Agricultural Prices ISSN: 1937-4216 Released March 29, 2012, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). March Farm Prices Received Index Up 5 Points The preliminary All Farm Products Index of Prices Received by Farmers in March, at 186 percent, based on 1990-1992=100, increased 5 points (2.8 percent) from February. The Crop Index is up 8 points (3.9 percent) and the Livestock Index increased 3 points (1.9 percent). Producers received higher prices for soybeans, corn, broilers, and cattle and lower prices for milk, strawberries, snap beans, and lettuce. In addition to prices, the overall index is affected by the seasonal change based on a 3-year average mix of commodities producers sell. Increased monthly movement of soybeans, strawberries, broilers, and milk offset decreased marketings of corn, cattle, cotton, and wheat. The preliminary All Farm Products Index is up 13 points (7.5 percent) from March 2011. The Food Commodities Index, at 173, increased 5 points (3.0 percent) from last month and March 2011. Prices Paid Index up 1 Point The March Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 210 percent of the 1990-1992 average. The index is up 1 point (0.5 percent) from February and 9 points (4.5 percent) above March 2011. Compared with February, higher prices in March for diesel, gasoline, feed grains, and concentrates offset lower prices for nitrogen, potash & phosphate, feeder cattle, and supplements. Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 1990-1992 Base - United States: March 2012 with Comparisons ------------------------------------------------------------------------------------ Index : March : February : March : 2011 : 2012 : 2012 ------------------------------------------------------------------------------------ : Prices received by farmers ...............: 173 181 186 : Prices paid by farmers ...................: 201 209 210 : Ratio of prices received to prices paid ..: 86 87 89 ------------------------------------------------------------------------------------ Contents Prices Received by Farmers................................................................................. 4 Prices Received Indexes - United States: March 2012 with Comparisons....................................... 5 Prices Received and Prices Paid Indexes by Month for Selected Groups - United States: 2011 and 2012, 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: March 2012 with Comparisons.................... 8 Prices Received for Vegetables and Livestock - United States: March 2012 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 Upland 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: 2012 with Comparisons.......... 14 Prices Received for Beef Cattle and All Hogs by Month - United States: 2012 with Comparisons............... 14 Prices Received for All Wheat - States and United States: March 2012 with Comparisons...................... 15 Prices Received for Winter Wheat - States and United States: March 2012 with Comparisons................... 15 Prices Received for Durum Wheat - States and United States: March 2012 with Comparisons.................... 16 Prices Received for Spring Wheat - States and United States: March 2012 with Comparisons................... 16 Prices Received for All Barley - States and United States: March 2012 with Comparisons..................... 17 Prices Received for Malting Barley - States: March 2012 with Comparisons................................... 17 Prices Received for Feed Barley - States: March 2012 with Comparisons...................................... 17 Prices Received for Corn - States and United States: March 2012 with Comparisons........................... 18 Prices Received for Soybeans - States and United States: March 2012 with Comparisons....................... 18 Prices Received for Oats - States and United States: March 2012 with Comparisons........................... 19 Prices Received for Sorghum Grain - States and United States: March 2012 with Comparisons.................. 19 Prices Received for Dry Beans - States and United States: March 2012 with Comparisons...................... 20 Prices Received for Peanuts (In-Shell) - States and United States: March 2012 with Comparisons............. 20 Prices Received for Sunflower - States and United States: March 2012 with Comparisons...................... 21 Prices Received for Canola - States and United States: March 2012 with Comparisons......................... 21 Prices Received for Flaxseed - States and United States: March 2012 with Comparisons....................... 21 Prices Received for Upland Cotton and Cottonseed - States and United States: March 2012 with Comparisons... 22 Prices Received and Farm Marketings for Upland Cotton and Rice - United States: March 2012 with Comparisons........................................................................................ 22 Prices Received for Hay by Type - States and United States: March 2012 with Comparisons.................... 23 Prices Received for Apples - States and United States: March 2012 with Comparisons......................... 23 Prices Received for Citrus Fruits by Utilization - States and United States: March 2011.................... 24 Prices Received for Citrus Fruits by Utilization - States and United States: February 2012................. 25 Prices Received for Citrus Fruits by Utilization - States and United States: March 2012.................... 26 Prices Received for Potatoes - States and United States: March 2012 with Comparisons....................... 27 Prices Received for All Milk - States and United States: March 2012 with Comparisons....................... 28 Prices Received for Milk Cows - States and United States: January 2012 with Comparisons.................... 29 Commodity Parity Prices and Price as Percent of Parity Price - United States: March 2012 with Comparisons.. 30 Commodity Parity Prices - United States: March 2012 with Comparisons....................................... 31 Reliability of Prices Received Estimates................................................................... 33 Prices Paid by Farmers..................................................................................... 34 Prices Paid Indexes and Related Parity Ratios - United States: March 2012 with Comparisons................. 35 Prices Paid Indexes and Annual Weights for Input Components and Sub-Components - United States: March 2012 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: March 2012 with Comparisons............................................. 40 Prices Received Used to Calculate Feed Price Ratios - United States: March 2012 with Comparisons........... 40 Prices Paid for Feeder Livestock - United States: March 2012 with Comparisons.............................. 40 Reliability of Prices Paid Estimates....................................................................... 41 Information Contacts....................................................................................... 42 Prices Received by Farmers The March All Farm Products Index is 186 percent of its 1990-1992 base, up 2.8 percent from the February index and 7.5 percent above the March 2011 index. All crops: The March index, at 213, increased 3.9 percent from February and is 7.6 percent above March 2011. The index groups with the largest contributions to the increase were feed grains & hay, oilseeds, commercial vegetables, and fruits & nuts. Food grains: The March index, at 230, is 1.8 percent above the previous month but 1.3 percent below a year ago. The price of March all wheat, at $7.24 per bushel, is up 14 cents from February but 31 cents below March 2011. Feed grains & hay: The March index, at 276, increased 3.0 percent from last month and is 20 percent above a year ago. The corn price, at $6.48 per bushel, is up 20 cents from last month and 95 cents above March 2011. The all hay price, at $181 per ton, is $5.00 higher than February and $55.00 higher than March 2011. Sorghum grain, at $11.30 per cwt, increased 50 cents from February and 70 cents from March last year. Cotton, Upland: The March index, at 154, is up 1.3 percent from February and 11 percent above last year. The March price, at 93.6 cents per pound, is up 1.2 cents from the previous month and 9.2 cents above last March. Oilseeds: The March index, at 235, increased 6.8 percent from February and is 3.1 percent higher than March 2011. The soybean price, at $13.10 per bushel, increased 90 cents from February and is 40 cents higher than March 2011. Fruits & nuts: The March index, at 163, is 5.2 percent higher than February and 13 percent above a year ago. The price increases for oranges and apples more than offset price decreases for strawberries and pears. Commercial vegetables: The March index, at 129, increased 15 percent from last month but is 39 percent below March 2011. Price increases during March for tomatoes and broccoli more than offset price declines for snap beans and lettuce. Potatoes & dry beans: The March index, at 180, is up 3.4 percent from last month but 0.6 percent below March 2011. The all potato price, at $9.74 per cwt, is up 43 cents from February but down $1.00 from last March. The all dry bean price, at $49.00 per cwt, is up $2.30 from the previous month and $19.10 above March 2011. Livestock and products: The March index, at 161, is 1.9 percent above last month and 5.9 percent higher than March 2011. Compared with a year ago, prices are higher for cattle, broilers, eggs, calves, hogs, and turkeys. The price for milk is down from last year. Meat animals: The March index, at 169, is up 1.8 percent from last month and 12 percent higher than last year. The March hog price, at $65.70 per cwt, is up 20 cents from February and $2.80 higher than a year ago. The March beef cattle price of $130 per cwt is up $3.00 from last month and $15.00 higher than March 2011. Dairy products: The March index, at 133, is down 2.2 percent from a month ago and 15 percent lower than March last year. The March all milk price of $17.40 per cwt is 30 cents lower than last month and down $3.00 from March 2011. Poultry & eggs: The March index, at 174, is up 8.1 percent from February and 16 percent above a year ago. The March market egg price, at 79.1 cents per dozen, increased 12.2 cents from February and is 13.9 cents above March 2011. The March broiler price, at 57.0 cents per pound, is up 4.0 cents from February and 8.0 cents above a year ago. The March turkey price, at 68.5 cents per pound, is up 3.5 cents from the previous month and 8.6 cents from a year earlier. Prices Received Indexes - United States: March 2012 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 : March : February : March : March : February : March Index : Average : 2011 : 2012 : 2012 : 2011 : 2012 : 2012 -------------------------------------------------------------------------------------------------------------------- : percent : : All products ...................: 639 1100 1148 1179 173 181 186 : All crops ......................: 500 979 1018 1054 198 205 213 Food grains ..................: 325 739 715 730 233 226 230 Feed grains & hay ............: 363 820 955 984 230 268 276 Cotton, Upland ...............: 517 714 782 792 139 152 154 Tobacco ......................: 1263 1491 1566 1566 99 104 104 Oilseeds .....................: 554 1250 1208 1288 228 220 235 Fruits & nuts ................: 716 1007 1079 1138 144 155 163 Commercial vegetables ........: 698 1523 803 922 213 112 129 Potatoes & dry beans .........: 540 915 881 914 181 174 180 Other crops ..................: 493 643 645 645 131 131 131 : Livestock and products .........: 768 1166 1208 1234 152 158 161 Meat animals .................: 1021 1538 1694 1717 151 166 169 Dairy products ...............: 799 1255 1089 1071 156 136 133 Poultry & eggs ...............: 282 421 452 489 150 161 174 : Food commodities ...............: (NA) (NA) (NA) (NA) 168 168 173 -------------------------------------------------------------------------------------------------------------------- (NA) Not available. Prices Received and Prices Paid Indexes by Month for Selected Groups - United States: 2011 and 2012, 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 :---------------------------------------------------------------- :2011 :2012 :2011 : 2012 : 2011 :2012 : 2011 :2012 : 2011 : 2012 -------------------------------------------------------------------------------- : percent percent percent percent percent : January .......: 166 188 189 212 137 156 195 208 204 221 February ......: 171 181 200 205 144 158 197 209 207 222 March .........: 173 186 198 213 152 161 201 210 211 222 April .........: 176 200 156 203 215 May ...........: 175 203 152 203 215 June ..........: 180 209 153 203 215 July ..........: 181 207 155 204 216 August ........: 183 209 158 204 216 September .....: 179 203 152 204 217 October .......: 184 203 154 204 216 November ......: 184 206 157 205 218 December ......: 179 198 157 205 217 -------------------------------------------------------------------------------- Prices Received for Field Crops and Fruits - United States: March 2012 with Comparisons ------------------------------------------------------------------------------------------------------ : Average : : : Preliminary Commodity :1990-1992=100 : March 2011 :February 2012 : March 2012 ------------------------------------------------------------------------------------------------------ : Field crops : Austrian winter peas .........dollars/cwt: (NA) (S) (D) (S) Barley, all ...............dollars/bushel: 2.12 4.29 5.39 5.37 Feed .....................dollars/bushel: 1.90 4.26 4.75 4.62 Malting ..................dollars/bushel: 2.43 4.29 5.47 5.50 Beans, dry edible ............dollars/cwt: 19.10 29.90 46.70 49.00 Canola .......................dollars/cwt: (NA) 23.40 24.80 26.00 Chickpeas, all ...............dollars/cwt: (NA) 32.40 41.30 (D) Large .......................dollars/cwt: (NA) 35.40 44.80 (D) Small .......................dollars/cwt: (NA) 21.60 (D) (S) Corn ......................dollars/bushel: 2.30 5.53 6.28 6.48 : Cotton, Upland .............dollars/pound: 0.606 0.844 0.924 0.936 Cottonseed 1/ ................dollars/ton: 96.00 (NA) 275.00 (NA) Flaxseed ..................dollars/bushel: 4.27 13.70 13.30 13.70 Hay, all, baled ..............dollars/ton: 76.30 126.00 176.00 181.00 Alfalfa .....................dollars/ton: 77.20 142.00 198.00 201.00 Other .......................dollars/ton: 60.00 99.50 130.00 139.00 Lentils ......................dollars/cwt: (NA) 29.70 23.70 25.40 Oats ......................dollars/bushel: 1.22 3.28 3.46 3.58 Peanuts, in-shell ..........dollars/pound: 0.304 0.234 0.329 0.342 Peas, dry edible .............dollars/cwt: (NA) 10.90 15.10 15.80 : Potatoes .....................dollars/cwt: 5.82 10.74 9.31 9.74 Rice, all ....................dollars/cwt: 7.07 13.00 13.80 14.10 Long ........................dollars/cwt: (NA) 11.60 13.20 13.20 Medium and short ............dollars/cwt: (NA) 18.50 15.30 16.00 Sorghum grain ................dollars/cwt: 3.75 10.60 10.80 11.30 Soybeans ..................dollars/bushel: 5.61 12.70 12.20 13.10 Sunflowers, all ..............dollars/cwt: 9.50 28.30 29.60 28.20 : Wheat, all ................dollars/bushel: 2.96 7.55 7.10 7.24 Winter ...................dollars/bushel: 2.93 7.02 6.67 6.65 Durum ....................dollars/bushel: 2.86 8.09 8.95 9.21 Other spring .............dollars/bushel: 3.11 8.07 8.01 8.14 Hard red winter 2/ .......dollars/bushel: (NA) 7.10 6.73 (NA) Soft red winter 2/ .......dollars/bushel: (NA) 6.70 7.13 (NA) Hard red spring 2/ .......dollars/bushel: (NA) 8.12 8.21 (NA) White 2/ .................dollars/bushel: 3.24 6.65 6.43 (NA) : Fruits : Citrus, equivalent on-tree : Grapefruit ..................dollars/box: 5.77 5.69 5.96 6.28 Lemons ......................dollars/box: 10.10 5.70 11.54 13.00 Oranges .....................dollars/box: 5.79 6.77 7.64 8.12 Tangelos ....................dollars/box: 5.82 (NA) 14.33 (NA) Tangerines and mandarins ....dollars/box: 15.11 13.23 18.50 23.52 : Noncitrus, fresh : Apples 3/ .................dollars/pound: 0.212 0.282 0.354 0.364 Grapes 3/ ...................dollars/ton: 506.00 (S) (S) (NA) Peaches 3/ ..................dollars/ton: 432.00 (S) (S) (S) Pears 3/ ....................dollars/ton: 370.00 625.00 472.00 379.00 Strawberries ................dollars/cwt: 56.00 99.20 113.00 105.00 ------------------------------------------------------------------------------------------------------ (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: March 2012 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 : March 2011 :February 2012 : March 2012 ------------------------------------------------------------------------------------------------------ : Vegetables, fresh 1/ : Asparagus ....................dollars/cwt: 79.80 132.00 (S) (S) Beans, snap 2/ ...............dollars/cwt: (NA) 48.80 77.20 57.70 Broccoli .....................dollars/cwt: 22.50 40.80 22.50 33.90 Cantaloupes 2/ ...............dollars/cwt: (NA) (S) (S) (S) Carrots ......................dollars/cwt: 13.20 44.60 26.30 26.70 Cauliflower ..................dollars/cwt: 26.80 51.30 31.80 48.60 Celery .......................dollars/cwt: 11.60 29.50 12.60 12.00 Corn, sweet ..................dollars/cwt: 15.70 42.40 31.00 35.60 Cucumbers 2/ .................dollars/cwt: (NA) (S) (S) (S) Lettuce ......................dollars/cwt: 11.90 35.20 12.60 11.90 Onions 3/ ....................dollars/cwt: 12.80 8.04 5.97 7.35 Tomatoes .....................dollars/cwt: 32.30 98.70 30.60 50.50 : Livestock : Calves .......................dollars/cwt: 94.30 148.00 184.00 185.00 Cattle, all beef .............dollars/cwt: 72.90 115.00 127.00 130.00 Cows 4/ .....................dollars/cwt: 49.60 75.20 82.00 84.50 Steers and heifers ..........dollars/cwt: 77.10 118.00 131.00 134.00 Milk cows 5/ ................dollars/head: 1130.00 (NA) (NA) (NA) Hogs, all ....................dollars/cwt: 47.70 62.90 65.50 65.70 Barrows and gilts ...........dollars/cwt: 48.40 63.10 65.80 65.80 Sows ........................dollars/cwt: 39.50 58.00 58.30 60.40 : Dairy and poultry : Milk, all 6/ .................dollars/cwt: 13.06 20.40 17.70 17.40 Fat test ........................percent: 3.66 3.74 3.75 3.70 Broilers, live 7/ ..........dollars/pound: 0.317 0.490 0.530 0.570 Eggs, all 8/ ...............dollars/dozen: 0.643 0.849 0.885 0.995 Market 8/ 9/ ..............dollars/dozen: 0.546 0.652 0.669 0.791 Turkeys, live 8/ 10/ 11/ ...dollars/pound: 0.380 0.599 0.650 0.685 : Adjusted for seasonal variation : Eggs, all ..................dollars/dozen: 0.545 0.759 0.842 0.890 Seasonal factor .................percent: 100 112 105 112 Milk, all 6/ .................dollars/cwt: 9.71 21.80 18.00 18.60 Seasonal factor .................percent: 100 94 99 94 ------------------------------------------------------------------------------------------------------ (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: 2012 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 : 2010 : 2011 : 2012 : 2010 : 2011 : 2012 : 2010 : 2011 : 2012 ------------------------------------------------------------------------------------------------------------------------ : dollars per bushel : January ....: 4.90 6.69 7.04 3.66 4.94 6.07 9.79 11.60 11.90 February ...: 4.73 7.42 7.10 3.55 5.65 6.28 9.41 12.70 12.20 March ......: 4.70 7.55 7.24 3.55 5.53 6.48 9.39 12.70 13.10 April ......: 4.41 8.01 3.41 6.36 9.47 13.10 May ........: 4.34 8.16 3.48 6.32 9.41 13.20 June .......: 4.16 7.41 3.41 6.38 9.45 13.20 July .......: 4.49 7.10 3.49 6.33 9.79 13.20 August .....: 5.44 7.61 3.65 6.88 10.10 13.40 September ..: 5.79 7.55 4.08 6.37 9.98 12.20 October ....: 5.88 7.29 4.32 5.71 10.20 11.70 November ...: 6.10 7.26 4.55 5.84 11.10 11.70 December ...: 6.44 7.19 4.82 5.86 11.60 11.50 ------------------------------------------------------------------------------------------------------------------------ Prices Received for Beef Cattle and All Hogs by Month - United States: 2012 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] ---------------------------------------------------------------------------------- : Beef cattle 1/ : All hogs 2/ Month :----------------------------------------------------------------------- : : :Preliminary: : :Preliminary : 2010 : 2011 : 2012 : 2010 : 2011 : 2012 ---------------------------------------------------------------------------------- : dollars per cwt : January ..: 82.30 107.00 125.00 48.40 56.00 63.50 February .: 85.70 108.00 127.00 48.90 61.40 65.50 March ....: 90.40 115.00 130.00 52.10 62.90 65.70 April ....: 95.60 119.00 56.50 67.80 May ......: 94.70 112.00 62.20 68.60 June .....: 90.40 107.00 58.20 69.70 July .....: 91.70 111.00 58.50 71.70 August ...: 93.50 111.00 61.30 75.80 September : 94.10 112.00 61.00 67.10 October ..: 93.10 117.00 53.30 68.70 November .: 94.00 120.00 47.80 64.40 December .: 98.10 120.00 52.40 63.50 ---------------------------------------------------------------------------------- 1/ Cows and steers & heifers. 2/ Barrows & gilts and sows. Prices Received for All Wheat - States and United States: March 2012 with Comparisons ------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 ------------------------------------------------------------------------------- : dollars per bushel : Arizona ..............: (S) (D) (S) Arkansas .............: (D) (D) 6.70 California ...........: 6.48 (D) (D) Colorado .............: 6.91 6.44 6.30 Idaho ................: 6.94 6.99 7.29 Illinois .............: 7.01 6.79 6.70 Indiana ..............: 7.58 7.19 6.40 Kansas ...............: 7.84 6.82 6.65 Michigan .............: 6.81 6.78 6.70 Minnesota ............: 6.83 8.09 8.18 : Missouri .............: 6.36 6.50 6.50 Montana ..............: 7.22 7.37 7.67 Nebraska .............: 6.38 6.43 6.30 North Carolina .......: 7.83 8.00 7.00 North Dakota .........: 8.35 7.94 8.15 Ohio .................: 6.51 6.88 6.87 Oklahoma .............: 7.25 6.88 6.71 Oregon ...............: 7.21 6.47 6.85 South Dakota .........: 8.70 7.25 7.18 Texas ................: 7.99 7.58 6.67 Washington ...........: 7.31 6.65 6.85 : United States ........: 7.55 7.10 7.24 ------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Winter Wheat - States and United States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per bushel : Arkansas ...........: (D) (D) 6.70 California .........: 6.48 (D) (D) Colorado ...........: 6.91 6.44 6.30 Idaho ..............: 6.56 6.60 6.90 Illinois ...........: 7.01 6.79 6.70 Indiana ............: 7.58 7.19 6.40 Kansas .............: 7.84 6.82 6.65 Michigan ...........: 6.81 6.78 6.70 Minnesota ..........: 6.36 (D) 6.40 Missouri ...........: 6.36 6.50 6.50 : Montana ............: 6.69 6.48 6.80 Nebraska ...........: 6.38 6.43 6.30 North Carolina .....: 7.83 8.00 7.00 North Dakota .......: 6.35 5.92 6.10 Ohio ...............: 6.51 6.88 6.87 Oklahoma ...........: 7.25 6.88 6.71 Oregon .............: 7.07 6.42 6.80 South Dakota .......: 7.23 6.69 6.70 Texas ..............: 7.99 7.58 6.67 Washington .........: 6.64 6.42 6.60 : United States ......: 7.02 6.67 6.65 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Durum Wheat - States and United States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per bushel : Arizona ............: (S) (D) (S) California .........: (D) (S) (S) Idaho ..............: (D) (D) (D) Montana ............: 7.67 10.20 10.20 North Dakota .......: 8.14 8.31 8.80 : United States ......: 8.09 8.95 9.21 -------------------------------------------------------------------------------- (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: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per bushel : Colorado ...........: (D) (D) (S) Idaho ..............: 7.51 7.64 7.70 Minnesota ..........: 6.84 8.10 8.20 Montana ............: 7.71 8.17 8.46 North Dakota .......: 8.48 8.12 8.15 Oregon .............: 8.22 6.82 7.10 South Dakota .......: 9.26 8.21 8.00 Washington .........: 9.23 7.68 7.79 : United States ......: 8.07 8.01 8.14 -------------------------------------------------------------------------------- (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: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per bushel : California .........: (D) (S) (S) Colorado ...........: 2.93 5.27 (D) Idaho ..............: 4.16 5.82 5.81 Minnesota ..........: (D) (D) (D) Montana ............: 4.28 5.00 4.81 North Dakota .......: 4.35 5.56 5.81 Oregon .............: 4.29 4.29 4.50 Utah ...............: 5.00 5.19 (D) Washington .........: 4.51 4.23 4.53 Wyoming ............: (D) (D) (D) : United States ......: 4.29 5.39 5.37 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Malting Barley - States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per bushel : Idaho ..............: 4.08 5.90 (D) Minnesota ..........: (D) (D) (D) Montana ............: 4.29 5.02 (D) North Dakota .......: 4.37 5.63 5.90 Wyoming ............: (D) (D) (D) -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Feed Barley - States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per bushel : Idaho ..............: 4.64 4.89 4.85 Minnesota ..........: 4.20 4.93 4.90 Montana ............: 4.20 4.69 (D) North Dakota .......: 4.19 4.85 5.00 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: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per bushel : Colorado ...........: 5.21 6.30 6.47 Illinois ...........: 5.73 6.37 6.60 Indiana ............: 5.80 6.45 6.73 Iowa ...............: 5.32 6.21 6.40 Kansas .............: 6.08 6.35 6.55 Kentucky ...........: 5.76 6.51 6.70 Michigan ...........: 5.84 6.14 6.35 Minnesota ..........: 5.25 6.05 6.30 Missouri ...........: 5.60 6.46 6.70 Nebraska ...........: 5.30 6.22 6.40 : North Carolina .....: 6.65 7.07 7.15 North Dakota .......: 5.51 5.92 6.20 Ohio ...............: 5.95 6.43 6.65 Pennsylvania .......: 6.88 7.07 7.10 South Dakota .......: 5.44 6.06 6.29 Tennessee ..........: 6.08 6.75 7.00 Texas ..............: 5.45 7.03 7.24 Wisconsin ..........: 5.60 6.08 6.23 : United States ......: 5.53 6.28 6.48 -------------------------------------------------------------------------------- Prices Received for Soybeans - States and United States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per bushel : Arkansas ...........: 12.50 12.40 13.40 Illinois ...........: 13.10 12.40 13.40 Indiana ............: 12.80 12.50 13.30 Iowa ...............: 12.40 12.10 13.10 Kansas .............: 12.90 12.00 12.80 Kentucky ...........: 13.00 12.50 13.40 Louisiana ..........: 13.30 12.60 (D) Michigan ...........: 12.20 12.10 13.10 Minnesota ..........: 12.50 12.00 13.00 Mississippi ........: 13.20 12.30 13.30 : Missouri ...........: 12.60 12.40 13.20 Nebraska ...........: 12.60 11.90 12.70 North Carolina .....: 13.20 12.40 13.20 North Dakota .......: 12.50 11.70 12.70 Ohio ...............: 12.90 12.60 13.50 South Dakota .......: 12.50 12.00 12.90 Tennessee ..........: 12.80 12.40 13.10 Wisconsin ..........: 12.00 12.20 12.90 : United States ......: 12.70 12.20 13.10 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Oats - States and United States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per bushel : Illinois ...........: (S) (D) (S) Iowa ...............: 3.17 3.61 3.70 Michigan ...........: 3.34 (D) (D) Minnesota ..........: 3.09 3.40 3.40 Montana ............: 2.52 (D) (S) Nebraska ...........: 3.72 3.99 4.05 New York ...........: 3.63 (D) (D) North Dakota .......: 3.19 3.15 (D) Oregon .............: (S) (S) (S) Pennsylvania .......: 3.98 4.01 4.03 South Dakota .......: 3.36 3.65 3.72 Texas ..............: (S) (S) (S) Wisconsin ..........: 3.19 3.60 3.40 : United States ......: 3.28 3.46 3.58 -------------------------------------------------------------------------------- (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: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per cwt : Arkansas ...........: (S) (D) (D) Illinois ...........: 10.50 (D) (S) Kansas .............: 10.80 10.80 11.20 Louisiana ..........: (S) (D) (S) Missouri ...........: (D) 10.70 11.20 Nebraska ...........: 10.30 10.60 10.70 Oklahoma ...........: 10.90 10.90 11.40 Texas ..............: 9.75 11.20 12.10 : United States ......: 10.60 10.80 11.30 -------------------------------------------------------------------------------- (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: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per cwt : : California .........: 46.90 50.30 (D) Colorado ...........: 29.40 50.30 52.00 Idaho ..............: 27.50 45.10 48.00 Michigan ...........: 36.70 53.40 (D) Minnesota ..........: 34.70 46.40 46.40 Nebraska ...........: 31.90 46.90 47.30 North Dakota .......: 26.10 45.50 45.00 : United States ......: 29.90 46.70 49.00 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Peanuts (In-Shell) - States and United States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per pound : Alabama ............: 0.218 0.309 0.359 Florida ............: 0.218 0.326 0.359 Georgia ............: 0.223 0.326 0.343 Mississippi ........: 0.221 0.384 0.461 New Mexico .........: (D) (S) (S) North Carolina .....: 0.256 0.331 0.309 Oklahoma ...........: 0.242 (D) 0.327 South Carolina .....: 0.254 0.306 0.336 Texas ..............: 0.272 0.421 0.382 Virginia ...........: 0.255 0.336 0.321 : United States ......: 0.234 0.329 0.342 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Sunflower - States and United States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per cwt : Colorado ...........: (D) 28.10 (D) Kansas .............: (D) 31.00 29.70 Minnesota ..........: 28.20 34.80 (D) North Dakota .......: 28.60 32.30 28.60 South Dakota .......: 26.90 26.60 26.10 : United States ......: 28.30 29.60 28.20 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Canola - States and United States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per cwt : Minnesota ..........: 25.20 25.90 (S) North Dakota .......: 23.30 24.80 26.00 : United States ......: 23.40 24.80 26.00 -------------------------------------------------------------------------------- (S) Insufficient number of reports to establish an estimate. Prices Received for Flaxseed - States and United States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per bushel : North Dakota .......: 13.70 13.30 13.70 : United States ......: 13.70 13.30 13.70 -------------------------------------------------------------------------------- Prices Received for Upland Cotton and Cottonseed - States and United States: March 2012 with Comparisons [Cottonseed marketing year August - February] -------------------------------------------------------------------------------------------------------- : Cotton, Upland : Cottonseed State :----------------------------------------------------------------------------------- : : : Preliminary : : : Preliminary : March : February : March : March : February : March : 2011 : 2012 : 2012 : 2011 : 2012 : 2012 -------------------------------------------------------------------------------------------------------- : -------- dollars per pound -------- -------- dollars per ton ------- : Alabama ............: (D) 0.944 0.995 (NA) 208.00 (NA) Arizona ............: (D) 0.894 (D) (NA) 299.00 (NA) Arkansas ...........: (D) 0.985 0.930 (NA) (S) (NA) California .........: 1.850 (D) (D) (NA) (D) (NA) Georgia ............: 0.835 0.927 0.986 (NA) 208.00 (NA) Louisiana ..........: (D) 0.992 (D) (NA) (S) (NA) Mississippi ........: (D) 0.985 0.981 (NA) (S) (NA) North Carolina .....: 0.809 0.906 0.996 (NA) (S) (NA) Tennessee ..........: 0.851 0.964 (D) (NA) (S) (NA) Texas ..............: 0.849 0.833 0.824 (NA) 311.00 (NA) : United States ......: 0.844 0.924 0.936 (NA) 275.00 (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: March 2012 with Comparisons ----------------------------------------------------------------------------------------------- : : : Preliminary Item : March 2011 : February 2012 : March 2012 ----------------------------------------------------------------------------------------------- : Cotton, Upland : Average price ......dollars/pound: 0.844 0.924 0.936 Marketings 1/ ........1,000 bales: 416 858 (NA) : Rice, all : Average price ........dollars/cwt: 13.00 13.80 14.10 Marketings 2/ ..........1,000 cwt: 15,844 13,187 (NA) : Rice, long : Average price ........dollars/cwt: 11.60 13.20 13.20 Marketings 2/ ..........1,000 cwt: 12,537 9,917 (NA) : Rice, medium and short : Average price ........dollars/cwt: 18.50 15.30 16.00 Marketings 2/ ..........1,000 cwt: 3,307 3,270 (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: March 2012 with Comparisons -------------------------------------------------------------------------------------------------------------------------- : All hay : Alfalfa hay : Other hay State :----------------------------------------------------------------------------------------------------------- : : :Preliminary: : :Preliminary: : :Preliminary : March : February : March : March : February : March : March : February : March : 2011 : 2012 : 2012 : 2011 : 2012 : 2012 : 2011 : 2012 : 2012 -------------------------------------------------------------------------------------------------------------------------- : dollars per ton : Arizona ......: 176.00 252.00 255.00 180.00 255.00 260.00 125.00 185.00 195.00 California ...: 212.00 244.00 242.00 240.00 250.00 245.00 116.00 215.00 226.00 Colorado .....: 136.00 235.00 247.00 140.00 245.00 255.00 115.00 165.00 170.00 Idaho ........: 155.00 206.00 207.00 157.00 210.00 210.00 120.00 145.00 145.00 Illinois .....: 138.00 140.00 172.00 145.00 150.00 180.00 90.00 110.00 140.00 Iowa .........: 110.00 139.00 140.00 118.00 152.00 149.00 79.00 95.00 94.00 Kansas .......: 98.00 195.00 184.00 115.00 225.00 220.00 75.00 105.00 100.00 Kentucky .....: 94.00 113.00 114.00 140.00 190.00 185.00 75.00 90.00 85.00 Michigan .....: 97.00 106.00 100.00 105.00 115.00 110.00 80.00 85.00 80.00 Minnesota ....: 106.00 117.00 126.00 110.00 135.00 145.00 80.00 90.00 90.00 : Missouri .....: 76.00 93.00 124.00 135.00 250.00 250.00 60.00 75.00 100.00 Montana ......: 76.00 105.00 104.00 77.00 107.00 105.00 74.00 93.00 97.00 Nebraska .....: 76.00 128.00 129.00 80.00 139.00 140.00 65.00 95.00 99.00 Nevada .......: 150.00 230.00 223.00 151.00 233.00 226.00 129.00 165.00 175.00 New Mexico ...: 174.00 294.00 294.00 180.00 301.00 301.00 147.00 224.00 224.00 New York .....: 112.00 102.00 108.00 140.00 134.00 160.00 110.00 100.00 105.00 North Dakota .: 63.00 73.00 68.00 66.00 79.00 78.00 47.00 57.00 56.00 Ohio .........: 116.00 148.00 143.00 162.00 209.00 192.00 78.00 94.00 111.00 Oklahoma .....: 84.00 190.00 193.00 136.00 241.00 249.00 77.00 135.00 143.00 Oregon .......: 169.00 220.00 230.00 168.00 237.00 246.00 170.00 196.00 208.00 : Pennsylvania .: 126.00 191.00 191.00 159.00 224.00 228.00 118.00 170.00 174.00 South Dakota .: 80.00 123.00 122.00 83.00 132.00 129.00 70.00 89.00 85.00 Texas ........: 123.00 175.00 181.00 190.00 277.00 276.00 112.00 155.00 162.00 Utah .........: 120.00 191.00 171.00 120.00 193.00 175.00 106.00 155.00 142.00 Washington ...: 149.00 238.00 236.00 140.00 250.00 245.00 170.00 210.00 215.00 Wisconsin ....: 101.00 113.00 113.00 105.00 125.00 125.00 75.00 90.00 90.00 Wyoming ......: 97.00 144.00 151.00 98.00 150.00 155.00 90.00 125.00 130.00 : United States : 126.00 176.00 181.00 142.00 198.00 201.00 99.50 130.00 139.00 -------------------------------------------------------------------------------------------------------------------------- Prices Received for Apples - States and United States: March 2012 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 : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per pound : California .........: (NA) (NA) (NA) Michigan ...........: 0.300 0.325 0.325 New York ...........: 0.257 0.301 0.302 Ohio ...............: 0.530 0.430 0.490 Pennsylvania .......: (NA) (NA) 0.471 Virginia ...........: 0.260 0.390 0.390 Washington .........: 0.284 0.356 0.341 : United States ......: 0.282 0.354 0.364 -------------------------------------------------------------------------------- (NA) Not available. Prices Received for Citrus Fruits by Utilization - States and United States: March 2011 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85; tangelos-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 1/ ..............: 17.00 10.60 10.60 (D) 8.50 8.50 (D) Florida ....................: 21.70 8.17 11.87 6.38 5.61 9.68 3.64 White ....................: 23.50 7.48 13.60 5.75 5.02 11.45 3.20 Colored ..................: 21.20 8.50 11.40 6.75 5.90 9.20 3.90 Texas ......................: 24.00 7.38 13.70 1.60 5.91 12.15 0.20 : United States ..............: 21.40 8.23 11.78 6.38 5.69 9.60 3.64 : Lemons : Arizona ....................: (D) (D) (D) (D) (D) (D) (D) California .................: 29.70 11.94 18.80 (D) 6.07 12.93 (D) : United States ..............: 29.60 11.57 18.74 (D) 5.70 12.87 (D) : Oranges : California .................: 19.90 8.79 11.28 (D) 6.34 8.87 (D) Navel and miscellaneous ..: 19.40 8.21 10.76 (D) 5.76 8.35 (D) Valencia .................: (D) (D) (D) (D) (D) (D) (D) : Florida ....................: 23.20 9.68 13.19 9.52 7.09 10.48 6.94 Early and mids ...........: 21.00 9.78 11.00 9.70 7.27 8.25 7.20 Valencia .................: 23.70 9.67 13.70 9.50 7.06 11.00 6.90 : United States ..............: 20.10 9.30 11.41 8.13 6.77 8.98 5.55 : Tangerines and : mandarins : Arizona ....................: (S) (S) (S) (S) (S) (S) (S) California .................: (D) (D) (D) (D) (D) (D) (D) Florida ....................: 28.20 13.53 15.95 8.80 10.03 12.45 5.30 : United States ..............: 27.60 16.18 18.72 3.76 13.23 15.95 -0.05 --------------------------------------------------------------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. 1/ Some processed sales included in fresh sales. Prices Received for Citrus Fruits by Utilization - States and United States: February 2012 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85; tangelos-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 1/ ..............: 17.20 10.67 10.67 (D) 8.53 8.53 (D) Florida ....................: 18.60 8.40 8.94 8.10 5.86 6.70 5.39 White ....................: 18.40 7.71 8.70 7.45 5.20 6.50 4.85 Colored ..................: 18.60 8.74 9.00 8.55 6.18 6.75 5.75 Texas ......................: 23.80 7.66 13.50 1.60 6.19 11.95 0.20 : United States ..............: 19.60 8.33 9.96 7.27 5.96 7.87 4.72 : Lemons : Arizona ....................: (D) (D) (D) (D) (D) (D) (D) California .................: 35.60 17.60 24.48 (D) 11.61 18.49 (D) : United States ..............: 35.50 17.53 24.40 (D) 11.54 18.41 (D) : Oranges : California : Navel and miscellaneous ..: 21.60 10.27 12.79 (D) 7.77 10.33 (D) : Florida : Early and mids ...........: 24.10 10.19 13.85 10.10 7.58 11.05 7.50 : United States ..............: 21.80 10.21 12.85 9.25 7.64 10.37 6.65 : Tangelos : Florida ....................: 35.30 17.45 24.20 10.70 14.33 21.05 7.60 : Tangerines and : mandarins : Arizona ....................: (D) (D) (D) (D) (D) (D) (D) California .................: (D) (D) (D) (D) (D) (D) (D) Florida ....................: 28.30 13.62 16.00 10.40 9.75 12.30 6.30 : United States ..............: 33.50 21.59 24.40 8.00 18.50 21.52 3.89 --------------------------------------------------------------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. 1/ Some processed sales included in fresh sales. Prices Received for Citrus Fruits by Utilization - States and United States: March 2012 [Net pounds per box: grapefruit in California-80, Florida-85, Texas-80; lemons-80; oranges in California-80, Florida-90, Texas-85; tangelos-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 1/ ..............: 20.30 13.77 13.77 (D) 11.63 11.63 (D) Florida ....................: 20.00 8.66 10.36 8.03 6.06 8.12 5.30 White ....................: 19.80 7.91 10.10 7.65 5.36 7.90 5.05 Colored ..................: 20.00 8.98 10.40 8.25 6.37 8.15 5.45 Texas ......................: 24.20 8.25 13.90 1.60 6.77 12.35 0.20 : United States ..............: 21.10 8.70 11.47 7.35 6.28 9.41 4.77 : Lemons : California .................: 35.00 18.99 23.88 (D) 13.00 17.89 (D) : United States ..............: 35.00 18.99 23.88 (D) 13.00 17.89 (D) : Oranges : California .................: 21.30 10.62 12.52 (D) 8.13 10.06 (D) Navel and miscellaneous ..: 21.40 10.85 12.59 (D) 8.36 10.13 (D) Valencia .................: (D) (D) (D) (D) (D) (D) (D) : Florida ....................: 26.00 10.82 15.75 10.70 8.12 12.90 8.00 Early and mids ...........: (S) (S) (S) (S) (S) (S) (S) Valencia .................: 26.00 10.82 15.75 10.70 8.12 12.90 8.00 : United States ..............: 21.70 10.77 12.78 10.18 8.12 10.28 7.48 : Tangerines and : mandarins : California .................: (D) (D) (D) (D) (D) (D) (D) Florida ....................: 33.20 16.68 20.90 9.65 12.83 17.20 5.55 : United States ..............: 38.30 26.51 29.36 6.90 23.52 26.54 2.77 --------------------------------------------------------------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. 1/ Some processed sales included in fresh sales. Prices Received for Potatoes - States and United States: March 2012 with Comparisons -------------------------------------------------------------------------------- : : : Preliminary State : March 2011 : February 2012 : March 2012 -------------------------------------------------------------------------------- : dollars per cwt : California : Spring ...........: (S) (S) (S) Fall .............: 10.60 8.50 8.60 All 1/ ...........: 10.60 8.50 8.60 Colorado : Fresh 1/ .........: 14.50 12.30 (D) All 1/ ...........: 13.00 10.80 12.90 : Florida ............: 36.90 (D) (D) Idaho : Fresh 2/ .........: 10.20 7.70 (D) Processing .......: 7.70 8.30 (D) All 1/ ...........: 9.35 8.15 8.80 Maine ..............: 11.40 11.00 11.30 Michigan ...........: 12.40 12.70 13.20 Minnesota ..........: 7.00 6.95 (D) New York ...........: 14.80 15.00 15.20 North Carolina .....: (S) (S) (S) : North Dakota : Fresh 2/ .........: 13.00 13.40 (D) Processing .......: 8.50 7.80 (D) All 1/ ...........: 9.90 9.85 (D) Oregon .............: 10.50 9.10 10.10 Texas ..............: (S) (S) (S) Virginia ...........: (S) (S) (S) : Washington : Processing .......: 7.55 7.85 (D) All 1/ ...........: 9.45 8.60 8.75 Wisconsin : Fresh 2/ .........: 12.80 11.50 (D) Processing .......: 12.30 9.00 (D) All 1/ ...........: 12.50 10.10 10.00 : United States : Fresh 2/ .........: 14.50 11.05 (D) Processing .......: 8.26 8.27 (D) All 1/ ...........: 10.74 9.31 9.74 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. 1/ Average price of potatoes sold for all uses, including table stock, processing, seed, and livestock feed. 2/ Fresh market prices only. Includes table stock prices. Prices Received for All Milk - States and United States: March 2012 with Comparisons [Before deduction for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies] ---------------------------------------------------------------------------------------------------- : : : Preliminary : March 2011 : February 2012 : March 2012 State :------------------------------------------------------------------------------- : Price :Fat test : Price :Fat test : Price : Fat test ---------------------------------------------------------------------------------------------------- :dollars per cwt percent dollars per cwt percent dollars per cwt percent : Arizona ............: 19.90 3.54 17.10 3.53 16.50 3.50 California .........: 18.62 3.72 15.90 3.75 16.00 3.69 Colorado ...........: 20.30 3.60 18.10 3.59 17.50 3.56 Florida ............: 23.30 3.66 21.70 3.64 21.00 3.59 Idaho ..............: 18.70 3.73 16.90 3.68 16.70 3.62 Illinois ...........: 21.00 3.78 18.10 3.78 17.40 3.74 Indiana ............: 21.10 3.72 18.30 3.71 17.60 3.65 Iowa ...............: 20.70 3.73 18.30 3.80 17.60 3.75 Kansas .............: 21.70 3.83 18.30 3.85 17.80 3.80 Michigan ...........: 21.10 3.70 18.50 3.71 17.90 3.68 : Minnesota ..........: 20.90 3.77 18.60 3.86 18.40 3.83 Missouri ...........: 20.30 3.74 18.40 3.75 17.80 3.70 New Mexico .........: 20.30 3.63 16.30 3.58 16.20 3.50 New York ...........: 21.30 3.79 19.00 3.79 18.10 3.76 Ohio ...............: 22.10 3.82 19.10 3.78 18.30 3.73 Oregon .............: 22.20 3.83 18.70 3.84 18.20 3.82 Pennsylvania .......: 22.00 3.80 19.60 3.78 18.70 3.75 Texas ..............: 21.60 3.82 17.80 3.81 17.50 3.71 Utah ...............: 20.10 3.75 16.80 3.75 16.20 3.70 Vermont ............: 21.60 3.83 19.20 3.85 18.50 3.83 : Virginia ...........: 22.60 3.76 20.10 3.80 19.30 3.69 Washington .........: 21.10 3.83 18.00 3.84 17.50 3.82 Wisconsin ..........: 21.00 3.74 18.30 3.76 17.90 3.74 : United States ......: 20.40 3.74 17.70 3.75 17.40 3.70 ---------------------------------------------------------------------------------------------------- Prices Received for Milk Cows - States and United States: January 2012 with Comparisons [Animals sold for dairy herd replacement only. Prices estimated in January, April, July, and October] -------------------------------------------------------------------------------- State : January 2011 : October 2011 : January 2012 -------------------------------------------------------------------------------- : dollars per head : Arizona ............: 1,380 1,550 1,500 California .........: 1,200 1,400 1,400 Colorado ...........: 1,330 1,550 1,500 Florida ............: 1,360 1,620 1,490 Idaho ..............: 1,200 1,450 1,450 Illinois ...........: 1,330 1,460 1,500 Indiana ............: 1,350 1,550 1,450 Iowa ...............: 1,250 1,450 1,400 Kansas .............: 1,200 1,400 1,400 Michigan ...........: 1,450 1,600 1,600 : Minnesota ..........: 1,310 1,440 1,430 Missouri ...........: 1,130 1,270 1,200 New Mexico .........: 1,320 1,480 1,380 New York ...........: 1,300 1,450 1,450 Ohio ...............: 1,360 1,510 1,500 Oregon .............: 1,290 1,430 1,440 Pennsylvania .......: 1,400 1,550 1,500 Texas ..............: 1,200 1,400 1,400 Utah ...............: 1,140 1,380 1,340 Vermont ............: 1,450 1,650 1,550 : Virginia ...........: 1,360 1,490 1,520 Washington .........: 1,300 1,450 1,400 Wisconsin ..........: 1,430 1,560 1,550 : United States ......: 1,300 1,480 1,460 -------------------------------------------------------------------------------- Commodity Parity Prices and Price as Percent of Parity Price - United States: March 2012 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 : March :February : March : March :February : March : : 2011 : 2012 : 2012 : 2011 : 2012 : 2012 ---------------------------------------------------------------------------------------------------- : ------------- dollars ------------- ------- percent ------ : Basic commodities : All wheat ............bushel: 0.634 16.10 17.70 17.70 47 40 41 Rice ....................cwt: 1.46 43.20 40.70 40.80 30 34 35 Corn .................bushel: 0.414 10.20 11.50 11.60 54 55 56 Cotton : Upland ..............pound: 0.072 1.88 2.01 2.01 45 46 47 American Pima .......pound: 0.141 3.42 3.93 3.94 52 42 42 Peanuts ...............pound: 0.026 0.715 0.725 0.726 33 45 47 : Designated nonbasic : All milk, to plants 1/ ...cwt: 1.80 48.20 50.20 50.30 45 36 37 Honey, extracted 2/ ...pound: 0.139 3.55 3.88 3.88 45 41 41 : Wool and mohair : Wool ..................pound: 0.104 2.44 2.90 2.90 47 58 58 Mohair ................pound: 0.333 8.58 9.29 9.30 41 44 44 : Other nonbasic : Apples, fresh 3/ ......pound: 0.033 0.874 0.920 0.922 32 38 39 Barley ...............bushel: 0.436 11.30 12.20 12.20 38 44 44 Canola ..................cwt: 1.820 46.10 50.80 50.80 51 49 51 Cottonseed ..............ton: 17.40 408.00 485.00 486.00 42 57 57 Dry edible beans ........cwt: 3.01 77.30 83.90 84.10 39 56 58 Flaxseed .............bushel: 1.100 27.00 30.70 30.70 51 43 45 Oats .................bushel: 0.263 6.62 7.34 7.35 50 47 49 Potatoes ................cwt: 0.855 22.10 23.80 23.90 49 39 41 Sorghum grain ...........cwt: 0.729 17.90 20.30 20.40 59 53 55 Soybeans .............bushel: 1.000 25.10 27.90 27.90 51 44 47 Sunflower, all ..........cwt: 2.06 50.60 57.50 57.50 56 51 49 : Citrus (equivalent on-tree) : Grapefruit ..............box: 0.690 17.60 19.20 19.30 32 31 33 Lemons ..................box: 1.37 36.00 38.20 38.30 16 30 34 Oranges .................box: 0.698 18.20 19.50 19.50 37 39 42 Tangerines ..............box: 1.49 37.90 41.60 41.60 35 44 57 : Livestock and poultry : Beef cattle .............cwt: 10.10 267.00 282.00 282.00 43 45 46 Calves ..................cwt: 13.90 373.00 388.00 388.00 40 47 48 Hogs ....................cwt: 5.53 146.00 154.00 154.00 43 43 43 Eggs 1/ ...............dozen: 0.091 2.41 2.54 2.54 31 33 35 Turkeys, live .........pound: 0.057 1.480 1.590 1.590 40 41 43 ---------------------------------------------------------------------------------------------------- 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: March 2012 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 : March : February : March : : 2011 : 2012 : 2012 -------------------------------------------------------------------------------------------------- : dollars : Field crops and miscellaneous : Hops ..............................pound: 0.306 8.13 8.53 8.55 Mustard seed ........................cwt: 2.82 70.40 78.60 78.80 Rapeseed ............................cwt: 2.23 56.70 62.20 62.30 Rye ..............................bushel: 0.525 13.00 14.60 14.70 Safflower ...........................cwt: 2.02 51.40 56.30 56.40 Spearmint oil .....................pound: 1.50 38.10 41.80 41.90 Sweet potatoes ......................cwt: 2.20 60.10 61.40 61.40 : Tobacco : Flue-cured, 11-14 ...............pound: 0.196 5.51 5.47 5.47 Fire-cured, 21-23 ...............pound: 0.283 7.76 7.89 7.90 Burley, 31 ......................pound: 0.202 5.67 5.63 5.64 Maryland, 32 ....................pound: 0.174 4.85 4.85 4.86 Dark air-cured, 35-37 ...........pound: 0.256 6.91 7.14 7.15 Pennsylvania seedleaf, 41 .......pound: 0.182 5.06 5.08 5.08 Cigar binder, 51 ................pound: 0.640 17.90 17.80 17.90 : : Noncitrus fruit : Apples, processing 1/ 9/ ............ton: 16.10 426.00 449.00 450.00 Apricots : Fresh 2/ 9/ .......................ton: 114.00 3,020.00 3,180.00 3,180.00 Dried (California) 9/ .............ton: 262.00 6,940.00 7,310.00 7,320.00 Avocados 2/ 9/ ......................ton: 198.00 5,240.00 5,520.00 5,530.00 Cherries : Sweet 9/ ..........................ton: 210.00 5,560.00 5,860.00 5,870.00 Tart 9/ .........................pound: 0.034 0.900 0.948 0.950 Cranberry 3/ 9/ ..................barrel: 4.89 129.00 136.00 137.00 Dates (California) 2/ 9/ ............ton: 183.00 4,850.00 5,100.00 5,110.00 : Grapes : Raisin variety 9/ .................ton: 117.00 3,100.00 3,260.00 3,270.00 Other dried 9/ ....................ton: 65.40 1,730.00 1,820.00 1,830.00 Kiwifruit 9/ ........................ton: 94.40 2,500.00 2,630.00 2,640.00 Nectarines, fresh (California) 2/ 9/ ton: 55.30 1,460.00 1,540.00 1,540.00 Olives, canning (California) 3/ 9/ ..ton: 87.40 2,310.00 2,440.00 2,440.00 -------------------------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Commodity Parity Prices - United States: March 2012 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 : March : February : March : : 2011 : 2012 : 2012 ----------------------------------------------------------------------------------------------- : dollars : Noncitrus fruit - continued : Papayas (Hawaii) 9/ .............pound: 0.046 1.22 1.28 1.28 Peaches : Fresh 4/ 9/ .....................ton: 83.00 2,200.00 2,310.00 2,320.00 Dried (California) 9/ ...........ton: 57.30 1,520.00 1,600.00 1,600.00 Processing, excludes dried : Clingstone (California) 3/ 9/ ton: 33.70 892.00 940.00 941.00 : Pears : Fresh 4/ 9/ .....................ton: 55.60 1,470.00 1,550.00 1,550.00 Dried (California) 1/ 9/ ........ton: 178.00 4,710.00 4,960.00 4,970.00 Plums (California) : Fresh, equivalent on-tree 9/ ....ton: 60.20 1,590.00 1,680.00 1,680.00 Prunes, dried (California) 1/ 9/ ..ton: 147.00 3,890.00 4,100.00 4,110.00 Prunes and plums : Fresh, excludes California 5/ 9/ ton: 63.80 1,690.00 1,780.00 1,780.00 Processing, excludes dried 1/ 9/ ton: 25.70 681.00 717.00 718.00 : Tree nuts 6/ 9/ : Almonds .........................pound: 0.209 5.53 5.83 5.84 Hazelnuts .........................ton: 183.00 4,850.00 5,100.00 5,110.00 Pistachios ......................pound: 0.194 5.14 5.41 5.42 Walnuts ...........................ton: 177.00 4,690.00 4,940.00 4,940.00 : Vegetables, fresh 7/ : Carrots 8/ ........................cwt: 2.69 69.10 75.00 75.10 Cauliflower 8/ ....................cwt: 4.31 113.00 120.00 120.00 Celery 8/ .........................cwt: 2.01 54.30 56.10 56.10 Honeydew melons ...................cwt: 2.09 57.50 58.30 58.40 Lettuce ...........................cwt: 2.29 62.20 63.90 64.00 Onions 8/ .........................cwt: 1.49 41.60 41.60 41.60 Tomatoes ..........................cwt: 4.68 126.00 131.00 131.00 ----------------------------------------------------------------------------------------------- 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. 9/ Non-citrus fruit and tree nut estimates discontinued October 2011. The program was later reinstated with a publication date of March 15, 2012. Parity prices will be published in the July 2012 "Agricultural Prices" report to include these prices. 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 March Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) at 210 (1990-1992=100) is up 0.5 percent from February 2012 and 4.5 percent above March 2011. Production index: The March index, at 222, is unchanged from last month but increased 5.2 percent from last year. Compared to February, higher prices in March for diesel, gasoline, feed grains, and concentrates offset lower prices for nitrogen, potash & phosphate, feeder cattle, and supplements. Feed: The March index, at 226, increased 0.9 percent from February and 6.6 percent from last March. Since February, higher prices for feed grains, hay & forages, and concentrates offset lower prices for supplements and complete feeds. Livestock and poultry: The March index, at 184, decreased 0.5 percent from last month but increased 16 percent from last year. Since February, prices for feeder cattle and feeder pigs are lower. The March feeder cattle price, at $159.60 per cwt, is down $1.00 per cwt from the February price. March feeder pigs averaged $203.00 per cwt, down $2.00 per cwt from February. Fertilizer: The March index, at 322, is down 3.6 percent from February but 1.3 percent above March a year ago. Since February, lower prices for nitrogen and potash & phosphate more than offset higher prices for mixed fertilizer. Chemicals: The March index, at 157, increased 2.6 percent from February and 8.3 percent from last March. Compared with last month, prices for herbicides, insecticides, and fungicides/other are higher. Fuels: The March index, at 377, is up 4.7 percent from a month earlier and 3.9 percent above March 2011. Compared with last month, prices for diesel, gasoline, and LP gas are higher. Machinery: The March index, at 244, decreased 0.4 percent from February but increased 2.1 percent from last March. Compared with last month, prices for other machinery and self-propelled machinery are lower. Consumer price index: The February 2012 Consumer Price Index, as issued by the Bureau of Labor Statistics, for all urban consumers (CPI-U) increased 0.4 percent before seasonal adjustment to a level of 227.663 (1982-1984=100). The January index is 226.665. For the 12 month period ending in February, the overall index increased 2.9 percent. Prices Paid Indexes and Related Parity Ratios - United States: March 2012 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 : March : February : March : March : February : March ratios : 2011 : 2012 : 2012 : 2011 : 2012 : 2012 --------------------------------------------------------------------------------------------------------------------- : percent : Prices paid by farmers for : commodities, services, : interest, taxes, and wage : rates (PPITW) ...................: 2674 2785 2793 201 209 210 Production ....................: 2052 2150 2156 211 222 222 Feed ........................: 1037 1092 1106 212 224 226 Livestock and poultry .......: 2027 2367 2353 159 185 184 Seeds .......................: 3327 3327 3327 336 336 336 Fertilizer ..................: 1165 1224 1179 318 334 322 Chemicals ...................: 894 948 973 145 153 157 Fuels .......................: 2801 2782 2910 363 360 377 Supplies and repairs ........: 1155 1199 1199 163 169 169 : Autos and trucks ............: 3067 3133 3158 115 118 119 Machinery ...................: 6002 6135 6129 239 245 244 Building materials ..........: 2305 2370 2393 170 174 176 Services and rent ...........: 2119 2181 2183 (NA) (NA) (NA) Services ....................: (NA) (NA) (NA) 164 167 167 Rent ........................: (NA) (NA) (NA) 205 212 212 : Interest 1/ ...................: 3381 3635 3635 135 145 145 Taxes 2/ ......................: 5935 6225 6225 222 232 232 Wage rates ....................: 7301 7205 7205 195 193 193 Production, interest, taxes, : and wage rates (PITW) .......: 2784 2908 2916 207 216 217 Family living-CPI 3/ ..........: 2122 2162 2172 166 169 170 : Ratio (received/paid) .........: (NA) (NA) (NA) 86 87 89 Parity ratio 4/ ...............: 41 41 42 (NA) (NA) (NA) Parity ratio adjusted 5/ ......: 42 42 43 (NA) (NA) (NA) PPITW adjusted for : productivity 6/ .............: 1464 1473 1475 (NA) (NA) (NA) : Crop sector (PPITW) ...........: (NA) (NA) (NA) 211 218 218 Livestock sector (PPITW) ......: (NA) (NA) (NA) 190 200 201 : Farm sector (production) ......: (NA) (NA) (NA) 214 230 231 Non-farm sector (production) ..: (NA) (NA) (NA) 210 217 217 --------------------------------------------------------------------------------------------------------------------- (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 2012 and the revised factor is 1.041 for 2011. 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: March 2012 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] ------------------------------------------------------------------------------------- : Relative weights : Indexes (1990-1992=100) :------------------------------------------------------- : : : March :February : March : 2011 : 2012 : 2011 : 2012 : 2012 ------------------------------------------------------------------------------------- : percent : Production items ............: 70.6 71.1 211 222 222 : Feed ......................: 12.2 12.7 212 224 226 Feed grains .............: 1.7 1.8 240 269 277 Complete feeds ..........: 6.0 6.2 217 220 219 Hay and forages .........: 1.5 1.6 166 227 234 Concentrates ............: 1.9 2.0 204 194 200 Supplements .............: 1.0 1.1 225 223 220 Livestock and poultry .....: 8.5 8.3 159 185 184 Feeder cattle ...........: 6.6 6.5 157 190 189 Feeder pigs .............: 0.7 0.7 221 223 221 Milk cow replacements ...: 0.7 0.7 115 129 129 Poultry .................: 0.5 0.5 151 151 151 : Seeds .....................: 4.1 4.3 336 336 336 Field crops .............: 3.7 3.9 356 356 356 Grasses and legumes .....: 0.4 0.4 145 145 145 Fertilizer ................: 5.5 5.7 318 334 322 Mixed fertilizer ........: 2.4 2.5 310 330 333 Nitrogen ................: 2.3 2.4 311 331 305 Potash and phosphate ....: 0.8 0.8 361 357 335 Chemicals .................: 3.3 3.2 145 153 157 Herbicides ..............: 2.1 2.0 130 138 141 Insecticides ............: 0.7 0.7 167 177 182 Fungicides and other ....: 0.5 0.5 174 185 189 : Fuels .....................: 4.0 4.0 363 360 377 Diesel ..................: 2.5 2.5 403 408 425 Gasoline ................: 0.8 0.8 308 310 331 LP gas ..................: 0.7 0.7 284 248 257 Supplies and repairs ......: 4.6 4.6 163 169 169 Supplies ................: 1.5 1.5 158 164 164 Repairs .................: 3.0 3.0 165 171 171 Autos and trucks ..........: 1.4 1.2 115 118 119 Autos ...................: 0.2 0.2 112 116 116 Trucks ..................: 1.2 1.1 116 118 119 : Machinery .................: 4.3 4.3 239 245 244 Tractors ................: 0.9 0.9 203 206 206 Self-propelled ..........: 1.7 1.7 250 254 254 Other machinery .........: 1.6 1.6 249 257 256 Building materials ........: 4.4 4.2 170 174 176 Services ..................: 12.1 12.0 164 167 167 Custom rates ............: 1.2 1.2 148 148 148 Other services ..........: 10.9 10.7 165 169 169 Rent ......................: 6.3 6.6 205 212 212 Cash ....................: 3.4 3.5 262 270 270 Share ...................: 2.9 3.0 139 145 145 : Interest ....................: 3.5 3.4 135 145 145 Taxes .......................: 3.1 3.1 222 232 232 Wage rates ..................: 7.4 7.2 195 193 193 Family living-CPI ...........: 15.4 15.3 166 169 170 ------------------------------------------------------------------------------------- Feed Price Ratios - United States: March 2012 with Comparisons ---------------------------------------------------------------------------------------------------- : : : Preliminary Feed price ratio 1/ : March 2011 :February 2012 : March 2012 ---------------------------------------------------------------------------------------------------- : Broiler-feed: pounds of broiler grower feed equal : in value to 1 pound of broiler, live weight 2/ ......: 3.4 3.5 3.6 : Market egg feed: pounds of laying feed equal in : value to 1 dozen eggs 3/ ............................: 5.1 5.0 5.6 : Hog-corn: bushels of corn equal in value to : 100 pounds of hog, live weight ......................: 11.4 10.4 10.1 : Milk-feed: pounds of 16% mixed dairy feed equal : in value to 1 pound of whole milk 4/ ................: 2.12 1.55 1.48 : Steer and heifer-corn: bushels of corn equal in value : to 100 pounds of steer & heifers, live weight .......: 21.3 20.9 20.7 : Turkey-feed: pounds of turkey grower equal in : value to 1 pound of turkey, live weight 5/ ..........: 4.4 4.7 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: March 2012 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service] ------------------------------------------------------------------------------ : : : Preliminary Item : March 2011 : February 2012 : March 2012 ------------------------------------------------------------------------------ : dollars : Broilers, live ..........pound: 0.490 0.530 0.570 Eggs, market ............dozen: 0.652 0.669 0.791 : Hogs, all .................cwt: 62.90 65.50 65.70 Milk, all .................cwt: 20.40 17.70 17.40 : Steers and heifers ........cwt: 118.00 131.00 134.00 Turkeys, live ...........pound: 0.599 0.650 0.685 : Corn ...................bushel: 5.53 6.28 6.48 Hay, alfalfa ..............ton: 142.00 198.00 201.00 : Soybeans ...............bushel: 12.70 12.20 13.10 Wheat, all .............bushel: 7.55 7.10 7.24 ------------------------------------------------------------------------------ Prices Paid for Feeder Livestock - United States: March 2012 with Comparisons [Price data source is United States Department of Agriculture's Agricultural Marketing Service] ------------------------------------------------------------------------------ : : : Preliminary Item : March 2011 : February 2012 : March 2012 ------------------------------------------------------------------------------ : dollars : Feeder cattle and calves ..cwt: 133.20 160.60 159.60 Feeder pigs ...............cwt: 203.00 205.00 203.00 ------------------------------------------------------------------------------ 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 Dale Hawks, Acting 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 - Oats, Rye, Wheat........................................... (202) 720-8068 Steve Maliszewski - Cotton, Cotton Ginnings, Sorghum...................... (202) 720-5944 Anthony Prillaman - Corn, Proso Millet, Flaxseed.......................... (202) 720-9526 Julie Schmidt - Crop Weather, Barley, Hay................................. (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, Sugar Crops, 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 Livestock Prices Received Dan Kerestes, Chief, Livestock Branch....................................... (202) 720-3570 Scott Hollis, Head, Livestock Section....................................... (202) 720-3570 Travis Averill - Cattle................................................... (202) 720-3040 Mike Miller - Milk, Milk Cows............................................ (202) 720-3278 Doug Bounds - Hogs....................................................... (202) 720-3106 Bruce Boess, Head, Poultry and Specialty Commodities Section................ (202) 720-3570 Cody Brokmeyer - Turkeys................................................. (202) 690-3237 LaKeya Jones - Honey..................................................... (202) 720-0585 Kim Linonis - Eggs........................................................ (202) 690-8632 Miste Salmon - Broilers................................................... (202) 720-3244 Indexes, Prices Paid, and Parity Prices Dale Hawks, Acting Chief, Environmental, Economics and Demographics Branch...................................................... (202) 720-6146 Scott Shimmin, Acting Head, Economics Section............................... (202) 690-3231 Daryl Brinkman - Prices Received Indexes, Parity Prices.................. (202) 720-8844 Scott Shimmin - Grazing Fees............................................. (202) 690-3231 Vincent Davis - 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 "Follow NASS" box under "Receive reports by Email," click on "National" or "State" to select the reports you would like to receive. Printed reports may be purchased from the National Technical Information Service (NTIS) by calling toll-free (800) 999-6779, or (703) 605-6220 if calling from outside the United States or Canada. Accepted methods of payment are Visa, MasterCard, check, or money order. For more information on NASS surveys and reports, call the NASS Agricultural Statistics Hotline at (800) 727-9540, 7:30 a.m. to 4:00 p.m. ET, or e-mail: nass@nass.usda.gov. The United States Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, political beliefs, genetic information, reprisal, or because all or a part of an individual's income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA's TARGET Center at (202) 720-2600 (voice and TDD). To file a complaint of discrimination, write to USDA, Assistant Secretary for Civil Rights, Office of the Assistant Secretary for Civil Rights, 1400 Independence Avenue, S.W., Stop 9410, Washington, DC 20250-9410, or call toll-free at (866) 632-9992 (English) or (800) 877-8339 (TDD) or (866) 377- 8642 (English Federal-relay) or (800) 845-6136 (Spanish Federal-relay). USDA is an equal opportunity provider and employer.