricultural Statistics Service updated the weights and changed the construction of its prices paid and received by farmers indexes. A Federal Register Notice dated October 28, 1994 discussed these program modifications. A 1990-92 reference and base period replaced the 1977 reference and 1971-73 base weight period. Five-year moving average weights replaced the current fixed 1971-73 base period weights. The 1910-14=100 price indexes, required by statute for computing parity prices, were linked forward based on the changes in the new 1990-92=100 indexes. The new indexes were constructed by multiplying the ratios of the current prices to the base period prices by the moving average weights (adjusted for seasonal marketing patterns for the prices received indexes).

Agricultural Prices Agricultural Statistics Board December 2008 37 NASS, USDA

Calendar of Prices Received Features in the 2008 Agricultural Price Reports Annual or Marketing Year Average Prices: Month Published Austrian Winter Peas, U.S. ...................................................................................................................... Sep Barley, U.S . ............................................................................................................................................. Jun by State and U.S. ....................................................................................................................... Aug Broilers, by State and U.S . ...................................................................................................................... Apr Canola, by State and U.S . ....................................................................................................................... Nov Cattle, by State and U.S. .......................................................................................................................... Feb Chickens, Other by State and U.S. ........................................................................................................... Apr Chickpeas, by State and U.S. ................................................................................................................... Nov Corn, U.S. ................................................................................................................................................ Sep by State and U.S. ....................................................................................................................... Nov Cotton, by Type, State and U.S. ............................................................................................................... Oct Cottonseed, by State and U.S. .................................................................................................................. Oct Dry Beans, by State and U.S. ................................................................................................................... Nov Dry Edible Peas, U.S. .............................................................................................................................. Sep Eggs, by State and U.S. ............................................................................................................................ Apr Flaxseed, by State and U.S. ..................................................................................................................... Nov Goats, by State and U.S. .......................................................................................................................... Feb Hay, by State and U.S. ............................................................................................................................. Aug Other Hay, 3-year Average by Region ...................................................................................... Feb Hogs, by State and U.S. ........................................................................................................................... Feb Hops, by State and U.S. ........................................................................................................................... Dec Lentils, U.S. ............................................................................................................................................. Sep Milk, Sold to Plants, by Grade, Price and Fat Test, by State and U.S. .................................................... Apr Mohair, by State and U.S. ........................................................................................................................ Feb Mustard Seed, U.S . ................................................................................................................................. Nov Oats, U.S. ................................................................................................................................................. Jun by State and U.S. ....................................................................................................................... Aug Peanuts, by State and U.S. ....................................................................................................................... Aug Potatoes, by State and U.S., Preliminary ................................................................................................. Feb Proso Millet, by State and U.S. ................................................................................................................ Nov Rapeseed, U.S. ......................................................................................................................................... Nov Rice, U.S. (year-to-date) .......................................................................................................................... Aug by State and U.S., by Length of Grain ....................................................................................... Jan Safflower, U.S. ......................................................................................................................................... Nov Sheep and Lambs, by State and U.S. ....................................................................................................... Feb Sorghum, by State and U.S. ..................................................................................................................... Sep Soybeans, by State and U.S. .................................................................................................................... Sep Sweetpotatoes, by State and U.S., Preliminary ........................................................................................ Jan Final and Revised ...................................................................................................................... Jun Sugarbeets, U.S. ....................................................................................................................................... Jul Sugarcane, U.S. ........................................................................................................................................ Jul Sunflower, by State and U.S. ................................................................................................................... Nov Turkeys, by State and U.S. ....................................................................................................................... Apr Wheat, by Class, U.S. .............................................................................................................................. Jun by State and U.S. ....................................................................................................................... Aug Wool, by State and U.S. ........................................................................................................................... Feb

Agricultural Prices Agricultural Statistics Board December 2008 38 NASS, USDA

Monthly Prices Received - Revised: Month Published Austrian Winter Peas, U.S. ...................................................................................................................... Sep Barley, by State and U.S. ........................................................................................................................ Aug Broilers, U.S. ........................................................................................................................................... Apr Cattle, by State and U.S. ......................................................................................................................... Feb Chickens, by State and U.S. .................................................................................................................... Apr Chickpeas, by State and U.S. .................................................................................................................. Nov Corn, by State and U.S. ........................................................................................................................... Nov Cotton, by Type, State and U.S. .............................................................................................................. Oct Cottonseed, by State and U.S. ................................................................................................................. Oct Dry Beans, by State and U.S. .................................................................................................................. Nov Dry Edible Peas, U.S. .............................................................................................................................. Sep Eggs, by State and U.S. ........................................................................................................................... Apr Flaxseed, by State and U.S. ..................................................................................................................... Nov Hay, by State and U.S. ............................................................................................................................ Aug Hogs, by State and U.S. ........................................................................................................................... Feb Hops, by State and U.S. ........................................................................................................................... Dec Lentils, U.S. ............................................................................................................................................ Sep Milk, Sold to Plants, by Grade, Price and Fat Test by State and U.S. ..................................................... Apr Milk Cows, by Quarter, by State and U.S. .............................................................................................. Feb Oats, by State and U.S. ............................................................................................................................ Aug Peanuts, by State and U.S. ....................................................................................................................... Aug Potatoes, by State and U.S., Preliminary ................................................................................................. Feb Rice, U.S. (year-to-date) ......................................................................................................................... Aug by State and U.S., by Length of Grain ...................................................................................... Jan Sheep and Lambs, by State and U.S. ....................................................................................................... Feb Sorghum, by State and U.S. .................................................................................................................... Sep Soybeans, by State and U.S. .................................................................................................................... Sep Sunflower, by State and U.S. .................................................................................................................. Nov Wheat, by State and U.S. ......................................................................................................................... Aug

Agricultural Prices Agricultural Statistics Board December 2008 39 NASS, USDA

Monthly Marketing Percents: Month Published Austrian Winter Peas, U.S. ......................................................................................................................... Sep Barley, U.S. ................................................................................................................................................. Jun by State and U.S. .......................................................................................................................... Aug Chickpeas, by State and U.S. ...................................................................................................................... Nov Corn, U.S. ................................................................................................................................................... Sep by State and U.S. .......................................................................................................................... Nov Cotton, Upland, by State and U.S. .............................................................................................................. Oct Dry Beans, by State and U.S. ...................................................................................................................... Nov Dry Edible Peas, U.S. .................................................................................................................................. Sep Flaxseed, by State and U.S. ........................................................................................................................ Nov Hay, by State and U.S. ................................................................................................................................ Aug Lentils, U.S. ................................................................................................................................................ Sep Oats, U.S. .................................................................................................................................................... Jun by State and U.S. .......................................................................................................................... Aug Peanuts, by State and U.S. .......................................................................................................................... Aug Rice, U.S. (year-to-date) ............................................................................................................................. Aug Final .............................................................................................................................................. Jan Sorghum, by State and U.S. ........................................................................................................................ Sep Soybeans, by State and U.S. ....................................................................................................................... Sep Sunflower, by State and U.S. ..................................................................................................................... Nov Wheat, U.S. ................................................................................................................................................. Jun by State and U.S. .......................................................................................................................... Aug Prices Received Index Numbers - Revised: Index of Prices Received by Farmers, U.S., by Month and Year ...................................... Jan, Apr, Jul, Oct Milk and Egg Prices Received, Adjusted for Seasonal Variation: Seasonally Adjusted Prices, Revised, U.S. ................................................................................................. Apr Seasonal Adjustment Factors, U.S., program change ................................................................................. Jul Parity Prices: Method of Computing ................................................................................................................................. Jan Average Prices Used for Parity Computations............................................................................................. Jan Manufacturing Milk: Method of Computing Parity Price Equivalent ......................................................... Jan Average Price Received, U.S. ..................................................................................................................... Jan

Agricultural Prices Agricultural Statistics Board December 2008 40 NASS, USDA

Calendar of Prices Paid Features in the 2008 Agricultural Price Reports Indexes (1910-1914=100): Month Published PPITW, PITW, Production Items, Component Items, Interest, Taxes and Wage Rates, Family Living, Farm and Non-Farm Origin, Crop and Livestock Sectors, Adjusted for Productivity, Ratio, Parity Ratio and Adjusted Parity Ratio Annual Average (2004-2008) .............................................................................................. Jan, Apr, Jul, Oct By Month (2004-2008) ........................................................................................................ Jan, Apr, Jul, Oct U.S. Current Month, Previous Month, Previous Year ........................................................................ Monthly Indexes (1990-1992=100): Month Published PPITW, PITW, Production Items, Component and Subcomponent Items, Interest, Taxes and Wage Rates, Family Living Farm and Non-Farm Origin, Crop and Livestock Sectors, Adjusted for Productivity, Ratio, Parity Ratio and Adjusted Parity Ratio Annual Average (2004-2008) .............................................................................................. Jan, Apr, Jul, Oct By Month (2004-2008) ........................................................................................................ Jan, Apr, Jul, Oct U.S. Current Month, Previous Month, Previous Year ........................................................................ Monthly Feed and Feeder Livestock & Poultry Annual Average, U.S. (2003-2008) ................................................. Dec Prices Paid: Month Published Farm Machinery, U.S. ...................................................................................................................................... Apr Feed, by Region and U.S. ................................................................................................................................. Apr Feed, U.S. (2003-2008) .................................................................................................................................... Dec Feeder Livestock, U.S. ........................................................................................................................... Monthly Poultry, Chicks and Poults, Annual Average ................................................................................................... Apr Fertilizer Materials, Mixed Fertilizer and Agricultural Limestone, by Region and U.S. ................................. Apr Field Seeds, Retail U.S. .................................................................................................................................... Apr Fuels, by Region and U.S. ................................................................................................................................ Apr Agricultural Chemicals, U.S. ............................................................................................................................ Apr Feed-Price Ratios: Month Published U.S. by Months and Annual Average, (Jan 2005- May 2008) ......................................................................... May U.S. Current Month, Previous Month, Previous Year ............................................................................ Monthly Prices Paid Program Overview: Month Published Prices Paid Survey Months, Month Published and Geographic Levels of Estimates ........................................ Jan Prices Paid Regions, and States Included ......................................................................................................... Apr Private Grazing Fee Rates and Components of Federal Fees: Month Published Private Non-Irrigated Grazing Fee Rates, by State and Region (Data for 2006-2008) .................................................................................................................................... Jan Prices Paid Index for Beef Cattle Production (1964-68=100) .......................................................................... Dec Beef Cattle Prices Received, Selected Regions (November-October) .............................................................. Dec Other Hay Prices Received, Selected Eastern Regions .................................................................................... Feb

Agricultural Prices Agricultural Statistics Board December 2008 41 NASS, USDA

Information Contacts General questions should be directed to Kevin Barnes, Chief, Environmental, Economics and Demographics Branch at (202) 720-6146. Below are the commodity specialists to contact for additional information.

Crop Prices Received Lance Honig, Chief, Crops Branch .............................................................................................. (202) 720-2127 Jacqueline Moore, Field Crops Section........................................................................................ (202) 720-2127 Todd Ballard - Wheat, Rye........................................................................................................ (202) 720-8068 Ty Kalaus - Corn, Proso Millet, Flaxseed ................................................................................. (202) 720-9526 Shiela Corley - Cotton, Cottonseed ........................................................................................... (202) 720-5944 Travis Thorson - Soybeans, Sunflower, Canola, Other Oilseeds .............................................. (202) 720-7369 Don Gephart - Hay, Oats, Sorghum .......................................................................................... (202) 690-3234 Anthony Prillaman - Peanuts, Rice ........................................................................................... (202) 720-7688 Dawn Keen - Sugarcane, Sugarbeets, Barley ............................................................................ (202) 720-7621 Jorge Garcia-Pratts, Fruits,Vegetables & Special Crops Section ................................................. (202) 720-2127 Dan Norris - Peaches, Pears, Hops, Pulses, Mint ...................................................................... (202) 720-3250 Suzanne Avilla - Citrus, Tropical Fruits.................................................................................... (202) 720-5412 Mike Jacobsen - Apples, Apricots, Cherries, Cranberries, Plums, Prunes ..................................................................................................... (202) 720-4288 Leslie Colburn - Grapes, Tobacco............................................................................................. (202) 720-7235 Faye Propsom - Potatoes, Dry Edible Beans, Sweet Potatoes................................................... (202) 720-4285 Debbie Flippin - Vegetables, Onions, Strawberries .................................................................. (202) 720-2157 Doug Marousek - Tree Nuts ...................................................................................................... (202) 720-4215

Livestock Prices Received Dan Kerestes, Chief, Livestock Branch ....................................................................................... (202) 720-3570 Scott Hollis, Livestock Section .................................................................................................... (202) 720-3570 Everett Olbert - Sheep, Lambs, Goats, Wool, Mohair............................................................... (202) 720-4751 Mike Miller - Milk, Milk Cows................................................................................................. (202) 720-3278 Nicholas Streff - Hogs............................................................................................................... (202) 720-3106 Jason Hardegree - Cattle............................................................................................................ (202) 720-3040 Bruce Boess, Poultry and Specialty Commodities Section .......................................................... (202) 720-3570 Fleming Gibson - Turkeys......................................................................................................... (202) 690-3237 Sharyn Lavender - Broilers, Honey........................................................................................... (202) 720-3244 Kim Linonis - Eggs ................................................................................................................ (202) 690-8632

Indexes, Prices Paid, and Parity Prices Kevin Barnes, Chief, Environmental, Economics and Demographics Branch ............................................................................................................... (202) 720-6146 Kevin Hintzman, Economics Section........................................................................................... (202) 720-6146 Jennifer Sissom - Prices Paid Indexes, Prices Paid for Feed, Fertilizer, Agricultural Chemicals, Seeds, Farm Supplies and Repairs, Farm Machinery, Fuels, Feeder Livestock, Poultry Chicks, Feed Price Ratios, Autos & Trucks ........................................................................................ (202) 690-3229 Daryl Brinkman - Prices Received Indexes, Parity Prices......................................................... (202) 720-8844 Kathy King - Grazing Fees........................................................................................................ (202) 720-2250

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