HDR1012000120010131971500Agricultural Prices Released January 31, 1997, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on "Agricultural Prices" call (202) 720-2127, office hours 7:30 a.m. to 4:00 p.m. ET. For assistance with general agricultural statistics, information about NASS, its products or services, contact the Agricultural Statistics Hotline at 1-800-727-9540 or E-mail: NASS@NASS.USDA.GOV. The "Agricultural Prices" U.S. Summary is available on AutoFax, (202) 720-2000, report 6050. Prices Received Index Drops 2 Points The All Farm Products Index of Prices Received in January was 108 based on 1990-92=100, down 2 points (1.8 percent) from December. Price declines from December for lettuce, eggs, milk, and hogs more than offset price increases for soybeans, cattle, hay, and calves. The seasonal changes in the mix of commodities farmers sell also affect the overall index level. However, these changes were essentially offsetting in January. Compared with January 1996, the All Farm Products Index was unchanged. Price increases from January 1996 for hogs, cattle, soybeans, and lettuce were offset by price decreases for corn, wheat, cotton, and potatoes. Prices Paid Index Up 1 Point The January Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) was 116 percent of the 1990-92 average. The index was up 1 point (0.9 percent) from December and 3 points (2.7 percent) above January 1996. Since December 1996, higher prices for feeder cattle & calves, concentrate feeds, nitrogen fertilizers, hay, and LP gas more than offset price declines for complete feeds, milk cows, mixed fertilizers, and potash/phosphorus. Index Summary Table ----------------------------------------------------------------------------- : 1995 : 1996 : 1997 Index :----------------------------------------------------- 1990-92=100 : Dec : Jan : Dec : Jan ----------------------------------------------------------------------------- : : : : Prices Received : 108 : 108 : 110 : 108 : : : : Prices Paid 1/ : 112 : 113 : 115 : 116 : : : : Ratio 2/ : 96 : 96 : 96 : 93 ----------------------------------------------------------------------------- 1/ Prices paid indexes (1990-92=100) published monthly beginning January 1996. Indexes for 1995 were constructed for historical comparison. 2/ Ratio of index of prices received by farmers to index of prices paid. Pr 1 (1-97) Prices Received by Farmers The January All Farm Products Index was 108 percent of its 1990-92 base, down 1.8 percent from December and unchanged from January 1996. All Crops: The January index was 115, down 0.9 percent from December and 5.0 percent below January 1996. From December, price declines for vegetables, fruits, and food grains more than offset price increases for oilseeds, feed grains, and hay. Feed Grains & Hay: The January index was 116, unchanged from last month but 13 percent below January 1996. Corn prices, at $2.63 per bushel, were unchanged from December but were 46 cents below the January 1996 price. Barley prices declined from last month. Hay and sorghum prices were above last month. Oil-Bearing Crops: The January index, at 127, was up 2.4 percent from December and 5.8 percent above January 1996. Soybean prices, at $7.16 per bushel, increased 25 cents from December. Expected tighter supplies at the end of the marketing year was the major factor in the price increase. Peanut prices were also up from last month. Food Grains: The January index, at 135, was down 1.5 percent from the previous month, and 15 percent below January 1996. The January all wheat price, at $3.97 per bushel, was down 9 cents from December and 86 cents below the January 1996 price. Projected increases in global production continue to cause domestic prices to fall. Fruit and Nuts: The January all fruit and nuts index, at 95, decreased 11 percent from the previous month but was 1.1 percent above January 1996. Lower prices for almonds, apples, and pears more than offset increased prices for oranges and strawberries. Cotton: The January index, at 115, was unchanged from December but 8.7 percent below January 1996. The January cotton price, at 69.9 cents per pound, was up 0.5 cents from December but 6.5 cents below January 1996. Livestock & Products: The January index, at 99, was down 3.9 percent from December but 5.3 percent above a year earlier. Broiler, egg, turkey, hog, and milk prices were down while cattle prices were up. Meat Animals: The January index, at 89, was 1.1 percent below December but 8.5 percent above a year ago. The January cattle price, at $61.20 per cwt, was 50 cents above December and $2.10 above a year ago. The January hog price, at $53.40 per cwt, was down $2.20 from December but was $11.10 above last year. Fed cattle supplies are still large. Market supplies for hogs are picking up after several weeks of disruptions by major winter storms. Dairy Products: The January index, at 104, was 3.7 percent below December and 2.8 percent below last year. The January all milk price, at $13.60 per cwt, was 50 cents below December. Large cheese supplies and weaker fluid milk demand led to lower prices. Poultry and Eggs: The January index, at 122, was 6.2 percent below December but 3.4 percent above a year ago. Broilers decreased 1.2 cents to 40.4 cents per pound. Eggs decreased 11.9 cents to 75.8 cents per dozen. Turkeys decreased 5.0 cents to 38.6 cents per pound. Poultry and egg demand declines seasonally after the holiday season. Index Numbers of Prices Received by Farmers, United States, January 1997, with Comparisons ------------------------------------------------------------------------------- : 1910-14=100 : 1990-92=100 1/ :------------------------------------------------------ Index : : 1996 : 1997 : 1996 : 1997 :Average:---------------------------------------------- :1990-92: Jan : Dec : Jan : Jan : Dec : Jan ------------------------------------------------------------------------------- : All Farm Products : 639 *686 *698 683 108 *110 108 : All Crops : 500 *596 *572 569 *121 *116 115 Food Grains : 325 501 *435 427 158 *137 135 Feed Grains & Hay : 363 *474 *415 415 133 *116 116 Cotton : 517 646 *587 591 126 115 115 Tobacco : 1263 1648 1674 1717 109 111 114 Oil-Bearing Crops : 554 659 *678 697 120 124 127 Fruit & Nuts : 716 *658 *749 667 94 *107 95 Commercial Vegetables : 698 *623 *825 740 *93 *123 111 Potatoes & Dry Beans : 540 556 *430 422 110 85 83 Other Crops : 493 532 532 532 108 108 108 : Livestock & Products : 768 718 *788 756 94 103 99 Meat Animals : 1021 832 *917 908 82 *90 89 Dairy Products : 799 860 *866 836 107 *108 104 Poultry & Eggs : 282 332 366 342 118 130 122 : Food Commodities : 102 *108 105 ------------------------------------------------------------------------------- * Revised. 1/ 1990-92=100 reference replaced 1977=100 in January 1995. Selected Index Numbers for Prices Received and Paid by Farmers, 1990-92=100, by Months, United States, 1996 and 1997 ------------------------------------------------------------------------------ : Index of Prices Received : Index of Prices Paid :-------------------------------------------------------------------- : : : Livestock : : Month : All Farm : All : and : All : Production : Products : Crops : Products : Items : Items :-------------------------------------------------------------------- : 1996 : 1997 : 1996 : 1997 : 1996 : 1997 : 1996 : 1997 : 1996 : 1997 ------------------------------------------------------------------------------ Jan : 108 108 121 115 94 99 113 116 113 115 Feb : 106 123 93 113 113 Mar : 109 129 93 114 114 Apr : 108 128 93 114 114 May : 111 131 96 115 115 Jun : 118 140 99 115 115 Jul : 119 136 103 115 116 Aug : 117 133 103 115 116 Sep : 116 125 106 115 116 Oct : 112 119 103 115 114 Nov : 111 118 102 115 114 Dec : 110 116 103 115 114 ------------------------------------------------------------------------------ Prices Received by Farmers, United States, January 1997, with Comparisons ----------------------------------------------------------------------------- : : : Entire Month : Preliminary : : Average :---------------------------------- Commodity : Unit : 1990-92 : Jan : Dec : Jan : : : 1996 : 1996 : 1997 ----------------------------------------------------------------------------- : : Dollars : : Field Crops : : : : Barley, All : Bu : 2.12 3.15 2.73 2.60 Feed : Bu : 1.90 2.91 2.29 2.30 Malting : Bu : 2.43 3.34 3.04 2.94 Beans, Dry Edible : Cwt : 19.10 19.60 24.00 22.70 Corn : Bu : 2.30 3.09 2.63 2.63 Cotton, Upland : Lb : .606 .764 .694 .699 Cottonseed : Ton : 96.00 106.00 133.00 132.00 : : Flaxseed : Bu : 4.27 5.26 6.79 6.50 Hay, All, Baled 1/ : Ton : 76.30 79.50 95.90 99.70 Alfalfa 1/ : Ton : 77.20 84.60 102.00 106.00 Other 1/ : Ton : 60.00 65.90 77.90 80.10 Oats : Bu : 1.22 1.93 1.72 1.83 Peanuts, In-Shell : Lb : .304 .298 .256 .286 Potatoes : Cwt : 5.82 6.53 4.26 4.22 : : Rice, Rough : Cwt : 7.07 9.36 9.63 9.65 Sorghum Grain : Cwt : 3.75 5.77 3.94 3.97 Soybeans : Bu : 5.61 6.78 6.91 7.16 Sunflower 2/ : Cwt : 9.50 11.10 11.60 11.60 Tobacco : Lb : 1.740 1.900 1.925 1.975 : : Wheat, All : Bu : 2.96 4.83 4.06 3.97 Winter : Bu : 2.93 4.80 4.04 3.97 Durum : Bu : 2.86 5.63 4.59 4.44 Other Spring : Bu : 3.11 4.66 4.01 3.88 Hard Red : Bu : 2.95 4.74 4.09 Soft Red : Bu : 2.87 4.63 3.75 White : Bu : 3.24 4.80 3.79 : : Fruit : : : : Citrus-Equiv on-tree : : Grapefruit : Box : 5.77 1.87 2.26 2.07 Lemons : Box : 10.10 1.48 6.60 6.34 Limes : Box : 10.15 10.98 2.57 19.33 Oranges : Box : 5.79 3.97 3.54 3.72 Tangelos : Box : 5.82 3.85 2.76 1.24 Tangerines : Box : 15.11 10.83 7.57 7.26 Temples : Box : 6.23 4.78 6.72 : : Non-citrus : : Apples, Fresh 3/ : Lb : .212 .254 .235 .232 Grapes, Fresh 3/ : Ton : 506.00 Peaches, Fresh 3/ : Lb : .216 Pears, Fresh 3/ : Ton : 370.00 297.00 568.00 535.00 Strawberries, Fresh: Lb : .560 .930 .914 ----------------------------------------------------------------------------- 1/ Mid-month price. 2/ KS, MN, ND and SD average. 3/ Equivalent packinghouse-door returns for CA, NY (apples only), OR (pears only) and WA (apples, peaches, and pears). Prices as sold for other states. -- continued Prices Received by Farmers, United States, January 1997, with Comparisons (continued) ----------------------------------------------------------------------------- : : : Entire Month : Preliminary : : Average :---------------------------------- Commodity : Unit : 1990-92 : Jan : Dec : Jan : : : 1996 : 1996 : 1997 ----------------------------------------------------------------------------- : : Dollars : : Vegetables, Fresh 1/ : : : : Asparagus : Cwt : 79.80 84.50 184.00 Broccoli : Cwt : 22.50 34.60 40.00 34.90 Cantaloupes : Cwt : Carrots : Cwt : 13.20 12.60 14.20 14.50 Cauliflower : Cwt : 26.80 35.20 38.00 22.80 Celery : Cwt : 11.60 7.90 13.00 13.90 Corn, Sweet : Cwt : 15.70 37.10 18.70 20.90 Cucumbers 2/ : Cwt : 26.80 18.00 16.50 Lettuce : Cwt : 11.90 11.20 24.90 18.10 Onions : Cwt : 12.80 10.70 10.30 9.82 Snap Beans 2/ : Cwt : 70.40 49.40 47.50 Tomatoes : Cwt : 32.30 18.40 28.00 23.60 : : Livestock : : : : Calves : Cwt : 94.30 61.80 61.80 67.00 Cattle, All Beef : Cwt : 72.90 59.10 60.70 61.20 Cows : Cwt : 49.60 32.00 28.30 27.90 Steers & Heifers : Cwt : 77.10 62.60 65.50 65.80 Milk Cows 3/ : Head : 1130.00 1060.00 1090.00 : : Hogs, All : Cwt : 47.70 42.30 55.60 53.40 Barrows & Gilts : Cwt : 48.40 43.00 56.10 53.90 Sows : Cwt : 39.50 31.60 48.40 46.10 : : Lambs : Cwt : 56.20 76.10 88.30 Sheep : Cwt : 23.40 34.40 33.10 : : Dairy and Poultry : : : : Milk, All 4/ : Cwt : 13.06 14.00 14.10 5/13.60 Fluid Grade : Cwt : 13.10 14.00 14.20 5/13.70 Mfg Grade : Cwt : 11.80 12.70 11.90 5/12.00 : : Broilers, Live 6/ : Lb : .317 .374 .416 .404 Eggs, All 7/ : Doz : .643 .798 .877 .758 Market 7/8/ : Doz : .546 .702 .800 .658 Turkeys, Live 6/7/ : Lb : .380 .409 .436 .386 ----------------------------------------------------------------------------- Adjusted for Seasonal : : Variation : : Eggs, All : Doz : .545 .760 .835 .722 Milk, All 4/ : Cwt : 9.71 14.00 13.82 13.47 ----------------------------------------------------------------------------- 1/ F.O.B. shipping point. 2/ Monthly estimates began January 1995. 3/ Animals sold for dairy herd replacement only. Prices available for Jan, Apr, Jul, and Oct. 4/ Before deductions for hauling and government witholding, but includes bulk tank, quantity, and other premiums. Excludes hauling subsidies. 5/ Fat test percent: all milk 3.79, fluid milk 3.78, mfg grade 3.93. 6/ Equivalent liveweight returns to producers for most States. 7/ Mid-month price. 8/ Includes eggs sold retail by the producer. Wheat: Prices Received, by States, December 1996 and January 1997 ------------------------------------------------------------------------------- : All Wheat : Winter Wheat : Durum Wheat : Oth Spring Wheat State :------------------------------------------------------------------------ : Dec 1/ : Jan 2/ : Dec 1/ : Jan 2/ : Dec 1/ : Jan 2/ : Dec 1/ : Jan 2/ ------------------------------------------------------------------------------- : Dollars per Bushel : AR : 3.84 3.95 3.84 3.95 CA : 3/ 3/ 3/ 3/ 3/ 3/ CO : 4.04 4.04 4.04 4.04 3.88 4.12 ID : 3.80 3.77 3.82 3.75 3.78 3.79 IL : 3.75 3.70 3.75 3.70 IN : 3.17 3.67 3.17 3.67 KS : 4.20 4.16 4.20 4.16 MI : 3.77 3.60 3.77 3.60 MN : 3.99 3.89 3/ 3/ 3/ 3/ 3.99 3.90 MO : 3.78 3.78 3.78 3.78 MT : 4.43 4.16 4.35 4.20 5.34 4.60 4.42 4.10 NE : 4.02 4.00 4.02 4.00 ND : 4.02 3.94 3.62 3.65 4.51 4.40 3.85 3.80 OH : 3.69 3.80 3.69 3.80 OK : 4.10 4.17 4.10 4.17 OR : 4.03 3.90 4.03 3.90 SD : 3.94 3.85 3.89 3.84 3/ 3/ 3.97 3.86 TX : 4.18 4.16 4.18 4.16 WA : 3.82 3.82 3.78 3.80 4.08 4.08 : US : 4.06 3.97 4.04 3.97 4.59 4.44 4.01 3.88 ------------------------------------------------------------------------------- 1/ Entire month. 2/ Mid-month. 3/ Price not published to avoid disclosure of individual buyers. Prices Received for Selected Agricultural Commodities, by Months, United States, 1996 and 1997 ------------------------------------------------------------------------------- : All Wheat : Corn : Soybeans :Beef Cattle 1/: All Hogs Month:------------------------------------------------------------------------- : 1996 :1997 2/:1996 :1997 2/: 1996 :1997 2/: 1996 :1997 2/: 1996 :1997 2/ ------------------------------------------------------------------------------- : ---------- Dollars per Bushel --------- ---- Dollars per Cwt ----- : Jan : 4.83 3.97 3.09 2.63 6.78 7.16 59.10 57.20 42.30 53.40 Feb : 4.98 3.37 7.00 57.90 46.40 Mar : 5.07 3.51 7.00 56.70 48.60 Apr : 5.32 3.85 7.43 54.80 49.70 May : 5.75 4.14 7.69 54.60 56.70 Jun : 5.26 4.20 7.41 56.10 56.20 Jul : 4.73 4.43 7.62 58.90 58.70 Aug : 4.58 4.30 7.82 60.30 59.70 Sep : 4.37 3.55 7.79 63.70 54.70 Oct : 4.18 2.89 6.95 63.10 55.60 Nov : 4.14 2.66 6.90 63.20 54.40 Dec : 4.06 2.63 6.91 60.70 55.60 ------------------------------------------------------------------------------- 1/ Cows, steers and heifers. 2/ Current month prices are mid-month; prices for previous months are for the entire month. Grains: Prices Received, by States, December 1996 and January 1997 ------------------------------------------------------------------------------ : Barley 1/ : Corn : Oats : Soybeans : Sorghum Grain State :----------------------------------------------------------------------- :Dec 2/:Jan 3/:Dec 2/:Jan 3/:Dec 2/:Jan 3/:Dec 2/:Jan 3/: Dec 2/: Jan 3/ ------------------------------------------------------------------------------ : ----------------- Dollars per Bushel ---------------- Dollars per Cwt : AL : AR : 7.20 7.48 4.06 4.15 CA : 4/ 4/ CO : 3.10 3.02 2.62 2.57 GA : 3.39 3.24 6.78 7.10 ID : 3.10 3.11 IL : 2.78 2.75 2.22 2.20 7.07 7.25 3.91 3.95 IN : 2.64 2.70 6.98 7.17 IA : 2.54 2.47 2.03 1.95 6.76 6.95 KS : 2.72 2.61 6.76 7.11 3.82 3.84 KY : 2.79 2.85 7.23 7.55 LA : 7.07 7.45 MI : 2.59 2.60 2.25 2.25 6.88 7.20 MN : 2.26 2.18 2.44 2.40 1.63 1.70 6.64 6.80 MS : 7.21 7.28 MO : 2.55 2.65 6.79 7.05 3.79 3.80 MT : 3.21 2.82 1.85 1.85 NE : 2.61 2.65 1.95 2.00 6.78 6.98 4.06 4.10 NC : 3.18 3.10 6.54 7.26 ND : 2.24 2.22 1.49 1.65 OH : 2.62 2.70 2.14 2.30 7.00 7.25 OK : 3.90 3.90 OR : 2.72 2.75 2.15 2.05 PA : 2.87 3.02 2.24 2.38 SD : 2.37 2.40 2.36 2.38 1.60 1.80 6.67 6.95 TN : 7.12 7.45 TX : 2.82 2.81 4.13 4.21 UT : 2.60 2.65 WA : 2.42 2.50 WI : 2.60 2.55 2.11 2.20 6.82 7.10 WY : 3.51 3.40 : US : 2.73 2.60 2.63 2.63 1.72 1.83 6.91 7.16 3.94 3.97 ------------------------------------------------------------------------------ 1/ The Three-State (MN, ND and SD) Feed Barley price for January 1997 is $2.07. 2/ Entire month. 3/ Mid-month. 4/ Price not published to avoid disclosure of individual operations. Malting and Feed Barley: Prices Received Selected States, December and January 1997 ------------------------------------------------------------------------------ : Malting Barley : Feed Barley State :----------------------------------------------------------------------- : Dec : Jan : Dec : Jan ------------------------------------------------------------------------------ : Dollars per Bushel : ID : 3.26 3.26 2.56 2.44 MN : 2.41 2.40 2.21 2.10 MT : 3.44 3.40 2.39 2.35 ND : 2.36 2.35 2.08 2.05 SD : 2.51 2.50 2.14 2.00 WY : 1/ 1/ 2.78 2.75 ------------------------------------------------------------------------------ 1/ Price not published to avoid disclosure of individual operations. Field Crops: Prices Received, by States, December 1996 and January 1997 ------------------------------------------------------------------------------ : Dry Edible : : : : : Beans : Sunflower : Flaxseed : Tobacco : Peanuts 4/5/ State :----------------------------------------------------------------------- :Dec 1/:Jan 2/:Dec 1/:Jan 2/:Dec 1/:Jan 2/:Dec 1/:Jan 3/: Dec 1/: Jan 3/ ------------------------------------------------------------------------------ : ---- Dollars per Cwt ---- Dollars per Bu --- Dollars per Pound --- : AL : .199 6/ CA : 38.70 38.90 CO : 22.20 21.50 FL : .177 7/ GA : .223 6/ ID : 24.00 24.20 IN : 1.920 1.920 KS : 7/ 7/ KY : 1.930 1.965 MD : MI : 22.00 20.50 MN : 21.90 20.40 14.20 13.40 MO : 1.920 1.910 NE : 19.90 19.40 NC : 1.920 1.920 .202 6/ ND : 20.60 20.10 11.90 12.00 6.79 6.50 OH : 1.925 1.925 OK : SC : SD : 10.30 10.30 6/ 6.47 TN : 1.915 2.070 TX : .316 .336 VA : 1.920 1.865 .226 .240 WV : 1.920 1.920 : US : 24.00 22.70 11.60 11.60 6.79 6.50 1.975 1.975 .256 .286 ------------------------------------------------------------------------------ 1/ Entire month. 2/ Mid-month. 3/ Based on sales through first half of month. 4/ In-shell. 5/ Includes additional loan peanuts at loan value. 6/ Sales volume insufficient to establish a state price, but all sales included in U.S. price. 7/ Price not published to avoid disclosure of individual buyers. Tobacco: Prices Received, by Area and Type, January 1997, with Comparisons ------------------------------------------------------------------------------ : : Jan : Dec : Jan Class by Type : Type : 1996 : 1996 : 1997 ------------------------------------------------------------------------------ : : Dollars per Pound : : Fire-cured : : VA Belt : 21 : 1.560 1.780 1.720 Eastern District : 22 : 2.365 2.390 Western District : 23 : 2.295 2.360 KY-TN Fire-cured : 22-23: 2.330 2.375 Total Fire-cured : 21-23: 2.315 1.780 2.360 : : Light Air-cured : : Burley : 31 : 1.870 1.920 1.925 Total Light Air-cured : 31-32: 1.870 1.920 1.925 : : Dark Air-cured : : One Sucker Belt : 35 : 1.750 2.005 2.020 Green River Belt : 36 : 1.705 2.000 1.985 KY-TN Dark Air-cured: 35-36: 1.735 2.000 2.010 Sun cured -Belt : : VA : 37 : 1.445 1.765 1.765 Total Dark Air-cured : 35-37: 1.735 2.000 2.010 : : US : 11-37: 1.900 1.925 1.975 ------------------------------------------------------------------------------ Field Crops and Apples: Prices Received, by States, December 1996 and January 1997 ---------------------------------------------------------------------------- : : January : Cotton, Upland :------------------------------------------------- State : : Cotton- : Hay, Baled 3/ : Apples :-------------------: seed :----------------------------: Fresh : Dec 1/ : Jan 2/ : : All : Alfalfa : Other : Use 1/4/ ---------------------------------------------------------------------------- : Dollars per Pound -------- Dollars per Ton ------- Dol/Lb : AL : .727 .679 AZ : .722 .695 106.00 116.00 56.00 AR : .711 .687 102.00 CA : .775 .783 189.00 118.00 119.00 94.00 .307 CO : 107.00 107.00 98.00 GA : .704 .713 100.00 ID : 92.00 93.00 85.00 IL : 118.00 125.00 92.00 IA : 114.00 119.00 77.00 KS : 90.00 93.00 70.00 KY : 78.00 108.00 69.00 LA : .648 .667 MI : 132.00 135.00 115.00 .170 MN : 86.00 98.00 74.00 MS : .660 .659 MO : 73.00 105.00 66.00 MT : 104.00 106.00 88.00 NE : 68.00 71.00 51.00 NV : 102.00 104.00 85.00 NM : 137.00 141.00 101.00 NY : 89.00 108.00 76.00 .169 NC : .703 .659 100.00 ND : 53.00 56.00 40.00 OH : 166.00 205.00 115.00 .289 OK : 99.00 122.00 65.00 OR : 106.00 110.00 80.00 PA : 127.00 142.00 114.00 .210 SD : 82.00 88.00 58.00 TN : .675 .668 TX : .654 .642 127.00 84.00 153.00 80.00 UT : 82.00 83.00 53.00 VA : .242 WA : 116.00 114.00 141.00 .241 WI : 99.00 105.00 75.00 WY : 83.00 83.00 74.00 : US : .694 .699 132.00 99.70 106.00 80.10 .232 ---------------------------------------------------------------------------- 1/ Entire month. 2/ Based on sales during the first half of the month. 3/ Mid-month. 4/ Equivalent packinghouse-door returns for CA, NY, and WA. Price at point of first sale for other states. Upland Cotton and Rice: Prices Received and Marketings, United States, January 1997, with Comparisons ---------------------------------------------------------------------------- Item : Unit : Nov 1996 1/ : Dec 1996 1/ : Jan 1997 2/ ---------------------------------------------------------------------------- : : Cotton, Upland : : Average Price : Dollars/Pound : .697 .694 .699 Marketings 3/ : 1,000 Bales : 3096 2388 NA : : Rice : : Average Price : Dollars/Cwt : 9.36 9.63 9.65 Marketings 4/ : 1,000 Cwt : 11768 12758 NA ---------------------------------------------------------------------------- 1/ Entire month. 2/ Based on purchases for the first half of the month. 3/ Expanded data from sample of about 56 percent of buyers. 4/ Purchases by private firms and rice (rough equivalent) shipped by cooperatives. Citrus Fruit: Prices and Equivalent Returns, by Utilization, by State and United States, January 1997 ------------------------------------------------------------------------------ : : Equivalent Returns Commodity, : F.O.B. :----------------------------------------------- State : Packed : Packinghouse-door : On-tree and Area : Fresh :----------------------------------------------- : : All : Fresh : Process : All : Fresh :Process ------------------------------------------------------------------------------ : Dollars per Box 1/ Grapefruit : AZ : 13.00 7.56 7.56 5.62 5.62 CA 2/ : 13.70 6.89 8.26 -0.28 4.95 6.32 -2.22 FL : 13.30 4.18 6.88 1.33 1.81 4.88 -1.44 White Seedless : 14.60 4.25 8.20 1.35 1.85 6.20 -1.35 Colored Seedless: 12.70 4.22 6.30 1.30 1.85 4.30 -1.60 Other : 1.50 1.50 -0.30 -0.30 TX : 13.60 4.11 4.90 1.50 2.97 3.75 0.40 : CA-AZ 2/ : 13.50 7.02 8.10 -0.28 5.08 6.16 -2.22 : US : 13.40 4.18 6.34 1.35 2.07 4.58 -1.24 : Lemons : AZ : 25.20 11.10 16.76 1.08 7.46 13.12 -2.56 CA : 26.80 9.01 18.36 1.08 5.37 14.72 -2.56 : US : 25.90 9.98 17.48 1.08 6.34 13.84 -2.56 : Limes : FL : 41.00 25.17 29.80 2.00 19.33 23.80 -3.00 : Oranges : AZ : Navel and Misc : 17.10 10.01 11.08 -0.48 8.03 9.10 -2.46 CA : Navel and Misc : 16.40 9.52 10.38 -0.48 7.54 8.40 -2.46 FL : Early and Mids : 10.30 5.46 3.90 5.50 3.46 1.90 3.50 TX : Early and Mids : 12.40 3.47 3.70 3.10 2.19 2.40 1.85 : CA-AZ : Navel and Misc : 16.40 9.53 10.40 -0.48 7.55 8.42 -2.46 : US : 14.50 5.71 8.13 5.45 3.72 6.22 3.45 : Tangelos : FL : 13.50 4.51 7.10 4.10 1.24 4.65 0.70 : Tangerines : AZ : 23.20 16.44 17.30 0.02 14.36 15.22 -2.06 CA : 23.20 14.27 17.30 -0.32 12.19 15.22 -2.40 FL : 24.60 10.42 16.50 3.60 6.55 13.20 -0.90 : US : 24.40 10.93 16.64 3.48 7.26 13.54 -0.95 : Temples : FL : 18.50 9.22 12.10 4.10 6.72 10.10 0.70 ------------------------------------------------------------------------------ 1/ Approximate net contents per box are as follows: Grapefruit - AZ and CA 67 lbs, FL 85 lbs, TX 80 lbs; Lemons - 76 lbs; Limes - 88 lbs; Oranges - AZ and CA 75 lbs, FL 90 lbs, TX 85 lbs; Tangelos - 90 lbs; Tangerines - AZ and CA 75 lbs, FL 95 lbs; Temples - 90 lbs. 2/ California Desert Valley and Other Areas Grapefruit estimates combined with All Grapefruit beginning in 1995-96. Potatoes: Prices Received, by States, December 1996 and January 1997 ------------------------------------------------------------------------------ : : :: : : State : Dec : Jan :: State : Dec : Jan : : :: : : ------------------------------------------------------------------------------ : Dollars per Cwt :: : Dollars per Cwt : :: : AL : :: NC : AZ : :: ND - All 1/ : 4.70 4.80 CA - All : 7.75 8.45 :: - Fresh 2/ : 4.60 NA - Winter : 19.60 20.10 :: - Processing : 4.55 NA - Spring : :: OH : 6.50 7.40 - Summer : :: OR : 4.05 4.00 - Fall : 4.95 4.80 :: PA : 7.20 7.50 CO - All 1/ : 1.65 1.70 :: TX : - Fresh 2/ : 1.39 NA :: VA : FL : :: WA - All : 4.90 4.85 ID - All 1/ : 3.60 3.35 :: - Processing : 5.30 NA - Fresh 2/ : 2.80 NA :: WI - All 1/ : 4.40 3.60 - Processing : 4.40 NA :: - Fresh 2/ : 3.30 NA ME : 4.45 4.60 :: - Processing : 4.90 NA MI : 5.60 5.75 :: : MN : 4.30 4.35 :: US - All 1/ : 4.26 4.22 NY : 6.70 6.70 :: - Fresh 2/ : 3.62 NA : :: - Processing : 4.80 NA ------------------------------------------------------------------------------ 1/ Average price of potatoes sold for all uses, including table stock, processing, seed and livestock feed. 2/ Fresh market prices only, includes table stock prices. Cattle: Prices Received, by States, December 1996 and January 1997 ------------------------------------------------------------------------------ : Cows 1/ : Steers & Heifers: Beef Cattle 4/ : Calves State :----------------------------------------------------------------------- : Dec 2/ : Jan 3/ : Dec 2/ : Jan 3/ : Dec 2/ : Jan 3/ : Dec 2/ : Jan 3/ ------------------------------------------------------------------------------ : Dollars per Cwt : AZ : 27.00 28.50 64.00 63.50 59.90 58.60 59.50 61.00 AR : 29.20 32.70 57.30 62.30 43.80 48.10 47.40 54.20 CA : 29.00 28.00 58.00 58.50 44.10 43.30 56.00 57.00 CO : 30.10 30.10 66.00 66.00 63.10 63.10 67.30 72.10 FL : 28.30 29.30 46.60 50.70 33.10 34.00 56.10 60.00 GA : 27.40 28.70 48.20 53.60 33.60 37.40 51.50 58.10 ID : 26.20 26.20 60.00 59.40 50.50 50.10 59.00 60.00 IL : 28.50 29.00 66.50 65.60 65.70 64.90 89.00 87.00 IA : 27.70 29.00 67.40 65.20 53.00 52.20 54.60 55.60 KS : 28.00 26.40 65.20 64.50 64.10 63.00 64.00 68.00 KY : 27.00 29.00 49.00 57.00 43.70 50.30 46.00 55.00 LA : 27.80 30.00 51.30 56.00 35.30 37.80 54.40 60.00 MI : 29.30 31.50 56.70 60.00 51.20 54.30 48.00 49.00 MN : 28.50 29.00 64.30 62.50 60.20 58.50 42.50 48.50 MO : 27.80 28.00 56.70 61.80 48.00 51.70 56.20 64.50 MT : 32.60 32.00 62.30 65.50 57.30 59.10 64.70 67.80 NE : 26.70 26.80 69.20 66.80 67.70 65.20 71.40 78.00 NM : 35.60 38.30 57.90 59.90 47.60 50.60 58.70 61.50 ND : 27.20 28.00 59.30 58.50 45.80 52.40 58.30 59.00 OH : 27.10 28.00 58.70 59.00 55.50 55.90 43.10 45.00 OK : 27.40 27.80 62.60 65.90 53.90 56.40 61.10 67.40 OR : 31.00 31.00 55.00 56.00 47.80 48.50 54.00 55.00 PA : 29.70 30.50 65.90 65.00 56.50 56.00 66.00 69.00 SD : 26.30 24.90 65.40 65.30 55.20 58.40 65.40 66.20 TN : 25.40 29.30 51.20 57.50 40.90 46.20 50.10 58.00 TX : 27.40 31.00 63.60 69.10 60.70 66.10 59.00 63.90 VA : 27.00 27.20 49.80 51.00 40.00 40.80 47.00 51.30 WI : 29.70 34.10 61.10 63.40 42.90 46.40 91.90 92.20 WY : 30.40 31.00 64.60 65.00 55.00 58.20 68.10 68.50 : US : 28.30 27.90 65.50 65.80 60.70 61.20 61.80 67.00 ------------------------------------------------------------------------------ 1/ Beef cows and cull dairy cows sold for slaughter. 2/ Entire month. 3/ Mid-month. 4/ "Cows" and "steers and heifers" combined. Hogs: Prices Received, by States, December 1996 and January 1997 ------------------------------------------------------------------------------ : Sows : Barrows and Gilts : All Hogs State :----------------------------------------------------------------------- : Dec 1/ : Jan 2/ : Dec 1/ : Jan 2/ : Dec 1/ : Jan 2/ ------------------------------------------------------------------------------ : Dollars per Cwt : GA : 46.70 45.20 51.50 48.90 51.00 48.50 IL : 47.20 45.90 54.10 52.50 53.50 52.00 IN : 49.30 46.50 53.80 51.80 53.40 51.30 IA : 50.30 47.50 57.30 55.90 57.00 55.60 KS : 49.10 48.10 54.70 53.30 54.00 52.70 KY : 47.00 45.00 55.00 52.00 54.70 51.70 MI : 47.40 46.70 56.10 55.00 55.40 54.30 MN : 49.50 47.80 57.30 54.00 57.00 53.80 MO : 49.60 46.40 54.40 52.40 54.20 52.20 NE : 49.20 46.80 57.70 56.10 57.50 55.90 NC : 51.10 46.00 56.70 53.60 56.60 53.50 OH : 46.10 44.00 55.20 54.00 54.70 53.50 PA : 47.20 44.50 53.50 52.40 52.60 51.20 SC : 48.80 46.00 51.90 50.10 51.70 49.90 SD : 44.90 39.80 58.30 56.30 56.80 54.20 TN : 47.40 44.50 52.60 50.70 52.10 50.10 TX : 42.90 42.00 52.20 48.50 50.50 47.30 VA : 43.80 41.50 54.80 51.00 54.60 50.80 WI : 44.00 43.20 54.10 52.60 52.80 51.40 : US : 48.40 46.10 56.10 53.90 55.60 53.40 ------------------------------------------------------------------------------ 1/ Entire month 2/ Mid-month. Sheep and Poultry: Prices Received, by States, December 1996 and January 1997 ------------------------------------------------------------------------------ : December : January :----------------------------------------------------------------------- State : Sheep : Lambs : Turkeys : Broilers: Eggs : 1/ : 1/ : 2/3/ : 1/4/ : 2/5/ ------------------------------------------------------------------------------ : ---- Dollars per Cwt ---- Dollars per Pound Dol/Doz : AL : .415 .750 AZ : AR : .40 .400 .700 CA : 34.00 88.00 .45 .400 .650 CO : 28.70 86.10 CT : .610 DE : .410 FL : .580 GA : .420 .627 ID : 27.30 80.00 IN : .43 .710 IA : 33.00 86.10 .43 .570 KS : 30.00 87.00 ME : .730 MD : .410 MI : .610 MN : 32.00 92.40 .41 .580 MS : .405 .712 MO : .35 .559 MT : 37.80 96.90 NE : 28.80 85.20 NM : NY : .746 NC : .35 .370 .606 OH : 30.60 86.10 .700 OR : 23.00 83.00 PA : .44 .410 .720 SC : .703 SD : 38.70 101.20 TX : 43.00 88.20 .410 .630 UT : 29.00 89.00 VA : .35 .390 WA : .710 WY : 37.50 87.30 : US : 33.10 88.30 .386 .404 .658 ------------------------------------------------------------------------------ 1/ Entire month. 2/ Mid-month. 3/ IN, IA, MN and PA are actual liveweight prices. All other State prices are equivalent liveweight returns to producers (see footnote 4 for formula). 4/ Equivalent liveweight returns to producers. Derived from ready-to-cook (RTC) prices using the following formula: (RTC price minus processing cost) * (dressing percentage) = equivalent liveweight price. 5/ Market (table) eggs. Milk and Milk Cows: Prices Received, by States, December 1996 and January 1997 ------------------------------------------------------------------------------ : December : January :----------------------------------------------------------------------- State : Fluid Grade : Manufacturing : All Milk : All Milk : : Milk 1/ : Grade Milk : 2/ : 2/3/ : Milk :---------------------------------------------------------------:Cows 4/ : Price:Fat Test: Price:Fat Test: Price:Fat Test: Price:Fat Test: ------------------------------------------------------------------------------ :Dol/Cwt Pct Dol/Cwt Pct Dol/Cwt Pct Dol/Cwt Pct Dol/Head : AL : 16.50 3.52 16.50 3.52 14.50 3.60 1080 AZ : 12.70 3.70 1190 AR : 15.80 3.70 13.50 3.90 15.80 3.70 14.10 3.70 1000 CA : 13.30 3.85 12.80 4.40 13.28 3.87 13.20 3.88 1230 CO : 13.70 3.69 13.70 3.69 13.40 3.68 1170 FL : 18.90 3.58 18.90 3.58 16.50 3.57 1160 GA : 16.10 3.67 16.10 3.67 13.60 3.69 1160 ID : 12.30 3.72 12.10 4.01 12.30 3.74 12.70 3.73 1120 IL : 13.80 3.87 12.70 3.87 13.70 3.87 12.70 3.80 1060 IN : 14.90 3.83 11.50 3.85 14.70 3.83 13.70 3.81 1050 IA : 13.30 3.87 11.70 3.99 13.20 3.88 13.00 3.86 1050 KS : 13.20 3.80 12.00 3.98 13.20 3.81 13.00 3.81 1120 KY : 15.60 3.72 10.70 3.90 15.50 3.72 13.30 3.74 1000 LA : 16.20 3.49 16.20 3.49 15.70 3.45 1080 MD : 15.20 3.78 15.20 3.78 13.00 3.78 1150 MI : 14.80 3.78 10.60 3.94 14.80 3.78 13.50 3.74 1090 MN : 13.25 3.84 11.55 3.91 13.06 3.85 13.60 3.84 1010 MS : 16.30 3.55 16.30 3.55 13.80 3.50 1050 MO : 15.00 3.77 11.50 4.01 14.80 3.78 14.40 3.75 890 NE : 13.50 3.90 11.70 4.07 13.40 3.91 12.20 3.89 1140 NM : 13.10 3.58 13.10 3.58 13.00 3.59 1150 NY : 14.40 3.81 14.40 3.81 13.00 3.80 1000 NC : 17.20 3.73 10.80 4.10 17.10 3.73 14.70 3.75 1130 ND : 13.30 3.83 11.40 3.90 12.50 3.86 12.30 3.81 910 OH : 15.00 3.82 12.00 3.87 14.70 3.82 13.10 3.81 1030 OK : 15.50 3.64 15.50 3.64 13.00 3.63 1020 OR : 13.70 3.79 12.40 4.20 13.70 3.79 13.20 3.75 1150 PA : 15.50 3.77 11.40 4.02 15.50 3.77 15.00 3.78 1100 TN : 15.70 3.70 10.80 3.91 15.70 3.70 15.40 3.75 1030 TX : 14.90 3.66 14.90 3.66 14.70 3.67 1100 UT : 13.20 3.76 11.80 3.83 13.00 3.77 12.80 3.73 1090 VT : 15.10 3.84 15.10 3.84 13.70 3.82 1080 VA : 15.10 3.68 11.00 3.60 15.10 3.68 15.00 3.60 1180 WA : 13.70 3.79 13.70 3.79 13.30 3.75 1200 WI : 13.33 3.89 12.18 4.03 13.24 3.90 13.60 3.87 1060 : US : 14.20 3.80 11.90 3.99 14.10 3.80 13.60 3.79 1090 ------------------------------------------------------------------------------ 1/ Including milk diverted to manufacturing. 2/ Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 3/ Preliminary. 4/ Animals sold for dairy herd replacement only. Prices published Jan, Apr, Jul and Oct. Parity Price Equivalent for Manufacturing Milk 1/: United States, December 1996 and January 1997, with Comparisons ------------------------------------------------------------------------------ Item : Jan 1996 : Dec 1996 : Jan 1997 ------------------------------------------------------------------------------ : Parity Equivalent.........Dol per Cwt : 25.50 26.35 26.51 Average Price F.O.B.......Dol per Cwt : 12.70 11.90 2/12.00 Average Fat Test of Milk..Percent : 3.92 3.99 2/3.93 ------------------------------------------------------------------------------ 1/ The parity price equivalent during 1997 is 90.8 percent of the parity price of all milk sold to plants, compared with 91.4 percent in 1996. For additional details, see "parity price equivalent for manufacturing grade milk" in this issue. 2/ Preliminary. United States Parity Prices for Farm Products and Average Prices Received as Percent of Parity Prices Based on Data for January 1997, with Comparisons 1/ ------------------------------------------------------------------------------- : : Parity Prices :Prices as Percent :Adjusted: Based on Data for : of Parity Commodity and Unit : Base :------------------------------------------ : Prices : Jan : Dec : Jan : Jan : Dec : Jan : : 1996 : 1996 : 1997 : 1996: 1996: 1997 ------------------------------------------------------------------------------- : ----------- Dollars ---------- ---- Percents ---- Basic Commodities : All Wheat, Bu : .623 8.98 9.27 9.44 54 44 42 Rice, Cwt : 1.69 24.70 25.50 25.60 38 38 38 Corn, Bu : .418 5.97 6.17 6.33 52 43 42 Cotton, Lb : American Upland : .112 1.66 1.71 1.70 46 41 41 Extra Long Staple : .150 2.21 2.28 2.27 Peanuts, Lb : .0430 .645 .666 .651 46 38 44 Tobacco, By Type, Lb : Flue-Cured 11-14 : .250 3.65 3.77 3.79 VA Fire-Cured, 21 : .233 3.34 3.45 3.53 47 52 49 KY-TN Fire-Cured, 22-23 : .303 4.33 4.47 4.59 54 52 Burley, 31 : .259 3.78 3.90 3.92 49 49 49 Maryland, 32 : .225 3.17 3.27 3.41 Dark Air-Cured, 35-36 : .253 3.59 3.71 3.83 48 54 52 Sun-Cured, 37 : .209 2.99 3.09 3.17 48 56 PA Seedleaf, 41 : .176 2.34 2.42 2.67 Cigar Filler & Binder, : 42-44, 54-55 .208 2.88 2.97 3.15 Puerto Rican Filler, 46 : .173 2.51 2.60 2.62 Cigar Binder, 51-52 : .429 5.42 5.60 6.50 : Designated Nonbasic : All Milk, Sold to : Plants, Per Cwt : 1.93 27.90 28.80 29.20 2/50 2/48 2/46 Honey, Extracted, Lb : 3/.0859 1.18 1.22 1.30 : Wool and Mohair : Wool, Lb : .270 4.10 4.23 4.09 Mohair, Lb : .721 10.30 10.60 10.90 : Other Nonbasic : Barley, Bu : .381 5.42 5.60 5.77 58 49 45 Cottonseed, Ton : 15.30 216.00 224.00 232.00 49 59 57 Dry Edible Beans, Cwt : 3.28 47.40 48.90 49.70 41 49 46 Flaxseed, Bu : .748 10.80 11.10 11.30 49 61 58 Oats, Bu : .237 3.33 3.44 3.59 58 50 51 Potatoes, Cwt : .839 12.60 13.00 12.70 52 33 33 Rye, Bu : .303 4.08 4.22 4.59 Sorghum Grain, Cwt : .661 9.33 9.63 10.00 62 41 40 Soybeans, Bu : .901 12.90 13.30 13.70 53 52 52 Sweetpotatoes, Cwt : 1.25 19.60 20.30 18.90 Apples, Fresh, Lb 5/ : .0290 .416 .429 .439 61 55 Citrus (equiv on-tree),box: Grapefruit : .704 9.75 10.10 10.70 23 22 19 Lemons : 1.15 17.90 18.50 17.40 8 36 36 Limes (FL) : 1.30 20.50 21.20 19.70 138 12 98 Oranges : .900 12.00 12.40 13.60 30 29 27 Tangerines : 1.90 28.20 29.10 28.80 47 26 25 Temples (FL) : .755 9.79 10.10 11.40 63 59 Beef Cattle, Cwt : 9.99 147.00 152.00 151.00 40 40 41 Calves, Cwt : 12.70 189.00 195.00 192.00 33 32 35 Hogs, Cwt : 6.79 100.00 103.00 103.00 42 54 52 Lambs, Cwt : 10.00 148.00 153.00 152.00 51 58 Sheep, Cwt : 4.06 59.40 61.40 61.50 58 54 Eggs, Doz : .0935 1.35 1.40 1.42 2/56 2/60 2/51 Turkeys, Live, Lb : .0573 .851 .879 .868 48 50 44 ------------------------------------------------------------------------------- --continued Parity Prices Based on Data for January 1997, United States 1/ (continued) ------------------------------------------------------------------------------- Other Nonbasic : Adj Base : Parity : Other Nonbasic : Adj Base : Parity Commodities : Prices : Prices : Commodities : Prices : Prices ------------------------------------------------------------------------------- : Dollars : : Dollars : : : Field Crops and : :Noncitrus Fruit : Misc Commodities : : Pears, Ton : Hops, Lb : .239 3.62 : Fresh 5/ : 50.20 761.00 Tobacco, Lb : : Dried, CA 7/ : 140.00 2120.00 Type 61 : 2.58 39.10 : Plums, CA, Ton : : : Fresh, Equiv : Noncitrus Fruit : : on-Tree : 53.60 812.00 Apples, Ton 7/ : : Prunes, Dried, : Processing : 18.30 277.00 : CA, Ton 7/ : 122.00 1850.00 Apricots, Ton : : Prunes and Plums,: Fresh 8/ : 147.00 2230.00 : Excl CA, Ton : Dried, CA : 309.00 4680.00 : Fresh 10/ : 55.70 844.00 Avocados, Ton 8/ : 141.00 2140.00 : Processing 7/ : Cherries : : Excl Dried : 21.10 320.00 Sweet, Ton : 147.00 2230.00 : : Tart, Lb : .0363 .550 :Tree Nuts 11/ : Cranberry, Bbl 6/: 7.10 108.00 : Almonds, Lb : .212 3.21 Dates, CA, Ton 8/: 130.00 1970.00 : Hazelnuts, Ton : 116.00 1760.00 Grapes, Ton : : Walnuts, Ton : 148.00 2240.00 Raisin Variety : 137.00 2080.00 : : Other, Dried : 52.60 797.00 :Vegetables, Cwt 12/: Nectarines : : Fresh : Fresh, Calif, : : Carrots 9/ : 1.55 23.50 Ton 8/ : 61.60 933.00 : Cauliflower 9/ : 4.18 63.30 Olives, CA : : Celery 9/ : 1.83 27.70 Canning, Ton 6/: 93.70 1420.00 : Honeydew Melons : 2.40 36.40 Peaches : : Lettuce : 2.14 32.40 Fresh, Lb 5/ : .0401 .608 : Onions 9/ : 1.71 25.90 Dried, CA, : : Tomatoes : 4.33 65.60 Ton : 131.00 1980.00 : : Processing 6/ : : : Excl Dried : : : Clingstone, : : : CA, Ton : 30.80 467.00 : : ------------------------------------------------------------------------------- 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 and July 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/ Average local market price, excluding incentive payments. 5/ Equivalent packinghouse-door returns for CA, NY (apples only), OR (except peaches), and WA. Price at point of first sale for other states. 6/ Equivalent returns for bulk fruit at first delivery point. 7/ Equivalent returns at processing plant door. 8/ Equivalent returns at packinghouse door. 9/ Includes some processing. 10/ Based on "as sold" prices for fresh fruit in all states. 11/ Prices in-shell basis except almonds which are shelled basis. 12/ F.O.B. shipping point prices. Corn: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : CO : 3.22 3.60 3.63 4.11 4.61 4.72 GA : 4.01 4.13 4.33 4.64 5.56 5.39 IL : 3.14 3.53 3.73 4.09 4.45 4.42 IN : 3.20 3.42 3.81 4.31 4.52 4.70 IA : 3.00 3.25 3.33 3.66 4.02 4.08 KS : 3.20 3.65 3.89 4.24 4.81 4.78 KY : 3.23 3.59 3.98 4.00 4.55 4.67 MI : 3.16 3.22 3.51 4.00 4.44 4.68 MN : 2.84 3.08 3.20 3.53 3.61 3.71 MO : 3.31 3.62 3.84 4.26 4.81 4.73 NE : 3.02 3.30 3.39 3.78 4.24 4.54 NC : 3.59 3.92 4.08 4.63 5.02 5.19 OH : 3.21 3.49 3.64 4.16 4.71 4.87 PA : 3.75 3.95 4.11 4.58 5.31 5.10 SD : 3.01 3.24 3.39 3.95 4.04 4.59 TX : 3.34 3.88 4.39 4.65 4.81 4.94 WI : 2.85 3.23 3.38 3.83 3.80 4.35 : : 1995 : CO : 2.25 2.29 2.34 2.40 2.50 2.61 GA : 2.47 2.69 2.73 2.75 2.86 2.98 IL : 2.20 2.26 2.32 2.43 2.47 2.61 IN : 2.25 2.27 2.34 2.41 2.45 2.56 IA : 2.08 2.13 2.21 2.27 2.33 2.44 KS : 2.28 2.29 2.37 2.37 2.48 2.66 KY : 2.44 2.42 2.49 2.54 2.62 2.72 MI : 2.07 2.16 2.20 2.30 2.36 2.53 MN : 1.99 2.04 2.11 2.19 2.24 2.35 MO : 2.21 2.20 2.32 2.37 2.48 2.68 NE : 2.21 2.22 2.29 2.37 2.43 2.53 NC : 2.52 2.60 2.61 2.74 2.88 2.91 OH : 2.19 2.26 2.34 2.42 2.49 2.59 PA : 2.54 2.62 2.72 2.72 2.92 3.10 SD : 1.95 2.03 2.09 2.18 2.27 2.40 TX : 2.51 2.54 2.78 2.64 2.75 3.01 WI : 2.07 2.13 2.24 2.35 2.38 2.48 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 3.09 3.37 3.51 3.85 4.14 4.20 1995 : 2.19 2.23 2.30 2.36 2.42 2.51 1994 : 2.70 2.79 2.74 2.65 2.60 2.61 1993 : 2.03 2.00 2.10 2.16 2.14 2.09 1992 : 2.40 2.46 2.49 2.48 2.49 2.47 1991 : 2.27 2.32 2.39 2.42 2.38 2.31 ------------------------------------------------------------------------------ continued Corn: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : CO : 4.83 4.49 4.00 2.94 2.91 2.62 GA : 4.66 3.72 3.74 3.29 3.22 3.39 IL : 4.70 4.51 3.50 2.94 2.73 2.78 IN : 4.70 4.55 3.43 2.80 2.69 2.64 IA : 4.39 4.46 3.92 2.84 2.61 2.54 KS : 4.84 4.46 3.52 3.00 2.76 2.72 KY : 5.12 4.08 3.36 2.94 2.79 2.79 MI : 4.84 4.37 4.24 2.66 2.56 2.59 MN : 3.94 3.95 3.56 2.69 2.53 2.44 MO : 4.90 4.39 3.40 2.76 2.59 2.55 NE : 4.65 4.55 3.73 2.92 2.68 2.61 NC : 5.13 4.03 3.65 3.41 3.17 3.18 OH : 4.90 4.85 3.70 2.73 2.68 2.62 PA : 5.42 5.35 4.30 2.94 2.81 2.87 SD : 4.54 4.40 3.69 2.54 2.30 2.36 TX : 4.11 4.00 3.47 3.13 2.95 2.82 WI : 4.45 4.19 4.14 2.92 2.70 2.60 : : 1995 : CO : 2.87 2.85 3.02 2.92 2.95 3.20 GA : 2.95 2.90 3.04 3.26 3.39 3.79 IL : 2.74 2.66 2.71 2.86 3.00 3.09 IN : 2.76 2.73 2.76 2.85 3.11 3.33 IA : 2.54 2.53 2.60 2.71 2.78 2.96 KS : 2.98 2.92 2.98 2.90 3.09 3.29 KY : 2.82 2.78 2.72 2.91 3.12 3.23 MI : 2.59 2.68 2.75 2.76 2.90 2.97 MN : 2.48 2.44 2.47 2.50 2.59 2.79 MO : 2.84 2.79 2.82 2.98 3.17 3.23 NE : 2.69 2.70 2.78 2.76 2.85 2.96 NC : 3.10 2.88 2.92 3.18 3.44 3.60 OH : 2.70 2.75 2.84 2.83 2.94 3.15 PA : 3.16 3.23 3.15 3.17 3.26 3.68 SD : 2.50 2.46 2.53 2.62 2.69 2.89 TX : 2.81 2.87 3.05 3.10 3.11 3.43 WI : 2.49 2.59 2.56 2.62 2.70 2.90 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 4.43 4.30 3.55 2.89 2.66 2.63 1995 : 2.63 2.63 2.69 2.79 2.87 3.07 1994 : 2.29 2.16 2.19 2.06 1.99 2.13 1993 : 2.22 2.25 2.21 2.28 2.45 2.67 1992 : 2.33 2.15 2.16 2.05 1.98 1.97 1991 : 2.27 2.33 2.33 2.31 2.29 2.33 ------------------------------------------------------------------------------ Sorghum: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : : 1996 : AR : 6.15 1/ 1/ 1/ 1/ 1/ CO 2/ : 6.10 6.23 6.62 7.22 8.15 8.11 IL 3/ : KS : 5.75 6.22 6.56 7.30 7.69 7.50 MO : 5.76 6.19 6.13 7.19 7.91 7.66 NE : 5.54 6.06 6.30 7.21 7.44 7.47 NM 4/ : 5.67 6.83 7.19 7.57 8.83 8.65 OK : 5.96 6.26 6.52 7.29 6.98 7.96 TX : 6.11 6.49 6.62 7.49 7.65 6.69 : : 1995 : AR : 4.01 4.02 4.19 4.30 4.71 4.68 CO : 3.65 3.76 3.84 4.16 4.21 4.22 KS : 3.57 3.62 3.66 3.75 4.03 4.19 MO : 3.96 3.91 3.96 4.02 4.23 4.60 NE : 3.49 3.61 3.67 3.74 3.93 4.08 NM : 3.98 4.01 4.31 4.49 4.59 5.16 OK : 3.79 3.83 3.87 4.01 4.30 4.34 TX : 3.99 4.05 4.11 4.18 4.32 4.96 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 5.77 6.24 6.51 7.29 7.65 6.85 1995 : 3.64 3.69 3.76 3.84 4.06 4.71 1994 : 4.70 4.59 4.36 4.20 4.20 4.24 1993 : 3.38 3.32 3.38 3.38 3.34 3.40 1992 : 4.07 4.19 4.31 4.28 4.31 4.22 1991 : 3.72 3.88 3.93 4.05 4.11 3.89 ------------------------------------------------------------------------------ See footnotes at end of table. continued Sorghum: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : : 1996 : AR : 1/ 5.86 5.33 4.74 4.60 4.06 CO 2/ : 1/ 6.93 6.40 IL 3/ : 1/ 4.22 4.00 3.91 KS : 7.29 6.32 5.22 4.26 3.96 3.82 MO : 7.46 7.26 5.81 4.19 3.77 3.79 NE : 7.49 7.19 6.53 4.79 4.27 4.06 NM 4/ : 6.68 OK : 7.81 6.36 5.27 4.35 4.49 3.90 TX : 6.55 6.23 5.76 4.66 4.28 4.13 : : 1995 : AR : 4.91 4.77 4.99 5.76 5.95 6.20 CO : 4.68 4.49 5.48 5.22 5.11 5.29 KS : 4.59 4.59 4.88 5.05 5.30 5.60 MO : 4.65 4.63 4.67 5.05 5.20 5.46 NE : 4.30 4.39 4.76 4.90 5.02 5.36 NM : 5.44 5.31 5.62 5.65 5.52 5.85 OK : 4.68 4.78 4.65 4.96 5.60 5.73 TX : 4.89 4.69 4.84 5.48 5.45 6.08 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 6.61 6.21 5.58 4.37 4.08 3.94 1995 : 4.78 4.65 4.87 5.12 5.29 5.66 1994 : 3.71 3.73 3.56 3.37 3.39 3.53 1993 : 3.71 3.78 3.69 3.81 4.22 4.54 1992 : 3.82 3.77 3.71 3.23 3.21 3.27 1991 : 3.95 4.01 4.10 3.93 3.94 3.99 ------------------------------------------------------------------------------ 1/ Price not published to avoid disclosure of individual operations. 2/ Monthly estimates discontinued October 1996. 3/ Added to monthly program September 1996. 4/ Monthly estimates discontinued August 1996. Oats: Prices Received, Monthly by State 1996-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : IL : 1.90 2.16 2.12 1.98 2.37 2.23 IN : IA : 2.08 2.07 2.16 2.29 2.48 2.29 MI : 1.94 2.21 2.34 2.74 2.77 2.82 MN : 1.88 1.90 1.96 2.05 2.15 2.10 MT : 2.23 NE : 2.13 2.30 2.33 2.44 2.66 2.28 NY : 1.97 1.99 2.00 2.09 2.25 ND : 1.75 1.79 1.88 2.01 2.26 2.00 OH : 2.05 2.51 2.66 2.48 2.58 2.51 OR : 2.18 2.25 2.15 2.14 2.27 2.41 PA : 2.15 2.20 2.40 2.37 2.63 2.44 SD : 2.06 2.04 2.13 2.19 2.27 2.09 TX : 3.55 2.81 WI : 1.90 1.97 1.95 1.99 2.11 2.02 : : 1995 : IL : 1.56 1.70 1.72 1.67 1.52 1.56 IN : 1.50 1.50 1.85 1.25 1.67 1.79 IA : 1.41 1.42 1.49 1.53 1.57 1.59 MI : 1.46 1.53 1.52 1.61 1.71 1.54 MN : 1.14 1.23 1.16 1.32 1.29 1.34 NE : 1.35 1.39 1.35 1.35 1.45 1.40 NY : 1.30 1.44 1.49 1.38 1.57 1.51 ND : 1.02 0.97 1.00 1.04 1.18 1.25 OH : 1.49 1.47 1.50 1.45 1.52 1.59 OR : 1.44 1.48 1.57 1.60 1.58 PA : 1.59 1.64 1.63 1.56 1.60 1.59 SD : 1.23 1.25 1.31 1.35 1.36 1.39 TX : 1.85 WI : 1.27 1.30 1.33 1.32 1.35 1.36 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 1.93 1.96 2.04 2.13 2.48 2.16 1995 : 1.22 1.22 1.33 1.36 1.41 1.38 1994 : 1.42 1.42 1.39 1.32 1.49 1.31 1993 : 1.42 1.42 1.43 1.45 1.51 1.43 1992 : 1.31 1.44 1.44 1.46 1.43 1.38 1991 : 1.13 1.13 1.16 1.16 1.16 1.08 ------------------------------------------------------------------------------ continued Oats: Prices Received, Monthly by State 1996-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : IL : 2.40 2.23 2.19 2.24 2.46 2.22 IN : IA : 2.26 2.17 2.05 2.05 1.94 2.03 MI : 2.59 2.39 2.34 2.38 2.21 2.25 MN : 2.04 1.87 1.80 1.63 1.77 1.63 MT : 2.02 1.91 1.92 1.94 1.54 1.85 NE : 2.13 2.11 2.12 1.82 2.46 1.95 NY : ND : 1.94 1.84 1.61 1.63 1.70 1.49 OH : 2.52 2.46 2.34 2.52 2.45 2.14 OR : 2.22 2.50 2.17 2.06 2.15 PA : 2.18 2.25 2.01 2.21 2.10 2.24 SD : 2.05 1.93 1.81 1.84 1.62 1.60 TX : WI : 2.03 1.88 1.80 1.86 1.80 2.11 : : 1995 : IL : 1.58 1.58 1.59 1.54 1.82 1.78 IN : 1.56 1.74 1.57 1.59 IA : 1.63 1.68 1.61 1.59 2.00 2.06 MI : 1.64 1.45 1.52 2.02 1.82 2.59 MN : 1.42 1.31 1.28 1.40 1.65 1.80 NE : 1.66 1.78 1.69 1.74 1.94 2.27 NY : 1.54 1.32 1.46 1.22 1.67 1.59 ND : 1.34 1.30 1.27 1.30 1.44 1.76 OH : 1.56 1.55 1.74 1.62 1.67 1.89 OR : 1.39 1.57 1.67 1.78 1.98 2.15 PA : 1.55 1.47 1.41 1.80 1.82 2.03 SD : 1.64 1.50 1.60 1.67 1.99 2.06 TX : 1.85 WI : 1.39 1.34 1.31 1.46 1.60 1.72 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 2.12 2.01 1.83 1.82 1.83 1.72 1995 : 1.52 1.48 1.43 1.48 1.71 1.91 1994 : 1.20 1.16 1.18 1.21 1.18 1.18 1993 : 1.36 1.32 1.31 1.33 1.39 1.42 1992 : 1.32 1.23 1.28 1.31 1.35 1.36 1991 : 1.08 1.09 1.12 1.21 1.25 1.25 ------------------------------------------------------------------------------ Barley: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : CA : 3.29 3.93 4.14 4.02 4.01 4.13 CO : 2.91 1/ 1/ 3.05 1/ 1/ ID : 3.05 3.18 3.21 3.27 3.58 3.56 MN : 2.98 2.80 2.74 2.89 3.02 3.18 MT : 3.13 3.26 3.30 3.26 3.34 3.28 ND : 3.25 3.35 3.29 3.21 3.18 3.49 OR : 3.33 3.42 3.10 3.21 3.69 3.83 SD : 3.09 3.12 3.09 3.20 3.42 3.32 UT : 3.26 3.32 3.49 3.37 3.84 3.73 WA : 3.35 3.51 3.37 3.64 3.39 3.48 WY : 2.82 3.24 3.25 2.88 3.24 3.36 : : 1995 : CA : 1/ 2.72 2.69 1/ 2.93 1/ CO : 2.07 2.06 2.15 2.18 2.30 2.38 ID : 2.46 2.39 2.66 2.50 2.51 2.65 MN : 1.71 1.85 1.91 1.87 2.02 1.99 MT : 2.26 2.27 2.13 2.14 2.12 2.28 ND : 1.92 2.01 1.99 1.99 2.09 2.11 OR : 2.23 2.32 2.37 2.53 2.59 1/ SD : 1.80 2.01 2.05 2.00 1.97 2.22 UT : 2.34 2.37 2.41 2.39 2.54 2.76 WA : 2.07 2.12 2.12 2.28 2.39 2.49 WY : 2.83 3.09 2.88 1.96 2.22 2.26 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 3.15 3.28 3.24 3.24 3.45 3.55 1995 : 2.05 2.13 2.13 2.15 2.21 2.25 1994 : 2.15 2.07 2.01 2.02 2.06 1.91 1993 : 2.07 2.00 2.00 2.09 1.97 1.95 1992 : 2.21 2.15 2.12 2.14 2.22 2.09 1991 : 2.14 2.13 2.15 2.10 2.05 1.90 ------------------------------------------------------------------------------ See footnotes at end of table. continued Barley: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : CA : 3.85 1/ 3.42 1/ 3.04 1/ CO : 3.18 3.15 3.04 3.03 3.00 3.10 ID : 3.31 3.47 3.18 3.00 3.15 3.10 MN : 2.97 2.74 2.48 2.29 2.32 2.26 MT : 3.27 3.27 3.25 3.10 3.17 3.21 ND : 3.12 2.77 2.48 2.57 2.33 2.24 OR : 3.13 3.02 2.77 2.60 2.31 2.72 SD : 2.91 2.74 2.69 2.40 2.65 2.37 UT : 3.25 2.98 3.08 3.05 2.96 2.60 WA : 3.02 2.99 2.71 2.45 2.43 2.42 WY : 3.12 3.38 3.33 3.37 3.28 3.51 : : 1995 : CA : 1/ 2.77 2.96 1/ 3.34 3.41 CO : 2.18 2.90 2.73 2.84 3.09 3.03 ID : 2.74 2.85 2.81 3.00 3.20 3.20 MN : 2.08 1.95 2.09 2.39 2.61 2.72 MT : 2.28 2.88 2.62 2.82 3.02 3.05 ND : 2.40 2.38 2.44 2.83 3.15 3.26 OR : 2.69 2.64 2.67 3.00 3.25 3.36 SD : 2.26 2.25 2.68 2.78 2.98 2.96 UT : 2.65 2.60 2.74 2.92 3.21 3.22 WA : 2.61 2.52 2.60 3.19 3.28 3.38 WY : 2.40 2.79 2.89 3.06 3.15 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 3.18 2.94 2.80 2.73 2.65 2.73 1995 : 2.41 2.62 2.57 2.88 3.09 3.15 1994 : 1.92 2.07 1.93 1.93 2.09 1.99 1993 : 1.90 2.02 1.87 1.82 2.01 2.02 1992 : 2.26 2.16 1.84 1.92 2.05 1.95 1991 : 1.73 2.06 2.06 2.10 2.20 2.24 ------------------------------------------------------------------------------ 1/ Price not published to avoid disclosure of individual operations. All Wheat: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : AZ : 5.45 AR : 4.05 5.10 5.20 4.95 4.37 4.39 CA : 5.01 5.24 5.63 5.65 5.37 CO : 4.87 5.08 5.24 5.67 5.59 5.50 GA : 4.68 4.51 ID : 4.59 4.66 4.71 4.92 5.15 5.16 IL : 4.56 4.66 4.50 5.05 4.27 IN : 4.73 4.81 4.68 4.42 KS : 4.82 5.17 5.31 5.81 6.34 5.38 MI : 4.43 4.83 4.53 5.02 MN : 4.72 4.87 4.91 5.33 5.64 5.87 MO : 4.68 4.50 3.96 4.52 MT : 4.57 4.73 4.78 4.99 5.49 5.32 NE : 4.81 4.96 5.02 5.47 5.91 5.63 ND : 5.06 5.10 5.26 5.41 5.86 5.65 OH : 4.68 4.86 4.63 5.34 4.73 OK : 5.00 5.27 5.31 5.97 6.10 5.48 OR : 5.03 5.21 5.08 5.33 5.46 5.80 SD : 4.71 4.85 4.93 5.39 6.10 5.84 TX : 5.03 5.14 5.22 5.86 5.90 5.42 WA : 5.05 5.18 5.09 5.39 5.66 5.72 : : 1995 : AZ : 4.20 4.50 4.48 4.68 AR : 3.65 3.65 3.47 3.56 3.50 3.58 CA : 4.33 3.84 4.20 3.74 4.27 4.52 CO : 3.71 3.65 3.51 3.46 3.53 3.92 GA : 3.50 3.58 3.61 3.69 3.36 3.38 ID : 3.69 3.57 3.50 3.48 3.61 3.86 IL : 3.78 3.52 3.45 3.32 3.31 3.60 IN : 3.68 3.45 3.29 3.22 3.56 3.68 KS : 3.56 3.51 3.39 3.42 3.72 3.94 MI : 3.68 3.35 3.19 3.21 3.23 3.84 MN : 3.35 3.32 3.16 3.21 3.51 3.70 MO : 3.72 3.55 3.41 3.44 3.47 3.58 MT : 3.63 3.61 3.60 3.49 3.58 3.79 NE : 3.62 3.56 3.42 3.39 3.65 3.94 ND : 3.78 3.65 3.59 3.55 3.67 4.06 OH : 3.58 3.46 3.40 3.38 3.40 3.64 OK : 3.61 3.51 3.42 3.37 3.64 3.88 OR : 4.03 3.91 3.86 3.84 4.19 4.59 SD : 3.53 3.42 3.38 3.41 3.60 3.99 TX : 3.77 3.78 3.45 3.27 3.73 3.87 WA : 4.04 3.94 3.79 3.73 4.00 4.32 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 4.83 4.98 5.07 5.32 5.75 5.26 1995 : 3.69 3.61 3.52 3.48 3.67 3.84 1994 : 3.58 3.60 3.70 3.56 3.43 3.21 1993 : 3.37 3.33 3.30 3.26 3.11 2.84 1992 : 3.54 3.78 3.72 3.65 3.64 3.43 1991 : 2.42 2.42 2.53 2.60 2.65 2.55 ------------------------------------------------------------------------------ continued All Wheat: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : AZ : AR : 4.55 4.41 4.18 3.93 3.94 3.84 CA : 4.79 4.71 4.76 4.41 CO : 4.78 4.61 4.19 4.17 4.16 4.04 GA : ID : 5.09 4.36 4.39 4.03 3.99 3.80 IL : 4.20 4.24 4.10 3.82 3.59 3.75 IN : 4.09 4.00 4.12 3.62 3.24 3.17 KS : 5.03 4.64 4.22 4.23 4.17 4.20 MI : 4.07 4.05 3.84 3.79 3.56 3.77 MN : 5.17 4.69 4.59 4.26 4.31 3.99 MO : 4.23 4.12 3.96 3.85 3.81 3.78 MT : 5.32 5.06 4.49 4.33 4.25 4.43 NE : 4.77 4.61 3.98 4.07 4.17 4.02 ND : 5.24 4.83 4.44 4.39 4.22 4.02 OH : 4.05 4.04 4.13 3.96 3.67 3.69 OK : 4.87 4.54 4.16 4.12 4.14 4.10 OR : 4.71 4.79 4.50 4.10 3.93 4.03 SD : 4.84 4.39 4.06 4.00 3.89 3.94 TX : 4.96 4.52 4.12 4.07 4.07 4.18 WA : 5.21 4.92 4.51 3.98 3.92 3.82 : : 1995 : AZ : 4.65 4.80 AR : 3.59 3.94 4.27 4.94 5.00 4.39 CA : 4.04 4.50 5.30 4.63 CO : 4.20 4.22 4.40 4.60 4.79 4.87 GA : 3.59 ID : 4.15 3.72 4.09 4.24 4.38 4.54 IL : 3.74 3.98 4.19 4.33 4.43 4.56 IN : 3.92 4.01 4.12 4.28 4.66 4.81 KS : 4.28 4.42 4.64 4.85 4.92 5.01 MI : 3.84 3.88 4.08 4.52 4.77 4.41 MN : 4.26 4.21 4.24 4.50 4.59 4.81 MO : 3.73 3.96 3.92 4.08 4.28 4.56 MT : 3.99 4.12 4.20 4.44 4.48 4.58 NE : 4.29 4.21 4.42 4.62 4.53 4.76 ND : 4.52 4.49 4.87 4.99 5.09 5.07 OH : 3.84 4.01 4.09 4.31 4.68 4.70 OK : 4.36 4.32 4.56 4.88 4.88 4.98 OR : 4.47 4.16 4.52 4.83 4.99 5.05 SD : 4.36 4.27 4.38 4.58 4.69 4.76 TX : 4.28 4.32 4.64 4.82 4.90 4.86 WA : 4.49 4.29 4.56 4.79 4.94 5.03 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 4.73 4.58 4.37 4.18 4.14 4.06 1995 : 4.10 4.26 4.53 4.72 4.81 4.88 1994 : 3.04 3.25 3.57 3.76 3.75 3.74 1993 : 2.85 2.96 3.10 3.25 3.47 3.63 1992 : 3.15 3.01 3.20 3.22 3.29 3.31 1991 : 2.50 2.63 2.80 3.07 3.25 3.44 ------------------------------------------------------------------------------ Winter Wheat: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : AZ : AR : 4.05 5.10 5.20 4.95 4.37 4.39 CA : 4.60 5.24 5.63 5.65 CO : 4.89 5.09 5.26 5.67 5.59 5.50 GA : 4.68 4.51 ID : 4.62 4.68 4.73 4.93 5.17 5.44 IL : 4.56 4.66 4.50 5.05 4.27 IN : 4.73 4.81 4.68 4.42 KS : 4.82 5.17 5.31 5.81 6.34 5.38 MI : 4.43 4.83 4.53 5.02 MN : MO : 4.68 4.50 3.96 4.52 MT : 4.57 4.80 4.83 5.01 5.62 5.45 NE : 4.81 4.96 5.02 5.47 5.91 5.63 ND : 4.39 4.56 4.61 4.97 5.81 5.23 OH : 4.68 4.86 4.63 5.34 4.73 OK : 5.00 5.27 5.31 5.97 6.10 5.48 OR : 5.02 5.20 5.07 5.32 5.42 5.85 SD : 4.61 4.73 4.83 5.26 5.98 5.54 TX : 5.03 5.14 5.22 5.86 5.90 5.42 WA : 5.04 5.16 5.08 5.38 5.63 5.54 : : 1995 : AZ : 3.90 3.58 AR : 3.65 3.65 3.47 3.56 3.50 3.58 CA : 4.02 3.84 4.06 3.74 3.83 4.22 CO : 3.73 3.66 3.53 3.46 3.53 3.93 GA : 3.50 3.58 3.61 3.69 3.36 3.38 ID : 3.73 3.61 3.48 3.52 3.68 3.85 IL : 3.78 3.52 3.45 3.32 3.31 3.60 IN : 3.68 3.45 3.29 3.22 3.56 3.68 KS : 3.56 3.51 3.39 3.42 3.72 3.94 MI : 3.68 3.35 3.19 3.21 3.23 3.84 MN : MO : 3.72 3.55 3.41 3.44 3.47 3.58 MT : 3.55 3.58 3.46 3.42 3.50 3.85 NE : 3.62 3.56 3.42 3.39 3.65 3.94 ND : 3.18 3.11 2.79 2.98 3.02 3.46 OH : 3.58 3.46 3.40 3.38 3.40 3.64 OK : 3.61 3.51 3.42 3.37 3.64 3.88 OR : 4.03 3.91 3.86 3.84 4.19 4.59 SD : 3.47 3.32 3.27 3.24 3.45 3.77 TX : 3.77 3.78 3.45 3.27 3.73 3.87 WA : 4.03 3.93 3.76 3.70 3.98 4.31 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 4.80 5.00 5.06 5.40 5.81 5.14 1995 : 3.67 3.62 3.47 3.45 3.65 3.77 1994 : 3.41 3.36 3.26 3.24 3.17 3.09 1993 : 3.47 3.39 3.32 3.20 3.03 2.72 1992 : 3.63 3.85 3.76 3.68 3.50 3.36 1991 : 2.38 2.40 2.52 2.59 2.66 2.55 ------------------------------------------------------------------------------ continued Winter Wheat: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : AZ : AR : 4.55 4.41 4.18 3.93 3.94 3.84 CA : 4.03 CO : 4.78 4.61 4.19 4.18 4.16 4.04 GA : ID : 4.82 4.47 4.38 4.08 3.93 3.82 IL : 4.20 4.24 4.10 3.82 3.59 3.75 IN : 4.09 4.00 4.12 3.62 3.24 3.17 KS : 5.03 4.64 4.22 4.23 4.17 4.20 MI : 4.07 4.05 3.84 3.79 3.56 3.77 MN : 4.48 4.36 3.81 4.43 4.02 MO : 4.23 4.12 3.96 3.85 3.81 3.78 MT : 5.25 5.15 4.52 4.30 4.15 4.35 NE : 4.77 4.61 3.98 4.07 4.17 4.02 ND : 5.41 4.20 3.69 3.93 3.35 3.62 OH : 4.05 4.04 4.13 3.96 3.67 3.69 OK : 4.87 4.54 4.16 4.12 4.14 4.10 OR : 4.71 4.79 4.50 4.10 3.93 4.03 SD : 4.67 4.29 4.08 3.87 3.94 3.89 TX : 4.96 4.52 4.12 4.07 4.07 4.18 WA : 5.21 4.89 4.49 3.95 3.89 3.78 : : 1995 : AZ : 3.60 AR : 3.59 3.94 4.27 4.94 5.00 4.39 CA : 4.00 4.50 4.80 4.63 CO : 4.20 4.22 4.41 4.63 4.78 4.88 GA : 3.59 ID : 4.06 3.76 4.13 4.29 4.41 4.54 IL : 3.74 3.98 4.19 4.33 4.43 4.56 IN : 3.92 4.01 4.12 4.28 4.66 4.81 KS : 4.28 4.42 4.64 4.85 4.92 5.01 MI : 3.84 3.88 4.08 4.52 4.77 4.41 MN : 4.34 4.06 4.17 4.80 MO : 3.73 3.96 3.92 4.08 4.28 4.56 MT : 4.02 4.08 4.24 4.60 4.61 4.65 NE : 4.29 4.21 4.42 4.62 4.53 4.76 ND : 4.13 3.87 4.51 4.49 4.44 4.45 OH : 3.84 4.01 4.09 4.31 4.68 4.70 OK : 4.36 4.32 4.56 4.88 4.88 4.98 OR : 4.44 4.14 4.50 4.82 4.99 5.03 SD : 4.29 4.14 4.24 4.52 4.53 4.59 TX : 4.28 4.32 4.64 4.82 4.90 4.86 WA : 4.47 4.28 4.55 4.78 4.93 5.02 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 4.67 4.52 4.28 4.07 4.05 4.04 1995 : 4.05 4.22 4.47 4.70 4.77 4.87 1994 : 2.99 3.23 3.57 3.79 3.76 3.75 1993 : 2.76 2.83 2.88 3.00 3.21 3.43 1992 : 3.13 2.99 3.24 3.30 3.31 3.41 1991 : 2.50 2.72 2.92 3.19 3.38 3.56 ------------------------------------------------------------------------------ Other Spring Wheat: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : CO : 4.24 ID : 4.56 4.63 4.69 4.91 5.13 4.96 MN : 4.59 4.81 4.72 4.86 4.91 5.31 MT : 4.55 4.68 4.74 4.94 5.46 5.26 ND : 4.67 4.85 4.91 5.31 5.82 5.64 SD : 4.81 4.95 5.02 5.46 6.14 5.98 WA : 5.12 5.28 5.18 5.45 5.88 6.28 : : 1995 : CO : 3.28 3.20 3.08 3.12 3.29 3.62 ID : 3.63 3.52 3.52 3.42 3.53 3.88 MN : 3.35 3.32 3.16 3.21 3.51 3.70 MT : 3.62 3.52 3.52 3.38 3.53 3.74 ND : 3.38 3.24 3.28 3.33 3.50 3.72 SD : 3.71 3.58 3.52 3.61 3.82 4.09 WA : 4.11 4.06 3.99 4.00 4.23 4.46 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 4.66 4.81 4.87 5.20 5.68 5.48 1995 : 3.50 3.39 3.38 3.35 3.54 3.78 1994 : 3.69 3.67 3.66 3.68 3.63 3.51 1993 : 3.33 3.34 3.32 3.34 3.19 3.21 1992 : 3.56 3.83 3.79 3.82 3.86 3.87 1991 : 2.45 2.44 2.52 2.60 2.65 2.57 ------------------------------------------------------------------------------ continued Other Spring Wheat: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : CO : 4.53 4.20 3.54 4.20 3.88 ID : 5.32 4.19 4.41 3.97 4.10 3.78 MN : 5.60 5.87 4.59 4.27 4.31 3.99 MT : 5.34 4.81 4.47 4.35 4.26 4.42 ND : 5.32 4.73 4.34 4.28 3.97 3.85 SD : 5.40 4.46 4.05 4.08 3.83 3.97 WA : 5.19 5.09 4.63 4.23 4.13 4.08 : : 1995 : CO : 3.81 3.95 4.23 4.30 5.28 4.46 ID : 4.28 3.67 4.03 4.17 4.34 4.54 MN : 4.26 4.21 4.26 4.21 4.24 4.50 MT : 3.95 4.08 4.16 4.36 4.43 4.51 ND : 4.29 4.18 4.26 4.48 4.69 4.77 SD : 4.55 4.36 4.48 4.63 4.78 4.90 WA : 4.78 4.44 4.61 4.85 5.04 5.12 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 5.30 4.63 4.41 4.23 4.11 4.01 1995 : 4.26 4.19 4.27 4.46 4.62 4.73 1994 : 3.28 3.19 3.38 3.52 3.51 3.56 1993 : 3.50 3.51 3.37 3.50 3.67 3.75 1992 : 3.63 3.12 3.19 3.18 3.28 3.24 1991 : 2.49 2.56 2.76 3.03 3.26 3.44 ------------------------------------------------------------------------------ Durum Wheat: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : AZ : 5.45 CA : 5.29 MN : 4.90 MT : 4.92 4.93 5.06 5.27 5.32 5.65 ND : 5.71 5.74 5.82 5.68 5.96 5.69 SD : 4.99 4.67 4.82 5.07 5.84 4.33 : : 1995 : AZ : 4.20 4.50 4.65 4.74 CA : MN : MT : 4.72 4.79 4.87 4.75 4.78 5.62 ND : 4.59 4.67 4.54 4.49 4.78 5.49 SD : 5.65 5.30 3.59 3.36 3.80 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 5.63 5.61 5.75 5.59 5.76 5.58 1995 : 4.61 4.68 4.59 4.51 4.76 5.20 1994 : 4.97 5.41 5.75 5.73 5.06 4.59 1993 : 3.00 3.08 3.09 3.10 3.26 3.18 1992 : 2.98 3.34 3.24 3.33 3.40 3.31 1991 : 2.61 2.55 2.62 2.61 2.61 2.55 ------------------------------------------------------------------------------ continued Durum Wheat: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : AZ : CA : MN : 4.71 4.40 3.90 4.22 MT : 5.33 5.55 4.74 4.40 4.74 5.34 ND : 5.13 5.03 4.68 4.80 4.55 4.51 SD : 4.75 5.23 4.19 4.38 3.85 : : 1995 : AZ : 4.65 4.80 CA : MN : 4.32 4.50 4.92 MT : 5.22 5.47 5.08 4.91 4.68 5.23 ND : 5.40 5.35 5.88 5.85 5.87 5.80 SD : 4.37 4.70 5.14 5.03 5.38 5.30 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 5.13 5.03 4.69 4.78 4.56 4.59 1995 : 5.29 5.33 5.87 5.80 5.78 5.75 1994 : 4.32 4.30 4.51 4.89 4.88 4.67 1993 : 3.26 3.43 3.92 4.23 4.91 4.92 1992 : 3.03 2.75 2.96 2.92 3.04 3.00 1991 : 2.44 2.24 2.36 2.62 2.68 2.75 ------------------------------------------------------------------------------ Hard Red Wheat: Prices Received, Monthly, United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : Year : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : 1996 : 4.74 4.91 4.97 5.31 5.83 5.46 1995 : 3.55 3.48 3.41 3.37 3.59 3.85 1994 : 3.58 3.56 3.52 3.52 3.40 3.16 1993 : 3.35 3.33 3.30 3.25 3.08 2.83 1992 : 3.54 3.79 3.75 3.74 3.67 3.41 1991 : 2.39 2.38 2.49 2.57 2.62 2.55 ------------------------------------------------------------------------------ continued Hard Red Wheat: Prices Received, Monthly, United States, 1991-96, continued ------------------------------------------------------------------------------ : : : : : : Year : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : 1996 : 4.99 4.62 4.35 4.23 4.14 4.09 1995 : 4.27 4.28 4.42 4.63 4.68 4.81 1994 : 3.08 3.24 3.46 3.60 3.56 3.64 1993 : 2.88 2.94 3.10 3.26 3.46 3.66 1992 : 3.12 2.93 3.10 3.15 3.26 3.26 1991 : 2.49 2.58 2.76 3.05 3.21 3.40 ------------------------------------------------------------------------------ Soft Red Wheat: Prices Received, Monthly, United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : Year : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : 1996 : 4.63 4.80 4.53 5.15 4.61 4.40 1995 : 3.67 3.48 3.40 3.35 3.38 3.59 1994 : 3.41 3.36 3.24 3.12 2.97 3.04 1993 : 3.48 3.47 3.45 3.43 2.92 2.71 1992 : 3.56 3.72 3.50 3.18 3.27 3.47 1991 : 2.39 2.36 2.51 2.64 2.62 2.53 ------------------------------------------------------------------------------ continued Soft Red Wheat: Prices Received, Monthly, United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : Year : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : 1996 : 4.17 4.12 4.11 3.89 3.72 3.75 1995 : 3.80 3.98 4.12 4.30 4.64 4.67 1994 : 2.90 3.13 3.36 3.57 3.50 3.64 1993 : 2.71 2.76 2.72 2.84 3.11 3.34 1992 : 3.15 2.89 3.05 3.20 3.30 3.39 1991 : 2.46 2.73 2.87 3.10 3.40 3.49 ------------------------------------------------------------------------------ White Wheat: Prices Received, Monthly, United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : Year : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : 1996 : 4.80 4.90 4.87 5.16 5.38 5.21 1995 : 3.86 3.70 3.58 3.55 3.75 4.17 1994 : 3.16 3.13 3.11 3.16 3.18 3.24 1993 : 3.82 3.64 3.54 3.35 3.23 3.09 1992 : 3.94 4.18 4.06 4.00 3.94 3.98 1991 : 2.52 2.58 2.70 2.74 2.91 2.92 ------------------------------------------------------------------------------ continued White Wheat: Prices Received, Monthly, United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : Year : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : 1996 : 4.85 4.63 4.40 3.96 3.88 3.79 1995 : 4.08 4.09 4.41 4.59 4.75 4.85 1994 : 3.10 3.22 3.73 4.02 4.05 3.94 1993 : 3.03 3.07 2.98 2.95 3.07 3.15 1992 : 3.58 3.45 3.79 3.77 3.73 3.79 1991 : 2.69 3.05 3.23 3.48 3.82 3.99 ------------------------------------------------------------------------------ Rice: Prices Received, Monthly, United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : Year : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : 1996 : 9.36 9.19 9.20 9.35 9.73 9.77 1995 : 6.83 6.74 6.67 6.75 6.87 7.06 1994 : 8.92 9.99 10.10 9.80 9.90 8.76 1993 : 6.35 6.06 5.63 5.50 5.23 5.02 1992 : 7.84 7.97 7.78 7.46 7.18 6.97 1991 : 6.39 6.75 7.07 7.43 7.44 7.43 ------------------------------------------------------------------------------ continued Rice: Prices Received, Monthly, United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : Year : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : 1996 : 9.81 9.99 9.95 9.75 9.36 9.63 1995 : 7.19 7.77 8.01 8.84 9.21 9.45 1994 : 7.69 6.87 6.82 6.52 6.63 6.60 1993 : 4.90 5.14 5.16 6.01 7.94 8.78 1992 : 6.99 6.60 6.41 6.40 6.40 6.38 1991 : 7.21 7.16 7.67 7.65 7.84 7.98 ------------------------------------------------------------------------------ Soybeans: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : AL : AR : 7.09 7.30 7.27 7.80 7.96 7.61 GA : 6.92 7.20 7.32 7.52 7.53 7.71 IL : 6.81 7.12 7.12 7.60 7.86 7.61 IN : 6.91 7.16 7.13 7.65 7.95 7.72 IA : 6.56 6.85 6.88 7.23 7.58 7.39 KS : 6.99 7.09 7.11 7.59 7.71 7.29 KY : 7.03 7.33 7.34 7.75 8.04 7.64 LA : 7.03 7.12 7.28 7.71 7.25 7.49 MI : 6.77 6.95 6.89 7.47 7.63 7.43 MN : 6.55 6.69 6.79 7.19 7.36 7.17 MS : 6.82 7.16 7.15 7.61 7.80 7.52 MO : 6.91 7.09 7.12 7.53 7.87 7.56 NE : 6.64 6.83 6.87 7.31 7.66 7.35 NC : 6.61 6.87 7.17 7.70 7.89 7.59 OH : 6.98 7.15 7.13 7.71 7.88 7.60 SC : 6.88 7.18 7.29 7.64 7.93 7.96 SD : 6.53 6.61 6.62 7.10 7.18 7.17 TN : 7.19 7.33 7.25 7.58 7.97 7.74 TX : WI : : : 1995 : AL : AR : 5.59 5.58 5.65 5.73 5.66 5.81 GA : 5.36 5.37 5.45 5.57 5.64 5.95 IL : 5.58 5.48 5.60 5.69 5.71 5.83 IN : 5.54 5.50 5.66 5.68 5.70 5.86 IA : 5.34 5.25 5.41 5.47 5.49 5.57 KS : 5.21 5.21 5.40 5.48 5.49 5.36 KY : 5.64 5.73 5.71 5.75 5.82 5.94 LA : 5.47 5.56 5.65 5.48 5.66 MI : 5.33 5.38 5.44 5.54 5.53 5.73 MN : 5.19 5.18 5.24 5.38 5.32 5.48 MS : 5.57 5.50 5.65 5.63 5.65 5.85 MO : 5.47 5.40 5.52 5.53 5.63 5.73 NE : 5.21 5.20 5.37 5.41 5.46 5.54 NC : 5.21 5.31 5.53 5.68 5.73 5.85 OH : 5.57 5.49 5.62 5.68 5.73 5.85 SC : 5.34 5.38 5.71 5.63 5.51 5.81 SD : 5.12 5.10 5.21 5.28 5.37 5.47 TN : 5.68 5.63 5.73 5.73 5.75 5.81 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 6.78 7.00 7.00 7.43 7.69 7.41 1995 : 5.47 5.40 5.51 5.55 5.56 5.68 1994 : 6.72 6.71 6.73 6.57 6.77 6.72 1993 : 5.58 5.56 5.65 5.73 5.81 5.90 1992 : 5.54 5.59 5.67 5.66 5.87 5.94 1991 : 5.71 5.65 5.76 5.77 5.67 5.56 ------------------------------------------------------------------------------ continued Soybeans: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : AL : AR : 7.55 7.96 7.52 7.20 7.25 7.20 GA : 8.05 8.33 7.27 6.78 6.71 6.78 IL : 7.84 7.97 7.97 7.04 6.94 7.07 IN : 7.82 8.10 8.02 6.94 6.90 6.98 IA : 7.57 7.72 7.83 6.90 6.80 6.76 KS : 7.62 7.77 7.66 6.80 6.67 6.76 KY : 8.02 8.04 7.96 7.06 7.06 7.23 LA : 7.78 7.73 7.69 7.48 7.11 7.07 MI : 7.73 7.75 7.58 6.83 6.80 6.88 MN : 7.39 7.59 7.55 6.84 6.69 6.64 MS : 6.98 7.97 7.64 7.29 7.13 7.21 MO : 7.76 7.80 7.84 6.88 6.67 6.79 NE : 7.57 7.66 7.64 6.85 6.79 6.78 NC : 7.77 8.13 7.50 6.83 6.85 6.54 OH : 7.90 8.04 8.05 7.00 6.86 7.00 SC : 7.68 7.93 SD : 7.37 7.43 7.24 6.63 6.49 6.67 TN : 7.99 7.95 7.98 7.22 7.01 7.12 TX : WI : 7.84 6.84 6.79 6.82 : : 1995 : AL : AR : 6.11 6.01 6.34 6.54 6.72 7.24 GA : 6.06 5.60 5.86 6.40 6.53 6.79 IL : 6.05 5.97 6.08 6.20 6.51 6.83 IN : 6.10 5.98 6.07 6.24 6.61 6.98 IA : 5.79 5.71 5.91 6.02 6.27 6.61 KS : 5.95 5.92 6.12 6.30 6.41 6.98 KY : 6.16 6.09 6.25 6.39 6.66 6.91 LA : 6.02 6.19 6.49 6.63 6.99 MI : 5.84 5.80 5.93 6.19 6.39 6.68 MN : 5.72 5.61 5.69 5.86 6.10 6.41 MS : 6.07 6.14 6.20 6.31 6.58 6.78 MO : 5.97 5.99 6.08 6.22 6.46 6.84 NE : 5.86 5.70 5.90 5.99 6.25 6.57 NC : 5.96 6.08 6.14 6.10 6.28 6.60 OH : 6.06 5.98 6.07 6.24 6.51 6.97 SC : 6.07 5.92 6.10 6.18 6.43 6.85 SD : 5.58 5.52 5.67 5.86 6.05 6.15 TN : 6.08 6.02 6.27 6.47 6.74 7.13 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 7.62 7.82 7.79 6.95 6.90 6.91 1995 : 5.90 5.83 5.98 6.16 6.40 6.76 1994 : 5.92 5.58 5.47 5.30 5.36 5.41 1993 : 6.56 6.56 6.21 6.01 6.32 6.64 1992 : 5.59 5.40 5.36 5.26 5.36 5.46 1991 : 5.36 5.66 5.64 5.48 5.48 5.45 ------------------------------------------------------------------------------ Peanuts: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Pound : : 1996 : AL : FL : GA : NC : .300 TX : VA : .302 : : 1995 : AL : FL : GA : NC : .250 TX : VA : .280 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : .298 1995 : .255 1994 : .361 1993 : .295 1992 : 1991 : .423 ------------------------------------------------------------------------------ continued Peanuts: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Pound : : 1996 : AL : .277 .262 .237 .199 FL : .256 .243 .269 .177 GA : .281 .263 .264 .223 NC : .291 .278 .204 .202 TX : .251 .235 .268 .316 VA : .294 .287 .200 .226 : : 1995 : AL : .292 .282 .288 .310 FL : .314 .277 .262 .265 GA : .322 .300 .286 .297 .283 NC : .306 .302 .294 .276 TX : .245 .330 .276 .296 .297 VA : .308 .306 .295 .263 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : .277 .258 .250 .256 1995 : .306 .297 .286 .295 .286 1994 : .306 .286 .259 .258 1993 : .320 .300 .295 .297 1992 : .312 .298 .281 .272 1991 : .297 .293 .279 .246 .252 ------------------------------------------------------------------------------ All Sunflower: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : : 1996 : KS : 11.00 11.30 12.90 12.70 12.60 15.20 MN : 11.60 12.30 12.50 13.60 13.40 15.20 ND : 11.40 11.70 12.50 12.70 13.50 14.70 SD : 10.50 11.00 11.10 12.30 13.20 12.80 : : 1995 : MN : 12.00 12.10 11.20 11.40 11.00 11.10 ND : 10.50 10.50 10.30 10.60 10.80 11.00 SD : 9.58 9.75 9.73 9.78 9.89 10.30 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 11.10 11.50 12.10 12.70 13.50 14.30 1995 : 10.50 10.80 10.40 10.70 10.60 10.70 1994 : 13.60 15.10 15.00 15.00 15.60 14.20 1993 : 10.10 10.50 11.00 10.80 11.10 10.80 1992 : 8.39 8.96 8.92 9.17 9.08 9.32 1991 : 10.80 11.10 11.30 11.40 11.30 10.90 ------------------------------------------------------------------------------ continued All Sunflower: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : : 1996 : KS : 13.90 11.90 13.60 12.90 11.60 10.80 MN : 13.20 11.70 9.69 12.50 13.30 14.20 ND : 14.00 13.10 13.20 12.30 12.40 11.90 SD : 13.30 11.60 11.60 10.60 10.50 10.30 : : 1995 : MN : 11.20 11.90 9.99 11.60 11.30 11.70 ND : 11.60 11.30 11.90 11.20 11.30 11.20 SD : 11.20 11.70 11.10 10.40 10.10 10.40 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 13.70 12.70 12.00 11.70 11.90 11.60 1995 : 11.50 11.40 11.00 11.00 10.80 10.70 1994 : 12.40 12.60 10.70 10.50 10.60 10.60 1993 : 12.00 13.30 14.20 11.20 11.60 13.00 1992 : 9.52 9.70 8.87 9.12 8.73 9.37 1991 : 10.70 11.30 8.46 8.40 8.24 8.41 ------------------------------------------------------------------------------ Oil Sunflower: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : : 1996 : KS : 10.20 11.30 11.80 12.40 12.60 14.50 MN : 10.20 10.80 11.20 12.60 12.90 13.40 ND : 10.70 10.90 11.50 12.10 13.10 13.50 SD : 10.20 10.90 10.90 12.20 13.10 12.60 : : 1995 : MN : 10.50 10.00 10.10 10.10 10.20 11.00 ND : 9.92 9.64 9.74 9.94 10.20 10.30 SD : 9.49 9.65 9.63 9.68 9.80 10.20 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 10.50 10.90 11.30 12.20 13.10 13.20 1995 : 9.87 9.68 9.81 9.92 10.10 10.40 1994 : 12.90 14.40 14.70 14.50 15.20 13.80 1993 : 9.45 9.97 10.30 10.20 10.90 10.50 1992 : 8.10 8.33 8.08 8.29 8.67 9.10 1991 : 9.91 10.00 10.40 10.70 10.80 10.30 ------------------------------------------------------------------------------ continued Oil Sunflower: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : : 1996 : KS : 12.70 11.90 11.80 11.00 10.60 10.40 MN : 12.50 11.40 9.47 10.70 12.50 10.90 ND : 13.20 11.90 12.30 10.80 10.80 10.70 SD : 12.70 11.40 11.50 10.40 10.50 10.30 : : 1995 : MN : 10.60 11.50 9.69 10.80 11.00 10.90 ND : 11.00 10.90 11.70 10.80 10.50 10.60 SD : 11.10 11.60 10.80 10.30 10.00 10.20 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 13.00 11.70 11.10 10.70 10.90 10.50 1995 : 11.00 11.00 10.70 10.60 10.30 10.20 1994 : 11.90 11.70 10.20 10.00 10.10 10.10 1993 : 11.50 12.20 11.60 10.40 11.00 12.20 1992 : 9.03 8.70 8.65 8.76 8.53 9.04 1991 : 10.20 10.10 7.76 7.89 7.91 8.27 ------------------------------------------------------------------------------ Non-Oil Sunflower: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : : 1996 : KS : 15.40 14.10 15.60 17.50 MN : 13.80 14.20 14.10 14.30 14.00 16.10 ND : 14.90 14.60 15.20 14.70 15.60 16.80 SD : 12.40 13.00 13.00 12.60 14.60 14.90 : : 1995 : MN : 13.60 13.40 12.50 13.00 11.80 11.80 ND : 14.10 14.40 14.10 14.30 14.10 14.70 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 14.10 14.30 14.70 14.00 15.50 16.50 1995 : 13.90 13.80 13.20 13.60 12.80 13.70 1994 : 17.00 17.10 16.30 17.00 17.80 17.20 1993 : 13.10 13.30 13.90 14.00 13.20 13.50 1992 : 11.10 11.80 11.80 12.80 11.80 11.00 1991 : 12.90 12.40 12.60 12.70 12.20 11.40 ------------------------------------------------------------------------------ continued Non-Oil Sunflower: Prices Received, Monthly by State 1995-96 and United States, 1991-96, continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : : 1996 : KS : 20.30 16.30 16.80 18.10 15.80 MN : 14.80 14.80 15.20 14.60 15.70 15.40 ND : 17.10 16.20 15.20 15.80 15.30 15.60 SD : 14.40 13.20 11.60 11.00 10.70 10.10 : : 1995 : MN : 13.10 14.60 13.30 13.20 13.50 13.50 ND : 14.80 15.10 13.50 13.60 13.80 13.90 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 15.90 16.00 14.20 13.80 15.00 14.50 1995 : 14.30 15.00 13.00 13.40 13.30 12.90 1994 : 16.80 15.90 14.60 14.20 14.30 13.40 1993 : 13.50 15.90 20.00 13.10 13.80 15.40 1992 : 11.30 11.40 12.30 11.80 11.90 12.40 1991 : 11.10 12.70 11.80 11.80 11.10 8.81 ------------------------------------------------------------------------------ Cotton, Upland: Prices Received and Monthly Marketings by Month, State, and U.S., Marketing Year Average by State and U. S., 1996 ------------------------------------------------------------------------------ State : Jan : Feb : Mar : Apr : May : Jun ------------------------------------------------------------------------------ : Dollars Per Pound : AL : 0.729 0.779 0.784 0.788 1/ 1/ AZ : 0.748 0.690 0.736 0.729 0.721 0.713 AR : 0.741 0.728 0.747 0.775 0.750 0.735 CA : 0.847 0.838 0.852 0.863 0.806 0.821 GA : 0.773 0.794 0.807 0.846 0.834 0.821 LA : 0.722 0.729 0.727 0.776 0.777 0.772 MS : 0.734 0.734 0.743 0.779 0.747 0.736 TN : 0.746 0.722 0.801 0.775 0.737 0.752 TX : 0.764 0.755 0.749 0.768 0.758 0.771 : US : 0.764 0.757 0.768 0.789 0.767 0.769 : : Marketings, (000) Bales : US : 2,265 757 716 559 343 304 : ------------------------------------------------------------------ : Jul : Aug : Sep : Oct : Nov : Dec : MYA 2/ : ------------------------------------------------------------------ : Dollars Per Pound : AL : 1/ 1/ 1/ 0.728 0.697 0.727 0.714 AZ : 0.717 0.684 0.736 0.674 0.687 0.722 0.696 AR : 0.747 0.750 0.729 0.732 0.695 0.711 0.716 CA : 0.800 0.770 0.776 0.773 0.772 0.775 0.773 GA : 1/ 0.777 0.740 0.727 0.731 0.704 0.730 LA : 0.726 0.739 0.704 0.688 0.655 0.648 0.676 MS : 0.734 0.735 0.726 0.712 0.681 0.660 0.701 NC 3/ : 0.722 0.722 0.733 0.746 0.703 0.742 TN : 0.730 0.750 0.704 0.719 0.694 0.675 0.708 TX : 0.740 0.705 0.688 0.653 0.650 0.654 0.668 : US : 0.736 0.719 0.717 0.715 0.697 0.694 0.706 : : Marketings, (000) Bales : US : 331 592 593 1,902 3,096 2,388 13,846 ------------------------------------------------------------------------------ 1/ Sales insufficient to establish a price. 2/ Preliminary, based on August-November 1996 revised prices. 3/ Monthly estimates began in August 1996. Cotton, Upland: Prices Received and Monthly Marketings by Month, State, and U.S., Marketing Year Average by State and U. S., 1995 ------------------------------------------------------------------------------- State : Jan : Feb : Mar : Apr : May : Jun ------------------------------------------------------------------------------- : Dollars Per Pound AL : 0.711 0.742 0.856 0.744 1/ 1/ AZ : 0.799 0.813 0.948 1/ 1.023 1.023 AR : 0.721 0.707 0.796 0.705 0.701 0.700 CA : 0.945 0.948 1.080 1.132 1.079 0.979 GA : 0.760 0.831 0.843 0.984 1/ 1/ LA : 0.740 0.707 0.718 0.705 0.705 0.700 MS : 0.721 0.786 0.710 0.704 0.738 0.702 TN : 0.762 0.806 0.726 0.754 0.701 0.705 TX : 0.764 0.798 0.701 0.696 0.733 0.706 : US : 0.787 0.802 0.826 0.776 0.762 0.793 : : Marketings, (000) Bales : US : 2,058 1,097 522 232 206 249 : ------------------------------------------------------------------ : Jul : Aug : Sep : Oct : Nov : Dec : MYA 2/ : ------------------------------------------------------------------ : Dollars Per Pound : AL : 1/ 1/ 0.756 0.694 0.689 0.746 0.729 AZ : 0.977 0.669 0.734 0.718 0.732 0.782 0.729 AR : 0.699 0.698 0.719 0.736 0.729 0.722 0.734 CA : 0.994 0.784 0.833 0.789 0.803 0.841 0.821 GA : 1/ 1/ 0.765 0.734 0.755 0.757 0.766 LA : 0.699 0.705 0.719 0.734 0.726 0.712 0.732 MS : 0.699 0.705 0.730 0.751 0.721 0.707 0.734 TN : 0.704 0.703 0.711 0.735 0.758 0.732 0.750 TX : 0.689 0.726 0.736 0.725 0.745 0.742 0.746 : US : 0.801 0.722 0.748 0.742 0.750 0.757 0.754 : : Marketings, (000) Bales : US : 180 446 851 2,132 2,692 2,612 13,277 ------------------------------------------------------------------------------- 1/ Sales insufficient to establish a price. 2/ Based on August 1995 - July 1996 monthly prices and marketings. Cottonseed: Prices Received by Month, State and U.S., Marketing Year Average by State and U.S., 1995-96 ------------------------------------------------------------------------------- State : Jan : Feb : Aug : Sep : Oct : Nov : Dec : MYA 1/ ------------------------------------------------------------------------------- : Dollars Per Ton : : 1996 1/ : AL : 125.00 102.00 109.00 114.00 AZ : 155.00 155.00 157.00 152.00 156.00 AR : 120.00 122.00 100.00 100.00 117.00 CA : 175.00 174.00 175.00 GA : 91.00 123.00 112.00 103.00 98.00 107.00 LA : 125.00 120.00 125.00 124.00 MS : 124.00 120.00 106.00 102.00 119.00 NC 2/ : 113.00 101.00 105.00 106.00 TN : 122.00 120.00 109.00 100.00 118.00 TX : 117.00 114.00 118.00 137.00 137.00 127.00 131.00 130.00 : US : 106.00 117.00 118.00 129.00 123.00 117.00 136.00 130.00 : : 1995 3/ : : AL : 87.00 92.00 94.00 90.00 AZ : 122.00 130.00 133.00 131.00 AR : 95.00 108.00 105.00 105.00 106.00 CA : 157.00 132.00 131.00 132.00 GA : 66.00 70.00 75.00 85.00 90.00 83.50 LA : 107.00 113.00 95.00 108.00 MS : 100.00 105.00 104.00 104.00 103.00 TN : 100.00 100.00 93.00 99.50 TX : 102.00 100.00 102.00 90.00 117.00 117.00 110.00 : US : 95.00 70.00 100.00 101.00 99.00 114.00 116.00 106.00 ------------------------------------------------------------------------------- 1/ MYA preliminary, based on August - November 1996 revised prices. 2/ Monthly estimates began in August 1996. 3/ MYA based on August 1995 - February 1996 final prices. Flaxseed: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : ND : 5.27 5.22 5.28 5.31 6.12 6.12 SD : 5.14 5.15 5.30 5.26 : : 1995 : ND : 4.76 4.94 5.13 5.11 4.90 5.03 SD : 4.87 5.03 5.02 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 5.26 5.21 5.28 5.31 6.13 5.90 1995 : 4.76 4.94 5.13 5.10 4.91 5.03 1994 : 4.38 4.61 4.64 4.60 4.43 4.25 1993 : 4.11 4.46 4.52 4.40 4.42 4.45 1992 : 3.39 3.43 3.51 3.53 3.61 3.66 1991 : 5.12 4.82 4.90 4.66 4.33 3.98 ------------------------------------------------------------------------------ continued Flaxseed: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Bushel : : 1996 : ND : 6.19 6.18 5.85 6.50 6.49 6.79 SD : 6.17 6.12 6.27 6.30 : : 1995 : ND : 5.10 5.21 5.12 5.11 5.17 5.09 SD : 5.16 5.20 5.07 5.05 5.16 5.12 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 6.19 6.15 5.89 6.49 6.50 6.79 1995 : 5.11 5.21 5.11 5.11 5.17 5.03 1994 : 4.15 4.52 4.55 4.52 4.52 4.72 1993 : 4.29 3.79 4.24 4.09 4.05 4.18 1992 : 3.70 3.68 4.12 4.09 4.08 4.24 1991 : 3.92 3.69 3.55 3.39 3.31 3.46 ------------------------------------------------------------------------------ Dry Beans: Prices Received, Monthly by States, 1995-96; and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : : 1996 : CA : 34.10 34.60 34.30 34.70 35.30 36.20 CO : 15.50 16.70 18.10 21.80 26.80 27.00 ID : 17.70 18.40 19.10 21.70 25.20 25.90 MI : 18.20 18.10 18.50 19.40 21.00 22.20 MN : 21.30 21.40 17.80 20.20 23.80 26.80 NE : 21.20 22.80 21.70 24.50 25.80 25.90 ND : 15.10 15.90 16.80 19.80 23.60 24.00 WA : 21.80 20.70 23.60 23.30 25.60 28.20 : : 1995 : CA : 35.40 35.10 35.40 34.60 35.00 35.70 CO : 15.40 15.30 16.00 16.30 16.70 17.20 ID : 18.30 18.20 18.70 18.70 18.70 18.90 MI : 28.10 28.40 27.70 25.30 26.90 29.80 MN : 21.20 20.70 19.60 20.00 21.40 22.50 NE : 21.10 20.90 21.50 22.90 23.70 22.90 ND : 16.10 15.80 16.70 18.40 20.70 18.50 WA : 22.90 23.60 21.40 19.10 20.20 19.00 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 19.60 19.90 19.90 22.70 24.80 25.80 1995 : 22.30 21.10 21.30 23.60 25.30 24.10 1994 : 25.90 25.40 26.20 26.10 25.60 25.00 1993 : 21.20 20.70 20.00 18.30 17.80 16.50 1992 : 14.70 15.20 15.30 15.80 16.30 15.10 1991 : 17.20 18.20 18.90 19.60 20.00 17.80 ------------------------------------------------------------------------------ continued Dry Beans: Prices Received, Monthly by States, 1995-96; and United States, 1991-96, continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Cwt : : 1996 : CA : 36.30 36.90 37.20 36.10 37.70 38.70 CO : 26.10 25.00 26.00 23.60 23.20 22.20 ID : 26.00 24.90 25.00 25.10 24.10 24.00 MI : 24.40 25.90 24.10 24.00 22.90 22.00 MN : 29.00 28.10 26.50 23.90 26.10 21.90 NE : 25.00 24.40 24.30 23.10 20.70 19.90 ND : 24.20 23.00 21.90 22.20 20.90 20.60 WA : 26.40 25.60 1/ : : 1995 : CA : 35.20 34.40 34.40 34.00 34.60 33.80 CO : 17.00 16.30 16.50 16.90 15.40 15.30 ID : 19.20 19.20 18.20 18.20 17.90 17.50 MI : 25.30 26.30 18.70 18.80 17.10 18.90 MN : 19.80 20.00 17.10 17.10 16.70 20.20 NE : 22.60 19.90 20.70 21.00 20.80 22.20 ND : 17.80 16.10 16.00 15.60 15.00 15.40 WA : 18.20 23.30 22.30 20.60 23.90 25.00 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 26.80 26.90 24.30 23.90 25.20 24.00 1995 : 24.00 23.00 18.30 19.10 19.50 20.60 1994 : 26.10 25.40 21.10 23.50 22.60 22.20 1993 : 18.60 19.10 21.10 23.20 26.60 25.00 1992 : 16.90 18.20 20.10 20.20 21.30 21.50 1991 : 21.40 15.80 15.00 15.70 16.00 15.30 ------------------------------------------------------------------------------ 1/ Discontinued. All Hay: Prices Received, Monthly by States, 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Ton : : 1996 : AZ : 82.00 85.00 97.00 100.00 92.00 85.00 AR : 64.00 63.00 65.00 74.00 63.00 61.00 CA : 96.00 103.00 96.00 105.00 106.00 106.00 CO : 89.00 88.00 82.00 84.00 88.00 87.00 ID : 82.00 80.00 86.00 82.00 78.00 84.00 IL : 81.00 78.00 81.00 86.00 83.00 91.00 IN : 72.00 76.00 90.00 99.00 103.00 99.00 IA : 83.00 82.00 84.00 87.00 90.00 100.00 KS : 76.00 76.00 77.00 78.00 78.00 78.00 KY : 68.00 72.00 72.00 77.00 88.00 74.00 MI : 64.00 64.00 69.00 69.00 79.00 79.00 MN : 84.00 80.00 76.00 79.00 75.00 78.00 MO : 67.00 68.00 67.00 67.00 69.00 69.00 MT : 63.00 66.00 65.00 67.00 63.00 64.00 NE : 60.00 60.00 58.00 59.00 61.00 61.00 NV : 102.00 92.00 90.00 94.00 94.00 98.00 NM : 118.00 119.00 124.00 126.00 123.00 126.00 NY : 93.00 96.00 95.00 92.00 87.00 82.00 ND : 45.00 44.00 41.00 46.00 43.00 44.00 OH : 85.00 87.00 81.00 90.00 90.00 99.00 OK : 71.00 76.00 85.00 84.00 87.00 95.00 OR : 102.00 102.00 102.00 103.00 102.00 101.00 PA : 98.00 102.00 99.00 105.00 110.00 110.00 SD : 57.00 57.00 56.00 60.00 67.00 68.00 TX : 65.00 71.00 69.00 77.00 99.00 112.00 UT : 60.00 58.00 59.00 57.00 59.00 57.00 WA : 101.00 97.00 102.00 105.00 115.00 113.00 WI : 60.00 61.00 60.00 71.00 53.00 67.00 WY : 69.00 68.00 66.00 63.00 62.00 64.00 : : 1995 : AZ : 107.00 103.00 98.00 91.00 88.00 73.00 AR : 63.00 70.00 56.00 61.00 58.00 59.00 CA : 114.00 110.00 104.00 95.00 97.00 99.00 CO : 92.00 89.00 93.00 91.00 90.00 91.00 ID : 86.00 90.00 93.00 87.00 85.00 92.00 IL : 81.00 81.00 83.00 84.00 86.00 84.00 IN : 90.00 88.00 95.00 107.00 111.00 77.00 IA : 78.00 80.00 81.00 81.00 83.00 87.00 KS : 74.00 73.00 71.00 72.00 73.00 71.00 KY : 78.00 76.00 67.00 71.00 83.00 68.00 MI : 79.00 69.00 69.00 74.00 74.00 69.00 MN : 73.00 72.00 71.00 67.00 67.00 72.00 MO : 66.00 66.00 66.00 67.00 67.00 66.00 MT : 72.00 72.00 70.00 73.00 71.00 70.00 NE : 58.00 57.00 58.00 55.00 58.00 62.00 NV : 94.00 98.00 96.00 99.00 94.00 94.00 NM : 132.00 140.00 134.00 127.00 117.00 117.00 NY : 84.00 87.00 81.00 80.00 81.00 84.00 ND : 52.00 49.00 44.00 49.00 43.00 43.00 OH : 82.00 79.00 71.00 79.00 73.00 70.00 OK : 85.00 83.00 80.00 76.00 78.00 72.00 OR : 100.00 101.00 101.00 100.00 101.00 90.00 PA : 101.00 101.00 90.00 98.00 93.00 88.00 SD : 61.00 59.00 52.00 63.00 68.00 63.00 TX : 62.00 61.00 63.00 59.00 93.00 74.00 UT : 82.00 84.00 83.00 80.00 75.00 75.00 WA : 92.00 89.00 94.00 100.00 101.00 94.00 WI : 63.00 65.00 73.00 73.00 57.00 65.00 WY : 87.00 88.00 84.00 82.00 84.00 82.00 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 79.50 79.20 80.10 88.90 95.50 92.30 1995 : 83.60 83.60 83.40 86.10 90.80 83.90 1994 : 86.10 88.10 91.10 96.80 96.80 89.40 1993 : 76.10 78.00 80.50 83.60 91.30 83.00 1992 : 68.70 71.10 69.90 70.90 79.50 75.80 1991 : 77.90 77.80 80.50 85.50 81.10 75.20 ------------------------------------------------------------------------------ continued All Hay: Prices Received, Monthly by States, 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Ton : : 1996 : AZ : 78.00 78.00 80.00 97.00 106.00 94.00 AR 1/ : CA : 99.00 103.00 102.00 109.00 113.00 117.00 CO : 85.00 93.00 95.00 98.00 98.00 98.00 ID : 90.00 90.00 90.00 92.00 100.00 94.00 IL : 90.00 95.00 96.00 101.00 105.00 107.00 IN 1/ : IA : 93.00 90.00 91.00 96.00 101.00 106.00 KS : 76.00 76.00 77.00 85.00 87.00 87.00 KY : 79.00 93.00 84.00 80.00 75.00 73.00 MI : 74.00 78.00 87.00 97.00 107.00 117.00 MN : 80.00 77.00 75.00 76.00 83.00 87.00 MO : 68.00 66.00 67.00 67.00 68.00 68.00 MT : 64.00 68.00 73.00 71.00 75.00 84.00 NE : 65.00 66.00 65.00 62.00 63.00 66.00 NV : 98.00 97.00 97.00 93.00 96.00 102.00 NM : 120.00 127.00 120.00 121.00 126.00 130.00 NY : 79.00 80.00 78.00 101.00 94.00 91.00 ND : 46.00 45.00 43.00 47.00 46.00 47.00 OH : 105.00 110.00 127.00 124.00 148.00 162.00 OK : 94.00 94.00 94.00 95.00 98.00 98.00 OR : 102.00 102.00 102.00 100.00 103.00 103.00 PA : 101.00 106.00 106.00 114.00 116.00 123.00 SD : 67.00 66.00 73.00 76.00 67.00 75.00 TX : 108.00 104.00 102.00 84.00 81.00 82.00 UT : 73.00 74.00 68.00 67.00 73.00 77.00 WA : 115.00 116.00 111.00 110.00 115.00 110.00 WI : 55.00 58.00 64.00 64.00 67.00 90.00 WY : 68.00 71.00 74.00 74.00 73.00 78.00 : : 1995 : AZ : 69.00 64.00 65.00 77.00 81.00 84.00 AR : 57.00 60.00 62.00 62.00 61.00 71.00 CA : 96.00 94.00 98.00 104.00 96.00 106.00 CO : 89.00 90.00 90.00 90.00 87.00 87.00 ID : 88.00 88.00 86.00 89.00 90.00 91.00 IL : 79.00 81.00 86.00 86.00 85.00 82.00 IN : 73.00 63.00 71.00 73.00 70.00 72.00 IA : 76.00 76.00 74.00 72.00 77.00 81.00 KS : 71.00 73.00 73.00 75.00 77.00 77.00 KY : 64.00 70.00 64.00 71.00 69.00 65.00 MI : 59.00 59.00 64.00 64.00 64.00 69.00 MN : 70.00 63.00 60.00 68.00 71.00 84.00 MO : 66.00 67.00 67.00 66.00 68.00 68.00 MT : 67.00 66.00 64.00 65.00 68.00 66.00 NE : 59.00 58.00 60.00 59.00 55.00 58.00 NV : 97.00 95.00 96.00 98.00 100.00 96.00 NM : 110.00 108.00 112.00 111.00 114.00 120.00 NY : 78.00 77.00 75.00 78.00 85.00 91.00 ND : 50.00 44.00 38.00 48.00 40.00 43.00 OH : 69.00 73.00 72.00 73.00 75.00 83.00 OK : 62.00 67.00 75.00 73.00 80.00 78.00 OR : 96.00 100.00 99.00 100.00 100.00 102.00 PA : 84.00 85.00 86.00 90.00 97.00 96.00 SD : 58.00 56.00 58.00 56.00 55.00 53.00 TX : 76.00 76.00 76.00 70.00 62.00 64.00 UT : 74.00 68.00 67.00 61.00 63.00 62.00 WA : 97.00 97.00 95.00 93.00 93.00 92.00 WI : 60.00 59.00 64.00 60.00 59.00 62.00 WY : 76.00 74.00 70.00 71.00 69.00 70.00 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 89.40 92.30 92.10 93.70 95.40 95.90 1995 : 82.80 82.30 81.00 81.70 80.50 78.80 1994 : 86.00 85.30 86.20 87.90 85.00 87.50 1993 : 79.20 80.90 81.80 84.60 83.00 85.20 1992 : 69.70 71.90 70.10 70.30 71.00 73.50 1991 : 71.80 70.80 69.80 68.50 68.20 68.90 ------------------------------------------------------------------------------ 1/ Monthly estimates discontinued July 1996. Alfalfa Hay: Prices Received, Monthly by State, 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Ton : : 1996 : AZ : 87.00 87.00 97.00 101.00 92.00 85.00 AR : 118.00 117.00 115.00 125.00 130.00 134.00 CA : 100.00 104.00 98.00 108.00 109.00 108.00 CO : 90.00 89.00 83.00 85.00 89.00 87.00 ID : 84.00 81.00 87.00 83.00 78.00 86.00 IL : 84.00 86.00 88.00 90.00 87.00 96.00 IN : 74.00 80.00 101.00 107.00 110.00 110.00 IA : 85.00 87.00 89.00 91.00 92.00 103.00 KS : 78.00 78.00 80.00 81.00 80.00 80.00 KY : 96.00 103.00 108.00 107.00 104.00 98.00 MI : 65.00 65.00 70.00 70.00 80.00 80.00 MN : 93.00 90.00 84.00 84.00 84.00 85.00 MO : 100.00 100.00 99.00 100.00 101.00 102.00 MT : 65.00 67.00 66.00 68.00 65.00 64.00 NE : 62.00 63.00 62.00 62.00 63.00 63.00 NV : 102.00 93.00 92.00 95.00 93.00 103.00 NM : 121.00 121.00 127.00 129.00 126.00 129.00 NY : 104.00 103.00 103.00 99.00 92.00 95.00 ND : 48.00 45.00 46.00 49.00 49.00 45.00 OH : 105.00 105.00 105.00 115.00 125.00 130.00 OK : 87.00 92.00 99.00 100.00 101.00 109.00 OR : 105.00 105.00 104.00 105.00 106.00 104.00 PA : 110.00 113.00 113.00 116.00 126.00 125.00 SD : 59.00 61.00 60.00 65.00 69.00 69.00 TX : 112.00 121.00 133.00 152.00 150.00 145.00 UT : 61.00 59.00 60.00 57.00 59.00 57.00 WA : 99.00 95.00 98.00 98.00 108.00 112.00 WI : 62.00 62.00 62.00 73.00 54.00 69.00 WY : 69.00 68.00 67.00 65.00 63.00 64.00 : : 1995 : AZ : 109.00 104.00 99.00 91.00 88.00 73.00 AR : 130.00 120.00 115.00 120.00 120.00 120.00 CA : 124.00 113.00 107.00 97.00 100.00 103.00 CO : 92.00 89.00 93.00 91.00 90.00 91.00 ID : 88.00 91.00 93.00 88.00 85.00 92.00 IL : 84.00 86.00 88.00 90.00 87.00 85.00 IN : 95.00 94.00 101.00 111.00 114.00 79.00 IA : 81.00 83.00 84.00 84.00 87.00 91.00 KS : 79.00 79.00 77.00 76.00 75.00 74.00 KY : 110.00 110.00 102.00 99.00 99.00 95.00 MI : 80.00 70.00 70.00 75.00 75.00 70.00 MN : 79.00 76.00 78.00 73.00 77.00 78.00 MO : 98.00 98.00 98.00 100.00 100.00 98.00 MT : 73.00 73.00 71.00 74.00 73.00 71.00 NE : 60.00 59.00 62.00 57.00 59.00 62.00 NV : 95.00 99.00 97.00 100.00 95.00 95.00 NM : 136.00 144.00 138.00 130.00 120.00 119.00 NY : 90.00 91.00 86.00 86.00 83.00 90.00 ND : 55.00 51.00 48.00 52.00 49.00 49.00 OH : 100.00 95.00 90.00 95.00 95.00 90.00 OK : 105.00 101.00 100.00 90.00 86.00 80.00 OR : 103.00 104.00 104.00 103.00 104.00 103.00 PA : 113.00 113.00 104.00 109.00 106.00 102.00 SD : 64.00 64.00 58.00 68.00 71.00 64.00 TX : 111.00 122.00 116.00 122.00 120.00 114.00 UT : 83.00 85.00 83.00 80.00 75.00 75.00 WA : 88.00 87.00 90.00 91.00 93.00 94.00 WI : 65.00 67.00 75.00 75.00 58.00 65.00 WY : 87.00 88.00 85.00 85.00 85.00 82.00 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 84.60 84.60 85.50 93.40 100.00 96.90 1995 : 89.00 89.00 89.00 89.40 94.80 89.50 1994 : 90.50 93.20 95.60 101.00 102.00 94.90 1993 : 79.80 82.40 84.80 86.90 95.40 88.00 1992 : 72.30 74.50 72.90 73.70 84.00 80.40 1991 : 84.20 84.80 85.90 90.10 86.50 80.10 ------------------------------------------------------------------------------ continued Alfalfa Hay: Prices Received, Monthly by State, 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Ton : : 1996 : AZ : 82.00 81.00 84.00 98.00 109.00 100.00 AR 1/ : CA : 100.00 106.00 104.00 111.00 113.00 118.00 CO : 85.00 94.00 96.00 99.00 99.00 99.00 ID : 92.00 93.00 92.00 93.00 101.00 94.00 IL : 94.00 100.00 100.00 105.00 110.00 112.00 IN 1/ : IA : 96.00 95.00 97.00 101.00 104.00 111.00 KS : 78.00 78.00 79.00 89.00 90.00 90.00 KY : 107.00 118.00 117.00 114.00 112.00 106.00 MI : 75.00 80.00 90.00 100.00 110.00 120.00 MN : 83.00 83.00 85.00 82.00 93.00 91.00 MO : 98.00 98.00 97.00 100.00 101.00 102.00 MT : 66.00 68.00 74.00 73.00 76.00 85.00 NE : 67.00 68.00 67.00 64.00 66.00 69.00 NV : 100.00 97.00 99.00 96.00 97.00 104.00 NM : 123.00 130.00 123.00 124.00 129.00 134.00 NY : 89.00 96.00 86.00 110.00 110.00 103.00 ND : 48.00 49.00 53.00 51.00 49.00 51.00 OH : 130.00 135.00 145.00 150.00 180.00 190.00 OK : 114.00 111.00 111.00 111.00 117.00 120.00 OR : 105.00 105.00 106.00 105.00 107.00 107.00 PA : 113.00 117.00 121.00 128.00 129.00 140.00 SD : 68.00 71.00 79.00 81.00 76.00 84.00 TX : 137.00 139.00 140.00 123.00 122.00 141.00 UT : 73.00 74.00 68.00 67.00 73.00 78.00 WA : 111.00 112.00 106.00 105.00 110.00 108.00 WI : 60.00 60.00 66.00 65.00 68.00 95.00 WY : 68.00 72.00 74.00 74.00 74.00 78.00 : : 1995 : AZ : 69.00 64.00 65.00 77.00 81.00 84.00 AR : 120.00 110.00 110.00 110.00 110.00 120.00 CA : 99.00 97.00 99.00 105.00 98.00 115.00 CO : 89.00 89.00 90.00 90.00 87.00 87.00 ID : 90.00 90.00 87.00 90.00 91.00 92.00 IL : 82.00 85.00 89.00 92.00 90.00 86.00 IN : 79.00 67.00 79.00 78.00 74.00 75.00 IA : 79.00 79.00 77.00 75.00 82.00 83.00 KS : 74.00 75.00 75.00 77.00 79.00 79.00 KY : 95.00 95.00 96.00 105.00 106.00 95.00 MI : 60.00 60.00 65.00 65.00 65.00 70.00 MN : 76.00 75.00 62.00 71.00 83.00 93.00 MO : 98.00 100.00 100.00 97.00 100.00 100.00 MT : 68.00 68.00 66.00 66.00 69.00 67.00 NE : 60.00 59.00 61.00 61.00 62.00 60.00 NV : 98.00 96.00 96.00 100.00 100.00 98.00 NM : 112.00 110.00 114.00 114.00 117.00 123.00 NY : 81.00 90.00 80.00 89.00 91.00 102.00 ND : 53.00 48.00 45.00 54.00 44.00 45.00 OH : 85.00 90.00 85.00 90.00 95.00 100.00 OK : 75.00 79.00 85.00 88.00 91.00 90.00 OR : 104.00 105.00 104.00 105.00 103.00 105.00 PA : 101.00 100.00 102.00 106.00 110.00 108.00 SD : 59.00 57.00 60.00 58.00 58.00 57.00 TX : 116.00 120.00 113.00 108.00 124.00 114.00 UT : 74.00 69.00 67.00 61.00 63.00 63.00 WA : 91.00 90.00 91.00 90.00 89.00 90.00 WI : 60.00 60.00 65.00 60.00 59.00 63.00 WY : 76.00 74.00 71.00 71.00 70.00 70.00 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 92.90 95.60 95.70 98.20 100.00 102.00 1995 : 88.20 87.40 85.40 85.80 85.00 84.60 1994 : 91.40 90.70 92.00 91.90 90.90 93.60 1993 : 84.00 85.20 87.10 88.90 87.80 89.70 1992 : 73.70 75.40 73.40 73.70 74.90 76.50 1991 : 75.40 74.00 72.30 71.20 71.00 72.00 ------------------------------------------------------------------------------ 1/ Monthly estimates discontinued July 1996. Other Hay: Prices Received, Monthly by State 1995-96 and United States, 1991-96 ------------------------------------------------------------------------------ : : : : : : State : Jan : Feb : Mar : Apr : May : Jun : : : : : : ------------------------------------------------------------------------------ : Dollars per Ton : : 1996 : AZ : 73.00 70.00 73.00 63.00 96.00 93.00 AR : 58.00 57.00 59.00 68.00 56.00 53.00 CA : 76.00 73.00 73.00 71.00 73.00 77.00 CO : 80.00 82.00 73.00 74.00 75.00 76.00 ID : 59.00 69.00 62.00 60.00 63.00 67.00 IL : 66.00 63.00 63.00 63.00 63.00 73.00 IN : 68.00 69.00 70.00 84.00 91.00 79.00 IA : 68.00 56.00 64.00 65.00 72.00 76.00 KS : 57.00 57.00 57.00 59.00 58.00 58.00 KY : 60.00 65.00 67.00 66.00 64.00 66.00 MI : 55.00 55.00 60.00 65.00 75.00 75.00 MN : 49.00 41.00 44.00 53.00 53.00 58.00 MO : 60.00 62.00 60.00 60.00 62.00 62.00 MT : 55.00 55.00 54.00 57.00 56.00 55.00 NE : 48.00 48.00 46.00 44.00 43.00 43.00 NV : 100.00 80.00 74.00 85.00 98.00 55.00 NM : 94.00 99.00 95.00 94.00 97.00 99.00 NY : 76.00 68.00 81.00 80.00 70.00 69.00 ND : 32.00 31.00 31.00 32.00 36.00 32.00 OH : 60.00 60.00 55.00 60.00 60.00 60.00 OK : 49.00 56.00 60.00 60.00 67.00 74.00 OR : 76.00 76.00 76.00 76.00 76.00 76.00 PA : 89.00 91.00 92.00 93.00 101.00 99.00 SD : 43.00 45.00 45.00 48.00 55.00 51.00 TX : 63.00 65.00 67.00 71.00 75.00 95.00 UT : 42.00 41.00 43.00 40.00 40.00 40.00 WA : 122.00 125.00 129.00 124.00 132.00 140.00 WI : 45.00 54.00 51.00 60.00 45.00 60.00 WY : 64.00 62.00 62.00 60.00 58.00 60.00 : : 1995 : AZ : 1/ 1/ 1/ 1/ 67.00 66.00 AR : 55.00 60.00 51.00 56.00 51.00 52.00 CA : 59.00 63.00 63.00 80.00 66.00 61.00 CO : 94.00 91.00 95.00 93.00 93.00 92.00 ID : 73.00 74.00 77.00 66.00 75.00 73.00 IL : 66.00 63.00 63.00 63.00 63.00 71.00 IN : 70.00 71.00 70.00 81.00 85.00 73.00 IA : 56.00 59.00 55.00 55.00 59.00 60.00 KS : 60.00 58.00 56.00 54.00 54.00 54.00 KY : 69.00 68.00 63.00 61.00 61.00 59.00 MI : 70.00 60.00 65.00 70.00 70.00 65.00 MN : 59.00 56.00 54.00 52.00 45.00 46.00 MO : 60.00 60.00 60.00 60.00 60.00 60.00 MT : 64.00 65.00 59.00 63.00 65.00 63.00 NE : 49.00 49.00 46.00 46.00 47.00 49.00 NV : 85.00 85.00 85.00 88.00 85.00 85.00 NM : 99.00 102.00 95.00 95.00 94.00 97.00 NY : 75.00 82.00 75.00 73.00 79.00 79.00 ND : 35.00 34.00 35.00 34.00 34.00 34.00 OH : 60.00 55.00 50.00 50.00 50.00 50.00 OK : 56.00 56.00 51.00 55.00 67.00 59.00 OR : 75.00 74.00 75.00 73.00 74.00 75.00 PA : 91.00 89.00 84.00 86.00 86.00 83.00 SD : 47.00 40.00 37.00 49.00 53.00 57.00 TX : 58.00 56.00 55.00 54.00 59.00 51.00 UT : 70.00 70.00 70.00 67.00 65.00 62.00 WA : 139.00 132.00 119.00 122.00 122.00 109.00 WI : 42.00 52.00 50.00 55.00 48.00 55.00 WY : 80.00 82.00 77.00 78.00 78.00 78.00 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 65.90 64.90 67.40 71.10 75.70 74.40 1995 : 68.30 66.70 67.60 73.10 70.30 62.30 1994 : 73.70 71.10 75.50 78.40 74.30 68.90 1993 : 66.30 66.40 67.30 70.60 69.30 62.90 1992 : 59.20 62.30 61.90 59.20 59.90 62.20 1991 : 61.30 60.20 61.60 60.10 59.90 58.00 ------------------------------------------------------------------------------ 1/ See footnotes at end of table. continued Other Hay: Prices Received, Monthly by State 1995-96 and United States, 1991-96 continued ------------------------------------------------------------------------------ : : : : : : State : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : ------------------------------------------------------------------------------ : Dollars per Ton : : 1996 : AZ : 53.00 47.00 62.00 69.00 87.00 75.00 AR 2/ : CA : 76.00 76.00 81.00 69.00 90.00 84.00 CO : 75.00 81.00 87.00 85.00 87.00 88.00 ID : 71.00 66.00 74.00 76.00 84.00 83.00 IL : 70.00 73.00 78.00 80.00 85.00 87.00 IN 2/ : IA : 67.00 66.00 66.00 74.00 77.00 73.00 KS : 57.00 57.00 58.00 69.00 70.00 70.00 KY : 73.00 80.00 77.00 74.00 72.00 68.00 MI : 70.00 65.00 70.00 80.00 90.00 100.00 MN : 54.00 51.00 51.00 62.00 60.00 73.00 MO : 62.00 60.00 61.00 60.00 61.00 61.00 MT : 55.00 58.00 59.00 58.00 60.00 72.00 NE : 48.00 49.00 51.00 47.00 44.00 49.00 NV : 75.00 92.00 79.00 64.00 85.00 84.00 NM : 97.00 102.00 94.00 91.00 101.00 98.00 NY : 68.00 69.00 55.00 75.00 65.00 79.00 ND : 35.00 36.00 34.00 35.00 35.00 37.00 OH : 75.00 80.00 90.00 90.00 100.00 115.00 OK : 63.00 68.00 68.00 72.00 70.00 65.00 OR : 74.00 74.00 74.00 74.00 76.00 76.00 PA : 91.00 95.00 99.00 101.00 105.00 113.00 SD : 58.00 47.00 47.00 48.00 47.00 53.00 TX : 95.00 91.00 94.00 76.00 76.00 79.00 UT : 45.00 45.00 43.00 45.00 48.00 46.00 WA : 143.00 135.00 146.00 153.00 143.00 140.00 WI : 40.00 50.00 55.00 56.00 61.00 70.00 WY : 63.00 64.00 67.00 67.00 67.00 70.00 : : 1995 : AZ : 71.00 62.00 73.00 85.00 73.00 80.00 AR : 50.00 54.00 57.00 57.00 55.00 65.00 CA : 65.00 65.00 67.00 69.00 72.00 71.00 CO : 90.00 92.00 89.00 85.00 85.00 85.00 ID : 69.00 68.00 67.00 66.00 64.00 68.00 IL : 69.00 65.00 69.00 69.00 65.00 65.00 IN : 62.00 56.00 56.00 65.00 63.00 65.00 IA : 54.00 54.00 53.00 49.00 58.00 63.00 KS : 54.00 55.00 55.00 56.00 58.00 58.00 KY : 58.00 58.00 58.00 65.00 66.00 60.00 MI : 55.00 55.00 55.00 55.00 55.00 60.00 MN : 44.00 44.00 45.00 40.00 42.00 48.00 MO : 60.00 60.00 60.00 60.00 61.00 62.00 MT : 61.00 58.00 53.00 58.00 57.00 56.00 NE : 50.00 48.00 50.00 45.00 45.00 45.00 NV : 85.00 90.00 95.00 84.00 95.00 75.00 NM : 93.00 90.00 93.00 87.00 89.00 91.00 NY : 73.00 60.00 60.00 70.00 75.00 75.00 ND : 33.00 34.00 32.00 35.00 30.00 31.00 OH : 45.00 50.00 50.00 55.00 55.00 60.00 OK : 46.00 54.00 60.00 58.00 64.00 59.00 OR : 70.00 76.00 76.00 76.00 76.00 76.00 PA : 80.00 80.00 82.00 84.00 88.00 88.00 SD : 50.00 45.00 46.00 48.00 49.00 42.00 TX : 59.00 53.00 54.00 57.00 55.00 61.00 UT : 57.00 50.00 50.00 50.00 45.00 44.00 WA : 135.00 132.00 125.00 112.00 120.00 122.00 WI : 50.00 50.00 50.00 55.00 52.00 51.00 WY : 71.00 70.00 66.00 66.00 64.00 64.00 ------------------------------------------------------------------------------ Year : United States ------------------------------------------------------------------------------ 1996 : 75.50 76.90 77.80 74.10 76.60 77.90 1995 : 64.80 63.40 64.00 64.00 65.60 64.30 1994 : 66.20 64.80 65.40 69.20 68.50 69.90 1993 : 63.20 63.80 61.70 66.00 67.70 67.30 1992 : 58.10 60.70 59.10 58.20 60.90 61.90 1991 : 59.20 61.20 62.00 60.00 59.60 60.00 ------------------------------------------------------------------------------ 1/ Price not published to avoid disclosure of individual operations. 2/ Monthly estimates discontinued July 1996. Potatoes : Prices Received by Farmers, Monthly and Marketing Year Average by State and U.S., 1996, were not available at press time. These tables will appear in the next "Agricultural Prices" report released at 3:00 p.m. ET on February 28, 1997. Potatoes : Prices Received by Farmers, Monthly and Marketing Year Average by State and U.S., 1996, were not available at press time. These tables will appear in the next "Agricultural Prices" report released at 3:00 p.m. ET on February 28, 1997. Cotton, Upland: Twelve-Month Average Price and Monthly Marketings, U.S., January - December 1996 ------------------------------------------------------------------------------- : : Month : Marketings 1/ : Average Price 2/ ------------------------------------------------------------------------------- : (000) Bales Dollars per Pound : January : 2,265 0.764 February : 757 0.757 March : 716 0.768 April : 559 0.789 May : 343 0.767 June : 304 0.769 July : 331 0.736 August : 592 0.719 September : 593 0.717 October : 1,902 0.715 November : 3,096 0.697 December : 2,388 0.694 : Calendar : Year Average : 13,846 0.726 ------------------------------------------------------------------------------- 1/ Expanded marketings from monthly cotton price survey of buyers. 2/ Revised monthly prices. Calendar year average results from weighting monthly prices by monthly marketings. Rice: Five-Month Average Price and Monthly Marketings, U.S. August 1996 - December 1996 ------------------------------------------------------------------------------ : : Month : Average Price : Marketings 1/ : : ------------------------------------------------------------------------------ : Dollars Per Cwt Cwt (000) : Aug : 9.99* 10,520* Sep : 9.95 13,478* Oct : 9.75* 11,988* Nov : 9.36* 11,768* Dec : 9.63* 12,758 : 5-Months 2/ : 9.74 60,512 ------------------------------------------------------------------------------ * Revised. 1/ Reported purchases from producers by private firms plus reported rough rice equivalent of rice shipped during the month for cooperative mills. 2/ Computed in accordance with procedures in the federal register notice published in vol. 44, No. 56, Issued Wednesday, March 21, 1979 and Federal Register Notice published in vol 47, no. 158, Monday, August 16, 1982. Sweet Potatoes: Prices Received by Farmers, Marketing Year Average, by State and United States, 1995 and 1996 ------------------------------------------------------------------------------ State : 1995 : 1996 1/ ------------------------------------------------------------------------------ : Dollars per Cwt : AL : 16.50 14.60 CA : 33.00 21.60 GA : 10.10 13.10 LA : 13.20 13.80 MS : 15.10 13.70 NJ : 23.10 15.20 NC : 11.60 12.10 SC : 12.60 15.50 TX : 12.70 16.70 VA : 10.60 11.30 : US : 15.80 14.70 ------------------------------------------------------------------------------ 1/ Preliminary. Peaches for Fresh Use: Monthly Average Prices Received, United States, May 1994 - September 1996 ------------------------------------------------------------------------------ Year : May : Jun : Jul : Aug : Sep ------------------------------------------------------------------------------ : Dollars per Pound : 1994 : .193 .138 .177 .176 .239 1995 : .345 .205 .184 .266 .324 1996 : .348 .272 .303 .318 .365 ------------------------------------------------------------------------------ Apples for Fresh Use: Monthly Average Prices Received, United States, July 1994 - December 1996 ------------------------------------------------------------------------------- Year : Jul : Aug : Sep : Oct : Nov : Dec :Jan 1/: Feb : Mar : Apr : May : Jun ------------------------------------------------------------------------------- : Dollars per Pound : 1994 : .194 .289 .207 .191 .164 .192 .195 .183 .182 .166 .154 .156 1995 : .349 .304 .262 .253 .238 .244 .254 .242 .251 .226 .219 .219 1996 : .226 .255 .316 .259 .241 .235 ------------------------------------------------------------------------------- 1/ January of the following year. Pears for Fresh Use: Monthly Average Prices Received, United States, July 1994 - December 1996 ------------------------------------------------------------------------------- Year : Jul : Aug : Sep : Oct : Nov : Dec :Jan 1/: Feb : Mar : Apr : May : Jun ------------------------------------------------------------------------------- : Dollars per Ton : 1994 : 148 170 278 248 271 253 274 301 363 399 419 557 1995 : 358 332 374 354 351 324 297 301 316 313 367 584 1996 : 454 385 492 490 596 568 ------------------------------------------------------------------------------- 1/ January of the following year. Grapes for Fresh Use: Monthly Average Prices Received, United States, May 1995 - November 1996 ------------------------------------------------------------------------------- Year : May : Jun : Jul : Aug : Sep : Oct : Nov : Dec ------------------------------------------------------------------------------- : Dollars per Ton : 1995 : 1050 580 650 650 480 560 530 680 1996 : 1300 1300 670 620 800 1020 1430 ------------------------------------------------------------------------------- Limes: Marketing Year Average Prices Received, Florida 1995-96 (Final) and 1996-97 (Preliminary) ------------------------------------------------------------------------------ : 1995-96 : 1996-97 Utilization :-------------------------------------------------------------- : F.O.B : Equiv : Equiv : F.0.B : Equiv : Equiv : Packed: P.H.D. : On-tree : Packed: P.H.D. : On-tree ------------------------------------------------------------------------------ : Dollars per box : All : 12.49 6.69 9.69 3.89 Fresh : 26.10 14.90 8.90 22.90 11.70 5.70 Processing : 2.83 -2.17 1.83 -3.17 : ------------------------------------------------------------------------------ Limes: Average Prices and Equivalent Returns, Florida, May 1995 - December 1996 ------------------------------------------------------------------------------ State, Month : : Equiv P.H.D. : Equiv On-Tree and : F.O.B :---------------------------------------------------- Year : Packed : All : Fresh : Proc : All : Fresh : Proc ------------------------------------------------------------------------------ : Dollars per box : FL : All Limes : May 1995 : 37.00 25.80 25.80 19.80 19.80 Jun : 16.00 4.52 4.80 3.00 -1.33 -1.20 -2.00 Jul : 18.00 5.91 6.80 3.00 0.14 0.80 -2.00 Aug : 32.00 16.22 20.80 3.00 10.48 14.80 -2.00 Sep : 26.00 11.61 14.80 3.00 5.88 8.80 -2.00 Oct : 26.00 12.83 14.80 3.00 7.00 8.80 -2.00 Nov : 26.00 12.88 14.80 2.00 7.03 8.80 -3.00 Dec : 28.00 14.69 16.80 2.00 8.83 10.80 -3.00 Jan 1996 : 30.00 16.86 18.80 2.00 10.98 12.80 -3.00 Jun : 21.80 9.51 10.60 1.75 3.64 4.60 -3.25 Jul : 18.60 6.45 7.40 1.75 0.61 1.40 -3.25 Aug : 21.70 8.48 10.50 1.75 2.71 4.50 -3.25 Sep : 21.90 8.40 10.70 1.75 2.66 4.70 -3.25 Oct : 19.80 6.71 8.60 2.00 1.00 2.60 -3.00 Nov : 24.60 9.13 13.40 2.00 3.50 7.40 -3.00 Dec : 22.00 8.40 10.80 2.00 2.67 4.80 -3.00 ------------------------------------------------------------------------------ Parity Prices Parity prices based on data for January 1997 and adjusted base price data from which parity prices are computed, are presented in the table on page A-75 through A-78. Annual average prices for 1986 through 1996 for use in parity computations, and ten-year averages for 1986-95 and 1987-96 are shown on pages A-80 through A-89. Parity Prices shown on the following pages are computed under the provisions of Title III. Subtitle A, Section 301(a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, 1954, and 1956. The major provisions of the amended Act relating to the calculation of parity prices are as follows: "(1) (A) The 'parity price' for any agricultural commodity, as of any date, shall be determined by multiplying the adjusted base price of such commodity as of such date by the parity index as of such date. "(B) The 'adjusted base price' of any agricultural commodity, as of any date, shall be (i) the average of the prices received by farmers for such commodity, at such time as the Secretary may select during each year of the ten-year period ending on the 31st of December last before such date, or during each marketing season beginning in such period if the Secretary determines use of a calendar year basis to be impracticable, divided by (ii) the ratio of the general level of prices received by farmers for agricultural commodities during the period January 1910 to December 1914, inclusive. "(C) The 'parity index', as of any date, shall be the ratio of (i) the general level of prices for articles and services that farmers buy, wages paid hired farm labor, interest on farm indebtedness secured by farm real estate, and taxes on farm real estate, for the calendar month ending last before such date to (ii) the general level of such prices, wages, rates, and taxes during the period January 1910 to December 1914, inclusive. "(D) The prices and indexes provided for herein, and the data used in computing them, shall be determined by the Secretary, whose determination shall be final." Section 301(a) (1) (F) outlines authority for the Secretary of Agriculture to make special adjustments in the method of computing parity prices for particular commodities if the method outlined in the Act results in parity prices seriously out of line with those of other commodities. The parity prices shown in this report are based on the provisions of the amended Act. Briefly, the actual method of computation is as follows: a. The average of prices received by farmers for individual commodities for the 10 preceding years is calculated (for 1996 this is the 1986-95 average). An allowance for unredeemed loans and other supplemental payments resulting from price support programs, such as the deficiency payments for grains and cotton, is included for those commodities for which applicable. b. This 10-year average is divided by the average of the Index of Prices Received by Farmers for the same 10 preceding calendar years, adjusted to include an allowance for unredeemed loans and other supplemental price support operations, to give an "adjusted base price". c. Parity prices are computed by multiplying the "adjusted base prices" by the current Parity Index (the Index of Prices Paid by Farmers, Including Interest, Taxes, and Wage Rates, 1910-14=100). Parity prices are calculated in terms of prices received by farmers in the local markets in which they ordinarily sell. This means that the parity prices apply to the average of all classes and grades of the commodity as sold by all farmers in the United States, except as otherwise specified. Fruits and vegetables for fresh use and for processing are usually considered separate commodities and separate parity prices are calculated. The Agricultural Marketing Agreement Act of 1937 provided for parity prices for certain commodities covered by a marketing agreement or order program. Under present legislation, U.S. parity prices, with appropriate adjustments where needed, may be used for the purpose of this Act. The indexes used in the computation of parity prices are published currently in "Agricultural Prices". For the purpose of illustrating the computation of parity prices, the calculation of the parity price for corn based on data for January 1997 is given below. The 120-month, January 1987-December 1996 average of prices received by farmers for corn was $2.84 per bushel, adjusted to allow for unredeemed loans and other supplemental payments resulting from price support operations. The 120-month average of the Index of Prices Received by Farmers, adjusted to include an allowance for unredeemed loans, etc., was 679 (1910-14=100). Dividing $2.84 by 6.79 gives $.418 per bushel, the adjusted base price which is multiplied by 1515 percent, the Parity Index (1910-14=100), based on data for January 1997. This gives $6.33 per bushel, the parity price of corn during February 1997. The Parity Ratio The parity ratio (the Index of Prices Received by Farmers for the products they sell divided by the Parity Index (1910-14=100) provides an indication of the per unit purchasing power of farm commodities generally in terms of the goods and services currently bought by farmers, in relation to purchasing power of farm products in the 1910-14 base period. Thus, a Parity Ratio less than 100 indicates that the average per unit purchasing power of all farm products is lower than during the 1910-14 period. The parity ratio is a measure of price relationships; not a measure of farm income, farmers' total purchasing power, or farmers' welfare. The latter depends upon a number of factors other than price relationships, such as changes in production efficiency and technology, quantities of farm products sold, and supplementary income, including that from off-farm jobs and federal programs. An adjusted parity ratio is computed and published which incorporates supplementary income for federal farm programs. A "preliminary adjusted parity ratio reflecting government payments" based on the forecast of direct government payments for the year is published each quarter in "Agricultural Prices". Adjusted Base Prices and United States Parity Prices Based on Data for January, 1997 --------------------------------------------------------------------------- : Adjusted : Parity Prices Commodity and Unit : Base : Based on : Prices : data for : 1/ : Jan 1997 2/ --------------------------------------------------------------------------- : Dollars Basic Commodities : Wheat, Bu 3/ : .623 9.44 Rice, Cwt 3/ : 1.69 25.60 Corn, Bu 3/ : .418 6.33 Cotton, Lb : American Upland 3/ : .112 1.70 Extra Long Staple : .150 2.27 Peanuts, Lb : .0430 .651 Tobacco, Lb : Flue-Cured, Types 11-14 : .250 3.79 VA Fire-Cured, Type 21 : .233 3.53 KY-TN Fire-Cured, : Types 22-23 : .303 4.59 Burley, Type 31 : .259 3.92 Maryland, Type 32 : .225 3.41 Dark Air-Cured, Types 35-36 : .253 3.83 Sun-Cured, Type 37 : .209 3.17 PA SeedLeaf, Type 41 : .176 2.67 Cigar Filler & Binder, : Types 42-44, 54-55 : .208 3.15 Puerto Rican Filler, Type 46 : .173 2.62 Cigar Binder, Types 51-52 : .429 6.50 : Designated Nonbasic Commodities : Soybeans, Bu 3/ : .901 13.70 All Milk Sold to Plants, Cwt : 1.93 29.20 Honey, Wholesale, Lb : Extracted : .0859 1.300 : Wool and Mohair : Wool, Lb 3/ : .270 4.09 Mohair, Lb : .721 10.90 : Other Nonbasic Commodities : Field Crops and Misc : Barley, Bu 3/ : .381 5.77 Cottonseed, Ton : 15.30 232.00 Dry Edible Beans, Cwt : 3.28 49.70 Flaxseed, Bu : .748 11.30 All Hay, Baled, Ton : 11.90 180.00 Hops, Lb : .239 3.62 Oats, Bu 3/ : .237 3.59 Peppermint Oil, Lb : 2.00 30.30 Potatoes, Cwt : .839 12.70 Rye, Bu : .303 4.59 Sorghum Grain, Cwt 3/ : .661 10.00 Spearmint Oil, Lb : 1.91 28.90 Sweetpotatoes, Cwt : 1.25 18.90 Tobacco, Cigar Wrapper : Type 61, Lb : 2.58 39.10 : --------------------------------------------------------------------------- See footnotes on page 79. Adjusted Base Prices and United States Parity Prices Based on Data for January, 1997 (continued) --------------------------------------------------------------------------- : Adjusted : Parity Prices Commodity and Unit : Base : Based on : Prices : data for : 1/ : Jan 1997 2/ --------------------------------------------------------------------------- : Dollars Fruit, Citrus (Equiv : On-Tree) Box : Grapefruit 13/ : .704 10.70 Lemons 13/ : 1.150 17.40 Limes (FL) : 1.30 19.70 Oranges 13/ : .900 13.60 Tangerines 13/ : 1.90 28.80 Temples 13/ : .755 11.40 : Fruit, Deciduous and Other : Apples : Fresh, Lb 4/ : .0290 .439 Processing, Ton 13/ : 18.30 277.00 Apricots, Ton : Fresh : 147.00 2,230.00 Processing : Dried (CA) : 309.00 4,680.00 Excl Dried : 42.40 642.00 Avocados, Ton 13/ : 141.00 2,140.00 Cherries : Sweet, Ton : 147.00 2,230.00 Tart, Lb 13/ : .0363 .550 Cranberries, Bbl 13/ : 7.10 108.00 Dates (CA) Ton 5/ : 130.00 1,970.00 : Discontinued Nonbasic Commodities : Field Crops and Misc 14/ : Crude Pine Gum, Bbl : 13.90 211.00 Dry Field Peas, Cwt : 1.89 28.60 Popcorn, Cwt : 1.81 27.40 Tobacco, Type 62, Lb : .858 13.00 : Fruit, Deciduous and Other 16/ : Berries, Processing, Lb : Blackberries : .0620 .939 Black Raspberries : .106 1.61 Boysenberries/Youngberries : .0879 1.330 Gooseberries : .0373 .565 Loganberries : .0603 .914 Red Raspberries : .0844 1.280 : Seed Crops, Cwt 14/ : Alfalfa : 19.30 292.00 Bentgrass : 18.90 286.00 Chewings Fescue : 10.00 152.00 Crimson Clover : 8.40 127.00 Hairy Vetch : 5.81 88.00 Ladino Clover : 24.70 374.00 Lespedeza : 8.31 126.00 Merion KY Bluegrass : 22.00 333.00 Orchardgrass : 7.16 108.00 Red Clover : 12.00 182.00 Red Fescue : 10.10 153.00 Tall Fescue : 3.67 55.60 Timothy : 6.40 97.00 --------------------------------------------------------------------------- See footnotes on page 79. Adjusted Base Prices and United States Parity Prices Based on Data for January, 1997 (continued) --------------------------------------------------------------------------- : Adjusted : Parity Prices Commodity and Unit : Base : Based on : Prices : data for : 1/ : Jan 1997 2/ --------------------------------------------------------------------------- : Dollars : Fruit, Deciduous and Other, Cont: Grapes, Ton : Raisin Varieties : Dried (CA) : 137.00 2,080.00 Excl Raisin Varieties Dried : 52.60 797.00 Kiwifruit, Ton 13/ : 116.00 1,760.00 Nectarines (CA), Ton : Fresh 5/ : 61.60 933.00 Processing 6/ : 4.82 73.00 Olives (CA), Ton 7/ : Processing : Crushed for oil : 1.69 25.60 Excl crushed : 81.60 1,240.00 Canning : 93.70 1,420.00 Papayas (HA), Fresh, Lb : .0411 .623 Peaches : Fresh, Lb 7/ : .0401 .608 Processing : Dried (CA), Ton 6/ : 131.00 1,980.00 Excluding Dried, Ton : Clingstone (CA), Ton 7/ : 30.80 467.00 Freestone, Ton 6/ : 26.80 406.00 Pears : Fresh, Ton 4/ : 50.20 761.00 Processing, Ton 6/ : Dried (CA) : 140.00 2,120.00 Excluding Dried : 29.70 450.00 Plums (CA) Equiv On-Tree : Fresh, Ton 8/ : 53.60 812.00 Processing, Ton : 3.51 53.20 Prunes, Dried (CA), Ton 13/ : 122.00 1,850.00 Prunes & Plums (EX CA) Ton : Fresh 8/ : 55.70 844.00 Processing 6/ : 21.10 320.00 Strawberries, Lb : Fresh 6/ : .0838 1.270 Processing : .0390 .591 Sugar Crops, Ton : Sugarbeets 10/ 13/ : 5.89 89.20 Sugarcane 10/ 13/ : 4.37 66.20 : Tree Nuts 11/ : Almonds, Lb : .212 3.21 Filberts, Ton : 116.00 1,760.00 Pecans, All, Ton : 259.00 3,920.00 Walnuts, Ton 13/ : 148.00 2,240.00 : Vegetables, Fresh, Cwt 9/ : Asparagus : 12.40 188.00 Broccoli 12/ : 3.64 55.10 Carrots 12/ : 1.55 23.50 --------------------------------------------------------------------------- See footnotes on page 79. Adjusted Base Prices and United States Parity Prices Based on Data for January, 1997 (continued) --------------------------------------------------------------------------- : Adjusted : Parity Prices Commodity and Unit : Base : Based on : Prices : data for : 1/ : Jan 1997 2/ --------------------------------------------------------------------------- : Dollars : Cauliflower 12/ : 4.18 63.30 Celery 12/ : 1.83 27.70 Greenhouse Cucumbers : Honeydew Melons : 2.40 36.40 Lettuce : 2.14 32.40 Onions 12/ : 1.71 25.90 Sweet Corn : 2.37 35.90 Tomatoes : 4.33 65.60 : Vegetables, Processing, Ton 6/ : Asparagus : 151.00 2,290.00 Green Peas : 36.80 558.00 Snap Beans : 25.50 386.00 Sweet Corn : 10.10 153.00 Tomatoes : 9.28 141.00 : Livestock and Products : Beef Cattle, Cwt : 9.99 151.00 Calves, Cwt : 12.70 192.00 Eggs, Doz : .0935 1.42 Hogs, Cwt : 6.79 103.00 Lambs, Cwt : 10.00 152.00 Sheep, Cwt : 4.06 61.50 Turkeys, Lb : .0573 .868 : Discontinued Nonbasic Commodities : Vegetables, Fresh, Cwt 14/ : Artichokes : 4.55 68.90 Cabbage : 1.38 20.90 Cantaloupes : 2.13 32.30 Cucumbers : 2.28 34.50 Eggplant : 2.41 36.50 Escarole : 3.10 47.00 Garlic : 2.93 44.40 Green Peppers : 3.60 54.50 Snap Beans : 4.51 68.30 Spinach : 3.95 59.80 Watermelon : .846 12.80 : Vegetables, Processing, Ton 14/ : Beets : 7.79 118.00 Cabbage : 6.01 91.10 Lima Beans : 67.00 1020.00 Spinach : 14.50 220.00 : Livestock and Products 14/ : Beeswax, Lb : .291 4.41 --------------------------------------------------------------------------- See footnotes on page 79. Adjusted Base Prices and United States Parity Prices Based on data for January 1997 (continued) 1/ Adjusted base price 1910-14 derived by dividing the average of 10 season average prices 1987-96, including an allowance where appropriate for unredeemed loans and other supplemental payments resulting from price support operations, by 679 percent (the 120-month, Jan 1987-Dec 1996 average of the index of prices received by farmers adjusted to include an allowance for unredeemed loans and other supplemental payments) unless otherwise noted. 2/ These parity prices are the legally applicable parity prices for the following calendar month. 3/ Adjusted base price 1910-14 derived from 120-month, Jan 1987-Dec 1996 average including an allowance where appropriate for unredeemed loans and other supplemental payments resulting from price support operations. 4/ Equivalent packinghouse-door returns for CA, NY (apples only starting in 1985), OR (except peaches), and WA. Prices "as sold" for other states. 5/ Equivalent returns at packinghouse-door. 6/ Equivalent returns at processing plant door. 7/ Equivalent returns for bulk fruit at first delivery point. 8/ Based on 'as sold' prices for fresh fruit in all states. 9/ Average F.O.B. shipping point prices. 10/ 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. 11/ Prices on in-shell basis except almonds which are on shelled basis. 12/ Includes some processing. 13/ The 1996 marketing year average prices are not yet available for these commodities. Therefore, the adjusted base prices are brought forward from July 1995, except citrus items (excluding limes) and cranberries. 14/ Monthly and/or season average prices are no longer estimated for these items. Therefore, the adjusted base price is brought forward from July 1986. Average Base Period Prices Received by Farmers, US, 1910-14 ------------------------------------------------------------------------------- : Price : Average : : Price : Average Commodity : Per : Jan 1910- : Commodity : Per : Jan 1910- : Unit : Dec 1914 : : Unit : Dec 1914 ------------------------------------------------------------------------------- : : : : : All Wheat :Dol/Bu : .880 : Sweetpotatoes :Dol/Cwt: 1.61 Rice (Rough) :Dol/Cwt: 1.81 : Dry Edible Beans :Dol/Cwt: 3.39 Corn :Dol/Bu : .649 : All Beef Cattle :Dol/Cwt: 5.52 Oats :Dol/Bu : .399 : Calves :Dol/Cwt: 6.84 All Barley :Dol/Bu : .617 : All Hogs :Dol/Cwt: 7.29 All Hay, Baled :Dol/Ton: 11.90 : Lambs :Dol/Cwt: 5.96 Cotton : Ct/Lb : 11.92 : Sheep :Dol/Cwt: 4.59 Peanuts : Ct/Lb : 4.83 : All Milk :Dol/Cwt: 1.61 Cottonseed :Dol/Ton: 21.80 : All Eggs : Ct/Doz: 21.6 Flaxseed :Dol/Bu : 1.68 : Turkeys, Live : Ct/Lb : 14.3 Potatoes :Dol/Cwt: 1.13 : Wool : Ct/Lb : 17.8 ------------------------------------------------------------------------------- Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1987-96 1/ ---------------------------------------------------------------------------- : : : : : : : : : : : : : : Commodity and Unit : 1987 : 1988 : 1989 : 1990 : 1991 : 1992 : 1993 : : : : : : : ---------------------------------------------------------------------------- Index of Prices : (1910-14=100) Received by Farmers : 563 627 659 660 632 626 643 ---------------------------------------------------------------------------- : Dollars : : Calendar Year Average Prices 3/ Basic Commodities : Corn, Bu : 1.56 2.27 2.43 2.40 2.33 2.29 2.22 Cotton, Upland, Lb : .596 .575 .595 .648 .655 .532 .538 Cotton, Long Staple, Lb : 1.040 1.180 .971 1.060 .970 .788 .870 Tobacco, Type 32, Lb : 1.110 1.508 1.624 1.811 1.602 1.470 1.430 Wheat, Bu : 2.55 3.33 3.88 2.98 2.74 3.41 3.21 Rice, Cwt : 4.60 7.80 7.03 6.90 7.34 7.03 5.98 : Designated Nonbasic Comm : All Milk, Cwt : 12.50 12.20 13.60 13.70 12.20 13.10 12.80 : Other Nonbasic Comm : Field Crops and Misc : Barley, Bu : 1.77 2.38 2.55 2.21 2.07 2.09 1.98 Dry Beans, Cwt : 17.70 22.40 29.70 27.40 17.60 17.60 20.70 Flaxseed, Bu : 3.21 5.85 7.34 6.86 4.09 3.75 4.25 Hay, Baled, Ton : 62.40 77.30 89.20 85.30 74.70 71.90 82.30 Oats, Bu : 1.51 2.26 1.87 1.27 1.15 1.36 1.40 Rye, Bu : 1.62 2.52 2.06 2.09 2.20 2.38 2.55 Sorghum, Cwt : 2.56 3.66 3.90 3.87 3.96 3.87 3.66 Soybeans, Bu : 5.08 7.21 6.63 5.82 5.60 5.56 6.04 Sweet Potatoes, Cwt : 11.60 13.00 16.40 9.70 13.30 12.20 15.10 : Fruit : Apples, Fresh, Lb 4/ : .176 .164 .146 .167 .230 .248 .183 : Livestock and Products : Beef Cattle, Cwt : 61.40 66.80 69.70 74.80 72.90 71.30 73.40 Calves, Cwt : 78.10 89.90 91.80 96.50 99.90 89.40 95.90 Eggs, Doz : .531 .533 .700 .704 .660 .564 .629 Hogs, Cwt : 50.80 42.50 43.20 54.00 48.80 42.00 45.20 Lambs, Cwt : 77.90 69.50 67.30 56.00 52.50 60.80 64.60 Sheep, Cwt : 30.40 27.10 27.00 23.80 20.40 26.90 29.50 Turkeys, Lb : .444 .343 .369 .400 .384 .377 .376 ---------------------------------------------------------------------------- Footnotes on page A-89. -- continued Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1987-96 1/ (continued) ----------------------------------------------------------------------------- : : : : : 1987-96 Average : : : :1986-95:-------------------- Commodity and Unit : 1994 : 1995 : 1996 :Average: As :For Parity : : : : :Computed:Purposes 2/ ----------------------------------------------------------------------------- Index of Prices : (1910-14=100) Received by Farmers : 634 647 712 624 640 679 ----------------------------------------------------------------------------- : Dollars : : Calendar Year Average prices 3/ Basic Commodities : Corn, Bu : 2.41 2.56 3.55 2.24 2.40 2.84 Cotton, Upland, Lb : .661 .772 .741 .612 .631 .762 Cotton, Long Staple, Lb : 1.025 1.228 1.022 1.003 1.015 1.016 Tobacco, Type 32, Lb : 1.481 1.573 1.663 1.467 1.527 Wheat, Bu : 3.52 4.09 4.77 3.24 3.45 4.23 Rice, Cwt : 8.22 7.62 9.58 6.75 7.21 11.50 : Designated Nonbasic Comm : All Milk, Cwt : 13.00 12.80 14.70 12.80 13.10 : Other Nonbasic Comm : Field Crops and Misc : Barley, Bu : 2.01 2.47 3.08 2.12 2.26 2.59 Dry Beans, Cwt : 24.60 21.90 23.70 21.70 22.30 Flaxseed, Bu : 4.49 5.05 5.93 4.92 5.08 Hay, Baled, Ton : 88.90 83.20 89.50 77.70 80.50 Oats, Bu : 1.29 1.45 2.00 1.47 1.56 1.61 Rye, Bu : 2.70 2.90 3.70 1.88 2.06 Sorghum, Cwt : 3.97 4.51 5.93 3.71 3.99 4.49 Soybeans, Bu : 6.11 5.85 7.28 5.89 6.12 6.12 Sweetpotatoes, Cwt : 14.00 15.80 14.70 8.10 8.50 : Fruit : Apples, Fresh, Lb 4/ : .183 .224 .245 .192 .197 : Livestock and Products : Beef Cattle, Cwt : 66.50 62.20 59.10 67.20 67.80 Calves, Cwt : 87.10 74.80 58.80 86.40 86.20 Eggs, Doz : .610 .652 .768 .620 .635 Hogs, Cwt : 39.50 41.80 53.20 45.80 46.10 Lambs, Cwt : 64.80 78.30 88.20 66.10 68.00 68.00 Sheep, Cwt : 31.60 28.60 30.40 27.10 27.60 Turkeys, Lb : .390 .407 .411 .390 .389 ----------------------------------------------------------------------------- Footnotes on page A-89. Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1987-96 1/ -------------------------------------------------------------------------------- : : : : : : : : : : : : Commodity and Unit : 1987 : 1988 : 1989 : 1990 : 1991 : 1992 : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices Basic Commodities : Peanuts, Lb 18/ : .280 .280 .280 .347 .283 .300 Tobacco, Lb : Types 11-14 : 1.587 1.613 1.674 1.673 1.723 1.726 Type 21 : 1.315 1.482 1.537 1.602 1.526 1.615 KY-TN Fire-Cured, : Types 22-23 : 1.515 2.207 1.990 1.952 2.134 2.173 Burley, Type 31 : 1.563 1.610 1.672 1.753 1.788 1.815 Types 35-36 : 1.304 1.628 1.701 1.863 1.840 1.694 Sun-Cured, Type 37 : 1.025 1.239 1.351 1.456 1.434 1.380 PA Seedleaf, Type 41 : .720 1.040 1.270 1.390 1.430 1.150 Cigar Filler & Binder: Types 42-44, 54-55 : 1.000 1.250 1.500 1.500 1.550 1.487 Puerto Rican Filler, : Type 46 7/ : .747 .731 Types 51-52 : 1.700 1.700 1.800 2.500 2.600 2.800 : Designated Nonbasic Comm : Honey, Wholesale, Lb : Extracted 8/ : .503 .500 .498 .537 .556 .550 : Wool and Mohair 9/ : Wool, Lb : .917 1.380 1.240 .800 .550 .740 Mohair, Lb : 2.63 1.89 1.58 .93 1.28 .86 : Other Nonbasic Comm : Field Crops and Misc : Cottonseed, Ton : 82.50 118.00 105.00 121.00 71.00 97.50 Hops, Lb : 1.510 1.400 1.380 1.480 1.680 1.740 Peppermint Oil, Lb : 11.60 15.90 13.10 13.90 13.30 12.80 Potatoes, Cwt : 4.38 6.02 7.36 6.08 4.96 5.52 Spearmint Oil, Lb : 12.10 12.80 13.90 14.90 13.90 12.80 -------------------------------------------------------------------------------- Footnotes on page A-89. -- continued Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1987-96 1/ (continued) -------------------------------------------------------------------------------- : : : : : : : : : : : 1986-95: 1987-96 Commodity and Unit : 1993 : 1994 : 1995 : 1996 : Average: Average : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices Basic Commodities : Peanuts, Lb 18/ : .304 .289 .293 .264 .295 .292 Tobacco, Lb : Types 11-14 : 1.681 1.698 1.790 1.835 1.669 1.700 Type 21 : 1.719 1.612 1.625 1.787 1.531 1.582 KY-TN Fire-Cured, : Types 22-23 : 2.194 2.092 2.172 2.182 1.987 2.061 Burley, Type 31 : 1.816 1.841 1.854 1.922 1.728 1.763 Types 35-36 : 1.715 1.685 1.762 1.971 1.639 1.716 Sun-Cured, Type 37 : 1.521 1.476 1.530 1.782 1.365 1.419 PA Seedleaf, Type 41 : .950 1.000 1.450 1.550 1.106 1.195 Cigar Filler & Binder: Types 42-44, 54-55 : 1.432 1.450 1.450 1.500 1.355 1.412 Puerto Rican Filler, : Type 46 7/ : .733 Types 51-52 : 3.000 3.060 3.890 6.000 2.483 2.905 : Designated Nonbasic Comm : Honey, Wholesale, Lb : Extracted 8/ : .539 .528 .644 6/ .537 : Wool and Mohair 9/ : Wool, Lb : .510 .780 1.040 6/ .863 Mohair, Lb : .82 2.56 1.84 6/ 1.69 : Other Nonbasic Comm : Field Crops and Misc : Cottonseed, Ton : 113.00 101.00 106.00 129.00 100.00 104.00 Hops, Lb : 1.760 1.800 1.710 1.730 1.620 1.620 Peppermint Oil, Lb : 13.30 14.60 13.80 13.60 13.30 13.60 Potatoes, Cwt : 6.18 5.58 6.77 6/ 5.79 Spearmint Oil, Lb : 12.30 12.50 12.30 12.20 12.90 13.00 -------------------------------------------------------------------------------- Footnotes on page A-89. Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1987-96 1/ -------------------------------------------------------------------------------- : : : : : : : : : : : : Commodity and Unit : 1987 : 1988 : 1989 : 1990 : 1991 : 1992 : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices Nonbasic Commodities : Tobacco, Cigar Wrapper : Type 61, Lb : 15.50 21.20 21.70 21.00 18.00 17.00 : Fruit, Citrus (Equiv : On-Tree) Box 10/ : Grapefruit : 5.43 4.41 5.86 5.55 6.20 2.75 Lemons : 6.89 8.74 12.02 12.00 9.13 6.15 Limes (FL) : 12.69 11.29 8.26 13.99 9.12 1.02 Oranges : 7.18 7.08 6.13 6.79 5.52 3.88 Tangerines : 13.29 12.61 15.80 16.69 14.77 12.08 Temples : 5.69 5.46 5.64 6.31 6.51 2.99 : Fruit, Deciduous and : Other : Apples, Ton : Processing 11/ : 79.30 123.00 107.00 144.00 171.00 130.00 Apricots, Ton : Fresh 14/ :1,010.00 1,000.00 1,070.00 960.00 1,250.00 980.00 Processing 11/ : Dried (CA) :2,450.00 2,100.00 1,890.00 1,950.00 2,110.00 1,960.00 Excl Dried : 285.00 282.00 284.00 276.00 289.00 286.00 Avocados, Ton :1,030.00 1,140.00 1,800.00 1,320.00 1,060.00 405.00 Cherries : Sweet, Ton : 748.00 788.00 713.00 894.00 968.00 915.00 Tart, Lb : .078 .187 .145 .181 .464 .176 Cranberries, Bbl : 44.50 45.70 44.00 46.10 49.00 51.60 Dates (CA) Ton : 872.00 896.00 1,040.00 820.00 970.00 1,060.00 Grapes, Ton : Raisin Varieties : Dried (CA) : 817.00 898.00 977.00 903.00 963.00 911.00 Excl Raisin Var Dr : 279.00 303.00 354.00 335.00 351.00 334.00 Kiwifruit, Ton 12/ : 710.00 760.00 400.00 415.00 820.00 290.00 Nectarines, CA, Ton : Fresh 12/ 20/ : 344.00 396.00 Processing 11/ 20/ : 26.00 56.80 Olives (CA), Ton : Processing 13/ : Crushed for Oil : 15.00 13.00 12.00 10.90 10.30 10.50 Excl Crushed : 635.00 535.00 489.00 440.00 574.00 568.00 Canning 13/ : 702.00 603.00 563.00 553.00 631.00 676.00 -------------------------------------------------------------------------------- Footnotes on page A-89. -- continued Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1987-96 1/ (continued) -------------------------------------------------------------------------------- : : : : : : : : : : : 1986-95: 1987-96 Commodity and Unit : 1993 : 1994 : 1995 : 1996 : Average: Average : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices Nonbasic Commodities : Tobacco, Cigar Wrapper : Type 61, Lb : 17.00 17.80 6/ 6/ 18.00 : Fruit, Citrus (Equiv : On-Tree) Box 10/ : Grapefruit : 3.33 2.24 2.37 6/ 4.31 Lemons : 6.18 7.52 6.05 6/ 7.82 Limes (FL) : 12.70 8.65 6.69 3.89 9.30 8.83 Oranges : 4.40 4.09 4.93 6/ 5.54 Tangerines : 9.56 12.21 11.08 6/ 12.86 Temples : 2.73 2.89 4.10 6/ 4.59 : Fruit, Deciduous and : Other : Apples, Ton : Processing 11/ : 107.00 114.00 158.00 6/ 125.00 Apricots, Ton : Fresh 14/ :1,140.00 546.00 900.00 1,180.00 1,020.00 1,000.00 Processing 11/ : Dried (CA) :2,320.00 1,890.00 2,090.00 2,240.00 2,060.00 2,100.00 Excl Dried : 271.00 305.00 287.00 314.00 283.00 288.00 Avocados, Ton :1,780.00 1,390.00 1,220.00 6/ 1,150.00 Cherries : Sweet, Ton :1,190.00 1,040.00 1,260.00 1,470.00 934.00 999.00 Tart, Lb : .121 .163 .059 6/ .178 .000 Cranberries, Bbl : 50.20 49.30 53.40 6/ 47.90 Dates (CA) Ton : 790.00 750.00 748.00 901.00 877.00 885.00 Grapes, Ton : Raisin Varieties : Dried (CA) : 937.00 923.00 980.00 970.00 907.00 928.00 Excl Raisin Var Dr : 377.00 376.00 399.00 457.00 335.00 357.00 Kiwifruit, Ton 12/ : 370.00 491.00 473.00 6/ 575.90 Nectarines, CA, Ton : Fresh 12/ 20/ : Processing 11/ 20/ : Olives (CA), Ton : Processing 13/ : Crushed for Oil : 10.50 11.00 11.00 11.00 12.10 11.50 Excl Crushed : 488.00 489.00 663.00 658.00 550.00 554.00 Canning 13/ : 558.00 551.00 760.00 761.00 631.00 636.00 -------------------------------------------------------------------------------- Footnotes on page A-89. Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1987-96 1/ -------------------------------------------------------------------------------- : : : : : : : : : : : : Commodity and Unit : 1987 : 1988 : 1989 : 1990 : 1991 : 1992 : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices : Papayas (HA), Fresh, Lb : .193 .210 .220 .250 .333 .250 : Peaches : Fresh, Lb 14/ : .229 .264 .286 .334 .269 .279 Processing 11/ : Dried (CA), Ton : 909.00 960.00 924.00 975.00 1,080.00 893.00 Excluding Dried, Ton : Clingstone CA, Ton : 189.00 207.00 214.00 214.00 218.00 215.00 Freestone, Ton : 177.00 170.00 173.00 183.00 190.00 188.00 : Pears : Fresh, Ton 4/ : 227.00 358.00 336.00 360.00 385.00 378.00 Processing, Ton 11/ : Dried (CA) : 753.00 956.00 861.00 756.00 900.00 1,130.00 Excluding Dried : 172.00 191.00 220.00 205.00 219.00 221.00 : Plums (CA), Ton : Fresh 20/ : Processing 20/ : : Prunes,Dried, CA, Ton 11/: 734.00 782.00 779.00 873.00 940.00 1,030.00 : Prunes&Plums, Ex CA, Ton : Fresh 14/ : 249.00 343.00 387.00 353.00 420.00 346.00 Processing 11/ : 90.20 105.00 105.00 102.00 219.00 132.00 : Strawberries, Lb : Fresh 15/ 16/ : .585 .541 .539 .553 .540 .615 Processing : .285 .252 .261 .287 .274 .247 : Sugar Crops, Ton 17/ : Sugarbeets : 38.20 41.20 42.10 43.00 38.50 41.40 Sugarcane : 29.10 29.40 29.20 30.80 29.00 28.10 -------------------------------------------------------------------------------- Footnotes on page A-89. -- continued Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1987-96 1/ (continued) -------------------------------------------------------------------------------- : : : : : : : : : : : 1986-95: 1987-96 Commodity and Unit : 1993 : 1994 : 1995 : 1996 : Average: Average : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices : Papayas (HA), Fresh, Lb : .232 .243 .435 .420 .258 .279 : Peaches : Fresh, Lb 14/ : .276 .188 .260 .330 .263 .272 Processing 11/ : Dried (CA), Ton : 713.00 856.00 894.00 726.00 907.00 893.00 Excluding Dried, Ton : Clingstone CA, Ton : 218.00 180.00 213.00 219.00 204.00 209.00 Freestone, Ton : 187.00 187.00 187.00 181.00 181.00 182.00 : Pears : Fresh, Ton 4/ : 280.00 258.00 343.00 488.00 329.00 341.00 Processing, Ton 11/ : Dried (CA) : 970.00 942.00 919.00 1,290.00 886.00 948.00 Excluding Dried : 206.00 184.00 177.00 227.00 196.00 202.00 : Plums (CA), Ton : Fresh 20/ : 387.00 364.00 Processing 20/ : 24.00 23.80 : Prunes,Dried, CA, Ton 11/:1,120.00 1,090.00 1,040.00 6/ 921.00 : Prunes&Plums, Ex CA, Ton : Fresh 14/ : 296.00 370.00 441.00 576.00 372.00 378.00 Processing 11/ : 153.00 114.00 142.00 265.00 126.00 143.00 : Strawberries, Lb : Fresh 15/ 16/ : .541 .602 .605 .565 .570 .569 Processing : .284 .291 .263 .204 .273 .265 : Sugar Crops, Ton 17/ : Sugarbeets : 39.00 38.80 38.10 6/ 39.60 Sugarcane : 28.50 29.20 29.50 6/ 29.00 -------------------------------------------------------------------------------- Footnotes on page A-89. Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1987-96 1/ -------------------------------------------------------------------------------- : : : : : : : : : : : : Commodity and Unit : 1987 : 1988 : 1989 : 1990 : 1991 : 1992 : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices : Tree Nuts 18/ : Almonds, Lb : 1.000 1.050 1.020 .930 1.190 1.300 Filberts, Ton : 959.00 853.00 820.00 784.00 726.00 552.00 Pecans, All, Ton :1,060.00 1,080.00 1,430.00 2,420.00 2,080.00 2,900.00 Walnuts, Ton : 984.00 922.00 1,070.00 1,040.00 1,060.00 1,410.00 : Vegetables,Fresh, Cwt 15/: Asparagus : 65.60 70.50 68.20 68.60 78.90 92.00 Broccoli 19/ : 21.90 24.00 21.00 22.30 22.00 23.50 Carrots 19/ : 8.66 10.50 10.30 9.37 11.20 10.80 Cauliflower 19/ : 25.40 25.70 26.10 24.20 26.80 28.10 Celery 19/ : 11.10 11.90 13.20 10.80 10.80 12.30 Honeydew Melons : 14.40 14.40 12.10 18.00 18.40 13.50 Lettuce : 14.70 14.70 12.60 11.50 11.40 12.40 Onions 19/ : 12.50 9.75 11.40 10.50 12.50 13.00 Sweet Corn : 12.90 14.80 16.90 15.00 17.00 14.60 Tomatoes : 25.90 27.10 33.10 27.30 31.70 35.80 : Vegetables, Proc. Ton 11/: Asparagus : 932.00 1,010.00 955.00 987.00 955.00 948.00 Green Peas : 224.00 234.00 238.00 249.00 261.00 239.00 Snap Beans : 160.00 168.00 174.00 183.00 176.00 173.00 Sweet Corn : 59.30 60.80 66.90 69.60 71.00 64.50 Tomatoes : 59.10 60.70 69.30 67.80 66.40 58.00 -------------------------------------------------------------------------------- Footnotes on page A-89. -- continued Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1987-96 1/ (continued) -------------------------------------------------------------------------------- : : : : : : : : : : : 1986-95: 1987-96 Commodity and Unit : 1993 : 1994 : 1995 : 1996 : Average: Average : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices : Tree Nuts 18/ : Almonds, Lb : 1.940 1.340 2.480 2.100 1.420 1.440 Filberts, Ton : 633.00 834.00 913.00 837.00 780.00 791.00 Pecans, All, Ton :1,172.00 2,080.00 2,020.00 1,332.00 1,770.00 1,760.00 Walnuts, Ton :1,390.00 1,030.00 1,400.00 6/ 1,140.00 : Vegetables,Fresh, Cwt 15/: Asparagus : 95.70 100.00 113.00 92.90 82.30 84.50 Broccoli 19/ : 26.60 27.50 29.30 28.50 23.90 24.70 Carrots 19/ : 11.90 10.00 12.50 10.10 10.60 10.50 Cauliflower 19/ : 30.00 28.80 34.70 33.90 27.50 28.40 Celery 19/ : 14.80 12.50 16.30 10.50 12.60 12.40 Honeydew Melons : 18.20 16.40 20.60 17.10 15.90 16.30 Lettuce : 16.00 13.30 23.50 14.80 14.20 14.50 Onions 19/ : 16.80 9.87 9.87 9.58 11.70 11.60 Sweet Corn : 17.80 17.20 18.20 16.60 15.80 16.10 Tomatoes : 31.70 27.40 25.80 28.40 29.10 29.40 : Vegetables, Proc. Ton 11/: Asparagus :1,050.00 1,050.00 1,150.00 1,210.00 996.00 1,025.00 Green Peas : 251.00 254.00 267.00 284.00 244.00 250.00 Snap Beans : 178.00 166.00 174.00 177.00 171.00 173.00 Sweet Corn : 72.40 68.60 75.60 78.50 66.80 68.70 Tomatoes : 60.10 62.10 63.20 63.50 63.10 63.00 -------------------------------------------------------------------------------- 1/ Averages used to compute "adjusted base prices". 1996 and 1987-96 averages are preliminary. 2/ Includes an allowance for price support operations as authorized by the Secretary Of Agriculture, January 30, 1956. This entry is omitted for commodities not affected by the adjustment. 3/ Simple average of monthly prices. Due to rounding differences, the 10-year average of these data might differ slightly from the 120-month averages shown in the 1986-95 and 1987-96 columns. 4/ Equivalent packinghouse-door returns for CA, NY (apples only starting in 1985), OR (except peaches), and WA. Prices "as sold" for other states. 5/ Unless otherwise noted these prices are the averages for the marketing season computed by weighting state prices by quantities sold. 6/ Not available. 7/ Price for year harvested, from Tobacco Division, AMS. 8/ For 1984 through 1986 the national averages are the support prices. 9/ Average local market price; does not include incentive payment per pound, the 1986-95 and 1987-96 averages for parity purposes include this allowance. 10/ Consistent with legislation quoted in this report, citrus prices shown for 1995 relate to the citrus crop designated as 1995-96 in the production reports. 11/ Equivalent returns at processing plant door. 12/ Equivalent returns at packinghouse-door. 13/ Equivalent returns for bulk fruit at first delivery point. 14/ Based on "as sold" prices for fresh fruit in all states. 15/ Average F.O.B. Shipping point prices. 16/ Includes strawberries for processing in states where the processing crop is not estimated separately. 17/ Prices include average conditional payments per ton made under the sugar acts of 1937 and 1948. Crop deficiency and abandonment payments not included. 18/ Prices on in-shell basis except almonds which are on shelled basis. 19/ Includes some processing. 20/ Marketing year average prices not published to avoid disclosure of individual operations. Parity Price Equivalent for Manufacturing Grade Milk By direction of the Secretary of Agriculture, the parity price equivalent for manufacturing grade milk is determined as follows: (1) Based on data for the 10 calendar years immediately preceding, compute the ratio of (a) the average price received by farmers, f.o.b. plant, for all manufacturing grade milk to (b) the average price received by farmers, f.o.b plant, for all milk sold to plants and dealers. (2) The parity price for all milk sold to plantsis multiplied by the resulting ratio of (a) to (b) to determine the parity price equivalent for manufacturing milk. The parity price equivalent for manufacturing milk is not in itself a parity price but rather is an administrative determination based on the above price relationship. The ratio is computed in January of each year and is used throughout the calendar year. The ratio to be used during 1996 is 90.8, down from 1996. The parity price for all milk sold to plants is $29.20 per cwt. This price multiplied by 90.8 percent, results in $26.51 per cwt as the parity price equivalent for manufacturing milk of average milkfat content. In 1996, the simple average of monthly fat tests for manufacturing grade milk was 3.80 percent. The fat test ranged from a low of 3.57 in July to a high of 3.99 percent in December. Manufacturing Grade Milk: Average Price Per Cwt Received by Farmers 1/, by Months, United States, January 1987-December 1996 ------------------------------------------------------------------------------- : : : : : : : : : : : : Year : Jan : Feb : Mar : Apr : May : Jun : Jul : Aug : Sep : Oct : Nov :Dec : : : : : : : : : : : : ------------------------------------------------------------------------------- : Dollars : 1987 :12.00 11.60 11.40 11.20 11.10 10.90 11.00 11.20 11.60 11.80 11.80 11.50 1988 :11.30 11.00 10.80 10.60 10.40 10.30 10.40 10.90 11.60 12.30 12.50 12.60 1989 :12.20 11.60 11.30 11.20 11.20 11.30 11.60 12.20 13.20 14.10 14.90 15.10 1990 :14.10 12.50 12.10 12.40 12.70 13.00 13.10 12.90 12.40 11.10 10.60 10.50 1991 :10.60 10.20 10.20 10.10 10.20 10.40 10.80 11.30 12.00 12.60 12.70 12.30 1992 :11.80 11.30 11.10 11.50 12.00 12.20 12.30 12.30 12.20 12.20 12.00 11.50 1993 :11.10 10.90 11.20 12.00 12.30 11.90 11.20 11.00 11.90 12.40 12.70 12.50 1994 :12.30 12.20 12.40 12.50 11.40 11.00 11.10 11.40 11.90 12.20 12.00 11.50 1995 :11.40 11.70 11.70 11.20 11.00 11.10 11.00 11.30 12.10 12.80 13.10 12.90 1996 :12.70 12.60 12.60 13.00 13.40 13.60 13.90 14.60 15.30 14.70 12.50 11.90 ------------------------------------------------------------------------------- 1/ Before hauling costs are deducted and including premiums paid to farmers. 2/ Preliminary. Average price January 1987- December 1996 a. Manufacturing grade milk 11.90 b. All milk sold at wholesale to plants and dealers 13.10 c. Ratio a/b. 90.8 Parity price equivalent for manufacturing grade milk - United States a. January 1996 25.50 b. December 1996 26.35 c. January 1997 26.51 Indexes of Prices Received by Farmers, by Months and Annual Average, United States, 1993-96 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : All Farm Products : : 1910-14=100 : 1993 : 617 623 632 661 656 641 640 648 650 642 650 655 643 1994 : 664 663 665 650 642 635 617 619 616 603 606 627 634 1995 : 622 619 628 630 636 637 648 653 664 662 673 687 647 1996 : 686 675 691 685 707 748 753 746 735 714 703 698 712 : : 1990-92=100 : 1993 : 97 98 99 104 103 101 101 102 102 101 102 103 101 1994 : 105 104 105 102 101 100 97 97 97 95 95 99 100 1995 : 98 97 99 99 100 100 102 103 105 104 106 108 102 1996 : 108 106 109 108 111 118 119 117 116 112 111 110 112 : : All Crops : : 1910-14=100 : 1993 : 473 477 477 527 510 489 502 514 517 508 523 535 504 1994 : 545 545 540 521 528 533 506 500 506 489 496 525 520 1995 : 507 503 528 555 573 559 567 567 567 560 575 586 554 1996 : 596 605 634 633 645 692 673 658 617 589 582 572 625 : : 1990-92=100 : 1993 : 96 97 97 107 103 99 102 104 105 103 106 109 102 1994 : 110 110 110 106 107 108 103 101 103 99 101 106 105 1995 : 103 102 107 112 116 113 115 115 115 114 117 119 112 1996 : 121 123 129 128 131 140 136 133 125 119 118 116 127 -------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Indexes of Prices Received by Farmers, by Months and Annual Average, United States, 1993-96 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Food Grains : : 1910-14=100 : 1993 : 349 337 330 325 316 300 301 310 320 336 369 390 332 1994 : 387 402 411 396 382 348 327 345 374 385 382 387 377 1995 : 382 368 360 358 379 407 434 448 472 489 498 511 426 1996 : 501 505 512 534 584 556 504 487 466 445 441 435 498 : : 1990-92=100 : 1993 : 110 106 104 102 99 94 95 98 101 106 116 123 105 1994 : 122 126 129 125 120 109 103 109 118 121 120 122 119 1995 : 120 116 113 113 119 128 137 141 148 154 157 161 134 1996 : 158 159 161 168 184 175 159 153 147 140 139 137 157 : : Feed Grains and Hay : : 1910-14=100 : 1993 : 323 324 337 348 354 345 354 358 351 359 382 410 354 1994 : 417 427 421 416 413 406 368 354 352 331 322 344 381 1995 : 347 355 364 373 387 393 408 410 414 435 446 468 400 1996 : 474 502 520 568 606 591 604 592 525 446 417 415 522 : : 1990-92=100 : 1993 : 90 91 94 97 99 97 99 100 98 100 107 115 99 1994 : 117 119 118 116 115 113 103 99 98 92 90 96 106 1995 : 97 99 102 104 108 110 114 115 116 122 125 131 112 1996 : 133 140 146 159 170 165 169 166 147 125 117 116 146 -------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Indexes of Prices Received by Farmers, by Months and Annual Average, United States, 1993-96 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Cotton : : 1910-14=100 : 1993 : 448 455 476 466 460 453 454 443 434 443 451 478 455 1994 : 530 555 563 571 583 535 496 565 551 560 579 620 559 1995 : 665 678 698 656 644 670 677 610 632 627 634 640 653 1996 : 646 640 649 667 648 650 622 608 606 604 589 587 626 : : 1990-92=100 : 1993 : 87 89 93 91 90 88 89 86 85 86 88 93 89 1994 : 103 108 110 111 114 104 97 110 108 109 113 121 109 1995 : 130 132 136 128 126 131 132 119 123 122 124 125 127 1996 : 126 125 127 130 127 127 121 119 118 118 115 115 122 : : Tobacco 2/ : : 1910-14=100 : 1993 : 1574 1739 1604 1370 1370 1383 1496 1517 1574 1578 1521 1994 : 1596 1752 1478 1478 1309 1391 1539 1570 1609 1596 1532 1995 : 1630 1709 1491 1326 1526 1535 1591 1574 1600 1604 1559 1996 : 1648 1757 1517 1396 1391 1517 1643 1665 1670 1674 1588 : : 1990-92=100 : 1993 : 104 115 106 91 91 91 99 100 104 104 101 1994 : 105 116 98 98 86 92 102 104 106 105 101 1995 : 108 113 99 88 101 101 105 104 106 106 103 1996 : 109 116 100 92 92 100 109 110 110 111 105 -------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. 2/ Missing data indicates insufficient sales volume to establish a price. Indexes of Prices Received by Farmers, by Months and Annual Average, United States, 1993-96 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Oil-Bearing Crops : : 1910-14=100 : 1993 : 546 545 553 560 568 577 641 639 598 582 620 652 590 1994 : 658 658 661 645 663 660 580 547 541 519 531 534 600 1995 : 534 527 539 543 543 556 577 569 568 586 619 653 568 1996 : 659 682 683 725 750 726 744 755 676 644 653 678 698 : : 1990-92=100 : 1993 : 100 100 101 102 104 105 117 117 109 106 113 119 108 1994 : 120 120 121 118 121 121 106 100 99 95 97 98 110 1995 : 98 96 98 99 99 102 105 104 104 107 113 119 104 1996 : 120 125 125 132 137 133 136 138 124 118 119 124 128 : : Fruit and Nuts : : 1910-14=100 : 1993 : 500 501 481 511 565 679 707 788 847 834 741 602 646 1994 : 552 557 596 610 640 669 701 723 715 665 595 530 629 1995 : 507 507 534 567 697 728 796 883 855 850 743 655 694 1996 : 658 682 719 718 816 954 919 936 997 998 914 749 838 : : 1990-92=100 : 1993 : 72 72 69 73 81 97 101 113 121 119 106 86 93 1994 : 79 80 85 87 92 96 100 104 102 95 85 76 90 1995 : 73 73 76 81 100 104 114 127 122 122 106 94 99 1996 : 94 98 103 103 117 137 132 134 143 143 131 107 120 -------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Indexes of Prices Received by Farmers, by Months and Annual Average, United States, 1993-96 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Commercial Vegetables : : 1910-14=100 : 1993 : 793 833 723 1099 840 671 702 732 747 635 683 827 774 1994 : 763 743 618 585 648 692 651 629 697 781 824 1090 727 1995 : 801 766 984 1151 1036 813 654 676 784 654 658 677 805 1996 : 623 720 938 786 668 766 650 762 665 715 796 825 743 : : 1990-92=100 : 1993 : 119 125 108 164 126 100 105 109 112 95 102 124 116 1994 : 114 111 92 87 97 104 97 94 104 117 123 163 109 1995 : 120 115 147 172 155 122 98 101 117 98 98 101 120 1996 : 93 108 140 118 100 115 97 114 100 107 119 123 111 : : Potatoes and Dry Beans : : 1910-14=100 : 1993 : 477 477 528 601 599 540 621 532 474 469 593 562 539 1994 : 565 580 670 599 591 595 661 567 469 448 460 462 556 1995 : 466 450 484 505 529 613 725 595 497 476 551 548 537 1996 : 556 581 665 681 699 709 677 538 474 454 461 430 577 : : 1990-92=100 : 1993 : 94 94 104 119 118 107 123 105 94 93 117 111 107 1994 : 112 115 132 118 117 118 131 112 93 89 91 91 110 1995 : 92 89 96 100 105 121 143 118 98 94 109 108 106 1996 : 110 115 131 135 138 140 134 106 94 90 91 85 114 -------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Indexes of Prices Received by Farmers, by Months and Annual Average, United States, 1993-96 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Other Crops : : 1910-14=100 : 1993 : 510 510 510 510 510 510 510 510 510 510 510 510 510 1994 : 517 517 517 517 517 517 517 517 517 517 517 517 517 1995 : 525 525 525 525 525 525 525 525 525 525 525 525 525 1996 : 532 532 532 532 532 532 532 532 532 532 532 532 532 : : 1990-92=100 : 1993 : 103 103 103 103 103 103 103 103 103 103 103 103 103 1994 : 105 105 105 105 105 105 105 105 105 105 105 105 105 1995 : 106 106 106 106 106 106 106 106 106 106 106 106 106 1996 : 108 108 108 108 108 108 108 108 108 108 108 108 108 : : Food Commodities : : 1990-92=100 : 1993 : 98 99 100 105 104 101 101 103 103 102 102 102 102 1994 : 102 102 103 100 99 98 96 97 96 94 94 96 98 1995 : 95 95 97 97 98 98 100 101 103 101 101 103 99 1996 : 102 101 104 102 105 113 113 113 113 110 109 108 108 -------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Indexes of Prices Received by Farmers, by Months and Annual Average, United States, 1993-96 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Livestock and Products : : 1910-14=100 : 1993 : 755 760 778 784 791 785 766 769 766 756 755 746 768 1994 : 754 765 775 768 742 718 709 721 700 687 690 693 727 1995 : 712 721 712 687 676 689 695 708 718 707 723 738 707 1996 : 718 716 717 712 738 761 787 792 810 789 785 788 759 : : 1990-92=100 : 1993 : 98 99 101 102 103 102 100 100 100 99 98 97 100 1994 : 98 100 101 100 97 94 92 94 91 89 90 90 95 1995 : 93 94 93 90 88 90 91 92 94 92 94 96 92 1996 : 94 93 93 93 96 99 103 103 106 103 102 103 99 : : Meat Animals : : 1910-14=100 : 1993 : 1009 1030 1056 1054 1058 1037 1005 1014 1002 975 957 936 1011 1994 : 967 990 997 986 933 884 883 913 854 836 839 841 910 1995 : 907 931 902 856 835 859 861 865 866 840 834 854 868 1996 : 832 838 840 819 851 865 906 913 935 918 916 917 879 : : 1990-92=100 : 1993 : 99 101 104 104 104 102 99 100 99 96 94 92 100 1994 : 95 97 98 97 92 87 87 90 84 82 83 83 90 1995 : 89 92 89 84 82 85 85 85 85 83 82 84 85 1996 : 82 82 83 81 84 85 89 90 92 90 90 90 87 -------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Indexes of Prices Received by Farmers, by Months and Annual Average, United States, 1993-96 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Dairy Products : : 1910-14=100 : 1993 : 768 750 750 774 793 799 787 762 787 805 836 830 787 1994 : 836 823 830 823 787 774 750 762 787 799 805 787 797 1995 : 774 768 774 756 756 744 737 762 787 823 860 854 783 1996 : 860 848 842 854 879 897 940 971 1002 989 922 866 906 : : 1990-92=100 : 1993 : 96 93 93 96 99 100 98 95 98 100 104 103 98 1994 : 104 103 103 103 98 96 93 95 98 100 100 98 99 1995 : 96 96 96 94 94 93 92 95 98 103 107 106 98 1996 : 107 106 105 106 109 112 117 121 125 123 115 108 113 : : Poultry and Eggs : : 1910-14=100 : 1993 : 278 278 294 298 299 300 295 305 299 299 301 295 295 1994 : 289 294 302 300 310 308 304 300 301 294 290 289 298 1995 : 284 282 283 282 275 285 297 317 325 320 338 331 302 1996 : 332 319 314 315 322 345 347 353 353 348 358 366 339 : : 1990-92=100 : 1993 : 99 99 105 106 106 107 105 108 106 106 107 105 105 1994 : 103 104 107 107 110 110 108 107 107 104 103 103 106 1995 : 101 100 101 100 98 101 106 113 116 114 120 118 107 1996 : 118 113 112 112 115 123 123 125 125 124 127 130 121 -------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Reliability of Prices Received by Farmers 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 2600 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 Statistical 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 price represents a 3-5 day period around the mid-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" and in the annual summary published in July. A schedule of monthly revisions is published in the December issue of "Agricultural Prices" and in the July annual summary. Reliability: U.S. price estimates generally have a sampling error of less than one half percent for the major commodities such as corn, wheat, soybeans, cotton, and rice. To assist users in evaluating the reliability of prices received estimates for major grain commodities, the "Root Mean Square Error" is shown in the table on the next page. The "Root Mean Square Error" is a statistical measure based on past performance and is computed using the difference between first and final estimates. The "Root Mean Square Error" for the 5-month corn price is 0.2 percent. This means that chances are 2 out of 3 that the current 5-month price of $2.47 per bushel will not be above or below the final 5-month price by more than 0.2 percent, or about half of a cent. Chances are 9 out of 10 (90% confidence interval) that the difference will not exceed 0.3 percent, or about three-fourths of a penny. Reliability of Five-Month Prices Received Estimates 1983 - 1992 1/ ------------------------------------------------------------------------------ :Root Mean Square Error :: 10-Year Record of :-----------------------:: Differences Between : :90% Confidence :: Preliminary and Final Commodity : : Level ::-------------------------------------- :Percent:---------------:: Dollars : No. of Years : : : ::-------------------------------------- : :Percent:Dollars:: : : : Below : Above : : : :: Avg : Min : Max : Final : Final ------------------------------------------------------------------------------ : : Corn : .2 .3 .008 .001 .000 .010 0 1 Wheat : .1 .2 .007 .002 .000 -.010 2 0 Sorghum : .2 .3 .007 .002 .000 -.010 1 1 Barley : .5 .9 .020 .006 .000 .030 1 2 Oats : 1.4 2.5 .035 .010 .000 .060 1 2 ------------------------------------------------------------------------------ 1/ Five-month prices received estimates represent weighted average prices for the first five months of the marketing year. For corn and sorghum the five month period is September-January. For wheat, barley, and oats the five month period is June-October. Prices Paid The January Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) was 116 (1990-92=100), up 0.9 percent from December and 2.7 percent higher than January 1996. Production Index: The farm production, goods, and services index for January 1997, at 115, increased 0.9 percent from a month earlier and was 1.8 percent above last January. Since December, higher prices for feeder cattle and calves, concentrate feeds, nitrogen fertilizers, hay, and LP gas more than offset price declines for complete feeds, milk cows, mixed fertilizers, and potash/phosphorus. Livestock and Poultry: The index for livestock and poultry purchases, at 85, increased 3.7 percent from last month and was 15 percent greater than a year earlier. Since December, feeder cattle and calf prices gained $3.80 to $67.70 per cwt. January 1997 feeder pig prices, at $103.00 per cwt, were unchanged from a month earlier. Feed: At 118, the January feed index rose 0.9 percent from December 1996. Higher January prices for concentrates and hay offset lower prices for complete feeds and supplements. Feed grain prices were up slightly, but corn was unchanged. The index was 4.8 percent lower than January a year ago. Fuels: The fuels index, at 113, was 1.8 percent higher than a month earlier and 13 percent above January 1996. Higher January prices for bulk LP gas and gasoline offset lower diesel prices. Fertilizer: The fertilizer index, at 127, was 0.8 percent above both December and January a year ago. Since last month, higher nitrogen prices were partially offset by lower mixed fertilizer and phosphorus and potash material prices. Agricultural Chemicals: At 118, the January agricultural chemicals index was unchanged from December and January last year. Agricultural chemical prices, compared to last month, were fractionally lower for all product categories. Farm Machinery: The farm machinery index, at 127, was unchanged from December. Since January 1996, the index advanced 3.3 percent. Since December, modest price increases for self-propelled harvesting equipment were offset by lower other machinery prices. Tractor prices were stable. Consumer Price Index: The December 1996 Consumer Price Index for all urban consumers (CPI-U) before seasonal adjustment was 158.6 (1982-84=100). The level was unchanged from the previous month. For the 12-month period ended in December, the overall index increased 3.3 percent. Index Numbers of Prices Paid by Farmers and Related Parity Ratios United States, January 1997 With Comparisons -------------------------------------------------------------------------------- : 1910-14 = 100 : 1990-92 = 100 Indexes :---------------------------------------------- and : 1996 : 1997 : 1996 : 1997 Ratios :---------------------------------------------- : Jan : Dec : Jan : Jan : Dec : Jan -------------------------------------------------------------------------------- Prices Paid by Farmers for : Commodities & Services, : Interest, Taxes, & Wage : Rates (PPITW) : 1487 *1504 1515 113 115 116 Production : 1095 1102 1109 113 114 115 Feed : 607 575 578 124 117 118 Livestock and Poultry : 940 *1049 1089 74 82 85 Seeds : 1087 1160 1160 110 117 117 Fertilizer : 461 *463 465 126 126 127 Agricultural Chemicals : 746 *750 749 118 118 118 Fuels : 773 *859 873 100 *111 113 Supplies & Repairs : 805 819 819 113 115 115 Autos & Trucks : 3267 3322 3322 123 125 125 Farm Machinery : 3083 3175 3175 123 127 127 Building Material : 1550 1584 1584 114 116 116 Farm Services & Rent : 1429 *1333 1339 Farm Services : 117 *117 117 Rent : 119 119 119 Interest 1/ : 2565 2553 2654 102 102 106 Taxes 2/ : 3243 3243 3340 121 121 125 Wage Rates : 4452 4658 4658 119 120 120 Production, Interest, Taxes, : & Wage Rates (PITW) : 1518 1494 1510 113 113 115 Family Living-CPI 3/ : 1466 1510 1510 115 118 118 -------------------------------------------------------------------------------- Ratio (Received\Paid) : 96 *96 93 Parity Ratio 4/ : *46 46 45 Parity Ratio Adjusted 5/ : 48 47 46 PPITW Adjusted for : Productivity 6/ : 1018 *1053 1053 -------------------------------------------------------------------------------- Crop Sector (PPITW) : 115 117 118 Livestock Sector (PPITW) : 111 112 113 -------------------------------------------------------------------------------- Farm Sector (Production) : 104 *104 106 Non-Farm Sector (Production) : 118 119 119 -------------------------------------------------------------------------------- * Revised. 1/ Interest per acre on farm real estate debt and interest rate on farm non-real estate debt. 2/ Farm real estate taxes payable per acre. 3/ Bureau of Labor Statistics, Consumer Price Index for all urban consumers (CPI-U), for the previous month converted by the USDA. 4/ Ratio of index of prices received to PPITW (1910-14=100). 5/ Based on estimated cash receipts, from marketings and government payments, the preliminary adjustment factor is 1.039 for 1997 and the revised factor is 1.039 for 1996. 6/ PPITW is adjusted based on productivity trend for the prior 15 years. Prices Paid Indexes and Annual Weights for Selected Production Input Sub-Components United States, January 1997 With Comparisons -------------------------------------------------------------------------------- : : Input Indexes : Relative Weights :----------------------------- Index : 5-Year Moving Average : 1996 : 1997 :----------------------------------------------------- : 1996 : 1997 : Jan : Dec : Jan -------------------------------------------------------------------------------- : ---- Percent --- ---- (1990-92=100) ---- : Production Items : 66.1 66.8 113 114 115 : Feed : 11.2 11.3 124 *117 118 Complete Feeds : 4.9 5.0 123 *118 117 Feed Grains : 2.1 2.0 135 *112 112 Hay/Forages : 1.2 1.3 105 *124 128 Concentrates : 1.8 1.8 125 *122 126 Supplements : 1.2 1.2 130 *111 111 Livestock & Poultry : 8.3 7.9 74 82 85 Feeder Cattle : 6.4 6.2 70 76 80 Milk Cow Replacements : .7 .6 94 100 96 Feeder Pigs : .7 .6 67 *112 112 Poultry : .5 .5 103 104 104 Seeds : 2.7 2.7 110 117 117 Field Crops : 2.4 2.5 109 117 117 Grasses/Legumes : .3 .2 119 120 120 Fertilizer : 4.6 4.7 126 *126 127 Mixed Fertilizer : 2.0 2.1 122 122 121 Nitrogen : 1.9 2.0 136 *140 143 Potash & Potassium : .5 .6 107 *100 98 Agricultural Chemicals : 3.4 3.6 118 *118 118 Herbicides : 2.1 2.3 117 *117 117 Insecticides : .8 .8 123 123 123 Fungicides/Other : .5 .5 115 *114 114 Fuels : 2.9 2.8 100 *111 113 Diesel : 1.6 1.5 102 *107 106 LP Gas : .3 .3 104 *153 167 Gasoline : 1.0 1.0 97 *105 106 Farm Supplies & Repairs : 5.4 5.7 113 115 115 Supplies : 1.8 1.9 112 113 113 Repairs : 3.6 3.8 114 116 116 Autos & Trucks : 1.4 1.3 123 *125 125 Autos : .2 .2 120 121 122 Trucks : 1.2 1.1 123 *125 125 Farm Machinery : 4.5 4.2 123 127 127 Self-Propelled : 1.8 1.7 126 131 131 Tractors : 1.0 .9 120 *120 120 Other Machinery : 1.7 1.6 122 *125 125 Building Materials : 2.5 2.6 114 116 116 Farm Services : 11.2 11.9 117 *117 117 Custom Rates : 1.1 1.2 111 113 111 Other Services : 10.1 10.7 118 *118 118 Rent : 8.0 8.0 119 119 119 Cash : 3.6 3.6 129 129 129 Share : 4.4 4.4 111 111 111 -------------------------------------------------------------------------------- * Revised. Feed Price Ratios: United States, With Comparisons, January 1997 ----------------------------------------------------------------------------- : 1996 : 1997 Feed Price Ratio 1/ :--------------------------- : Jan : Dec : Jan --------------------------------------------------------------------------- : Broiler-Feed: Pounds of Broiler Grower equal in : value to 1 pound of broiler, live eight : 4.7 *5.5 5.2 Market Egg Feed: Pounds of Laying Feed equal in : value to 1 dozen eggs : 10.1 *12.5 10.1 : Hog-Corn: Bushels of Corn equal in value to : 100 pounds of hog, live weight : 13.7 *21.1 20.3 Milk-Feed: Pounds of 16% Mixed Dairy Feed equal : in value to 1 pound of Whole Milk : *2.57 *2.61 2.46 : Steer & Heifer-Corn: Bushels of Corn equal : in value to 100 pounds of Steer & Heifers, : 20.3 *24.9 25.0 live weight : Turkey-Feed: Pounds of Turkey Grower equal in : value to 1 pound of Turkey, live weight : 5.3 *6.2 5.4 ---------------------------------------------------------------------------- 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. * Revised. Prices Used to Calculate Feed Price Ratios United States, January 1997, With Comparisons ------------------------------------------------------------------------ : : 1996 : 1997 Commodity : Unit :---------------------------------------- : : Jan : Dec : Jan ------------------------------------------------------------------------ Broilers, Live : Lb : .374 .416 .404 Eggs, Market : Doz : .702 .800 .658 : : Hogs, All : Cwt : 42.30 *55.60 53.40 Milk, All : Cwt : 14.00 *14.10 13.60 : : Steers and Heifers : Cwt : 62.60 65.50 65.80 Turkeys, Live : Lb : .409 .436 .386 : : Corn : Bu : 3.09 *2.63 2.63 Hay, Alfalfa, Baled : Ton : 84.60 102.00 106.00 : : Soybeans : Bu : 6.78 *6.91 7.16 Wheat, All : Bu : 4.83 *4.06 3.97 ------------------------------------------------------------------------ Feeder Livestock and Poultry: Prices Paid, With Comparisons United States, January 1997 ---------------------------------------------------------------------------- : : 1996 : 1997 ITEM : Unit :---------------------------------------- : : Jan : Dec : Jan ---------------------------------------------------------------------------- : : Dollars Feeders and Stockers : : Cattle and Calves : Cwt : 59.10 63.90 67.70 Pigs : " : 61.50 *103.00 103.00 : : Broiler Chicks 1/ : Per 100 : Egg-Type Chicks 1/ : " : Turkey Poults 1/ : Each : --------------------------------------------------------------------------- 1/ Annual average poultry prices. Quarterly poultry prices discontinued January 1994. * Revised. Feeder Pigs: Prices Paid, Major States, November 1996 1/ --------------------------------------------------------------------------- State : Dollars Per Cwt : : State : Dollars Per Cwt --------------------------------------------------------------------------- : : : : GA : 81.50 : : MO : 83.50 IL : 99.00 : : NE : 98.00 IN : 102.00 : : NC : 78.50 IA : 106.00 : : OH : 95.50 KS : 100.00 : : PA : 109.00 KY : 79.00 : : SD : 102.00 MI : 88.00 : : WI : 90.00 MN : 108.00 : : : --------------------------------------------------------------------------- 1/ Based on survey data reported by producers for entire month, except Kentucky where administrative data were used. Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Commodities and Services, Interest, Taxes, and Wage Rates : (PPITW) : : 1910-14 = 100 : 1993 :1346 1361 1350 1363 1355 1994 :1394 1408 1397 1397 1399 1995 :1431 1431 1431 1436 1436 1442 1438 1441 1445 1454 1460 1475 1443 1996 :1487 1489 1497 1500 1509 1507 1510 1513 1512 1506 1504 1504 1504 1997 :1515 : : 1990-92 = 100 : 1993 : 103 104 103 104 104 1994 : 106 107 106 106 106 1995 : 109 109 109 109 109 110 110 110 110 111 111 112 110 1996 : 113 113 114 114 115 115 115 115 115 115 115 115 115 1997 : 116 : : Items Used for Production, Interest, Taxes, and Wage Rates : (PITW) : : 1910-14 = 100 : 1993 :1369 1384 1371 1384 1377 1994 :1421 1436 1420 1417 1423 1995 :1459 1457 1457 1460 1461 1467 1462 1465 1469 1480 1487 1506 1469 1996 :1518 1521 1529 1508 1509 1506 1509 1508 1505 1497 1494 1494 1508 1997 :1510 : : 1990-92 = 100 : 1993 : 102 103 102 103 102 1994 : 106 107 106 105 107 1995 : 107 107 107 109 109 109 109 109 109 110 111 112 109 1996 : 113 113 114 114 114 114 114 114 114 114 113 113 114 1997 : 115 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Items Used for Production : : 1910-14 = 100 : 1993 : 991 1004 998 1006 1000 1994 :1029 1043 1032 1025 1032 1995 :1047 1045 1045 1052 1052 1058 1055 1057 1060 1068 1075 1091 1059 1996 :1095 1097 1105 1108 1118 1115 1121 1123 1120 1105 1102 1102 1109 1997 :1109 : : 1990-92 = 100 : 1993 : 102 104 103 104 103 1994 : 106 107 106 106 107 1995 : 108 108 108 108 108 109 109 109 109 110 111 112 109 1996 : 113 113 114 114 115 115 116 116 116 114 114 114 114 1997 : 115 : : Feed : : 1910-14 = 100 : 1993 : 483 487 473 499 485 1994 : 534 535 507 492 515 1995 : 476 474 479 489 484 488 498 507 514 535 560 590 508 1996 : 607 613 624 638 670 667 676 670 653 598 575 575 631 1997 : 578 : : 1990-92 = 100 : 1993 : 99 100 97 102 99 1994 : 109 109 104 99 107 1995 : 97 97 98 100 99 100 102 104 105 110 115 121 109 1996 : 124 125 1128 130 137 136 138 137 133 122 117 117 129 1997 : 118 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Livestock and Poultry : : 1910-14 = 100 : 1993 :1313 1361 1324 1316 1329 1994 :1280 1273 1168 1111 1208 1995 :1172 1127 1075 1052 1029 1059 1033 1026 1020 1020 989 1010 1051 1996 : 940 930 918 879 891 931 956 992 1022 1012 1046 1049 964 1997 :1089 : : 1990-92 = 100 : 1993 : 103 107 104 103 104 1994 : 100 100 91 87 95 1995 : 92 88 84 82 81 83 81 80 80 80 77 79 82 1996 : 74 73 72 69 70 73 75 78 80 79 82 82 76 1997 : 85 : : Seeds : : 1910-14 = 100 : 1993 : 975 1058 1058 1058 1037 1994 :1058 1091 1091 1091 1083 1995 :1091 1091 1091 1087 1087 1087 1087 1087 1087 1087 1087 1087 1088 1996 :1087 1087 1087 1160 1160 1160 1160 1160 1160 1160 1160 1160 1142 1997 :1160 : : 1990-92 = 100 : 1993 : 99 107 107 107 105 1994 : 107 110 110 110 109 1995 : 110 110 110 110 110 110 110 110 110 110 110 110 110 1996 : 110 110 110 117 117 117 117 117 117 117 117 117 115 1997 : 117 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Fertilizer : : 1910-14 = 100 : 1993 : 360 350 358 350 354 1994 : 365 381 391 406 386 1995 : 425 440 454 461 461 458 443 437 433 434 443 451 445 1996 : 461 470 476 476 471 460 453 445 447 457 461 463 462 1997 : 465 : : 1990-92 = 100 : 1993 : 98 95 98 95 97 1994 : 100 104 107 111 105 1995 : 116 120 124 126 126 125 121 119 118 119 121 123 121 1996 : 126 128 128 130 128 125 124 121 122 125 126 126 126 1997 : 127 : : Agricultural Chemicals : : 1910-14 = 100 : 1993 : 645 672 669 669 664 1994 : 681 694 695 707 694 1995 : 719 724 726 728 728 731 731 733 737 737 739 742 731 1996 : 746 746 752 753 741 743 744 745 747 748 751 750 747 1997 : 749 : : 1990-92 = 100 : 1993 : 104 109 108 108 107 1994 : 110 109 110 112 110 1995 : 113 114 115 115 115 115 115 116 116 116 117 117 115 1996 : 118 118 118 119 117 117 117 117 118 118 118 118 118 1997 : 118 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Fuels : : 1910-14 = 100 : 1993 : 692 738 711 685 706 1994 : 580 696 632 718 681 1995 : 678 668 672 706 734 722 689 694 715 711 709 730 702 1996 : 773 756 805 810 810 741 745 763 786 844 846 859 858 1997 : 873 : : 1990-92 = 100 : 1993 : 90 96 92 89 92 1994 : 75 90 95 93 89 1995 : 88 87 87 91 95 94 89 90 93 92 92 95 91 1996 : 100 91 99 105 105 96 97 99 102 109 110 111 102 1997 : 113 : : Farm Supplies and Repairs : : 1910-14 = 100 : 1993 : 746 743 761 776 757 1994 : 768 763 789 788 777 1995 : 787 790 790 795 798 797 798 800 800 804 804 804 797 1996 : 805 809 811 814 811 812 814 814 817 818 819 819 814 1997 : 819 : : 1990-92 = 100 : 1993 : 105 105 107 109 107 1994 : 108 108 111 111 109 1995 : 111 111 111 112 112 112 112 113 113 113 113 113 112 1996 : 113 114 114 115 114 114 115 115 115 115 115 115 115 1997 : 115 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Autos and Trucks : : 1910-14 = 100 : 1993 :2840 2846 2920 2959 2891 1994 :3050 3051 3067 3074 3060 1995 :3182 3188 3185 3194 3200 3202 3195 3190 3205 3229 3237 3252 3205 1996 :3267 3271 3264 3273 3273 3273 3268 3261 3270 3289 3322 3322 3279 1997 :3322 : : 1990-92 = 100 : 1993 : 107 107 110 111 109 1994 : 115 115 115 116 115 1995 : 120 120 120 120 120 120 120 120 121 121 122 122 121 1996 : 123 123 123 123 123 123 123 123 123 124 125 125 123 1997 : 125 : : Farm Machinery : : 1910-14 = 100 : 1993 :2637 2693 2658 2675 2666 1994 :2726 2851 2854 2893 2831 1995 :2975 2975 2976 2986 2997 3007 3016 3026 3042 3076 3116 3124 3026 1996 :3083 3094 3104 3112 3122 3124 3124 3140 3147 3171 3175 3175 3131 1997 :3175 : : 1990-92 = 100 : 1993 : 105 107 106 107 106 1994 : 109 114 114 115 113 1995 : 119 119 119 119 119 120 120 121 121 123 124 125 121 1996 : 123 123 124 124 124 125 125 125 125 126 127 127 125 1997 : 127 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Building Materials : : 1910-14 = 100 : 1993 :1397 1444 1435 1446 1430 1994 :1467 1477 1489 1502 1484 1995 :1536 1541 1541 1554 1554 1552 1559 1562 1564 1560 1555 1553 1553 1996 :1550 1550 1553 1557 1569 1573 1571 1575 1582 1577 1584 1584 1569 1997 :1584 : : 1990-92 = 100 : 1993 : 103 106 106 106 105 1994 : 108 109 110 111 109 1995 : 113 113 113 114 114 114 115 115 115 115 114 114 114 1996 : 114 114 114 115 115 116 116 116 116 116 116 116 115 1997 : 116 : : Farm Services and Rent : : 1910-14 = 100 : 1993 :1299 1291 1297 1300 1297 1994 :1334 1335 1339 1350 1339 1995 :1403 1406 1406 1412 1415 1426 1427 1428 1427 1422 1418 1421 1418 1996 :1429 1427 1427 1296 1303 1311 1325 1334 1336 1329 1334 1339 1349 1997 :1339 : : 1990-92 = 100 : 1993 : 105 105 105 105 105 1994 : 111 110 111 112 111 1995 : 116 116 116 117 117 118 118 118 118 117 117 117 117 1996 : 118 118 118 118 118 118 118 119 119 118 118 118 118 1997 : 118 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Farm Services : : 1990-92 = 100 : 1993 : 109 108 108 109 108 1994 : 112 112 112 114 113 1995 : 116 117 117 117 118 119 119 120 120 119 118 119 118 1996 : 117 117 117 117 117 117 118 119 119 118 118 117 118 1997 : 117 : : Rent : : 1990-92 = 100 : 1993 : 100 100 100 100 100 1994 : 108 108 108 108 108 1995 : 116 116 116 116 116 116 116 116 116 116 116 116 116 1996 : 119 119 119 119 119 119 119 119 119 119 119 119 119 1997 : 119 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Interest : : 1910-14 = 100 : 1993 :2195 2195 2195 2195 2195 1994 :2310 2310 2310 2310 2310 1995 :2578 2578 2578 2578 2578 2578 2578 2578 2578 2578 2578 2578 2578 1996 :2565 2565 2565 2553 2553 2553 2553 2553 2553 2553 2553 2553 2556 1997 :2654 : : 1990-92 = 100 : 1993 : 88 88 88 88 88 1994 : 92 92 92 92 92 1995 : 103 103 103 103 103 103 103 103 103 103 103 103 103 1996 : 102 102 102 102 102 102 102 102 102 102 102 102 102 1997 : 106 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Taxes : : 1910-14 = 100 : 1993 :2862 2862 2862 2862 2862 1994 :3002 3002 3002 3002 3002 1995 :3123 3123 3123 3123 3123 3123 3123 3123 3123 3123 3123 3123 3123 1996 :3243 3243 3243 3243 3243 3243 3243 3243 3243 3243 3243 3243 3243 1997 :3340 : : 1990-92 = 100 : 1993 : 107 107 107 107 107 1994 : 112 112 112 112 112 1995 : 117 117 117 117 117 117 117 117 117 117 117 117 117 1996 : 121 121 121 121 121 121 121 121 121 121 121 121 121 1997 : 125 : : Wage Rates : : 1910-14 = 100 : 1993 :4135 4116 3922 4045 4054 1994 :4225 4148 4012 4174 4140 1995 :4348 4348 4348 4193 4193 4193 4161 4161 4161 4251 4251 4251 4238 1996 :4452 4452 4452 4541 4541 4541 4386 4386 4386 4658 4658 4658 4509 1997 :4658 : : 1990-92 = 100 : 1993 : 111 110 105 108 108 1994 : 113 111 107 112 111 1995 : 116 116 116 112 112 112 111 111 111 114 114 114 113 1996 : 119 119 119 117 117 117 113 113 113 120 120 120 117 1997 : 120 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Family Living : : 1910-14 = 100 : 1993 :1348 1364 1372 1378 1366 1994 :1385 1398 1406 1419 1402 1995 :1427 1433 1433 1443 1446 1448 1448 1452 1455 1460 1459 1458 1447 1996 :1466 1471 1477 1487 1490 1491 1494 1497 1502 1507 1510 1510 1492 1997 :1510 : : 1990-92 = 100 : 1993 : 105 107 107 108 107 1994 : 108 109 110 111 110 1995 : 112 112 112 113 113 113 113 113 114 114 114 114 113 1996 : 115 115 116 116 116 116 116 117 117 117 118 118 116 1997 : 118 : : Production Items With Farm Origin 1/ : : 1990-92 = 100 : 1993 : 100 103 101 103 102 1994 : 106 106 100 96 102 1995 : 97 95 94 95 94 95 95 96 96 98 100 104 97 1996 : 104 104 105 106 109 110 112 112 111 106 104 104 107 1997 : 106 : : Production Items With Non-Farm Origin 2/ : : 1990-92 = 100 : 1993 : 103 104 104 104 104 1994 : 106 108 110 111 109 1995 : 113 114 115 115 116 116 116 116 116 116 116 117 116 1996 : 118 118 119 118 118 117 117 118 118 119 119 119 118 1997 : 119 -------------------------------------------------------------------------------- 1/ Feed, livestock and poultry purchases, and seed. 2/ Fertilizer, agricultural chemicals, fuels, farm supplies and repairs, autos and trucks, farm machinery, building materials, and farm services and rent. Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Crop Sector (PPITW) : : 1990-92 = 100 : : 1993 : 103 104 104 104 104 1994 : 107 108 108 109 108 1995 : 112 112 112 113 113 113 113 113 113 114 114 114 113 1996 : 115 116 116 116 116 116 116 116 116 117 117 117 116 1997 : 118 : : : : : : : Livestock Sector (PPITW) : : 1990-92 = 100 : : 1993 : 102 104 103 104 103 1994 : 106 107 105 104 106 1995 : 106 106 106 106 106 107 106 107 107 108 109 111 107 1996 : 111 111 112 112 114 114 115 115 115 113 112 112 113 1997 : 113 : : : : : : : Commodities and Services, Interest, Taxes, and Wage Rates : : Adjusted for Productivity : : 1910-14 = 100 : : 1993 : 917 923 909 921 912 1994 : 959 956 956 955 956 1995 : 989 988 988 990 988 990 988 993 988 995 996 999 991 1996 :1018 1021 1021 1044 1044 1044 1045 1036 1036 1052 1052 1053 1039 1997 :1053 -------------------------------------------------------------------------------- Prices Paid Index Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : -------------------------------------------------------------------------------- : Parity Ratio 1/ : : 1910-14 = 100 : 1993 : 46 46 47 49 48 47 47 48 48 47 48 48 47 1994 : 48 48 48 46 46 45 44 44 44 43 43 45 45 1995 : 43 43 44 44 44 44 45 45 46 46 46 47 45 1996 : 46 45 46 46 47 50 50 49 49 47 47 46 47 1997 : 45 : : Adjusted Parity Ratio 2/ : : 1910-14 = 100 : 1993 : 49 50 50 52 52 51 51 52 52 51 51 52 51 1994 : 50 50 50 48 48 47 46 46 46 45 45 47 47 1995 : 45 45 46 46 46 46 47 47 48 47 48 48 47 1996 : 48 47 48 47 49 52 52 51 51 49 49 48 49 1997 : 46 : : Ratio : : 1990-92 = 100 : 1993 : 94 95 96 100 99 97 98 99 99 97 98 99 98 1994 : 99 98 99 95 94 93 92 92 92 90 90 93 94 1995 : 90 89 91 91 92 91 93 94 95 94 95 96 93 1996 : 96 94 96 95 97 103 103 102 101 97 97 96 98 1997 : 93 -------------------------------------------------------------------------------- 1/ Ratio of prices received by farmers to index of commodities and services, interest, taxes, and wage rates. 2/ Ratio of the index of prices received by farmers after adjustment for govenment payments to the index of prices paid, for commodities and services, interest, taxes, and wage rates. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Feed Sub-Components : : Complete Feeds : 1990-92 = 100 : 1993 : 101 100 100 106 102 1994 : 109 106 104 99 105 1995 : 97 96 96 97 96 98 99 101 103 107 113 118 102 1996 : 123 123 125 125 132 132 133 132 133 124 119 118 127 1997 : 117 : : Feed Grains : 1990-92 = 100 : 1993 : 87 92 95 97 93 1994 : 115 112 96 88 101 1995 : 93 100 98 100 103 109 114 113 116 121 125 134 111 1996 : 135 146 152 167 179 179 185 178 149 122 113 112 151 1997 : 112 : : Hay and Forages : 1990-92 = 100 : 1993 : 97 104 97 102 100 1994 : 110 121 105 109 112 1995 : 109 107 108 111 115 108 106 106 104 105 103 105 107 1996 : 105 105 106 112 123 117 116 120 119 118 121 124 116 1997 : 128 : : Concentrates : 1990-92 = 100 : 1993 : 103 102 102 108 104 1994 : 112 109 107 98 103 1995 : 91 88 90 96 90 91 92 97 99 104 114 118 97 1996 : 125 137 119 120 122 118 122 125 133 121 118 122 122 1997 : 126 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Supplements : 1990-92 = 100 : 1993 : 105 101 79 86 93 1994 : 97 108 108 106 106 1995 : 104 101 109 108 102 98 103 105 105 111 115 131 108 1996 : 130 128 129 125 126 129 129 124 122 118 112 111 124 1997 : 111 : : Livestock and Poultry Sub-Components : : Feeder Cattle : 1990-92 = 100 : 1993 : 105 106 106 104 105 1994 : 102 98 92 88 88 1995 : 93 88 83 79 76 79 79 78 78 77 74 76 80 1996 : 70 68 66 62 64 69 71 73 75 72 75 76 70 1997 : 80 : : Milk Cow Replacements : 1990-92 = 100 : 1993 : 100 102 104 104 103 1994 : 103 105 103 103 105 1995 : 102 102 102 101 101 101 100 100 100 97 97 97 100 1996 : 94 94 94 95 95 95 97 97 97 100 100 100 97 1997 : 96 : : Feeder Pigs : 1990-92 = 100 : 1993 : 82 116 83 95 94 1994 : 73 103 65 49 80 1995 : 61 61 61 84 84 84 60 60 60 73 73 73 70 1996 : 67 73 80 78 73 67 64 86 90 105 111 112 84 1997 : 112 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Poultry : 1990-92 = 100 : 1993 : 102 109 103 104 105 1994 : 110 104 104 104 105 1995 : 103 103 103 103 105 105 105 105 105 105 105 105 105 1996 : 103 103 103 105 104 104 104 104 104 104 104 104 104 1997 : 104 : : Seeds Sub-Components : : Field Crops : 1990-92 = 100 : 1993 : 99 106 106 106 104 1994 : 106 110 110 110 110 1995 : 110 110 110 109 109 109 109 109 109 109 109 109 109 1996 : 109 109 109 117 117 117 117 117 117 117 117 117 115 1997 : 117 : : Grasses and Legumes : 1990-92 = 100 : 1993 : 91 112 112 112 107 1994 : 112 114 114 114 110 1995 : 114 119 114 119 119 119 119 119 119 119 119 119 118 1996 : 119 119 119 120 120 120 120 120 120 120 120 120 120 1997 : 120 : : Fertilizer Sub-Components : : Mixed Fertilizer : 1990-92 = 100 : 1993 : 97 92 95 94 95 1994 : 97 100 103 105 103 1995 : 107 110 113 116 117 117 117 117 118 117 119 119 116 1996 : 122 124 125 126 125 125 124 124 123 123 123 122 124 1997 : 121 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Nitrogen : 1990-92 = 100 : 1993 : 103 99 105 101 102 1994 : 106 109 113 120 108 1995 : 130 136 140 143 143 141 132 127 124 125 129 133 133 1996 : 136 139 141 140 138 132 130 126 128 135 137 140 135 1997 : 143 : : Potash and Potassium : 1990-92 = 100 : 1993 : 90 95 85 82 88 1994 : 89 99 101 102 103 1995 : 103 105 107 107 105 102 99 101 101 103 105 107 104 1996 : 107 111 111 111 109 106 104 101 99 100 102 100 105 1997 : 98 : : Agricultural Chemicals Sub-Components : : Herbicides : 1990-92 = 100 : 1993 : 103 106 107 106 106 1994 : 108 111 111 112 112 1995 : 113 113 113 113 113 114 114 114 115 115 116 116 114 1996 : 117 117 117 117 115 116 116 116 116 117 117 117 117 1997 : 117 : : Insecticides : 1990-92 = 100 : 1993 : 106 113 109 111 110 1994 : 115 116 114 118 115 1995 : 119 120 120 121 120 120 120 120 120 120 119 121 120 1996 : 123 123 126 126 122 122 123 123 123 123 123 123 123 1997 : 123 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Fungicides and Other : 1990-92 = 100 : 1993 : 108 112 111 111 111 1994 : 112 94 97 99 91 1995 : 107 109 112 115 115 115 115 115 115 115 115 115 114 1996 : 115 115 115 115 115 115 115 115 116 114 114 114 115 1997 : 114 : : Fuels Sub-Components : : Diesel : 1990-92 = 100 : 1993 : 91 94 92 90 91 1994 : 76 88 90 92 85 1995 : 84 82 84 87 90 87 84 87 92 93 96 97 89 1996 : 102 97 104 105 103 90 93 97 102 112 107 107 102 1997 : 106 : : LP Gas : 1990-92 = 100 : 1993 : 96 102 92 88 91 1994 : 81 96 90 92 85 1995 : 102 105 100 97 97 101 94 90 91 93 94 96 89 1996 : 104 110 107 106 104 101 101 106 107 126 140 153 102 1997 : 167 : : Gasoline : 1990-92 = 100 : 1993 : 86 97 93 87 91 1994 : 72 92 102 92 92 1995 : 89 88 88 96 102 101 96 94 94 90 85 90 93 1996 : 97 95 104 105 109 103 100 100 100 101 104 105 102 1997 : 106 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Farm Supplies & Repairs Sub-Components : : Supplies : 1990-92 = 100 : 1993 : 105 105 105 106 105 1994 : 106 105 107 107 107 1995 : 108 109 109 109 110 110 110 110 110 112 112 112 110 1996 : 112 112 113 113 113 113 113 113 113 113 113 113 113 1997 : 113 : : Repairs : 1990-92 = 100 : 1993 : 105 105 108 111 107 1994 : 109 109 113 113 113 1995 : 113 113 113 113 114 114 114 114 114 114 114 114 114 1996 : 114 115 115 115 115 115 116 115 116 116 116 116 115 1997 : 116 : : Autos and Trucks Sub-Components : : Autos : 1990-92 = 100 : 1993 : 104 104 106 107 105 1994 : 110 109 111 114 112 1995 : 118 118 118 118 118 118 117 117 117 117 119 119 118 1996 : 120 120 120 120 120 120 120 119 120 120 121 121 120 1997 : 122 : : Trucks : 1990-92 = 100 : 1993 : 107 107 110 112 109 1994 : 115 116 116 116 114 1995 : 120 120 120 120 121 121 121 120 121 122 122 123 121 1996 : 123 123 123 124 124 124 123 123 123 124 126 125 124 1997 : 125 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Farm Machinery Sub-Components : : Self Propelled : 1990-92 = 100 : 1993 : 106 107 106 106 106 1994 : 110 115 115 116 114 1995 : 122 121 121 121 122 123 123 124 124 127 129 130 124 1996 : 126 127 127 128 128 128 128 130 130 131 131 131 129 1997 : 131 : : Tractors : 1990-92 = 100 : 1993 : 106 108 106 108 107 1994 : 108 114 115 116 114 1995 : 117 116 116 117 117 117 117 117 117 118 119 119 117 1996 : 120 120 119 119 119 119 119 119 120 119 120 120 119 1997 : 120 : : Other Machinery : 1990-92 = 100 : 1993 : 104 108 106 106 106 1994 : 108 112 112 114 111 1995 : 117 117 117 118 118 119 119 120 120 121 122 122 119 1996 : 122 122 123 123 123 124 124 124 124 125 125 125 124 1997 : 125 : : Farm Services Sub-Components : : Custom Rates : 1990-92 = 100 : 1993 : 109 109 109 109 109 1994 : 105 104 104 104 104 1995 : 104 104 104 104 104 104 104 104 104 104 104 104 104 1996 : 111 111 111 111 111 111 111 111 113 113 113 113 112 1997 : 111 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 1993-97 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Other Services : 1990-92 = 100 : 1993 : 108 108 108 109 108 1994 : 113 113 113 115 114 1995 : 117 118 118 119 119 121 121 121 121 121 120 120 120 1996 : 118 118 118 118 118 118 119 119 119 118 119 118 118 1997 : 118 : : Rent Sub-Components : : Cash : 1990-92 = 100 : 1993 : 110 110 110 110 110 1994 : 115 115 115 115 115 1995 : 123 123 123 123 123 123 123 123 123 123 123 123 123 1996 : 129 129 129 129 129 129 129 129 129 129 129 129 129 1997 : 129 : : Share : 1990-92 = 100 : 1993 : 92 92 92 92 92 1994 : 102 102 102 102 102 1995 : 110 110 110 110 110 110 110 110 110 110 110 110 110 1996 : 111 111 111 111 111 111 111 111 111 111 111 111 111 1997 : 111 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Survey Estimates, Month Published and Level ------------------------------------------------------------------------------- : 1997 Program Schedule 1/ :------------------------------------------------------- Survey : Survey and : : Publication Month : Level of Estimates ------------------------------------------------------------------------------- : : Farm Production Regions Feed : Apr : US : : Feeder Livestock : Jan, Apr, Jul, Oct : US and Selected States 2/ : : Seed : Apr : US : : Fertilizer : Apr : Fertilizer Regions and US : : Agricultural Chemical : Apr : US : : :Farm Production Regions Fuels : Apr : US : Farm Machinery : Apr : US : : Grazing Fees : 3/ : States and Regions ------------------------------------------------------------------------------- 1/ Data collection and publication schedule for average prices paid by producers. 2/ Feeder pig data relate to Feb, May, Aug, and Nov, and are published in Apr, Jul, Oct, and Jan, respectively. Selected States - GA, IL, IN, IA, KS, KS, KY, MI, MN, MO, NE, NC, PA, SD, and WI. 3/ Survey estimates for 1996, were published in July and republished with the December-Agricultural Prices. Survey estimates for 1997 will be published in the January 1998- Agricultural Prices. Prices Paid by Farmers 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 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 Statistical 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). Index Prices Received U.S. Prices and Indexes Page Page Narrative............... A-2 Cows, Beef............. A-20 Price Indexes........... A-3 Cows, Milk............. A-23 Prices Received Eggs................... A-22 U.S. Summary.......... A-7-8 Flaxseed............... A-16 Selected Commodities.. A-14 Fruit, Citrus.......... A-18 Upland Cotton and Rice Hay.................... A-17 Prices and Marketings. A-17 All Hogs............... A-21 Parity Prices........... A-24-25 Lambs.................. A-22 Reliability Statement...A-99-100 Milk................... A-23 Oats................... A-15 Peanuts................ A-16 Monthly State Prices Potatoes............... A-19 Sheep.................. A-22 Apples.................. A-17 Sorghum, Grain......... A-15 Barley.................. A-15 Soybeans............... A-15 Barrows and Gilts....... A-21 Sows................... A-21 Beans, Dry Edible....... A-16 Sunflower.............. A-16 Beef Cattle............. A-20 Steers and Heifers..... A-20 Broilers................ A-22 Tobacco................ A-16 Calves.................. A-20 Turkeys................ A-22 Corn.................... A-15 Wheat.................. A-14 Cotton.................. A-17 Cottonseed.............. A-17 Special Features Apples: Prices Received, Monthly, July 1994-December 1996; Peaches, May 1994-September 1996; Pears, July 1994-December 1996; Grapes, May 1995-November 1996; ................................... A-63 Cotton: Average Prices Received, U.S., January 1996-December 1996 ... A-62 Field Crops: Revised Monthly, by State, 1995-96 and U.S., 1991-96 ......................................... A-26-59 Index of Prices Received, All Groups, Monthly and Annual, 1993-96.... A-91-98 Limes: Marketing Year Average and Monthly Prices Received, Florida, Final, 1995-96 and Preliminary 1996-97 .................. A-64 Rice: 5-Month Marketing Year Average Prices Received, U.S., August 1996-December 1996 ......................................... A-62 Sweet Potatoes: Marketing Year Average Prices Received 1995 and 1996 ..................................................... A-63 Vegetables, Fresh Market: Revised Monthly Prices Received, 1994-96 .. A-65-72 Parity Prices Authority for Parity Prices, Method of Computation, and Prices ..... A-73-79 Annual Average Prices Received for Parity Computations, U.S., by Years, 1987-96 ................................................ A-80-89 Parity Price Equivalent for Manufacturing Grade Milk ............... A-90 Index Prices Paid Page Narrative ..................................................... B-1 Indexes and Parity Ratios ..................................... B-2-3 Charts ..................................................... B-4-6 Feed Ratios .................................................. B-7 Commodity Prices Used in Feed Price Ratios .................... B-7 Reliability Statement ......................................... B-30 U.S. Average Prices: Feeder Livestock and Poultry ............................... B-8 State Average Prices Feeder Pigs ................................................. B-8 Special Features: Prices Paid Program Schedule ................................. B-29 Prices Paid Index Components: 1910-14=100 and 1990-92=100: Monthly and Annual Averages, 1993-97 PPITW, PITW, Production Items ............................... B-9 Prices Paid Index Component Items, Interest, Taxes, Wage Rates, Farm and Non Farm Origin, and Ratios ......................... B-10-20 Prices Paid Index Sub-Components: Monthly and Annual Averages .. B-21-28 Report Features Listed below are the commodity specialists in the Estimates Division of the National Agricultural Statistics Service to contact for additional information. Crops Branch C. Ray Halley, Chief (202) 720-2127 Field Crops Section Bill Dowdy, Head (202) 720-3843 Kevin Barnes - Oilseeds (202) 720-7369 Dan Kerestes - Corn (202) 720-9526 Roger Latham - Cotton (202) 720-5944 Joel Moore - Barley, Hay, Sorghum (202) 690-3234 Greg Preston - Oats (202) 720-7621 Barbara Rater - Peanuts, Rice, Tobacco (202) 720-7688 Vaughn Siegenthaler - Wheat (202) 720-8068 Fruit and Vegetable Section Vince Matthews, Head (202) 720-3843 Arvin Budge - Potatoes (202) 720-4285 Howard Hill - Grapes, Strawberries (202) 720-7235 Dave Mueller - Vegetables (202) 720-2157 Linda Simpson - Apples, Dry Beans, Peaches, Pears (202) 690-0270 Blair Smith - Citrus (202) 720-5412 Commodity Prices Coordinator Charles Van Lahr (202) 720-5446 Kirby Cavett - Prices Received Indexes (202) 690-3237 Livestock and Economic Branch Robert W. Milton, Chief (202) 720-3570 Livestock Section Doyle Fuchs, Head (202) 720-4447 Dean Groskurth - Cattle (202) 720-3040 James Hand - Sheep, Lambs (202) 690-3236 Kevin Hintzman - Milk (202) 720-4448 Mike Pallesen - Hogs (202) 720-3106 Poultry and Specialty Commodities Section Alfonzo Drain, Head (202) 720-6351 Dan Boostrum - Eggs (202) 720-3244 James Brewster - Turkeys (202) 720-8784 Tom Krutchen - Broilers, Honey (202) 690-4870 Farm Inputs Section (Prices Paid) Douglas Kleweno, Head (202) 720-4214 Daryl Brinkman - Prices Paid Indexes, Feed, Fertilizer, Agricultural Chemicals, Seeds (202) 690-3226 Jim Williams - Farm Supplies and Repairs, Farm Machinery, Fuels, Feeder Livestock, Poultry Chicks, Feed Price Ratios, Grazing Fees, Autos & Trucks (202) 690-3225 The next "Agricultural Prices" report will be released at 3:00 p.m. ET on February 28, 1997. The United States Department of Agriculture (USDA) prohibits discrimination in its programs on the basis of race, color, national origin, sex, religion, age, disability, political beliefs, and marital or familial status. Persons with disabilities who require alternative means for communication of program information (braille, large print, audiotape, etc.) should contact the USDA Office of Communications at (202) 720-5881 (voice) or (202) 720-7808 (TDD). To file a complaint, write the Secretary of Agriculture, USDA, Washington, D.C., 20250, or call (202) 720-7327 (voice) or (202) 720-1127 (TDD). USDA is an equal employment opportunity employer. SUBSCRIBE TODAY!! For your convenience, there are several ways to obtain NASS reports, data products, and services: INTERNET ACCESS All NASS reports are now available free of charge on the worldwide Internet. For access, connect to the Internet and select: 1. Worldwide Web: http://www.usda.gov/nass/ OR 2. For Gopher/Telenet/FTP access: HOST=usda.mannlib.cornell.edu OR 3. For a subscription direct to your e-mail address, send an e-mail message to: usda-reports@usda.mannlib.cornell.edu and in the body of the message type the word: list AUTOFAX ACCESS NASSFax service is available for some reports from your fax machine. Please call 202-720-2000, using the handset attached to your fax. Respond to the voice prompts. PRINTED REPORTS OR DATA PRODUCTS CALL OUR TOLL-FREE ORDER DESK: 1-800-999-6779 (U.S. and Canada) Other areas, please call l-703-834-0125 FAX: 1-703-834-0110 (Visa, MasterCard, check, or money order acceptable for payment.) ASSISTANCE For assistance with general agricultural statistics or further information about NASS or its products or services, contact the Agricultural Statistics HOTLINE at 1-800-727-9540, 7:30 a.m. to 4:00 p.m. ET, or e-mail: NASS@NASS.USDA.GOV. USDA Announces Agricultural Outlook Forum 97 February 24 and 25, 1997 Omni Shoreham Hotel, Washington, D.C. An era of freer markets under the 1996 Farm Bill has begun. For an expert assessment of the impact, attend the Outlook Forum. Top speakers will discuss the 1997 farm outlook, prospects to 2005, risk management, concentration issues, market stability, world food security, marketing high-valued exports and more. Plan now to attend. For program and registration details, check Forum home page, call (202) 720-3050 or dial (202) 219-0296 from your fax machine and request document 66666. Send e-mail to agforum@oce.usda.gov. Get news from the Forum. Can't attend? After the Forum, download speeches from the Internet. Or, call 1-800-999-6779 to place an advance order for the printed proceedings (YCON-97) or new long term projections to 2005 (WAOB-97-1). Ag Forum home page: http://www.usda.gov/oce/waob/agforum.htm Agricultural Outlook Forum 97