Pr 1 (7-06) Agricultural Prices National Agricultural Statistics Service USDA Washington, D.C. Released July 31, 2006, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on "Agricultural Prices" see page 66, office hours 7:30 a.m. to 4:00 p.m. ET. July Farm Prices Received Index Unchanged From Last Month The preliminary All Farm Products Index of Prices Received by Farmers in July, at 117 percent, based on 1990-92=100, was unchanged from June. The Crop Index is down 3 points (2.4 percent) while the Livestock Index was unchanged. Producers received higher commodity prices for cattle, broilers, asparagus, and snap beans. Lower prices were received for grapes, cantaloupes, hogs, and broccoli. The overall index is also affected by the seasonal change based on a 3-year average mix of commodities producers sell. Increased average marketings of grapes, wheat, tomatoes, and hay offset decreased marketings of milk, cantaloupes, potatoes, and asparagus. Preliminary All Farm Products Index is up 1 point (0.9 percent) from July 2005. The Food Commodities Index, at 118, decreased 1 point (0.8 percent) from last month but was unchanged from July 2005. Prices Paid Index up 1 Point The July Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 148 percent of the 1990-92 average. The index is up 1 point (0.7 percent) from June and 7 points (5.0 percent) above July 2005. Higher prices in July for feeder cattle, gasoline, feed grains, and diesel fuel more than offset lower prices for feeder pigs, nitrogen fertilizers, milk cows, and herbicides. Index Summary Table -------------------------------------------------------------------------------- : 2005 : 2006 Index :-------------------------------------------------------------- 1990-92=100 : Jun : Jul : Jun : Jul -------------------------------------------------------------------------------- : Prices Received : 119 116 117 117 : Prices Paid : 140 141 147 148 : Ratio 1/ : 84 82 80 79 -------------------------------------------------------------------------------- 1/ Ratio of index of prices received by farmers to index of prices paid by farmers. Prices Received by Farmers The July All Farm Products Index is 117 percent of its 1990-92 base, unchanged from the June index but 0.9 percent above the July 2005 index. ALL CROPS: The July index is 123, down 2.4 percent from June but 7.0 percent above July 2005. From June, index decreases for commercial vegetables, fruits & nuts, cotton, and oil-bearing crops more than offset the index increases for food grains, potatoes & dry beans, and feed grains & hay. Food Grains: The July index, at 137, is 2.2 percent above the previous month and 28 percent above a year ago. The July all wheat price, at $4.09 per bushel, is up 8 cents from June and 89 cents above July 2005. Feed Grains & Hay: The July index is 111, up 1.8 percent from last month and 5.7 percent above a year ago. The corn price, at $2.20 per bushel, is up 6 cents from last month and 9 cents above July 2005. The all hay price, at $107 per ton, is $2.00 below June but up $7.30 from last July. Grain sorghum, at $4.43 per cwt, is 48 cents above June and 49 cents above July last year. Oil-Bearing Crops: The July index, at 100, is down 1.0 percent from June and 16 percent lower than July 2005. The soybean price, at $5.60 per bushel, decreased 1 cent from June and is $1.05 below July 2005. Cotton: The July index, at 76, is down 3.8 percent from June but 12 percent above last year. The July price, at 46.2 cents per pound, is down 1.5 cents from the previous month but 5.1 cents above last July. Potatoes & Dry Beans: The July index, at 144, is up 2.1 percent from last month and 9.9 percent above July 2005. The all potato price, at $8.78 per cwt, is up 18 cents from June and $1.15 from last July. The all dry bean price, at $19.50 per cwt, is up 60 cents from the previous month but $5.90 below July 2005. Fruits & Nuts: The July index, at 159, is down 7.6 percent from June but 14 percent higher than a year ago. Price decreases for grapes, peaches, and oranges more than offset price increases for apples and strawberries. Commercial Vegetables: The July index, at 118, is down 9.2 percent from last month but 3.5 percent above July 2005. Price decreases during July for cantaloupes, broccoli, and tomatoes more than offset price increases for asparagus, snap beans, and celery. LIVESTOCK & PRODUCTS: The July index, at 110, is unchanged from last month but down 6.0 percent from July 2005. Compared with a year ago, prices are higher for cattle, calves, and turkeys but lower for milk, broilers, eggs, and hogs. Meat Animals: The July index, at 116, is unchanged from last month but 0.9 percent higher than last year. The July hog price, at $49.40 per cwt, is down $4.40 from June and 40 cents lower than a year ago. The July beef cattle price of $86.10 per cwt is up $1.90 from last month and $1.10 higher than July 2005. Dairy Products: The July index, at 91, is unchanged from a month ago but 19 percent lower than July last year. The July all milk price of $11.90 per cwt is unchanged from last month but down $2.90 from July 2005. The fluid grade milk price is unchanged but the manufacturing grade milk price is down 30 cents from the previous month. Poultry & Eggs: The July index, at 116, is unchanged from June but 7.9 percent below a year ago. July market egg prices, at 24.8 cents per dozen, decreased 12.2 cents from June and is 8.1 cents below July 2005. The July broiler price, at 40.0 cents per pound, is up 1.0 cent from June but 4.0 cents below a year ago. The July turkey price, averaging 46.4 cents per pound, is up 0.6 cent from the previous month and up 1.8 cents from a year earlier. Table of Contents U.S. Prices Received and IndexesPage Narrative . . . . . . . . 2 Price Indexes . . . . . . 5 Price Index Charts . . . . 6 U.S. Prices Received Summary 10 Charts . . . . . . . . . . 12 Selected Commodities . . . 16 Upland Cotton & Rice Marketings 19 Parity Prices . . . . . . . 26 Reliability Statement . . . 38 Monthly State Prices Received Apples . . . . . . . . . . 19 Barley . . . . . . . . . . 17 Beans, Dry Edible . . . . 18 Beef Cattle, All . . . . . 22 Calves . . . . . . . . . 22 Cows, Beef . . . . . . . 22 Steers and Heifers . . . 22 Fruit, Citrus . . . . . . 20 Corn . . . . . . . . . . . 17 Monthly State Prices, continuedPage Cotton . . . . . . . . . . 19 Cottonseed . . . . . . . . 19 Eggs . . . . . . . . . . . 24 Flaxseed . . . . . . . . . 18 Grain Sorghum . . . . . . . . 17 Hay . . . . . . . . . . . 19 Hogs, All . . . . . . . . 23 Barrows and Gilts . . . 23 Sows . . . . . . . . . . 23 Milk . . . . . . . . . . . 25 Milk Cows . . . . . . . 25 Oats . . . . . . . . . . . 17 Peanuts . . . . . . . . . 18 Potatoes . . . . . . . . . 21 Sheep . . . . . . . . . . 24 Lambs . . . . . . . . . 24 Soybeans . . . . . . . . . 17 Sunflower, All . . . . . . 18 Wheat, All Classes 16Prices Received Special FeaturesPage Marketing Year for Specified Commodities 28 Marketing Year Average Prices Cranberries see July 2006 Noncitrus Fruits and Nuts 2005 Summary http:/usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documen tID=1113 Sugarbeets . . . . . . . . 28 Sugarcane. . . . . . . . . 28 Monthly Price Revisions Apples see July 2006 Noncitrus Fruits and Nuts 2005 Summary http:/usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documen tID=1113 Grapes see July 2006 Noncitrus Fruits and Nuts 2005 Summary http:/usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documen tID=1113 Onions see July 2006 Vegetables http:/usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documen tID=1177 Peaches see July 2006 Noncitrus Fruits and Nuts 2005 Summary http:/usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documen tID=1113 Pears see July 2006 Noncitrus Fruits and Nuts 2005 Summary http:/usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documen tID=1113 Seasonal Adjustment Factors . 29 Indexes of Prices Received: U.S., All Groups, Monthly and Annual, 2002-2006 . . . . . . . . . . 30 Table of Contents (continued) U.S. Prices Paid, Prices Paid Indexes and RatiosPage Narrative . . . . . . . 39 Indexes and Parity Ratios 40 Charts . . . . . . . . 42 Feed Price Ratios . . . 45 Reliability Statement . 65 U.S. Average Prices Prices Used to Calculate Feed Price Ratios 45 Feeder Livestock . . . 45 Special Features Index of Prices Paid: 1910-14=100 and 1990-92=100 Monthly and Annual Average, United States, 2000-2004 46-64 PPITW, PITW, Production Items 46-47 Index Component Items, Interest, Taxes, Wage Rates, Farm and Non Farm Origin . . . . . . . 47-54 Ratios . . . . . . . . 55 Crop Sector, Livestock Sector, and PPITW adjusted for Productivity . . . . . . . . . . . . 56 Index Sub-Components (1990-92=100): Monthly and Annual Averages 57-64 Information Contacts . 66 Index Numbers of Prices Received, United States, July 2006, with Comparisons -------------------------------------------------------------------------------- : 1910-14=100 : 1990-92=100 :------------------------------------------------------ Index : : 2005 : 2006 : 2005 : 2006 :Average :--------------------------------------------- :1990-92 : Jul : Jun : Jul : Jul : Jun : Jul -------------------------------------------------------------------------------- : All Farm Products : 639 740 *746 741 116 *117 117 : All Crops : 500 569 *621 608 115 126 123 Food Grains : 325 341 *425 434 107 *134 137 Feed Grains & Hay : 363 376 *390 397 105 *109 111 Cotton : 517 347 *403 391 68 *79 76 Tobacco 1/ : 1,263 1,363 *1,363 1,363 90 *90 90 Oil-Bearing Crops : 554 653 *550 549 119 *101 100 Fruits & Nuts : 716 970 *1,201 1,108 139 *172 159 Commercial Vegetables : 698 765 *870 787 114 *130 118 Potatoes & Dry Beans : 540 665 *716 726 131 *141 144 Other Crops : 493 578 586 586 117 119 119 : Livestock & Products : 768 901 *845 848 117 110 110 Meat Animals : 1,021 1,172 *1,181 1,182 115 116 116 Dairy Products : 799 910 *731 731 113 *91 91 Poultry & Eggs : 282 353 311 309 126 116 116 : Food Commodities : 118 119 118 -------------------------------------------------------------------------------- * Revised. 1/ Monthly prices discontinued July 2005. Selected Index Numbers for Prices Received and Paid, 1990-92=100, by Month, United States, 2005 and 2006 -------------------------------------------------------------------------------- : Index of Prices Received : Index of Prices Paid :---------------------------------------------------------------- : : : Livestock : : Month : All Farm : All : and : All : Production : Products : Crops : Products : Items : Items :---------------------------------------------------------------- :2005 :2006 :2005 : 2006 : 2005 :2006 : 2005 :2006 : 2005 : 2006 -------------------------------------------------------------------------------- Jan : 112 112 103 108 121 118 137 146 134 145 Feb : 114 113 108 113 119 114 137 145 134 144 Mar : 119 113 116 117 121 110 139 145 136 143 Apr : 121 112 121 122 122 105 139 146 138 146 May : 119 114 116 127 121 104 139 147 138 146 Jun : 119 117 120 126 117 110 140 147 140 146 Jul : 116 117 115 123 117 110 141 148 140 147 Aug : 116 115 117 141 140 Sep : 116 111 122 142 141 Oct : 111 103 122 144 144 Nov : 113 106 121 143 142 Dec : 115 111 120 143 143 -------------------------------------------------------------------------------- Prices Received, United States, July 2006, with Comparisons -------------------------------------------------------------------------------- : : : Entire Month :Preliminary : : Average :-------------------------------------- Commodity :Unit: 1990-92 : Jul : Jun : Jul : : : 2005 : 2006 : 2006 -------------------------------------------------------------------------------- : : Dollars : : : : Field Crops : : : : Barley, All : Bu : 2.12 2.37 2.78 2.46 Feed : Bu : 1.90 1.88 2.08 2.01 Malting : Bu : 2.43 2.66 3.05 2.75 Beans, Dry Edible : Cwt: 19.10 25.40 18.90 19.50 Chickpeas, All : Cwt: 27.90 28.70 19.90 Large : Cwt: 28.20 31.30 29.30 Small : Cwt: 4/ 10.80 4/ Corn : Bu : 2.30 2.11 2.14 2.20 Cotton, Upland : Lb : 0.606 0.411 0.477 0.462 Cottonseed 3/ : Ton: 96.00 : : Flaxseed : Bu : 4.27 10.40 5.40 5.25 Hay, All, Baled 1/ : Ton: 76.30 99.70 109.00 107.00 Alfalfa 1/ : Ton: 77.20 109.00 115.00 113.00 Other 1/ : Ton: 60.00 75.90 90.10 89.30 Lentils : Cwt: 11.80 7.75 9.34 Oats : Bu : 1.22 1.59 1.93 1.89 Peanuts, In-Shell : Lb : 0.304 0.160 0.170 0.167 Peas, Dry Edible : Cwt: 5.21 5.25 5.20 Austrian Winter : Cwt: 9.28 4/ 4/ Potatoes : Cwt: 5.82 7.63 8.60 8.78 : : Rice, Rough : Cwt: 7.07 6.82 8.04 8.06 Sorghum Grain : Cwt: 3.75 3.94 3.95 4.43 Soybeans : Bu : 5.61 6.65 5.61 5.60 Sunflower, All : Cwt: 9.50 15.20 11.70 12.20 : : Wheat, All : Bu : 2.96 3.20 4.01 4.09 Winter : Bu : 2.93 3.15 3.99 4.03 Durum : Bu : 2.86 3.72 3.81 3.85 Other Spring : Bu : 3.11 3.45 4.18 4.63 Hard Red Winter : Bu : 3.13 4.27 Soft Red Winter : Bu : 3.19 3.31 Hard Red Spring : Bu : 3.45 4.23 White : Bu : 3.24 3.36 3.40 : : Fruit : : : : Citrus, Equiv on-tree : : Grapefruit : Box: 5.77 16.62 14.42 13.82 Lemons : Box: 10.10 12.32 15.99 17.80 Oranges : Box: 5.79 6.55 8.21 6.86 Tangelos 5/ : Box: 5.82 Tangerines 5/ : Box: 15.11 Temples 5/ : Box: 6.23 : : Noncitrus, Fresh : : Apples 2/ : Lb : 0.212 0.157 0.277 0.336 Grapes 2/ : Ton: 506.00 530.00 2,270.00 960.00 Peaches 2/ : Ton: 432.00 576.00 819.00 680.00 Pears 2/ : Ton: 370.00 667.00 556.00 5/ Strawberries : Cwt: 56.00 50.60 51.40 59.00 -------------------------------------------------------------------------------- 1/ Mid-month price. 2/ Equivalent packinghouse-door returns for CA, MI, and NY (apples only), and WA (apples, peaches, and pears). Prices as sold for other states. 3/ Marketing year August - February. 4/ Price not published to avoid disclosure of individual firms. 5/ Insufficient sales to establish a price. 6/ Monthly price estimates discontinued beginning in July 2005. Prices Received, United States, July 2006, with Comparisons -------------------------------------------------------------------------------- : : : Entire Month :Preliminary : : Average :-------------------------------------- Commodity :Unit : 1990-92 : Jul : Jun : Jul : : : 2005 : 2006 : 2006 -------------------------------------------------------------------------------- : : Dollars : : : : Vegetables, Fresh 1/ : : : : Asparagus : Cwt : 79.80 155.00 95.20 166.00 Broccoli : Cwt : 22.50 22.40 51.10 27.40 Cantaloupes 2/ : Cwt : 10.80 18.40 12.40 Carrots : Cwt : 13.20 21.80 21.40 21.50 Cauliflower : Cwt : 26.80 25.60 27.90 22.20 Celery : Cwt : 11.60 10.00 17.80 26.10 Corn, Sweet : Cwt : 15.70 22.20 23.00 21.30 Cucumbers 2/ : Cwt : 15.80 24.30 20.60 Lettuce : Cwt : 11.90 11.00 11.80 11.20 Onions : Cwt : 12.80 14.00 17.10 19.00 Snap Beans 2/ : Cwt : 59.10 26.00 58.80 Tomatoes : Cwt : 32.30 28.00 32.00 26.90 : : Livestock : : : : Calves : Cwt : 94.30 133.00 133.00 136.00 Cattle, All Beef : Cwt : 72.90 85.00 84.20 86.10 Cows 3/ : Cwt : 49.60 53.80 46.70 47.00 Steers & Heifers : Cwt : 77.10 88.20 88.50 90.40 Milk Cows 4/ : Head: 1,130.00 1,830.00 1,680.00 : : Hogs, All : Cwt : 47.70 49.80 53.80 49.40 Barrows & Gilts : Cwt : 48.40 50.40 54.70 50.30 Sows : Cwt : 39.50 37.60 33.10 32.40 : : Lambs : Cwt : 56.20 110.00 92.00 Sheep : Cwt : 23.40 41.00 28.60 : : Dairy and Poultry : : : : Milk, All 5/ 6/ : Cwt : 13.06 14.80 11.90 11.90 Fluid Grade 6/ : Cwt : 13.10 14.80 11.90 11.90 Mfg Grade 6/ : Cwt : 11.80 14.10 11.30 11.00 : : Broilers, Live 7/ : Lb : 0.317 0.440 0.390 0.400 Eggs, All 8/ : Doz : 0.643 0.527 0.563 0.456 Market 8/ : Doz : 0.546 0.329 0.370 0.248 Turkeys, live 7/ 8/: Lb : 0.380 0.446 0.458 0.464 : : Adjusted for Seasonal : : Variation 9/ : : Eggs, All : Doz : 0.545 0.582 0.604 0.503 Milk, All 5/ : Cwt : 9.71 15.04 12.05 12.05 -------------------------------------------------------------------------------- 1/ Beginning January 2006, point of first sale. F.O.B. shipping point for prior years. 2/ Monthly estimates began January 1995. 3/ Beef cows and cull dairy cows sold for slaughter. 4/ Animals sold for dairy herd replacement only. Prices available for Jan, Apr, Jul, and Oct. 5/ Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 6/ July 2006 Fat test percent: all milk, 3.54; fluid milk, 3.54; mfg grade, 3.73. 7/ Equivalent liveweight returns to producers for most States. Includes growers and contractors. 8/ Mid-month price. 9/ Seasonal adjustment factors are: All Eggs July 2005, 91; June 2006, 93; and July 2006, 91. All Milk July 2005, 98; June 2006, 99; and July~2006, 99. Wheat: Prices Received, by State, June and July 2006 -------------------------------------------------------------------------------- : All Wheat : Winter Wheat : Durum Wheat :Oth Spring Wheat State :----------------------------------------------------------------------- : Jun 1/ : Jul 2/ : Jun 1/ : Jul 2/ : Jun 1/ : Jul 2/ : Jun 1/ : Jul 2/ -------------------------------------------------------------------------------- : Dollars per Bushel : AR : 3.42 3.35 3.42 3.35 CA : 4.23 4.10 4.31 4.10 3/ 3/ CO : 4.20 4.58 4.20 4.58 3/ 4/ ID : 3.44 3.51 3.32 3.35 3/ 3/ 3.69 3.85 IL : 3.23 3.30 3.23 3.30 IN : 3.34 3.26 3.34 3.26 KS : 4.24 4.63 4.24 4.63 MI : 3.14 3.20 3.14 3.20 MN : 4.24 4.75 3/ 4/ 4.24 4.75 MO : 3.37 3.55 3.37 3.55 MT : 4.10 4.36 4.12 4.23 3.71 3.85 4.18 4.57 NE : 4.21 4.50 4.21 4.50 ND : 4.03 4.33 3.75 4.05 3.71 3.70 4.19 4.60 OH : 3.17 3.23 3.17 3.23 OK : 4.48 4.69 4.48 4.69 OR : 3.97 3.91 3.74 3.75 4.85 4.86 SD : 4.09 4.64 3.96 4.38 4.17 4.80 TX : 4.30 4.58 4.30 4.58 WA : 3.57 3.68 3.47 3.56 3.97 4.15 : US : 4.01 4.09 3.99 4.03 3.81 3.85 4.18 4.63 -------------------------------------------------------------------------------- 1/ Entire month. 2/ Mid-month. 3/ Price not published to avoid disclosure of individual firms. 4/ Insufficient sales to establish a price. Prices Received for Selected Agricultural Commodities, by Month, United States, 2005 and 2006 1/ -------------------------------------------------------------------------------- : All Wheat : Corn : Soybeans :Beef Cattle 2/ : All Hogs Month :----------------------------------------------------------------------- : 2005 : 2006 : 2005 : 2006 : 2005 : 2006 : 2005 : 2006 : 2005 : 2006 -------------------------------------------------------------------------------- : ---------- Dollars per Bushel --------- ------- Dollars per ------- : ----------- Cwt ----------- : Jan : 3.43 3.52 2.12 2.00 5.57 5.88 89.10 95.10 53.00 40.70 Feb : 3.36 3.66 1.95 2.02 5.42 5.67 88.80 92.40 50.70 42.60 Mar : 3.42 3.79 2.02 2.06 5.95 5.57 91.00 88.10 51.20 42.80 Apr : 3.35 3.81 2.00 2.11 6.03 5.52 93.70 84.80 51.10 41.30 May : 3.31 4.09 1.98 2.17 6.21 5.68 92.10 82.20 54.90 48.20 Jun : 3.23 4.01 2.03 2.14 6.58 5.61 88.00 84.20 49.50 53.80 Jul : 3.20 4.09 2.11 2.20 6.65 5.60 85.00 86.10 49.80 49.40 Aug : 3.24 1.95 6.15 84.40 51.00 Sep : 3.36 1.90 5.77 88.00 49.40 Oct : 3.43 1.82 5.67 90.40 47.00 Nov : 3.45 1.77 5.62 90.80 43.50 Dec : 3.53 1.92 5.77 93.30 44.30 -------------------------------------------------------------------------------- 1/ Current month prices are mid-month; prices for previous months are for the entire month. 2/ Cows, steers and heifers. Grains: Prices Received, by State, June and July 2006 -------------------------------------------------------------------------------- :All Barley 1/: Corn : Oats : Soybeans : Sorghum Grain Month :----------------------------------------------------------------------- :Jun 2/:Jul 3/:Jun 2/:Jul 3/:Jun 2/:Jul 3/:Jun 2/:Jul 3/:Jun 2/ :Jul 3/ -------------------------------------------------------------------------------- :----------------- Dollars per Bushel ----------------- Dollars per Cwt : AL : AR : 5.78 5.80 4/ 4/ CA : 2.39 2.36 4/ 5/ CO : 4/ 5/ 2.44 2.50 ID : 3.22 3.23 IL : 2.28 2.35 2.25 2.30 5.78 5.80 4.73 4.90 IN : 2.21 2.31 5.80 5.82 IA : 2.11 2.15 1.90 1.90 5.54 5.55 KS : 2.12 2.25 1.67 1.72 5.48 5.55 3.69 3.97 KY : 2.47 2.50 5.82 5.85 LA : 5.80 5.98 MI : 2.11 2.20 2.43 2.20 5.70 5.60 MN : 2.24 2.25 1.93 1.98 1.71 1.72 5.35 5.37 MS : 5.57 5.63 MO : 2.24 2.40 5.65 5.70 4.16 4.45 MT : 2.95 3.01 4/ 5/ NE : 2.06 2.15 2.09 2.10 5.41 5.45 3.74 3.95 NY : 1.91 1.89 NC : 2.72 2.76 5.84 5.84 ND : 2.11 2.09 1.89 1.95 1.78 1.80 5.19 5.15 OH : 2.23 2.30 5/ 5/ 5.76 5.88 OK : 3.67 3.90 OR : 2.31 2.30 5/ 5/ PA : 2.60 2.60 2.88 2.70 SD : 4/ 4/ 1.95 1.99 1.72 1.78 5.38 5.30 TN : 2.62 2.70 5.79 5.85 TX : 2.68 2.72 2.01 5/ 4.73 4.56 UT : 4/ 2.26 WA : 2.42 2.37 WI : 2.04 2.10 1.67 1.70 5.42 5.40 WY : 1.68 3.28 : US : 2.78 2.46 2.14 2.20 1.93 1.89 5.61 5.60 3.95 4.43 -------------------------------------------------------------------------------- 1/ The Three-State (MN, ND and SD) Feed Barley price is discontinued. 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 State, June and July 2006 -------------------------------------------------------------------------------- : Malting Barley : Feed Barley State :-------------------------------------------------------------- : Jun 1/ : Jul 2/ : Jun 1/ : Jul 2/ -------------------------------------------------------------------------------- : Dollars per Bushel : ID : 3.33 3/ 2.13 2.10 MN : 2.26 2.27 3/ 1.41 MT : 3.11 3.20 1.82 1.74 ND : 2.34 2.35 1.66 1.60 SD : 3/ 3/ 3/ 4/ WY : 4/ 3/ 1.68 1.68 -------------------------------------------------------------------------------- 1/ Entire month. 2/ Mid-month. 3/ Price not published to avoid disclosure of individual firms. 4/ Insufficient sales to establish a price. Field Crops: Prices Received, by State, June and July 2006 -------------------------------------------------------------------------------- : Dry Edible : All : : : Beans : Sunflower : Flaxseed : Peanuts 4/ State :--------------------------------------------------------------- :Jun 1/ :Jul 2/ :Jun 1/ :Jul 2/ :Jun 1/ :Jul 2/ :Jun 1/ :Jul 3/ -------------------------------------------------------------------------------- : -------- Dollars per -------- Dollars per Dollars per : ------------ Cwt ------------ --- Bushel -- --- Pound --- : AL : 0.159 5/ CA : 41.40 5/ CO : 17.30 17.40 FL : 0.161 0.166 GA : 0.165 0.169 ID : 18.40 19.90 IN : KS : 12.40 13.10 KY : MD : MI : 19.60 21.00 MN : 21.70 5/ 17.90 18.00 MO : NE : 17.40 17.60 NC : 0.199 0.189 ND : 14.70 14.90 11.60 11.70 5.40 5.25 OH : OK : SC : SD : 10.90 11.50 6/ 6/ TN : TX : 0.177 0.174 VA : 0.193 5/ WV : : US : 18.90 19.50 11.70 12.20 5.40 5.25 0.170 0.167 -------------------------------------------------------------------------------- 1/ Entire month. 2/ Mid-month. 3/ Based on sales through first half of month. 4/ In-Shell. 5/ Price not published to avoid disclosure of individual firms. 6/ Insufficient sales to establish a price. Field Crops and Apples: Prices Received, by State, June and July 2006 -------------------------------------------------------------------------------- : : July : Cotton, Upland :-------------------------------------------------- State : : Cotton- : Hay, Baled 3/ : Apples :-------------------: seed :-----------------------------: Fresh : Jun 1/ : Jul 2/ : 5/ : All : Alfalfa : Other : Use 1/4/ -------------------------------------------------------------------------------- : Dollars per Pound -------- Dollars per Ton -------- Dol/Lb : AL : 0.455 0.455 AZ : 6/ 7/ 128.00 128.00 133.00 AR : 0.455 0.455 CA : 6/ 7/ 108.00 110.00 95.00 CO : 135.00 135.00 130.00 GA : 0.464 0.455 ID : 116.00 118.00 88.00 IL : 87.00 94.00 74.00 IA : 78.00 81.00 58.00 KS : 96.00 104.00 70.00 KY : 78.00 115.00 70.00 LA : 0.455 0.455 MI : 84.00 90.00 70.00 MN : 64.00 72.00 49.00 MS : 0.456 0.455 MO : 68.00 112.00 56.00 MT : 70.00 68.00 81.00 NE : 80.00 81.00 75.00 NV : 117.00 119.00 99.00 NM : 173.00 176.00 144.00 NY : 135.00 165.00 110.00 NC : 0.455 0.448 ND : 62.00 67.00 48.00 OH : 100.00 126.00 55.00 OK : 100.00 135.00 77.00 OR : 122.00 123.00 121.00 PA : 142.00 162.00 127.00 SD : 69.00 70.00 56.00 TN : 0.467 0.455 TX : 0.480 0.480 126.00 155.00 114.00 UT : 102.00 104.00 80.00 VA : WA : 122.00 120.00 130.00 0.336 WI : 58.00 60.00 50.00 WY : 82.00 82.00 78.00 : US : 0.477 0.462 107.00 113.00 89.30 0.336 -------------------------------------------------------------------------------- 1/ Entire month. 2/ Based on sales during the first half of the month. 3/ Mid-month. 4/ Equivalent packinghouse-door returns for CA, MI, NY, and WA. Price at point of first sale for other States. 5/ Marketing year August - February. 6/ Price not published to avoid disclosure of individual firms. 7/ Insufficient sales to establish a price. Upland Cotton and Rice: Prices Received and Marketings, United States, July 2006, with Comparisons -------------------------------------------------------------------------------- Item : Unit : May 2006 1/ : Jun 2006 1/ : Jul 2006 2/ -------------------------------------------------------------------------------- : : Cotton, Upland : : Average Price : Dollars per Pound : 0.468 0.477 0.462 Marketings 3/ : 1,000 Bales : 658 635 NA : : Rice : : Average Price : Dollars per Cwt : 7.96 8.04 8.06 Marketings 4/ : 1,000 Cwt : 12,981 13,156 NA -------------------------------------------------------------------------------- 1/ Entire month. 2/ Based on purchases for the first half of the month. 3/ Marketings based on a survey of cotton buyers in the major producing States - AL, AZ, AR, CA, GA, LA, MS, NC, TN, and TX. 4/ Purchases by private firms and rice (rough equivalent) shipped by cooperatives. Citrus Fruit: Prices and Equivalent Returns, by Utilization, by State and United States, July 2006 -------------------------------------------------------------------------------- : : Equivalent Returns 1/ Commodity, :F.O.B. :----------------------------------------------------- State :Packed : Packinghouse-door : On-tree and Type : Fresh :----------------------------------------------------- : : All : Fresh :Process : All : Fresh :Process -------------------------------------------------------------------------------- : Dollars per Box : Grapefruit : CA : 25.60 16.24 18.83 -0.29 13.82 16.41 -2.71 : US : 25.60 16.24 18.83 -0.29 13.82 16.41 -2.71 : Lemons : CA : 40.60 22.32 30.09 -0.40 17.80 25.57 -4.92 : US : 40.60 22.32 30.09 -0.40 17.80 25.57 -4.92 : Oranges : Valencia : 22.70 10.81 15.36 1.41 8.22 12.77 -1.18 : FL : Valencia : 16.00 8.40 7.40 8.50 6.14 5.00 6.25 : US : 21.40 9.23 13.77 7.38 6.86 11.22 5.08 -------------------------------------------------------------------------------- 1/ Net lbs. per box: Grapefruit - AZ & CA-67, FL-85, TX-80; Lemons - 76; Oranges - AZ & CA-75, FL-90, TX-85; Tangelos~-~90; Tangerines - AZ & CA-75, FL-95; Temples - 90. Potatoes: Prices Received, by State, June and July 2006 1/ ------------------------------------------------------------------------------- : : :: : : State : Jun : Jul :: State : Jun : Jul : : :: : : ------------------------------------------------------------------------------- : Dollars per Cwt :: : Dollars per Cwt : :: : AL : :: : AZ : 9.30 :: NC : 12.90 CA - All 2/ : 16.10 18.70 :: ND - All 2/ : 6.55 8.05 - Winter : :: - Fresh 3/ : 13.00 - Spring : 16.10 18.00 :: - Processing : 6.30 8.00 - Summer : 20.40 :: OR : 10.00 9.60 - Fall : :: TX : 14.70 CO - All 2/ : 8.20 9.65 :: VA : 17.80 - Fresh 3/ : 9.10 10.50 :: WA - All 2/ : 6.65 5.80 FL : 10.60 :: - Processing : 5.85 5.95 ID - All 2/ : 6.15 6.50 :: WI - All 2/ : 4.75 - Fresh 3/ : 7.20 7.90 :: - Fresh 3/ : 3.25 - Processing : 5.40 5.60 :: - Processing : 7.00 ME : 8.10 8.00 :: : MI : :: US - All 2/ : 8.60 8.78 MN : 5.20 5.10 :: - Fresh 3/ : 12.92 13.17 NY : :: - Processing : 6.17 5.93 ------------------------------------------------------------------------------- 1/ Missing data indicates no potatoes being marketed. 2/ Average price of potatoes sold for all uses, including table stocks, processing, seed, and livestock feed. 3/ Fresh market prices only, includes table stock prices. Cattle: Prices Received, by State, June and July 2006 -------------------------------------------------------------------------------- : Cows 1/ :Steers & Heifers : Beef Cattle 4/ : Calves State :----------------------------------------------------------------------- : Jun 2/ : Jul 3/ : Jun 2/ : Jul 3/ : Jun 2/ : Jul 3/ : Jun 2/ : Jul 3/ -------------------------------------------------------------------------------- : Dollars per Cwt : AZ : 42.10 44.50 105.00 106.00 87.40 88.80 129.00 129.00 AR : 43.10 43.80 108.00 110.00 88.50 90.10 128.00 129.00 CA : 44.40 44.80 86.70 87.30 66.40 67.30 117.00 115.00 CO : 48.40 47.10 104.00 111.00 103.00 110.00 131.00 140.00 FL : 47.60 45.40 100.00 102.00 79.60 93.70 120.00 118.00 GA : 48.00 47.40 97.80 99.10 64.90 65.00 122.00 122.00 ID : 45.10 46.00 83.10 85.30 74.00 76.30 120.00 121.00 IL : 46.00 46.00 83.00 83.00 82.30 82.30 122.00 119.00 IA : 50.70 50.20 82.80 83.00 82.20 82.30 129.00 128.00 KS : 47.30 46.50 85.90 86.00 85.50 85.60 137.00 141.00 KY : 47.00 47.00 105.00 107.00 91.10 92.60 126.00 126.00 LA : 43.50 43.00 103.00 103.00 61.90 63.40 118.00 117.00 MI : 50.00 50.00 80.00 81.00 71.00 71.70 134.00 134.00 MN : 51.20 51.40 80.00 81.00 75.10 76.00 132.00 135.00 MO : 47.90 48.10 113.00 115.00 94.80 98.30 130.00 136.00 MT : 49.30 47.20 99.60 104.00 64.40 63.10 127.00 118.00 NE : 47.00 48.00 85.60 88.10 84.40 86.90 135.00 137.00 NM : 42.80 42.40 109.00 114.00 85.80 86.80 132.00 141.00 ND : 49.00 48.00 96.00 95.00 66.40 64.50 128.00 125.00 OH : 47.80 47.00 86.60 86.00 82.70 82.10 130.00 125.00 OK : 45.60 45.50 107.00 113.00 99.60 105.00 129.00 134.00 OR : 43.00 42.50 101.00 103.00 83.60 84.90 116.00 114.00 PA : 49.20 48.10 81.60 82.40 73.20 73.50 140.00 140.00 SD : 47.90 49.00 92.00 93.70 81.90 82.50 130.00 128.00 TN : 48.00 46.00 107.00 107.00 83.40 82.60 121.00 121.00 TX : 41.90 42.60 90.10 92.10 85.80 88.10 133.00 137.00 VA : 43.70 41.70 98.60 102.00 77.70 80.90 116.00 116.00 WI : 48.80 48.30 84.00 83.90 63.60 63.30 165.00 160.00 WY : 48.50 49.00 109.00 109.00 97.50 100.00 133.00 133.00 : US : 46.70 47.00 88.50 90.40 84.20 86.10 133.00 136.00 -------------------------------------------------------------------------------- 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 State, June and July 2006 -------------------------------------------------------------------------------- : Sows : Barrows and Gilts : All Hogs :----------------------------------------------------------------------- State : Jun 1/ : Jul 2/ : Jun 1/ : Jul 2/ : Jun 1/ : Jul 2/ -------------------------------------------------------------------------------- : Dollars per Cwt : AR : 32.10 32.60 50.70 47.60 48.80 46.10 IL : 30.70 31.20 55.00 50.00 53.10 48.50 IN : 36.70 36.70 53.90 51.20 52.40 49.90 IA : 34.80 33.90 56.00 51.00 55.60 50.70 KS : 33.90 32.50 53.60 48.40 51.00 46.30 MN : 34.10 32.50 55.60 51.00 55.40 50.80 MO : 32.20 32.20 48.60 45.40 47.50 44.10 NE : 35.30 33.00 55.40 51.40 55.00 51.00 NC : 33.10 33.10 55.70 51.20 55.50 51.00 OH : 34.00 34.00 51.80 49.00 50.60 48.00 OK : 31.00 31.30 48.60 44.70 46.00 42.70 PA : 30.70 30.70 49.00 46.80 46.30 44.40 SD : 33.00 31.00 55.90 51.50 52.70 48.40 : US : 33.10 32.40 54.70 50.30 53.80 49.40 -------------------------------------------------------------------------------- 1/ Entire month. 2/ Mid-month. Sheep and Poultry: Prices Received, by State, June and July 2006 -------------------------------------------------------------------------------- : June : July State :----------------------------------------------------------------------- : Sheep 1/ : Lambs 1/ : Eggs 2/ 3/ -------------------------------------------------------------------------------- : ------ Dollars per Cwt ------ Dollars per Dozen : AL : 0.280 AR : 0.270 CA : 28.00 83.50 0.360 CO : 31.00 97.00 CT : 0.340 FL : 0.320 GA : 0.270 ID : 25.00 90.00 IN : 0.220 IA : 39.00 91.40 0.178 KY : 31.00 85.00 ME : 0.400 MI : 0.250 MN : 30.00 98.70 0.240 MS : 0.230 MO : 35.10 95.00 0.180 MT : 24.00 99.90 NE : 28.70 90.60 NY : 0.280 NC : 0.220 ND : 35.00 95.00 OH : 31.60 90.00 0.300 OR : 32.00 86.00 PA : 42.90 102.00 0.230 SC : 0.240 SD : 24.70 105.00 TX : 27.30 84.80 0.210 VA : 33.00 99.00 WA : 0.320 WV : 32.00 99.00 WY : 23.10 101.00 : US : 28.60 92.00 0.248 -------------------------------------------------------------------------------- 1/ Entire month. 2/ Mid-month. 3/ Market (table) eggs. Milk and Milk Cows: Prices Received, by State, June and July 2006 -------------------------------------------------------------------------------- : June 1/ : July :------------------------------------------------------------------------ State : Fluid Grade : Manufacturing : All Milk : All Milk : : Milk 2/ : Grade Milk : 3/ : 3/ 4/ : Milk :---------------------------------------------------------------:Cows 5/ : : Fat : : Fat : : Fat : : Fat : : Price : Test : Price : Test : Price : Test : Price : Test : -------------------------------------------------------------------------------- :Dol/Cwt Percent Dol/Cwt Percent Dol/Cwt Percent Dol/Cwt Percent Dol/Head : AZ : 11.70 3.50 11.70 3.50 11.80 3.51 1,850 CA : 10.80 3.55 11.70 4.05 10.83 3.56 10.60 3.56 1,500 CO : 12.00 3.43 12.00 3.43 12.10 3.45 2,000 FL : 14.90 3.58 14.90 3.58 15.50 3.63 1,880 ID : 11.00 3.48 10.40 3.68 11.00 3.48 10.70 3.47 1,900 IL : 13.30 3.72 13.40 4.26 13.30 3.73 13.30 3.70 1,710 IN : 11.90 3.59 11.20 3.55 11.90 3.59 11.90 3.51 1,700 IA : 12.50 3.58 11.30 3.67 12.50 3.58 12.60 3.57 1,670 KS : 11.60 3.49 11.60 3.49 11.70 3.47 1,630 KY : 12.90 3.55 12.90 3.55 13.60 3.55 1,700 MI : 12.20 3.53 10.80 3.56 12.20 3.53 12.20 3.48 1,900 MN : 12.10 3.63 10.10 3.62 12.00 3.63 11.80 3.58 1,660 MO : 12.20 3.54 10.90 3.63 12.10 3.54 12.30 3.55 1,600 NM : 10.80 3.47 10.80 3.47 11.60 3.42 1,780 NY : 12.30 3.62 12.30 3.62 12.30 3.58 1,580 OH : 12.70 3.59 11.50 3.69 12.70 3.59 13.10 3.56 1,760 OR : 14.00 3.57 14.00 3.57 14.10 3.55 1,880 PA : 13.50 3.60 10.90 3.75 13.50 3.60 13.60 3.55 1,700 TX : 11.90 3.60 11.90 3.60 12.00 3.60 1,740 VT : 12.70 3.67 12.70 3.67 12.60 3.61 1,800 VA : 14.00 3.51 14.00 3.51 13.60 3.50 1,750 WA : 11.50 3.57 11.50 3.57 11.50 3.55 1,750 WI : 12.30 3.61 11.20 3.69 12.30 3.61 12.10 3.55 1,700 : US : 11.90 3.57 11.30 3.81 11.90 3.57 11.90 3.54 1,680 -------------------------------------------------------------------------------- 1/ Entire month. 2/ Including milk diverted to manufacturing. 3/ Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 4/ Preliminary. 5/ Animals sold for dairy herd replacement only. Prices published January, April, July and October. Parity Price Equivalent for Manufacturing Grade Milk 1/: United States, June and July 2006, with Comparisons -------------------------------------------------------------------------------- Item : Unit : Jul 2005 : Jun 2006 : Jul 2006 -------------------------------------------------------------------------------- Parity Equivalent : Dollars per Cwt : 33.64 35.32 35.50 Average Price F.O.B 2/ : Dollars per Cwt : 14.10 11.30 11.00 Average Fat Test of Milk 2/ : Percent : 3.66 3.81 3.73 -------------------------------------------------------------------------------- 1/ The parity price equivalent during 2006 is 91.5 percent of the parity price of all milk sold to plants, compared with 91.4 percent in 2005. For additional details, see January 2006 issue of "Agricultural Prices". 2/ Preliminary for July 2006. Parity Prices for Farm Products and Average Prices Received as Percent of Parity Prices, United States, with Comparisons 1/ -------------------------------------------------------------------------------- : : Parity Price : Price as Percent :Adjusted: : of Parity Commodity and Unit : Base :----------------------------------------- : Price : Jul : Jun : Jul : Jul : Jun : Jul : : 2005 : 2006 : 2006 : 2005 : 2006 : 2006 -------------------------------------------------------------------------------- : ---------- Dollars --------- ---- Percent ---- : Basic Commodities : All Wheat, Bu : 0.535 10.40 10.50 10.50 31 38 39 Rice, Cwt : 1.45 25.80 28.40 28.50 26 28 28 Corn, Bu : 0.398 6.95 7.80 7.83 30 27 28 Cotton, Lb : American Upland : 0.117 1.78 2.29 2.30 23 21 20 Extra Long Staple : 0.138 2.65 2.70 2.72 Peanuts, Lb : 0.035 0.654 0.686 0.689 24 25 24 : Designated Nonbasic : All Milk, Sold to : Plants, Per Cwt 2/ : 1.97 36.80 38.60 38.80 40 31 31 Honey, Extracted, Lb 3/ : 0.121 2.28 2.28 2.28 : Wool and Mohair : Wool, Lb : 0.083 1.70 1.63 1.63 Mohair, Lb : 0.339 6.22 6.64 6.67 : Other Nonbasic : Barley, Bu : 0.372 7.05 7.29 7.32 34 38 34 Canola, Cwt : 1.38 29.30 27.00 27.20 Cottonseed, Ton : 15.40 290.00 302.00 303.00 39 33 32 Dry Edible Beans, Cwt : 2.81 52.70 55.00 55.30 48 34 35 Flaxseed, Bu : 0.795 14.10 15.60 15.60 74 35 34 Mustard Seed, Cwt : 1.96 39.60 38.40 38.60 Oats, Bu : 0.221 4.13 4.33 4.35 38 45 43 Potatoes, Cwt : 0.823 15.70 16.10 16.20 49 53 54 Rapeseed, Cwt : 1.61 39.30 31.50 31.70 Rye, Bu : 0.355 6.63 6.95 6.99 Safflower, Cwt : 1.86 38.70 36.40 36.60 Sorghum Grain, Cwt : 0.617 11.30 12.10 12.10 35 33 37 Soybeans, Bu : 0.880 16.80 17.20 17.30 40 33 32 All Sunflower, Cwt : 1.68 31.40 32.80 33.00 48 36 36 Sweetpotatoes, Cwt : 2.33 43.20 45.60 45.90 Apples, Fresh, Lb 4/ : 0.027 0.546 0.529 0.531 22 42 41 Citrus (equiv on-tree), Box : Grapefruit : 0.541 7.36 10.60 10.60 226 136 130 Lemons : 1.16 20.90 22.70 22.80 59 70 78 Oranges : 0.591 10.70 11.60 11.60 61 71 59 Tangerines : 1.390 25.20 27.20 27.40 Temples (FL) : 0.394 7.08 7.72 7.75 Beef Cattle, Cwt : 9.87 180.00 193.00 194.00 47 44 44 Calves, Cwt : 13.70 245.00 268.00 270.00 54 50 50 Hogs, Cwt : 5.99 112.00 117.00 118.00 44 46 42 Lambs, Cwt : 11.90 219.00 233.00 234.00 50 39 Sheep, Cwt : 4.89 88.20 95.80 96.20 46 30 Eggs, Doz 2/ : 0.091 1.76 1.78 1.79 33 34 28 Turkeys, Live, Lb : 0.056 1.060 1.100 1.100 42 42 42 -------------------------------------------------------------------------------- 1/ Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See January "Agricultural Prices" for details on adjusted base price and parity price computations. 2/ Seasonally adjusted price as percentage of parity price. 3/ Wholesale extracted. Adjusted base price derived from state annual averages prices weighted by production. For 1982 through 1985 the national averages are the support prices. 4/ Equivalent packinghouse-door returns for CA, NY (apples only), OR (except peaches), and WA. Price at point of first sale for other states. Parity Prices for Farm Products, July 2006, United States 1/ ------------------------------------------------------------------------------- Other Nonbasic :Adjusted:Parity :: Other Nonbasic :Adjusted:Parity Commodities : Base : Price :: Commodities : Base : Price : Price : :: : Price : ------------------------------------------------------------------------------- :Dollars Dollars:: :Dollars Dollars : :: : Field Crops and : :: Noncitrus Fruit, : Misc Commodities : :: Continued : Hops, Lb : 0.247 4.86 :: Olives, CA : Spearmint Oil, Lb : 1.44 28.30 :: canning, Ton 3/ : 92.30 1,820.00 Tobacco, Lb : :: Papayas (HI) : 0.051 1.000 Flue-Cured, 11-14 : 0.247 4.86 :: Peaches : VA Fire-Cured, 21 : 0.258 5.08 :: Fresh, Ton 2/ : 83.09 1,640.00 KY-TN Fire-Cured, : :: Dried, CA, : 22-23 : 0.323 6.36 :: Ton : 77.00 1,520.00 Burley, 31 : 0.266 5.23 :: Processing 3/ : Maryland, 32 : 0.202 3.98 :: Excl Dried : Dark Air-Cured, : :: Clingstone, : 35-36 : 0.285 5.61 :: CA, Ton : 33.40 657.00 Sun-Cured, 37 : 0.237 4.66 :: Pears, Ton : PA Seedleaf, 41 : 0.201 3.96 :: Fresh 2/ : 54.50 1,070.00 Cigar Filler & : :: Dried, CA 4/ : 171.00 3,370.00 Binder, : :: Plums, CA, Ton : 42-44, 54-55 : 0.222 4.37 :: Fresh, Equiv : Puerto Rican : :: on-Tree : 60.10 1,180.00 Filler, 46 : 0.159 3.13 :: Prunes, Dried, : Cigar Binder, : :: CA, Ton 4/ : 132.00 2,600.00 51-52 : 0.760 15.00 :: Prunes and Plums, : Type 61 : 3.21 63.20 :: Excl CA, Ton : : :: Fresh 7/ : 62.40 1,230.00 Noncitrus Fruit : :: Processing 4/ : Apples, Ton 4/ : :: Excl Dried : 28.80 567.00 Processing : 17.60 346.00 :: : Apricots, Ton : :: Tree Nuts 8/ : Fresh 5/ :101.00 1,990.00 :: Almonds, Lb : 0.221 4.35 Dried, CA :270.00 5,310.00 :: Hazelnuts, Ton : 150.00 2,950.00 Avocados, Ton 5/ :233.00 4,590.00 :: Pistachio, Lb : 0.168 3.31 Cherries : :: Walnuts, Ton : 173.00 3,400.00 Sweet, Ton :195.00 3,840.00 :: : Tart, Lb : 0.034 0.669:: Vegetables, Cwt 9/ : Cranberry, Bbl 3/ : 5.35 105.00 :: Fresh : Dates, CA, Ton 5/ :214.00 4,210.00 :: Carrots 6/ : 2.30 45.30 Grapes, Ton : :: Cauliflower 6/ : 4.44 87.40 Raisin Variety :121.00 2,380.00 :: Celery 6/ : 1.91 37.60 Other Dried : 70.80 1,390.00 :: Honeydew Melons : 2.64 52.00 Kiwifruit, Ton : 89.20 1,760.00 :: Lettuce : 2.36 46.40 Nectarines : :: Onions 6/ : 1.65 32.50 Fresh, CA, Ton 5/: 61.20 1,200.00 :: Tomatoes : 4.61 90.70 ------------------------------------------------------------------------------- 1/ Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See January "Agricultural Prices" for details on adjusted base price and parity price computations. 2/ Equivalent packinghouse-door returns for CA, NY (apples only), OR (except peaches), and WA. Price at point of first sale for other states. 3/ Equivalent returns for bulk fruit at first delivery point. 4/ Equivalent returns at processing plant door. 5/ Equivalent returns at packinghouse door. 6/ Includes some processing. 7/ Based on "as sold" prices for fresh fruit in all states. 8/ Prices in-shell basis except almonds which are shelled basis. 9/ F.O.B. shipping point prices. Marketing Year for Specified Commodities Sugarbeets: September 1 to August 31 for US and all estimating States. Estimating States are California, Colorado, Idaho, Michigan, Minnesota, Montana, Nebraska, North Dakota, Ohio, Oregon, Washington, and Wyoming. Sugarcane: October 1 to September 30 for US and all estimating States. Estimating States are Florida, Hawaii, Louisiana, and Texas. Sugar Crops: Marketing Year Average Price Received and Value of Production, United States, 2005 Crop 1/ -------------------------------------------------------------------------------- : Sugarbeets 2/ : Sugarcane 3/ -------------------------------------------------------------------------------- : : : For Sugar :Sugar and Seed : Price : Value :-------------------------------------------- : : of : Price : Value of : Value of : : Production : : Production : Production -------------------------------------------------------------------------------- : Dollars 1,000 Dollars Dollars ---- 1,000 Dollars --- : per Ton per Ton : US : 41.30 1,137,777 27.90 688,973 740,651 -------------------------------------------------------------------------------- 1/ Preliminary. Final prices and value of production by States will be published in "Crop Values" February 2007. 2/ Includes CA, CO, ID, MI, MN, MT, NE, ND, OH, OR, WA, and WY 3/ Includes FL, HI, LA, and TX. Seasonal Adjustment Factors - All Eggs and All Milk Base prices used in calculating parity prices are averages of prices received by farmers for several years; therefore, any seasonal variation is largely averaged out. To facilitate comparisons with parity prices, monthly prices for all eggs and all milk are adjusted for seasonal variation. The seasonally adjusted price is calculated by dividing the monthly price by the adjustment factor. The factors are based on prices for the years 1996-2006. Seasonal adjustment factors will no longer be published for the upcoming 12 months. Instead, adjustment factors will be published monthly as a footnote in the US table containing the seasonal adjusted prices on page 11 of this publication. Indexes of Prices Received by Farmers, by Month and Annual Average, United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : All Farm Products : : 1910-14 = 100 : 2002 : 604 625 667 597 608 614 626 632 623 606 616 619 620 2003 : 631 627 629 639 668 681 667 693 704 719 738 729 677 2004 : 709 737 774 793 817 816 793 767 739 725 733 708 759 2005 : 710 724 755 772 756 753 740 738 740 705 717 730 737 2006 : 715 721 718 713 727 746 741 726 : : 1990-92 = 100 : 2002 : 95 98 105 94 96 97 99 100 98 95 97 98 98 2003 : 99 99 99 101 105 107 105 109 111 113 116 115 107 2004 : 112 116 122 125 129 128 125 121 116 114 115 111 120 2005 : 112 114 119 121 119 119 116 116 116 111 113 115 116 2006 : 112 113 113 112 114 117 117 114 : : All Crops : : 1910-14 = 100 : 2002 : 462 501 580 493 511 515 537 555 537 500 510 507 517 2003 : 506 510 524 541 570 577 538 559 549 550 571 577 548 2004 : 559 596 602 608 608 608 600 590 566 550 551 514 579 2005 : 507 531 573 595 573 591 569 567 550 509 521 546 553 2006 : 532 559 576 602 625 621 608 589 : : 1990-92 = 100 : 2002 : 94 102 118 100 104 104 109 113 109 101 103 103 105 2003 : 103 103 106 110 116 117 109 113 111 111 116 117 111 2004 : 113 121 122 123 123 123 122 120 115 111 112 104 117 2005 : 103 108 116 121 116 120 115 115 111 103 106 111 112 2006 : 108 113 117 122 127 126 123 119 -------------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year. Indexes of Prices Received by Farmers, by Month and Annual Average, United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Food Grains : : 1910-14 = 100 : 2002 : 284 270 271 267 274 302 333 365 411 410 394 396 331 2003 : 372 336 326 316 326 323 311 349 353 359 379 393 345 2004 : 393 395 402 408 407 384 366 357 364 363 362 359 380 2005 : 361 347 352 347 347 344 341 342 354 357 362 372 352 2006 : 371 384 395 398 422 425 434 404 : : 1990-92 = 100 : 2002 : 89 85 85 84 86 95 105 115 129 129 124 125 104 2003 : 117 106 102 99 102 102 98 110 111 113 119 124 109 2004 : 124 124 127 129 128 121 115 112 114 114 114 113 120 2005 : 114 109 111 109 109 108 107 108 111 112 114 117 111 2006 : 117 121 124 125 133 134 137 127 : : Feed Grains and Hay : : 1910-14 = 100 : 2002 : 322 325 327 328 339 346 364 394 398 377 370 378 356 2003 : 375 380 380 382 391 392 365 363 360 342 353 368 371 2004 : 376 404 421 445 454 438 405 389 362 345 331 333 392 2005 : 340 326 339 342 352 369 376 357 335 306 297 323 339 2006 : 327 342 350 363 384 390 397 365 : : 1990-92 = 100 : 2002 : 90 91 91 92 95 97 102 110 111 105 104 106 100 2003 : 105 106 106 107 109 110 102 102 101 96 99 103 104 2004 : 105 113 118 124 127 123 113 109 101 96 93 93 110 2005 : 95 91 95 96 99 103 105 100 94 85 83 90 95 2006 : 92 96 98 102 107 109 111 102 -------------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year. Indexes of Prices Received by Farmers, by Month and Annual Average, United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Cotton : : 1910-14 = 100 : 2002 : 231 237 240 230 226 285 298 292 303 333 363 374 284 2003 : 385 393 411 384 388 385 391 391 471 573 533 535 437 2004 : 526 523 521 510 505 506 455 411 428 428 365 332 459 2005 : 325 324 341 350 335 354 347 356 374 410 410 405 361 2006 : 411 414 426 411 396 403 391 407 : : 1990-92 = 100 : 2002 : 45 46 47 45 44 56 58 57 59 65 71 73 56 2003 : 75 77 80 75 76 75 76 76 92 112 104 104 85 2004 : 103 102 102 100 99 99 89 80 83 83 71 65 90 2005 : 64 63 67 68 65 69 68 69 73 80 80 79 70 2006 : 80 81 83 80 77 79 76 79 : : Tobacco 2/ : : 1910-14 = 100 : 2002 :1761 1704 1478 1609 1561 1574 1609 1739 1735 1641 2003 :1817 1800 1570 1065 1557 1570 1635 1643 1726 1735 1612 2004 :1822 1891 1830 574 1648 1661 1726 1743 1421 2005 :1857 1917 1265 1265 1363 1363 1363 1363 1363 1363 1363 1363 1418 2006 :1363 1363 1363 1363 1363 1363 1363 1363 : : 1990-92 = 100 : 2002 : 116 113 98 106 103 104 106 115 115 108 2003 : 120 119 104 70 103 104 108 109 114 115 107 2004 : 120 125 121 38 109 110 114 115 94 2005 : 123 127 84 84 90 90 90 90 90 90 90 90 94 2006 : 90 90 90 90 90 90 90 90 -------------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year. 2/ Monthly prices discontinued July 2005. Indexes of Prices Received by Farmers, by Month and Annual Average, United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Oil-Bearing Crops : : 1910-14 = 100 : 2002 : 415 419 432 440 455 483 528 538 483 494 530 537 480 2003 : 540 548 550 571 594 597 570 552 529 607 664 692 585 2004 : 714 805 901 935 930 882 824 661 518 529 528 545 731 2005 : 548 539 587 594 610 648 653 599 511 531 537 558 576 2006 : 573 556 546 541 556 550 549 553 : : 1990-92 = 100 : 2002 : 76 77 79 80 83 88 96 98 88 90 97 98 88 2003 : 99 100 101 104 109 109 104 101 97 111 121 127 107 2004 : 131 147 165 171 170 161 151 121 95 97 97 100 134 2005 : 100 99 107 108 111 119 119 109 93 97 98 102 105 2006 : 105 102 100 99 102 101 100 101 : : Fruit and Nuts : : 1910-14 = 100 : 2002 : 585 580 668 632 729 794 831 849 866 861 768 644 734 2003 : 549 553 606 664 745 810 845 872 880 884 847 701 746 2004 : 666 768 793 697 850 937 944 1010 1089 1169 1051 820 900 2005 : 829 914 862 759 851 986 970 1017 1055 1042 1057 857 933 2006 : 910 1002 948 902 943 1201 1108 1002 : : 1990-92 = 100 : 2002 : 84 83 96 91 104 114 119 122 124 123 110 92 105 2003 : 79 79 87 95 107 116 121 125 126 127 121 100 107 2004 : 95 110 114 100 122 134 135 145 156 167 151 117 129 2005 : 119 131 123 109 122 141 139 146 151 149 151 123 134 2006 : 130 143 136 129 135 172 159 143 -------------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year. Indexes of Prices Received by Farmers, by Month and Annual Average, United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Commercial Vegetables : : 1910-14 = 100 : 2002 :1054 1283 1816 803 770 731 771 807 795 704 735 694 914 2003 : 756 763 830 878 935 1024 805 925 969 962 1048 1177 923 2004 : 849 966 773 884 753 747 836 889 901 1067 1112 807 882 2005 : 636 806 1096 1230 897 942 765 801 884 769 791 1132 896 2006 : 874 835 966 1081 1067 870 787 926 : : 1990-92 = 100 : 2002 : 158 192 272 120 115 109 115 121 119 105 110 104 137 2003 : 113 114 124 131 140 153 120 138 145 144 157 176 138 2004 : 127 144 116 132 113 112 125 133 135 160 166 121 132 2005 : 95 121 164 184 134 141 114 120 132 115 118 169 134 2006 : 131 125 145 162 160 130 118 139 : : Potatoes and Dry Beans : : 1910-14 = 100 : 2002 : 620 645 715 699 748 806 884 651 520 466 524 547 652 2003 : 533 554 567 592 590 559 570 483 458 443 479 493 527 2004 : 488 504 530 568 558 558 552 485 492 450 486 510 515 2005 : 531 535 578 566 576 572 665 591 524 484 537 584 562 2006 : 596 622 683 671 678 716 726 670 : : 1990-92 = 100 : 2002 : 123 127 141 138 148 159 175 129 103 92 104 108 129 2003 : 105 110 112 117 117 110 113 96 90 87 95 97 104 2004 : 96 100 105 112 110 110 109 96 97 89 96 101 102 2005 : 105 106 114 112 114 113 131 117 104 96 106 115 111 2006 : 118 123 135 133 134 141 144 133 -------------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year. Indexes of Prices Received by Farmers, by Month and Annual Average, United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Other Crops : : 1910-14 = 100 : 2002 : 561 561 561 561 561 561 561 561 561 561 561 561 561 2003 : 564 564 564 564 564 564 564 564 564 564 564 564 564 2004 : 569 569 569 569 569 569 569 569 569 569 569 569 569 2005 : 578 578 578 578 578 578 578 578 578 578 578 578 578 2006 : 586 586 586 586 586 586 586 586 : : 1990-92 = 100 : 2002 : 114 114 114 114 114 114 114 114 114 114 114 114 114 2003 : 114 114 114 114 114 114 114 114 114 114 114 114 114 2004 : 115 115 115 115 115 115 115 115 115 115 115 115 115 2005 : 117 117 117 117 117 117 117 117 117 117 117 117 117 2006 : 119 119 119 119 119 119 119 119 : : Food Commodities : : 1990-92 = 100 : 2002 : 96 100 108 93 94 95 97 97 95 93 96 95 97 2003 : 97 96 97 99 104 106 105 110 113 116 120 117 107 2004 : 113 117 124 127 131 131 128 124 119 118 122 117 123 2005 : 116 118 123 126 122 121 118 119 121 116 120 122 120 2006 : 118 116 115 113 115 119 118 116 -------------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year. Indexes of Prices Received by Farmers, by Month and Annual Average, United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Livestock and Products : : 1910-14 = 100 : 2002 : 742 734 723 684 681 689 678 669 655 664 684 698 692 2003 : 735 728 715 717 740 758 776 809 847 887 895 859 789 2004 : 842 859 934 967 1021 1020 981 933 908 903 916 918 934 2005 : 932 915 930 937 931 901 901 901 936 933 928 918 922 2006 : 902 871 844 803 799 845 848 845 : : 1990-92 = 100 : 2002 : 97 96 94 89 89 90 88 87 85 87 89 91 90 2003 : 96 95 93 93 96 99 101 105 110 116 117 112 103 2004 : 110 112 122 126 133 133 128 122 118 118 119 120 122 2005 : 121 119 121 122 121 117 117 117 122 122 121 120 120 2006 : 118 114 110 105 104 110 110 110 : : Meat Animals : : 1910-14 = 100 : 2002 : 916 948 937 884 867 868 882 859 821 857 869 896 884 2003 : 946 963 946 972 1014 1027 1025 1054 1100 1169 1179 1123 1043 2004 :1058 1060 1134 1151 1232 1248 1234 1227 1206 1203 1201 1194 1179 2005 :1226 1214 1241 1274 1274 1205 1172 1178 1207 1231 1222 1230 1223 2006 :1238 1220 1170 1133 1134 1181 1182 1180 : : 1990-92 = 100 : 2002 : 90 93 92 87 85 85 87 84 81 84 86 88 87 2003 : 93 95 93 96 100 101 101 104 108 115 116 110 103 2004 : 104 104 112 113 121 123 121 121 119 118 118 117 116 2005 : 121 119 122 125 125 119 115 116 119 121 120 121 120 2006 : 122 120 115 111 112 116 116 116 -------------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year. Indexes of Prices Received by Farmers, by Month and Annual Average, United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Dairy Products : : 1910-14 = 100 : 2002 : 836 805 774 768 744 707 682 694 713 744 731 731 744 2003 : 725 701 676 676 676 676 744 817 891 922 885 848 770 2004 : 811 836 953 1112 1186 1118 989 916 953 959 996 1008 986 2005 : 989 946 953 934 903 885 910 910 940 959 928 910 931 2006 : 891 830 774 744 737 731 731 777 : : 1990-92 = 100 : 2002 : 104 100 96 96 93 88 85 87 89 93 91 91 93 2003 : 90 87 84 84 84 84 93 102 111 115 110 106 96 2004 : 101 104 119 139 148 139 123 114 119 119 124 126 123 2005 : 123 118 119 116 113 110 113 113 117 119 116 113 116 2006 : 111 103 96 93 92 91 91 97 : : Poultry and Eggs : : 1910-14 = 100 : 2002 : 295 271 271 244 257 280 265 262 258 243 269 270 265 2003 : 303 291 291 279 289 307 307 316 322 330 350 339 310 2004 : 373 390 414 392 397 411 406 367 330 322 331 332 372 2005 : 343 337 342 341 344 345 353 350 359 334 341 329 343 2006 : 304 290 302 273 270 311 309 354 : : 1990-92 = 100 : 2002 : 105 96 96 87 92 100 94 93 92 86 96 96 94 2003 : 108 104 104 99 103 109 109 112 115 118 124 121 111 2004 : 133 139 147 139 141 146 144 130 117 114 118 118 132 2005 : 122 120 122 121 122 123 126 125 134 125 127 123 124 2006 : 113 108 113 102 101 116 116 110 -------------------------------------------------------------------------------- 1/ Simple average required for parity regulations. Weighted 1990-92 average equals 100. Average is year-to-date for current year. Reliability of Prices Received Estimates Definition: Prices received represent sales from producers to first buyers. They include all grades and qualities. The average commodity price from the survey multiplied by the total quantity marketed theoretically should give the total cash receipts for the commodity. Survey Procedures: Primary sales data used to determine grain prices were obtained from probability samples of about 2000 mills and elevators. These procedures ensure that virtually all grain moving into commercial channels has a chance of being included in the survey. Generally, States surveyed account for 90 percent or more of total U.S. production. Livestock prices are obtained from packers, stockyards, auctions, dealers, and market check data from AMS-USDA, private marketing organizations, and state commodity groups and agencies. Inter-farm sales of grain and livestock are not included since they represent very small percentages of the total marketings. Grain marketed for seed is also excluded. Fruit and vegetable prices are obtained from sample surveys and market check data from AMS-USDA, private marketing organizations, state agencies, and universities. Summary and Estimation Procedures: Survey quantities sold are expanded by strata to state levels and used to weight average strata prices to a state average. State prices are then weighted to a U.S. price based on expanded marketings. Recommendations are prepared by the State Field Offices and reviewed by the Agricultural Statistics Board in Washington, D.C. State recommendations are reviewed for reasonableness with survey data, other States, and recent historic estimates. Revisions: For most items, the current month's preliminary price represents a 3-5 day period around the 15th of the month. Previous month's prices represent actual dollars received for quantities sold during the entire month. Revisions are published in monthly issues of Agricultural Prices. Reliability: U.S. price estimates based on probability surveys generally have a sampling error of less than one percent for the major commodities such as corn, wheat, soybeans, cotton, and rice. Current methods of summarization for non-probability commodities are not designed directly to calculate sampling errors. However, analytical measures approximate the U.S. relative sampling errors at around five percent. Any nonsampling errors are attributed to such things as the inability to obtain correct information, differences in interpreting questions or definitions, mistakes in coding or processing the data, etc. Efforts are made at each step in the survey process to minimize these nonsampling errors. Prices Paid by Farmers The July Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) at 148 (1990-92=100), increased 1 point from June 2006 and increased 5.0 percent from July 2005. PRODUCTION INDEX: The July index, at 147, increased 0.7 percent from last month and increased 5.0 percent from last year. Higher prices in July for feeder cattle, gasoline, feed grains, and diesel fuel more than offset lower prices for feeder pigs, nitrogen fertilizers, milk cows, and herbicides. Feed: The July index, at 124, increased 0.8 percent from June and 1.6 percent from last July. Since June, slightly higher prices for feed grains, complete feeds, feed concentrates, and feed supplements more than offset lower prices for hay & forages. Livestock & Poultry: The July index for livestock and poultry purchases, at 137, increased 4.6 percent from last month and increased 0.7 percent from last year. Since June, higher prices for feeder cattle more than offset lower prices for feeder pigs and milk cows. The July feeder cattle price, at $118.00 per cwt, is up $8.70 per cwt from the June price. July feeder pigs averaged $114.00 per cwt, down $9.00 per cwt from June. Fertilizer: The July index, at 173, is down 1.1 percent from June but 7.5 percent above July a year ago. Since June, prices are lower for nitrogen, mixed, and potash & phosphorus fertilizers. Agricultural Chemicals: The July index, at 126, decreased 1.6 percent from June but increased 3.3 percent from last year. Since June, prices are lower for herbicides, insecticides, and fungicides. Fuels: The July index, at 265, is up 1.5 percent from a month earlier and 20 percent above July 2005. Compared with last month, prices are higher for gasoline, diesel fuel, and LP gas. Farm Machinery: The July index, at 182, is unchanged from June but 5.2 percent above last July. CONSUMER PRICE INDEX: The June 2006 Consumer Price Index for all urban consumers (CPI-U) increased 0.2 percent before seasonal adjustment to a level of 202.9 (1982-84=100). This compares with the May index of 202.5. For the 12-month period ending in June, the overall index has increased 4.3 percent. Indexes of Prices Paid by Farmers and Related Parity Ratios United States, July 2006 With Comparisons -------------------------------------------------------------------------------- : 1910-14 = 100 : 1990-92 = 100 Indexes :---------------------------------------------- and : 2005 : 2006 : 2005 : 2006 Ratios :---------------------------------------------- : Jul : Jun : Jul : Jul : Jun : Jul : Prices Paid by Farmers for : Commodities & Services, : Interest, Taxes, & Wage : Rates (PPITW) : 1,872 1,960 1,968 141 147 148 Production : 1,356 1,420 1,428 140 146 147 Feed : 598 601 604 122 123 124 Livestock & Poultry : 1,733 1,668 1,753 136 131 137 Seeds : 1,694 1,838 1,838 171 186 186 Fertilizer : 590 642 635 161 175 173 Agricultural Chemicals : 753 789 779 122 128 126 Fuels : 1,697 2,014 2,047 220 261 265 Farm Supplies & Repairs : 1,006 1,034 1,034 142 146 146 Autos & Trucks : 2,991 2,985 2,972 112 112 112 Farm Machinery : 4,331 4,562 4,562 173 182 182 Building Materials : 1,921 2,066 2,070 141 152 152 Farm Services & Rent : 1,517 1,574 1,574 Farm Services : 129 133 133 Rent : 125 131 131 Interest 1/ : 2,731 2,981 2,981 109 119 119 Taxes 2/ : 3,383 3,426 3,426 126 128 128 Wage Rates : 6,061 6,326 6,326 162 169 169 Production, Interest, Taxes, : & Wage Rates (PITW) : 1,876 1,968 1,977 140 146 147 Family Living-CPI 3/ : 1,856 1,927 1,927 145 151 151 : : :---------------------------------------------- Ratio (Received\Paid) : 82 80 79 Parity Ratio 4/ : 39 38 38 Parity Ratio Adjusted 5/ : 43 41 41 PPITW Adjusted for : Productivity 6/ : 1,236 1,283 1,284 : : :---------------------------------------------- Crop Sector (PPITW) : 144 152 152 Livestock Sector (PPITW) : 137 142 143 : : :---------------------------------------------- Farm Sector (Production) : 135 136 138 Non-Farm Sector (Production) : 142 152 152 -------------------------------------------------------------------------------- 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 1.079 for 2006 and the revised factor is 1.096 for 2005. 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, July 2006 With Comparisons -------------------------------------------------------------------------------- : : Input Indexes : Relative Weights :--------------------------- Index :5-Year Moving Average 1/ : 2005 : 2006 :----------------------------------------------------- : 2005 : 2006 : Jul : Jun : Jul -------------------------------------------------------------------------------- : ---- Percent ---- ---- (1990-92=100) --- : Production Items : 66.4 66.8 140 146 147 : Feed : 10.7 10.9 122 123 124 Feed Grains : 1.5 1.6 93 95 98 Complete Feeds : 5.2 5.3 122 120 120 Hay/Forages : 1.3 1.4 127 141 139 Concentrates : 1.7 1.7 139 130 130 Supplements : 0.9 0.9 141 150 151 Livestock & Poultry : 7.7 7.6 136 131 137 Feeder Cattle : 6.0 6.0 137 129 139 Feeder Pigs : 0.6 0.6 115 134 124 Milk Cow Replacements : 0.6 0.6 162 157 149 Poultry : 0.5 0.5 109 109 109 Seeds : 3.5 3.6 171 186 186 Field Crops : 3.2 3.3 177 191 191 Grasses/Legumes : 0.3 0.3 118 133 133 Fertilizer : 4.3 4.3 161 175 173 Mixed Fertilizer : 1.9 1.9 137 149 147 Nitrogen : 1.8 1.8 186 203 200 Potash & Phosphate : 0.6 0.6 162 175 174 Agricultural Chemicals : 3.6 3.5 122 128 126 Herbicides : 2.3 2.2 115 124 122 Insecticides : 0.8 0.8 142 140 139 Fungicides/Other : 0.5 0.5 120 125 123 Fuels : 2.7 2.9 220 261 265 Diesel : 1.6 1.7 230 251 253 Gasoline : 0.8 0.8 209 273 282 LP Gas : 0.4 0.4 202 279 284 Farm Supplies & Repairs : 5.2 5.0 142 146 146 Supplies : 1.7 1.7 132 142 142 Repairs : 3.5 3.3 146 148 148 Autos & Trucks : 1.8 1.8 112 112 112 Autos : 0.2 0.2 107 109 108 Trucks : 1.5 1.6 113 113 112 Farm Machinery : 4.0 4.4 173 182 182 Tractors : 0.9 1.0 155 159 159 Self-Propelled : 1.6 1.7 178 192 192 Other Machinery : 1.5 1.7 177 185 185 Building Materials : 3.6 4.0 141 152 152 Farm Services : 12.4 12.2 129 133 133 Custom Rates : 1.3 1.3 121 123 123 Other Services : 11.1 10.9 130 134 134 Rent : 6.9 6.7 125 131 131 Cash : 3.7 3.6 151 159 159 Share : 3.2 3.1 94 98 98 Interest : 4.5 4.2 109 119 119 Taxes : 2.9 2.9 126 128 128 Wage Rates : 7.6 7.8 162 169 169 Family Living-CPI : 18.6 18.4 145 151 151 -------------------------------------------------------------------------------- 1/ Weights may not add due to rounding. Feed Price Ratios: United States, July 2006 with Comparisons -------------------------------------------------------------------------------- : 2005 : 2006 Feed Price Ratio 1/ :----------------------------- : Jul : Jun : Jul -------------------------------------------------------------------------------- : Broiler-Feed: Pounds of Broiler Grower Feed : equal in value to 1 pound of broiler, live weight : 6.4 *6.3 6.5 : Market Egg Feed: Pounds of Laying Feed equal in : Value to 1 dozen eggs : 5.9 *7.1 4.7 : Hog-Corn: Bushels of Corn equal in value to : 100 pounds of hog, live weight : 23.6 *25.1 22.5 : Milk-Feed: Pounds of 16% Mixed Dairy Feed equal : in value to 1 pound of Whole Milk : 2.93 *2.35 2.35 : Steer & Heifer-Corn: Bushels of Corn equal : in value to 100 pounds of Steer & Heifers, : 41.8 *41.4 41.1 live weight : : Turkey-Feed: Pounds of Turkey Grower equal in : value to 1 pound of Turkey, live weight : 7.3 *7.7 7.7 -------------------------------------------------------------------------------- * Revised. 1/ Effective January 1995, prices of commercial prepared feeds are based on current U.S. prices received for corn, soybeans, alfalfa hay, and all wheat. Prices Used to Calculate Feed Price Ratios: United States, July 2006 with Comparisons -------------------------------------------------------------------------------- : : 2005 : 2006 Commodity : Unit :------------------------------------------- : : Jul : Jun : Jul -------------------------------------------------------------------------------- Broilers, Live : Lb : 0.440 0.390 0.400 Eggs, Market : Doz : 0.329 0.370 0.248 : : Hogs, All : Cwt : 49.80 *53.80 49.40 Milk, All : Cwt : 14.80 *11.90 11.90 : : Steers and Heifers : Cwt : 88.20 *88.50 90.40 Turkeys, Live : Lb : 0.446 0.458 0.464 : : Corn : Bu : 2.11 *2.14 2.20 Hay, Alfalfa, Baled : Ton : 109.00 115.00 113.00 : : Soybeans : Bu : 6.65 *5.61 5.60 Wheat, All : Bu : 3.20 *4.01 4.09 -------------------------------------------------------------------------------- * Revised. Feeder Livestock: Prices Paid, United States July 2006 with Comparisons -------------------------------------------------------------------------------- : : 2005 : 2006 Commodity : Unit :------------------------------------------- : : Jul : Jun : Jul -------------------------------------------------------------------------------- : : Dollars : : Feeders and Stockers : : Cattle and Calves : Cwt : 115.90 109.30 118.00 Feeder Pigs : Cwt : 106.00 123.00 114.00 -------------------------------------------------------------------------------- Prices Paid Indexes: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : 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 : 2002 :1628 1628 1635 1640 1634 1637 1640 1648 1657 1666 1662 1666 1645 2003 :1681 1695 1701 1697 1691 1694 1688 1688 1704 1716 1719 1716 1699 2004 :1731 1736 1754 1773 1789 1790 1791 1786 1788 1801 1795 1780 1776 2005 :1817 1822 1845 1857 1856 1869 1872 1877 1894 1923 1901 1906 1870 2006 :1945 1935 1934 1950 1954 1960 1968 1950 : : 1990-92 = 100 : 2002 : 122 122 123 123 123 123 123 124 125 125 125 125 124 2003 : 126 127 128 127 127 127 127 127 128 129 129 129 128 2004 : 130 130 132 133 134 134 135 134 134 135 135 134 133 2005 : 137 137 139 139 139 140 141 141 142 144 143 143 140 2006 : 146 145 145 146 147 147 148 146 : : Items Used for Production, Interest, Taxes, and Wage Rates : (PITW) : : 1910-14 = 100 : 2002 :1616 1615 1621 1625 1618 1621 1625 1634 1644 1653 1648 1655 1631 2003 :1671 1686 1690 1686 1680 1682 1675 1673 1692 1707 1711 1708 1689 2004 :1724 1728 1748 1770 1787 1787 1789 1783 1784 1799 1790 1774 1772 2005 :1819 1823 1847 1859 1859 1874 1876 1879 1895 1930 1906 1914 1873 2006 :1959 1946 1942 1958 1961 1968 1977 1959 : : 1990-92 = 100 : 2002 : 120 120 121 121 120 121 121 122 122 123 123 123 121 2003 : 124 125 126 126 125 125 125 125 126 127 127 127 126 2004 : 128 129 130 132 133 133 133 133 133 134 133 132 132 2005 : 135 136 137 138 138 139 140 140 141 144 142 142 139 2006 : 146 145 145 146 146 146 147 146 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Items Used for Production : : 1910-14 = 100 : 2002 :1139 1138 1143 1149 1143 1146 1154 1162 1171 1172 1168 1173 1155 2003 :1182 1194 1198 1198 1193 1195 1193 1192 1209 1219 1223 1220 1201 2004 :1226 1229 1247 1270 1285 1285 1291 1285 1286 1294 1286 1271 1271 2005 :1297 1301 1322 1341 1341 1354 1356 1359 1373 1399 1378 1385 1350 2006 :1406 1395 1392 1412 1414 1420 1428 1410 : : 1990-92 = 100 : 2002 : 117 117 118 118 118 118 119 120 121 121 120 121 119 2003 : 122 123 124 123 123 123 123 123 125 126 126 126 124 2004 : 126 127 129 131 132 132 133 132 133 133 133 131 131 2005 : 134 134 136 138 138 140 140 140 141 144 142 143 139 2006 : 145 144 143 146 146 146 147 145 : : Feed : : 1910-14 = 100 : 2002 : 529 524 530 534 529 539 555 568 576 566 557 556 547 2003 : 556 559 556 555 560 556 541 523 546 545 576 574 554 2004 : 573 592 606 639 658 632 626 583 567 543 533 525 590 2005 : 545 538 559 568 575 591 598 593 578 572 561 576 571 2006 : 593 591 599 602 604 601 604 599 : : 1990-92 = 100 : 2002 : 108 107 109 109 108 110 114 116 118 116 114 114 112 2003 : 114 114 114 114 115 114 111 107 112 112 118 117 113 2004 : 117 121 124 131 135 129 128 119 116 111 109 108 121 2005 : 112 110 115 116 118 121 122 122 118 117 115 118 117 2006 : 121 121 123 123 124 123 124 123 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Livestock and Poultry : : 1910-14 = 100 : 2002 :1394 1405 1361 1301 1251 1213 1223 1245 1259 1287 1341 1395 1306 2003 :1340 1298 1254 1308 1303 1322 1353 1371 1492 1604 1564 1521 1394 2004 :1441 1405 1472 1548 1615 1715 1740 1756 1766 1798 1752 1706 1643 2005 :1709 1709 1759 1806 1789 1782 1733 1704 1769 1887 1901 1885 1786 2006 :1850 1800 1704 1702 1640 1668 1753 1731 : : 1990-92 = 100 : 2002 : 109 110 106 102 98 95 96 97 99 101 105 109 102 2003 : 105 102 98 102 102 103 106 107 117 125 122 119 109 2004 : 113 110 115 121 126 134 136 137 138 141 137 133 129 2005 : 134 134 138 141 140 139 136 133 138 148 149 147 140 2006 : 145 141 133 133 128 131 137 135 : : Seeds : : 1910-14 = 100 : 2002 :1329 1329 1329 1426 1426 1426 1426 1426 1426 1426 1426 1426 1402 2003 :1426 1426 1426 1553 1553 1553 1553 1553 1553 1553 1553 1553 1522 2004 :1553 1553 1553 1564 1564 1564 1564 1564 1564 1564 1564 1564 1562 2005 :1564 1564 1564 1694 1694 1694 1694 1694 1694 1694 1694 1694 1661 2006 :1694 1694 1694 1838 1838 1838 1838 1776 : : 1990-92 = 100 : 2002 : 134 134 134 144 144 144 144 144 144 144 144 144 142 2003 : 144 144 144 157 157 157 157 157 157 157 157 157 154 2004 : 157 157 157 158 158 158 158 158 158 158 158 158 158 2005 : 158 158 158 171 171 171 171 171 171 171 171 171 168 2006 : 171 171 171 186 186 186 186 179 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Fertilizer : : 1910-14 = 100 : 2002 : 394 395 394 391 392 397 394 393 391 394 398 400 394 2003 : 412 427 463 471 466 454 449 453 457 461 463 469 454 2004 : 481 493 504 502 496 500 504 516 523 539 550 556 514 2005 : 562 564 565 579 587 592 590 592 611 644 662 683 603 2006 : 696 678 661 659 650 642 635 660 : : 1990-92 = 100 : 2002 : 108 108 107 107 107 108 107 107 107 107 109 109 108 2003 : 112 117 126 129 127 124 123 124 125 126 126 128 124 2004 : 131 134 137 137 135 136 138 141 143 147 150 152 140 2005 : 153 154 154 158 160 161 161 162 167 176 181 186 164 2006 : 190 185 180 180 177 175 173 180 : : Agricultural Chemicals : : 1910-14 = 100 : 2002 : 739 731 735 733 734 736 738 739 741 736 738 750 738 2003 : 752 752 744 746 746 747 747 746 746 748 750 744 747 2004 : 745 747 747 745 745 746 749 748 749 746 745 746 747 2005 : 752 746 746 747 748 750 753 759 763 767 766 763 755 2006 : 781 781 773 777 799 789 779 783 : : 1990-92 = 100 : 2002 : 120 118 119 119 119 119 119 120 120 119 119 121 119 2003 : 122 122 120 121 121 121 121 121 121 121 121 120 121 2004 : 121 121 121 121 121 121 121 121 121 121 121 121 121 2005 : 122 121 121 121 121 121 122 123 123 124 124 123 122 2006 : 126 126 125 126 129 128 126 127 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Fuels : : 1910-14 = 100 : 2002 : 644 661 783 878 852 836 868 900 997 1074 949 950 866 2003 :1080 1322 1371 1105 983 1011 1020 1050 1012 1054 988 1001 1083 2004 :1121 1055 1096 1168 1226 1156 1236 1303 1333 1553 1492 1271 1251 2005 :1316 1393 1593 1624 1556 1636 1697 1797 1947 2188 1723 1716 1682 2006 :1698 1599 1681 1882 1954 2014 2047 1839 : : 1990-92 = 100 : 2002 : 83 86 101 114 110 108 112 117 129 139 123 123 112 2003 : 140 171 178 143 127 131 132 136 131 137 128 130 140 2004 : 145 137 142 151 159 150 160 169 173 201 193 165 162 2005 : 170 180 206 210 202 212 220 233 252 284 223 222 218 2006 : 220 207 218 244 253 261 265 238 : : Farm Supplies and Repairs : : 1910-14 = 100 : 2002 : 915 918 917 925 927 927 929 929 929 935 935 935 927 2003 : 930 930 931 935 936 936 940 940 940 944 942 942 937 2004 : 953 953 951 959 960 960 963 963 969 973 974 977 963 2005 : 994 994 994 1001 1003 1003 1006 1014 1016 1018 1022 1024 1008 2006 :1025 1029 1031 1034 1035 1034 1034 1032 : : 1990-92 = 100 : 2002 : 129 129 129 130 131 131 131 131 131 132 132 132 131 2003 : 131 131 131 132 132 132 132 132 132 133 133 133 132 2004 : 134 134 134 135 135 135 136 136 136 137 137 138 136 2005 : 140 140 140 141 141 141 142 143 143 143 144 144 142 2006 : 144 145 145 146 146 146 146 145 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Autos and Trucks : : 1910-14 = 100 : 2002 :3146 3107 3093 3086 3073 3061 3054 3041 3059 3076 3093 3099 3082 2003 :3083 3074 3076 3061 3047 3029 3018 3020 3016 3014 3040 3050 3044 2004 :3052 3060 3046 3042 3029 3021 2994 2969 2969 2985 3034 3067 3022 2005 :3091 3093 3071 3062 3060 3042 2991 2959 2974 3000 3016 3019 3031 2006 :3036 3040 3031 3019 2999 2985 2972 3012 : : 1990-92 = 100 : 2002 : 118 117 116 116 116 115 115 114 115 116 116 117 116 2003 : 116 116 116 115 115 114 113 114 113 113 114 115 114 2004 : 115 115 115 114 114 114 113 112 112 112 114 115 114 2005 : 116 116 115 115 115 114 112 111 112 113 113 114 114 2006 : 114 114 114 114 113 112 112 113 : : Farm Machinery : : 1910-14 = 100 : 2002 :3668 3674 3694 3700 3703 3699 3704 3705 3719 3724 3730 3730 3704 2003 :3731 3732 3733 3737 3751 3766 3784 3815 3831 3846 3861 3875 3788 2004 :3901 3919 4049 4040 4048 4042 4049 4049 4108 4134 4188 4215 4062 2005 :4247 4290 4286 4282 4301 4315 4331 4350 4363 4376 4400 4416 4330 2006 :4459 4479 4499 4511 4562 4562 4562 4519 : : 1990-92 = 100 : 2002 : 146 146 147 147 148 147 148 148 148 148 149 149 148 2003 : 149 149 149 149 150 150 151 152 153 153 154 154 151 2004 : 156 156 161 161 161 161 161 161 164 165 167 168 162 2005 : 169 171 171 171 171 172 173 173 174 174 175 176 173 2006 : 178 179 179 180 182 182 182 180 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Building Materials : : 1910-14 = 100 : 2002 :1642 1642 1647 1652 1655 1656 1658 1669 1663 1658 1653 1652 1654 2003 :1655 1663 1665 1671 1671 1672 1679 1680 1694 1696 1701 1701 1679 2004 :1704 1738 1757 1800 1824 1824 1831 1856 1868 1867 1866 1872 1817 2005 :1892 1910 1914 1917 1913 1918 1921 1917 1935 1959 1976 1986 1930 2006 :2013 2022 2028 2037 2062 2066 2070 2043 : : 1990-92 = 100 : 2002 : 121 121 121 122 122 122 122 123 122 122 122 122 122 2003 : 122 122 123 123 123 123 124 124 125 125 125 125 124 2004 : 125 128 129 133 134 134 135 137 137 137 137 138 134 2005 : 139 141 141 141 141 141 141 141 142 144 145 146 142 2006 : 148 149 149 150 152 152 152 150 : : Farm Services and Rent 2/ : : 1910-14 = 100 : 2002 :1422 1422 1421 1420 1421 1432 1432 1433 1432 1426 1424 1425 1426 2003 :1440 1441 1441 1444 1446 1455 1457 1457 1457 1447 1442 1442 1447 2004 :1448 1447 1448 1449 1452 1463 1463 1466 1465 1456 1453 1452 1455 2005 :1496 1496 1496 1498 1502 1515 1517 1516 1518 1511 1510 1510 1507 2006 :1552 1554 1557 1556 1559 1574 1574 1561 : : Farm Services : : 1990-92 = 100 : 2002 : 120 120 120 119 120 121 121 121 121 120 120 120 120 2003 : 121 122 122 122 122 123 124 124 124 122 122 122 122 2004 : 123 122 123 123 123 125 125 125 125 124 123 123 123 2005 : 126 126 126 127 127 129 129 129 129 128 128 128 128 2006 : 130 130 131 131 131 133 133 131 : : Rent : : 1990-92 = 100 : 2002 : 119 119 119 119 119 119 119 119 119 119 119 119 119 2003 : 120 120 120 120 120 120 120 120 120 120 120 120 120 2004 : 120 120 120 120 120 120 120 120 120 120 120 120 120 2005 : 125 125 125 125 125 125 125 125 125 125 125 125 125 2006 : 131 131 131 131 131 131 131 131 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. 2/ For the 1990-92=100 base period, the Farm Services and Rent Index is separated. Prices Paid Indexes: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Interest : : 1910-14 = 100 : 2002 :2619 2619 2619 2619 2619 2619 2619 2619 2619 2619 2619 2619 2619 2003 :2566 2566 2566 2566 2566 2566 2566 2566 2566 2566 2566 2566 2566 2004 :2597 2597 2597 2597 2597 2597 2597 2597 2597 2597 2597 2597 2597 2005 :2731 2731 2731 2731 2731 2731 2731 2731 2731 2731 2731 2731 2731 2006 :2981 2981 2981 2981 2981 2981 2981 2981 : : 1990-92 = 100 : 2002 : 104 104 104 104 104 104 104 104 104 104 104 104 104 2003 : 102 102 102 102 102 102 102 102 102 102 102 102 102 2004 : 104 104 104 104 104 104 104 104 104 104 104 104 104 2005 : 109 109 109 109 109 109 109 109 109 109 109 109 109 2006 : 119 119 119 119 119 119 119 119 : : Taxes : : 1910-14 = 100 : 2002 :3387 3387 3387 3387 3387 3387 3387 3387 3387 3387 3387 3387 3387 2003 :3368 3368 3368 3368 3368 3368 3368 3368 3368 3368 3368 3368 3368 2004 :3339 3339 3339 3339 3339 3339 3339 3339 3339 3339 3339 3339 3339 2005 :3383 3383 3383 3383 3383 3383 3383 3383 3383 3383 3383 3383 3383 2006 :3426 3426 3426 3426 3426 3426 3426 3426 : : 1990-92 = 100 : 2002 : 126 126 126 126 126 126 126 126 126 126 126 126 126 2003 : 126 126 126 126 126 126 126 126 126 126 126 126 126 2004 : 125 125 125 125 125 125 125 125 125 125 125 125 125 2005 : 126 126 126 126 126 126 126 126 126 126 126 126 126 2006 : 128 128 128 128 128 128 128 128 : : Wage Rates : : 1910-14 = 100 : 2002 :5796 5796 5796 5705 5705 5705 5537 5537 5537 5783 5783 5783 5705 2003 :6035 6035 6035 5919 5919 5919 5738 5738 5738 5848 5848 5848 5885 2004 :6080 6080 6080 5964 5964 5964 5841 5841 5841 6022 6022 6022 5977 2005 :6319 6319 6319 6041 6041 6041 6061 6061 6061 6209 6209 6209 6158 2006 :6526 6526 6526 6326 6326 6326 6326 6412 : : 1990-92 = 100 : 2002 : 155 155 155 153 153 153 148 148 148 155 155 155 153 2003 : 161 161 161 158 158 158 153 153 153 156 156 156 157 2004 : 163 163 163 159 159 159 156 156 156 161 161 161 160 2005 : 169 169 169 161 161 161 162 162 162 166 166 166 165 2006 : 174 174 174 169 169 169 169 171 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Indexes: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Family Living : : 1910-14 = 100 : 2002 :1682 1689 1698 1708 1708 1709 1711 1716 1719 1722 1722 1718 1709 2003 :1726 1739 1749 1746 1743 1745 1747 1753 1759 1757 1752 1750 1747 2004 :1759 1768 1780 1786 1796 1802 1799 1800 1804 1813 1814 1807 1794 2005 :1811 1822 1836 1848 1846 1847 1856 1865 1888 1892 1877 1869 1855 2006 :1883 1887 1898 1914 1923 1927 1927 1908 : : 1990-92 = 100 : 2002 : 131 132 133 133 133 133 134 134 134 134 134 134 133 2003 : 135 136 137 136 136 136 136 137 137 137 137 137 136 2004 : 137 138 139 139 140 141 141 141 141 142 142 141 140 2005 : 141 142 143 144 144 144 145 146 147 148 147 146 145 2006 : 147 147 148 149 150 151 151 149 : : Production Items With Farm Origin 2/ : : 1990-92 = 100 : 2002 : 112 112 112 112 110 110 112 114 116 115 116 117 113 2003 : 115 115 113 116 117 117 116 115 120 123 125 124 118 2004 : 122 123 126 132 135 136 136 132 130 129 126 124 129 2005 : 127 126 130 134 134 135 135 134 134 136 136 137 133 2006 : 138 136 134 137 135 136 138 136 : : Production Items With Non-Farm Origin 3/ : : 1990-92 = 100 : 2002 : 120 120 121 121 121 122 122 122 123 123 123 123 122 2003 : 125 127 128 127 126 126 126 127 127 127 126 127 127 2004 : 128 129 130 130 131 131 132 133 134 136 136 134 132 2005 : 137 138 140 140 140 142 142 143 145 148 145 146 142 2006 : 149 148 148 150 151 152 152 150 -------------------------------------------------------------------------------- 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: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Parity Ratio 2/ : : 1910-14 = 100 : 2002 : 37 38 41 36 37 38 38 38 38 36 37 37 38 2003 : 38 37 37 38 40 40 40 41 41 42 43 42 40 2004 : 41 42 44 45 46 46 44 43 41 40 41 40 43 2005 : 39 40 41 41 41 40 39 39 39 37 38 38 39 2006 : 37 37 37 37 37 38 38 37 : : Adjusted Parity Ratio 3/ : : 1910-14 = 100 : 2002 : 39 41 43 39 39 40 40 41 40 38 39 39 40 2003 : 41 40 40 41 43 43 43 44 45 45 46 46 43 2004 : 43 45 47 47 48 48 47 45 44 42 43 42 45 2005 : 43 44 45 45 45 44 43 43 43 40 41 42 43 2006 : 40 40 40 39 40 41 41 40 : : Ratio : : 1990-92 = 100 : 2002 : 78 80 85 76 78 79 80 81 78 76 78 78 79 2003 : 79 78 77 80 83 84 83 86 87 88 90 89 84 2004 : 86 89 92 94 96 96 93 90 87 84 85 83 90 2005 : 81 83 86 86 85 84 82 82 81 77 79 80 82 2006 : 77 78 78 77 78 80 79 78 -------------------------------------------------------------------------------- 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 government payments to the index of prices paid for commodities and services, interest, taxes, and wage rates. Prices Paid Indexes: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Crop Sector (PPITW) : : 1990-92 = 100 : 2002 : 124 125 125 126 126 126 126 126 127 128 127 127 126 2003 : 129 131 132 131 130 131 130 130 131 131 131 131 131 2004 : 133 133 134 134 135 135 135 136 136 138 138 137 135 2005 : 140 141 142 143 142 143 144 144 146 148 146 147 144 2006 : 150 149 150 151 152 152 152 151 : : Livestock Sector (PPITW) : : 1990-92 = 100 : 2002 : 120 120 120 120 119 119 120 121 122 122 122 123 121 2003 : 123 124 123 123 123 123 123 123 125 126 127 126 124 2004 : 127 127 129 132 134 134 134 132 132 132 132 130 131 2005 : 133 133 135 136 136 137 137 137 138 141 139 140 137 2006 : 142 141 141 142 141 142 143 142 : : Commodities and Services, Interest, Taxes, and Wage Rates : : Adjusted for Productivity : : 1910-14 = 100 : 2002 :1139 1140 1143 1139 1138 1139 1128 1130 1132 1151 1150 1151 1140 2003 :1173 1177 1180 1170 1169 1170 1156 1157 1161 1170 1170 1169 1169 2004 :1202 1204 1209 1205 1209 1210 1201 1201 1202 1218 1217 1214 1208 2005 :1238 1241 1246 1230 1230 1232 1236 1238 1244 1260 1254 1254 1242 2006 :1289 1287 1289 1279 1281 1283 1284 1285 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Feed Sub-Components : : Feed Grains : 1990-92 = 100 : 2002 : 86 84 85 83 84 88 94 104 107 103 101 103 94 2003 : 102 103 102 102 104 101 94 95 96 94 97 101 99 2004 : 104 113 119 124 123 119 108 101 94 91 88 87 106 2005 : 90 84 87 86 85 90 93 86 84 79 78 83 85 2006 : 87 88 90 93 96 95 98 92 : : Complete Feeds : 1990-92 = 100 : 2002 : 111 110 111 112 110 113 115 116 118 117 116 115 114 2003 : 115 114 114 112 112 112 111 107 111 111 118 119 113 2004 : 119 123 122 130 132 130 131 123 120 113 111 108 122 2005 : 111 112 114 116 118 119 122 123 120 119 116 117 117 2006 : 123 121 122 121 120 120 120 121 : : Hay and Forages : 1990-92 = 100 : 2002 : 120 118 119 125 127 121 118 119 119 121 120 120 121 2003 : 121 122 120 125 123 122 113 109 108 109 106 105 115 2004 : 106 107 108 116 129 122 119 118 118 119 116 113 116 2005 : 115 115 121 128 132 128 127 127 125 126 119 120 124 2006 : 120 125 127 139 147 141 139 134 : : Concentrates : 1990-92 = 100 : 2002 : 105 102 105 104 106 109 118 121 121 110 105 104 109 2003 : 104 110 110 112 118 115 114 106 123 123 137 127 117 2004 : 125 126 143 149 159 140 142 118 114 107 105 104 128 2005 : 114 113 122 124 128 140 139 137 130 128 127 134 128 2006 : 133 131 131 130 129 130 130 131 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Supplements : 1990-92 = 100 : 2002 : 123 124 124 123 118 123 126 128 129 133 134 135 127 2003 : 135 134 134 131 129 132 130 126 127 130 135 135 131 2004 : 135 134 135 138 136 136 134 131 135 133 135 138 135 2005 : 146 135 142 140 133 137 141 137 136 138 145 151 140 2006 : 154 151 158 153 150 150 151 152 : : Livestock and Poultry Sub-Components : : Feeder Cattle : 1990-92 = 100 : 2002 : 102 103 99 95 92 91 94 96 98 100 102 105 98 2003 : 99 96 92 99 99 102 107 111 122 130 126 122 109 2004 : 113 107 113 119 126 137 139 141 141 143 137 130 129 2005 : 129 129 133 137 138 140 137 135 140 150 150 146 139 2006 : 143 139 129 131 126 129 139 134 : : Feeder Pigs : 1990-92 = 100 : 2002 : 138 146 138 111 88 59 52 46 40 73 102 126 93 2003 : 138 127 123 119 109 104 82 64 73 97 94 96 102 2004 : 104 120 125 126 122 116 109 108 116 129 150 175 125 2005 : 185 186 195 194 164 139 115 110 122 139 148 170 156 2006 : 174 163 163 150 137 134 124 149 : : Milk Cow Replacements : 1990-92 = 100 : 2002 : 143 143 143 152 152 152 148 148 148 127 127 127 143 2003 : 122 122 122 115 115 115 116 116 116 122 122 122 119 2004 : 123 123 123 140 140 140 152 152 152 145 145 145 140 2005 : 144 144 144 157 157 157 162 162 162 166 166 166 157 2006 : 163 163 163 157 157 157 149 158 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Poultry : 1990-92 = 100 : 2002 : 111 111 111 111 111 111 111 111 111 111 111 111 111 2003 : 110 110 110 110 110 110 110 110 110 110 110 110 110 2004 : 112 112 112 112 112 112 112 112 112 112 112 112 112 2005 : 109 109 109 109 109 109 109 109 109 109 109 109 109 2006 : 109 109 109 109 109 109 109 109 : : Seeds Sub-Components : : Field Crops : 1990-92 = 100 : 2002 : 136 136 136 147 147 147 147 147 147 147 147 147 144 2003 : 147 147 147 162 162 162 162 162 162 162 162 162 158 2004 : 162 162 162 163 163 163 163 163 163 163 163 163 163 2005 : 163 163 163 177 177 177 177 177 177 177 177 177 173 2006 : 177 177 177 191 191 191 191 185 : : Grasses and Legumes : 1990-92 = 100 : 2002 : 118 118 118 118 118 118 118 118 118 118 118 118 118 2003 : 118 118 118 109 109 109 109 109 109 109 109 109 111 2004 : 109 109 109 111 111 111 111 111 111 111 111 111 110 2005 : 111 111 111 118 118 118 118 118 118 118 118 118 116 2006 : 118 118 118 133 133 133 133 126 : : Fertilizer Sub-Components : : Mixed Fertilizer : 1990-92 = 100 : 2002 : 105 104 104 104 104 104 105 105 106 106 106 106 105 2003 : 107 107 112 113 113 113 113 113 114 114 115 115 112 2004 : 117 119 122 122 122 122 122 124 125 128 130 130 124 2005 : 133 133 134 135 136 135 137 137 143 146 147 148 139 2006 : 149 149 148 151 150 149 147 149 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Nitrogen : 1990-92 = 100 : 2002 : 111 111 110 110 110 113 111 110 108 110 113 115 111 2003 : 122 131 147 150 146 141 138 139 141 142 144 147 141 2004 : 152 156 158 157 153 156 158 163 164 170 174 176 161 2005 : 176 176 176 183 187 189 186 186 193 210 221 232 193 2006 : 237 227 217 213 206 203 200 215 : : Potash and Phosphate : 1990-92 = 100 : 2002 : 106 109 109 108 106 106 105 105 105 105 104 102 106 2003 : 102 103 112 113 113 108 107 110 110 111 110 111 109 2004 : 114 119 124 123 124 124 124 128 133 137 143 146 128 2005 : 150 152 152 155 156 162 162 166 164 165 166 170 160 2006 : 176 171 172 171 176 175 174 173 : : Agricultural Chemicals Sub-Components : : Herbicides : 1990-92 = 100 : 2002 : 112 111 112 112 111 111 111 111 112 110 110 112 111 2003 : 112 112 112 112 112 112 112 112 112 113 113 112 112 2004 : 113 113 113 113 113 113 114 113 113 113 113 113 113 2005 : 114 113 113 113 113 114 115 116 117 118 118 118 115 2006 : 121 122 120 121 125 124 122 122 : : Insecticides : 1990-92 = 100 : 2002 : 139 138 138 137 138 139 140 140 141 142 143 144 140 2003 : 145 146 146 147 147 148 147 147 146 146 146 145 146 2004 : 144 144 144 143 143 143 144 144 144 143 143 143 144 2005 : 144 143 143 143 143 142 142 142 142 142 141 140 142 2006 : 142 141 139 139 142 140 139 140 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Fungicides and Other : 1990-92 = 100 : 2002 : 120 120 119 119 120 121 121 122 123 123 124 124 121 2003 : 125 126 114 115 115 115 115 115 116 116 116 116 117 2004 : 116 116 117 116 117 117 118 118 118 118 118 119 117 2005 : 120 119 119 120 120 120 120 121 122 122 122 121 120 2006 : 124 124 122 123 127 125 123 124 : : Fuels Sub-Components : : Diesel : 1990-92 = 100 : 2002 : 84 86 100 110 106 104 110 114 130 139 120 121 110 2003 : 136 172 179 141 120 122 125 129 121 133 125 127 136 2004 : 140 132 138 149 151 143 154 170 178 210 202 172 162 2005 : 179 190 221 224 215 231 230 238 248 302 231 218 227 2006 : 212 206 212 259 241 251 253 233 : : Gasoline : 1990-92 = 100 : 2002 : 81 85 103 118 115 114 117 119 123 136 120 113 112 2003 : 132 156 168 140 131 136 137 142 145 134 123 120 139 2004 : 136 138 143 152 169 155 163 154 157 178 167 143 155 2005 : 152 163 182 192 187 188 209 225 253 246 195 201 199 2006 : 213 192 224 224 267 273 282 239 : : LP Gas : 1990-92 = 100 : 2002 : 87 88 107 121 118 113 113 124 139 149 142 152 121 2003 : 173 201 193 158 149 159 152 153 147 159 153 163 163 2004 : 188 157 157 158 170 167 178 197 186 212 211 182 180 2005 : 173 176 195 191 178 182 202 227 268 286 250 285 218 2006 : 269 241 231 220 274 279 284 257 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Farm Supplies & Repairs Sub-Components : : Supplies : 1990-92 = 100 : 2002 : 121 122 122 123 124 124 124 124 124 124 124 124 123 2003 : 124 124 124 124 124 124 125 125 125 125 125 126 125 2004 : 126 126 126 127 127 127 127 127 128 129 129 129 127 2005 : 130 130 131 131 132 132 132 136 137 137 138 139 134 2006 : 139 139 140 141 141 142 142 140 : : Repairs : 1990-92 = 100 : 2002 : 133 133 133 134 134 134 134 134 134 136 136 136 134 2003 : 134 134 135 135 136 136 136 136 136 137 136 136 136 2004 : 138 138 138 139 139 139 140 140 141 141 141 142 140 2005 : 145 145 145 146 146 146 146 146 146 147 147 147 146 2006 : 147 148 148 148 148 148 148 148 : : Autos and Trucks Sub-Components : : Autos : 1990-92 = 100 : 2002 : 112 111 111 110 110 109 109 108 109 109 110 110 110 2003 : 109 109 109 108 108 107 107 107 107 107 108 108 108 2004 : 108 108 108 108 108 107 106 106 106 106 108 108 107 2005 : 109 109 109 109 108 108 107 106 107 108 109 109 108 2006 : 110 110 110 109 109 109 108 109 : : Trucks : 1990-92 = 100 : 2002 : 119 118 117 117 116 116 116 115 116 117 117 117 117 2003 : 117 117 117 116 116 115 114 115 114 114 115 116 115 2004 : 116 116 116 115 115 115 114 113 113 113 115 116 115 2005 : 117 117 117 116 116 115 113 112 113 114 114 114 115 2006 : 115 115 115 114 113 113 112 114 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Farm Machinery Sub-Components : : Tractors : 1990-92 = 100 : 2002 : 140 140 140 140 140 140 140 140 140 140 140 140 140 2003 : 140 140 141 141 141 141 142 143 144 144 145 145 142 2004 : 145 145 146 146 147 147 148 148 148 149 149 149 147 2005 : 152 153 153 153 154 155 155 155 155 155 157 158 155 2006 : 158 159 159 159 159 159 159 159 : : Self Propelled : 1990-92 = 100 : 2002 : 145 146 146 147 147 147 147 147 147 147 148 148 147 2003 : 148 148 148 148 149 150 152 154 156 157 158 160 152 2004 : 162 164 165 167 167 166 167 167 171 174 173 176 168 2005 : 176 176 176 176 177 178 178 180 180 181 182 182 178 2006 : 185 185 186 187 192 192 192 188 : : Other Machinery : 1990-92 = 100 : 2002 : 151 151 152 153 153 153 153 153 154 154 155 155 153 2003 : 155 155 155 155 155 155 155 155 155 155 155 155 155 2004 : 155 155 167 164 164 164 164 163 165 165 171 170 164 2005 : 172 176 176 175 176 176 177 178 178 179 179 180 177 2006 : 182 183 184 185 185 185 185 184 : : Farm Services Sub-Components : : Custom Rates : 1990-92 = 100 : 2002 : 120 120 120 120 120 120 120 120 120 120 120 120 120 2003 : 125 125 125 125 125 125 125 125 125 125 125 125 125 2004 : 120 120 120 120 120 120 120 120 120 120 120 120 120 2005 : 121 121 121 121 121 121 121 121 121 121 121 121 121 2006 : 123 123 123 123 123 123 123 123 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current year. Prices Paid Index Sub-Components: Monthly and Annual Average United States, 2002-2006 -------------------------------------------------------------------------------- : : : : : : : : : : : : : Year: Jan : Feb : Mar :Apr : May : Jun :Jul : Aug : Sep : Oct : Nov : Dec :Avg : : : : : : : : : : : : : 1/ -------------------------------------------------------------------------------- : Other Services : 1990-92 = 100 : 2002 : 120 120 120 119 120 121 121 121 121 120 120 120 120 2003 : 121 121 121 122 122 123 124 124 124 122 121 121 122 2004 : 123 123 123 123 123 125 125 125 125 124 124 123 124 2005 : 127 127 127 127 128 130 130 130 130 129 129 129 128 2006 : 131 131 132 131 132 134 134 132 : : Rent Sub-Components : : Cash : 1990-92 = 100 : 2002 : 143 143 143 143 143 143 143 143 143 143 143 143 143 2003 : 145 145 145 145 145 145 145 145 145 145 145 145 145 2004 : 145 145 145 145 145 145 145 145 145 145 145 145 145 2005 : 151 151 151 151 151 151 151 151 151 151 151 151 151 2006 : 159 159 159 159 159 159 159 159 : : Share : 1990-92 = 100 : 2002 : 91 91 91 91 91 91 91 91 91 91 91 91 91 2003 : 91 91 91 91 91 91 91 91 91 91 91 91 91 2004 : 91 91 91 91 91 91 91 91 91 91 91 91 91 2005 : 94 94 94 94 94 94 94 94 94 94 94 94 94 2006 : 98 98 98 98 98 98 98 98 -------------------------------------------------------------------------------- 1/ Simple average and is year-to-date for current 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 Field Offices and Headquarters for review by the Agricultural Statistics Board in Washington, D.C. Also, the change in price level for individual items surveyed are combined to the regional and U.S. levels, and are published as prices paid indexes referenced to a specific base period. Prices paid indexes for new autos and trucks, building materials, farm supplies, motor supplies, and marketing containers are updated based on price changes measured in selected Bureau of Labor Statistics (BLS) indexes. Revisions: Any revisions are published in the monthly and in annual issues of Agricultural Prices. The basis for revision must be supported by additional data that directly affect the level of the estimate. More revisions are likely in April when separate prices paid surveys are conducted, in lieu of BLS indexes, by the USDA to measure price change. Reliability: Current methods of summarization in April are not designed directly to calculate sampling errors. However, analytical measures approximate the U.S. relative sampling errors for major items around 10 percent. Any nonsampling errors are attributed to such things as the inability to obtain correct information, differences in interpreting questions or definitions, mistakes in coding or processing the data, etc. Efforts are made at each step in the survey process to minimize these nonsampling errors. Program Change: Effective January 1, 1995, the National Agricultural Statistics Service updated the weights and changed the construction of its prices paid and received by farmers indexes. A Federal Register Notice dated October 28, 1994 discussed these program modifications. A 1990-92 reference and base period replaced the 1977 reference and 1971-73 base weight period. Five-year moving average weights replaced the current fixed 1971-73 base period weights. The 1910-14=100 price indexes, required by statute for computing parity prices, were linked forward based on the changes in the new 1990-92=100 indexes. The new indexes were constructed by multiplying the ratios of the current prices to the base period prices by the moving average weights (adjusted for seasonal marketing patterns for the prices received indexes). Information Contacts General questions should be directed to Linda Hutton, Chief, Environmental, Economics and Demographics Branch at (202) 720-6146. Below are the commodity specialists to contact for additional information. Crop Prices Received Joe Prusacki Chief, Crops Branch (202) 720-2127 Greg Thessen, Field Crops Section (202) 720-2127 Scott Cox - Wheat, Rye (202) 720-8068 Ty Kalaus - Corn, Proso Millet, Flaxseed (202) 720-9526 Shiela Corley - Cotton, Cottonseed (202) 720-5944 Travis Thorson - Hay, Oats, Sorghum (202) 690-3234 Jason Lamprecht - Soybeans, Sunflower, Other Oilseeds (202) 720-7369 Dennis Koong - Peanuts, Rice (202) 720-7688 Brian Young - Sugarcane, Sugarbeets, Barley (202) 720-7621 Jim Smith, Fruit and Vegetable Section (202) 720-2127 Dan Norris - Peaches, Pears, Hops, Pulses, Mint (202) 720-3250 Rich Holcomb - Citrus (202) 720-5412 Terry O'Connor - Apples, Apricots, Cherries, Cranberries, Plums, Prunes (202) 720-4288 Leslie Colburn - Grapes, Tobacco (202) 720-7235 Cathy Scherrer - Potatoes, Dry Edible Beans, Sweet Potatoes (202) 720-4285 Debbie Flippin - Vegetables, Onions, Strawberries (202) 720-2157 Livestock Prices Received Dan Kerestes, Chief, Livestock Branch (202) 720-3570 Bill Weaver, Livestock Section (202) 720-3570 Scott Hollis - Sheep, Lambs, Wool, Mohair (202) 720-4751 Jason Hardegree- Milk, Milk Cows (202) 720-3278 Bruce Boess - Hogs (202) 720-3106 Mike Miller - Cattle (202) 720-3040 Darin Jantzi, Poultry and Specialty Commodities Section (202) 720-3570 John Lange - Turkeys (202) 720-0585 Sharyn Lavender - Eggs (202) 720-3244 Jody Roberts - Broilers (202) 690-8632 Indexes, Prices Paid, and Parity Prices Linda Hutton, Chief, Environmental, Economics and Demographics Branch (202) 720-6146 Kevin Hintzman, Economics Section (202) 720-6146 Jen Brown - Prices Paid Indexes, Prices Paid for Feed, Fertilizer, Agricultural Chemicals, Seeds, Farm Supplies and Repairs, Farm Machinery, Fuels, Feeder Livestock, Poultry Chicks, Feed Price Ratios, Autos & Trucks (202) 720-5446 Daryl Brinkman - Prices Received Indexes, Parity Prices (202) 720-8844 Jennifer Sissom - Grazing Fees (202) 690-3229 ACCESS TO REPORTS!! 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