Agricultural Prices (Monthly Prices Received) Publication

0003 - Agricultural Prices - March 29, 2012.pdf

Agricultural Prices

Agricultural Prices (Monthly Prices Received) Publication

OMB: 0535-0003

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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
2011

February
2012

March
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
2

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

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

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

3

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.

4

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

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
Index

1990-1992 Base

1990-1992
Average

March
2011

February
2012

March
2012

March
2011

February
2012

March
2012

(percent)

(percent)

(percent)

(percent)

(percent)

(percent)

(percent)

All products ............................................

639

1100

1148

1179

173

181

186

All crops .................................................
Food grains ........................................
Feed grains & hay ..............................
Cotton, Upland ...................................
Tobacco .............................................
Oilseeds ............................................
Fruits & nuts ......................................
Commercial vegetables .....................
Potatoes & dry beans .........................
Other crops ........................................

500
325
363
517
1263
554
716
698
540
493

979
739
820
714
1491
1250
1007
1523
915
643

1018
715
955
782
1566
1208
1079
803
881
645

1054
730
984
792
1566
1288
1138
922
914
645

198
233
230
139
99
228
144
213
181
131

205
226
268
152
104
220
155
112
174
131

213
230
276
154
104
235
163
129
180
131

Livestock and products ..........................
Meat animals .....................................
Dairy products ...................................
Poultry & eggs ...................................

768
1021
799
282

1166
1538
1255
421

1208
1694
1089
452

1234
1717
1071
489

152
151
156
150

158
166
136
161

161
169
133
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
Month

January ............................
February ...........................
March ...............................
April ..................................
May ..................................
June .................................
July ...................................
August ..............................
September ........................
October ............................
November .........................
December .........................

All farm
products

Index of prices paid
Livestock
and
products

All
crops

All
items

Production
items

2011

2012

2011

2012

2011

2012

2011

2012

2011

2012

(percent)

(percent)

(percent)

(percent)

(percent)

(percent)

(percent)

(percent)

(percent)

(percent)

166
171
173
176
175
180
181
183
179
184
184
179

188
181
186

189
200
198
200
203
209
207
209
203
203
206
198

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

212
205
213

137
144
152
156
152
153
155
158
152
154
157
157

156
158
161

195
197
201
203
203
203
204
204
204
204
205
205

208
209
210

204
207
211
215
215
215
216
216
217
216
218
217

221
222
222

5

Received Indexes by Month,
Livestock Products, All Products, and All Crops –
United States: 1990-1992=100
Percent

230
210
190
170
150
130
110
90
70
Livestock Products

All Products

All Crops

50
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Received Indexes by Month,
Food Grains, Feed Grains & Hay, and Oilseeds –
United States: 1990-1992=100
Percent

325
275

225
175
125
75
Food Grain

Feed Grain & Hay

Oilseeds

25
2003

6

2004

2005

2006

2007

2008

2009

2010

2011

2012

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Received Indexes by Month,
Fruit & Nut and Commercial Vegetables –
United States: 1990-1992=100
Percent

300
250
200
150
100
Fruit & Nut

50
2003

2004

2005

2006

2007

2008

2009

Commercial Vegetable

2010

2011

2012

Received Indexes by Month,
Meat Animal, Dairy Product, and Poultry & Egg –
United States: 1990-1992=100
Percent

190
170
150
130
110
90
70
Meat Animal

50
2003

2004

2005

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

2006

Dairy Product

2007

2008

2009

Poultry & Egg

2010

2011

2012

7

Prices Received for Field Crops and Fruits – United States: March 2012 with Comparisons
Commodity

Average
1990-1992=100

March 2011

February 2012

Preliminary
March 2012

Field crops
Austrian winter peas ............................................ dollars/cwt
Barley, all ....................................................... dollars/bushel
Feed ............................................................ dollars/bushel
Malting ......................................................... dollars/bushel
Beans, dry edible ................................................ dollars/cwt
Canola ................................................................ dollars/cwt
Chickpeas, all ..................................................... dollars/cwt
Large ................................................................ dollars/cwt
Small ................................................................. dollars/cwt
Corn ............................................................... dollars/bushel

(NA)
2.12
1.90
2.43
19.10
(NA)
(NA)
(NA)
(NA)
2.30

(S)
4.29
4.26
4.29
29.90
23.40
32.40
35.40
21.60
5.53

(D)
5.39
4.75
5.47
46.70
24.80
41.30
44.80
(D)
6.28

(S)
5.37
4.62
5.50
49.00
26.00
(D)
(D)
(S)
6.48

Cotton, Upland ................................................ dollars/pound
Cottonseed 1 ........................................................ dollars/ton
Flaxseed ........................................................ dollars/bushel
Hay, all, baled ...................................................... dollars/ton
Alfalfa ................................................................. dollars/ton
Other .................................................................. dollars/ton
Lentils ................................................................. dollars/cwt
Oats ............................................................... dollars/bushel
Peanuts, in-shell ............................................. dollars/pound
Peas, dry edible .................................................. dollars/cwt

0.606
96.00
4.27
76.30
77.20
60.00
(NA)
1.22
0.304
(NA)

0.844
(NA)
13.70
126.00
142.00
99.50
29.70
3.28
0.234
10.90

0.924
275.00
13.30
176.00
198.00
130.00
23.70
3.46
0.329
15.10

0.936
(NA)
13.70
181.00
201.00
139.00
25.40
3.58
0.342
15.80

Potatoes ............................................................. dollars/cwt
Rice, all ............................................................... dollars/cwt
Long .................................................................. dollars/cwt
Medium and short ............................................. dollars/cwt
Sorghum grain .................................................... dollars/cwt
Soybeans ....................................................... dollars/bushel
Sunflowers, all ..................................................... dollars/cwt

5.82
7.07
(NA)
(NA)
3.75
5.61
9.50

10.74
13.00
11.60
18.50
10.60
12.70
28.30

9.31
13.80
13.20
15.30
10.80
12.20
29.60

9.74
14.10
13.20
16.00
11.30
13.10
28.20

Wheat, all ....................................................... dollars/bushel
Winter .......................................................... dollars/bushel
Durum .......................................................... dollars/bushel
Other spring ................................................. dollars/bushel
Hard red winter 2 .......................................... dollars/bushel
Soft red winter 2 ............................................ dollars/bushel
Hard red spring 2 .......................................... dollars/bushel
White 2 ......................................................... dollars/bushel

2.96
2.93
2.86
3.11
(NA)
(NA)
(NA)
3.24

7.55
7.02
8.09
8.07
7.10
6.70
8.12
6.65

7.10
6.67
8.95
8.01
6.73
7.13
8.21
6.43

7.24
6.65
9.21
8.14
(NA)
(NA)
(NA)
(NA)

Fruits
Citrus, equivalent on-tree
Grapefruit .......................................................... dollars/box
Lemons ............................................................. dollars/box
Oranges ............................................................ dollars/box
Tangelos ........................................................... dollars/box
Tangerines and mandarins ................................ dollars/box

5.77
10.10
5.79
5.82
15.11

5.69
5.70
6.77
(NA)
13.23

5.96
11.54
7.64
14.33
18.50

6.28
13.00
8.12
(NA)
23.52

Noncitrus, fresh
Apples 3 ........................................................ dollars/pound
Grapes 3 ............................................................. dollars/ton
Peaches 3 ........................................................... dollars/ton
Pears 3 ............................................................... dollars/ton
Strawberries ...................................................... dollars/cwt

0.212
506.00
432.00
370.00
56.00

0.282
(S)
(S)
625.00
99.20

0.354
(S)
(S)
472.00
113.00

0.364
(NA)
(S)
379.00
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.

8

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

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]
Commodity

Average
1990-1992=100

March 2011

February 2012

Preliminary
March 2012

Vegetables, fresh 1
Asparagus ...........................................................dollars/cwt
Beans, snap 2 ......................................................dollars/cwt
Broccoli ................................................................dollars/cwt
Cantaloupes 2 ......................................................dollars/cwt
Carrots .................................................................dollars/cwt
Cauliflower ...........................................................dollars/cwt
Celery ..................................................................dollars/cwt
Corn, sweet .........................................................dollars/cwt
Cucumbers 2 ........................................................dollars/cwt
Lettuce .................................................................dollars/cwt
Onions 3 ...............................................................dollars/cwt
Tomatoes ............................................................dollars/cwt

79.80
(NA)
22.50
(NA)
13.20
26.80
11.60
15.70
(NA)
11.90
12.80
32.30

132.00
48.80
40.80
(S)
44.60
51.30
29.50
42.40
(S)
35.20
8.04
98.70

(S)
77.20
22.50
(S)
26.30
31.80
12.60
31.00
(S)
12.60
5.97
30.60

(S)
57.70
33.90
(S)
26.70
48.60
12.00
35.60
(S)
11.90
7.35
50.50

Livestock
Calves .................................................................dollars/cwt
Cattle, all beef ......................................................dollars/cwt
Cows 4 ...............................................................dollars/cwt
Steers and heifers ..............................................dollars/cwt
Milk cows 5 ........................................................ dollars/head
Hogs, all ..............................................................dollars/cwt
Barrows and gilts ...............................................dollars/cwt
Sows .................................................................dollars/cwt

94.30
72.90
49.60
77.10
1130.00
47.70
48.40
39.50

148.00
115.00
75.20
118.00
(NA)
62.90
63.10
58.00

184.00
127.00
82.00
131.00
(NA)
65.50
65.80
58.30

185.00
130.00
84.50
134.00
(NA)
65.70
65.80
60.40

Dairy and poultry
Milk, all 6 ..............................................................dollars/cwt
Fat test .................................................................. percent
Broilers, live 7 .................................................. dollars/pound
Eggs, all 8 ....................................................... dollars/dozen
Market 8 9 ...................................................... dollars/dozen
Turkeys, live 8 10 11 .......................................... dollars/pound

13.06
3.66
0.317
0.643
0.546
0.380

20.40
3.74
0.490
0.849
0.652
0.599

17.70
3.75
0.530
0.885
0.669
0.650

17.40
3.70
0.570
0.995
0.791
0.685

Adjusted for seasonal variation
Eggs, all .......................................................... dollars/dozen
Seasonal factor ...................................................... percent
Milk, all 6 ..............................................................dollars/cwt
Seasonal factor ...................................................... percent

0.545
100
9.71
100

0.759
112
21.80
94

0.842
105
18.00
99

0.890
112
18.60
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.

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

9

Prices Received for Corn by Month – United States
Dollars per bushel

7
6
5
4
3
2
1
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Prices Received for Wheat by Month – United States
Dollars per bushel

12
10
8
6
4
2
2003

10

2004

2005

2006

2007

2008

2009

2010

2011

2012

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Prices Received for Upland Cotton by Month –
United States
Dollars per pound

1.0
0.9
0.8
0.7
0.6
0.5
0.4
0.3
0.2
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Prices Received for Soybeans by Month –
United States
Dollars per bushel

15
13
11
9
7
5
3
2003

2004

2005

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

2006

2007

2008

2009

2010

2011

2012

11

Prices Received for Cattle by Month – United States
Dollars per cwt

200
180
160
140
120
100
80
60
40
20

Calves

Steers & Heifers

All Beef Cattle

Cows

0
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Prices Received for Milk by Month – United States
Dollars per cwt
26
24
22
20
18
16
14
12
10
2003

12

2004

2005

2006

2007

2008

2009

2010

2011

2012

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Prices Received for Hogs by Month – United States
Dollars per cwt

80
70
60
50
40
30
20
10
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Prices Received for Poultry by Month – United
States
Dollars per pound

0.9
0.8
0.7
0.6

0.5
0.4
0.3

Turkeys

Broilers

0.2
2003

2004

2005

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

2006

2007

2008

2009

2010

2011

2012

13

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
Month

Corn

Soybeans

2010

2011

Preliminary
2012

(dollars per
bushel)

(dollars per
bushel)

(dollars per
bushel)

(dollars per
bushel)

(dollars per
bushel)

(dollars per
bushel)

(dollars per
bushel)

(dollars per
bushel)

(dollars per
bushel)

4.90
4.73
4.70
4.41
4.34
4.16
4.49
5.44
5.79
5.88
6.10
6.44

6.69
7.42
7.55
8.01
8.16
7.41
7.10
7.61
7.55
7.29
7.26
7.19

7.04
7.10
7.24

3.66
3.55
3.55
3.41
3.48
3.41
3.49
3.65
4.08
4.32
4.55
4.82

4.94
5.65
5.53
6.36
6.32
6.38
6.33
6.88
6.37
5.71
5.84
5.86

6.07
6.28
6.48

9.79
9.41
9.39
9.47
9.41
9.45
9.79
10.10
9.98
10.20
11.10
11.60

11.60
12.70
12.70
13.10
13.20
13.20
13.20
13.40
12.20
11.70
11.70
11.50

11.90
12.20
13.10

January ........
February ......
March ...........
April .............
May ..............
June .............
July ..............
August .........
September ...
October ........
November ....
December ....

2010

2011

Preliminary
2012

2010

2011

Preliminary
2012

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
Month

2010

2011

Preliminary
2012

2010

2011

Preliminary
2012

(dollars per cwt)

(dollars per cwt)

(dollars per cwt)

(dollars per cwt)

(dollars per cwt)

(dollars per cwt)

January .............
February ...........
March ................
April ..................
May ...................
June ..................
July ...................
August ..............
September ........
October .............
November .........
December .........
1
2

All hogs 2

82.30
85.70
90.40
95.60
94.70
90.40
91.70
93.50
94.10
93.10
94.00
98.10

107.00
108.00
115.00
119.00
112.00
107.00
111.00
111.00
112.00
117.00
120.00
120.00

125.00
127.00
130.00

48.40
48.90
52.10
56.50
62.20
58.20
58.50
61.30
61.00
53.30
47.80
52.40

56.00
61.40
62.90
67.80
68.60
69.70
71.70
75.80
67.10
68.70
64.40
63.50

63.50
65.50
65.70

Cows and steers & heifers.
Barrows & gilts and sows.

14

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Prices Received for All Wheat – States and United States: March 2012 with Comparisons
State

March 2011

Preliminary
March 2012

February 2012

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

Arizona ..................................................
Arkansas ...............................................
California ...............................................
Colorado ................................................
Idaho .....................................................
Illinois ....................................................
Indiana ..................................................
Kansas ..................................................
Michigan ................................................
Minnesota ..............................................

(S)
(D)
6.48
6.91
6.94
7.01
7.58
7.84
6.81
6.83

(D)
(D)
(D)
6.44
6.99
6.79
7.19
6.82
6.78
8.09

(S)
6.70
(D)
6.30
7.29
6.70
6.40
6.65
6.70
8.18

Missouri .................................................
Montana ................................................
Nebraska ...............................................
North Carolina .......................................
North Dakota .........................................
Ohio .......................................................
Oklahoma ..............................................
Oregon ..................................................
South Dakota .........................................
Texas ....................................................
Washington ...........................................

6.36
7.22
6.38
7.83
8.35
6.51
7.25
7.21
8.70
7.99
7.31

6.50
7.37
6.43
8.00
7.94
6.88
6.88
6.47
7.25
7.58
6.65

6.50
7.67
6.30
7.00
8.15
6.87
6.71
6.85
7.18
6.67
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
State

March 2011

February 2012

Preliminary
March 2012

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

Arkansas .........................................
California .........................................
Colorado ..........................................
Idaho ...............................................
Illinois ..............................................
Indiana ............................................
Kansas ............................................
Michigan ..........................................
Minnesota ........................................
Missouri ...........................................

(D)
6.48
6.91
6.56
7.01
7.58
7.84
6.81
6.36
6.36

(D)
(D)
6.44
6.60
6.79
7.19
6.82
6.78
(D)
6.50

6.70
(D)
6.30
6.90
6.70
6.40
6.65
6.70
6.40
6.50

Montana ..........................................
Nebraska .........................................
North Carolina .................................
North Dakota ...................................
Ohio .................................................
Oklahoma ........................................
Oregon ............................................
South Dakota ...................................
Texas ..............................................
Washington .....................................

6.69
6.38
7.83
6.35
6.51
7.25
7.07
7.23
7.99
6.64

6.48
6.43
8.00
5.92
6.88
6.88
6.42
6.69
7.58
6.42

6.80
6.30
7.00
6.10
6.87
6.71
6.80
6.70
6.67
6.60

United States ...................................

7.02

6.67

6.65

(D) Withheld to avoid disclosing data for individual operations.

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

15

Prices Received for Durum Wheat – States and United States: March 2012 with Comparisons
State

March 2011

Preliminary
March 2012

February 2012

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

Arizona ...........................................
California ........................................
Idaho ...............................................
Montana ..........................................
North Dakota ...................................

(S)
(D)
(D)
7.67
8.14

(D)
(S)
(D)
10.20
8.31

(S)
(S)
(D)
10.20
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
State

March 2011

February 2012

Preliminary
March 2012

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

Colorado .........................................
Idaho ...............................................
Minnesota .......................................
Montana ..........................................
North Dakota ...................................
Oregon ............................................
South Dakota ..................................
Washington .....................................

(D)
7.51
6.84
7.71
8.48
8.22
9.26
9.23

(D)
7.64
8.10
8.17
8.12
6.82
8.21
7.68

(S)
7.70
8.20
8.46
8.15
7.10
8.00
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.

16

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Prices Received for All Barley – States and United States: March 2012 with Comparisons
State

March 2011

Preliminary
March 2012

February 2012

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

California .........................................
Colorado ..........................................
Idaho ...............................................
Minnesota ........................................
Montana ..........................................
North Dakota ...................................
Oregon ............................................
Utah .................................................
Washington .....................................
Wyoming .........................................

(D)
2.93
4.16
(D)
4.28
4.35
4.29
5.00
4.51
(D)

(S)
5.27
5.82
(D)
5.00
5.56
4.29
5.19
4.23
(D)

(S)
(D)
5.81
(D)
4.81
5.81
4.50
(D)
4.53
(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
State

March 2011
(dollars per bushel)

Idaho ...............................................
Minnesota ........................................
Montana ..........................................
North Dakota ...................................
Wyoming .........................................

Preliminary
March 2012

February 2012
(dollars per bushel)
4.08
(D)
4.29
4.37
(D)

(dollars per bushel)
5.90
(D)
5.02
5.63
(D)

(D)
(D)
(D)
5.90
(D)

(D) Withheld to avoid disclosing data for individual operations.

Prices Received for Feed Barley – States: March 2012 with Comparisons
State

March 2011
(dollars per bushel)

Idaho ...............................................
Minnesota ........................................
Montana ..........................................
North Dakota ...................................
Wyoming .........................................

Preliminary
March 2012

February 2012
(dollars per bushel)
4.64
4.20
4.20
4.19
(S)

(dollars per bushel)
4.89
4.93
4.69
4.85
(S)

4.85
4.90
(D)
5.00
(S)

(D) Withheld to avoid disclosing data for individual operations.
(S) Insufficient number of reports to establish an estimate.

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

17

Prices Received for Corn – States and United States: March 2012 with Comparisons
State

March 2011

Preliminary
March 2012

February 2012

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

Colorado .........................................
Illinois ..............................................
Indiana ............................................
Iowa ................................................
Kansas ............................................
Kentucky .........................................
Michigan .........................................
Minnesota .......................................
Missouri ..........................................
Nebraska ........................................

5.21
5.73
5.80
5.32
6.08
5.76
5.84
5.25
5.60
5.30

6.30
6.37
6.45
6.21
6.35
6.51
6.14
6.05
6.46
6.22

6.47
6.60
6.73
6.40
6.55
6.70
6.35
6.30
6.70
6.40

North Carolina .................................
North Dakota ...................................
Ohio ................................................
Pennsylvania ..................................
South Dakota ..................................
Tennessee ......................................
Texas ..............................................
Wisconsin .......................................

6.65
5.51
5.95
6.88
5.44
6.08
5.45
5.60

7.07
5.92
6.43
7.07
6.06
6.75
7.03
6.08

7.15
6.20
6.65
7.10
6.29
7.00
7.24
6.23

United States ..................................

5.53

6.28

6.48

Prices Received for Soybeans – States and United States: March 2012 with Comparisons
State

March 2011

February 2012

Preliminary
March 2012

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

Arkansas .........................................
Illinois ..............................................
Indiana ............................................
Iowa ................................................
Kansas ............................................
Kentucky .........................................
Louisiana ........................................
Michigan .........................................
Minnesota .......................................
Mississippi ......................................

12.50
13.10
12.80
12.40
12.90
13.00
13.30
12.20
12.50
13.20

12.40
12.40
12.50
12.10
12.00
12.50
12.60
12.10
12.00
12.30

13.40
13.40
13.30
13.10
12.80
13.40
(D)
13.10
13.00
13.30

Missouri ..........................................
Nebraska ........................................
North Carolina .................................
North Dakota ...................................
Ohio ................................................
South Dakota ..................................
Tennessee ......................................
Wisconsin .......................................

12.60
12.60
13.20
12.50
12.90
12.50
12.80
12.00

12.40
11.90
12.40
11.70
12.60
12.00
12.40
12.20

13.20
12.70
13.20
12.70
13.50
12.90
13.10
12.90

United States ..................................

12.70

12.20

13.10

(D) Withheld to avoid disclosing data for individual operations.

18

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Prices Received for Oats – States and United States: March 2012 with Comparisons
State

March 2011

Preliminary
March 2012

February 2012

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

Illinois ..............................................
Iowa .................................................
Michigan ..........................................
Minnesota ........................................
Montana ..........................................
Nebraska .........................................
New York .........................................
North Dakota ...................................
Oregon ............................................
Pennsylvania ...................................
South Dakota ...................................
Texas ..............................................
Wisconsin ........................................

(S)
3.17
3.34
3.09
2.52
3.72
3.63
3.19
(S)
3.98
3.36
(S)
3.19

(D)
3.61
(D)
3.40
(D)
3.99
(D)
3.15
(S)
4.01
3.65
(S)
3.60

(S)
3.70
(D)
3.40
(S)
4.05
(D)
(D)
(S)
4.03
3.72
(S)
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
State

March 2011

Preliminary
March 2012

February 2012

(dollars per cwt)

(dollars per cwt)

(dollars per cwt)

Arkansas .........................................
Illinois ..............................................
Kansas ............................................
Louisiana .........................................
Missouri ...........................................
Nebraska .........................................
Oklahoma ........................................
Texas ..............................................

(S)
10.50
10.80
(S)
(D)
10.30
10.90
9.75

(D)
(D)
10.80
(D)
10.70
10.60
10.90
11.20

(D)
(S)
11.20
(S)
11.20
10.70
11.40
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.

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

19

Prices Received for Dry Beans – States and United States: March 2012 with Comparisons
State

March 2011

February 2012

Preliminary
March 2012

(dollars per cwt)

(dollars per cwt)

(dollars per cwt)

California ........................................
Colorado .........................................
Idaho ...............................................
Michigan .........................................
Minnesota .......................................
Nebraska ........................................
North Dakota ...................................

46.90
29.40
27.50
36.70
34.70
31.90
26.10

50.30
50.30
45.10
53.40
46.40
46.90
45.50

(D)
52.00
48.00
(D)
46.40
47.30
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
State

March 2011

Preliminary
March 2012

February 2012

(dollars per pound)

(dollars per pound)

(dollars per pound)

Alabama .........................................
Florida .............................................
Georgia ...........................................
Mississippi ......................................
New Mexico ....................................
North Carolina .................................
Oklahoma .......................................
South Carolina ................................
Texas ..............................................
Virginia ............................................

0.218
0.218
0.223
0.221
(D)
0.256
0.242
0.254
0.272
0.255

0.309
0.326
0.326
0.384
(S)
0.331
(D)
0.306
0.421
0.336

0.359
0.359
0.343
0.461
(S)
0.309
0.327
0.336
0.382
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.

20

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Prices Received for Sunflower – States and United States: March 2012 with Comparisons
State

March 2011

Preliminary
March 2012

February 2012

(dollars per cwt)

(dollars per cwt)

(dollars per cwt)

Colorado ..........................................
Kansas ............................................
Minnesota ........................................
North Dakota ...................................
South Dakota ...................................

(D)
(D)
28.20
28.60
26.90

28.10
31.00
34.80
32.30
26.60

(D)
29.70
(D)
28.60
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
State

March 2011

February 2012

Preliminary
March 2012

(dollars per cwt)

(dollars per cwt)

(dollars per cwt)

Minnesota ........................................
North Dakota ...................................

25.20
23.30

25.90
24.80

(S)
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
State

March 2011

Preliminary
March 2012

February 2012

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

North Dakota ...................................

13.70

13.30

13.70

United States ...................................

13.70

13.30

13.70

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

21

Prices Received for Upland Cotton and Cottonseed – States and United States: March 2012
with Comparisons
[Cottonseed marketing year August - February]
Cotton, Upland
State

March
2011

Cottonseed
Preliminary
March
2012

February
2012

(dollars per pound) (dollars per pound) (dollars per pound)

March
2011
(dollars per ton)

February
2012

Preliminary
March
2012

(dollars per ton)

(dollars per ton)

Alabama ............................
Arizona ..............................
Arkansas ............................
California ...........................
Georgia ..............................
Louisiana ...........................
Mississippi .........................
North Carolina ....................
Tennessee .........................
Texas .................................

(D)
(D)
(D)
1.850
0.835
(D)
(D)
0.809
0.851
0.849

0.944
0.894
0.985
(D)
0.927
0.992
0.985
0.906
0.964
0.833

0.995
(D)
0.930
(D)
0.986
(D)
0.981
0.996
(D)
0.824

(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)

208.00
299.00
(S)
(D)
208.00
(S)
(S)
(S)
(S)
311.00

(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(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
Item

March 2011

Preliminary
March 2012

February 2012

Cotton, Upland
Average price ..................................... dollars/pound
Marketings 1 .......................................... 1,000 bales

0.844
416

0.924
858

0.936
(NA)

Rice, all
Average price .......................................... dollars/cwt
Marketings 2 ............................................. 1,000 cwt

13.00
15,844

13.80
13,187

14.10
(NA)

Rice, long
Average price .......................................... dollars/cwt
Marketings 2 ............................................. 1,000 cwt

11.60
12,537

13.20
9,917

13.20
(NA)

Rice, medium and short
Average price .......................................... dollars/cwt
Marketings 2 ............................................. 1,000 cwt

18.50
3,307

15.30
3,270

16.00
(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.

22

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Prices Received for Hay by Type – States and United States: March 2012 with Comparisons
All hay

Alfalfa hay

Other hay

March
2011

February
2012

Preliminary
March
2012

(dollars per
ton)

(dollars per
ton)

(dollars per
ton)

(dollars per
ton)

(dollars per
ton)

(dollars per
ton)

(dollars per
ton)

(dollars per
ton)

(dollars per
ton)

Arizona ............
California .........
Colorado ..........
Idaho ...............
Illinois ..............
Iowa .................
Kansas ............
Kentucky ..........
Michigan ..........
Minnesota ........

176.00
212.00
136.00
155.00
138.00
110.00
98.00
94.00
97.00
106.00

252.00
244.00
235.00
206.00
140.00
139.00
195.00
113.00
106.00
117.00

255.00
242.00
247.00
207.00
172.00
140.00
184.00
114.00
100.00
126.00

180.00
240.00
140.00
157.00
145.00
118.00
115.00
140.00
105.00
110.00

255.00
250.00
245.00
210.00
150.00
152.00
225.00
190.00
115.00
135.00

260.00
245.00
255.00
210.00
180.00
149.00
220.00
185.00
110.00
145.00

125.00
116.00
115.00
120.00
90.00
79.00
75.00
75.00
80.00
80.00

185.00
215.00
165.00
145.00
110.00
95.00
105.00
90.00
85.00
90.00

195.00
226.00
170.00
145.00
140.00
94.00
100.00
85.00
80.00
90.00

Missouri ...........
Montana ..........
Nebraska .........
Nevada ............
New Mexico .....
New York .........
North Dakota ...
Ohio .................
Oklahoma ........
Oregon ............

76.00
76.00
76.00
150.00
174.00
112.00
63.00
116.00
84.00
169.00

93.00
105.00
128.00
230.00
294.00
102.00
73.00
148.00
190.00
220.00

124.00
104.00
129.00
223.00
294.00
108.00
68.00
143.00
193.00
230.00

135.00
77.00
80.00
151.00
180.00
140.00
66.00
162.00
136.00
168.00

250.00
107.00
139.00
233.00
301.00
134.00
79.00
209.00
241.00
237.00

250.00
105.00
140.00
226.00
301.00
160.00
78.00
192.00
249.00
246.00

60.00
74.00
65.00
129.00
147.00
110.00
47.00
78.00
77.00
170.00

75.00
93.00
95.00
165.00
224.00
100.00
57.00
94.00
135.00
196.00

100.00
97.00
99.00
175.00
224.00
105.00
56.00
111.00
143.00
208.00

Pennsylvania ...
South Dakota ...
Texas ..............
Utah .................
Washington .....
Wisconsin ........
Wyoming .........

126.00
80.00
123.00
120.00
149.00
101.00
97.00

191.00
123.00
175.00
191.00
238.00
113.00
144.00

191.00
122.00
181.00
171.00
236.00
113.00
151.00

159.00
83.00
190.00
120.00
140.00
105.00
98.00

224.00
132.00
277.00
193.00
250.00
125.00
150.00

228.00
129.00
276.00
175.00
245.00
125.00
155.00

118.00
70.00
112.00
106.00
170.00
75.00
90.00

170.00
89.00
155.00
155.00
210.00
90.00
125.00

174.00
85.00
162.00
142.00
215.00
90.00
130.00

United States ...

126.00

176.00

181.00

142.00

198.00

201.00

99.50

130.00

139.00

State

March
2011

February
2012

Preliminary
March
2012

March
2011

February
2012

Preliminary
March
2012

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

March 2011

Preliminary
March 2012

February 2012

(dollars per pound)

(dollars per pound)

(dollars per pound)

California .........................................
Michigan ..........................................
New York .........................................
Ohio .................................................
Pennsylvania ...................................
Virginia ............................................
Washington .....................................

(NA)
0.300
0.257
0.530
(NA)
0.260
0.284

(NA)
0.325
0.301
0.430
(NA)
0.390
0.356

(NA)
0.325
0.302
0.490
0.471
0.390
0.341

United States ...................................

0.282

0.354

0.364

(NA) Not available.

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

23

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]
Commodity,
State,
and type

Equivalent returns

FOB
packed
fresh

All

Fresh

Process

All

Fresh

Process

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

Packinghouse-door

On-tree

Grapefruit
California 1 ............................
Florida ...................................
White .................................
Colored .............................
Texas ....................................

17.00
21.70
23.50
21.20
24.00

10.60
8.17
7.48
8.50
7.38

10.60
11.87
13.60
11.40
13.70

(D)
6.38
5.75
6.75
1.60

8.50
5.61
5.02
5.90
5.91

8.50
9.68
11.45
9.20
12.15

(D)
3.64
3.20
3.90
0.20

United States ........................

21.40

8.23

11.78

6.38

5.69

9.60

3.64

Lemons
Arizona .................................
California ...............................

(D)
29.70

(D)
11.94

(D)
18.80

(D)
(D)

(D)
6.07

(D)
12.93

(D)
(D)

United States ........................

29.60

11.57

18.74

(D)

5.70

12.87

(D)

Oranges
California ...............................
Navel and miscellaneous ..
Valencia ............................

19.90
19.40
(D)

8.79
8.21
(D)

11.28
10.76
(D)

(D)
(D)
(D)

6.34
5.76
(D)

8.87
8.35
(D)

(D)
(D)
(D)

Florida ...................................
Early and mids ..................
Valencia ............................

23.20
21.00
23.70

9.68
9.78
9.67

13.19
11.00
13.70

9.52
9.70
9.50

7.09
7.27
7.06

10.48
8.25
11.00

6.94
7.20
6.90

United States ........................

20.10

9.30

11.41

8.13

6.77

8.98

5.55

Tangerines and
mandarins
Arizona .................................
California ...............................
Florida ...................................

(S)
(D)
28.20

(S)
(D)
13.53

(S)
(D)
15.95

(S)
(D)
8.80

(S)
(D)
10.03

(S)
(D)
12.45

(S)
(D)
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.

24

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

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]
Commodity,
State,
and type

Equivalent returns

FOB
packed
fresh

All

Fresh

Process

All

Fresh

Process

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

Packinghouse-door

On-tree

Grapefruit
California 1 ............................
Florida ..................................
White ................................
Colored .............................
Texas ....................................

17.20
18.60
18.40
18.60
23.80

10.67
8.40
7.71
8.74
7.66

10.67
8.94
8.70
9.00
13.50

(D)
8.10
7.45
8.55
1.60

8.53
5.86
5.20
6.18
6.19

8.53
6.70
6.50
6.75
11.95

(D)
5.39
4.85
5.75
0.20

United States ........................

19.60

8.33

9.96

7.27

5.96

7.87

4.72

Lemons
Arizona .................................
California ..............................

(D)
35.60

(D)
17.60

(D)
24.48

(D)
(D)

(D)
11.61

(D)
18.49

(D)
(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 .................................
California ..............................
Florida ..................................

(D)
(D)
28.30

(D)
(D)
13.62

(D)
(D)
16.00

(D)
(D)
10.40

(D)
(D)
9.75

(D)
(D)
12.30

(D)
(D)
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.

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

25

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]
Commodity,
State,
and type

Equivalent returns

FOB
packed
fresh

All

Fresh

Process

All

Fresh

Process

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

(dollars per
box)

Packinghouse-door

On-tree

Grapefruit
California 1 ............................
Florida ...................................
White .................................
Colored .............................
Texas ....................................

20.30
20.00
19.80
20.00
24.20

13.77
8.66
7.91
8.98
8.25

13.77
10.36
10.10
10.40
13.90

(D)
8.03
7.65
8.25
1.60

11.63
6.06
5.36
6.37
6.77

11.63
8.12
7.90
8.15
12.35

(D)
5.30
5.05
5.45
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 ...............................
Navel and miscellaneous ..
Valencia ............................

21.30
21.40
(D)

10.62
10.85
(D)

12.52
12.59
(D)

(D)
(D)
(D)

8.13
8.36
(D)

10.06
10.13
(D)

(D)
(D)
(D)

Florida ...................................
Early and mids ..................
Valencia ............................

26.00
(S)
26.00

10.82
(S)
10.82

15.75
(S)
15.75

10.70
(S)
10.70

8.12
(S)
8.12

12.90
(S)
12.90

8.00
(S)
8.00

United States ........................

21.70

10.77

12.78

10.18

8.12

10.28

7.48

Tangerines and
mandarins
California ...............................
Florida ...................................

(D)
33.20

(D)
16.68

(D)
20.90

(D)
9.65

(D)
12.83

(D)
17.20

(D)
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.

26

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Prices Received for Potatoes – States and United States: March 2012 with Comparisons
State

California
Spring ..........................................
Fall ..............................................
All 1 ..............................................
Colorado
Fresh 1 .........................................
All 1 ..............................................
Florida .............................................
Idaho
Fresh 2 .........................................
Processing ...................................
All 1 ..............................................
Maine ..............................................
Michigan ..........................................
Minnesota ........................................
New York .........................................
North Carolina .................................
North Dakota
Fresh 2 .........................................
Processing ...................................
All 1 ..............................................
Oregon ............................................
Texas ..............................................
Virginia ............................................

March 2011

February 2012

Preliminary
March 2012

(dollars per cwt)

(dollars per cwt)

(dollars per cwt)

(S)
10.60
10.60

(S)
8.50
8.50

(S)
8.60
8.60

14.50
13.00

12.30
10.80

(D)
12.90

36.90

(D)

(D)

10.20
7.70
9.35
11.40
12.40
7.00
14.80
(S)

7.70
8.30
8.15
11.00
12.70
6.95
15.00
(S)

(D)
(D)
8.80
11.30
13.20
(D)
15.20
(S)

13.00
8.50
9.90
10.50
(S)
(S)

13.40
7.80
9.85
9.10
(S)
(S)

(D)
(D)
(D)
10.10
(S)
(S)

Washington
Processing ...................................
All 1 ..............................................
Wisconsin
Fresh 2 .........................................
Processing ...................................
All 1 ..............................................

7.55
9.45

7.85
8.60

(D)
8.75

12.80
12.30
12.50

11.50
9.00
10.10

(D)
(D)
10.00

United States
Fresh 2 .........................................
Processing ...................................
All 1 ..............................................

14.50
8.26
10.74

11.05
8.27
9.31

(D)
(D)
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.

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

27

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]
State

March 2011

Preliminary
March 2012

February 2012

Price

Fat test

Price

Fat test

Price

Fat test

(dollars per cwt)

(percent)

(dollars per cwt)

(percent)

(dollars per cwt)

(percent)

Arizona ................................
California .............................
Colorado ..............................
Florida ..................................
Idaho ....................................
Illinois ...................................
Indiana .................................
Iowa .....................................
Kansas .................................
Michigan ..............................

19.90
18.62
20.30
23.30
18.70
21.00
21.10
20.70
21.70
21.10

3.54
3.72
3.60
3.66
3.73
3.78
3.72
3.73
3.83
3.70

17.10
15.90
18.10
21.70
16.90
18.10
18.30
18.30
18.30
18.50

3.53
3.75
3.59
3.64
3.68
3.78
3.71
3.80
3.85
3.71

16.50
16.00
17.50
21.00
16.70
17.40
17.60
17.60
17.80
17.90

3.50
3.69
3.56
3.59
3.62
3.74
3.65
3.75
3.80
3.68

Minnesota ............................
Missouri ...............................
New Mexico .........................
New York .............................
Ohio .....................................
Oregon .................................
Pennsylvania .......................
Texas ...................................
Utah .....................................
Vermont ...............................

20.90
20.30
20.30
21.30
22.10
22.20
22.00
21.60
20.10
21.60

3.77
3.74
3.63
3.79
3.82
3.83
3.80
3.82
3.75
3.83

18.60
18.40
16.30
19.00
19.10
18.70
19.60
17.80
16.80
19.20

3.86
3.75
3.58
3.79
3.78
3.84
3.78
3.81
3.75
3.85

18.40
17.80
16.20
18.10
18.30
18.20
18.70
17.50
16.20
18.50

3.83
3.70
3.50
3.76
3.73
3.82
3.75
3.71
3.70
3.83

Virginia .................................
Washington ..........................
Wisconsin ............................

22.60
21.10
21.00

3.76
3.83
3.74

20.10
18.00
18.30

3.80
3.84
3.76

19.30
17.50
17.90

3.69
3.82
3.74

United States .......................

20.40

3.74

17.70

3.75

17.40

3.70

28

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

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

(dollars per head)

January 2012

(dollars per head)

(dollars per head)

Arizona ............................................
California .........................................
Colorado ..........................................
Florida .............................................
Idaho ...............................................
Illinois ..............................................
Indiana ............................................
Iowa .................................................
Kansas ............................................
Michigan ..........................................

1,380
1,200
1,330
1,360
1,200
1,330
1,350
1,250
1,200
1,450

1,550
1,400
1,550
1,620
1,450
1,460
1,550
1,450
1,400
1,600

1,500
1,400
1,500
1,490
1,450
1,500
1,450
1,400
1,400
1,600

Minnesota ........................................
Missouri ...........................................
New Mexico .....................................
New York .........................................
Ohio .................................................
Oregon ............................................
Pennsylvania ...................................
Texas ..............................................
Utah .................................................
Vermont ...........................................

1,310
1,130
1,320
1,300
1,360
1,290
1,400
1,200
1,140
1,450

1,440
1,270
1,480
1,450
1,510
1,430
1,550
1,400
1,380
1,650

1,430
1,200
1,380
1,450
1,500
1,440
1,500
1,400
1,340
1,550

Virginia ............................................
Washington .....................................
Wisconsin ........................................

1,360
1,300
1,430

1,490
1,450
1,560

1,520
1,400
1,550

United States ...................................

1,300

1,480

1,460

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

29

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]

Commodity and unit

Adjusted
base
price
(dollars)

Basic commodities
All wheat ....................................... bushel
Rice ................................................... cwt
Corn .............................................. bushel
Cotton
Upland ...................................... pound
American Pima .......................... pound
Peanuts ......................................... pound

Price as percent
of parity

Parity price
March
2011

February
2012

March
2012

March
2011

February
2012

March
2012

(dollars)

(dollars)

(dollars)

(percent)

(percent)

(percent)

0.634
1.46
0.414

16.10
43.20
10.20

17.70
40.70
11.50

17.70
40.80
11.60

47
30
54

40
34
55

41
35
56

0.072
0.141
0.026

1.88
3.42
0.715

2.01
3.93
0.725

2.01
3.94
0.726

45
52
33

46
42
45

47
42
47

Designated nonbasic
All milk, to plants 1 ................................ cwt
Honey, extracted 2 ......................... pound

1.80
0.139

48.20
3.55

50.20
3.88

50.30
3.88

45
45

36
41

37
41

Wool and mohair
Wool ............................................. pound
Mohair ........................................... pound

0.104
0.333

2.44
8.58

2.90
9.29

2.90
9.30

47
41

58
44

58
44

Other nonbasic
Apples, fresh 3 ............................... pound
Barley ........................................... bushel
Canola ............................................... cwt
Cottonseed ........................................ ton
Dry edible beans ................................ cwt
Flaxseed ....................................... bushel
Oats .............................................. bushel
Potatoes ............................................. cwt
Sorghum grain ................................... cwt
Soybeans ...................................... bushel
Sunflower, all ..................................... cwt

0.033
0.436
1.820
17.40
3.01
1.100
0.263
0.855
0.729
1.000
2.06

0.874
11.30
46.10
408.00
77.30
27.00
6.62
22.10
17.90
25.10
50.60

0.920
12.20
50.80
485.00
83.90
30.70
7.34
23.80
20.30
27.90
57.50

0.922
12.20
50.80
486.00
84.10
30.70
7.35
23.90
20.40
27.90
57.50

32
38
51
42
39
51
50
49
59
51
56

38
44
49
57
56
43
47
39
53
44
51

39
44
51
57
58
45
49
41
55
47
49

Citrus (equivalent on-tree)
Grapefruit ...........................................box
Lemons ..............................................box
Oranges .............................................box
Tangerines .........................................box

0.690
1.37
0.698
1.49

17.60
36.00
18.20
37.90

19.20
38.20
19.50
41.60

19.30
38.30
19.50
41.60

32
16
37
35

31
30
39
44

33
34
42
57

Livestock and poultry
Beef cattle .......................................... cwt
Calves ................................................ cwt
Hogs .................................................. cwt
Eggs 1 ............................................ dozen
Turkeys, live .................................. pound

10.10
13.90
5.53
0.091
0.057

267.00
373.00
146.00
2.41
1.480

282.00
388.00
154.00
2.54
1.590

282.00
388.00
154.00
2.54
1.590

43
40
43
31
40

45
47
43
33
41

46
48
43
35
43

1

Seasonally adjusted price as percentage of parity price.
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.
2

30

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

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]
Commodity and unit

Parity price

Adjusted
base
price

March
2011

February
2012

March
2012

(dollars)

(dollars)

(dollars)

(dollars)

Field crops and miscellaneous
Hops ............................................................................ pound
Mustard seed .................................................................... cwt
Rapeseed ......................................................................... cwt
Rye .............................................................................. bushel
Safflower .......................................................................... cwt
Spearmint oil ................................................................ pound
Sweet potatoes ................................................................. cwt

0.306
2.82
2.23
0.525
2.02
1.50
2.20

8.13
70.40
56.70
13.00
51.40
38.10
60.10

8.53
78.60
62.20
14.60
56.30
41.80
61.40

8.55
78.80
62.30
14.70
56.40
41.90
61.40

Tobacco
Flue-cured, 11-14 .................................................... pound
Fire-cured, 21-23 ..................................................... pound
Burley, 31 ................................................................ pound
Maryland, 32 ............................................................ pound
Dark air-cured, 35-37 ............................................... pound
Pennsylvania seedleaf, 41 ....................................... pound
Cigar binder, 51 ....................................................... pound

0.196
0.283
0.202
0.174
0.256
0.182
0.640

5.51
7.76
5.67
4.85
6.91
5.06
17.90

5.47
7.89
5.63
4.85
7.14
5.08
17.80

5.47
7.90
5.64
4.86
7.15
5.08
17.90

16.10

426.00

449.00

450.00

114.00
262.00
198.00

3,020.00
6,940.00
5,240.00

3,180.00
7,310.00
5,520.00

3,180.00
7,320.00
5,530.00

210.00
0.034
4.89
183.00

5,560.00
0.900
129.00
4,850.00

5,860.00
0.948
136.00
5,100.00

5,870.00
0.950
137.00
5,110.00

117.00
65.40
94.40
55.30
87.40

3,100.00
1,730.00
2,500.00
1,460.00
2,310.00

3,260.00
1,820.00
2,630.00
1,540.00
2,440.00

3,270.00
1,830.00
2,640.00
1,540.00
2,440.00

Noncitrus fruit
Apples, processing 1 9 ....................................................... ton
Apricots
Fresh 2 9 ........................................................................ ton
Dried (California) 9 ........................................................ ton
Avocados 2 9 ..................................................................... ton
Cherries
Sweet 9 ......................................................................... ton
Tart 9 ........................................................................ pound
Cranberry 3 9 ................................................................. barrel
Dates (California) 2 9 ......................................................... ton
Grapes
Raisin variety 9 .............................................................. ton
Other dried 9 ................................................................. ton
Kiwifruit 9 ........................................................................... ton
Nectarines, fresh (California) 2 9 ........................................ ton
Olives, canning (California) 3 9 ........................................... ton
See footnote(s) at end of table.

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

--continued

31

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]
Commodity and unit

Noncitrus fruit - continued
Papayas (Hawaii) 9 ..................................................... pound
Peaches
Fresh 4 9 ...................................................................... ton
Dried (California) 9 ....................................................... ton
Processing, excludes dried
Clingstone (California) 3 9 ....................................... ton

Parity price

Adjusted
base
price

March
2011

February
2012

March
2012

(dollars)

(dollars)

(dollars)

(dollars)

0.046

1.22

1.28

1.28

83.00
57.30

2,200.00
1,520.00

2,310.00
1,600.00

2,320.00
1,600.00

33.70

892.00

940.00

941.00

55.60
178.00

1,470.00
4,710.00

1,550.00
4,960.00

1,550.00
4,970.00

60.20
147.00

1,590.00
3,890.00

1,680.00
4,100.00

1,680.00
4,110.00

63.80
25.70

1,690.00
681.00

1,780.00
717.00

1,780.00
718.00

Tree nuts 6 9
Almonds ..................................................................... pound
Hazelnuts ........................................................................ ton
Pistachios .................................................................. pound
Walnuts ........................................................................... ton

0.209
183.00
0.194
177.00

5.53
4,850.00
5.14
4,690.00

5.83
5,100.00
5.41
4,940.00

5.84
5,110.00
5.42
4,940.00

Vegetables, fresh 7
Carrots 8 .......................................................................... cwt
Cauliflower 8 .................................................................... cwt
Celery 8 ........................................................................... cwt
Honeydew melons ........................................................... cwt
Lettuce ............................................................................ cwt
Onions 8 .......................................................................... cwt
Tomatoes ........................................................................ cwt

2.69
4.31
2.01
2.09
2.29
1.49
4.68

69.10
113.00
54.30
57.50
62.20
41.60
126.00

75.00
120.00
56.10
58.30
63.90
41.60
131.00

75.10
120.00
56.10
58.40
64.00
41.60
131.00

Pears
Fresh 4 9 ...................................................................... ton
Dried (California) 1 9 ..................................................... ton
Plums (California)
Fresh, equivalent on-tree 9 .......................................... ton
Prunes, dried (California) 1 9 ............................................ ton
Prunes and plums
Fresh, excludes California 5 9 ....................................... ton
Processing, excludes dried 1 9 ..................................... ton

1

Equivalent returns at processing plant door.
Equivalent returns at packinghouse door.
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.
2
3

32

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

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.

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

33

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.

34

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

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]
Indexes
and
ratios

1910-1914 Base

1990-1992 Base

March
2011

February
2012

March
2012

March
2011

February
2012

March
2012

(percent)

(percent)

(percent)

(percent)

(percent)

(percent)

Prices paid by farmers for
commodities, services,
interest, taxes, and wage
rates (PPITW) .........................................
Production ..........................................
Feed ...............................................
Livestock and poultry ......................
Seeds .............................................
Fertilizer ..........................................
Chemicals .......................................
Fuels ...............................................
Supplies and repairs .......................

2674
2052
1037
2027
3327
1165
894
2801
1155

2785
2150
1092
2367
3327
1224
948
2782
1199

2793
2156
1106
2353
3327
1179
973
2910
1199

201
211
212
159
336
318
145
363
163

209
222
224
185
336
334
153
360
169

210
222
226
184
336
322
157
377
169

Autos and trucks .............................
Machinery .......................................
Building materials ...........................
Services and rent ............................
Services ..........................................
Rent ................................................

3067
6002
2305
2119
(NA)
(NA)

3133
6135
2370
2181
(NA)
(NA)

3158
6129
2393
2183
(NA)
(NA)

115
239
170
(NA)
164
205

118
245
174
(NA)
167
212

119
244
176
(NA)
167
212

Interest 1 .............................................
Taxes 2 ...............................................
Wage rates .........................................
Production, interest, taxes,
and wage rates (PITW) ...................
Family living-CPI 3 ...............................

3381
5935
7301

3635
6225
7205

3635
6225
7205

135
222
195

145
232
193

145
232
193

2784
2122

2908
2162

2916
2172

207
166

216
169

217
170

Ratio (received/paid) ...........................
Parity ratio 4 ........................................
Parity ratio adjusted 5 ..........................
PPITW adjusted for
productivity 6 ...................................

(NA)
41
42

(NA)
41
42

(NA)
42
43

86
(NA)
(NA)

87
(NA)
(NA)

89
(NA)
(NA)

1464

1473

1475

(NA)

(NA)

(NA)

Crop sector (PPITW) ...........................
Livestock sector (PPITW) ...................

(NA)
(NA)

(NA)
(NA)

(NA)
(NA)

211
190

218
200

218
201

Farm sector (production) .....................
Non-farm sector (production) ..............

(NA)
(NA)

(NA)
(NA)

(NA)
(NA)

214
210

230
217

231
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.

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

35

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)

2011

2012

March
2011

February
2012

March
2012

(percent)

(percent)

(percent)

(percent)

(percent)

Production items ...................................................

70.6

71.1

211

222

222

Feed .................................................................
Feed grains ...................................................
Complete feeds .............................................
Hay and forages ............................................
Concentrates .................................................
Supplements .................................................
Livestock and poultry ........................................
Feeder cattle .................................................
Feeder pigs ...................................................
Milk cow replacements ..................................
Poultry ...........................................................

12.2
1.7
6.0
1.5
1.9
1.0
8.5
6.6
0.7
0.7
0.5

12.7
1.8
6.2
1.6
2.0
1.1
8.3
6.5
0.7
0.7
0.5

212
240
217
166
204
225
159
157
221
115
151

224
269
220
227
194
223
185
190
223
129
151

226
277
219
234
200
220
184
189
221
129
151

Seeds ...............................................................
Field crops ....................................................
Grasses and legumes ...................................
Fertilizer ............................................................
Mixed fertilizer ...............................................
Nitrogen ........................................................
Potash and phosphate ..................................
Chemicals .........................................................
Herbicides .....................................................
Insecticides ...................................................
Fungicides and other .....................................

4.1
3.7
0.4
5.5
2.4
2.3
0.8
3.3
2.1
0.7
0.5

4.3
3.9
0.4
5.7
2.5
2.4
0.8
3.2
2.0
0.7
0.5

336
356
145
318
310
311
361
145
130
167
174

336
356
145
334
330
331
357
153
138
177
185

336
356
145
322
333
305
335
157
141
182
189

Fuels .................................................................
Diesel ............................................................
Gasoline ........................................................
LP gas ...........................................................
Supplies and repairs .........................................
Supplies ........................................................
Repairs .........................................................
Autos and trucks ...............................................
Autos .............................................................
Trucks ...........................................................

4.0
2.5
0.8
0.7
4.6
1.5
3.0
1.4
0.2
1.2

4.0
2.5
0.8
0.7
4.6
1.5
3.0
1.2
0.2
1.1

363
403
308
284
163
158
165
115
112
116

360
408
310
248
169
164
171
118
116
118

377
425
331
257
169
164
171
119
116
119

Machinery .........................................................
Tractors .........................................................
Self-propelled ................................................
Other machinery ............................................
Building materials ..............................................
Services ............................................................
Custom rates .................................................
Other services ...............................................
Rent ..................................................................
Cash .............................................................
Share ............................................................

4.3
0.9
1.7
1.6
4.4
12.1
1.2
10.9
6.3
3.4
2.9

4.3
0.9
1.7
1.6
4.2
12.0
1.2
10.7
6.6
3.5
3.0

239
203
250
249
170
164
148
165
205
262
139

245
206
254
257
174
167
148
169
212
270
145

244
206
254
256
176
167
148
169
212
270
145

Interest ..................................................................
Taxes ....................................................................
Wage rates ...........................................................
Family living-CPI ...................................................

3.5
3.1
7.4
15.4

3.4
3.1
7.2
15.3

135
222
195
166

145
232
193
169

145
232
193
170

36

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Paid Indexes by Month,
All Items and Production Items –
United States: 1990-1992=100
Percent

240
220
200
180
160
140
120

All Items

Production Items

100
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Paid Indexes, Annual Averages,
Production Items, Interest, Taxes, and Wages –
United States: 1990-1992=100
Percent

280
230
180
130
80
Production Items

Interest

Taxes

Wages

30
2003

2004

2005

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

2006

2007

2008

2009

2010

2011

2012

37

Paid Indexes by Farm Type and Month,
All Items – United States: 1990-1992=100
Percent

220
200
180
160
140

120
All Farms

Crop Farms

Livestock Farms

100
2003

2004

2005

2006

2007

2008

2009

2010

2011

All

Nonfarm

2010

2011

2012

Paid Indexes by Origin and Month,
All Production Items –
United States: 1990-1992=100
Percent

250
230
210
190
170
150
130
110
Farm

90
2003

38

2004

2005

2006

2007

2008

2009

2012

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

Paid Indexes by Non-Farm Sector and Month,
Supplies & Repairs, Fertilizer, Machinery, and
Fuel – United States: 1990-1992=100
Percent

500
400
300
200
100
Supplies & Repairs
Machinery

Fertilizer
Fuel

0
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Paid Indexes by Month,
Feed and Livestock & Poultry –
United States: 1990-1992=100
Percent

250

200

150

100
Feed

Livestock & Poultry

50
2003

2004

2005

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

2006

2007

2008

2009

2010

2011

2012

39

Feed Price Ratios – United States: March 2012 with Comparisons
Feed price ratio 1

March 2011

Preliminary
March 2012

February 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.
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.
2

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]
Item

March 2011

February 2012

Preliminary
March 2012

(dollars)

(dollars)

(dollars)

Broilers, live ...........................................................pound
Eggs, market .......................................................... dozen

0.490
0.652

0.530
0.669

0.570
0.791

Hogs, all ..................................................................... cwt
Milk, all ....................................................................... cwt

62.90
20.40

65.50
17.70

65.70
17.40

Steers and heifers ...................................................... cwt
Turkeys, live ...........................................................pound

118.00
0.599

131.00
0.650

134.00
0.685

Corn ...................................................................... bushel
Hay, alfalfa ................................................................. ton

5.53
142.00

6.28
198.00

6.48
201.00

Soybeans .............................................................. bushel
Wheat, all .............................................................. bushel

12.70
7.55

12.20
7.10

13.10
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]
Item

Feeder cattle and calves ............................................ cwt
Feeder pigs ................................................................ cwt

40

March 2011

February 2012

Preliminary
March 2012

(dollars)

(dollars)

(dollars)

133.20
203.00

160.60
205.00

159.60
203.00

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

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).

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

41

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

42

Agricultural Prices (March 2012)
USDA, National Agricultural Statistics Service

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: [email protected].
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.


File Typeapplication/pdf
File TitleAgricultural Prices 03/29/2012
AuthorUSDA, National Agricultural Statistics Service
File Modified2012-03-29
File Created2012-03-29

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