Agricultural Prices ISSN: 1937-4216 Released May 31, 2011, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). May Farm Prices Received Index Decreased 1 Point The preliminary All Farm Products Index of Prices Received by Farmers in May, at 174 percent, based on 1990-1992=100, decreased 1 point (0.6 percent) from April. The Crop Index is unchanged but the Livestock Index decreased 3 points (1.9 percent). Producers received lower prices for cattle, corn, eggs, and strawberries and higher prices for hay, broilers, celery, and lettuce. In addition to prices, the overall index is also affected by the seasonal change based on a 3-year average mix of commodities producers sell. Increased monthly marketings of wheat, cantaloupes, broilers, and sweet corn offset decreased marketings of cattle, corn, milk, and soybeans. The preliminary All Farm Products Index is up 36 points (26 percent) from May 2010. The Food Commodities Index, at 165, decreased 2 points (1.2 percent) from last month but increased 27 points (20 percent) from May 2010. Prices Paid Index Up 1 Point The May Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 204 percent of the 1990-1992 average. The index is up 1 point (0.5 percent) from April and 23 points (13 percent) above May 2010. Higher prices in May for hay & forages, complete feeds, nitrogen, and gasoline more than offset lower prices for feeder cattle, feeder pigs, feed grains, and concentrates. Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 1990-1992 Base - United States: May 2011 with Comparisons ------------------------------------------------------------------------------------ Index : May : April : May : 2010 : 2011 : 2011 ------------------------------------------------------------------------------------ : Prices received by farmers ...............: 138 175 174 : Prices paid by farmers ...................: 181 203 204 : Ratio of prices received to prices paid ..: 76 86 85 ------------------------------------------------------------------------------------ Contents Prices Received by Farmers............................................................................... 4 Prices Received Indexes - United States: May 2011 with Comparisons....................................... 5 Prices Received and Prices Paid Indexes by Month for Selected Groups - United States: 2010 and 2011, 1990-1992 Base........................................................................................ 5 Received Indexes by Month, Livestock Products, All Products, and All Crops - United States: 1990-1992=100 Chart.................................................................... 6 Received Indexes by Month, Food Grains, Feed Grains & Hay, and Oilseeds - United States: 1990-1992=100 Chart.................................................................... 6 Received Indexes by Month, Fruit & Nut and Commercial Vegetables - United States: 1990-1992=100 Chart.................................................................... 7 Received Indexes by Month, Meat Animal, Dairy Products, and Poultry & Eggs - United States: 1990-1992=100 Chart.................................................................... 7 Prices Received for Field Crops and Fruits - United States: May 2011 with Comparisons.................... 8 Prices Received for Vegetables and Livestock - United States: May 2011 with Comparisons.................. 9 Prices Received for Corn by Month - United States Chart.................................................. 10 Prices Received for Wheat by Month - United States Chart................................................. 10 Prices Received for Cotton by Month - United States Chart................................................ 11 Prices Received for Soybeans by Month - United States Chart.............................................. 11 Prices Received for Cattle by Month - United States Chart................................................ 12 Prices Received for Milk by Month - United States Chart.................................................. 12 Prices Received for Hogs by Month - United States Chart.................................................. 13 Prices Received for Poultry by Month - United States Chart............................................... 13 Prices Received for All Wheat, Corn, and Soybeans by Month - United States: 2011 with Comparisons........ 14 Prices Received for Beef Cattle and All Hogs by Month - United States: 2011 with Comparisons............. 14 Prices Received for All Wheat - States and United States: May 2011 with Comparisons...................... 15 Prices Received for Winter Wheat - States and United States: May 2011 with Comparisons................... 15 Prices Received for Durum Wheat - States and United States: May 2011 with Comparisons.................... 16 Prices Received for Spring Wheat - States and United States: May 2011 with Comparisons................... 16 Prices Received for All Barley - States and United States: May 2011 with Comparisons..................... 17 Prices Received for Malting Barley - States: May 2011 with Comparisons................................... 17 Prices Received for Feed Barley - States: May 2011 with Comparisons...................................... 17 Prices Received for Corn - States and United States: May 2011 with Comparisons........................... 18 Prices Received for Soybeans - States and United States: May 2011 with Comparisons....................... 18 Prices Received for Oats - States and United States: May 2011 with Comparisons........................... 19 Prices Received for Sorghum Grain - States and United States: May 2011 with Comparisons.................. 19 Prices Received for Dry Beans - States and United States: May 2011 with Comparisons...................... 20 Prices Received for Peanuts (In-Shell) - States and United States: May 2011 with Comparisons............. 20 Prices Received for Sunflowers - States and United States: May 2011 with Comparisons..................... 21 Prices Received for Canola - States and United States: May 2011 with Comparisons......................... 21 Prices Received for Flaxseed - States and United States: May 2011 with Comparisons....................... 21 Prices Received for Upland Cotton and Cottonseed - States and United States: May 2011 with Comparisons... 22 Prices Received and Farm Marketings for Upland Cotton and Rice - United States: May 2011 with Comparisons...................................................................................... 22 Prices Received for Hay by Type - States and United States: May 2011 with Comparisons.................... 23 Prices Received for Apples - States and United States: May 2011 with Comparisons......................... 23 Prices Received for Citrus Fruits by Utilization - States and United States: May 2010.................... 24 Prices Received for Citrus Fruits by Utilization - States and United States: April 2011.................. 25 Prices Received for Citrus Fruits by Utilization - States and United States: May 2011.................... 26 Prices Received for Potatoes - States and United States: May 2011 with Comparisons....................... 27 Prices Received for All Milk - States and United States: May 2011 with Comparisons....................... 28 Prices Received for Milk Cows - States and United States: April 2011 with Comparisons.................... 29 Commodity Parity Prices and Price as Percent of Parity Price - United States: May 2011 with Comparisons.. 30 Commodity Parity Prices - United States: May 2011 with Comparisons....................................... 31 Reliability of Prices Received Estimates................................................................. 33 Prices Paid by Farmers................................................................................... 34 Prices Paid Indexes and Related Parity Ratios - United States: May 2011 with Comparisons................. 35 Prices Paid Indexes and Annual Weights for Input Components and Sub-Components - United States: May 2011 with Comparisons............................................................................. 36 Paid Indexes by Month, All Items and Production Items - United States: 1990-1992=100 Chart.................................................................... 37 Paid Indexes, Annual Averages, Production Items, Interest, Taxes, and Wages - United States: 1990-1992=100 Chart.................................................................... 37 Paid Indexes by Farm Type, All Items - United States: 1990-1991=100 Chart................................ 38 Paid Indexes by Origin, All Production Items - United States: 1990-1992=100 Chart........................ 38 Paid Indexes by Non-Farm Sector, Supplies & Repairs, Fertilizer, Machinery, and Fuel - United States: 1990-1992=100 Chart.................................................................... 39 Paid Indexes by Month, Feed and Replacement Livestock - United States: 1990-1992=100 Chart............... 39 Feed Price Ratios - United States: May 2011 with Comparisons............................................. 40 Prices Received Used to Calculate Feed Price Ratios - United States: May 2011 with Comparisons........... 40 Prices Paid for Feeder Livestock - United States: May 2011 with Comparisons.............................. 40 Prices Paid Broiler-Feed Ratio Monthly and Annual Average - United States: January 2007 - May 2011....... 41 Prices Paid Market Egg-Feed Ratio Monthly and Annual Average - United States: January 2007 - May 2011............................................................................... 41 Prices Paid Turkey-Feed Ratio Monthly and Annual Average - United States: January 2007 - May 2011........ 41 Prices Paid Milk-Feed Ratio Monthly and Annual Average - United States: January 2007 - May 2011.......... 42 Prices Paid Hog-Corn Ratio Monthly and Annual Average - United States: January 2007 - May 2011........... 42 Prices Paid Steer & Heifer-Corn Feed Ratio Monthly and Annual Average - United States: January 2007 - May 2011............................................................................... 42 Reliability of Prices Paid Estimates..................................................................... 43 Information Contacts..................................................................................... 44 Prices Received by Farmers The May All Farm Products Index is 174 percent of its 1990-1992 base, down 0.6 percent from the April index but 26 percent above the May 2010 index. All crops: The May index, at 199, was unchanged from April but 34 percent above May 2010. Index increases for food grains, commercial vegetables, and potatoes & dry beans offset index decreases for feed grains & hay, oilseeds, and cotton. Food grains: The May index, at 256, is up 4.5 percent from the previous month and 62 percent above a year ago. The May all wheat price, at $8.19 per bushel, is up 15 cents from April and $3.86 above May 2010. Feed grains & hay: The May index, at 259, is down 1.1 percent from last month but 70 percent above a year ago. The corn price, at $6.15 per bushel, is down 20 cents from last month but $2.67 above May 2010. The all hay price, at $169 per ton, is up $28.00 from April and up $53.00 from last May. Sorghum grain, at $10.80 per cwt, is 90 cents below April but $5.11 above May last year. Cotton, Upland: The May index, at 133, is down 7.6 percent from April but 21 percent above last year. The May price, at 80.3 cents per pound, is down 7.0 cents from the previous month but 13.7 cents above last May. Oilseeds: The May index, at 233, is down 0.9 percent from April but 39 percent higher than May 2010. The soybean price, at $13.00 per bushel, decreased 10 cents from April but is $3.59 above May 2010. Fruits & nuts: The May index, at 144, is unchanged from April but 2.1 percent higher than a year ago. Price increases for oranges, lemons, and grapefruit offset price decreases for strawberries, apples, and pears. Commercial vegetables: The May index, at 170, is up 3.7 percent from last month but 1.2 percent below May 2010. Price increases during May for celery, lettuce, cauliflower, and onions more than offset price declines for tomatoes, asparagus, sweet corn, and cucumbers. Potatoes & dry beans: The May index, at 190, is up 1.1 percent from last month and 29 percent above May 2010. The all potato price, at $11.26 per cwt, is up 9 cents from April and up $2.69 from last May. The all dry bean price, at $31.70 per cwt, is unchanged from the previous month but $3.90 above May 2010. Livestock and products: The May index, at 153, is 1.9 percent below last month but up 17 percent from May 2010. Compared with a year ago, prices are higher for cattle, milk, hogs, eggs, turkeys, and calves. Prices for broilers are down from last year. Meat animals: The May index, at 154, is down 2.5 percent from last month but 18 percent higher than last year. The May hog price, at $67.80 per cwt, is up 10 cents from April and $5.60 higher than a year ago. The May beef cattle price of $115 per cwt is down $4.00 from last month but $20.30 higher than May 2010. Dairy products: The May index, at 149, is down 0.7 percent from a month ago but 30 percent higher than May last year. The May all milk price of $19.40 per cwt is down 20 cents from last month but $4.40 high than May 2010. Poultry & eggs: The May index, at 155, is down 1.9 percent from April but 3.3 percent above a year ago. The May market egg price, at 62.2 cents per dozen, decreased 26.5 cents from April but is 18.1 cents above May 2010. The May broiler price, at 50.0 cents per pound, is up 1.0 cent from April but 2.0 cents below a year ago. The May turkey price, at 68.2 cents per pound, increased 2.8 cents from the previous month and 12.1 cents from a year earlier. Prices Received Indexes - United States: May 2011 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov] -------------------------------------------------------------------------------------------------------------------- : 1910-1914 Base : 1990-1992 Base :----------------------------------------------------------------------------------- : 1990-1992 : May : April : May : May : April : May Index : Average : 2010 : 2011 : 2011 : 2010 : 2011 : 2011 -------------------------------------------------------------------------------------------------------------------- : percent : : All products ...................: 639 875 1113 1104 138 175 174 : All crops ......................: 500 731 988 987 148 199 199 Food grains ..................: 325 501 775 811 158 245 256 Feed grains & hay ............: 363 542 935 925 152 262 259 Cotton, Upland ...............: 517 564 739 680 110 144 133 Tobacco ......................: 1263 1563 1491 1491 103 99 99 Oilseeds .....................: 554 919 1288 1277 168 235 233 Fruits & nuts ................: 716 987 1009 1009 141 144 144 Commercial vegetables ........: 698 1226 1172 1214 172 164 170 Potatoes & dry beans .........: 540 745 954 961 147 188 190 Other crops ..................: 493 613 621 621 124 126 126 : Livestock and products .........: 768 1004 1195 1170 131 156 153 Meat animals .................: 1021 1325 1607 1565 130 158 154 Dairy products ...............: 799 923 1206 1194 115 150 149 Poultry & eggs ...............: 282 420 444 435 150 158 155 : Food commodities ...............: (NA) (NA) (NA) (NA) 138 167 165 -------------------------------------------------------------------------------------------------------------------- (NA) Not available. Prices Received and Prices Paid Indexes by Month for Selected Groups - United States: 2010 and 2011, 1990-1992 Base [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank data cells indicate estimation period has not yet begun] -------------------------------------------------------------------------------- : Index of prices received : Index of prices paid :---------------------------------------------------------------- : : : Livestock : : Month : All farm : All : and : All : Production : products : crops : products : items : items :---------------------------------------------------------------- :2010 :2011 :2010 : 2011 : 2010 :2011 : 2010 :2011 : 2010 : 2011 -------------------------------------------------------------------------------- : percent percent percent percent percent : January .......: 136 165 149 188 121 137 181 194 185 202 February ......: 132 170 145 199 122 144 180 197 184 205 March .........: 137 173 151 197 127 152 180 201 184 211 April .........: 135 175 146 199 128 156 181 203 185 215 May ...........: 138 174 148 199 131 153 181 204 186 216 June ..........: 135 143 129 180 185 July ..........: 137 145 132 180 185 August ........: 140 149 134 181 185 September .....: 142 149 134 182 187 October .......: 150 161 134 184 190 November ......: 153 169 134 186 192 December ......: 152 169 134 188 196 -------------------------------------------------------------------------------- Prices Received for Field Crops and Fruits - United States: May 2011 with Comparisons ------------------------------------------------------------------------------------------------------ : Average : : : Preliminary Commodity :1990-1992=100 : May 2010 : April 2011 : May 2011 ------------------------------------------------------------------------------------------------------ : Field crops : Austrian winter peas .........dollars/cwt: (NA) (S) (D) (S) Barley, all ...............dollars/bushel: 2.12 4.25 4.27 4.57 Feed .....................dollars/bushel: 1.90 2.49 4.32 4.87 Malting ..................dollars/bushel: 2.43 4.51 4.25 4.49 Beans, dry edible ............dollars/cwt: 19.10 27.80 31.70 31.70 Canola .......................dollars/cwt: (NA) 16.70 24.80 25.80 Chickpeas, all ...............dollars/cwt: (NA) 27.50 36.90 44.00 Large .......................dollars/cwt: (NA) 28.10 40.10 44.00 Small .......................dollars/cwt: (NA) 26.10 (D) (D) Corn ......................dollars/bushel: 2.30 3.48 6.35 6.15 : Cotton, Upland .............dollars/pound: 0.606 0.666 0.873 0.803 Cottonseed 1/ ................dollars/ton: 96.00 (NA) (NA) (NA) Flaxseed ..................dollars/bushel: 4.27 8.34 13.50 13.30 Hay, all, baled ..............dollars/ton: 76.30 116.00 141.00 169.00 Alfalfa .....................dollars/ton: 77.20 121.00 155.00 186.00 Other .......................dollars/ton: 60.00 100.00 103.00 112.00 Lentils ......................dollars/cwt: (NA) 29.40 28.80 27.10 Oats ......................dollars/bushel: 1.22 2.19 3.53 3.49 Peanuts, in-shell ..........dollars/pound: 0.304 0.205 0.232 0.227 Peas, dry edible .............dollars/cwt: (NA) 9.35 11.90 12.50 : Potatoes .....................dollars/cwt: 5.82 8.57 11.17 11.26 Rice, all ....................dollars/cwt: 7.07 13.80 13.00 13.40 Long ........................dollars/cwt: (NA) 12.60 11.40 11.50 Medium and short ............dollars/cwt: (NA) 17.90 18.30 19.70 Sorghum grain ................dollars/cwt: 3.75 5.69 11.70 10.80 Soybeans ..................dollars/bushel: 5.61 9.41 13.10 13.00 Sunflowers, all ..............dollars/cwt: 9.50 14.90 28.90 30.30 : Wheat, all ................dollars/bushel: 2.96 4.33 8.04 8.19 Winter ...................dollars/bushel: 2.93 4.21 7.39 7.70 Durum ....................dollars/bushel: 2.86 4.28 8.60 8.44 Other spring .............dollars/bushel: 3.11 4.61 8.67 9.20 Hard red winter 2/ .......dollars/bushel: (NA) 4.16 7.50 (NA) Soft red winter 2/ .......dollars/bushel: (NA) 4.38 7.27 (NA) Hard red spring 2/ .......dollars/bushel: (NA) 4.62 8.74 (NA) White 2/ .................dollars/bushel: 3.24 4.35 7.06 (NA) : Fruits : Citrus, equivalent on-tree : Grapefruit ..................dollars/box: 5.77 4.05 6.26 6.77 Lemons ......................dollars/box: 10.10 9.13 8.36 10.41 Oranges .....................dollars/box: 5.79 8.00 7.01 7.45 Tangelos ....................dollars/box: 5.82 (NA) (NA) (NA) Tangerines and mandarins ....dollars/box: 15.11 (S) 13.25 (S) : Noncitrus, fresh : Apples 3/ .................dollars/pound: 0.212 0.309 0.266 0.259 Grapes 3/ ...................dollars/ton: 506.00 (S) (S) (S) Peaches 3/ ..................dollars/ton: 432.00 1,080.00 (S) 1,290.00 Pears 3/ ....................dollars/ton: 370.00 533.00 618.00 588.00 Strawberries ................dollars/cwt: 56.00 78.90 96.20 83.20 ------------------------------------------------------------------------------------------------------ (D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate. 1/ Marketing year August - February. 2/ Preliminary estimates not set for this item. 3/ Equivalent packinghouse-door returns for California, Michigan, New York (apples only), and Washington (apples, peaches, and pears). Prices as sold for other states. Prices Received for Vegetables and Livestock - United States: May 2011 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service] ------------------------------------------------------------------------------------------------------ : Average : : : Preliminary Commodity :1990-1992=100 : May 2010 : April 2011 : May 2011 ------------------------------------------------------------------------------------------------------ : Vegetables, fresh 1/ : Asparagus ....................dollars/cwt: 79.80 137.00 160.00 101.00 Beans, snap 2/ ...............dollars/cwt: (NA) 43.00 57.20 55.60 Broccoli .....................dollars/cwt: 22.50 43.50 33.90 34.90 Cantaloupes 2/ ...............dollars/cwt: (NA) 19.60 (S) (S) Carrots ......................dollars/cwt: 13.20 27.40 46.20 46.30 Cauliflower ..................dollars/cwt: 26.80 68.60 42.90 65.90 Celery .......................dollars/cwt: 11.60 20.00 19.30 38.20 Corn, sweet ..................dollars/cwt: 15.70 25.10 23.80 22.30 Cucumbers 2/ .................dollars/cwt: (NA) 17.70 26.40 23.80 Lettuce ......................dollars/cwt: 11.90 24.30 17.80 20.20 Onions 3/ ....................dollars/cwt: 12.80 19.30 8.43 10.60 Tomatoes .....................dollars/cwt: 32.30 65.20 67.60 41.30 : Livestock : Calves .......................dollars/cwt: 94.30 124.00 147.00 141.00 Cattle, all beef .............dollars/cwt: 72.90 94.70 119.00 115.00 Cows 4/ .....................dollars/cwt: 49.60 59.00 78.90 79.10 Steers & heifers ............dollars/cwt: 77.10 99.70 122.00 118.00 Milk cows 5/ ................dollars/head: 1130.00 (NA) 1420.00 (NA) Hogs, all ....................dollars/cwt: 47.70 62.20 67.70 67.80 Barrows & gilts .............dollars/cwt: 48.40 62.40 68.30 68.50 Sows ........................dollars/cwt: 39.50 56.70 57.90 56.10 Lambs ........................dollars/cwt: 56.20 122.00 181.00 (NA) Sheep ........................dollars/cwt: 23.40 46.20 68.80 (NA) : Dairy and poultry : Milk, all 6/ .................dollars/cwt: 13.06 15.00 19.60 19.40 Fat test ........................percent: 3.66 3.58 3.70 3.64 Broilers, live 7/ ..........dollars/pound: 0.317 0.520 0.490 0.500 Eggs, all 8/ ...............dollars/dozen: 0.643 0.633 1.050 0.822 Market 8/ 9/ ..............dollars/dozen: 0.546 0.441 0.887 0.622 Turkeys, live 8/ 10/ 11/ ...dollars/pound: 0.380 0.561 0.654 0.682 : Adjusted for seasonal variation : Eggs, all ..................dollars/dozen: 0.545 0.804 1.090 1.050 Seasonal factor .................percent: 100 79 96 78 Milk, all 6/ .................dollars/cwt: 9.71 15.80 21.20 20.50 Seasonal factor .................percent: 100 95 92 95 ------------------------------------------------------------------------------------------------------ (NA) Not available. (S) Insufficient number of reports to establish an estimate. 1/ Beginning January 2006, point of first sale. FOB shipping point for prior years. 2/ Monthly estimates began January 1995. 3/ Includes some processing. 4/ Beef cows and cull dairy cows sold for slaughter. 5/ Animals sold for dairy herd replacement only. Prices available for January, April, July, and October. 6/ Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 7/ Live weight equivalent price. 8/ Mid-month price. 9/ Also referred to as table eggs. 10/ Live weight equivalent price is used when actual live weight price is not available. 11/ Beginning January 2011, price reflects FOB shipping point basis. Prior year price reflects delivered basis. Prices Received for All Wheat, Corn, and Soybeans by Month - United States: 2011 with Comparisons [Current month prices are mid-month; prices for previous months and years are for the entire month. Blank data cells indicate estimation period has not yet begun] ---------------------------------------------------------------------------------------------------------------------- : All wheat : Corn : Soybeans Month :----------------------------------------------------------------------------------------------------------- : : :Preliminary: : :Preliminary: : :Preliminary : 2009 : 2010 : 2011 : 2009 : 2010 : 2011 : 2009 : 2010 : 2011 ---------------------------------------------------------------------------------------------------------------------- : dollars per bushel : January ..: 6.20 4.90 6.71 4.36 3.66 4.94 9.97 9.79 11.60 February .: 5.79 4.73 7.43 3.87 3.55 5.64 9.54 9.41 12.70 March ....: 5.71 4.70 7.54 3.85 3.55 5.53 9.12 9.39 12.70 April ....: 5.75 4.41 8.04 3.85 3.41 6.35 9.79 9.47 13.10 May ......: 5.85 4.33 8.19 3.96 3.48 6.15 10.70 9.41 13.00 June .....: 5.72 4.16 4.01 3.41 11.40 9.45 July .....: 5.17 4.50 3.60 3.49 10.80 9.79 August ...: 4.85 5.44 3.33 3.65 10.80 10.10 September : 4.48 5.83 3.25 4.08 9.75 9.98 October ..: 4.47 5.87 3.61 4.32 9.43 10.20 November .: 4.79 6.13 3.65 4.55 9.53 11.10 December .: 4.87 6.45 3.60 4.82 9.80 11.60 ---------------------------------------------------------------------------------------------------------------------- Prices Received for Beef Cattle and All Hogs by Month - United States: 2011 with Comparisons [Current month prices are mid-month; prices for previous months and years are for the entire month. Blank data cells indicate estimation period has not yet begun. Price data source is United States Department of Agriculture's Agricultural Marketing Service] ---------------------------------------------------------------------------------- : Beef cattle 1/ : All hogs 2/ Month :----------------------------------------------------------------------- : : :Preliminary: : :Preliminary : 2009 : 2010 : 2011 : 2009 : 2010 : 2011 ---------------------------------------------------------------------------------- : dollars per cwt : January ..: 80.10 82.30 107.00 42.80 48.40 55.80 February .: 78.90 85.70 108.00 43.80 48.90 61.60 March ....: 79.10 90.40 115.00 43.90 52.10 63.10 April ....: 83.80 95.60 119.00 44.00 56.50 67.70 May ......: 83.20 94.70 115.00 44.60 62.20 67.80 June .....: 80.10 90.40 43.30 58.20 July .....: 80.90 91.70 43.30 58.50 August ...: 80.40 93.50 37.30 61.30 September : 80.50 94.10 37.70 61.00 October ..: 79.20 93.10 37.80 53.30 November .: 79.60 94.00 40.30 47.80 December .: 78.50 98.10 45.10 52.30 ---------------------------------------------------------------------------------- 1/ Cows and steers & heifers. 2/ Barrows & gilts and sows. Prices Received for All Wheat - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : Arizona ............: (D) (D) (D) Arkansas ...........: 4.42 (D) (D) California .........: 4.37 (D) (D) Colorado ...........: 3.98 7.71 7.86 Idaho ..............: 4.44 7.56 7.30 Illinois ...........: 4.09 7.64 7.30 Indiana ............: 5.03 7.71 6.86 Kansas .............: 4.24 8.09 8.00 Michigan ...........: 4.39 7.04 6.70 Minnesota ..........: 4.27 7.74 7.94 : Missouri ...........: 4.21 5.78 6.90 Montana ............: 4.71 7.48 8.68 Nebraska ...........: 3.97 7.56 7.75 North Carolina .....: (D) 7.79 7.75 North Dakota .......: 4.34 9.10 9.36 Ohio ...............: 4.36 7.24 6.63 Oklahoma ...........: 4.21 7.97 8.11 Oregon .............: 4.68 7.73 7.57 South Dakota .......: 4.54 8.79 8.72 Texas ..............: 3.93 7.68 8.00 Washington .........: 4.49 7.50 7.99 : United States ......: 4.33 8.04 8.19 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Winter Wheat - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : Arkansas ...........: 4.42 (D) (D) California .........: 4.37 (D) (D) Colorado ...........: 3.98 7.71 7.86 Idaho ..............: 4.29 7.05 7.25 Illinois ...........: 4.09 7.64 7.30 Indiana ............: 5.03 7.71 6.86 Kansas .............: 4.24 8.09 8.00 Michigan ...........: 4.39 7.04 6.70 Minnesota ..........: (D) 7.46 7.00 Missouri ...........: 4.21 5.78 6.90 : Montana ............: 4.37 6.88 7.45 Nebraska ...........: 3.97 7.56 7.75 North Carolina .....: (D) 7.79 7.75 North Dakota .......: 3.93 7.28 7.25 Ohio ...............: 4.36 7.24 6.63 Oklahoma ...........: 4.21 7.97 8.11 Oregon .............: 4.62 7.38 7.30 South Dakota .......: 4.15 7.03 7.30 Texas ..............: 3.93 7.68 8.00 Washington .........: 4.27 7.11 7.46 : United States ......: 4.21 7.39 7.70 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Durum Wheat - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : Arizona ............: (D) (D) (D) California .........: (S) (S) (S) Idaho ..............: (D) (D) (D) Montana ............: 4.46 8.59 (D) North Dakota .......: 4.00 8.63 8.50 : United States ......: 4.28 8.60 8.44 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Spring Wheat - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : Colorado ...........: (S) (D) (S) Idaho ..............: 4.60 8.39 7.30 Minnesota ..........: 4.27 7.74 8.00 Montana ............: 5.47 8.02 10.00 North Dakota .......: 4.43 9.31 9.55 Oregon .............: 5.08 9.33 9.20 South Dakota .......: 5.27 10.00 9.70 Washington .........: 5.26 8.87 9.78 : United States ......: 4.61 8.67 9.20 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for All Barley - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : California .........: (D) (S) (S) Colorado ...........: (D) (D) (S) Idaho ..............: 4.59 4.08 4.02 Minnesota ..........: (D) 4.07 (D) Montana ............: 4.86 4.42 4.99 North Dakota .......: 3.21 4.19 4.93 Oregon .............: 3.12 4.80 5.00 Utah ...............: 2.97 5.61 5.04 Washington .........: 2.75 5.17 (D) Wyoming ............: (S) (D) (S) : United States ......: 4.25 4.27 4.57 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Malting Barley - States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : Idaho ..............: 4.94 3.85 3.90 Minnesota ..........: (S) (D) (D) Montana ............: 4.95 4.41 5.03 North Dakota .......: 3.38 4.23 5.10 Wyoming ............: (S) (D) (S) -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Feed Barley - States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : Idaho ..............: 2.58 5.11 4.95 Minnesota ..........: (D) 4.16 (D) Montana ............: 2.52 4.51 4.77 North Dakota .......: 2.01 4.09 4.25 Wyoming ............: (S) (S) (S) -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Corn - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : Colorado ...........: 3.45 6.05 6.04 Illinois ...........: 3.49 6.68 6.40 Indiana ............: 3.65 6.73 6.54 Iowa ...............: 3.52 6.18 6.00 Kansas .............: 3.40 6.82 6.35 Kentucky ...........: 3.77 6.61 6.70 Michigan ...........: 3.44 6.60 6.20 Minnesota ..........: 3.33 5.79 5.60 Missouri ...........: 3.57 6.25 6.00 Nebraska ...........: 3.51 6.18 6.10 : North Carolina .....: 4.04 7.52 6.85 North Dakota .......: 2.98 5.83 5.90 Ohio ...............: 3.52 6.80 6.28 Pennsylvania .......: 3.79 7.23 7.18 South Dakota .......: 3.21 6.09 6.00 Tennessee ..........: 3.87 7.04 6.90 Texas ..............: 4.04 7.09 6.38 Wisconsin ..........: 3.38 6.26 6.10 : United States ......: 3.48 6.35 6.15 -------------------------------------------------------------------------------- Prices Received for Soybeans - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : Arkansas ...........: 9.25 13.10 13.20 Illinois ...........: 9.43 13.40 13.40 Indiana ............: 9.77 13.30 13.40 Iowa ...............: 9.35 12.90 13.00 Kansas .............: 9.35 13.20 13.00 Kentucky ...........: 9.61 13.60 13.50 Louisiana ..........: 9.06 12.00 (S) Michigan ...........: 9.54 12.70 12.70 Minnesota ..........: 9.15 12.50 12.50 Mississippi ........: 8.75 13.10 13.30 : Missouri ...........: 9.48 13.50 13.60 Nebraska ...........: 9.27 12.90 13.00 North Carolina .....: 9.66 13.50 13.50 North Dakota .......: 9.06 12.40 12.30 Ohio ...............: 9.50 12.90 12.90 South Dakota .......: 9.19 12.70 12.90 Tennessee ..........: 9.55 13.50 13.50 Wisconsin ..........: 9.85 12.40 12.50 : United States ......: 9.41 13.10 13.00 -------------------------------------------------------------------------------- (S) Insufficient number of reports to establish an estimate. Prices Received for Oats - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : Illinois ...........: 2.96 4.36 4.30 Iowa ...............: 2.24 3.78 3.50 Michigan ...........: 2.84 3.80 3.70 Minnesota ..........: 1.70 3.17 3.10 Montana ............: 2.39 (D) (S) Nebraska ...........: 2.34 3.91 3.90 New York ...........: (D) 3.34 3.53 North Dakota .......: 1.82 3.07 (D) Oregon .............: (D) (S) (S) Pennsylvania .......: 2.60 4.60 4.52 South Dakota .......: 2.03 3.68 3.39 Texas ..............: (S) (S) (S) Wisconsin ..........: 2.13 3.59 3.45 : United States ......: 2.19 3.53 3.49 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Sorghum Grain - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per cwt : Illinois ...........: (D) (D) 11.90 Kansas .............: 5.55 11.60 10.60 Lousiana ...........: (D) (S) (S) Missouri ...........: 5.40 (D) 11.10 Nebraska ...........: 5.38 11.60 11.00 Oklahoma ...........: 5.26 11.80 10.70 Texas ..............: 6.91 12.20 11.50 : United States ......: 5.69 11.70 10.80 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Dry Beans - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per cwt : California .........: 49.30 45.70 (D) Colorado ...........: 31.60 29.90 30.30 Idaho ..............: 29.80 29.30 30.80 Michigan ...........: 33.80 39.50 40.00 Minnesota ..........: 32.10 (D) (D) Nebraska ...........: 28.70 32.70 32.40 North Dakota .......: 23.80 26.80 27.90 : United States ......: 27.80 31.70 31.70 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Peanuts (In-Shell) - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per pound : Alabama ............: 0.202 0.219 0.221 Florida ............: 0.201 0.225 0.231 Georgia ............: 0.200 0.222 0.222 Mississippi ........: (S) 0.216 0.220 New Mexico .........: 0.206 (D) (S) North Carolina .....: 0.210 0.256 0.229 Oklahoma ...........: (D) 0.245 (S) South Carolina .....: 0.217 0.240 0.237 Texas ..............: 0.221 0.265 (D) Virginia ...........: 0.220 (D) 0.219 : United States ......: 0.205 0.232 0.227 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Sunflowers - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per cwt : Colorado ...........: (D) (S) (S) Kansas .............: (D) 29.50 (D) Minnesota ..........: 19.30 27.20 (D) North Dakota .......: 16.40 28.40 29.70 South Dakota .......: 13.10 30.60 32.50 : United States ......: 14.90 28.90 30.30 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Canola - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per cwt : Minnesota ..........: (D) (D) (S) North Dakota .......: 16.60 24.80 25.80 : United States ......: 16.70 24.80 25.80 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Flaxseed - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per bushel : North Dakota .......: 8.34 13.50 13.30 : United States ......: 8.34 13.50 13.30 -------------------------------------------------------------------------------- Prices Received for Upland Cotton and Cottonseed - States and United States: May 2011 with Comparisons [Cottonseed marketing year August - February] -------------------------------------------------------------------------------------------------------- : Cotton, Upland : Cottonseed State :----------------------------------------------------------------------------------- : : : Preliminary : : : Preliminary : May : April : May : May : April : May : 2010 : 2011 : 2011 : 2010 : 2011 : 2011 -------------------------------------------------------------------------------------------------------- : -------- dollars per pound -------- -------- dollars per ton ------- : Alabama ............: 0.675 0.790 0.790 (NA) (NA) (NA) Arizona ............: (D) (D) (S) (NA) (NA) (NA) Arkansas ...........: 0.669 0.790 0.790 (NA) (NA) (NA) California .........: 0.708 (S) (S) (NA) (NA) (NA) Georgia ............: 0.677 0.790 0.790 (NA) (NA) (NA) Lousiana ...........: 0.673 0.790 0.790 (NA) (NA) (NA) Mississippi ........: 0.672 0.790 0.790 (NA) (NA) (NA) North Carolina .....: 0.677 0.790 0.790 (NA) (NA) (NA) Tennessee ..........: 0.661 (D) 0.790 (NA) (NA) (NA) Texas ..............: 0.641 0.856 0.840 (NA) (NA) (NA) : United States ......: 0.666 0.873 0.803 (NA) (NA) (NA) -------------------------------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate. Prices Received and Farm Marketings for Upland Cotton and Rice - United States: May 2011 with Comparisons ----------------------------------------------------------------------------------------------- : : : Preliminary Item : May 2010 : April 2011 : May 2011 ----------------------------------------------------------------------------------------------- : Cotton, Upland : Average price ......dollars/pound: 0.666 0.873 0.803 Marketings 1/ ........1,000 bales: 356 205 (NA) : Rice, all : Average price ........dollars/cwt: 13.80 13.00 13.40 Marketings 2/ ..........1,000 cwt: 13,145 12,508 (NA) : Rice, long : Average price ........dollars/cwt: 12.60 11.40 11.50 Marketings 2/ ..........1,000 cwt: 10,055 9,557 (NA) : Rice, medium and short : Average price ........dollars/cwt: 17.90 18.30 19.70 Marketings 2/ ..........1,000 cwt: 3,090 2,951 (NA) ----------------------------------------------------------------------------------------------- (NA) Not available. 1/ Marketings based on a survey of cotton buyers in the major producing States - Alabama, Arizona, Arkansas, California, Georgia, Louisiana, Mississippi, North Carolina, Tennessee, and Texas. 2/ Purchases by private firms and rice (rough equivalent) shipped by cooperatives. Prices Received for Hay by Type - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------------------------------------------------- : All hay : Alfalfa hay : Other hay State :----------------------------------------------------------------------------------------------------------- : : :Preliminary: : :Preliminary: : :Preliminary : May : April : May : May : April : May : May : April : May : 2010 : 2011 : 2011 : 2010 : 2011 : 2011 : 2010 : 2011 : 2011 -------------------------------------------------------------------------------------------------------------------------- : dollars per ton : Arizona ......: 125.00 179.00 213.00 125.00 180.00 215.00 125.00 140.00 155.00 California ...: 118.00 212.00 224.00 123.00 226.00 239.00 101.00 116.00 141.00 Colorado .....: 124.00 136.00 148.00 125.00 140.00 150.00 115.00 115.00 125.00 Idaho ........: 95.00 174.00 190.00 97.00 175.00 192.00 65.00 135.00 125.00 Illinois .....: 127.00 135.00 141.00 131.00 145.00 150.00 88.00 90.00 95.00 Iowa .........: 118.00 113.00 112.00 123.00 118.00 118.00 85.00 80.00 81.00 Kansas .......: 112.00 105.00 125.00 115.00 115.00 130.00 70.00 70.00 75.00 Kentucky .....: 111.00 102.00 113.00 145.00 150.00 155.00 80.00 75.00 75.00 Michigan .....: 130.00 99.00 104.00 135.00 105.00 110.00 110.00 80.00 80.00 Minnesota ....: 108.00 105.00 105.00 115.00 115.00 115.00 75.00 80.00 80.00 : Missouri .....: 72.00 75.00 88.00 125.00 140.00 140.00 60.00 65.00 65.00 Montana ......: 87.00 79.00 84.00 93.00 80.00 85.00 74.00 75.00 80.00 Nebraska .....: 74.00 76.00 89.00 78.00 80.00 95.00 62.00 66.00 68.00 Nevada .......: 93.00 160.00 164.00 93.00 160.00 165.00 92.00 135.00 135.00 New Mexico ...: 151.00 172.00 216.00 153.00 175.00 220.00 126.00 143.00 180.00 New York .....: 94.00 122.00 116.00 120.00 149.00 150.00 90.00 116.00 111.00 North Dakota .: 64.00 60.00 60.00 66.00 64.00 62.00 46.00 44.00 44.00 Ohio .........: 121.00 117.00 131.00 152.00 160.00 162.00 85.00 94.00 90.00 Oklahoma .....: 113.00 112.00 119.00 135.00 143.00 147.00 76.00 72.00 76.00 Oregon .......: 143.00 181.00 187.00 131.00 184.00 190.00 162.00 168.00 175.00 : Pennsylvania .: 117.00 134.00 134.00 130.00 165.00 155.00 115.00 127.00 124.00 South Dakota .: 88.00 80.00 95.00 90.00 83.00 99.00 72.00 70.00 81.00 Texas ........: 138.00 126.00 144.00 183.00 195.00 200.00 115.00 115.00 115.00 Utah .........: 95.00 131.00 166.00 95.00 134.00 167.00 85.00 113.00 137.00 Washington ...: 133.00 154.00 160.00 125.00 150.00 155.00 170.00 165.00 175.00 Wisconsin ....: 115.00 97.00 97.00 120.00 100.00 100.00 90.00 75.00 75.00 Wyoming ......: 89.00 94.00 104.00 90.00 95.00 107.00 85.00 91.00 97.00 : United States : 116.00 141.00 169.00 121.00 155.00 186.00 100.00 103.00 112.00 -------------------------------------------------------------------------------------------------------------------------- Prices Received for Apples - States and United States: May 2011 with Comparisons [Equivalent packinghouse-door returns for California, Michigan, New York, and Washington. Prices at point of first sale for other States] -------------------------------------------------------------------------------- : Apples, fresh use State :----------------------------------------------------------- : : : Preliminary : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per pound : California .........: (NA) (NA) (NA) Michigan ...........: 0.240 0.305 (NA) New York ...........: 0.207 0.254 0.270 Ohio ...............: 0.402 0.430 0.580 Pennsylvania .......: 0.346 (S) (S) Virginia ...........: (NA) 0.370 (NA) Washington .........: 0.331 0.265 0.256 : United States ......: 0.309 0.266 0.259 -------------------------------------------------------------------------------- (NA) Not available. (S) Insufficient number of reports to establish an estimate. Prices Received for Citrus Fruits by Utilization - States and United States: May 2010 [Net pounds per box: grapefruit in California-67, Florida-85, Texas-80; lemons-76; oranges in California-75, Florida-90, Texas-85; tangelos in Florida-90; tangerines and mandarins in Arizona and California-75, Florida-95] ------------------------------------------------------------------------------------------------------------------ : : Equivalent returns Commodity, : FOB :----------------------------------------------------------------------- State, : packed : Packinghouse-door : On-tree and type : fresh :----------------------------------------------------------------------- : : All : Fresh : Process : All : Fresh : Process ------------------------------------------------------------------------------------------------------------------ : dollars per box : Grapefruit : California .................: 16.20 6.40 6.40 (S) 3.30 3.30 (S) Florida ....................: 23.50 7.61 14.14 4.31 4.80 11.79 1.27 White ....................: 22.50 4.49 13.15 4.40 1.75 10.50 1.65 Colored ..................: 23.50 8.79 14.15 4.25 5.96 11.80 1.00 Texas ......................: 18.90 5.35 8.65 1.60 3.89 7.15 0.20 : United States ..............: 18.40 6.58 8.62 3.40 4.05 6.07 0.91 : Lemons : California .................: 39.80 14.88 29.11 (D) 9.13 23.36 (D) : Oranges : California : Navel and miscellaneous ..: 25.70 13.85 17.31 (D) 11.20 14.66 (D) Valencia .................: (D) (D) (D) (D) (D) (D) (D) Florida : Valencia .................: 22.50 10.05 12.60 10.00 7.45 9.80 7.40 United States ..............: 23.90 10.62 15.35 9.59 8.00 12.67 6.99 ------------------------------------------------------------------------------------------------------------------ (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Citrus Fruits by Utilization - States and United States: April 2011 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85; tangelos in Florida-90; tangerines and mandarins in Arizona and California-80, Florida-95] ------------------------------------------------------------------------------------------------------------------ : : Equivalent returns Commodity, : FOB :----------------------------------------------------------------------- State, : packed : Packinghouse-door : On-tree and type : fresh :----------------------------------------------------------------------- : : All : Fresh : Process : All : Fresh : Process ------------------------------------------------------------------------------------------------------------------ : dollars per box : Grapefruit : California .................: 21.00 14.60 14.60 (D) 12.50 12.50 (D) Florida ....................: 21.70 7.53 11.83 6.43 4.95 9.64 3.75 White ....................: 22.30 6.38 12.40 5.90 3.86 10.25 3.35 Colored ..................: 21.50 8.73 11.70 7.20 6.10 9.50 4.35 Texas ......................: 24.00 8.18 13.70 1.60 6.69 12.15 0.20 : United States ..............: 23.40 8.15 13.45 4.04 6.26 11.76 1.99 : Lemons : California .................: 31.60 14.23 20.70 (D) 8.36 14.83 (D) : United States ..............: 31.60 14.23 20.70 (D) 8.36 14.83 (D) : Oranges : California : Navel and miscellaneous ..: 21.10 8.92 12.46 (D) 6.46 10.05 (D) Valencia .................: (D) (D) (D) (D) (D) (D) (D) Florida : Valencia .................: 21.90 9.66 11.90 9.60 7.05 9.20 7.00 : United States ..............: 21.40 9.58 12.67 8.79 7.01 10.23 6.19 : Tangerines and : mandarins : California .................: (D) (D) (D) (D) (D) (D) (D) Florida ....................: 33.20 15.76 20.95 8.90 12.26 17.45 5.40 : United States ..............: 30.50 16.34 21.46 3.18 13.25 18.66 -0.66 ------------------------------------------------------------------------------------------------------------------ (D) Withheld to avoid disclosing data for individual operations. Prices Received for Citrus Fruits by Utilization - States and United States: May 2011 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85; tangelos in Florida-90; tangerines and mandarins in Arizona and California-80, Florida-95] ------------------------------------------------------------------------------------------------------------------ : : Equivalent returns Commodity, : FOB :----------------------------------------------------------------------- State, : packed : Packinghouse-door : On-tree and type : fresh :----------------------------------------------------------------------- : : All : Fresh : Process : All : Fresh : Process ------------------------------------------------------------------------------------------------------------------ : dollars per box : Grapefruit : California .................: 18.90 12.50 12.50 (D) 10.40 10.40 (D) Florida ....................: 22.70 8.61 12.86 6.14 6.13 10.67 3.51 White ....................: 23.40 6.62 13.50 6.10 4.09 11.35 3.55 Colored ..................: 22.60 10.43 12.80 6.25 8.00 10.60 3.40 Texas ......................: 24.00 8.00 13.70 1.60 6.52 12.15 0.20 : United States ..............: 23.30 8.37 13.51 2.04 6.77 11.85 0.52 : Lemons : California .................: 32.90 16.28 22.00 (D) 10.41 16.13 (D) : : Oranges : California : Navel and miscellaneous ..: 22.00 8.60 13.36 (D) 6.13 10.95 (D) Valencia .................: 20.60 9.81 11.96 (D) 7.36 9.55 (D) Florida : Valencia .................: 22.90 10.25 12.90 10.20 7.65 10.20 7.60 : United States ..............: 21.60 10.03 12.81 9.57 7.45 10.37 6.97 : Tangerines and : mandarins : California .................: (S) (S) (S) (S) (S) (S) (S) Florida ....................: (S) (S) (S) (S) (S) (S) (S) : United States ..............: (S) (S) (S) (S) (S) (S) (S) ------------------------------------------------------------------------------------------------------------------ (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Potatoes - States and United States: May 2011 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars per cwt : California : Spring 1/ ........: 16.50 20.20 26.40 Fall .............: 9.80 10.70 10.80 All 2/ ...........: 15.60 19.30 24.80 Colorado : Fresh 3/ .........: 5.45 15.40 (D) All 2/ ...........: 5.25 13.50 11.30 : Florida ............: 14.50 16.00 14.60 Idaho : Fresh 3/ .........: 3.80 10.70 (D) Processing .......: 8.20 7.80 (D) All 2/ ...........: 5.95 9.85 9.35 Maine ..............: 10.70 11.00 10.30 Michigan ...........: 12.10 13.10 13.70 Minnesota ..........: 6.95 8.00 (D) New York ...........: 13.70 15.90 14.60 North Carolina .....: (S) (S) (S) : North Dakota : Fresh 3/ .........: 10.60 13.40 (D) Processing .......: 10.70 7.90 (D) All 2/ ...........: 9.85 9.25 9.90 Oregon .............: 8.70 9.85 9.85 Texas ..............: (S) (S) (S) Virginia ...........: (S) (S) (S) : Washington : Processing .......: 8.45 7.55 (D) All 2/ ...........: 8.45 9.05 8.45 Wisconsin : Fresh 3/ .........: 5.95 14.70 (D) Processing .......: 12.00 9.75 (D) All 2/ ...........: 10.30 12.00 11.30 : United States : Fresh 3/ .........: 8.36 15.61 (D) Processing .......: 8.91 8.38 (D) All 2/ ...........: 8.57 11.17 11.26 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. 1/ Beginning in 2010, winter and summer potatoes included in spring potatoes. 2/ Average price of potatoes sold for all uses, including table stock, processing, seed, and livestock feed. 3/ Fresh market prices only. Includes table stock prices. Prices Received for All Milk - States and United States: May 2011 with Comparisons [Before deduction for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies] ---------------------------------------------------------------------------------------------------- : : : Preliminary : May 2010 : April 2011 : May 2011 State :------------------------------------------------------------------------------- : Price :Fat test : Price :Fat test : Price : Fat test ---------------------------------------------------------------------------------------------------- :dollars per cwt percent dollars per cwt percent dollars per cwt percent : Arizona ............: 14.90 3.40 19.60 3.50 19.80 3.48 California .........: 13.60 3.59 18.19 3.68 17.40 3.60 Colorado ...........: 15.20 3.43 19.70 3.57 19.50 3.47 Florida ............: 19.00 3.48 24.30 3.63 24.70 3.62 Idaho ..............: 14.30 3.57 17.70 3.70 17.50 3.63 Illinois ...........: 15.60 3.68 19.70 3.71 19.80 3.68 Indiana ............: 15.80 3.57 20.80 3.65 20.90 3.59 Iowa ...............: 15.30 3.56 19.90 3.71 19.80 3.65 Kansas .............: 15.90 3.55 20.90 3.74 21.00 3.66 Michigan ...........: 15.60 3.51 20.60 3.67 20.80 3.61 : Minnesota ..........: 14.90 3.63 19.10 3.73 19.20 3.68 Missouri ...........: 15.20 3.55 20.00 3.67 19.90 3.59 New Mexico .........: 14.50 3.42 19.20 3.56 19.30 3.50 New York ...........: 16.00 3.62 21.20 3.75 21.10 3.70 Ohio ...............: 16.40 3.63 21.60 3.79 21.80 3.72 Oregon .............: 16.10 3.68 20.40 3.79 20.50 3.74 Pennsylvania .......: 16.90 3.60 21.50 3.75 21.40 3.70 Texas ..............: 15.70 3.61 20.40 3.77 20.60 3.73 Utah ...............: 15.10 3.59 19.60 3.70 19.40 3.65 Vermont ............: 16.50 3.73 21.40 3.80 21.10 3.76 : Virginia ...........: 17.60 3.52 22.90 3.69 23.10 3.64 Washington .........: 15.00 3.68 20.30 3.79 20.40 3.74 Wisconsin ..........: 14.90 3.59 19.20 3.72 19.10 3.67 : United States ......: 15.00 3.58 19.60 3.70 19.40 3.64 ---------------------------------------------------------------------------------------------------- Prices Received for Milk Cows - States and United States: April 2011 with Comparisons [Animals sold for dairy herd replacement only. Prices estimated in January, April, July, and October] -------------------------------------------------------------------------------- State : April 2010 : January 2011 : April 2011 -------------------------------------------------------------------------------- : dollars per head : Arizona ............: 1,350 1,380 1,450 California .........: 1,300 1,200 1,300 Colorado ...........: 1,300 1,330 1,450 Florida ............: 1,450 1,360 1,480 Idaho ..............: 1,300 1,200 1,450 Illinois ...........: 1,400 1,330 1,430 Indiana ............: 1,270 1,350 1,450 Iowa ...............: 1,250 1,250 1,430 Kansas .............: 1,250 1,200 1,400 Michigan ...........: 1,400 1,450 1,550 : Minnesota ..........: 1,250 1,310 1,410 Missouri ...........: 1,160 1,130 1,280 New Mexico .........: 1,320 1,320 1,380 New York ...........: 1,300 1,300 1,400 Ohio ...............: 1,310 1,360 1,470 Oregon .............: 1,320 1,290 1,390 Pennsylvania .......: 1,400 1,400 1,450 Texas ..............: 1,270 1,200 1,400 Utah ...............: 1,150 1,140 1,300 Vermont ............: 1,350 1,400 1,500 : Virginia ...........: 1,300 1,360 1,410 Washington .........: 1,300 1,300 1,400 Wisconsin ..........: 1,450 1,430 1,560 : United States ......: 1,330 1,300 1,420 -------------------------------------------------------------------------------- Commodity Parity Prices and Price as Percent of Parity Price - United States: May 2011 with Comparisons [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See January "Agricultural Prices" for details on adjusted base price and parity price computations. Parity data not available for blank cells. Primary source of data for livestock and milk prices is United States Department of Agriculture's Agricultural Marketing Service] ---------------------------------------------------------------------------------------------------- : : Parity price : Price as percent :Adjusted : : of parity Commodity and unit : base :----------------------------------------------------------- : price : May : April : May : May : April : May : : 2010 : 2011 : 2011 : 2010 : 2011 : 2011 ---------------------------------------------------------------------------------------------------- : ------------- dollars ------------- ------- percent ------- : Basic commodities : All wheat ............bushel: 0.608 14.60 16.50 16.50 30 49 50 Rice ....................cwt: 1.63 33.70 44.30 44.30 41 29 30 Corn .................bushel: 0.384 9.08 10.40 10.40 38 61 59 Cotton : Upland ..............pound: 0.071 2.05 1.93 1.93 32 45 42 American Pima .......pound: 0.129 3.22 3.51 3.51 36 33 33 Peanuts ...............pound: 0.027 0.708 0.734 0.734 29 32 31 : Designated nonbasic : All milk, to plants 1/ ...cwt: 1.82 44.70 49.50 49.50 35 43 41 Honey, extracted 2/ ...pound: 0.134 3.10 3.64 3.64 47 40 40 : Wool and mohair : Wool ..................pound: 0.092 2.07 2.50 2.50 38 46 46 Mohair ................pound: 0.324 8.37 8.81 8.81 32 40 40 : Other nonbasic : Apples, fresh 3/ ......pound: 0.033 0.805 0.897 0.897 38 30 29 Barley ...............bushel: 0.425 10.20 11.60 11.60 42 37 39 Canola ..................cwt: 1.740 39.80 47.30 47.30 42 52 55 Cottonseed ..............ton: 15.40 368.00 419.00 419.00 42 41 41 Dry edible beans ........cwt: 2.92 70.30 79.40 79.40 40 40 40 Flaxseed .............bushel: 1.020 23.70 27.70 27.70 35 49 48 Oats .................bushel: 0.250 5.95 6.80 6.80 37 52 51 Potatoes ................cwt: 0.834 20.30 22.70 22.70 42 49 50 Sorghum grain ...........cwt: 0.675 16.00 18.30 18.40 36 64 59 Soybeans .............bushel: 0.948 22.40 25.80 25.80 42 51 50 Sunflower, all ..........cwt: 1.91 45.10 51.90 51.90 33 56 58 : Citrus (equivalent on-tree) : Grapefruit ..............box: 0.663 15.80 18.00 18.00 26 35 38 Lemons ..................box: 1.36 33.70 37.00 37.00 27 23 28 Oranges .................box: 0.686 16.10 18.60 18.70 50 38 40 Tangerines ..............box: 1.43 33.90 38.90 38.90 47 34 34 : Livestock and poultry : Beef cattle .............cwt: 10.10 249.00 275.00 275.00 38 43 42 Calves ..................cwt: 14.10 351.00 383.00 383.00 35 38 37 Hogs ....................cwt: 5.51 135.00 150.00 150.00 46 45 45 Lambs ...................cwt: 11.70 281.00 318.00 318.00 43 57 (NA) Sheep ...................cwt: 4.38 106.00 119.00 119.00 44 58 (NA) Eggs 1/ ...............dozen: 0.091 2.22 2.47 2.47 36 44 43 Turkeys, live .........pound: 0.056 1.370 1.520 1.520 41 43 45 ---------------------------------------------------------------------------------------------------- (NA) Not available. 1/ Seasonally adjusted price as percentage of parity price. 2/ 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. 3/ Equivalent packinghouse-door returns for California, New York (apples only), Oregon (except peaches), and Washington. Price at point of first sale for other states. Commodity Parity Prices - United States: May 2011 with Comparisons [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See January "Agricultural Prices" for details on adjusted base price and parity price computations] ----------------------------------------------------------------------------------------------- : : Parity price : Adjusted : Commodity and unit : base :----------------------------------------- : price : May : April : May : : 2010 : 2011 : 2011 ----------------------------------------------------------------------------------------------- : dollars : Field crops and miscellaneous : Hops ...........................pound: 0.307 7.32 8.34 8.35 Mustard seed .....................cwt: 2.66 63.20 72.30 72.30 Rapeseed .........................cwt: 2.14 49.80 58.20 58.20 Rye ...........................bushel: 0.492 11.60 13.40 13.40 Safflower ........................cwt: 1.94 47.60 52.70 52.70 Spearmint oil ..................pound: 1.44 34.60 39.10 39.20 Sweetpotatoes ....................cwt: 2.27 55.40 61.70 61.70 : Tobacco : Flue-cured, 11-14 ............pound: 0.208 5.27 5.65 5.66 Fire-cured, 21-23 ............pound: 0.293 7.27 7.96 7.97 Burley, 31 ...................pound: 0.214 5.54 5.82 5.82 Maryland, 32 .................pound: 0.183 4.54 4.97 4.98 Dark air-cured, 35-37 ........pound: 0.261 6.54 7.09 7.10 Pennsylvania seedleaf, 41 ....pound: 0.191 4.73 5.19 5.19 Cigar binder, 51 .............pound: 0.675 15.90 18.30 18.40 : : Noncitrus fruit : Apples, processing 1/ ............ton: 16.10 407.00 438.00 438.00 Apricots : Fresh 2/ .......................ton: 114.00 2,640.00 3,100.00 3,100.00 Dried (California) .............ton: 262.00 6,170.00 7,120.00 7,120.00 Avocados 2/ ......................ton: 198.00 5,150.00 5,380.00 5,380.00 Cherries : Sweet ..........................ton: 210.00 5,000.00 5,710.00 5,710.00 Tart .........................pound: 0.034 0.854 0.924 0.924 Cranberry 3/ ..................barrel: 4.89 116.00 133.00 133.00 Dates 2/ (California) ............ton: 183.00 4,810.00 4,970.00 4,980.00 : Grapes : Raisin variety .................ton: 117.00 2,680.00 3,180.00 3,180.00 Other dried ....................ton: 65.40 1,630.00 1,780.00 1,780.00 Kiwifruit ........................ton: 94.40 2,320.00 2,570.00 2,570.00 Nectarines, fresh 2/ (California) ton: 55.30 1,350.00 1,500.00 1,500.00 Olives, canning 3/ (California) ..ton: 87.40 2,310.00 2,380.00 2,380.00 ----------------------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Commodity Parity Prices - United States: May 2011 with Comparisons (continued) [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See January "Agricultural Prices" for details on adjusted base price and parity price computations] ----------------------------------------------------------------------------------------------- : : Parity price :Adjusted : Commodity and unit : base :-------------------------------------------- : price : May : April : May : : 2010 : 2011 : 2011 ----------------------------------------------------------------------------------------------- : dollars : Noncitrus fruit - continued : Papayas (Hawaii) ................pound: 0.046 1.12 1.12 1.25 Peaches : Fresh 4/ ........................ton: 83.00 2,030.00 2,020.00 2,260.00 Dried (California) ..............ton: 57.30 1,580.00 1,580.00 1,560.00 Processing, excludes dried : Clingstone 3/ (California) ...ton: 33.70 822.00 819.00 916.00 : Pears : Fresh 4/ ........................ton: 55.60 1,340.00 1,330.00 1,510.00 Dried 1/ (California) ...........ton: 178.00 4,220.00 4,210.00 4,840.00 Plums (California) : Fresh, equivalent on-tree .......ton: 60.20 1,490.00 1,480.00 1,640.00 Prunes, dried 1/ (California) .....ton: 147.00 3,560.00 3,550.00 4,000.00 Prunes and plums : Fresh, excludes California 5/ ...ton: 63.80 1,540.00 1,540.00 1,730.00 Processing, excludes dried 1/ ...ton: 25.70 647.00 644.00 699.00 : Tree nuts 6/ : Almonds .........................pound: 0.209 4.93 4.91 5.68 Hazelnuts .........................ton: 183.00 4,170.00 4,160.00 4,980.00 Pistachios ......................pound: 0.194 4.64 4.62 5.27 Walnuts ...........................ton: 177.00 4,200.00 4,180.00 4,810.00 : Vegetables, fresh 7/ : Carrots 8/ ........................cwt: 2.61 62.00 61.70 71.00 Cauliflower 8/ ....................cwt: 4.26 105.00 105.00 116.00 Celery 8/ .........................cwt: 2.05 51.00 50.80 55.70 Honeydew melons ...................cwt: 2.17 56.40 56.20 59.00 Lettuce ...........................cwt: 2.35 57.30 57.10 63.90 Onions 8/ .........................cwt: 1.57 37.10 37.00 42.70 Tomatoes ..........................cwt: 4.75 114.00 114.00 129.00 ----------------------------------------------------------------------------------------------- 1/ Equivalent returns at processing plant door. 2/ Equivalent returns at packinghouse door. 3/ Equivalent returns for bulk fruit at first delivery point. 4/ Equivalent packinghouse-door returns for California, New York (apples only), Oregon (except peaches), and Washington. Price at point of first sale for other states. 5/ Based on "as sold" prices for fresh fruit in all states. 6/ Prices In-Shell basis except almonds which are shelled basis. 7/ FOB shipping point prices. 8/ Includes some processing. 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 1900 mills and elevators. These procedures ensure that virtually all grain moving into commercial channels has a chance of being included in the survey. Generally, States surveyed account for 90 percent or more of total United States production. Livestock prices are obtained from packers, stockyards, auctions, dealers, and market check data from AMS-USDA, private marketing organizations, and state commodity groups and agencies. Inter-farm sales of grain and livestock are not included since they represent very small percentages of the total 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 United States 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: United States price estimates based on probability surveys generally have a sampling error of less than one percent for the major commodities such as corn, wheat, soybeans, cotton, and rice. Current methods of summarization for non-probability commodities are not designed directly to calculate sampling errors. However, analytical measures approximate the United States relative sampling errors at around five percent. Any 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 May Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) at 204 (1990-1992=100), is up 0.5 percent from April 2011 and 13 percent from May 2010. Production index: The May index, at 216, increased 0.5 percent from last month and 16 percent from last year. Higher prices in May for hay & forages, complete feeds, nitrogen, and gasoline more than offset lower prices for feeder cattle, feeder pigs, feed grains, and concentrates. Feed: The May index, at 228, increased 2.7 percent from April and 33 percent from last May. Since April, higher prices for hay & forages, complete feeds, and supplements more than offset lower prices for feed grains and concentrates. Livestock and poultry: The May index, at 151, decreased 5.0 percent from last month but increased 10 percent from last year. Since April, prices are lower for feeder cattle and feeder pigs. The May feeder cattle price, at $130.20 per cwt, is down $4.50 from the April price. May feeder pigs averaged $142.00 per cwt, down $42.00 from April. Fertilizer: The May index, at 328, is up 1.5 percent from April and 31 percent above May a year ago. Since April, prices are higher for nitrogen, potash & phosphate, and mixed fertilizer. Chemicals: The May index, at 144, is unchanged from April and last May. Compared with last month, prices are slightly lower for herbicides and insecticides. Fuels: The May index, at 387, is up 2.1 percent from a month earlier and 35 percent above May 2010. Compared with last month, prices are higher for gasoline, LP gas, and diesel. Machinery: The May index, at 239, is unchanged from April but 4.8 percent above last May. Compared with last month, prices are slightly lower for other machinery and self-propelled machinery. Consumer price index: The April 2011 Consumer Price Index, as issued by the Bureau of Labor Statistics, for all urban consumers (CPIU) increased 0.6 percent before seasonal adjustment to a level of 224.906 (1982-1984=100). The March index is 223.467. For the 12-month period ending in April, the overall index increased 3.2 percent. Prices Paid Indexes and Related Parity Ratios - United States: May 2011 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov] --------------------------------------------------------------------------------------------------------------------- : 1910-1914 Base : 1990-1992 Base Indexes :----------------------------------------------------------------------------------- and : May : April : May : May : April : May ratios : 2010 : 2011 : 2011 : 2010 : 2011 : 2011 --------------------------------------------------------------------------------------------------------------------- : percent : Prices paid by farmers for : commodities, services, : interest, taxes, and wage : rates (PPITW) ...................: 2409 2707 2719 181 203 204 Production ....................: 1802 2083 2092 186 215 216 Feed ........................: 838 1083 1111 172 222 228 Livestock & poultry .........: 1750 2035 1935 137 159 151 Seeds .......................: 2815 3327 3327 284 336 336 Fertilizer ..................: 918 1184 1203 250 323 328 Chemicals ...................: 893 893 892 144 144 144 Fuels .......................: 2214 2928 2986 287 379 387 Supplies & repairs ..........: 1131 1158 1163 159 163 164 : Autos & trucks ..............: 2985 3076 3085 112 116 116 Machinery ...................: 5717 5996 5990 228 239 239 Building materials ..........: 2267 2316 2328 167 170 171 Services & rent .............: 2036 2123 2124 (NA) (NA) (NA) Services ....................: (NA) (NA) (NA) 160 165 166 Rent ........................: (NA) (NA) (NA) 191 203 203 : Interest 1/ ...................: 3389 3646 3646 135 145 145 Taxes 2/ ......................: 5549 6032 6032 207 225 225 Wage rates ....................: 6991 7101 7101 187 190 190 Production, interest, taxes, : and wage rates (PITW) .......: 2478 2821 2832 184 210 211 Family living-CPI 3/ ..........: 2072 2136 2150 162 167 168 : Ratio (received/paid) .........: (NA) (NA) (NA) 76 86 85 Parity ratio 4/ ...............: 36 41 41 (NA) (NA) (NA) Parity ratio adjusted 5/ ......: 38 42 42 (NA) (NA) (NA) PPITW adjusted for : productivity 6/ .............: 1396 1463 1466 (NA) (NA) (NA) : Crop sector (PPITW) ...........: (NA) (NA) (NA) 191 213 214 Livestock sector (PPITW) ......: (NA) (NA) (NA) 170 193 194 : Farm sector (production) ......: (NA) (NA) (NA) 178 219 219 Non-farm sector (production) ..: (NA) (NA) (NA) 190 212 214 --------------------------------------------------------------------------------------------------------------------- (NA) Not available. 1/ Interest per acre on farm real estate debt and interest rate on farm non-real estate debt. 2/ Farm real estate taxes payable per acre. 3/ Bureau of Labor Statistics, Consumer Price Index for all urban consumers (CPI-U), for the previous month converted by the USDA. 4/ Ratio of index of prices received to PPITW (1910-1914=100). 5/ Based on estimated cash receipts, from marketings and government payments, the preliminary adjustment factor is 1.044 for 2011 and the revised factor is 1.041 for 2010. 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: May 2011 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Relative weights are a five year moving average] ------------------------------------------------------------------------------------- : : Indexes (1990-1992=100) : Relative weights :----------------------------- :-------------------------: May : April : May : 2010 : 2011 : 2010 : 2011 : 2011 ------------------------------------------------------------------------------------- : percent : Production items ............: 70.2 70.6 186 215 216 : Feed ......................: 11.9 12.2 172 222 228 Feed grains .............: 1.7 1.7 150 273 263 Complete feeds ..........: 5.8 6.0 178 223 229 Hay & forages ...........: 1.5 1.5 151 178 207 Concentrates ............: 1.9 1.9 182 203 201 Supplements .............: 1.0 1.0 182 232 240 Livestock & poultry .......: 8.6 8.5 137 159 151 Feeder cattle ...........: 6.7 6.6 131 159 154 Feeder pigs .............: 0.7 0.7 201 200 155 Milk cow replacements ...: 0.7 0.7 118 126 126 Poultry .................: 0.5 0.5 151 151 151 : Seeds .....................: 3.9 4.1 284 336 336 Field crops .............: 3.6 3.7 299 356 356 Grasses & legumes .......: 0.4 0.4 139 145 145 Fertilizer ................: 5.2 5.5 250 323 328 Mixed fertilizer ........: 2.3 2.4 238 313 315 Nitrogen ................: 2.2 2.3 244 319 327 Potash & phosphate ......: 0.7 0.8 310 368 376 Chemicals .................: 3.2 3.3 144 144 144 Herbicides ..............: 2.0 2.1 133 130 130 Insecticides ............: 0.7 0.7 163 167 167 Fungicides & other ......: 0.5 0.5 167 174 174 : Fuels .....................: 3.9 4.0 287 379 387 Diesel ..................: 2.5 2.5 307 419 423 Gasoline ................: 0.9 0.8 248 328 342 LP gas ..................: 0.5 0.7 248 295 311 Supplies & repairs ........: 4.6 4.6 159 163 164 Supplies ................: 1.5 1.5 154 159 160 Repairs .................: 3.0 3.0 162 166 166 Autos & trucks ............: 1.5 1.4 112 116 116 Autos ...................: 0.2 0.2 110 113 114 Trucks ..................: 1.3 1.2 113 116 116 : Machinery .................: 4.5 4.3 228 239 239 Tractors ................: 1.0 0.9 191 203 203 Self-propelled ..........: 1.8 1.7 236 250 250 Other machinery .........: 1.7 1.6 241 248 248 Building materials ........: 4.5 4.4 167 170 171 Services ..................: 12.1 12.1 160 165 166 Custom rates ............: 1.2 1.2 145 145 145 Other services ..........: 10.8 10.9 162 168 168 : Rent ......................: 6.3 6.3 191 203 203 Cash ....................: 3.4 3.4 243 258 258 Share ...................: 2.9 2.9 130 138 138 Interest ....................: 3.6 3.5 135 145 145 Taxes .......................: 3.0 3.1 207 225 225 Wage rates ..................: 7.5 7.4 187 190 190 Family living-CPI ...........: 15.7 15.4 162 167 168 ------------------------------------------------------------------------------------- Feed Price Ratios - United States: May 2011 with Comparisons ------------------------------------------------------------------------------------------------- : : : Preliminary Feed price ratio 1/ : May 2010 : April 2011 : May 2011 ------------------------------------------------------------------------------------------------- : Broiler-feed: pounds of broiler grower feed equal : in value to 1 pound of broiler, live weight 2/ ...: 5.1 3.1 3.2 : Market egg feed: pounds of laying feed equal in : value to 1 dozen eggs 3/ .........................: 5.1 6.4 4.6 : Hog-corn: bushels of corn equal in value to : 100 pounds of hog, live weight ...................: 17.9 10.7 11.0 : Milk-feed: pounds of 16% mixed dairy feed equal : in value to 1 pound of whole milk 4/ .............: 2.17 1.83 1.74 : Steer & heifer-corn: bushels of corn equal in value : to 100 pounds of steer & heifers, live weight ....: 28.6 19.2 19.2 : Turkey-feed: pounds of turkey grower equal in : value to 1 pound of turkey, live weight 5/ .......: 6.2 4.4 4.7 ------------------------------------------------------------------------------------------------- 1/ Effective January 1995, prices of commercial prepared feeds are based on current United States prices received for corn, soybeans, alfalfa hay, and all wheat. 2/ The price of commercial prepared broiler feed is based on current United States prices received for corn and soybeans. The modeled feed uses 58 percent corn and 42 percent soybeans. 3/ The price of commercial prepared layer feed is based on current United States prices received for corn and soybeans. The modeled feed uses 75 percent corn and 25 percent soybeans. 4/ The price of commercial prepared dairy feed is based on current United States prices received for corn, soybeans, and alfalfa hay. The modeled feed uses 51 percent corn, 41 percent alfalfa hay, and 8 percent soybeans. 5/ The price of commercial prepared turkey feed is based on current United States prices received for corn, soybeans, and wheat. The modeled feed uses 51 percent corn, 28 percent soybeans, and 21 percent wheat. Prices Received Used to Calculate Feed Price Ratios - United States: May 2011 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service] -------------------------------------------------------------------------------- : : : Preliminary Item : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars : Broilers, live ................pound: 0.520 0.490 0.500 Eggs, market ..................dozen: 0.441 0.887 0.622 : Hogs, all .......................cwt: 62.20 67.70 67.80 Milk, all .......................cwt: 15.00 19.60 19.40 : Steers and heifers ..............cwt: 99.70 122.00 118.00 Turkeys, live .................pound: 0.561 0.654 0.682 : Corn .........................bushel: 3.48 6.35 6.15 Hay, alfalfa ....................ton: 121.00 155.00 186.00 : Soybeans .....................bushel: 9.41 13.10 13.00 Wheat, all ...................bushel: 4.33 8.04 8.19 -------------------------------------------------------------------------------- Prices Paid for Feeder Livestock - United States: May 2011 with Comparisons [Price data source is United States Department of Agriculture's Agricultural Marketing Service] -------------------------------------------------------------------------------- : : : Preliminary Item : May 2010 : April 2011 : May 2011 -------------------------------------------------------------------------------- : dollars : Feeder cattle & calves ..........cwt: 111.10 134.70 130.20 Feeder pigs .....................cwt: 185.00 184.00 142.00 -------------------------------------------------------------------------------- Prices Paid Broiler-Feed Ratio Monthly and Annual Average - United States: January 2007 - May 2011 [The price of commercial prepared broiler feed is based on current United States prices received for corn and soybeans. The modeled feed uses 58 percent corn and 42 percent soybeans] -------------------------------------------------------------------------------------------------------------------- Year :January :February :March :April : May :June :July :August :September :October :November :December : Average -------------------------------------------------------------------------------------------------------------------- 2007: 5.1 5.3 5.3 5.5 5.5 5.3 5.4 5.2 4.9 4.3 4.0 3.7 5.0 2008: 4.0 3.6 3.6 3.4 3.4 3.2 3.4 3.3 3.5 3.9 4.2 4.5 3.7 2009: 4.2 4.4 4.3 4.2 4.2 4.2 4.3 3.9 4.1 3.9 3.9 4.1 4.1 2010: 4.5 4.7 4.9 4.8 5.1 5.1 5.0 4.5 4.4 4.1 3.8 3.5 4.5 2011: 3.4 3.0 3.4 3.1 3.2 3.2 -------------------------------------------------------------------------------------------------------------------- Prices Paid Market Egg-Feed Ratio Monthly and Annual Average - United States: January 2007 - May 2011 [The price of commercial prepared layer feed is based on current United States prices received for corn and soybeans. The modeled feed uses 75 percent corn and 25 percent soybeans] -------------------------------------------------------------------------------------------------------------------- Year :January :February :March :April : May :June :July :August :September :October :November :December : Average -------------------------------------------------------------------------------------------------------------------- 2007: 11.7 8.4 9.1 7.6 8.1 6.4 10.7 9.5 12.3 10.2 13.9 13.9 10.2 2008: 12.8 11.2 11.8 7.5 5.8 7.3 5.4 6.6 7.7 8.9 9.4 9.2 8.6 2009: 9.0 7.0 7.2 8.4 4.3 3.8 5.6 6.5 6.8 7.3 10.0 10.6 7.2 2010: 10.1 8.9 12.2 7.0 5.1 5.0 6.0 6.9 4.6 6.5 9.5 8.1 7.5 2011: 5.8 6.0 5.1 6.4 4.6 5.6 -------------------------------------------------------------------------------------------------------------------- Prices Paid Turkey-Feed Ratio Monthly and Annual Average - United States: January 2007 - May 2011 [The price of commercial prepared turkey feed is based on current United States prices received for corn, soybeans, and wheat. The modeled feed used 51 percent corn, 28 percent soybeans, and 21 percent wheat] -------------------------------------------------------------------------------------------------------------------- Year :January :February :March :April : May :June :July :August :September :October :November :December : Average -------------------------------------------------------------------------------------------------------------------- 2007: 5.4 5.3 5.5 5.8 5.9 6.1 6.6 6.7 6.6 6.5 6.2 4.9 6.0 2008: 4.1 3.6 4.0 4.0 4.3 4.3 4.5 4.7 5.4 5.9 5.6 4.4 4.6 2009: 4.1 4.6 4.8 4.7 4.7 4.8 5.1 5.2 5.3 5.6 5.7 5.6 5.0 2010: 4.8 5.3 5.6 5.9 6.2 6.9 6.9 6.7 6.6 6.8 6.4 5.6 6.2 2011: 4.6 4.2 4.4 4.4 4.7 4.5 -------------------------------------------------------------------------------------------------------------------- Prices Paid Milk-Feed Ratio Monthly and Annual Average - United States: January 2007 - May 2011 [The price of commercial prepared dairy feed is based on current United States prices received for corn, soybeans, and alfalfa. The modeled feed uses 51 percent corn, 8 percent soybeans, and 41 percent alfalfa] -------------------------------------------------------------------------------------------------------------------- Year :January :February :March :April : May :June :July :August :September :October :November :December : Average -------------------------------------------------------------------------------------------------------------------- 2007: 2.45 2.33 2.39 2.50 2.56 2.88 3.17 3.19 3.19 3.10 3.05 2.85 2.80 2008: 2.65 2.24 2.07 1.95 1.83 1.87 1.90 1.81 1.90 2.02 2.01 1.92 2.01 2009: 1.60 1.51 1.55 1.58 1.48 1.47 1.59 1.80 2.00 2.11 2.26 2.42 1.78 2010: 2.33 2.34 2.18 2.19 2.17 2.26 2.31 2.37 2.38 2.40 2.23 1.98 2.26 2011: 1.96 2.02 2.14 1.83 1.74 1.94 -------------------------------------------------------------------------------------------------------------------- Prices Paid Hog-Corn Ratio Monthly and Annual Average - United States: January 2007 - May 2011 [Number of bushels of corn equal in value to 100 pounds of all hogs, live weight] -------------------------------------------------------------------------------------------------------------------- Year :January :February :March :April : May :June :July :August :September :October :November :December : Average -------------------------------------------------------------------------------------------------------------------- 2007: 14.0 13.8 13.1 14.0 15.2 15.4 15.7 15.7 14.3 12.9 11.0 10.6 13.8 2008: 9.4 9.3 8.6 8.6 10.5 9.8 10.3 11.5 10.5 11.1 9.6 10.2 10.0 2009: 9.8 11.3 11.4 11.4 11.3 10.8 12.0 11.2 11.6 10.5 11.0 12.5 11.2 2010: 13.2 13.8 14.7 16.6 17.9 17.1 16.8 16.8 15.0 12.3 10.5 10.9 14.6 2011: 11.3 10.9 11.4 10.7 11.0 11.1 -------------------------------------------------------------------------------------------------------------------- Prices Paid Steer & Heifer-Corn Feed Ratio Monthly and Annual Average - United States: January 2007 - May 2011 [Number of bushels of corn equal in value to 100 pounds of steers & heifers, live weight] -------------------------------------------------------------------------------------------------------------------- Year :January :February :March :April : May :June :July :August :September :October :November :December : Average -------------------------------------------------------------------------------------------------------------------- 2007: 29.3 26.6 28.5 29.4 28.1 26.4 28.0 29.4 30.0 29.4 27.9 25.3 28.2 2008: 23.5 20.8 19.8 17.9 18.2 17.6 19.0 19.0 19.8 21.3 21.3 20.9 19.9 2009: 19.7 21.7 21.8 22.9 22.1 21.2 23.7 25.6 26.3 23.4 23.4 23.3 22.9 2010: 23.9 25.5 27.0 29.6 28.6 27.8 27.5 26.9 24.4 22.9 22.2 21.6 25.7 2011: 22.3 19.7 21.3 19.2 19.2 20.3 -------------------------------------------------------------------------------------------------------------------- Reliability of Prices Paid Estimates Definition: Prices paid by farmers represent the average costs of inputs purchased by farmers and ranchers to produce agricultural commodities. Conceptually, the average price when multiplied by quantity purchased should equal total producer expenditures for the item. Survey procedures: The prices paid data are obtained from establishments that sell goods and services to farmers and ranchers. Annually, about 8,500 firms are randomly selected from lists by type of item sold with an average response rate in the range of 75-80 percent. Firms are asked to report the price for the specified item "most commonly bought by farmers" or that was the "volume seller". Approximately 135 items are surveyed each March to represent all production input items purchased. The survey reference period for most items is the five business days centered 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 March Prices Paid Survey is summarized as a nonprobability survey. Average prices reported are aggregated to the region and United States level using weights available from expenditure data and other administrative sources. Price recommendations are prepared by the 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 United States levels, and are published as prices paid indexes referenced to a specific base period. Prices paid indexes for new autos and trucks, building materials, farm supplies, motor supplies, and marketing containers are updated based on price changes measured in selected Bureau of Labor Statistics (BLS) indexes. Revisions: Any revisions are published in the monthly and in annual issues of Agricultural Prices. The basis for revision must be supported by additional data that directly affect the level of the estimate. More revisions are likely for March when separate prices paid surveys are conducted, in lieu of BLS indexes, by the USDA to measure price change. Reliability: Current methods of summarization for the March data are not designed directly to calculate sampling errors. However, analytical measures approximate the United States relative sampling errors for major items around 10 percent. Any 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 1990-1992 reference and base period replaced the 1977 reference and 1971- 1973 base weight period. Five-year moving average weights replaced the current fixed 1971-1973 base period weights. The 1910-1914=100 price indexes, required by statute for computing parity prices, were linked forward based on the changes in the new 1990-1992=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 Direct general questions to Kevin Barnes, Chief, Environmental, Economics and Demographics Branch at (202) 720-6146. Below are the commodity specialists to contact for additional information. Crop Prices Received Lance Honig, Chief, Crops Branch ............................................. (202) 720-2127 Jacqueline Moore, Head, Field Crops Section................................... (202) 720-2127 Suzanne Avilla - Peanuts, Rice.............................................. (202) 720-7688 Bryan Durham - Hay, Oats.................................................... (202) 690-3234 Steve Maliszewski - Cotton, Cotton Ginnings, Sorghum........................ (202) 720-5944 Anthony Prillaman - Corn, Proso Millet, Flaxseed............................ (202) 720-9526 Nick Schauer - Wheat, Rye................................................... (202) 720-8068 Julie Schmidt - Crop Weather, Barley, Sugar Crops........................... (202) 720-7621 Travis Thorson - Soybeans, Sunflower, Other Oilseeds........................ (202) 720-7369 Jorge Garcia-Pratts, Head, Fruits, Vegetables and Special Crops Section....... (202) 720-2127 Debbie Flippin - Fresh and Processing Vegetables, Onions, Strawberries...... (202) 720-2157 Fred Granja - Apples, Apricots, Cherries, Plums, Prunes, Tobacco ........... (202) 720-4288 Erika White - Floriculture, Maple Syrup, Nursery, Tree Nuts ................ (202) 720-4215 Chris Hawthorn - Citrus, Coffee, Grapes, Tropical Fruits.................... (202) 720-5412 Daphne Schauber - Berries, Cranberries, Potatoes, Sweet Potatoes ........... (202) 720-4285 Dan Norris - Austrian Winter Peas, Dry Edible Peas, Lentils, Mints, Mushrooms, Peaches, Pears, Wrinkled Seed Peas, Dry Beans ................. (202) 720-3250 Kim Ritchie - Hops.......................................................... (360) 709-2400 Livestock Prices Received Dan Kerestes, Chief, Livestock Branch......................................... (202) 720-3570 Scott Hollis, Head, Livestock Section......................................... (202) 720-3570 Jason Hardegree - Cattle.................................................... (202) 720-3040 Mike Miller - Milk, Milk Cows.............................................. (202) 720-3278 Everett Olbert - Sheep, Lambs, Goats, Wool, Mohair......................... (202) 720-4751 Doug Bounds - Hogs......................................................... (202) 720-3106 Bruce Boess, Head, Poultry and Specialty Commodities Section.................. (202) 720-3570 Doug Bounds - Turkeys...................................................... (202) 720-3106 Kim Linonis - Eggs......................................................... (202) 690-8632 Troy Marshall - Broilers, Honey............................................. (202) 720-3244 Indexes, Prices Paid, and Parity Prices Kevin Barnes, Chief, Environmental, Economics and Demographics Branch........................................................ (202) 720-6146 Kevin Hintzman, Head, Economics Section....................................... (202) 720-6146 Daryl Brinkman - Prices Received Indexes, Parity Prices.................... (202) 720-8844 Joe Samson - Grazing Fees.................................................. (202) 720-5446 Jennifer Sissom - Prices Paid Indexes, Prices Paid for Feed, Fertilizer, Agricultural Chemicals, Seeds, Farm Supplies and Repairs, Farm Machinery, Fuels, Feeder Livestock, Poultry Chicks, Feed Price Ratios, Autos & Trucks.................................... (202) 690-3229 Access to NASS Reports For your convenience, you may access NASS reports and products the following ways: All reports are available electronically, at no cost, on the NASS web site: http://www.nass.usda.gov Both national and state specific reports are available via a free e-mail subscription. To set-up this free subscription, visit http://www.nass.usda.gov and in the "Receive NASS Updates" box under "Receive reports by Email," click on "National" or "State" to select the reports you would like to receive. 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