Pr 1 (01-00) Agricultural Prices National Agricultural Statistics Service USDA Washington, D.C. Released January 31, 2000, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on "Agricultural Prices" or other assistance, see page B-33. Prices Received Index Drops 2 Points The preliminary All Farm Products Index of Prices Received in January was 90 based on 1990-92=100, down 2 points (2.2 percent) from the December index. Lower prices for broilers, milk, turkeys, and tomatoes more than offset price increases for corn, lettuce, soybeans, and cotton. The seasonal change in the mix of commodities farmers sell also affects the overall index. Lower seasonal marketings of cotton, tobacco, grapes, and cottonseed more than offset the relatively higher marketings of corn, soybeans, cattle, and rice. These marketing changes account for one point of the January index decrease. Compared with January 1999, the All Farm Products Index was 7 points (7.2 percent) lower. Price decreases from January 1999 for milk, soybeans, cotton, and corn more than offset price increases for cattle, hogs, lettuce, and apples. Prices Paid Index Unchanged The January Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) was 118 percent of the 1990-92 average. The index was unchanged from December but 3 points (2.6 percent) above January 1999. Lower prices in January for feed concentrates, potash and phosphate materials, and insecticides were offset by higher prices for feed grains, complete feeds, feeder pigs, and feed supplements. Index Summary Table -------------------------------------------------------------------------------- : 1998 : 1999 : 2000 Index :-------------------------------------------------------------- 1990-92=100 : Dec : Jan : Dec : Jan -------------------------------------------------------------------------------- : Prices Received : 98 97 92 90 : Prices Paid : 114 115 118 118 : Ratio 1/ : 86 84 78 76 -------------------------------------------------------------------------------- 1/ Ratio of index of prices received by farmers to index of prices paid. Prices Received by Farmers The January All Farm Products Index was 90 percent of its 1990-92 base, down 2.2 percent from the December index and 7.2 percent below the January 1999 index. All Crops: The January index was 89, down 1.1 percent from December and 8.2 percent below January 1999. Price decreases from December for vegetables and fruit and nuts more than offset price increases for feed grains and hay, cotton, and oilseeds. Food Grains: The January Food Grains Index, at 86, was up 1.2 percent from the previous month but 16 percent below January 1999. The January all wheat price, at $2.52 per bushel, was unchanged from the December price but 32 cents below January 1999. The rice price, at $6.27 per cwt, was up 8 cents from last month but $2.82 below a year earlier. Feed Grains & Hay: The January index was 84, up 3.7 percent from last month but 7.7 percent below January 1999. The corn price, at $1.90 per bushel, was up 8 cents from December but 16 cents below the January 1999 price. The all hay price, at $71.80 per ton, was up 70 cents from last month but $6.70 below January 1999. Alfalfa hay prices were up from last month while other hay prices were unchanged. Oil-Bearing Crops: The January Oil-Bearing Crops Index, at 82, was unchanged from the December index but 15 percent below January 1999. The soybean price, at $4.59 per bushel, increased 15 cents from December but was 73 cents below January 1999. Cotton: The January index, at 73, was up 2.8 percent from December but 24 percent below January 1999. The cotton price, at 44.4 cents per pound, was up 1.4 cents from December but 13.7 cents below January 1999. Cottonseed prices were up 2.0 percent from last month. Livestock and Products: The January index, at 93, was down 2.1 percent from last month and 3.1 percent from January 1999. Compared with a year ago, prices were higher for hogs, cattle, calves, and turkeys, but lower for all milk, eggs, and broilers. Meat Animals: The January index, at 89, was up 1.1 percent from last month and 19 percent above a year ago. The January hog price was $36.30 per cwt, up 70 cents from December and $10.00 from a year ago. Strong retail demand for bacon and a decrease in slaughter continues to support hog prices. The January beef cattle price of $66.60 per cwt was unchanged from last month but up $7.60 from January 1999. Dairy Products: The January index, at 91, was down 2.2 percent from December and 32 percent below January 1999. The January all milk price, at $11.90 per cwt, was down 30 cents from December and $5.50 below last year. The January fluid milk price decreased, but the manufacturing grade milk price was unchanged. Cheese prices increased the first week of January but decreased the following two weeks. Poultry and Eggs: The January index, at 104, was 5.5 percent below December and 8.8 percent below a year ago. Export demand for poultry and eggs continues to be soft. The January broiler price, at 35.0 cents per pound, was down 1.8 cents from December partly due to a seasonal weakening of demand. Market egg prices decreased 3.6 cents to 39.7 cents per dozen. Egg production is running 3-4 percent above a year earlier. Turkey prices decreased 5.8 cents to 36.4 cents per pound, a seasonal decline. Index Numbers of Prices Received, United States, January 2000, with Comparisons ------------------------------------------------------------------------------- : 1910-14=100 : 1990-92=100 :------------------------------------------------------ Index : : 1999 : 2000 : 1999 : 2000 :Average:---------------------------------------------- :1990-92: Jan : Dec : Jan : Jan : Dec : Jan ------------------------------------------------------------------------------- : All Farm Products : 639 615 *585 574 97 *92 90 : All Crops : 500 481 *444 436 97 *90 89 Food Grains : 325 323 *272 273 102 *85 86 Feed Grains & Hay : 363 324 *291 301 91 *81 84 Cotton : 517 491 *363 375 96 *71 73 Tobacco : 1263 1678 1657 1652 111 109 109 Oil-Bearing Crops : 554 526 *447 448 96 *82 82 Fruit & Nuts : 716 648 *636 545 93 *91 78 Commercial Vegetables : 698 718 *773 748 107 *116 112 Potatoes & Dry Beans : 540 477 *478 472 94 94 93 Other Crops : 493 532 532 532 108 108 108 : Livestock & Products : 768 738 *726 710 96 95 93 Meat Animals : 1021 763 *891 900 75 *88 89 Dairy Products : 799 1069 *750 731 133 *93 91 Poultry & Eggs : 282 321 311 293 114 110 104 : Food Commodities : 97 *94 91 ------------------------------------------------------------------------------- * Revised. Selected Index Numbers for Prices Received and Paid, 1990-92=100, by Months, United States, 1999 and 2000 ------------------------------------------------------------------------------ : Index of Prices Received : Index of Prices Paid :-------------------------------------------------------------------- : : : Livestock : : Month : All Farm : All : and : All : Production : Products : Crops : Products : Items : Items :-------------------------------------------------------------------- : 1999 : 2000 : 1999 : 2000 : 1999 : 2000 : 1999 : 2000 : 1999 : 2000 ------------------------------------------------------------------------------ Jan : 97 90 97 89 96 93 115 118 111 115 Feb : 96 98 94 115 111 Mar : 96 98 95 115 111 Apr : 96 103 90 115 111 May : 98 104 93 115 111 Jun : 97 100 95 115 111 Jul : 95 95 94 115 111 Aug : 98 99 97 115 112 Sep : 96 95 98 116 112 Oct : 91 88 96 117 113 Nov : 93 89 98 117 114 Dec : 92 90 95 118 115 ------------------------------------------------------------------------------ Prices Received, United States, January 2000, with Comparisons ----------------------------------------------------------------------------- : : : Entire Month : Preliminary : : Average :---------------------------------- Commodity : Unit : 1990-92 : Jan : Dec : Jan : : : 1999 : 1999 : 2000 ----------------------------------------------------------------------------- : : Dollars : : Field Crops : : : : Barley, All : Bu : 2.12 1.89 2.24 2.19 Feed : Bu : 1.90 1.58 1.64 1.76 Malting : Bu : 2.43 2.26 2.53 2.57 Beans, Dry Edible : Cwt : 19.10 19.70 17.00 15.60 Corn : Bu : 2.30 2.06 1.82 1.90 Cotton, Upland : Lb : .606 .581 .430 .444 Cottonseed : Ton : 96.00 139.00 99.00 101.00 : : Flaxseed : Bu : 4.27 5.05 3.61 3.55 Hay, All, Baled 1/ : Ton : 76.30 78.50 71.10 71.80 Alfalfa 1/ : Ton : 77.20 81.40 73.20 74.10 Other 1/ : Ton : 60.00 70.60 65.90 65.90 Oats : Bu : 1.22 1.20 1.17 1.18 Peanuts, In-Shell : Lb : .304 .216 .133 Potatoes : Cwt : 5.82 5.32 5.58 5.64 : : Rice, Rough : Cwt : 7.07 9.09 6.19 6.27 Sorghum Grain : Cwt : 3.75 3.05 2.65 2.93 Soybeans : Bu : 5.61 5.32 4.44 4.59 Sunflower 2/ : Cwt : 9.50 11.50 7.08 7.54 Tobacco : Lb : 1.740 1.930 1.905 1.900 : : Wheat, All : Bu : 2.96 2.84 2.52 2.52 Winter : Bu : 2.93 2.70 2.27 2.35 Durum : Bu : 2.86 3.20 2.96 3.00 Other Spring : Bu : 3.11 3.12 2.87 2.82 Hard Red Winter : Bu : 2.76 2.20 Soft Red Winter : Bu : 2.87 2.36 2.12 Hard Red Spring : Bu : 3.22 2.90 White : Bu : 3.24 2.62 2.56 : : Fruit : : : : Citrus-Equiv on-tree : : Grapefruit : Box : 5.77 2.48 3.71 2.40 Lemons : Box : 10.10 8.11 9.49 9.65 Limes 3/ : Box : 10.15 16.50 Oranges : Box : 5.79 4.98 3.41 3.27 Tangelos : Box : 5.82 4.72 3.30 2.30 Tangerines : Box : 15.11 14.52 7.11 10.57 Temples : Box : 6.23 7.96 6.87 : : Non-citrus : : Apples, Fresh 4/ : Lb : .212 .158 .237 .235 Grapes, Fresh 4/ : Ton : 506.00 Peaches, Fresh 4/ : Lb : .216 Pears, Fresh 4/ : Ton : 370.00 373.00 414.00 414.00 Strawberries, Fresh: Lb : .560 1.31 1.28 .880 ----------------------------------------------------------------------------- 1/ Mid-month price. 2/ KS, MN, ND and SD average. 3/ Current prices not published to avoid disclosure of individual firms. 4/ 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, United States, January 2000, with Comparisons (continued) ----------------------------------------------------------------------------- : : : Entire Month : Preliminary : : Average :---------------------------------- Commodity : Unit : 1990-92 : Jan : Dec : Jan : : : 1999 : 1999 : 2000 ----------------------------------------------------------------------------- : : Dollars : : Vegetables, Fresh 1/ : : : : Asparagus : Cwt : 79.80 141.00 268.00 215.00 Broccoli : Cwt : 22.50 27.70 39.40 24.60 Cantaloupes : Cwt : 22.60 Carrots : Cwt : 13.20 16.10 11.40 11.60 Cauliflower : Cwt : 26.80 29.40 55.60 25.40 Celery : Cwt : 11.60 9.51 17.20 21.70 Corn, Sweet : Cwt : 15.70 24.30 40.30 43.60 Cucumbers 2/ : Cwt : 16.50 29.70 Lettuce : Cwt : 11.90 10.30 16.10 18.70 Onions : Cwt : 12.80 16.70 7.88 6.35 Snap Beans 2/ : Cwt : 43.80 62.50 34.70 Tomatoes : Cwt : 32.30 39.90 31.40 23.20 : : Livestock : : : : Calves : Cwt : 94.30 83.20 98.60 102.00 Cattle, All Beef : Cwt : 72.90 59.00 66.60 66.60 Cows : Cwt : 49.60 33.40 35.10 35.20 Steers & Heifers : Cwt : 77.10 62.20 70.80 70.70 Milk Cows 3/ : Head : 1130.00 1250.00 1330.00 : : Hogs, All : Cwt : 47.70 26.30 35.60 36.30 Barrows & Gilts : Cwt : 48.40 26.70 36.00 36.50 Sows : Cwt : 39.50 18.00 26.70 32.20 : : Lambs : Cwt : 56.20 68.20 77.60 Sheep : Cwt : 23.40 32.40 33.40 : : Dairy and Poultry : : : : Milk, All 4/ : Cwt : 13.06 17.40 12.20 5/11.90 Fluid Grade : Cwt : 13.10 17.50 12.20 5/12.00 Mfg Grade : Cwt : 11.80 15.30 10.70 5/10.70 : : Broilers, Live 6/ : Lb : .317 .379 .368 .350 Eggs, All 7/ : Doz : .643 .719 .613 .580 Market 7/ : Doz : .546 .582 .433 .397 Turkeys, Live 6/7/ : Lb : .380 .348 .422 .364 ----------------------------------------------------------------------------- Adjusted for Seasonal : : Variation : : Eggs, All : Doz : .545 .672 .562 .523 Milk, All 4/ : Cwt : 9.71 17.23 11.84 11.78 ----------------------------------------------------------------------------- 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. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 5/ Fat test percent: all milk 3.79, fluid milk 3.79, mfg grade 3.94. 6/ Liveweight equivalent price. 7/ Mid-month price. Wheat: Prices Received, by States, December 1999 and January 2000 ------------------------------------------------------------------------------- : 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 : 2.20 2.40 2.20 2.40 CA : 3/ 3/ 4/ 4/ 4/ 4/ CO : 2.26 2.23 2.26 2.23 2.20 2.28 ID : 2.61 2.56 2.41 2.40 2.74 2.80 IL : 2.22 2.25 2.22 2.25 IN : 1.96 2.20 1.96 2.20 KS : 2.16 2.31 2.16 2.31 MI : 2.04 2.15 2.04 2.15 MN : 2.87 2.90 2.45 2.50 3/ 4/ 2.87 2.90 MO : 2.22 2.30 2.22 2.30 MT : 2.98 2.90 2.63 2.70 3.70 3.50 3.00 2.90 NE : 2.03 2.30 2.03 2.30 ND : 2.81 2.80 2.45 2.35 2.84 2.90 2.80 2.75 OH : 2.04 2.10 2.04 2.10 OK : 2.07 2.24 2.07 2.24 OR : 2.73 2.68 2.69 2.65 2.96 2.85 SD : 2.61 2.66 2.09 2.31 4/ 4/ 2.80 2.79 TX : 2.03 2.25 2.03 2.25 WA : 2.70 2.66 2.63 2.64 2.97 2.76 : US : 2.52 2.52 2.27 2.35 2.96 3.00 2.87 2.82 ------------------------------------------------------------------------------- 1/ Entire month. 2/ Mid-month. 3/ Price not published to avoid disclosure of individual firms. 4/ Insufficient sales to establish a price. Prices Received for Selected Agricultural Commodities, by Months, United States, 1999 and 2000 ------------------------------------------------------------------------------- : All Wheat : Corn : Soybeans :Beef Cattle 1/: All Hogs Month:------------------------------------------------------------------------- : 1999 :2000 2/:1999 :2000 2/: 1999 :2000 2/: 1999 :2000 2/: 1999 :2000 2/ ------------------------------------------------------------------------------- : ---------- Dollars per Bushel --------- ---- Dollars per Cwt ----- : Jan : 2.84 2.52 2.06 1.90 5.32 4.59 59.00 66.60 26.30 36.30 Feb : 2.73 2.05 4.80 60.60 27.60 Mar : 2.65 2.06 4.61 62.40 27.80 Apr : 2.62 2.04 4.63 62.70 30.20 May : 2.49 1.99 4.50 62.10 36.40 Jun : 2.50 1.97 4.44 63.70 34.20 Jul : 2.23 1.74 4.19 62.60 31.20 Aug : 2.52 1.75 4.39 63.50 36.20 Sep : 2.57 1.75 4.57 63.80 33.70 Oct : 2.58 1.69 4.47 66.20 34.00 Nov : 2.66 1.70 4.45 66.20 33.40 Dec : 2.52 1.82 4.44 66.60 35.60 ------------------------------------------------------------------------------- 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 1999 and January 2000 ------------------------------------------------------------------------------ : 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 : 4.58 4.80 3.41 3.69 CA : 2.39 2.60 CO : 1.70 1.74 1.74 1.81 GA : 2.27 2.43 4.38 4.52 ID : 2.69 2.44 IL : 1.95 2.00 1.30 1.35 4.58 4.70 3.14 3.35 IN : 1.89 2.00 4.56 4.81 IA : 1.77 1.78 1.12 1.10 4.37 4.43 KS : 1.73 1.86 4.26 4.37 2.55 2.85 KY : 2.22 2.22 4.62 4.90 LA : 4.70 4.92 MI : 1.70 1.80 1.58 1.50 4.42 4.65 MN : 1.69 1.70 1.56 1.65 .92 .95 4.16 4.30 MS : 4.58 4.70 MO : 1.99 2.00 4.51 4.70 3.10 3.20 MT : 2.45 2.36 .98 1.00 NE : 1.70 1.84 1.31 1.25 4.25 4.39 2.61 2.90 NC : 2.19 2.35 4.42 4.65 ND : 2.05 2.07 .90 .95 OH : 1.91 1.95 1.52 1.55 4.53 4.60 OK : 2.70 2.93 OR : 1.76 1.85 1.48 1.45 PA : 2.40 2.45 1.81 1.68 SD : 4/ 4/ 1.55 1.64 1.04 1.07 4.08 4.24 TN : 2.20 2.25 4.42 4.60 TX : 2.02 2.05 5/ 5/ 2.85 3.03 UT : 1.90 1.88 WA : 1.76 1.82 WI : 1.73 1.85 1.03 1.10 4.69 4.80 WY : 1.54 2.51 : US : 2.24 2.19 1.82 1.90 1.17 1.18 4.44 4.59 2.65 2.93 ------------------------------------------------------------------------------ 1/ The Three-State (MN, ND and SD) Feed Barley price for January 2000 is $1.41. 2/ Entire month. 3/ Mid-month. 4/ Price not published to avoid disclosure of individual firms. 5/ Insufficient sales to establish a price. Malting and Feed Barley: Prices Received Selected States, December and January 2000 ------------------------------------------------------------------------------ : Malting Barley : Feed Barley State :----------------------------------------------------------------------- : Dec : Jan : Dec : Jan ------------------------------------------------------------------------------ : Dollars per Bushel : ID : 1/ 1/ 1.82 1.90 MN : 1.88 1.90 1.45 1.45 MT : 2.70 2.70 1.56 1.55 ND : 2.27 2.30 1.46 1.40 SD : 1/ 1/ 1/ 1/ WY : 2/ 1/ 1.54 1.55 ------------------------------------------------------------------------------ 1/ Price not published to avoid disclosure of individual firms. 2/ Insufficient sales to establish a price. Field Crops: Prices Received, by States, December 1999 and January 2000 ------------------------------------------------------------------------------ : 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 : .270 .233 CA : 27.60 27.10 CO : 14.20 13.70 FL : .145 6/ GA : .236 7/ ID : 15.40 14.90 IN : 1.905 1.900 KS : 7/ 7/ KY : 1.910 1.900 MD : MI : 15.90 14.50 MN : 18.90 18.70 8.42 8.50 MO : 1.890 1.880 NE : 15.60 14.90 NC : 1.915 1.890 .265 .293 ND : 13.50 13.50 8.28 8.10 3.61 3.55 OH : 1.925 1.915 OK : SC : SD : 7.25 6.59 6/ 6/ TN : 1.900 1.895 TX : .199 .119 VA : 1.910 1.880 .273 .296 WV : : US : 17.00 15.60 7.08 7.54 3.61 3.55 1.905 1.900 .216 .133 ------------------------------------------------------------------------------ 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 firms. Tobacco: Prices Received, by Area and Type, January 2000, with Comparisons ------------------------------------------------------------------------------ : : Jan : Dec : Jan Class by Type : Type : 1999 : 1999 : 2000 1/ ------------------------------------------------------------------------------ : : Dollars per Pound Fire-cured : : VA Belt : 21 : 1.840 1.830 1.680 Eastern District : 22 : 2.225 2/ 2/ Western District : 23 : 2.110 2/ 2/ Total Fire-cured : 21-23: 2.180 1.830 1.680 : : Light Air-Cured : : Burley : 31 : 1.895 1.905 1.900 Total Light Air-Cured : 31-32: 1.895 1.905 1.900 : : Dark Air-cured : : One Sucker Belt : 35 : 1.735 2.140 1.900 Green River Belt : 36 : 1.940 2.030 2.025 Sun-cured Belt : 37 : 1.670 1.585 1.610 Total Dark Air-cured : 35-37: 1.800 2.085 1.940 : : US : 11-37: 1.925 1.905 1.900 ------------------------------------------------------------------------------ 1/ Based on sales during the first half of the month. 2/ Sales of Types 22 & 23 began Jan 24, 2000. Field Crops and Apples: Prices Received, by States, December 1999 and January 2000 ---------------------------------------------------------------------------- : : January : Cotton, Upland :------------------------------------------------- State : : Cotton- : Hay, Baled 3/ : Apples :-------------------: seed :----------------------------: Fresh : Dec 1/ : Jan 2/ : 5/ : All : Alfalfa : Other : Use 1/4/ ---------------------------------------------------------------------------- : Dollars per Pound -------- Dollars per Ton ------- Dol/Lb : AL : 6/ 6/ 64.00 AZ : .431 6/ 124.00 81.00 82.00 58.00 AR : .434 .439 CA : .587 .595 116.00 79.00 81.00 57.00 .288 CO : 65.00 65.00 60.00 GA : .438 .434 78.00 ID : 86.00 88.00 65.00 IL : 81.00 85.00 63.00 IA : 77.00 79.00 55.00 KS : 62.00 66.00 48.00 KY : 89.00 120.00 78.00 LA : .398 .398 MI : 77.00 80.00 65.00 .130 MN : 62.00 68.00 39.00 MS : .423 .418 MO : 76.00 113.00 69.00 MT : 65.00 66.00 57.00 NE : 38.00 38.00 33.00 NV : 81.00 81.00 80.00 NM : 118.00 121.00 90.00 NY : 116.00 125.00 105.00 .163 NC : .446 .489 107.00 ND : 34.00 42.00 28.00 OH : 116.00 130.00 85.00 .270 OK : 70.00 83.00 51.00 OR : 87.00 89.00 80.00 PA : 138.00 152.00 126.00 .200 SD : 41.00 44.00 28.00 TN : .400 .398 TX : .397 .409 85.00 66.00 126.00 63.00 UT : 73.00 75.00 35.00 VA : .190 WA : 97.00 84.00 135.00 .256 WI : 54.00 60.00 35.00 WY : 64.00 65.00 57.00 : US : .430 .444 101.00 71.80 74.10 65.90 .235 ---------------------------------------------------------------------------- 1/ Entire month. 2/ Based on sales during the first half of the month. 3/ Mid-month. 4/ Equivalent packinghouse-door returns for CA,MI,NY and WA. Price at point of first sale for other states. 5/ Marketing year August-February. 6/ Price not published to avoid disclosure of individual firms. Upland Cotton and Rice: Prices Received and Marketings, United States, January 2000, with Comparisons ---------------------------------------------------------------------------- Item : Unit : Nov 1999 1/ : Dec 1999 1/ :Jan 2000 2/ ---------------------------------------------------------------------------- : : Cotton, Upland : : Average Price : Dollars/Pound : .447 .430 .444 Marketings 3/ : 1,000 Bales : 2117 2885 NA : : Rice : : Average Price : Dollars/Cwt : 6.11 6.19 6.27 Marketings 4/ : 1,000 Cwt : 12811 14000 NA ---------------------------------------------------------------------------- 1/ Entire month. 2/ Based on purchases for the first half of the month. 3/ Expanded data from sample of about 60 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 2000 ------------------------------------------------------------------------------ : : Equivalent Returns Commodity : F.O.B. :----------------------------------------------- And : Packed : Packinghouse-door : On-tree State : Fresh :----------------------------------------------- : : All : Fresh : Process : All : Fresh :Process ------------------------------------------------------------------------------ : Dollars per Box 1/ Grapefruit : CA : 18.20 11.66 12.76 -0.04 9.72 10.82 -1.98 : FL : 11.30 4.67 3.35 5.72 2.38 1.35 3.20 White Seedless : 15.40 5.82 6.80 5.30 3.56 4.80 2.90 Colored Seedless: 9.80 4.07 2.10 6.00 1.76 0.10 3.40 : TX : 13.30 3.47 4.60 1.12 2.34 3.45 0.02 : US : 11.80 4.53 3.68 5.31 2.40 1.85 2.91 : Lemons : AZ : 32.40 16.21 23.96 0.74 12.57 20.32 -2.90 CA : 30.50 11.44 22.06 0.74 7.80 18.42 -2.90 : US : 31.40 13.29 22.93 0.74 9.65 19.29 -2.90 : Oranges : AZ : Navel and Misc : 14.50 6.42 8.48 0.06 4.44 6.50 -1.92 : CA : Navel and Misc : 15.40 8.03 9.38 0.06 6.05 7.40 -1.92 : FL : Early and Mids : 12.50 5.01 5.40 5.00 3.16 3.40 3.15 : TX : Early and Mids : 13.20 3.95 4.40 2.90 2.67 3.10 1.65 : US : 14.00 5.12 7.24 4.96 3.27 5.31 3.11 : Tangelos : FL : 14.50 4.94 7.00 4.00 2.30 4.50 1.30 : Tangerines : AZ : 27.80 17.10 21.90 0.72 15.02 19.82 -1.36 CA : 24.70 14.97 18.80 1.40 12.89 16.72 -0.68 FL : 26.90 12.91 18.30 5.80 9.28 14.85 1.95 : US : 26.80 13.79 19.07 5.05 10.57 16.07 1.47 : Temples : FL : 18.00 8.93 10.90 5.00 6.87 8.90 2.80 ------------------------------------------------------------------------------ 1/ Net lbs. per box: Grapefruit-CA-67, FL-85, TX-80; Lemons-76; Oranges-AZ & CA-75, FL-90, TX-85; Tangelos-90; Tangerines-AZ & CA-75, FL-95. Potatoes: Prices Received, by States, December 1999 and January 2000 ------------------------------------------------------------------------------ : : :: : : State : Dec : Jan :: State : Dec : Jan : : :: : : ------------------------------------------------------------------------------ : Dollars per Cwt :: : Dollars per Cwt : :: : AL : :: NC : AZ : :: ND - All 1/ : 5.25 5.20 CA - All : 11.50 10.40 :: - Fresh 2/ : 7.80 NA - Winter : 15.80 14.80 :: - Processing : 4.20 NA - Spring : :: OH : 7.40 7.10 - Summer : :: OR : 5.00 4.90 - Fall : 6.65 6.80 :: PA : 8.00 8.30 CO - All 1/ : 4.25 4.20 :: TX : - Fresh 2/ : 4.47 NA :: VA : FL : :: WA - All : 5.30 5.30 ID - All 1/ : 4.80 4.90 :: - Processing : 4.90 NA - Fresh 2/ : 5.00 NA :: WI - All 1/ : 5.05 5.00 - Processing : 4.80 NA :: - Fresh 2/ : 5.00 NA ME : 6.40 6.45 :: - Processing : 4.50 NA MI : 6.75 7.00 :: : MN : 6.50 6.65 :: US - All 1/ : 5.58 5.64 NY : 8.30 8.10 :: - Fresh 2/ : 6.30 NA : :: - Processing : 5.07 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 1999 and January 2000 ------------------------------------------------------------------------------ : 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 : 33.30 34.20 68.20 68.60 67.50 68.30 90.40 90.40 AR : 32.20 32.50 72.20 75.50 62.20 64.80 90.90 95.00 CA : 34.00 34.50 67.00 67.00 48.50 47.50 87.50 90.00 CO : 36.90 37.80 73.90 71.90 70.90 69.20 101.00 108.00 FL : 36.00 37.60 74.70 84.50 43.70 47.00 93.80 98.00 GA : 34.20 35.50 73.00 76.80 46.20 48.30 88.80 94.30 ID : 34.30 32.50 68.90 71.80 59.20 61.20 88.00 91.00 IL : 33.80 33.40 68.20 67.00 67.50 66.30 112.00 114.00 IA : 37.50 37.50 69.40 71.80 66.20 68.40 93.30 98.80 KS : 34.10 36.60 70.70 69.90 69.60 68.60 101.00 103.00 KY : 35.00 34.00 77.00 81.00 66.90 69.70 87.00 94.00 LA : 33.00 35.00 79.00 84.00 47.70 49.70 92.40 98.00 MI : 36.50 36.00 62.00 61.80 54.40 54.10 83.00 86.00 MN : 35.90 36.00 67.10 66.50 62.00 61.60 90.20 91.00 MO : 34.60 34.40 82.10 86.20 67.90 70.70 92.60 99.10 MT : 35.00 35.00 86.20 87.10 69.30 76.20 95.80 100.00 NE : 35.10 34.50 70.30 70.20 69.20 69.10 100.00 104.00 NM : 36.70 38.70 82.90 86.80 62.10 66.10 93.50 100.00 ND : 36.90 37.00 84.50 85.00 68.30 76.80 95.40 98.00 OH : 34.10 35.00 67.70 68.00 64.30 64.70 84.10 85.00 OK : 35.00 35.60 86.70 87.40 82.60 83.30 98.40 102.00 OR : 36.40 37.70 77.70 81.70 65.30 68.50 85.50 88.10 PA : 36.80 36.30 66.70 66.80 58.90 58.90 116.00 102.00 SD : 33.60 32.90 84.20 86.00 71.10 72.20 103.00 108.00 TN : 31.50 33.00 78.00 82.00 59.40 62.40 89.00 95.00 TX : 32.30 33.80 71.70 72.70 68.20 69.20 95.60 101.00 VA : 30.80 32.10 74.50 76.60 55.70 57.50 82.60 93.00 WI : 36.40 35.60 67.60 69.30 49.50 49.80 126.00 127.00 WY : 38.40 38.30 87.10 88.80 74.90 78.70 105.00 108.00 : US : 35.10 35.20 70.80 70.70 66.60 66.60 98.60 102.00 ------------------------------------------------------------------------------ 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 1999 and January 2000 ------------------------------------------------------------------------------ : Sows : Barrows and Gilts : All Hogs State :----------------------------------------------------------------------- : Dec 1/ : Jan 2/ : Dec 1/ : Jan 2/ : Dec 1/ : Jan 2/ ------------------------------------------------------------------------------ : Dollars per Cwt : AR : 27.50 32.80 33.00 33.10 32.50 33.10 IL : 26.30 29.30 34.30 34.90 33.70 34.50 IN : 29.10 35.30 34.90 35.30 34.30 35.30 IA : 32.50 36.50 38.20 38.50 38.10 38.50 KS : 26.50 34.50 34.50 35.10 33.50 35.00 MI : 24.50 26.50 35.00 37.50 34.20 36.60 MN : 27.60 32.00 36.50 36.50 36.20 36.30 MO : 25.50 31.50 30.60 30.60 30.20 30.70 NE : 31.50 34.00 36.50 38.00 36.40 37.90 NC : 27.30 35.40 36.00 36.20 35.90 36.20 OH : 31.00 33.00 36.50 38.00 36.10 37.60 OK : 25.00 32.30 32.10 32.80 31.10 32.80 PA : 23.60 28.50 35.30 35.40 33.60 34.40 SD : 26.40 30.90 38.90 39.90 37.50 38.90 TX : 22.30 27.20 33.20 33.30 31.10 32.10 WI : 23.40 28.20 33.00 33.40 31.80 32.70 : US : 26.70 32.20 36.00 36.50 35.60 36.30 ------------------------------------------------------------------------------ 1/ Entire month 2/ Mid-month. Sheep and Poultry: Prices Received, by States, December 1999 and January 2000 ------------------------------------------------------------------------------ : December : January :----------------------------------------------------------------------- State : Sheep : Lambs : Turkeys : Eggs : 1/ : 1/ : 2/3/ : 2/4/ ------------------------------------------------------------------------------ : ---- Dollars per Cwt ---- Dollars per Pound Dol/Doz : AL : .380 AR : .37 .280 CA : 33.50 77.00 .42 .420 CO : 39.90 74.70 CT : .440 FL : .340 GA : .350 ID : 30.00 72.00 IN : .37 .450 IA : 31.00 74.00 .324 KS : 28.00 75.00 ME : .580 MI : .380 MN : 27.10 75.90 .33 .300 MS : .350 MO : .38 .318 MT : 32.80 86.50 NE : 35.00 73.20 NY : .461 NC : .36 .353 OH : 33.10 74.60 .440 OR : 27.00 67.00 PA : .490 SC : .410 SD : 36.30 90.50 TX : 39.60 81.00 .310 UT : 29.00 82.00 VA : .36 WA : .510 WY : 36.90 78.00 : US : 33.40 77.60 .364 .397 ------------------------------------------------------------------------------ 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 derived from ready-to-cook (RTC) prices using the following formula: (RTC price minus processing cost) * (dressing percentage) = liveweight equivalent price. 4/ Market (table) eggs. Milk and Milk Cows: Prices Received, by States, December 1999 and January 2000 ------------------------------------------------------------------------------ : 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 5/ : 14.00 3.71 14.00 3.71 AZ : 10.90 3.56 10.90 3.56 11.40 3.69 1380 AR 5/ : 13.50 3.60 13.50 3.60 CA : 11.50 3.82 11.00 4.22 11.50 3.82 11.00 3.80 1480 CO 5/ : 12.10 3.69 12.10 3.69 FL : 12.80 3.63 12.80 3.63 13.70 3.60 1430 GA 5/ : 13.90 3.73 13.90 3.73 ID : 11.00 3.78 10.70 3.92 11.00 3.78 11.30 3.70 1300 IL : 11.80 3.87 11.20 3.76 11.80 3.86 11.90 3.80 1300 IN : 12.40 3.89 11.00 3.98 12.30 3.89 12.40 3.95 1200 IA : 11.10 3.86 10.40 3.92 11.10 3.86 11.10 3.83 1270 KS 5/ : 11.70 3.76 10.00 3.84 11.60 3.76 KY : 13.30 3.79 9.40 3.91 13.30 3.79 13.50 3.80 1240 LA 5/ : 14.40 3.58 14.40 3.58 MD 5/ : 13.10 3.87 13.10 3.87 MI : 12.60 3.81 9.70 3.84 12.60 3.81 12.30 3.79 1290 MN : 11.90 3.82 10.55 3.92 11.81 3.83 11.70 3.79 1220 MS 5/ : 14.20 3.71 14.20 3.71 MO : 12.50 3.80 11.20 3.60 12.40 3.79 12.20 3.80 1190 NE 5/ : 11.50 3.83 11.00 3.91 11.50 3.83 NM : 12.60 3.72 12.60 3.72 11.50 3.70 1450 NY : 12.30 3.77 12.30 3.77 12.80 3.77 1200 NC 5/ : 15.50 3.97 10.20 4.13 15.40 3.97 ND 5/ : 11.60 3.80 10.30 3.89 11.20 3.83 OH : 13.10 3.89 11.20 3.95 13.00 3.89 12.40 3.87 1250 OK 5/ : 13.70 3.76 13.70 3.76 OR 5/ : 12.40 3.73 11.50 4.22 12.40 3.73 PA : 13.10 3.80 9.60 3.90 13.10 3.80 12.90 3.80 1320 TN 5/ : 13.70 3.77 9.25 3.90 13.70 3.77 TX : 13.60 3.75 13.60 3.75 13.20 3.74 1420 UT 5/ : 11.50 3.76 10.40 3.87 11.40 3.77 VT : 13.90 3.78 13.90 3.78 12.90 3.80 1280 VA : 13.90 3.57 11.20 3.98 13.80 3.58 13.60 3.73 1280 WA : 12.40 3.73 12.40 3.73 11.70 3.74 1280 WI : 11.68 3.85 10.82 4.01 11.63 3.86 11.60 3.84 1360 : US : 12.20 3.79 10.70 3.96 12.20 3.80 11.90 3.79 1330 ------------------------------------------------------------------------------ 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. 5/ Monthly estimates discontinued January 2000. Parity Price Equivalent for Manufacturing Milk 1/: United States, December 1999 and January 2000, with Comparisons ------------------------------------------------------------------------------ Item : Jan 1999 : Dec 1999 : Jan 2000 ------------------------------------------------------------------------------ : Parity Equivalent.........Dol per Cwt : 27.33 28.06 28.30 Average Price F.O.B.......Dol per Cwt : 15.30 10.70 2/10.70 Average Fat Test of Milk..Percent : 3.92 3.96 2/3.94 ------------------------------------------------------------------------------ 1/ The parity price equivalent during 2000 is 90.4 percent of the parity price of all milk sold to plants, compared with 91.1 percent in 1999. 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 2000, 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 : : 1999 : 1999 : 2000 : 1999: 1999: 2000 ------------------------------------------------------------------------------- : ----------- Dollars ---------- ---- Percents ---- Basic Commodities : All Wheat, Bu : .609 9.53 9.78 9.59 30 26 26 Rice, Cwt : 1.80 27.10 27.80 28.30 33 22 22 Corn, Bu : .420 6.52 6.69 6.61 32 27 29 Cotton, Lb : American Upland : .112 1.72 1.77 1.76 34 24 25 Extra Long Staple : .143 2.21 2.27 2.25 Peanuts, Lb : .0426 .647 .664 .671 43 33 20 Tobacco, By Type, Lb : Flue-Cured 11-14 : .253 3.84 3.94 3.98 VA Fire-Cured, 21 : .254 3.79 3.89 4.00 49 47 42 KY-TN Fire-Cured, 22-23 : .318 4.77 4.89 5.01 47 Burley, 31 : .270 4.05 4.16 4.25 47 46 45 Maryland, 32 : .229 3.52 3.61 3.60 Dark Air-Cured, 35-36 : .272 4.05 4.16 4.28 47 50 Sun-Cured, 37 : .231 3.44 3.53 3.64 49 45 44 PA Seedleaf, 41 : .192 2.94 3.02 3.02 Cigar Filler & Binder, : 42-44, 54-55 : .212 3.30 3.39 3.34 Puerto Rican Filler, 46 : .173 2.63 2.70 2.72 Cigar Binder, 51-52 : .612 8.41 8.63 9.63 : Designated Nonbasic : All Milk, Sold to : Plants, Per Cwt : 1.99 30.00 30.80 31.30 2/57 2/38 2/38 Honey, Extracted, Lb : 3/.0901 1.34 1.37 1.42 : Wool and Mohair : Wool, Lb : .114 1.90 1.95 1.79 Mohair, Lb : .240 3.52 3.61 3.78 : Other Nonbasic : Barley, Bu : .375 5.83 5.99 5.90 32 37 37 Cottonseed, Ton : 15.60 242.00 249.00 246.00 57 40 41 Dry Edible Beans, Cwt : 3.11 49.60 51.00 49.00 40 33 32 Flaxseed, Bu : .739 11.90 12.20 11.60 42 30 31 Oats, Bu : .213 3.41 3.50 3.35 35 33 35 Potatoes, Cwt : .852 13.10 13.40 13.40 41 42 42 Rye, Bu : .328 4.96 5.10 5.16 Sorghum Grain, Cwt : .661 10.30 10.50 10.40 30 25 28 Soybeans, Bu : .877 13.80 14.10 13.80 39 31 33 Sweetpotatoes, Cwt : 2.07 31.10 31.90 32.60 Apples, Fresh, Lb 5/ : .0930 .442 .453 1.46 36 52 Citrus (equiv on-tree),box: Grapefruit : .517 7.98 8.19 8.14 31 45 29 Lemons : 1.22 18.30 18.80 19.20 44 50 50 Limes (FL) : 1.30 17.80 18.30 20.50 93 Oranges : .731 11.40 11.70 11.50 44 29 28 Tangerines : 1.80 27.30 28.00 28.30 53 25 37 Temples (FL) : .635 9.67 9.93 9.99 82 69 Beef Cattle, Cwt : 9.74 149.00 153.00 153.00 40 44 44 Calves, Cwt : 12.50 190.00 195.00 197.00 44 51 52 Hogs, Cwt : 6.44 100.00 103.00 101.00 26 35 36 Lambs, Cwt : 10.30 154.00 158.00 162.00 44 49 Sheep, Cwt : 4.26 64.10 65.80 67.10 51 51 Eggs, Doz : .0952 1.47 1.51 1.50 2/46 2/37 2/35 Turkeys, Live, Lb : .0580 .877 .900 .913 40 47 40 ------------------------------------------------------------------------------- --continued Parity Prices Based on Data for January 2000, 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 : : Peaches, cont. : Hops, Lb : .245 3.86 : Processing 6/ : Spearmint Oil, Lb: 1.80 28.30 : Excl Dried : Tobacco, Lb : : Clingstone, : Type 61 : 2.74 43.10 : CA, Ton : 31.80 501.00 : : Pears, Ton : Noncitrus Fruit : : Fresh 5/ : 52.70 829.00 Apples, Ton 7/ : : Dried, CA 7/ : 152.00 2390.00 Processing : 19.40 305.00 : Plums, CA, Ton : Apricots, Ton : : Fresh, Equiv : Fresh 8/ : 117.00 1840.00 : on-Tree : 53.60 844.00 Dried, CA : 291.00 4580.00 : Prunes, Dried, : Avocados, Ton 8/ : 207.00 3260.00 : CA, Ton 7/ : 136.00 2140.00 Cherries : : Prunes and Plums,: Sweet, Ton : 163.00 2570.00 : Excl CA, Ton : Tart, Lb : .0258 .406 : Fresh 10/ : 53.30 839.00 Cranberry, Bbl 6/: 7.45 117.00 : Processing 7/ : Dates, CA, Ton 8/: 143.00 2250.00 : Excl Dried : 23.60 371.00 Grapes, Ton : : : Raisin Variety : 151.00 2380.00 :Tree Nuts 11/ : Other Dried : 60.90 959.00 : Almonds, Lb : .220 3.46 Kiwifruit, Ton : 72.50 1140.00 : Hazelnuts, Ton : 118.00 1860.00 Nectarines : : Pistachio, Lb : .161 2.53 Fresh, Calif, : : Walnuts, Ton : 182.00 2860.00 Ton 8/ : 63.60 1000.00 : : Olives, CA : :Vegetables, Cwt 12/: Canning, Ton 6/: 92.10 1450.00 : Fresh : Papayas (HI) Lb : .0507 .798 : Carrots 9/ : 1.87 29.40 Peaches : : Cauliflower 9/ : 4.32 68.00 Fresh, Lb 5/ : .0388 .611 : Celery 9/ : 1.84 29.00 Dried, CA, : : Honeydew Melons : 2.67 42.00 Ton : 115.00 1810.00 : Lettuce : 2.19 34.50 : : Onions 9/ : 1.72 27.10 : : Tomatoes : 4.38 68.90 ------------------------------------------------------------------------------- 1/ Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See January "Agricultural Prices" for details on adjusted base price and parity price computations. 2/ Seasonally adjusted price as percentage of parity price. 3/ Wholesale extracted. Adjusted base price derived from state annual average 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. Rice: Marketing Year Average Prices Received, by States and United States, 1997 and 1998 ------------------------------------------------------------------------------ State : 1997 : 1998 ------------------------------------------------------------------------------ : Dollars per Cwt : : All AR : 9.87 8.87 CA : 7.95 9.19 LA : 10.20 8.87 MS : 10.40 8.99 MO : 10.00 8.75 TX : 10.90 9.32 : US 1/ : 9.70 8.89 : : Length of Grain US: : Long : 10.20 8.79 Medium &: Short : 8.52 9.18 ------------------------------------------------------------------------------ 1/ Based on state prices weighted by marketings for August through July. Prices Received: All Rice, United States by Month, for Marketing Years, 1996-97 through 1998-99 1/ ------------------------------------------------------------------------------ Year : Aug : Sep : Oct : Nov : Dec : Jan 2/ ------------------------------------------------------------------------------ : Dollars per Cwt : 1998-99: 9.01 9.42 9.31 9.02 9.10 9.09 1997-98: 9.94 9.92 10.00 9.82 9.77 9.57 1996-97: 10.10 10.00 9.66 9.41 9.82 9.95 :---------------------------------------------------------------------- : Feb : Mar : Apr : May : Jun : Jul :---------------------------------------------------------------------- : Dollars per Cwt : 1998-99: 9.02 8.93 8.49 8.21 8.25 8.26 1997-98: 9.75 9.67 9.40 9.38 9.58 9.58 1996-97: 10.10 10.20 10.30 10.20 9.90 10.00 ------------------------------------------------------------------------------ 1/ August - July for US. 2/ Second year. Apples for Fresh Use: Prices Received, United States, July 1992 - December 1999 ------------------------------------------------------------------------------ Year : Jul : Aug : Sep : Oct : Nov : Dec :Jan 1/: Feb : Mar : Apr : May : Jun ------------------------------------------------------------------------------ : Dollars per Pound : 1992 : .286 .333 .271 .212 .194 .199 .183 .167 .145 .143 .149 .161 1993 : .178 .244 .241 .211 .193 .186 .187 .178 .166 .155 .143 .135 1994 : .194 .289 .207 .191 .164 .192 .195 .183 .182 .166 .154 .156 1995 : .179 .244 .262 .253 .238 .244 .254 .242 .251 .226 .219 .219 1996 : .233 .252 .305 .247 .232 .227 .225 .203 .176 .156 .143 .137 1997 : .146 .174 .259 .253 .230 .233 .219 .208 .205 .194 .178 .163 1998 : .127 .138 .226 .221 .175 .149 .158 .150 .153 .141 .133 .127 1999 : .124 .184 .232 .235 .233 .237 ------------------------------------------------------------------------------ 1/ January of the following year. Pears for Fresh Use: Monthly Prices Received, United States, July 1992 - December 1999 ------------------------------------------------------------------------------- Year : Jul : Aug : Sep : Oct : Nov : Dec :Jan 1/: Feb : Mar : Apr : May : Jun ------------------------------------------------------------------------------- : Dollars per Ton : 1992 : 300 273 364 390 433 391 370 417 412 429 505 538 1993 : 390 344 366 350 330 281 235 220 202 182 172 175 1994 : 148 170 278 248 271 253 222 288 346 374 354 340 1995 : 358 332 374 354 351 324 297 301 316 313 367 584 1996 : 450 383 471 505 597 561 557 519 461 454 503 568 1997 : 325 351 368 361 352 305 269 272 272 332 385 425 1998 : 405 458 436 479 398 354 373 362 330 337 340 356 1999 : 469 322 315 439 438 412 ------------------------------------------------------------------------------- 1/ January of the following year. Peaches for Fresh Use: Monthly Prices Received, United States, May 1992 - September 1999 1/ ------------------------------------------------------------------------------ Year : May : Jun : Jul : Aug : Sep ------------------------------------------------------------------------------ : Dollars per Pound : 1992 : .220 .213 .148 .222 .220 1993 : .288 .220 .191 .190 .226 1994 : .193 .138 .177 .176 .239 1995 : .345 .205 .184 .266 .324 1996 : .347 .272 .306 .316 .363 1997 : .255 .193 .146 .238 .353 1998 : .328 .254 .280 .287 .290 1999 : .366 .270 .256 .233 .320 ------------------------------------------------------------------------------ 1/ Equivalent packinghouse-door returns for CA and WA; price at point of first sale for other states. Grapes for Fresh Use: Monthly Prices Received, United States, May 1995 - December 1999 ------------------------------------------------------------------------------ Year : May : Jun : Jul : Aug : Sep : Oct : Nov : Dec ------------------------------------------------------------------------------ : Dollars per Ton : 1995 : 1,050 580 650 650 480 560 530 680 1996 : 1,150 960 570 480 580 880 1,100 1/ 1997 : 1,060 660 480 450 550 570 840 1/ 1998 : 1/ 570 580 800 580 570 600 550 1999 : 1,300 570 580 800 580 570 600 1/ ------------------------------------------------------------------------------ 1/ Insufficient sales to establish a price. Sweet Potatoes: Marketing Year Average Prices Received, by State and United States, 1997-99 ------------------------------------------------------------------------------ State : 1997 : 1998 : 1999 1/ ------------------------------------------------------------------------------ : Dollars per Cwt : AL : 20.50 15.10 18.00 CA : 28.00 25.80 32.80 GA : 15.40 16.50 16.30 LA : 14.40 14.40 13.50 MS : 18.50 17.50 20.70 NJ : 20.40 21.50 32.00 NC : 10.80 11.00 11.60 SC : 15.40 12.50 11.80 TX : 16.20 16.40 21.50 VA : 11.60 12.30 12.70 : US : 15.80 15.30 18.00 ------------------------------------------------------------------------------ 1/ Preliminary. Limes: Marketing Year Average Prices Received, Florida, Crop Years 1998-99 and 1999-00 ------------------------------------------------------------------------------ : 1998-99 : 1999-00 State, Variety, :---------------------------------------------------------- and Utilization : F.O.B. : Equiv. : Equiv.: F.O.B. : Equiv. : Equiv. : Packed : P.H.D. :On-Tree: Packed : P.H.D. : On-Tree ------------------------------------------------------------------------------ : Dollars per box 1/ : Limes : 16.43 11.43 15.38 10.38 Fresh : 30.10 19.60 14.60 28.50 18.00 13.00 Processing : 2.00 -3.00 2.28 -2.72 ------------------------------------------------------------------------------ 1/ Net lbs. per box: 88. Limes: Average Prices and Equivalent Returns, Florida, May 1997 - March 1999 1/ ------------------------------------------------------------------------------ : : Equiv. P.H.D. : Equiv. On-Tree State, Month, :---------------------------------------------------------- and Year : F.O.B. : : : Packed : All Fresh Proc. : All Fresh Proc. ------------------------------------------------------------------------------ : Dollars per box 2/ : May 1997 : 30.50 20.00 20.00 15.00 15.00 Jun : 21.50 8.71 11.00 2.00 3.71 6.00 -3.00 Jul : 26.50 11.85 16.00 3.00 6.85 11.00 -2.00 Aug : 23.50 9.89 13.00 2.80 4.89 8.00 -2.20 Sep : 22.50 8.71 12.00 2.80 3.71 7.00 -2.20 Oct : 21.50 8.75 11.00 2.00 3.75 6.00 -3.00 Nov : 23.50 10.80 13.00 2.00 5.80 8.00 -3.00 Dec : 34.50 19.11 24.00 2.00 14.11 19.00 -3.00 Jan 1998 : 30.50 20.00 20.00 15.00 15.00 Feb : Mar : Apr : 30.00 19.50 19.50 14.50 14.50 May : 24.00 13.50 13.50 8.50 8.50 Jun : 25.00 11.96 14.50 2.00 6.96 9.50 -3.00 Jul : 23.00 9.74 12.50 2.00 4.74 7.50 -3.00 Aug : 29.00 14.02 18.50 2.00 9.02 13.50 -3.00 Sep : 26.00 11.70 15.50 2.00 6.70 10.50 -3.00 Oct : 24.00 11.05 13.50 2.00 6.05 8.50 -3.00 Nov : 24.00 12.27 13.50 2.00 7.27 8.50 -3.00 Dec : 35.00 24.50 24.50 19.50 19.50 Jan 1999 : 32.00 21.50 21.50 16.50 16.50 Feb : 54.00 43.50 43.50 38.50 38.50 Mar : 77.00 66.50 66.50 61.50 61.50 ------------------------------------------------------------------------------ 1/ Monthly limes prices not published after March 1999 to avoid disclosure of individual operations. 2/ Net lbs. per box: 88. Parity Prices Parity prices based on data for January 2000 and adjusted base price data from which parity prices are computed, are presented in the table on pages A-32 through A-35. Annual average prices for 1990 through 1999 for use in parity computations, and ten-year averages for 1989-98 and 1990-99 are shown on pages A-38 through A-47. 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 2000 this is the 1990-99 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 2000 is given below. The 120-month, January 1990-December 1999 average of prices received by farmers for corn was $2.88 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 685 (1910-14=100). Dividing $2.88 by 6.85 gives $.420 per bushel, the adjusted base price which is multiplied by 1574 percent, the Parity Index (1910-14=100), based on data for January 2000. This gives $6.61 per bushel, the parity price of corn during February 2000. 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, 2000 ----------------------------------------------------------------------------- : Adjusted : Parity Prices Commodity and Unit : Base : Based on : Prices : data for : 1/ : Jan 2000 2/ ----------------------------------------------------------------------------- : Dollars Basic Commodities : Wheat, Bu 3/ : .609 9.59 Rice, Cwt 3/ : 1.80 28.30 Corn, Bu 3/ : .420 6.61 Cotton, Lb : American Upland 3/ : .112 1.76 Extra Long Staple : .143 2.25 Peanuts, Lb : .0426 .671 Tobacco, Lb : Flue-Cured, Types 11-14 : .253 3.98 VA Fire-Cured, Type 21 : .254 4.00 KY-TN Fire-Cured, : Types 22-23 : .318 5.01 Burley, Type 31 : .270 4.25 Maryland, Type 32 : .229 3.60 Dark Air-Cured, Types 35-36 : .272 4.28 Sun-Cured, Type 37 : .231 3.64 PA SeedLeaf, Type 41 : .192 3.02 Cigar Filler & Binder, : Types 42-44, 54-55 : .212 3.34 Puerto Rican Filler, Type 46 : .173 2.72 Cigar Binder, Types 51-52 : .612 9.63 : Designated Nonbasic Commodities : Soybeans, Bu 3/ : .877 13.80 All Milk Sold to Plants, Cwt : 1.99 31.30 Honey, Wholesale, Lb : Extracted : .0901 1.420 : Wool and Mohair : Wool, Lb 3/ : .114 1.79 Mohair, Lb : .240 3.78 : Other Nonbasic Commodities : Field Crops and Misc : Barley, Bu 3/ : .375 5.90 Cottonseed, Ton : 15.60 246.00 Dry Edible Beans, Cwt : 3.11 49.00 Flaxseed, Bu : .739 11.60 All Hay, Baled, Ton : 12.40 195.00 Hops, Lb : .245 3.86 Oats, Bu 3/ : .213 3.35 Peppermint Oil, Lb : 1.91 30.10 Potatoes, Cwt : .852 13.40 Rye, Bu : .328 5.16 Sorghum Grain, Cwt 3/ : .661 10.40 Spearmint Oil, Lb : 1.80 28.30 Sweetpotatoes, Cwt : 2.07 32.60 Tobacco, Cigar Wrapper : Type 61, Lb : 2.74 43.10 : ----------------------------------------------------------------------------- See footnotes apge A-36. Adjusted Base Prices and United States Parity Prices Based on Data for January, 2000 ----------------------------------------------------------------------------- : Adjusted : Parity Prices Commodity and Unit : Base : Based on : Prices : data for : 1/ : Jan 2000 2/ ----------------------------------------------------------------------------- : Dollars Fruit, Citrus (Equiv : On-Tree) Box : Grapefruit 13/ : .517 8.14 Lemons 13/ : 1.220 19.20 Limes (FL) : 1.30 20.50 Oranges 13/ : .731 11.50 Tangerines 13/ : 1.80 28.30 Temples 13/ : .635 9.99 : Fruit, Deciduous and Other : Apples : Fresh, Lb 4/ : .0293 .461 Processing, Ton 13/ : 19.40 305.00 Apricots, Ton : Fresh : 117.00 1,840.00 Processing : Dried (CA) : 291.00 4,580.00 Excl Dried : 41.20 648.00 Avocados, Ton 13/ : 207.00 3,260.00 Cherries : Sweet, Ton : 163.00 2,570.00 Tart, Lb 13/ : .0258 .406 Cranberries, Bbl 13/ : 7.45 117.00 Dates (CA) Ton 5/ : 143.00 2,250.00 : : Discontinued Nonbasic Commodities : Field Crops and Misc 14/ : Crude Pine Gum, Bbl : 13.90 219.00 Dry Field Peas, Cwt : 1.89 29.70 Popcorn, Cwt : 1.81 28.50 Tobacco, Type 62, Lb : .858 13.50 : Fruit, Deciduous and Other 16/ : Berries, Processing, Lb : Blackberries : .0620 .976 Black Raspberries : .106 1.67 Boysenberries/Youngberries : .0879 1.380 Gooseberries : .0373 .587 Loganberries : .0603 .949 Red Raspberries : .0844 1.330 : Seed Crops, Cwt 14/ : Alfalfa : 19.30 304.00 Bentgrass : 18.90 297.00 Chewings Fescue : 10.00 157.00 Crimson Clover : 8.40 132.00 Hairy Vetch : 5.81 91.40 Ladino Clover : 24.70 389.00 Lespedeza : 8.31 131.00 Merion KY Bluegrass : 22.00 346.00 Orchardgrass : 7.16 113.00 Red Clover : 12.00 189.00 Red Fescue : 10.10 159.00 Tall Fescue : 3.67 57.80 Timothy : 6.40 101.00 ----------------------------------------------------------------------------- See footnotes on page A-36. Adjusted Base Prices and United States Parity Prices Based on Data for January, 2000 ----------------------------------------------------------------------------- : Adjusted : Parity Prices Commodity and Unit : Base : Based on : Prices : data for : 1/ : Jan 2000 2/ ----------------------------------------------------------------------------- : Dollars : Fruit, Deciduous and Other, Cont: Grapes, Ton : Raisin Varieties : Dried (CA) : 151.00 2,380.00 Excl Raisin Varieties Dried : 60.90 959.00 Kiwifruit, Ton 13/ : 72.50 1,140.00 Nectarines (CA), Ton : Fresh 5/ : 63.60 1000.00 Processing 6/ : 4.09 64.40 Olives (CA), Ton 7/ : Processing : Crushed for oil 15/ : 1.59 .00 Excl crushed : 80.30 1,260.00 Canning : 92.10 1,450.00 Papayas (HI), Fresh, Lb : .0507 .798 Peaches : Fresh, Lb 7/ : .0388 .611 Processing : Dried (CA), Ton 6/ : 115.00 1,810.00 Excluding Dried, Ton : Clingstone (CA), Ton 7/ : 31.80 501.00 Freestone, Ton 6/ : 27.40 431.00 Pears : Fresh, Ton 4/ : 52.70 829.00 Processing, Ton 6/ : Dried (CA) : 152.00 2,390.00 Excluding Dried : 29.60 466.00 Plums (CA) Equiv On-Tree : Fresh, Ton 8/ : 53.60 844.00 Processing, Ton : 2.12 33.40 Prunes, Dried (CA), Ton 13/ : 136.00 2,140.00 Prunes & Plums (EX CA) Ton : Fresh 8/ : 53.30 839.00 Processing 6/ : 23.60 371.00 Strawberries, Lb : Fresh 6/ : .0898 1.410 Processing : .0406 .639 Sugar Crops, Ton : Sugarbeets 10/ 13/ : 5.85 92.10 Sugarcane 10/ 13/ : 4.19 66.00 : Tree Nuts 11/ : Almonds, Lb : .220 3.46 Filberts, Ton : 118.00 1,860.00 Pecans, All, Ton : 286.00 4,500.00 Pistachio, All, Lb : .161 2.53 Walnuts, Ton 13/ : 182.00 2,860.00 : Vegetables, Fresh, Cwt 9/ : Asparagus : 14.70 231.00 Broccoli 12/ : 3.78 59.50 Carrots 12/ : 1.87 29.40 ----------------------------------------------------------------------------- See footnotes on page A-36. Adjusted Base Prices and United States Parity Prices Based on Data for January, 2000 ----------------------------------------------------------------------------- : Adjusted : Parity Prices Commodity and Unit : Base : Based on : Prices : data for : 1/ : Jan 2000 2/ ----------------------------------------------------------------------------- : Dollars : Cauliflower 12/ : 4.32 68.00 Celery 12/ : 1.84 29.00 Greenhouse Cucumbers : Honeydew Melons : 2.67 42.00 Lettuce : 2.19 34.50 Onions 12/ : 1.72 27.10 Sweet Corn : 2.45 38.60 Tomatoes : 4.38 68.90 : Vegetables, Processing, Ton 6/ : Asparagus : 159.00 2,500.00 Green Peas : 38.70 609.00 Snap Beans : 25.50 401.00 Sweet Corn : 10.50 165.00 Tomatoes : 9.49 149.00 : Livestock and Products : Beef Cattle, Cwt : 9.74 153.00 Calves, Cwt : 12.50 197.00 Eggs, Doz : .0952 1.50 Hogs, Cwt : 6.44 101.00 Lambs, Cwt : 10.30 162.00 Sheep, Cwt : 4.26 67.10 Turkeys, Lb : .0580 .913 : : Discontinued Nonbasic Commodities : Vegetables, Fresh, Cwt 14/ : Artichokes : 4.55 71.60 Cabbage : 1.38 21.70 Cantaloupes : 2.13 33.50 Cucumbers : 2.28 35.90 Eggplant : 2.41 37.90 Escarole : 3.10 48.80 Garlic : 2.93 46.10 Green Peppers : 3.60 56.70 Snap Beans : 4.51 71.00 Spinach : 3.95 62.20 Watermelon : .846 13.30 : Vegetables, Processing, Ton 14/ : Beets : 7.79 123.00 Cabbage : 6.01 94.60 Lima Beans : 67.00 1050.00 Spinach : 14.50 228.00 : Livestock and Products 14/ : Beeswax, Lb : .291 4.58 ----------------------------------------------------------------------------- See footnotes on page A-36. Adjusted Base Prices and United States Parity Prices Based on data for January 2000 (continued) 1/ Adjusted base price 1910-14 derived by dividing the average of 10 season average prices 1990-99, including an allowance where appropriate for unredeemed loans and other supplemental payments resulting from price support operations, by 685 percent (the 120-month, Jan 1990-Dec 1999 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 1990-Dec 1999 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 1999 marketing year average prices are not yet available for these commodities. Therefore, the adjusted base prices are brought forward from 1998, 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. 15/ Season average price for 1999 not published to avoid disclosure of individual firms. Therefore, the adjusted base price brought forward from January 1999. 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 ------------------------------------------------------------------------------- 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 plants is 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 2000 is 90.4, down from 1999. The parity price for all milk sold to plants is $31.30 per cwt. This price multiplied by 90.4 percent, results in $28.30 per cwt as the parity price equivalent for manufacturing milk of average milkfat content. In 1999, the simple average of monthly fat tests for manufacturing grade milk was 3.79 percent. The fat test ranged from a low of 3.59 in July to a high of 3.93 percent in November. Manufacturing Grade Milk: Average Price Per Cwt Received 1/, by Months, United States, January 1990-December 1999 -------------------------------------------------------------------------------- : : : : : : : : : : : : Year : Jan : Feb : Mar : Apr : May : Jun : Jul : Aug : Sep : Oct : Nov : Dec : : : : : : : : : : : : -------------------------------------------------------------------------------- : Dollars : 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 : 12.80 12.60 12.60 12.90 13.40 13.60 14.00 14.60 15.30 14.60 12.40 11.80 1997 : 12.10 12.50 12.40 11.60 10.90 10.80 10.80 11.90 12.70 13.20 13.60 13.60 1998 : 13.50 13.50 12.90 12.10 11.30 13.10 14.10 14.60 15.40 16.80 17.30 17.40 1999 : 15.30 12.30 12.30 11.90 11.50 11.90 13.20 15.20 15.20 12.60 11.00 10.70 -------------------------------------------------------------------------------- 1/ Before hauling costs are deducted and including premiums paid to farmers. 2/ Preliminary Average price January 1990 - December 1999 a. Manufacturing grade milk 12.30 b. All milk sold at wholesale to plants and dealers 13.60 c. Ratio a/b 90.4 Parity price equivalent for manufacturing grade milk - United States a. January 1999 27.33 b. December 1999 28.06 c. January 2000 28.30 Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1990-99 1/ ---------------------------------------------------------------------------- : : : : : : : : : : : : : : Commodity and Unit : 1990 : 1991 : 1992 : 1993 : 1994 : 1995 : 1996 : : : : : : : ---------------------------------------------------------------------------- Index of Prices : (1910-14=100) Received by Farmers : 660 632 626 643 634 646 712 ---------------------------------------------------------------------------- : Dollars : : Calendar Year Average Prices 3/ Basic Commodities : Corn, Bu : 2.40 2.33 2.29 2.22 2.41 2.56 3.55 Cotton, Upland, Lb : .648 .655 .532 .538 .661 .772 .741 Cotton, Long Staple, Lb : 1.060 .970 .788 .870 1.025 1.228 1.070 Tobacco, Type 32, Lb : 1.811 1.602 1.470 1.430 1.481 1.573 1.856 Wheat, Bu : 2.98 2.74 3.41 3.21 3.52 4.09 4.77 Rice, Cwt : 6.90 7.30 7.03 5.98 8.22 7.62 9.62 : Designated Nonbasic Comm : All Milk, Cwt : 13.70 12.20 13.10 12.80 13.00 12.80 14.90 : Other Nonbasic Comm : Field Crops and Misc : Barley, Bu : 2.21 2.07 2.09 1.98 2.01 2.47 3.07 Dry Beans, Cwt : 27.40 17.60 17.60 20.70 24.60 21.90 23.70 Flaxseed, Bu : 6.86 4.09 3.75 4.25 4.49 5.05 5.92 Hay, Baled, Ton : 85.30 74.70 71.90 82.30 88.90 83.20 88.90 Oats, Bu : 1.27 1.15 1.36 1.40 1.29 1.45 2.01 Rye, Bu : 2.09 2.20 2.38 2.55 2.70 2.90 3.70 Sorghum, Cwt : 3.87 3.96 3.87 3.66 3.97 4.51 5.93 Soybeans, Bu : 5.82 5.60 5.56 6.04 6.11 5.85 7.27 Sweetpotatoes, Cwt : 9.70 13.30 12.20 15.10 14.00 15.90 14.40 : Fruit : Apples, Fresh, Lb 4/ : .167 .230 .248 .183 .183 .205 .242 : Livestock and Products : Beef Cattle, Cwt : 74.80 72.90 71.30 73.40 66.50 62.20 59.30 Calves, Cwt : 96.50 99.90 89.40 95.90 87.10 74.80 58.70 Eggs, Doz : .704 .660 .564 .629 .609 .639 .760 Hogs, Cwt : 54.00 48.80 42.00 45.20 39.50 41.80 53.30 Lambs, Cwt : 56.00 52.50 60.80 64.60 64.80 78.30 88.30 Sheep, Cwt : 23.80 20.40 26.90 29.50 31.60 28.60 30.30 Turkeys, Lb : .400 .384 .377 .376 .390 .407 .411 ---------------------------------------------------------------------------- Footnotes on page A-47. -- continued Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1990-99 1/ (continued) ----------------------------------------------------------------------------- : : : : : 1990-99 Average : : : :1989-98:-------------------- Commodity and Unit : 1997 : 1998 : 1999 :Average: As :For Parity : : : : :Computed:Purposes 2/ ----------------------------------------------------------------------------- Index of Prices : (1910-14=100) Received by Farmers : 679 643 607 653 648 685 ----------------------------------------------------------------------------- : Dollars : : Calendar Year Average prices 3/ Basic Commodities : Corn, Bu : 2.60 2.20 1.89 2.50 2.44 2.88 Cotton, Upland, Lb : .679 .646 .517 .647 .639 .770 Cotton, Long Staple, Lb : 1.014 .924 .818 .992 .977 .978 Tobacco, Type 32, Lb : 1.576 1.291 1.571 Wheat, Bu : 3.71 2.90 2.58 3.52 3.39 4.17 Rice, Cwt : 10.01 9.40 7.77 7.91 7.99 12.30 : Designated Nonbasic Comm : All Milk, Cwt : 13.30 15.40 14.40 13.50 13.60 : Other Nonbasic Comm : Field Crops and Misc : Barley, Bu : 2.39 2.13 1.99 2.30 2.24 2.57 Dry Beans, Cwt : 20.90 20.40 18.00 22.40 21.30 Flaxseed, Bu : 6.11 5.72 4.38 5.36 5.06 Hay, Baled, Ton : 102.80 89.70 78.60 85.70 84.60 Oats, Bu : 1.72 1.34 1.15 1.49 1.41 1.46 Rye, Bu : 3.75 2.49 2.28 2.24 2.25 Sorghum, Cwt : 4.10 3.54 2.87 4.13 4.03 4.53 Soybeans, Bu : 7.40 5.93 4.57 6.22 6.01 6.01 Sweetpotatoes, Cwt : 15.80 15.30 18.00 14.20 14.40 : Fruit : Apples, Fresh, Lb 4/ : .194 .184 .176 .198 .201 : Livestock and Products : Beef Cattle, Cwt : 63.30 59.70 63.30 67.30 66.70 Calves, Cwt : 82.30 82.30 89.60 85.90 85.70 Eggs, Doz : .699 .657 .601 .662 .652 Hogs, Cwt : 52.00 32.50 32.20 45.20 44.10 Lambs, Cwt : 90.50 72.50 74.50 69.60 70.30 70.30 Sheep, Cwt : 38.10 31.90 30.70 28.80 29.20 Turkeys, Lb : .435 .401 .379 .396 .397 ----------------------------------------------------------------------------- Footnotes on page A-47. Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1990-99 1/ -------------------------------------------------------------------------------- : : : : : : : : : : : : Commodity and Unit : 1990 : 1991 : 1992 : 1993 : 1994 : 1995 : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices 3/ Basic Commodities : Peanuts, Lb 18/ : .347 .283 .300 .304 .289 .293 Tobacco, Lb : Types 11-14 : 1.673 1.723 1.726 1.681 1.698 1.790 Type 21 : 1.602 1.526 1.615 1.719 1.612 1.640 KY-TN Fire-Cured, : Types 22-23 : 1.952 2.134 2.173 2.194 2.092 2.172 Burley, Type 31 : 1.753 1.788 1.815 1.816 1.841 1.854 Types 35-36 : 1.863 1.840 1.694 1.715 1.685 1.762 Sun-Cured, Type 37 : 1.456 1.434 1.380 1.521 1.476 1.555 PA Seedleaf, Type 41 : 1.390 1.430 1.150 .950 1.000 1.450 Cigar Filler & Binder: Types 42-44, 54-55 : 1.500 1.550 1.487 1.432 1.450 1.450 Puerto Rican Filler, : Type 46 7/ : Types 51-52 : 2.500 2.600 2.800 3.000 3.060 3.888 : Designated Nonbasic Comm : Honey, Wholesale, Lb : Extracted 8/ : .537 .556 .550 .539 .528 .685 : Wool and Mohair 9/ : Wool, Lb : .800 .550 .740 .510 .780 1.040 Mohair, Lb : .93 1.28 .86 .82 2.56 1.84 : Other Nonbasic Comm : Field Crops and Misc : Cottonseed, Ton : 121.00 71.00 97.50 113.00 101.00 106.00 Hops, Lb : 1.480 1.680 1.740 1.760 1.810 1.710 Peppermint Oil, Lb : 13.90 13.30 12.80 13.30 14.60 13.80 Potatoes, Cwt : 6.08 4.96 5.52 6.16 5.56 6.75 Spearmint Oil, Lb : 14.90 13.90 12.80 12.30 12.50 12.30 -------------------------------------------------------------------------------- Footnotes on page A-47. -- continued Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1990-99 1/ (continued) -------------------------------------------------------------------------------- : : : : : : : : : : : 1989-98: 1990-99 Commodity and Unit : 1996 : 1997 : 1998 : 1999 : Average: Average : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices 3/ Basic Commodities : Peanuts, Lb 18/ : .281 .283 .284 .256 .294 .292 Tobacco, Lb : Types 11-14 : 1.834 1.720 1.756 1.737 1.728 1.734 Type 21 : 1.790 2.125 1.936 1.839 1.710 1.740 KY-TN Fire-Cured, : Types 22-23 : 2.245 2.256 2.225 2.311 2.143 2.175 Burley, Type 31 : 1.922 1.885 1.903 1.904 1.825 1.848 Types 35-36 : 1.952 2.017 1.955 2.105 1.818 1.859 Sun-Cured, Type 37 : 1.782 1.908 1.709 1.585 1.557 1.581 PA Seedleaf, Type 41 : 1.550 1.600 1.300 1.300 1.309 1.312 Cigar Filler & Binder: Types 42-44, 54-55 : 1.486 1.505 1.497 20/ 1.486 1.447 Puerto Rican Filler, : Type 46 7/ : Types 51-52 : 6.279 7.273 5.499 20/ 3.870 4.190 : Designated Nonbasic Comm : Honey, Wholesale, Lb : Extracted 8/ : .888 .752 .655 6/ .619 : Wool and Mohair 9/ : Wool, Lb : .700 .840 .600 6/ .780 Mohair, Lb : 1.92 2.25 2.48 6/ 1.65 : Other Nonbasic Comm : Field Crops and Misc : Cottonseed, Ton : 126.00 121.00 129.00 88.50 109.00 107.00 Hops, Lb : 1.650 1.600 1.690 1.680 1.650 1.680 Peppermint Oil, Lb : 13.60 12.90 11.90 11.10 13.30 13.10 Potatoes, Cwt : 4.91 5.64 5.56 6/ 5.85 Spearmint Oil, Lb : 12.00 11.90 11.00 9.80 12.80 12.30 -------------------------------------------------------------------------------- Footnotes on page A-47. Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1990-99 1/ -------------------------------------------------------------------------------- : : : : : : : : : : : : Commodity and Unit : 1990 : 1991 : 1992 : 1993 : 1994 : 1995 : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices 3/ Nonbasic Commodities : Tobacco, Cigar Wrapper : Type 61, Lb : 21.00 18.00 17.00 17.00 17.80 6/ : Fruit, Citrus (Equiv : On-Tree) Box 10/ : Grapefruit : 5.55 6.20 2.75 3.33 2.30 2.32 Lemons : 12.00 9.13 6.15 6.18 7.52 6.37 Limes (FL) : 13.99 9.12 1.02 12.70 8.65 8.05 Oranges : 6.79 5.52 3.88 4.40 4.23 4.79 Tangerines : 16.69 14.77 12.08 9.56 12.21 11.10 Temples : 6.31 6.51 2.99 2.73 3.47 4.44 : Fruit, Deciduous and : Other : Apples, Ton 11/ : Processing : 107.00 144.00 171.00 130.00 107.00 114.00 Apricots, Ton : Fresh 14/ :1,070.00 960.00 1,250.00 593.00 778.00 546.00 Processing 11/ : Dried (CA) :1,890.00 1,950.00 2,110.00 1,960.00 2,320.00 1,890.00 Excl Dried : 284.00 276.00 289.00 286.00 271.00 305.00 Avocados, Ton :1,320.00 1,060.00 405.00 1,780.00 1,380.00 1,300.00 Cherries : Sweet, Ton : 894.00 968.00 915.00 1,190.00 1,040.00 1,260.00 Tart, Lb : .181 .464 .176 .121 .163 .059 Cranberries, Bbl : 46.10 49.00 51.60 50.20 49.30 53.40 Dates (CA) Ton : 820.00 970.00 1,060.00 790.00 750.00 780.00 Grapes, Ton : Raisin Varieties : Dried (CA) : 903.00 963.00 911.00 937.00 923.00 980.00 Excl Raisin Var Dr : 335.00 351.00 334.00 377.00 376.00 399.00 Kiwifruit, Ton 12/ : 415.00 820.00 290.00 370.00 491.00 459.00 Nectarines, CA, Ton : Fresh 12/ 20/ : 479.00 409.00 Processing 11/ 20/ : 27.20 39.60 Olives (CA), Ton : Processing 13/ : Crushed for Oil : 10.90 10.30 10.50 10.50 11.00 11.00 Excl Crushed : 440.00 574.00 568.00 488.00 489.00 681.00 Canning 13/ : 553.00 631.00 676.00 558.00 551.00 779.00 -------------------------------------------------------------------------------- Footnotes on page A-47. -- continued Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1990-99 1/ (continued) -------------------------------------------------------------------------------- : : : : : : : : : : : 1989-98: 1990-99 Commodity and Unit : 1996 : 1997 : 1998 : 1999 : Average: Average : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices 3/ Nonbasic Commodities : Tobacco, Cigar Wrapper : Type 61, Lb : 6/ 6/ 6/ 6/ 18.80 : Fruit, Citrus (Equiv : On-Tree) Box 10/ : Grapefruit : 1.93 2.00 3.22 6/ 3.55 Lemons : 8.36 6.57 9.61 6/ 8.39 Limes (FL) : 6.93 6.90 11.43 10.38 8.71 8.92 Oranges : 4.22 4.29 5.94 6/ 5.02 Tangerines : 9.48 8.84 12.87 6/ 12.34 Temples : 3.22 3.07 5.21 6/ 4.36 : Fruit, Deciduous and : Other : Apples, Ton : Processing 11/ : 159.00 171.00 130.00 6/ 133.00 Apricots, Ton : Fresh 14/ : 900.00 1,170.00 558.00 579.00 840.00 800.00 Processing 11/ : Dried (CA) :2,090.00 2,240.00 1,810.00 1,860.00 2,010.00 1,990.00 Excl Dried : 282.00 285.00 273.00 260.00 281.00 282.00 Avocados, Ton 12/ :1,430.00 1,560.00 2,120.00 6/ 1,420.00 Cherries : Sweet, Ton :1,470.00 1,250.00 1,090.00 1,090.00 1,079.00 1,117.00 Tart, Lb : .161 .159 .145 6/ .177 Cranberries, Bbl : 65.90 63.70 38.80 6/ 51.20 Dates (CA) Ton :1,090.00 1,100.00 1,220.00 1,240.00 962.00 982.00 Grapes, Ton : Raisin Varieties : Dried (CA) :1,070.00 908.00 1,240.00 1,470.00 981.00 1,031.00 Excl Raisin Var Dr : 483.00 497.00 509.00 513.00 402.00 417.00 Kiwifruit, Ton : 470.00 518.00 744.00 6/ 498.00 Nectarines, CA, Ton : Fresh 12/ 20/ : Processing 11/ 20/ : Olives (CA), Ton : Processing 13/ : Crushed for Oil : 11.00 11.00 11.00 20/ 10.90 Excl Crushed : 643.00 665.00 481.00 468.00 552.00 550.00 Canning 13/ : 745.00 760.00 590.00 468.00 641.00 631.00 -------------------------------------------------------------------------------- Footnotes on page A-47. Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1990-99 1/ -------------------------------------------------------------------------------- : : : : : : : : : : : : Commodity and Unit : 1990 : 1991 : 1992 : 1993 : 1994 : 1995 : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices 3/ : Papayas (HI), Fresh, Lb : .250 .333 .250 .232 .243 .435 : Peaches : Fresh, Lb 14/ : .334 .269 .212 .221 .188 .260 Processing 11/ : Dried (CA), Ton : 975.00 1,080.00 893.00 713.00 856.00 894.00 Excluding Dried, Ton : Clingstone CA, Ton : 214.00 218.00 215.00 218.00 180.00 213.00 Freestone, Ton : 183.00 190.00 188.00 187.00 187.00 187.00 : Pears : Fresh, Ton 4/ : 360.00 385.00 378.00 280.00 258.00 343.00 Processing, Ton 11/ : Dried (CA) : 756.00 900.00 1,130.00 970.00 942.00 919.00 Excluding Dried : 205.00 219.00 221.00 206.00 184.00 177.00 : Plums (CA), Ton : Fresh 20/ : Processing 20/ : : Prunes,Dried, CA, Ton 11/: 873.00 940.00 1,030.00 1,120.00 1,090.00 1,040.00 : Prunes&Plums, Ex CA, Ton : Fresh 14/ : 353.00 420.00 243.00 206.00 255.00 441.00 Processing 11/ : 102.00 219.00 146.00 157.00 105.00 145.00 : Strawberries, Lb : Fresh 15/ 16/ : .553 .540 .615 .540 .602 .604 Processing : .287 .274 .247 .284 .291 .262 : Sugar Crops, Ton 17/ : Sugarbeets : 43.00 38.50 41.40 39.00 38.80 38.10 Sugarcane : 30.80 29.00 28.10 28.50 29.20 29.50 -------------------------------------------------------------------------------- Footnotes on page A-47. -- continued Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1990-99 1/ (continued) -------------------------------------------------------------------------------- : : : : : : : : : : : 1989-98: 1990-99 Commodity and Unit : 1996 : 1997 : 1998 : 1999 : Average: Average : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices 3/ : Papayas (HI), Fresh, Lb : .448 .529 .350 .401 .329 .347 : Peaches : Fresh, Lb 14/ : .331 .244 .306 .290 .265 .266 Processing 11/ : Dried (CA), Ton : 726.00 612.00 550.00 594.00 822.00 789.00 Excluding Dried, Ton : Clingstone CA, Ton : 219.00 260.00 220.00 226.00 217.00 218.00 Freestone, Ton : 181.00 194.00 188.00 192.00 186.00 188.00 : Pears : Fresh, Ton 4/ : 496.00 329.00 373.00 405.00 354.00 361.00 Processing, Ton 11/ : Dried (CA) :1,290.00 1,020.00 1,500.00 1,000.00 1,029.00 1,043.00 Excluding Dried : 223.00 213.00 197.00 182.00 207.00 203.00 : Plums (CA), Ton : Fresh 20/ : 369.00 367.00 Processing 20/ : 13.10 14.50 : Prunes,Dried, CA, Ton 11/: 839.00 883.00 764.00 6/ 936.00 : Prunes&Plums, Ex CA, Ton : Fresh 14/ : 575.00 448.00 476.00 232.00 380.00 365.00 Processing 11/ : 267.00 134.00 162.00 182.00 154.00 162.00 : Strawberries, Lb : Fresh 15/ 16/ : .565 .656 .741 .735 .596 .615 Processing : .204 .271 .319 .344 .270 .278 : Sugar Crops, Ton 17/ : Sugarbeets : 45.40 38.80 36.40 6/ 40.20 Sugarcane : 28.30 28.10 27.30 6/ 28.80 -------------------------------------------------------------------------------- Footnotes on page A-47. Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1990-99 1/ -------------------------------------------------------------------------------- : : : : : : : : : : : : Commodity and Unit : 1990 : 1991 : 1992 : 1993 : 1994 : 1995 : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices 3/ : Tree Nuts 18/ : Almonds, Lb : 1.020 .930 1.190 1.300 1.940 1.340 Filberts, Ton : 784.00 726.00 552.00 633.00 835.00 913.00 Pecans, All, Ton :2,420.00 2,080.00 2,900.00 1,172.00 2,080.00 2,020.00 Walnuts, Ton :1,040.00 1,060.00 1,410.00 1,390.00 1,030.00 1,400.00 : Vegetables,Fresh, Cwt 15/: Asparagus : 68.60 78.90 92.00 95.70 100.00 113.00 Broccoli 19/ : 22.30 22.00 23.50 26.60 27.50 29.30 Carrots 19/ : 9.37 11.20 10.80 11.70 12.90 16.70 Cauliflower 19/ : 24.20 26.80 28.10 29.90 28.20 33.20 Celery 19/ : 10.80 10.80 12.30 14.80 11.80 16.30 Honeydew Melons : 18.00 18.40 13.50 18.20 16.40 20.60 Lettuce : 11.50 11.40 12.40 16.00 13.30 23.50 Onions 19/ : 10.50 12.50 13.00 14.30 9.80 9.90 Sweet Corn : 15.00 17.00 14.40 17.80 17.20 18.30 Tomatoes : 27.30 31.70 35.80 31.50 27.40 25.50 : Vegetables, Proc. Ton 11/: Asparagus : 987.00 955.00 948.00 1,007.00 1,050.00 1,150.00 Green Peas : 249.00 261.00 239.00 251.00 254.00 267.00 Snap Beans : 183.00 176.00 173.00 178.00 166.00 173.00 Sweet Corn : 69.60 71.00 68.20 72.40 68.50 75.60 Tomatoes : 67.80 66.40 70.80 60.10 62.10 63.20 -------------------------------------------------------------------------------- Footnotes on page A-47. -- continued Prices Received by Farmers used to Calculate Parity Prices for Agricultural Commodities, United States, 1990-99 1/ (continued) -------------------------------------------------------------------------------- : : : : : : : : : : : 1989-98: 1990-99 Commodity and Unit : 1996 : 1997 : 1998 : 1999 : Average: Average : : : : : : -------------------------------------------------------------------------------- : : Dollars : : Marketing Year Average Prices 3/ : Tree Nuts 18/ : Almonds, Lb : 2.480 2.080 1.560 1.410 1.530 1.510 Filberts, Ton : 860.00 899.00 964.00 882.00 799.00 805.00 Pecans, All, Ton :1,282.00 1,548.00 2,420.00 1,686.00 1,940.00 1,960.00 Walnuts, Ton :1,580.00 1,430.00 1,050.00 6/ 1,250.00 : Vegetables,Fresh, Cwt 15/: Asparagus : 92.90 108.00 124.00 131.00 94.10 100.40 Broccoli 19/ : 27.10 28.50 29.50 22.80 25.70 25.90 Carrots 19/ : 13.40 12.90 12.00 17.00 12.10 12.80 Cauliflower 19/ : 32.90 31.60 32.80 28.00 29.40 29.60 Celery 19/ : 10.50 14.70 12.30 11.70 12.80 12.60 Honeydew Melons : 17.00 18.90 21.10 20.70 17.40 18.30 Lettuce : 14.70 17.50 16.10 13.30 14.90 15.00 Onions 19/ : 10.50 12.60 13.85 11.00 11.80 11.80 Sweet Corn : 16.90 17.70 17.20 16.80 16.80 16.80 Tomatoes : 28.10 31.70 35.20 25.90 30.70 30.00 : Vegetables, Proc. Ton 11/: Asparagus :1,210.00 1,220.00 1,200.00 1,180.00 1,068.00 1,091.00 Green Peas : 284.00 288.00 282.00 275.00 261.00 265.00 Snap Beans : 178.00 176.00 170.00 173.00 175.00 175.00 Sweet Corn : 78.50 74.90 72.40 71.10 71.80 72.20 Tomatoes : 62.30 60.70 65.30 71.10 64.80 65.00 -------------------------------------------------------------------------------- 1/ Averages used to compute "adjusted base prices". 1999 and 1990-99 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 1989-98 and 1990- 99 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 1989-98 and 1990-99 averages for parity purposes include this allowance. 10/ Consistent with legislation quoted in this report, citrus prices shown for 1998 relate to the citrus crop designated as 1998-99 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 firms. Indexes of Prices Received by Farmers, by Months and Annual Average, United States, 1996-99 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : All Farm Products : : 1910-14=100 : 1996 : 686 676 695 686 709 750 754 746 738 714 699 688 712 1997 : 683 666 685 676 686 683 678 684 680 682 682 668 679 1998 : 653 640 649 658 656 649 645 641 632 631 631 625 643 1999 : 615 610 612 608 625 619 601 624 613 578 590 585 607 : : 1990-92=100 : 1996 : 108 106 109 108 112 118 119 117 116 112 110 108 112 1997 : 107 105 108 106 108 107 107 108 107 107 107 105 107 1998 : 103 101 102 104 103 102 102 101 99 99 99 98 101 1999 : 97 96 96 96 98 97 95 98 96 91 93 92 95 : : All Crops : : 1910-14=100 : 1996 : 597 606 638 634 646 691 674 656 621 589 575 558 624 1997 : 569 558 584 572 581 587 565 575 564 566 568 550 570 1998 : 540 536 546 561 552 525 526 510 497 494 500 492 523 1999 : 481 484 486 506 514 493 467 490 469 432 438 444 475 : : 1990-92=100 : 1996 : 121 123 129 129 131 140 137 133 126 119 117 113 127 1997 : 115 113 118 116 118 119 115 117 114 115 115 111 116 1998 : 109 109 111 114 112 106 107 103 101 100 101 100 106 1999 : 97 98 98 103 104 100 95 99 95 88 89 90 96 -------------------------------------------------------------------------- 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, 1996-99 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Food Grains : : 1910-14=100 : 1996 : 501 505 512 534 584 555 504 487 467 445 437 437 497 1997 : 434 426 431 446 442 382 352 388 399 395 392 379 406 1998 : 369 372 376 361 345 306 283 269 277 318 334 321 328 1999 : 323 320 313 306 286 275 246 277 280 277 283 272 288 : : 1990-92=100 : 1996 : 158 159 161 168 184 175 159 153 147 140 137 137 157 1997 : 137 134 136 140 139 120 111 122 126 124 123 119 128 1998 : 116 117 118 114 109 96 89 85 87 100 105 101 103 1999 : 102 101 99 96 90 87 78 87 88 87 89 85 91 : : Feed Grains and Hay : : 1910-14=100 : 1996 : 474 502 520 568 605 593 607 593 525 444 415 411 521 1997 : 421 423 440 452 442 422 401 407 405 402 399 399 418 1998 : 402 405 405 388 380 373 361 325 308 304 309 317 356 1999 : 324 327 328 328 332 325 299 302 289 270 274 291 307 : : 1990-92=100 : 1996 : 133 140 146 159 169 166 170 166 147 124 116 115 146 1997 : 118 118 123 127 124 118 112 114 113 112 112 112 117 1998 : 113 113 113 109 106 104 101 91 86 85 86 89 100 1999 : 91 91 92 92 93 91 84 85 81 76 77 81 86 -------------------------------------------------------------------------- 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, 1996-99 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Cotton : : 1910-14=100 : 1996 : 646 640 649 667 648 650 622 608 605 604 589 586 626 1997 : 574 576 586 571 577 567 571 566 588 587 574 539 573 1998 : 516 528 540 538 537 589 575 558 560 557 546 512 546 1999 : 491 470 466 470 465 462 455 448 391 388 378 363 437 : : 1990-92=100 : 1996 : 126 125 127 130 127 127 121 119 118 118 115 114 122 1997 : 112 112 114 112 113 111 111 111 115 115 112 105 112 1998 : 101 103 105 105 105 115 112 109 109 109 107 100 107 1999 : 96 92 91 92 91 90 89 87 76 76 74 71 85 : : Tobacco 2/ : : 1910-14=100 : 1996 : 1652 1791 1517 1396 1391 1517 1643 1661 1674 1674 1592 1997 : 1678 1661 1678 1374 1387 1526 1552 1604 1670 1570 1998 : 1670 1665 1574 1474 1417 1413 1561 1622 1657 1665 1572 1999 : 1678 1709 1574 1309 1426 1522 1574 1587 1657 1560 : : 1990-92=100 : 1996 : 109 118 100 92 92 100 109 110 111 111 105 1997 : 111 110 111 91 92 101 103 106 110 104 1998 : 110 110 104 97 94 93 103 107 109 110 104 1999 : 111 113 104 86 94 101 104 105 109 103 -------------------------------------------------------------------------- 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, 1996-99 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Oil-Bearing Crops : : 1910-14=100 : 1996 : 659 682 683 725 750 726 744 755 686 649 656 680 700 1997 : 695 719 775 801 817 792 731 700 620 615 655 656 715 1998 : 652 642 626 613 614 609 606 538 526 517 555 558 588 1999 : 526 480 454 454 441 437 411 429 455 440 446 447 452 : : 1990-92=100 : 1996 : 120 125 125 132 137 133 136 138 125 119 120 124 128 1997 : 127 131 142 146 149 145 134 128 113 112 120 120 131 1998 : 119 117 114 112 112 111 111 98 96 95 101 102 107 1999 : 96 88 83 83 81 80 75 78 83 80 82 82 83 : : Fruit and Nuts : : 1910-14=100 : 1996 : 660 666 729 700 798 933 910 912 1006 979 873 718 824 1997 : 647 627 674 617 740 887 886 878 913 844 760 642 760 1998 : 564 605 657 699 769 841 915 954 908 890 793 665 772 1999 : 648 672 697 739 830 891 913 953 901 899 803 636 799 : : 1990-92=100 : 1996 : 95 95 104 100 114 134 130 131 144 140 125 103 118 1997 : 93 90 97 88 106 127 127 126 131 121 109 92 109 1998 : 81 87 94 100 110 120 131 137 130 127 114 95 111 1999 : 93 96 100 106 119 128 131 137 129 129 115 91 115 -------------------------------------------------------------------------- 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, 1996-99 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Commercial Vegetables : : 1910-14=100 : 1996 : 631 742 986 818 691 774 661 775 679 727 747 643 740 1997 : 753 717 813 767 743 785 761 836 796 985 951 907 818 1998 : 801 749 804 981 841 704 792 744 743 883 752 746 795 1999 : 718 769 777 856 814 744 685 698 698 639 646 773 735 : : 1990-92=100 : 1996 : 94 111 147 122 103 116 99 116 102 109 112 96 111 1997 : 113 107 122 115 111 118 114 125 119 147 142 136 122 1998 : 120 112 120 147 126 105 119 111 111 132 113 112 119 1999 : 107 115 116 128 122 111 103 105 104 96 97 116 110 : : Potatoes and Dry Beans : : 1910-14=100 : 1996 : 564 589 633 668 696 707 700 521 482 461 452 434 576 1997 : 426 431 433 433 477 431 499 544 440 433 457 477 457 1998 : 491 524 554 546 559 539 517 481 449 415 450 475 500 1999 : 477 487 497 519 545 560 609 540 455 428 474 478 506 : : 1990-92=100 : 1996 : 111 116 125 132 138 140 138 103 95 91 89 86 114 1997 : 84 85 86 85 94 85 99 107 87 85 90 94 90 1998 : 97 104 109 108 111 106 102 95 89 82 89 94 99 1999 : 94 96 98 103 108 111 120 107 90 85 94 94 100 -------------------------------------------------------------------------- 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, 1996-99 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Other Crops : : 1910-14=100 : 1996 : 532 532 532 532 532 532 532 532 532 532 532 532 532 1997 : 532 532 532 532 532 532 532 532 532 532 532 532 532 1998 : 532 532 532 532 532 532 532 532 532 532 532 532 532 1999 : 532 532 532 532 532 532 532 532 532 532 532 532 532 : : 1990-92=100 : 1996 : 108 108 108 108 108 108 108 108 108 108 108 108 108 1997 : 108 108 108 108 108 108 108 108 108 108 108 108 108 1998 : 108 108 108 108 108 108 108 108 108 108 108 108 108 1999 : 108 108 108 108 108 108 108 108 108 108 108 108 108 : : Food Commodities : : 1990-92=100 : 1996 : 102 101 105 102 106 113 113 113 113 111 109 106 108 1997 : 105 102 106 104 106 106 106 108 106 106 106 103 105 1998 : 100 98 100 103 102 101 101 102 100 101 100 98 101 1999 : 97 95 96 95 98 97 95 100 98 93 96 94 96 -------------------------------------------------------------------------- 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, 1996-99 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Livestock and Products : : 1910-14=100 : 1996 : 718 717 719 713 741 765 786 794 809 790 786 789 761 1997 : 753 751 761 761 766 747 763 761 756 741 753 748 755 1998 : 726 720 728 731 734 754 740 756 751 753 743 741 740 1999 : 738 721 725 690 716 728 724 746 753 736 751 726 730 : : 1990-92=100 : 1996 : 94 93 94 93 97 100 102 104 105 103 102 103 99 1997 : 98 98 99 99 100 97 99 99 99 97 98 98 98 1998 : 95 94 95 95 96 98 96 99 98 98 97 97 97 1999 : 96 94 95 90 93 95 94 97 98 96 98 95 95 : : Meat Animals : : 1910-14=100 : 1996 : 832 839 841 820 853 869 907 923 936 920 918 920 882 1997 : 913 918 937 956 982 952 963 952 935 910 899 881 933 1998 : 851 831 834 856 888 873 808 792 745 765 728 674 804 1999 : 763 787 801 822 848 852 826 865 852 886 884 891 840 : : 1990-92=100 : 1996 : 82 82 83 81 84 85 89 91 92 91 90 90 87 1997 : 90 90 92 94 97 94 95 94 92 89 88 87 92 1998 : 84 82 82 84 87 86 80 78 73 75 72 66 79 1999 : 75 77 79 81 83 84 81 85 84 87 87 88 83 -------------------------------------------------------------------------- 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, 1996-99 -------------------------------------------------------------------------- : : : : : : : : : : : : : Year : Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------- : : Dairy Products : : 1910-14=100 : 1996 : 866 854 848 854 879 910 946 977 1014 1008 934 879 914 1997 : 830 823 836 811 780 750 744 780 805 866 903 910 820 1998 : 903 910 891 860 817 866 873 953 1032 1094 1094 1112 950 1999 : 1069 953 922 774 787 805 842 922 971 922 879 750 883 : : 1990-92=100 : 1996 : 108 106 106 106 109 113 118 122 126 126 116 109 114 1997 : 103 103 104 101 97 93 93 97 100 108 113 113 102 1998 : 113 113 111 107 102 108 109 119 129 136 136 139 119 1999 : 133 119 115 96 98 100 105 115 121 115 109 93 110 : : Poultry and Eggs : : 1910-14=100 : 1996 : 329 318 315 315 326 344 343 345 346 341 355 361 337 1997 : 335 325 318 313 314 313 333 330 325 303 314 301 319 1998 : 299 292 305 305 304 326 346 369 361 353 348 336 329 1999 : 321 307 307 292 309 317 317 308 309 287 321 311 309 : : 1990-92=100 : 1996 : 117 113 112 112 116 122 122 123 123 121 126 128 120 1997 : 119 116 113 111 112 111 118 117 116 108 112 107 113 1998 : 106 104 108 109 108 116 123 131 128 126 124 119 117 1999 : 114 109 109 104 110 113 113 110 110 102 114 110 110 -------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Reliability of Prices Received Estimates Definition: Prices received represent sales from producers to first buyers. They include all grades and qualities. The average commodity price from the survey multiplied by the total quantity marketed theoretically should give the total cash receipts for the commodity. Survey Procedures: Primary sales data used to determine grain prices were obtained from probability samples of 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". Reliability: U.S. price estimates based on probability surveys generally have a sampling error of less than one percent for the major commodities such as corn, wheat, soybeans, cotton, and rice. Current methods of summarization for non-probability commodities are not designed directly to calculate sampling errors. However, analytical measures approximate the U.S. relative sampling errors at around five percent. Any nonsampling errors are attributed to such things as the inability to obtain correct information, differences in interpreting questions or definitions, mistakes in coding or processing the data, etc. Efforts are made at each step in the survey process to minimize these nonsampling errors. Prices Paid by Farmers The January Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) was 118 (1990-92=100), the same as December 1999 but 2.6 percent above January 1999. Production Index: The January farm production, goods, and services index, at 115, was unchanged from last month but 3.6 percent above last year. Lower prices in January for feed concentrates, potash and phosphate materials, and insecticides offset higher prices for feed grains, complete feeds, feeder pigs, and feed supplements. Feed: The feed index, at 103, was 2.0 percent higher than December but 1.0 percent below last January. Since December, higher prices for feed grains, complete feeds, feed supplements, and hay and forages more than offset lower prices for feed concentrates. Livestock and Poultry: The index for livestock and poultry purchases, at 111, was 0.9 percent higher than last month and 23 percent above last year. January prices were higher for both feeder pigs and feeder cattle. The January feeder cattle price at, $92.20 per cwt, was up 30 cents per cwt from the December price. Fertilizer: The fertilizer index, at 105, was unchanged from December but 1.9 percent less than January a year ago. Since December, slightly lower prices for potash and phosphate materials offset slightly higher prices for nitrogen materials and mixed fertilizers. Agricultural Chemicals: The chemical index, at 123, was unchanged from last month but 0.8 percent above last January. Slightly lower prices in January for insecticides offset slightly higher prices for herbicides. Fuels: The fuels index, at 127, was up 2.4 percent from a month earlier and 84 percent above January 1999. Compared to last month, prices were higher for diesel fuel and gasoline. Farm Machinery: The January farm machinery index was 133, unchanged from December but 0.7 percent below last January. Since December, prices were slightly higher for self-propelled machinery. Consumer Price Index: The Consumer Price Index for all urban consumers (CPI-U) was unchanged in December, before seasonal adjustment, remaining at a level of 168.3(1982-84=100). For the 12-month period ending in December, the overall index has increased 2.7 percent. Index Numbers of Prices Paid by Farmers and Related Parity Ratios United States, January 2000 With Comparisons -------------------------------------------------------------------------------- : 1910-14 = 100 : 1990-92 = 100 Indexes :---------------------------------------------- and : 1999 : 2000 : 1999 : 2000 Ratios :---------------------------------------------- : Jan : Dec : Jan : Jan : Dec : Jan -------------------------------------------------------------------------------- Prices Paid by Farmers for : Commodities & Services, : Interest, Taxes, & Wage : Rates (PPITW) : 1526 *1566 1574 115 *118 118 Production : 1075 *1112 1118 111 *115 115 Feed : 509 *494 501 104 *101 103 Livestock and Poultry : 1155 1405 1420 90 110 111 Seeds : 1216 1196 1196 123 121 121 Fertilizer : 390 *384 384 107 *105 105 Agricultural Chemicals : 756 *763 763 122 *123 123 Fuels : 533 *958 977 69 *124 127 Supplies & Repairs : 857 865 865 121 122 122 Autos & Trucks : 3182 *3188 3196 120 120 120 Farm Machinery : 3360 *3328 3331 134 133 133 Building Material : 1606 *1636 1641 118 120 121 Farm Services & Rent : 1376 *1382 1382 Farm Services : 114 115 115 Rent : 117 117 117 Interest 1/ : 2640 *2640 2701 105 *105 108 Taxes 2/ : 3214 3214 3281 120 120 123 Wage Rates : 5130 5059 5059 137 135 135 Production, Interest, Taxes, : & Wage Rates (PITW) : 1518 *1559 1568 113 116 117 Family Living-CPI 3/ : 1560 1598 1598 122 125 125 -------------------------------------------------------------------------------- Ratio (Received\Paid) : 84 78 76 Parity Ratio 4/ : 40 37 36 Parity Ratio Adjusted 5/ : 45 *42 40 PPITW Adjusted for : Productivity 6/ : 1048 *1057 1063 -------------------------------------------------------------------------------- Crop Sector (PPITW) : 118 120 120 Livestock Sector (PPITW) : 112 115 116 -------------------------------------------------------------------------------- Farm Sector (Production) : 102 *107 108 Non-Farm Sector (Production) : 115 118 119 -------------------------------------------------------------------------------- * 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 1.091 for 2000 and the revised factor is 1.118 for 1999. 6/ PPITW is adjusted based on productivity trend for the prior 15 years. Prices Paid Indexes and Annual Weights for Input Components and Sub-Components United States, January 2000 With Comparisons -------------------------------------------------------------------------------- : : Input Indexes : Relative Weights :--------------------------- Index :5-Year Moving Average 1/ : 1999 : 2000 :----------------------------------------------------- : 1999 : 2000 : Jan : Dec : Jan -------------------------------------------------------------------------------- : ---- Percent ---- ---- (1990-92=100) --- : Production Items : 67.4 67.3 111 *115 115 : Feed : 11.6 11.7 104 *101 103 Feed Grains : 1.7 1.7 87 *77 81 Complete Feeds : 5.7 5.7 109 *106 108 Hay/Forages : 1.5 1.5 104 95 96 Concentrates : 1.8 1.8 100 *101 98 Supplements : 1.0 1.0 115 *122 129 Livestock & Poultry : 7.2 6.8 90 110 111 Feeder Cattle : 5.6 5.3 89 109 109 Feeder Pigs : 0.6 0.5 66 111 126 Milk Cow Replacements : 0.6 0.6 111 122 118 Poultry : 0.4 0.4 110 110 110 Seeds : 2.8 2.9 123 121 121 Field Crops : 2.6 2.7 123 121 121 Grasses/Legumes : 0.3 0.3 123 121 121 Fertilizer : 4.9 4.9 107 *105 105 Mixed Fertilizer : 2.1 2.2 115 *112 112 Nitrogen : 2.0 2.1 94 *97 98 Potash & Phosphate : 0.7 0.7 116 *106 104 Agricultural Chemicals : 3.8 3.9 122 *123 123 Herbicides : 2.4 2.5 116 *119 119 Insecticides : 0.9 0.9 140 *139 137 Fungicides/Other : 0.5 0.6 120 121 121 Fuels : 2.7 2.6 69 *124 127 Diesel : 1.5 1.5 64 *117 121 Gasoline : 0.8 0.8 71 *113 114 LP Gas : 0.4 0.4 80 *176 176 Farm Supplies & Repairs : 5.6 5.6 121 122 122 Supplies : 1.9 1.9 117 118 118 Repairs : 3.7 3.7 123 124 124 Autos & Trucks : 1.4 1.6 120 120 120 Autos : 0.2 0.2 113 112 113 Trucks : 1.3 1.4 121 121 121 Farm Machinery : 4.0 4.0 134 133 133 Tractors : 0.9 0.9 132 132 132 Self-Propelled : 1.6 1.6 133 129 130 Other Machinery : 1.5 1.5 136 *136 136 Building Materials : 2.8 2.8 118 120 121 Farm Services : 12.4 12.4 114 115 115 Custom Rates : 1.3 1.3 115 115 115 Other Services : 11.1 11.2 114 115 115 Rent : 8.2 8.1 117 117 117 Cash : 3.7 4.0 135 135 135 Share : 4.5 4.2 103 103 103 Interest : 4.9 4.2 105 *105 108 Taxes : 3.1 3.1 120 120 123 Wage Rates : 6.9 7.0 137 135 135 Family Living-CPI : 17.7 17.7 122 125 125 -------------------------------------------------------------------------------- 1/ Weights may not add due to rounding. * Revised. Feed Price Ratios: United States, January 2000 with Comparisons -------------------------------------------------------------------------------- : 1999 : 2000 Feed Price Ratio 1/ :----------------------------- : Jan : Dec : Jan -------------------------------------------------------------------------------- : Broiler-Feed: Pounds of Broiler Grower Feed : equal in value to 1 pound of broiler, live weight : 6.5 *7.4 6.8 : Market Egg Feed: Pounds of Laying Feed equal in : Value to 1 dozen eggs : 11.7 *10.1 8.9 : Hog-Corn: Bushels of Corn equal in value to : 100 pounds of hog, live weight : 12.8 *19.6 19.1 : Milk-Feed: Pounds of 16% Mixed Dairy Feed equal : in value to 1 pound of Whole Milk : 4.09 *3.25 3.08 : Steer & Heifer-Corn: Bushels of Corn equal : in value to 100 pounds of Steer & Heifers, : 30.2 *38.9 37.2 live weight : : Turkey-Feed: Pounds of Turkey Grower equal in : value to 1 pound of Turkey, live weight : 6.5 *9.2 7.7 -------------------------------------------------------------------------------- 1/ Effective April 1996, 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, December 2000 with Comparisons -------------------------------------------------------------------------------- : : 1999 : 2000 Commodity : Unit :------------------------------------------- : : Jan : Dec : Jan -------------------------------------------------------------------------------- Broilers, Live : Lb : 0.379 0.368 0.350 Eggs, Market : Doz : 0.582 0.433 0.397 : : Hogs, All : Cwt : 26.30 *35.60 36.30 Milk, All : Cwt : 17.40 *12.20 11.90 : : Steers and Heifers : Cwt : 62.20 70.80 70.70 Turkeys, Live : Lb : 0.348 0.422 0.364 : : Corn : Bu : 2.06 *1.82 1.90 Hay, Alfalfa, Baled : Ton : 81.40 *73.20 74.10 : : Soybeans : Bu : 5.32 *4.44 4.59 Wheat, All : Bu : 2.84 *2.52 2.52 -------------------------------------------------------------------------------- * Revised. Feeder Livestock: Prices Paid, United States December 2000 with Comparisons -------------------------------------------------------------------------------- : : 1999 : 2000 Commodity : Unit :------------------------------------------- : : Jan : Dec : Jan -------------------------------------------------------------------------------- : : Dollars : : Feeders and Stockers : : Cattle and Calves : Cwt : 75.50 91.90 92.20 -------------------------------------------------------------------------------- Grazing Fee Rates for Cattle by Selected States and Regions -------------------------------------------------------------------------------- : Survey Average Rates 1/ :-------------------------------------------------------------- State : Animal Unit 2/ : Cow-Calf : Per Head :-------------------------------------------------------------- : 1998 : 1999 : 1998 : 1999 : 1998 : 1999 -------------------------------------------------------------------------------- : Dollars per Month : AZ : 6.70 7.40 9.50 9.75 8.30 8.00 : CA : 11.50 12.10 14.50 15.00 12.90 12.50 : CO : 11.80 12.00 13.90 14.20 11.50 10.90 : ID : 10.80 11.10 12.80 13.00 11.50 11.80 : KS : 12.90 11.50 14.80 13.00 11.90 11.50 : MT : 12.60 13.20 14.30 15.00 13.30 14.00 : NE : 19.00 19.00 23.00 23.00 19.00 19.70 : NV : 9.10 9.00 12.00 11.50 9.70 10.00 : NM : 8.80 8.80 9.75 10.10 9.70 10.00 : ND : 10.20 10.30 11.40 11.10 11.10 10.70 : OK : 9.00 8.00 9.50 9.00 8.00 7.50 : OR : 11.10 11.10 12.80 12.30 11.40 11.60 : SD : 14.20 14.70 16.50 17.20 14.80 14.90 : TX : 9.00 8.00 9.50 8.75 9.00 8.50 : UT : 10.00 10.00 11.30 12.10 11.10 11.10 : WA : 10.00 10.00 10.50 11.30 10.50 11.20 : WY : 11.90 11.70 13.80 13.50 12.30 12.00 : 17-State 3/ : 11.40 11.10 13.00 12.80 11.60 11.50 : 16-State 4/ : 12.30 12.30 14.30 14.30 12.50 12.60 : 11-State 5/ : 11.10 11.40 13.00 13.30 11.80 11.90 : 9-State 6/ : 11.50 11.00 13.00 12.60 11.40 11.20 -------------------------------------------------------------------------------- 1/ The average rates are estimates (rates over $10.00 are rounded to the nearest dime) based on survey indications of monthly lease rates for private, non-irrigated grazing land from the January Agricultural Survey. 2/ Includes animal unit plus cow-calf rates. Cow-calf rate converted to animal unit (AUM) using (1 aum=cow-calf *0.833). 3/ Seventeen State: All States. 4/ Sixteen State: All States except Texas. 5/ Eleven State: AZ, CA, CO, ID, MT, NV, NM, OR, UT, WA, WY. 6/ Nine State: CO, KS, NE, NM, ND, OK, SD, TX, WY. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Commodities and Services, Interest, Taxes, and Wage Rates : (PPITW) : : 1910-14 = 100 : 1996 :1507 1508 1515 1528 1539 1538 1540 1543 1545 1538 1535 1537 1531 1997 :1558 1563 1570 1576 1582 1577 1571 1573 1580 1578 1581 1580 1574 1998 :1561 1558 1549 1544 1541 1535 1528 1519 1506 1515 1517 1512 1532 1999 :1526 1525 1525 1533 1530 1534 1529 1533 1540 1552 1557 1566 1537 2000 :1574 1574 : : 1990-92 = 100 : 1996 : 113 113 114 115 116 115 116 116 116 115 115 115 115 1997 : 117 117 118 118 119 118 118 118 119 118 119 119 118 1998 : 117 117 116 116 116 115 115 114 113 114 114 114 115 1999 : 115 115 115 115 115 115 115 115 116 117 117 118 115 2000 : 118 118 : : Items Used for Production, Interest, Taxes, and Wage Rates : (PITW) : : 1910-14 = 100 : 1996 :1516 1516 1524 1537 1551 1549 1552 1554 1556 1546 1541 1544 1540 1997 :1568 1574 1581 1588 1596 1589 1582 1583 1591 1587 1592 1590 1585 1998 :1567 1563 1550 1544 1540 1532 1523 1512 1496 1506 1508 1503 1528 1999 :1518 1517 1516 1523 1520 1524 1517 1521 1528 1542 1548 1559 1528 2000 :1568 1568 : : 1990-92 = 100 : 1996 : 113 113 113 114 115 115 115 116 116 115 115 115 115 1997 : 117 117 118 118 119 118 118 118 118 118 118 118 118 1998 : 117 116 115 115 115 114 113 113 111 112 112 112 114 1999 : 113 113 113 113 113 113 113 113 114 115 115 116 114 2000 : 117 117 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Items Used for Production : : 1910-14 = 100 : 1996 :1094 1095 1102 1116 1128 1127 1132 1135 1136 1120 1116 1118 1118 1997 :1135 1140 1146 1155 1162 1156 1152 1153 1161 1150 1154 1152 1151 1998 :1125 1121 1110 1107 1103 1096 1092 1082 1068 1071 1073 1068 1093 1999 :1075 1074 1072 1081 1078 1082 1080 1084 1090 1098 1103 1112 1086 2000 :1118 1118 : : 1990-92 = 100 : 1996 : 113 113 114 115 116 116 117 117 117 115 115 115 115 1997 : 117 117 118 119 120 119 119 119 120 118 119 119 119 1998 : 116 116 114 114 114 113 113 112 110 110 111 110 113 1999 : 111 111 111 111 111 111 111 112 112 113 114 115 112 2000 : 115 115 : : Feed : : 1910-14 = 100 : 1996 : 593 599 609 638 673 670 683 678 660 604 583 584 631 1997 : 587 592 617 625 637 620 599 605 625 602 616 621 612 1998 : 599 594 577 556 545 537 545 521 498 488 503 505 539 1999 : 509 503 491 498 497 491 479 482 483 487 488 494 492 2000 : 501 501 : : 1990-92 = 100 : 1996 : 121 123 125 131 138 137 140 139 135 124 119 120 129 1997 : 120 121 126 128 130 127 123 124 128 123 126 127 125 1998 : 123 122 118 114 112 110 112 107 102 100 103 104 110 1999 : 104 103 101 102 102 101 98 99 99 100 100 101 101 2000 : 103 103 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Livestock and Poultry : : 1910-14 = 100 : 1996 : 939 929 917 877 889 930 956 990 1019 1009 1044 1047 962 1997 :1092 1136 1144 1205 1226 1220 1282 1242 1231 1209 1198 1218 1200 1998 :1199 1209 1169 1202 1172 1124 1062 1067 1019 1094 1100 1092 1126 1999 :1155 1200 1178 1181 1143 1186 1178 1157 1204 1289 1339 1405 1218 2000 :1420 1420 : : 1990-92 = 100 : 1996 : 73 73 72 69 70 73 75 77 80 79 82 82 75 1997 : 85 89 89 94 96 95 100 97 96 95 94 95 94 1998 : 94 95 91 94 92 88 83 83 80 86 86 85 88 1999 : 90 94 92 92 89 93 92 91 94 101 105 110 95 2000 : 111 111 : : Seeds : : 1910-14 = 100 : 1996 :1087 1087 1087 1161 1161 1161 1161 1161 1161 1161 1161 1161 1142 1997 :1161 1161 1161 1186 1186 1186 1186 1186 1186 1186 1186 1186 1179 1998 :1186 1186 1186 1216 1216 1216 1216 1216 1216 1216 1216 1216 1208 1999 :1216 1216 1216 1196 1196 1196 1196 1196 1196 1196 1196 1196 1201 2000 :1196 1196 : : 1990-92 = 100 : 1996 : 110 110 110 117 117 117 117 117 117 117 117 117 115 1997 : 117 117 117 120 120 120 120 120 120 120 120 120 119 1998 : 120 120 120 123 123 123 123 123 123 123 123 123 122 1999 : 123 123 123 121 121 121 121 121 121 121 121 121 121 2000 : 121 121 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Fertilizer : : 1910-14 = 100 : 1996 : 466 471 478 476 468 457 444 440 441 448 449 455 458 1997 : 455 457 457 455 453 446 439 438 437 432 429 423 443 1998 : 426 422 423 416 420 419 415 410 403 401 396 390 412 1999 : 390 390 393 394 390 387 381 381 381 386 383 384 387 2000 : 384 384 : : 1990-92 = 100 : 1996 : 127 128 130 130 128 125 121 120 120 122 123 124 125 1997 : 124 125 125 124 124 122 120 120 119 118 117 115 121 1998 : 116 115 115 114 115 114 113 112 110 109 108 107 112 1999 : 107 106 107 107 106 105 104 104 104 105 104 105 105 2000 : 105 105 : : Agricultural Chemicals : : 1910-14 = 100 : 1996 : 734 736 738 736 731 731 726 733 743 741 741 742 736 1997 : 744 730 732 740 746 745 743 743 749 754 759 760 745 1998 : 763 760 760 755 756 759 756 764 743 753 752 754 756 1999 : 756 740 751 751 743 750 745 755 765 769 763 763 754 2000 : 763 763 : : 1990-92 = 100 : 1996 : 119 119 119 119 118 118 117 119 120 120 120 120 119 1997 : 120 118 118 120 121 120 120 120 121 122 123 123 121 1998 : 123 123 123 122 122 123 122 124 120 122 122 122 122 1999 : 122 120 121 121 120 121 121 122 124 124 123 123 122 2000 : 123 123 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Fuels : : 1910-14 = 100 : 1996 : 693 670 708 813 821 752 757 766 832 880 884 896 789 1997 : 887 870 808 799 785 775 750 809 825 840 848 790 816 1998 : 740 708 664 685 706 660 636 612 630 627 609 530 651 1999 : 533 511 559 677 705 705 769 853 898 882 929 958 748 2000 : 977 977 : : 1990-92 = 100 : 1996 : 90 87 92 105 106 97 98 99 108 114 115 116 102 1997 : 115 113 105 104 102 100 97 105 107 109 110 102 106 1998 : 96 92 86 89 91 85 82 79 82 81 79 69 84 1999 : 69 66 72 88 91 91 100 111 116 114 120 124 97 2000 : 127 127 : : Farm Supplies and Repairs : : 1910-14 = 100 : 1996 : 810 811 813 817 814 815 814 817 817 819 820 820 816 1997 : 825 829 831 834 837 836 839 837 838 837 839 838 835 1998 : 838 839 840 845 844 846 848 848 851 855 851 850 846 1999 : 857 854 858 860 859 860 864 862 861 861 865 865 860 2000 : 865 865 : : 1990-92 = 100 : 1996 : 114 114 115 115 115 115 115 115 115 115 116 116 115 1997 : 116 117 117 117 118 118 118 118 118 118 118 118 118 1998 : 118 118 118 119 119 119 119 120 120 120 120 120 119 1999 : 121 120 121 121 121 121 122 121 121 121 122 122 121 2000 : 122 122 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Autos and Trucks : : 1910-14 = 100 : 1996 :3114 3118 3111 3120 3119 3120 3115 3109 3117 3135 3166 3166 3126 1997 :3176 3188 3186 3180 3164 3154 3148 3135 3134 3152 3158 3160 3161 1998 :3169 3170 3170 3171 3147 3125 3133 3138 3133 3133 3160 3173 3152 1999 :3182 3177 3168 3171 3164 3163 3154 3142 3144 3160 3179 3188 3166 2000 :3196 3196 : : 1990-92 = 100 : 1996 : 117 117 117 117 117 117 117 117 117 118 119 119 118 1997 : 119 120 120 120 119 119 118 118 118 119 119 119 119 1998 : 119 119 119 119 118 118 118 118 118 118 119 119 119 1999 : 120 119 119 119 119 119 119 118 118 119 120 120 119 2000 : 120 120 : : Farm Machinery : : 1910-14 = 100 : 1996 :3092 3096 3100 3111 3113 3114 3129 3135 3142 3161 3169 3176 3128 1997 :3181 3185 3188 3196 3202 3205 3207 3214 3221 3260 3263 3269 3216 1998 :3274 3279 3288 3300 3303 3309 3311 3316 3321 3354 3350 3352 3313 1999 :3360 3363 3366 3377 3379 3378 3378 3378 3316 3320 3324 3328 3356 2000 :3331 3331 : : 1990-92 = 100 : 1996 : 123 123 124 124 124 124 125 125 125 126 126 127 125 1997 : 127 127 127 127 128 128 128 128 128 130 130 130 128 1998 : 131 131 131 132 132 132 132 132 132 134 134 134 132 1999 : 134 134 134 135 135 135 135 135 132 132 133 133 134 2000 : 133 133 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Building Materials : : 1910-14 = 100 : 1996 :1551 1552 1554 1558 1569 1574 1571 1575 1583 1577 1584 1582 1569 1997 :1585 1593 1598 1605 1609 1607 1609 1608 1605 1600 1602 1600 1602 1998 :1599 1600 1604 1607 1606 1604 1609 1611 1610 1604 1602 1602 1605 1999 :1606 1610 1616 1618 1623 1634 1645 1644 1636 1631 1632 1636 1628 2000 :1641 1641 : : 1990-92 = 100 : 1996 : 114 114 114 115 115 116 116 116 116 116 117 116 115 1997 : 117 117 118 118 118 118 118 118 118 118 118 118 118 1998 : 118 118 118 118 118 118 118 119 119 118 118 118 118 1999 : 118 119 119 119 119 120 121 121 120 120 120 120 120 2000 : 121 121 : : Farm Services and Rent 2/ : : 1910-14 = 100 : 1996 :1441 1439 1440 1438 1438 1444 1449 1449 1449 1442 1438 1437 1442 1997 :1473 1473 1474 1472 1474 1484 1485 1483 1485 1475 1474 1471 1477 1998 :1394 1391 1391 1391 1393 1402 1402 1400 1397 1392 1387 1386 1394 1999 :1376 1376 1377 1377 1379 1386 1388 1386 1389 1385 1382 1382 1382 2000 :1382 1382 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. 2/ For the 1990-92=100 period, the Farm Services and Rent Index is separated. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Farm Services : : 1990-92 = 100 : 1996 : 116 115 115 115 115 116 117 117 117 116 115 115 116 1997 : 116 116 116 115 116 117 117 117 117 116 116 115 116 1998 : 115 115 115 115 115 116 116 116 116 115 114 114 115 1999 : 114 114 114 114 115 116 116 116 116 116 115 115 115 2000 : 115 115 : : Rent : : 1990-92 = 100 : 1996 : 128 128 128 128 128 128 128 128 128 128 128 128 128 1997 : 136 136 136 136 136 136 136 136 136 136 136 136 136 1998 : 120 120 120 120 120 120 120 120 120 120 120 120 120 1999 : 117 117 117 117 117 117 117 117 117 117 117 117 117 2000 : 117 117 : : Interest : : 1910-14 = 100 : 1996 :2652 2652 2652 2652 2652 2652 2652 2652 2652 2652 2652 2652 2652 1997 :2621 2621 2621 2621 2621 2621 2621 2621 2621 2621 2621 2621 2621 1998 :2617 2617 2617 2617 2617 2617 2617 2617 2617 2617 2617 2617 2617 1999 :2640 2640 2640 2640 2640 2640 2640 2640 2640 2640 2640 2640 2640 2000 :2701 2701 : : 1990-92 = 100 : 1996 : 106 106 106 106 106 106 106 106 106 106 106 106 106 1997 : 105 105 105 105 105 105 105 105 105 105 105 105 105 1998 : 104 104 104 104 104 104 104 104 104 104 104 104 104 1999 : 105 105 105 105 105 105 105 105 105 105 105 105 105 2000 : 108 108 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Taxes : : 1910-14 = 100 : 1996 :3001 3001 3001 3001 3001 3001 3001 3001 3001 3001 3001 3001 3001 1997 :3093 3093 3093 3093 3093 3093 3093 3093 3093 3093 3093 3093 3093 1998 :3185 3185 3185 3185 3185 3185 3185 3185 3185 3185 3185 3185 3185 1999 :3214 3214 3214 3214 3214 3214 3214 3214 3214 3214 3214 3214 3214 2000 :3281 3281 : : 1990-92 = 100 : 1996 : 112 112 112 112 112 112 112 112 112 112 112 112 112 1997 : 115 115 115 115 115 115 115 115 115 115 115 115 115 1998 : 119 119 119 119 119 119 119 119 119 119 119 119 119 1999 : 120 120 120 120 120 120 120 120 120 120 120 120 120 2000 : 123 123 : : Wage Rates : : 1910-14 = 100 : 1996 :4452 4452 4452 4368 4368 4368 4232 4232 4232 4504 4504 4504 4389 1997 :4652 4652 4652 4542 4542 4542 4446 4446 4446 4723 4723 4723 4591 1998 :4917 4917 4917 4840 4840 4840 4685 4685 4685 4911 4911 4911 4838 1999 :5130 5130 5130 5059 5059 5059 4898 4898 4898 5059 5059 5059 5037 2000 :5059 5059 : : 1990-92 = 100 : 1996 : 119 119 119 117 117 117 113 113 113 120 120 120 117 1997 : 124 124 124 121 121 121 119 119 119 126 126 126 123 1998 : 131 131 131 129 129 129 125 125 125 131 131 131 129 1999 : 137 137 137 135 135 135 131 131 131 135 135 135 135 2000 : 135 135 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Family Living : : 1910-14 = 100 : 1996 :1466 1471 1479 1484 1487 1488 1491 1494 1499 1503 1506 1506 1490 1997 :1511 1516 1520 1522 1521 1522 1524 1527 1531 1535 1534 1532 1525 1998 :1535 1538 1541 1543 1546 1548 1550 1552 1554 1558 1558 1557 1548 1999 :1560 1562 1567 1579 1579 1579 1583 1587 1595 1598 1598 1598 1582 2000 :1598 1598 : : 1990-92 = 100 : 1996 : 115 115 116 116 116 116 116 117 117 117 118 118 116 1997 : 118 118 119 119 119 119 119 119 120 120 120 120 119 1998 : 120 120 120 121 121 121 121 121 121 122 122 122 121 1999 : 122 122 122 123 123 123 124 124 125 125 125 125 124 2000 : 125 125 : : Production Items With Farm Origin 2/ : : 1990-92 = 100 : 1996 : 102 102 103 106 110 111 113 113 112 106 105 105 107 1997 : 107 109 112 115 117 115 114 114 116 113 114 115 113 1998 : 112 112 109 108 106 104 103 101 97 98 100 100 104 1999 : 102 103 101 101 100 101 99 99 100 103 104 107 102 2000 : 108 108 : : Production Items With Non-Farm Origin 3/ : : 1990-92 = 100 : 1996 : 118 118 119 120 119 119 119 119 120 120 120 120 119 1997 : 122 122 121 121 121 121 121 121 122 121 121 121 121 1998 : 118 117 117 117 117 117 117 117 116 116 116 115 117 1999 : 115 115 115 116 116 117 117 118 118 118 118 118 117 2000 : 119 119 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. 2/ Feed, livestock and poultry purchases, and seed. 3/ Fertilizer, agricultural chemicals, fuels, farm supplies and repairs, autos and trucks, farm machinery, building materials, and farm services and rent. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Crop Sector (PPITW) : : 1990-92 = 100 : : 1996 : 116 116 117 117 117 117 117 117 117 118 118 118 117 1997 : 120 120 120 120 120 120 119 120 120 120 120 120 120 1998 : 119 118 118 118 118 118 118 117 117 118 117 117 118 1999 : 118 117 118 118 118 118 118 119 119 120 120 120 119 2000 : 120 120 : : : Livestock Sector (PPITW) : : 1990-92 = 100 : : 1996 : 111 111 111 112 114 114 115 115 115 113 113 113 113 1997 : 114 115 116 117 118 117 117 117 117 117 117 117 116 1998 : 116 116 115 114 113 112 112 111 109 110 111 110 112 1999 : 112 112 111 112 112 112 111 112 112 113 114 115 112 2000 : 116 116 : : : : Commodities and Services, Interest, Taxes, and Wage Rates : : Adjusted for Productivity : : 1910-14 = 100 : : 1996 :1013 1014 1017 1015 1017 1017 1010 1010 1012 1028 1028 1028 1017 1997 :1026 1028 1030 1024 1025 1024 1017 1018 1020 1038 1038 1038 1027 1998 :1045 1045 1043 1038 1038 1037 1026 1025 1022 1039 1039 1039 1036 1999 :1048 1049 1049 1048 1047 1048 1037 1038 1041 1054 1055 1057 1048 2000 :1063 1063 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Parity Ratio 2/ : : 1910-14 = 100 : 1996 : 46 45 46 45 46 49 49 48 48 46 46 45 47 1997 : 44 43 44 43 43 43 43 43 43 43 43 42 43 1998 : 42 41 42 43 43 42 42 42 42 42 42 41 42 1999 : 40 40 40 40 41 40 39 41 40 37 38 37 39 2000 : 36 36 : : Adjusted Parity Ratio 3/ : : 1910-14 = 100 : 1996 : 47 46 48 47 48 51 51 50 50 48 47 46 48 1997 : 45 44 45 44 45 45 45 45 45 45 45 44 45 1998 : 44 44 44 45 45 45 45 45 45 44 44 44 45 1999 : 45 45 45 44 46 45 44 46 45 42 42 42 44 2000 : 40 40 : : Ratio : : 1990-92 = 100 : 1996 : 96 94 96 94 97 103 103 101 100 97 96 94 98 1997 : 91 90 92 90 91 91 91 92 90 91 90 88 91 1998 : 88 86 88 90 89 89 89 89 88 87 87 86 88 1999 : 84 83 83 83 85 84 83 85 83 78 79 78 82 2000 : 76 76 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. 2/ Ratio of index of prices received by farmers to index of prices paid for commodities and services, interest, taxes, and wage rates. 3/ 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: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Feed Sub-Components : : Feed Grains : 1990-92 = 100 : 1996 : 135 146 152 167 179 178 185 178 150 122 113 111 151 1997 : 114 113 118 118 114 109 104 107 107 108 107 107 111 1998 : 109 109 108 102 99 98 94 82 79 81 82 84 94 1999 : 87 87 87 86 84 83 75 76 75 72 73 77 80 2000 : 81 81 : : Complete Feeds : 1990-92 = 100 : 1996 : 121 121 122 125 132 133 134 134 136 128 122 122 128 1997 : 121 122 125 126 129 128 125 125 127 124 125 126 125 1998 : 121 119 118 115 113 112 114 112 106 104 107 108 112 1999 : 109 108 105 106 104 104 103 103 104 104 105 106 105 2000 : 108 108 : : Hay and Forages : 1990-92 = 100 : 1996 : 103 103 105 114 123 120 120 118 117 116 117 117 114 1997 : 126 131 135 142 144 131 124 124 125 125 126 122 130 1998 : 123 125 123 122 121 116 115 114 111 108 107 103 116 1999 : 104 105 103 104 115 105 101 99 96 96 97 95 102 2000 : 96 96 : : Concentrates : 1990-92 = 100 : 1996 : 119 115 115 120 121 117 121 124 132 118 116 118 120 1997 : 117 120 130 135 148 143 142 145 160 133 146 149 139 1998 : 131 131 122 110 109 110 120 107 103 97 102 102 112 1999 : 100 96 91 95 93 95 93 99 98 105 104 101 98 2000 : 98 98 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Supplements : 1990-92 = 100 : 1996 : 123 124 124 125 133 134 138 137 131 126 127 128 129 1997 : 126 125 131 127 124 123 115 117 124 129 134 139 126 1998 : 139 133 125 122 116 108 109 107 104 105 110 113 116 1999 : 115 116 114 118 116 114 113 114 115 115 115 122 115 2000 : 129 129 : : Livestock and Poultry Sub-Components : : Feeder Cattle : 1990-92 = 100 : 1996 : 70 68 66 62 64 69 72 73 75 72 75 75 70 1997 : 80 84 84 89 92 92 98 95 95 94 94 96 91 1998 : 95 95 92 95 92 87 81 82 78 85 86 85 88 1999 : 89 91 88 88 84 89 93 91 95 101 104 109 93 2000 : 109 109 : : Feeder Pigs : 1990-92 = 100 : 1996 : 67 73 81 78 73 67 64 86 90 105 111 112 84 1997 : 112 118 121 136 128 119 119 109 97 87 81 77 109 1998 : 68 81 68 70 72 70 65 62 55 55 53 55 65 1999 : 66 96 103 106 109 96 52 46 58 73 88 111 84 2000 : 126 126 : : Milk Cow Replacements : 1990-92 = 100 : 1996 : 94 94 94 95 95 95 97 97 97 100 100 100 96 1997 : 97 97 97 98 98 98 98 98 98 97 97 97 97 1998 : 95 95 95 98 98 98 99 99 99 105 105 105 99 1999 : 111 111 111 110 110 110 113 113 113 122 122 122 114 2000 : 118 118 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Poultry : 1990-92 = 100 : 1996 : 102 102 102 102 102 102 102 102 102 102 102 102 102 1997 : 106 106 106 106 106 106 106 106 106 106 106 106 106 1998 : 110 110 110 110 110 110 110 110 110 110 110 110 110 1999 : 110 110 110 110 110 110 110 110 110 110 110 110 110 2000 : 110 110 : : Seeds Sub-Components : : Field Crops : 1990-92 = 100 : 1996 : 109 109 109 117 117 117 117 117 117 117 117 117 115 1997 : 117 117 117 119 119 119 119 119 119 119 119 119 118 1998 : 119 119 119 123 123 123 123 123 123 123 123 123 122 1999 : 123 123 123 121 121 121 121 121 121 121 121 121 121 2000 : 121 121 : : Grasses and Legumes : 1990-92 = 100 : 1996 : 119 119 119 120 120 120 120 120 120 120 120 120 120 1997 : 120 120 120 130 130 130 130 130 130 130 130 130 128 1998 : 130 130 130 123 123 123 123 123 123 123 123 123 124 1999 : 123 123 123 121 121 121 121 121 121 121 121 121 121 2000 : 121 121 : : Fertilizer Sub-Components : : Mixed Fertilizer : 1990-92 = 100 : 1996 : 121 123 124 126 125 125 123 122 122 121 120 119 123 1997 : 119 119 119 118 118 118 117 117 117 116 116 116 117 1998 : 119 118 118 117 116 116 116 116 116 115 115 114 116 1999 : 115 115 115 115 115 115 115 115 114 114 112 112 114 2000 : 112 112 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Nitrogen : 1990-92 = 100 : 1996 : 139 139 143 140 137 131 125 123 124 130 130 135 133 1997 : 136 137 136 135 134 130 126 126 125 122 121 117 129 1998 : 115 114 114 111 113 112 110 106 102 101 98 95 108 1999 : 94 95 96 97 94 92 89 89 91 96 96 97 94 2000 : 98 98 : : Potash and Phosphate : 1990-92 = 100 : 1996 : 109 111 113 111 108 107 103 104 105 105 107 107 107 1997 : 107 108 109 110 110 108 108 109 109 109 110 111 109 1998 : 111 111 112 114 115 115 115 116 114 117 117 116 115 1999 : 116 116 116 116 115 115 115 114 113 108 108 106 113 2000 : 104 104 : : Agricultural Chemicals Sub-Components : : Herbicides : 1990-92 = 100 : 1996 : 116 117 117 117 116 116 116 117 119 119 119 118 117 1997 : 117 114 114 116 118 117 117 117 117 119 120 120 117 1998 : 120 119 119 118 118 118 119 121 115 115 116 117 118 1999 : 116 113 115 116 113 113 113 117 119 118 118 119 116 2000 : 119 119 : : Insecticides : 1990-92 = 100 : 1996 : 126 126 128 126 125 125 121 123 126 125 125 127 125 1997 : 130 129 129 129 129 130 128 128 132 132 133 134 130 1998 : 135 136 136 136 136 136 134 135 136 141 138 138 136 1999 : 140 138 142 139 140 145 141 138 137 145 140 139 140 2000 : 137 137 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Fungicides and Other : 1990-92 = 100 : 1996 : 117 117 117 117 117 117 117 117 118 116 117 117 117 1997 : 118 118 118 120 119 119 120 120 120 120 120 120 119 1998 : 121 120 120 119 120 120 121 117 118 118 119 119 119 1999 : 120 120 119 120 120 120 120 120 121 121 121 121 120 2000 : 121 121 : : Fuels Sub-Components : : Diesel : 1990-92 = 100 : 1996 : 88 84 88 105 104 92 94 95 108 116 112 112 100 1997 : 108 109 100 100 97 94 90 97 97 103 106 96 100 1998 : 89 85 80 84 84 76 74 73 79 77 74 63 78 1999 : 64 60 68 83 83 84 93 103 106 103 112 117 90 2000 : 121 121 : : Gasoline : 1990-92 = 100 : 1996 : 90 87 95 106 112 106 104 103 105 106 110 110 103 1997 : 111 109 108 107 109 108 106 114 118 112 109 105 110 1998 : 98 93 87 92 98 96 92 84 82 84 79 67 88 1999 : 71 67 72 96 97 94 102 111 115 109 111 113 97 2000 : 114 114 : : LP Gas : 1990-92 = 100 : 1996 : 97 100 101 105 99 98 100 107 118 128 138 156 112 1997 : 157 142 119 111 104 110 105 111 119 125 129 124 121 1998 : 115 110 104 100 102 96 91 89 87 88 92 92 97 1999 : 80 83 86 91 114 117 119 142 163 173 177 176 127 2000 : 176 176 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Farm Supplies & Repairs Sub-Components : : Supplies : 1990-92 = 100 : 1996 : 112 113 113 113 113 113 113 113 113 113 113 113 113 1997 : 114 114 114 114 115 115 115 115 115 114 114 114 114 1998 : 114 114 115 115 115 116 116 116 115 116 115 115 115 1999 : 117 116 117 117 117 117 117 117 116 116 118 118 117 2000 : 118 118 : : Repairs : 1990-92 = 100 : 1996 : 115 115 115 116 116 116 116 116 116 117 117 117 116 1997 : 118 118 118 119 119 119 120 120 120 120 120 120 119 1998 : 120 120 120 121 121 121 121 121 122 123 122 122 121 1999 : 123 123 123 123 123 123 124 124 124 124 124 124 123 2000 : 124 124 : : Autos and Trucks Sub-Components : : Autos : 1990-92 = 100 : 1996 : 113 113 113 113 113 113 113 113 113 113 114 114 113 1997 : 114 114 114 114 114 113 113 112 112 113 113 113 113 1998 : 114 113 113 113 113 112 112 112 112 112 113 113 113 1999 : 113 113 112 112 112 111 111 110 111 111 112 112 112 2000 : 113 113 : : Trucks : 1990-92 = 100 : 1996 : 118 118 118 118 118 118 118 118 118 119 120 120 118 1997 : 120 121 121 120 120 119 119 119 119 119 120 120 120 1998 : 120 120 120 120 119 118 119 119 119 119 120 120 119 1999 : 121 120 120 120 120 120 120 119 119 120 121 121 120 2000 : 121 121 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Farm Machinery Sub-Components : : Tractors : 1990-92 = 100 : 1996 : 120 120 119 119 120 120 120 121 122 122 123 124 121 1997 : 124 125 125 125 126 126 126 126 126 129 129 129 126 1998 : 129 129 130 130 130 130 130 130 130 132 132 132 130 1999 : 132 132 132 132 132 132 132 132 132 132 132 132 132 2000 : 132 132 : : Self Propelled : 1990-92 = 100 : 1996 : 127 127 127 128 127 127 128 128 127 128 128 128 128 1997 : 128 127 127 127 127 127 127 127 128 129 129 130 128 1998 : 130 130 130 131 131 131 131 131 131 133 133 133 131 1999 : 133 133 133 134 134 134 134 134 129 129 129 129 132 2000 : 130 130 : : Other Machinery : 1990-92 = 100 : 1996 : 121 122 122 123 123 123 124 125 125 126 127 127 124 1997 : 127 128 129 129 129 130 130 130 131 131 131 132 130 1998 : 132 132 133 133 133 134 134 134 135 135 135 135 134 1999 : 136 136 137 137 138 137 137 137 136 136 136 136 137 2000 : 136 136 : : Farm Services Sub-Components : : Custom Rates : 1990-92 = 100 : 1996 : 113 113 113 113 113 113 113 113 113 113 113 113 113 1997 : 115 115 115 115 115 115 115 115 115 115 115 115 115 1998 : 117 117 117 117 117 117 117 117 117 117 117 117 117 1999 : 115 115 115 115 115 115 115 115 115 115 115 115 115 2000 : 115 115 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Quarterly and Annual Average United States, 1996-00 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Other Services : 1990-92 = 100 : 1996 : 116 116 116 116 115 116 117 117 117 116 115 115 116 1997 : 116 116 116 116 116 117 118 117 118 116 116 115 116 1998 : 115 115 115 114 115 116 116 116 115 115 114 114 115 1999 : 114 114 114 114 115 116 116 116 116 116 115 115 115 2000 : 115 115 : : Rent Sub-Components : : Cash : 1990-92 = 100 : 1996 : 129 129 129 129 129 129 129 129 129 129 129 129 129 1997 : 135 135 135 135 135 135 135 135 135 135 135 135 135 1998 : 135 135 135 135 135 135 135 135 135 135 135 135 135 1999 : 135 135 135 135 135 135 135 135 135 135 135 135 135 2000 : 135 135 : : Share : 1990-92 = 100 : 1996 : 128 128 128 128 128 128 128 128 128 128 128 128 128 1997 : 136 136 136 136 136 136 136 136 136 136 136 136 136 1998 : 107 107 107 107 107 107 107 107 107 107 107 107 107 1999 : 103 103 103 103 103 103 103 103 103 103 103 103 103 2000 : 103 103 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Survey Estimates, Month Published and Level ------------------------------------------------------------------------------ : 2000 Program Schedule 1/ :----------------------------------------------------- Survey : Survey and : : Publication Month : Level of Estimates ------------------------------------------------------------------------------ Feed : Apr : Farm Production Regions and : : US : : Feeder Cattle & Calves : Monthly : US : : Seed : Apr : US : : : : Fertilizer : Apr : Fertilizer Regions and US : : : : Agricultural Chemicals : Apr : US : : : : Fuels : Apr : Farm Production Regions and : : US : : Farm Machinery : Apr : US : : : : Grazing Fees : Jan 2/ : States and Regions ----------------------------------------------------------------------------- 1/ Data collection and publication schedule for average prices paid by producers. 2/ Survey estimates for previous year. 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 Prices Paid Survey is summarized as a nonprobability survey. Average prices reported are aggregated to the region and U.S. level using weights available from expenditure data and other administrative sources. Price recommendations are prepared by the State 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-8-9 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-56 Milk................... A-23 Oats................... A-15 Monthly State Prices Peanuts................ A-16 Potatoes............... A-19 Apples.................. A-17 Sheep.................. A-22 Barley.................. A-15 Sorghum, Grain......... A-15 Barrows and Gilts....... A-21 Soybeans............... A-15 Beans, Dry Edible....... A-16 Sows................... A-21 Beef Cattle............. A-20 Sunflower.............. A-16 Calves.................. A-20 Steers and Heifers..... A-20 Corn.................... A-15 Tobacco................ A-16 Cotton.................. A-17 Turkeys................ A-22 Cottonseed.............. A-17 Wheat.................. A-14 Special Features Rice: Marketing Year Average Prices Received, U.S., 1997 and 1998 ..................................................... A-26 Rice: Monthly Prices Received, United States, Marketing Years 1996-97 through 1998-99 ........................................... A-26 Apples: Prices Received, Monthly, July 1992 - December 1999; Peaches, May 1992 - September 1999; Pears, July 1992 - December 1999 ....... A-27 Grapes: Prices Received, Monthly, May 1995 - December 1999; Sweet Potatoes, Market Year Average Prices Received, 1997-99 ...... A-28 Limes: Marketing Year Average and Monthly Prices Received, Florida, Final, 1997-98 and Preliminary 1998-99 ................... A-29 Index of Prices Received, All Groups, Monthly and Annual, 1992-99.... A-48-55 Parity Prices Authority for Parity Prices, Method of Computation, and Prices ..... A-30-36 Annual Average Prices Received for Parity Computations, U.S., by Years, 1990-99................................................. A-38-47 Parity Price Equivalent for Manufacturing Grade Milk ............... A-37 Index Prices Paid Page Narrative ..................................................... B-1 Indexes and Parity Ratios ..................................... B-2-3 Charts ........................................................ B-4-6 Feed Ratios ................................................... B-7 Reliability Statement ......................................... B-30 U.S. Average Prices: Feeder Livestock ........................................... B-7 Commodity Prices Used in Feed Price Ratios ................. B-7 Special Features: Grazing Fee Rates for Cattle by Selected States and Regions .. B-8 Prices Paid Survey Estimates, Month Published and Level ..... B-29 Prices Paid Index Components: 1910-14=100 and 1990-92=100, Monthly and Annual Averages, 1996-00: PPITW, PITW, Production Items .............................. B-9-11 Prices Paid Index Component Items, Interest, Taxes, Wage Rates, Farm and Non Farm Origin, .................................. B-10-18 Crop Sector, Livestock Sector, and PPITW adjusted for Productivity ............................................... B-19 Ratios ..................................................... B-20 Prices Paid Index Sub-Components: Monthly and Annual Averages B-21-28 Report Features Listed below are the commodity specialists in the Statistics Division of the National Agricultural Statistics Service to contact for additional information. Crops Branch C. Ray Halley, Chief (202) 720-2127 Field Crops Section Brad Parks, Head (202) 720-3843 Rhonda Brandt - Corn (202) 720-9526 Herman Ellison - Peanuts, Rice (202) 720-7688 Lance Honig - Wheat (202) 720-8068 Jay Johnson - Cotton (202) 720-5944 Roy Karkosh - Barley, Hay, Sorghum (202) 690-3234 Mark E. Miller - Oats (202) 720-7621 Jerry Ramirez - Oilseeds (202) 690-7369 Fruit and Vegetable Section Jim Smith, Head (202) 720-4215 Arvin Budge - Potatoes (202) 720-4285 Dave DeWalt - Citrus (202) 720-5412 Steve Gunn - Apples, Non-Citrus Fruits (202) 720-4288 Jeffery Kissel - Dry Beans, Peaches, Pears (202) 690-0270 Keith Lacy - Grapes, Tobacco (202) 720-7235 Biz Wallingsford - Vegetables, Strawberries (202) 720-2157 Livestock Branch Robert W. Milton, Chief (202) 720-3570 Livestock Section Dan Kerestes, Head (202) 720-4447 Steve Anderson - Milk, Sheep, Lambs (202) 720-4751 Rodger Ott - Hogs (202) 720-3106 Greg Thessen - Cattle (202) 720-3040 Poultry and Specialty Commodities Section Debra Kenerson, Head (202) 720-6351 Tom Kruchten - Broilers, Eggs (202) 690-4870 John Lange - Turkeys (202) 720-8784 Environmental, Economics and Demographics Branch Linda Hutton, Chief (202) 720-6146 Economics Section Mark Harris, Head (202) 720-4214 Kim Nielsen - Prices Paid Indexes, Feed, Fertilizer, Agricultural Chemicals, Seeds (202) 690-3347 Jim Williams - Farm Supplies and Repairs, Farm Machinery, Fuels, Feeder Livestock, Poultry Chicks, Feed Price Ratios, Grazing Fees, Autos & Trucks (202) 690-3225 Commodity Prices Coordinator Charles VanLahr (202) 720-5446 Kirby Cavett - Prices Received Indexes (202) 690-3237 The next "Agricultural Prices" report will be released at 3:00 p.m. ET on February 29, 2000. The United States Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, gender, religion, age, disability, political beliefs, sexual orientation, and marital or family status. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (braille, large print, audiotape, etc.) should contact the USDA's TARGET Center at 202-720-2600 (voice and TDD). To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, Room 326-W, Whitten Building, 14th and Independence Avenue, SW, Washington, DC, 20250-9410, or call (202) 720-5964 (voice or TDD). USDA is an equal opportunity provider and employer. ACCESS TO REPORTS!! For your convenience, there are several ways to obtain NASS reports, data products, and services: INTERNET ACCESS All NASS reports are available free of charge on the worldwide Internet. For access, connect to the Internet and go to the NASS Home Page at: http://www.usda.gov/nass/. Select "Today's Reports" or Publications and then Reports by Calendar or Publications and then Search, by Title or Subject. NEW INTERNET DATA BASE Now available at the NASS home page is access to our On-line Published Estimates Data Base. Limited commodities are now available for U.S. and State estimates. Data from our five year Historic Bulletins will be available in the data base when publications are released. E-MAIL SUBSCRIPTION All NASS reports are available by subscription free of charge direct to your e-mail address. Send an e-mail message to: usda-reports@usda.mannlib.cornell.edu. 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. Document 0411 is a list of available reports. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - PRINTED REPORTS OR DATA PRODUCTS CALL OUR TOLL-FREE ORDER DESK: 800-999-6779 (U.S. and Canada) Other areas, please call 703-834-0125 FAX: 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 800-727-9540, 7:30 a.m. to 4:00 p.m. ET, or e-mail: nass@nass.usda.gov. Agricultural Outlook Forum 2000 Bring the Future into Focus. Bring your future into focus at the U.S. Department of Agriculture's Outlook Forum 2000. Hear industry leaders, producers and top officials discuss issues confronting agriculture. Receive up-to-date commodity forecasts plus new 10-year projections. Network with hundreds of experts from agriculture, business and government at this popular event. For program and registration details, access the Forum web site, send an e-mail to agforum@oce.usda.gov, or call 202-720-3050. Register today; rates go up after February 1. www.usda.gov/oce February 24-25, 2000 Arlington, Virginia Commodity Outlook, 2000 and Beyond Coming to Terms with Biotechnology Future of Farming and Rural America Farming under Contract Impact of Agribusiness Mergers New Markets: E-Commerce, Organic Foods, Biomass WTO Talks, Animal & Plant Health Trade Rules