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Agricultural Prices
ISSN: 1937-4216
Released June 30, 2020, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of
Agriculture (USDA).
May Prices Received Index Up 3.9 Percent
The May Prices Received Index 2011 Base (Agricultural Production), at 88.2, increased 3.9 percent from April but decreased 4.8 percent from May 2019. At 94.5, the Crop Production Index was up 2.3 percent from last month and
11 percent from the previous year. The Livestock Production Index, at 82.6, increased 5.4 percent from April, but
decreased 17 percent from May last year. Producers received higher prices during May for broilers, hogs, oranges, and cattle but lower prices for market eggs, milk, corn, and potatoes. In addition to prices, the indexes are influenced by the
volume change of commodities producers market. In May, there was increased monthly movement for cattle, sweet corn,
hay, and strawberries and decreased marketing of soybeans, apples, hogs, and calves.
May Prices Paid Index Up 0.1 Percent
The May Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 108.8, is up
0.1 percent from April 2020 but down 1.9 percent from May 2019. Higher prices in May for feeder cattle, LP gas, nitrogen, and hay and forages more than offset lower prices for complete feeds, supplements, other services, and feeder
pigs.
Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base – United States: May 2020 with Comparisons
Index Group May 2019
April 2020
May 2020
(percent) (percent) (percent)
Prices received by farmers ............................................................................... Prices paid by farmers ...................................................................................... Ratio of prices received to prices paid .............................................................
92.6
110.9
84
84.9
108.7
78
88.2
108.8
81
2 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Contents
Prices Received by Farmers ................................................................................................................................................ 3 Prices Received Indexes, 2011 Base – United States: May 2020 with Comparisons ........................................................... 4
Prices Received Indexes, 1910-1914 Base – United States: May 2020 with Comparisons .................................................. 4
Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 ................................. 4 Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 ......................................... 5
Prices Received for Field Crops and Fruits – United States: May 2020 with Comparisons ................................................. 6
Prices Received for Vegetables and Livestock – United States: May 2020 with Comparisons ............................................ 7 Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2020 with Comparisons ........................... 8
Prices Received for Beef Cattle and All Hogs by Month – United States: 2020 with Comparisons..................................... 8
Prices Received for All Wheat – States and United States: May 2020 with Comparisons ................................................... 9 Prices Received for Winter Wheat – States and United States: May 2020 with Comparisons ............................................. 9
Prices Received for Durum Wheat – States and United States: May 2020 with Comparisons ............................................10
Prices Received for Spring Wheat – States and United States: May 2020 with Comparisons.............................................10 Prices Received for Oats – States and United States: May 2020 with Comparisons ...........................................................10
Prices Received for All Barley – States and United States: May 2020 with Comparisons ..................................................11
Prices Received for Malting Barley – States and United States: May 2020 with Comparisons ..........................................11 Prices Received for Feed Barley – States and United States: May 2020 with Comparisons ...............................................11
Prices Received for Sorghum Grain – States and United States: May 2020 with Comparisons ..........................................12
Prices Received for Corn – States and United States: May 2020 with Comparisons ..........................................................12 Prices Received for Soybeans – States and United States: May 2020 with Comparisons ...................................................13
Prices Received for Dry Beans – States and United States: May 2020 with Comparisons..................................................13
Prices Received for Peanuts (in shell) – States and United States: May 2020 with Comparisons .......................................14 Prices Received for Sunflower – States and United States: May 2020 with Comparisons ..................................................14
Prices Received for Canola – States and United States: May 2020 with Comparisons .......................................................14
Prices Received for Flaxseed – States and United States: May 2020 with Comparisons ....................................................14 Prices Received for Upland Cotton and Cottonseed – States and United States: May 2020 with Comparisons ..................15
Prices Received and Marketings for Upland Cotton and Rice – United States: May 2020 with Comparisons ....................15
Prices Received for Hay by Type – States and United States: May 2020 with Comparisons ..............................................16 Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: May 2020 .........................................16
Prices Received for Citrus Fruits by Utilization – United States: May 2019 ......................................................................17
Prices Received for Citrus Fruits by Utilization – United States: April 2020 .....................................................................17 Prices Received for Citrus Fruits by Utilization – United States: May 2020 ......................................................................17
Prices Received for All Milk – States and United States: May 2020 with Comparisons .....................................................18
Prices Received for Milk Cows – States and United States: April 2020 with Comparisons ................................................18 Commodity Parity Prices and Price as Percent of Parity Price – United States: May 2020 with Comparisons ...................19
Commodity Parity Prices – United States: May 2020 with Comparisons ...........................................................................20
Reliability of Prices Received Estimates............................................................................................................................22 Prices Paid by Farmers ......................................................................................................................................................23
Prices Paid Indexes and Related Parity Ratios – United States: May 2020 with Comparisons ...........................................24
Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States: May 2020 with Comparisons ..........................................................................................................................................25
Feed Price Ratios – United States: May 2020 with Comparisons .......................................................................................26
Prices Received Used to Calculate Feed Price Ratios – United States: May 2020 with Comparisons ................................26 Prices Paid for Feeder Livestock – United States: May 2020 with Comparisons................................................................26
Reliability of Prices Paid Estimates ...................................................................................................................................27
Information Contacts .........................................................................................................................................................28
Agricultural Prices (June 2020) 3 USDA, National Agricultural Statistics Service
May Prices Received by Farmers
Crop production: The May index, at 94.5, is 2.3 percent higher than April and 11 percent higher than May 2019. The fruit & tree nut and vegetable & melon index increases more than offset the other crop and grain & oilseed index
decreases.
Grain and oilseed: The May index, at 60.8, is down 2.6 percent from April and 4.3 percent from May 2019. Feed grain
index decreases more than offset the higher food grain and oilseed index.
Feed grain: The May index, at 53.6, decreased 2.7 percent from last month and 11.6 percent from May 2019. The corn
price, at $3.20 per bushel, is down 9 cents from last month and 43 cents from May 2019.
Food grain: At 77.9, the index for May decreased 1.3 percent from the previous month but increased 7.7 percent from
May 2019. The May price for all wheat, at $4.76 per bushel, is 8 cents lower than April and 2 cents lower than May 2019.
The May price for rice, at $14.00 per cwt, is 20 cents higher than April and $2.10 higher than May 2019.
Oilseed: At 67.3, the index for May decreased 0.3 percent from April but increased 3.2 percent from May 2019. The
soybean price, at $8.28 per bushel, is 7 cents lower than April but 26 cents higher than May 2019.
Fruit and tree nut: The May index, at 153.2, is up 5.1 percent from April and 49 percent from a year earlier. Price
increases during May for oranges, lemons, and grapefruit more than offset price decreases for pears and strawberries.
Vegetable and melon: At 123.0, the index for May decreased 2.1 percent from the previous month but increased
18.3 percent from May 2019. Potatoes, lettuce, and celery prices have decreased from April.
Other crop: The May index, at 81.1, is up 5.2 percent from the previous month but down 11 percent from May 2019. The
all hay price, at $164 per ton, is $3.00 higher than April but $23.00 lower than May 2019. At 55.0 cents per pound, the price for upland cotton is 0.1 cents higher than April but 14.6 cents lower than May 2019.
Livestock production: The index for May, at 82.6, increased 5.4 percent from the previous month but decreased 17 percent from May 2019. Compared with a month ago, prices are higher for broilers, hogs, cattle and turkeys. Prices are
lower for market eggs and milk.
Meat animal: At 91.4, the May index increased 4.5 percent from the previous month but decreased 10 percent from May
2019. At $51.00 per cwt, the May hog price is $8.70 higher than April but $11.30 lower than May 2019. The May beef
cattle price of $109.00 per cwt is $1.00 higher than the previous month but $11.00 lower than May 2019.
Dairy: The index for May, at 67.7, is down 5.4 percent from the previous month and 24.4 percent from May a year ago.
The May all milk price of $13.60 per cwt is 80 cents lower than April and $4.40 lower than May 2019.
Poultry and egg: At 79.3, the May index increased 18 percent from April but decreased 22.7 percent from May 2019.
The May broiler price, at 34.5 cents per pound, is 11.9 cents higher than April but 22.5 cents lower than May 2019. At 70.1 cents per pound, the May turkey price is 2.4 cents higher than the previous month and 16.8 cents higher than May
2019. The May market egg price, at 48.6 cents per dozen, is 31.1 cents lower than April but 29.9 cents higher than
May 2019.
Food Commodities: The index, at 92.3, increased 4.9 percent from the previous month but decreased 4.0 percent from
May 2019.
4 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Prices Received Indexes, 2011 Base – United States: May 2020 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]
Index Group
2011 Base
May 2019
April 2020
May 2020
(percent) (percent) (percent)
Agricultural production ............................................................................... Crop production ..................................................................................... Grain and oilseed .............................................................................. Feed grain ...................................................................................... Food grain ...................................................................................... Oilseed ........................................................................................... Fruit and tree nut ............................................................................... Vegetable and melon ........................................................................ Other crop .......................................................................................... Livestock production .............................................................................. Meat animal ....................................................................................... Cattle .............................................................................................. Hog ................................................................................................. Dairy ................................................................................................... Poultry and egg ................................................................................. Food commodity ........................................................................................
92.6 85.0 63.5 60.6 72.3 65.2
102.7 104.0 91.5
99.2
102.0 104.3 93.7 89.6
102.6
96.1
84.9 92.4 62.4 55.1 78.9 67.5
145.8 125.6 77.1
78.4 87.5 94.8 63.6 71.6 67.3
88.0
88.2 94.5 60.8 53.6 77.9 67.3
153.2 123.0 81.1
82.6 91.4 95.4 76.7 67.7 79.3
92.3
Prices Received Indexes, 1910-1914 Base – United States: May 2020 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]
Index Group
1910 - 1914 Base
May 2019
April 2020
May 2020
(percent) (percent) (percent)
Agricultural production ............................................................................... Crop production ..................................................................................... Livestock production ..............................................................................
956 741
1151
876 806 910
910 825 960
Prices Received Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 [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]
Month
2011 Base
Agricultural production
Crop production
Livestock production
Food commodities
2019 2020 2019 2020 2019 2020 2019 2020
(percent) (percent) (percent) (percent) (percent) (percent) (percent) (percent)
January ................................ February .............................. March ................................... April ...................................... May ...................................... June ..................................... July ...................................... August ................................. September ........................... October ................................ November ............................ December ............................
86.4 90.3 93.3 93.7 92.6 93.7 91.4 91.8 88.1 86.0 90.4 90.7
88.8 90.5 93.3 84.9 88.2
78.7 85.1 87.7 85.8 85.0 89.9 89.3 89.8 88.9 83.1 85.1 85.3
82.3 86.0 88.7 92.4 94.5
97.8 95.2 98.1
100.5 99.2 97.4 93.7 93.8 87.4 90.6 97.1 97.2
98.5 94.7 97.4 78.4 82.6
92.9 94.3 98.0 97.7 96.1 96.7 93.5 94.5 90.1 89.3 97.4 96.3
96.3 94.8 98.7 88.0 92.3
Agricultural Prices (June 2020) 5 USDA, National Agricultural Statistics Service
Prices Paid Indexes, 2011 Base by Month for Selected Groups – United States: 2019 and 2020 [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]
Month
2011 Base
All items (PPITW)
Production Crop sector
Livestock sector
2019 2020 2019 2020 2019 2020 2019 2020
(percent) (percent) (percent) (percent) (percent) (percent) (percent) (percent)
January ............................... February .............................. March .................................. April ..................................... May ...................................... June ..................................... July ...................................... August ................................. September .......................... October ............................... November ........................... December ...........................
110.5 110.6 110.7 111.3 110.9 110.4 110.7 109.9 109.6 110.3 110.6 110.9
111.3 111.1 110.1 108.7 108.8
107.4 107.5 107.6 108.4 107.8 107.2 107.3 106.2 105.8 106.7 107.1 107.4
107.6 107.1 105.8 104.3 104.4
111.6 111.8 111.6 111.6 111.7 111.8 112.1 111.4 111.0 111.6 111.7 111.9
112.0 112.0 111.5 110.7 110.9
109.3 109.4 109.8 110.9 110.0 108.9 109.1 108.2 108.0 109.0 109.4 109.7
110.7 110.1 108.7 106.6 106.6
6 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Prices Received for Field Crops and Fruits – United States: May 2020 with Comparisons [Price data source for non-citrus fruit commodities is United States Department of Agriculture's Agricultural Marketing Service]
Commodity 2011
Base Price May 2019 April 2020 May 2020
Field crops 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 Cotton, Upland ................................................... dollars/pound Cottonseed ...............................................................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 Rice, all .................................................................... dollars/cwt Long ...................................................................... dollars/cwt Medium and short ................................................. dollars/cwt Sorghum grain ........................................................ dollars/cwt Soybeans ........................................................... dollars/bushel Sunflowers, all ........................................................ dollars/cwt Wheat, all ........................................................... dollars/bushel Winter ............................................................... dollars/bushel Durum ............................................................... dollars/bushel Other spring ..................................................... dollars/bushel Hard red winter ................................................ dollars/bushel Soft red winter .................................................. dollars/bushel Hard red spring ................................................ dollars/bushel White ................................................................ dollars/bushel Fruits Citrus, equivalent on-tree Grapefruit .............................................................. dollars/box Lemons ................................................................. dollars/box Oranges ................................................................ dollars/box Non-citrus, fresh 1 Apples .............................................................. dollars/pound Grapes ....................................................................dollars/ton Peaches .................................................................dollars/ton Pears ......................................................................dollars/ton Strawberries .......................................................... dollars/cwt
4.79 4.59 4.83
34.60 23.10 35.70 39.20 23.40 6.02
0.880
131.00 14.20
159.00 176.00 119.00
27.50 3.42
0.252
13.60 13.70 12.30 18.40 10.70 12.50 29.00
7.44 6.93 9.22 8.33 7.07 6.77 8.38 6.58
7.47 12.30 8.16
0.325 628.00 507.00 559.00 104.00
4.90 3.44 5.03
24.80 15.20 23.40 22.40 25.80 3.63
0.696 (NA) 9.54
187.00 204.00 152.00
13.30 3.11
0.205
11.10 11.90 10.50 18.80 5.67 8.02
18.30
4.78 4.74 4.92 4.86 4.54 4.81 4.83 5.25
13.94 16.25 11.06
0.383 (S)
1,720.00 620.00
61.80
4.64 3.16 4.73
37.20 15.20 16.80 16.90 12.60 3.29
0.549 (NA) 9.15
161.00 181.00 124.00
14.60 3.10
0.206
9.52 13.80 12.80 16.00 5.77 8.35
20.20
4.84 4.88 5.26 4.68 4.64 5.64 4.63 5.49
11.26 10.91 11.09
0.577 (S) (S)
1,050.00 123.00
4.76 3.20 4.98
34.50 14.20 16.80 17.80 15.60 3.20
0.550 (NA) 9.57
164.00 179.00 131.00
15.60 3.10
0.211
9.16 14.00 12.90 16.40 5.92 8.28
20.40
4.76 4.84 5.27 4.50 4.58 5.29 4.43 5.56
11.87 14.21 12.97
0.579 (S)
1,500.00 1,040.00
107.00
(NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Beginning February 2020, price reflects FOB shipping point basis
Agricultural Prices (June 2020) 7 USDA, National Agricultural Statistics Service
Prices Received for Vegetables and Livestock – United States: May 2020 with Comparisons [Price data source for vegetables, livestock, and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service]
Commodity 2011
Base Price May 2019 April 2020 May 2020
Vegetables, fresh 1 Asparagus ............................................................... dollars/cwt Beans, snap ............................................................ dollars/cwt Broccoli ................................................................... dollars/cwt Cantaloupes ............................................................ dollars/cwt Carrots .................................................................... dollars/cwt Cauliflower .............................................................. dollars/cwt Celery ...................................................................... dollars/cwt Corn, sweet ............................................................. dollars/cwt Cucumbers ............................................................. dollars/cwt Lettuce .................................................................... dollars/cwt Onions 2 .................................................................. dollars/cwt Potatoes .................................................................. dollars/cwt Tomatoes ................................................................ dollars/cwt Livestock Calves ..................................................................... dollars/cwt Cattle, all beef ......................................................... dollars/cwt Cows 3 ................................................................... dollars/cwt Steers and heifers ................................................ dollars/cwt Milk cows 4 ............................................................ dollars/head Hogs, all .................................................................. dollars/cwt Barrows and gilts .................................................. dollars/cwt Sows ..................................................................... dollars/cwt Dairy and poultry Milk, all 5 .................................................................. dollars/cwt Fat test ........................................................................ percent Broilers, live 6 ...................................................... dollars/pound Eggs, all .............................................................. dollars/dozen Market 7 ............................................................. dollars/dozen Turkeys, live 8 ..................................................... dollars/pound
37.50 69.00 41.60 16.50 30.80 47.00 22.50 30.70 18.70 24.30 11.90 14.30 51.20
142.00 115.00
71.60 117.00
1,420.00 66.50 66.80 57.90
20.10 3.71
0.459 0.969 0.796 0.680
121.00 58.50 77.90 12.80 28.10
112.00 109.00
30.50 26.30 19.70 24.30 11.10 36.20
148.00 120.00
65.60 122.00
(NA) 62.30 62.30 61.80
18.00 3.85
0.570 0.475 0.187 0.533
284.00 45.30 53.80
(S) 47.50 72.00 49.60 28.20 23.40 22.30 24.80 14.60 65.00
151.00 108.00
64.00 111.00
1,250.00 42.30 42.60 36.20
14.40 3.94
0.226 1.04
0.797 0.677
262.00 49.50 46.00 31.90 47.00 43.30 45.10 33.20 27.20 20.80 27.90 12.80 87.00
151.00 109.00
68.30 111.00
(NA) 51.00 52.70 22.40
13.60 3.87
0.345 0.774 0.486 0.701
Adjusted for seasonal variation Eggs, all .............................................................. dollars/dozen Seasonal factor .......................................................... percent Milk, all .................................................................... dollars/cwt Seasonal factor .......................................................... percent
0.979
101 20.20
100
0.677
70 18.70
96
1.14
91 15.00
96
1.12
69 14.10
96
(NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Beginning February 2020, price reflects FOB shipping point basis 2 Includes some processing. 3 Beef cows and cull dairy cows sold for slaughter. 4 Animals sold for dairy herd replacement only. Prices available for January, April, July, and October. 5 Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 6 Live weight equivalent price. 7 Also referred to as table eggs. 8 Live weight equivalent price is used when actual live weight price is not available. Beginning January 2011, price reflects FOB shipping point
basis. Prior year price reflects delivered basis.
8 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Prices Received for All Wheat, Corn, and Soybeans by Month – United States: 2020 with Comparisons [Blank data cells indicate estimation period has not yet begun]
Month All wheat Corn Soybeans
2018 2019 2020 2018 2019 2020 2018 2019 2020
(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)
January ......... February ....... March ............ April ............... May ............... June .............. July ............... August .......... September .... October ......... November ..... December .....
4.65 4.92 5.10 5.28 5.39 5.19 5.00 5.31 5.15 5.22 5.23 5.28
5.28 5.33 5.19 4.93 4.78 4.81 4.52 4.35 4.26 4.45 4.39 4.64
4.87 4.88 4.86 4.84 4.76
3.29 3.38 3.51 3.58 3.68 3.58 3.47 3.36 3.40 3.42 3.41 3.54
3.56 3.60 3.61 3.53 3.63 3.98 4.16 3.93 3.80 3.84 3.68 3.71
3.79 3.78 3.68 3.29 3.20
9.30 9.50 9.81 9.85 9.84 9.55 9.08 8.59 8.78 8.59 8.36 8.56
8.64 8.52 8.52 8.28 8.02 8.31 8.38 8.22 8.35 8.60 8.59 8.70
8.84 8.59 8.46 8.35 8.28
Prices Received for Beef Cattle and All Hogs by Month – United States: 2020 with Comparisons [Price data source for livestock commodities is United States Department of Agriculture's Agricultural Marketing Service. Blank data cells indicate estimation period has not yet begun]
Month Beef cattle 1 All hogs 2
2018 2019 2020 2018 2019 2020
(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 ..........
120.00 125.00 125.00 119.00 120.00 112.00 110.00 110.00 108.00 110.00 113.00 117.00
121.00 123.00 126.00 125.00 120.00 114.00 112.00 111.00 103.00 107.00 113.00 118.00
122.00 120.00 113.00 108.00 109.00
52.50 54.60 50.00 45.30 51.50 59.10 58.60 44.30 43.20 50.30 46.20 43.40
44.60 43.40 46.50 59.40 62.30 59.50 56.60 58.50 47.70 49.10 48.00 47.30
47.80 45.50 47.70 42.30 51.00
1 Cows and steers & heifers. 2 Barrows & gilts and sows.
Agricultural Prices (June 2020) 9 USDA, National Agricultural Statistics Service
Prices Received for All Wheat – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per bushel) (dollars per bushel) (dollars per bushel)
Arizona ............................................... Arkansas ............................................ California ............................................ Colorado ............................................ Idaho .................................................. Illinois ................................................. Indiana ............................................... Kansas ............................................... Michigan ............................................. Minnesota .......................................... Missouri .............................................. Montana ............................................. Nebraska ............................................ North Carolina ................................... North Dakota ...................................... Ohio .................................................... Oklahoma ........................................... Oregon ............................................... South Dakota ..................................... Texas ................................................. Washington ........................................ United States .....................................
(D) (D) (D)
4.24 4.95 4.64 5.01 4.40 4.93 4.66
4.53 4.78 3.94 5.02 4.73 4.88 4.21 5.63 4.69 5.15 5.44
4.78
(D) (S) (D)
4.48 4.94 5.85 5.47 4.56 5.85 4.48
5.97 4.80 4.44 5.74 4.64 5.32 4.61 5.95 4.78 5.35 5.73
4.84
(D) (D) (D)
4.25 5.08
(D) 5.44 4.47 5.55 3.90
5.86 4.88 4.40 4.59 4.53 4.97 4.69 5.79 4.52 4.74 5.76
4.76
(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: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per bushel) (dollars per bushel) (dollars per bushel)
Arkansas ............................................ California ............................................ Colorado ............................................ Idaho .................................................. Illinois ................................................. Indiana ............................................... Kansas ............................................... Michigan ............................................. Minnesota 1 ........................................ Missouri .............................................. Montana ............................................. Nebraska ............................................ North Carolina ................................... North Dakota ...................................... Ohio .................................................... Oklahoma ........................................... Oregon ............................................... South Dakota ..................................... Texas ................................................. Washington ........................................ United States .....................................
(D) (D)
4.24 4.91 4.64 5.01 4.40 4.93
(D) 4.53
4.65 3.94 5.02 3.97 4.88 4.21 5.62 4.19 5.15 5.44
4.74
(S) (D)
4.48 4.93 5.85 5.47 4.56 5.85 (NA) 5.97
4.65 4.44 5.74 4.61 5.32 4.61 5.95 4.73 5.35 5.70
4.88
(D) (D)
4.25 5.06
(D) 5.44 4.47 5.55 (NA) 5.86
4.94 4.40 4.59
(D) 4.97 4.69 5.79 4.43 4.74 5.75
4.84
(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Monthly estimates discontinued in September 2019.
10 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Prices Received for Durum Wheat – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per bushel) (dollars per bushel) (dollars per bushel)
Arizona ............................................... California ............................................ Idaho ................................................... Montana ............................................. North Dakota ...................................... United States .....................................
(D) (S) (D) (D)
4.76
4.92
(D) (S) (S) (D)
5.31
5.26
(D) (S) (S) (D)
5.22
5.27
(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.
Prices Received for Spring Wheat – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per bushel) (dollars per bushel) (dollars per bushel)
Colorado 1 .......................................... Idaho ................................................... Minnesota ........................................... Montana ............................................. North Dakota ...................................... Oregon 1 ............................................. South Dakota ..................................... Washington ........................................ United States .....................................
(S) 5.02 4.66 4.89 4.73 5.71 5.03 5.45
4.86
(NA) (D)
4.48 5.01 4.40 (NA) 4.91 5.88
4.68
(NA) 5.12 3.90 4.74 4.35 (NA) 4.61 5.85
4.50
(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Monthly estimates discontinued in September 2019.
Prices Received for Oats – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(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 ........................................... United States .....................................
(S) 3.46 3.75 2.95
(S) 2.99
(S) 2.66
(S) (D)
3.00 (D)
3.55
3.11
(S) 3.51 4.06 2.69
(S) 3.28
(S) 2.39
(S) 4.01 3.12
(S) 3.59
3.10
(D) 3.91
(D) 2.73
(D) 3.64
(S) 2.41
(S) 4.50 2.90
(D) 3.23
3.10
(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.
Agricultural Prices (June 2020) 11 USDA, National Agricultural Statistics Service
Prices Received for All Barley – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per bushel) (dollars per bushel) (dollars per bushel)
California ............................................ Colorado ............................................ Idaho .................................................. Minnesota .......................................... Montana ............................................. North Dakota ...................................... Washington ........................................ Wyoming ............................................ United States .....................................
(D) (D)
5.34 (D) (D)
4.19 (D) (S)
4.90
(D) 5.28 4.95
(D) 3.95 4.17
(D) (S)
4.64
(S) (D)
5.14 (D)
3.77 3.80 5.19
(S)
4.76
(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.
Prices Received for Malting Barley – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per bushel) (dollars per bushel) (dollars per bushel)
California ............................................ Colorado ............................................ Idaho .................................................. Minnesota .......................................... Montana ............................................. North Dakota ...................................... Washington ........................................ Wyoming ............................................ United States .....................................
(S) (D)
5.43 (D) (S)
4.42 (D) (S)
5.03
(D) 5.28
(D) (D)
4.24 4.19
(D) (S)
4.73
(S) (D)
5.18 (D)
4.05 4.22
(D) (S)
4.98
(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.
Prices Received for Feed Barley – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per bushel) (dollars per bushel) (dollars per bushel)
California ............................................ Colorado ............................................ Idaho .................................................. Minnesota .......................................... Montana ............................................. North Dakota ...................................... Washington ........................................ Wyoming ............................................ United States .....................................
(D) (S)
3.45 (S) (D)
3.42 3.54
(S)
3.44
(S) (S)
3.42 (S)
3.14 2.85 2.81
(S)
3.16
(S) (S)
3.55 (S)
2.69 3.19 3.13
(S)
3.20
(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.
12 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Prices Received for Sorghum Grain – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per cwt) (dollars per cwt) (dollars per cwt)
Arkansas 1 .......................................... Kansas ............................................... Louisiana 1 .......................................... Missouri 1 ............................................ Nebraska ............................................ Oklahoma ........................................... Texas .................................................. United States .....................................
(S) 5.52
(S) 6.78 5.28 5.94 6.75
5.67
(NA) 5.77 (NA) (NA) 5.64 5.86 5.81
5.77
(NA) 5.86 (NA) (NA) 5.66 5.82 6.82
5.92
(NA) Not available. (S) Insufficient number of reports to establish an estimate. 1 Monthly estimates discontinued in September 2019.
Prices Received for Corn – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per bushel) (dollars per bushel) (dollars per bushel)
Colorado ......................................................... Illinois .............................................................. Indiana ............................................................ Iowa ................................................................ Kansas ........................................................... Kentucky ......................................................... Michigan ......................................................... Minnesota ....................................................... Missouri .......................................................... Nebraska ........................................................ North Carolina ................................................ North Dakota .................................................. Ohio ................................................................ Pennsylvania .................................................. South Dakota ................................................. Tennessee ..................................................... Texas .............................................................. Wisconsin ....................................................... United States .................................................
3.97 3.62 3.81 3.59 3.58 3.86 3.70 3.51 3.79 3.62
4.31 3.38 3.79 4.14 3.48 3.83 4.30 3.51
3.63
3.34 3.21 3.61 3.28 3.26 3.76 3.42 3.14 3.44 3.23
4.36 2.82 3.66 3.77 3.00 3.53 3.83 3.10
3.29
3.36 3.23 3.43 3.12 3.11 3.44 3.50 3.09 3.38 3.10
4.05 2.89 3.46 3.74 2.80 3.13 3.46 3.09
3.20
Agricultural Prices (June 2020) 13 USDA, National Agricultural Statistics Service
Prices Received for Soybeans – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per bushel) (dollars per bushel) (dollars per bushel)
Arkansas ............................................ Illinois ................................................. Indiana ............................................... Iowa .................................................... Kansas ............................................... Kentucky ............................................ Louisiana ............................................ Michigan ............................................. Minnesota .......................................... Mississippi .......................................... Missouri .............................................. Nebraska ............................................ North Carolina ................................... North Dakota ...................................... Ohio .................................................... South Dakota ..................................... Tennessee ......................................... Wisconsin ........................................... United States .....................................
7.98 8.23 8.39 7.89 7.57 8.28
(D) 8.08 8.03
(D)
7.99 7.64 8.24 7.40 8.14 7.40 8.24 7.92
8.02
8.31 8.42 8.64 8.35 8.10 8.63
(D) (D)
8.07 8.34
8.49 8.08 8.51 7.49 8.88 7.90 8.52 8.13
8.35
8.43 8.40 8.62 8.28 7.88 8.52 8.65 8.59 8.17 8.11
8.42 7.94 8.29 7.48 8.72 7.88 8.44 8.13
8.28
(D) Withheld to avoid disclosing data for individual operations.
Prices Received for Dry Beans – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per cwt) (dollars per cwt) (dollars per cwt)
California ............................................ Colorado ............................................ Idaho .................................................. Michigan ............................................. Minnesota .......................................... Nebraska ............................................ North Dakota ...................................... United States .....................................
65.70 23.00 22.40 30.90
(S) (D)
21.70
24.80
(D) 38.40
(D) (D) (D) (D)
36.10
37.20
(S) (D) (D) (D)
36.10 (D)
33.80
34.50
(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.
14 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Prices Received for Peanuts (in shell) – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per pound) (dollars per pound) (dollars per pound)
Alabama ............................................. Arkansas ............................................ Florida ................................................. Georgia ............................................... Mississippi .......................................... New Mexico ........................................ North Carolina .................................... Oklahoma ........................................... South Carolina ................................... Texas .................................................. Virginia ............................................... United States .....................................
0.199 (S)
0.200 0.197 0.207 0.250 0.219 0.235 0.212 0.254 0.233
0.205
0.203 (S)
0.200 0.199 0.205
(S) 0.222 0.233 0.212 0.233 0.220
0.206
0.203 0.190 0.203 0.197 0.212
(S) 0.211 0.235 0.211 0.323 0.218
0.211
(S) Insufficient number of reports to establish an estimate.
Prices Received for Sunflower – States and United States: May 2020 with Comparisons
State May 2019 April 2020 May 2020
(dollars per cwt) (dollars per cwt) (dollars per cwt)
Kansas ............................................... Minnesota ........................................... North Dakota ...................................... South Dakota ..................................... United States .....................................
(D) 18.60 22.00 16.70
18.30
(D) (D)
21.70 19.50
20.20
(D) 18.90 20.90 20.50
20.40
(D) Withheld to avoid disclosing data for individual operations.
Prices Received for Canola – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per cwt) (dollars per cwt) (dollars per cwt)
Minnesota ........................................... Montana ............................................. North Dakota ...................................... Oklahoma ........................................... United States .....................................
(D) (D)
15.20 (S)
15.20
(D) 15.70 15.10
(S)
15.20
(D) (D)
14.20 (D)
14.20
(D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate.
Prices Received for Flaxseed – States and United States: May 2020 with Comparisons State May 2019 April 2020 May 2020
(dollars per bushel) (dollars per bushel) (dollars per bushel)
North Dakota ...................................... United States .....................................
9.54
9.54
9.15
9.15
9.57
9.57
Agricultural Prices (June 2020) 15 USDA, National Agricultural Statistics Service
Prices Received for Upland Cotton and Cottonseed – States and United States: May 2020 with Comparisons [Cottonseed marketing year August - February]
State
Cotton, Upland Cottonseed
May 2019
April 2020
May 2020
May 2019
April 2020
May 2020
(dollars per pound) (dollars per pound) (dollars per pound) (dollars per ton) (dollars per ton) (dollars per ton)
Alabama ............................... Arizona ................................. Arkansas .............................. California .............................. Georgia ................................ Louisiana .............................. Mississippi ............................ North Carolina ..................... Tennessee ........................... Texas ................................... United States .......................
(D) (D) (D) (D) (D) (D) (D) (D) (D)
0.642
0.696
0.565 (S) (D) (D)
0.537 (D) (D) (D)
0.559 0.507
0.549
0.592 (S) (D) (D)
0.591 (D) (D)
0.544 0.525 0.515
0.550
(NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)
(NA)
(NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)
(NA)
(NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)
(NA)
(D) Withheld to avoid disclosing data for individual operations. (NA) Not available. (S) Insufficient number of reports to establish an estimate.
Prices Received and Marketings for Upland Cotton and Rice – United States: May 2020 with Comparisons
Item May 2019 April 2020 May 2020
Cotton, Upland Average price ........................................ dollars/pound Marketings 1 .............................................. 1,000 bales Rice, all Average price ............................................ dollars/cwt Marketings 2 ................................................. 1,000 cwt Rice, long Average price ............................................ dollars/cwt Marketings 2 ................................................. 1,000 cwt Rice, medium and short California Average price ............................................ dollars/cwt Other States 3 Average price ............................................ dollars/cwt United States Average price ............................................ dollars/cwt Marketings 2 ................................................. 1,000 cwt
0.696 518
11.90 14,402
10.50 11,869
21.30
12.60
18.80 2,533
0.549 394
13.80 10,235
12.80 7,296
18.60
11.70
16.00 2,939
0.550 397
14.00 8,222
12.90 5,545
19.60
11.60
16.40 2,677
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. 3 Other States include Arkansas, Louisiana, Mississippi, Missouri, and Texas.
16 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Prices Received for Hay by Type – States and United States: May 2020 with Comparisons
State
All hay Alfalfa hay Other hay
May 2019
April 2020
May 2020
May 2019
April 2020
May 2020
May 2019
April 2020
May 2020
(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 ......................... Missouri ............................ Montana ........................... Nebraska .......................... Nevada ............................. New Mexico ...................... New York .......................... North Dakota .................... Ohio .................................. Oklahoma ......................... Oregon ............................. Pennsylvania .................... South Dakota ................... Texas ................................ Utah .................................. Washington ...................... Wisconsin ......................... Wyoming .......................... United States ...................
240.00 208.00 229.00 155.00 149.00 158.00 126.00 173.00 174.00 174.00
133.00 147.00 117.00 165.00 235.00 168.00
84.00 170.00 151.00 198.00
210.00 115.00 158.00 185.00 190.00 221.00 165.00
187.00
195.00 192.00 229.00 159.00 173.00 113.00 121.00 154.00 152.00 122.00
119.00 130.00 103.00 183.00 215.00 164.00
87.00 171.00
95.00 186.00
163.00
95.00 138.00 174.00 188.00 163.00 176.00
161.00
190.00 184.00 230.00 149.00 163.00 116.00 119.00 160.00 150.00 133.00
121.00 126.00 106.00 180.00 216.00 166.00
84.00 171.00 111.00 190.00
169.00
97.00 149.00 170.00 175.00 162.00 167.00
164.00
240.00 220.00 230.00 155.00 170.00 168.00 151.00 215.00 195.00 180.00
155.00 150.00 123.00 165.00 245.00 186.00
85.00 195.00 196.00 200.00
230.00 120.00 203.00 185.00 190.00 232.00 170.00
204.00
195.00 200.00 230.00 160.00 185.00 121.00 135.00 205.00 170.00 139.00
155.00 130.00 111.00 185.00 220.00 223.00
90.00 200.00 160.00 195.00
241.00 102.00 187.00 175.00 195.00 171.00 180.00
181.00
190.00 195.00 230.00 150.00 175.00 123.00 133.00 205.00 165.00 147.00
155.00 125.00 111.00 180.00 225.00 233.00
85.00 195.00 140.00 200.00
251.00 102.00 179.00 170.00 175.00 163.00 175.00
179.00
200.00 165.00 220.00 160.00 130.00 133.00
83.00 145.00 150.00 143.00
125.00 140.00
95.00 170.00 180.00 166.00
68.00 140.00 143.00 190.00
200.00
94.00 135.00 150.00 190.00 189.00 140.00
152.00
190.00 150.00 225.00 140.00 130.00
93.00 104.00 130.00 110.00
87.00
110.00 130.00
89.00 170.00 190.00 145.00
67.00 140.00
85.00 160.00
152.00
81.00 130.00 125.00 175.00 136.00 150.00
124.00
185.00 145.00 235.00 140.00 125.00 103.00
96.00 130.00 110.00
88.00
110.00 130.00
87.00 175.00 170.00 145.00
67.00 140.00 105.00 160.00
160.00
79.00 133.00 125.00 175.00 158.00 145.00
131.00
Prices Received for Premium and Supreme Alfalfa Hay – States and 5-State Total: May 2020 State May 2019 April 2020 May 2020
(dollars per ton) (dollars per ton) (dollars per ton)
California ............................................ Idaho ................................................... Michigan ............................................. Minnesota ........................................... New York ............................................ Pennsylvania ...................................... Texas .................................................. Wisconsin ........................................... 5-State Total 1 2 ..................................
225.00 170.00 200.00 232.00 222.00 294.00 247.00 264.00
222.00
220.00 170.00 185.00 225.00 256.00 340.00 218.00 245.00
209.00
215.00 160.00 180.00 238.00 266.00 350.00 218.00 234.00
211.00
1 5-State total represents a weighted (hay purchases) average price for the five largest milk producing States (based on the pounds of milk produced during the previous month).
2 For April 2020, includes California, Idaho, New York, Texas, and Wisconsin. For May 2020, includes California, Idaho, New York, Texas, and Wisconsin.
Agricultural Prices (June 2020) 17 USDA, National Agricultural Statistics Service
Prices Received for Citrus Fruits by Utilization – United States: May 2019
Commodity FOB
packed fresh
Equivalent returns
Packinghouse door On-tree
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)
Grapefruit ................................................. Lemons .................................................... Oranges ...................................................
(D)
40.90
26.30
16.73
22.46
14.07
(D)
30.67
16.03
(D)
(D)
13.61
13.94
16.25
11.06
(D)
24.02
13.17
(D)
(D)
10.56
(D) Withheld to avoid disclosing data for individual operations.
Prices Received for Citrus Fruits by Utilization – United States: April 2020
Commodity FOB
packed fresh
Equivalent returns
Packinghouse door On-tree
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)
Grapefruit ................................................. Lemons .................................................... Oranges ...................................................
(D)
38.50
28.70
13.92
17.08
14.10
(D)
28.07
18.29
(D)
(D)
12.63
11.26
10.91
11.09
(D)
21.29
15.38
(D)
(D)
9.58
(D) Withheld to avoid disclosing data for individual operations.
Prices Received for Citrus Fruits by Utilization – United States: May 2020
Commodity FOB
packed fresh
Equivalent returns
Packinghouse door On-tree
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)
Grapefruit ................................................. Lemons .................................................... Oranges ...................................................
(D)
40.80
32.60
14.57
20.49
15.98
(D)
30.37
22.16
(D)
(D)
13.11
11.87
14.21
12.97
(D)
23.59
19.24
(D)
(D)
10.06
(D) Withheld to avoid disclosing data for individual operations.
18 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Prices Received for All Milk – States and United States: May 2020 with Comparisons [Before deduction for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies]
State May 2019 April 2020 May 2020
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 .................................... Georgia .................................. Idaho ...................................... Illinois ..................................... Indiana ................................... Iowa ....................................... Kansas .................................. Michigan ................................ Minnesota .............................. New Mexico ........................... New York ............................... Ohio ....................................... Oregon .................................. Pennsylvania ......................... South Dakota ........................ Texas ..................................... Utah ....................................... Vermont ................................. Virginia .................................. Washington ........................... Wisconsin .............................. United States ........................
17.40 17.80 18.40 21.40 19.30 17.40 18.10 17.60 18.60 16.80
16.80 18.50 16.50 18.40 18.00 20.50 18.70 19.40 18.40 17.60
18.80 18.80 18.30 18.20
18.00
3.65 3.79 3.76 3.57 3.60 3.86 3.87 3.76 3.95 3.87
3.77 3.99 3.69 3.84 3.84 4.00 3.77 4.21 4.09 3.84
3.93 3.66 4.00 3.85
3.85
13.90 14.20 15.80 19.70 17.40 14.70 13.90 14.10 14.00 12.80
13.00 14.00 11.90 14.70 14.80 17.60 15.30 15.30 14.70 15.20
15.50 17.70 14.50 14.00
14.40
3.73 3.91 3.83 3.65 3.66 4.06 3.95 3.91 4.01 4.05
3.83 4.05 3.75 3.94 3.93 4.03 3.93 4.25 4.19 3.97
3.97 3.82 4.03 3.91
3.94
12.60 13.20 14.50 17.60 16.00 14.50 13.10 13.60 14.80 12.30
12.10 14.70 11.60 13.30 14.70 16.30 14.00 14.80 13.50 13.80
13.90 16.20 13.00 13.60
13.60
3.69 3.82 3.74 3.67 3.67 3.93 3.90 3.85 3.98 3.94
3.78 4.02 3.65 3.88 3.88 3.95 3.88 4.20 4.09 3.85
3.93 3.81 3.95 3.87
3.87
Prices Received for Milk Cows – States and United States: April 2020 with Comparisons [Animals sold for dairy herd replacement only. Quarterly United States milk cow prices are based on revised milk cow inventory]
State April 2019 January 2020 April 2020
(dollars per head) (dollars per head) (dollars per head)
Arizona ............................................... California ............................................ Colorado ............................................. Florida ................................................. Georgia ............................................... Idaho ................................................... Illinois .................................................. Indiana ................................................ Iowa .................................................... Kansas ............................................... Michigan ............................................. Minnesota ........................................... New Mexico ........................................ New York ............................................ Ohio .................................................... Oregon ............................................... Pennsylvania ...................................... South Dakota ..................................... Texas .................................................. Utah .................................................... Vermont .............................................. Virginia ............................................... Washington ........................................ Wisconsin ........................................... United States .....................................
1,300 1,100 1,200 1,200 1,200 1,200 1,170 1,100 1,090 1,300
1,180 1,060 1,200 1,090 1,000 1,200 1,090 1,170 1,250 1,100
1,120
980 1,150 1,130
1,140
1,450 1,400 1,300 1,350 1,310 1,350 1,260 1,220 1,200 1,400
1,260 1,140 1,400 1,190 1,200 1,300 1,210 1,280 1,400 1,250
1,290 1,160 1,250 1,260
1,300
1,350 1,300 1,250 1,310 1,310 1,250 1,200 1,220 1,170 1,350
1,300 1,100 1,350 1,190 1,170 1,150 1,170 1,230 1,350 1,150
1,300 1,160 1,200 1,250
1,250
Agricultural Prices (June 2020) 19 USDA, National Agricultural Statistics Service
Commodity Parity Prices and Price as Percent of Parity Price – United States: May 2020 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 February 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
Parity price Price as percent
of parity
May 2019
April 2020
May 2020
May 2019
April 2020
May 2020
(dollars) (dollars) (dollars) (dollars) (percent) (percent) (percent)
Basic commodities All wheat .......................................... bushel Rice ....................................................... cwt Corn ................................................. bushel Cotton Upland ......................................... pound American Pima ............................ pound Peanuts ............................................ pound Small chickpeas 1 ................................. cwt Large chickpeas 1 ................................. cwt Lentils 1 ................................................. cwt Designated non-basic All milk, to plants 2 ................................ cwt Honey, extracted 3 ........................... pound Wool and mohair Wool ................................................. pound Mohair .............................................. pound Other non-basic Apples, fresh 4 ................................. pound Barley ............................................... bushel Canola ................................................... cwt Cottonseed ............................................ ton Dry edible beans .................................. cwt Flaxseed .......................................... bushel Oats .................................................. bushel Potatoes, fresh ..................................... cwt Sorghum grain ...................................... cwt Soybeans ......................................... bushel Sunflower, all ........................................ cwt Citrus (equivalent on-tree) Grapefruit .............................................. box Lemons ................................................. box Oranges ................................................ box Livestock and poultry Beef cattle ............................................. cwt Broilers ............................................. pound Calves ................................................... cwt Eggs 2 ................................................ dozen Hogs ...................................................... cwt Turkeys, live .................................... pound
0.558 1.29
0.433
0.070 0.140 0.023 2.40 3.12 2.39
1.80 0.191
0.149 0.457
0.036 0.495 1.87
19.50 3.11 1.09
0.290 1.07
0.736 1.06 2.07
0.837 1.87
1.010
11.90 0.052 17.30 0.101 5.72
0.066
17.10 40.20 13.20
2.07 4.08
0.690 72.60 97.70 76.70
52.80 5.58
4.20 12.80
1.050 15.10 56.40
606.00 95.90 32.70 8.63
33.30 22.20 32.70 63.00
22.10 56.10 27.30
351.00 1.56
510.00 3.06
171.00 1.980
16.40 37.90 12.70
2.06 4.12
0.676 70.60 91.80 70.30
52.90 5.62
4.38 13.40
1.060 14.60 55.00
573.00 91.50 32.10 8.53
31.50 21.60 31.20 60.90
24.60 55.00 29.70
350.00 1.53
509.00 2.97
168.00 1.940
16.40 38.00 12.70
2.06 4.12
0.677 70.70 91.90 70.40
53.00 5.62
4.39 13.50
1.060 14.60 55.10
574.00 91.60 32.10 8.54
31.50 21.70 31.20 60.90
24.60 55.10 29.70
350.00 1.53
509.00 2.97
168.00 1.940
28 30 28
34 28 30 36 23 17
35 39
42 41
36 32 27 29 26 29 36 33 26 25 29
63 29 41
34 37 29 22 36 27
30 36 26
27 28 30 18 18 21
28 39
43 48
54 32 28 37 41 29 36 46 27 27 33
46 20 37
31 15 30 38 25 35
29 37 25
27 28 31 22 19 22
27 39
43 47
55 33 26 37 38 30 36 41 27 27 33
46 20 37
31 23 30 38 30 36
1 Parity prices began January 2015. 2 Seasonally adjusted price as percentage of parity price. 3 Wholesale extracted. Adjusted base price derived from state annual averages prices weighted by production. For 1982 through 1985 the national
averages are the support prices. 4 Equivalent packinghouse-door returns for California, New York, Oregon, and Washington. Price at point of first sale for other states.
20 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Commodity Parity Prices – United States: May 2020 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 February Agricultural Prices for details on adjusted base price and parity price computations]
Commodity and unit Adjusted
base price
Parity price
May 2019
April 2020
May 2020
(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 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 Non-citrus fruit Apples, processing 1 2 ........................................................... ton Apricots Fresh 3 ................................................................................ ton Dried (California) ............................................................... ton Avocados 2 3 ........................................................................... ton Cherries Sweet ................................................................................. ton Tart 2 .............................................................................. pound Cranberry 2 4 ......................................................................barrel Dates (California) 3 ................................................................ ton Grapes (California) Raisin variety 5 ................................................................... ton Wine, processing ............................................................... ton Kiwifruit 2 ................................................................................ ton Nectarines, fresh (California) 3 .............................................. ton Olives, canning (California) 4 ................................................ ton
0.422 3.15 2.64
0.628 2.19 1.75 2.01
0.187 0.257 0.184 0.173 0.229 0.201
20.30
128.00 313.00 198.00
210.00
0.030 3.55
184.00
147.00 75.90
105.00 78.50
111.00
12.20 98.90 81.20 18.80 67.20 51.90 62.10
5.55 7.61 5.43 5.13 6.84 5.88
606.00
3,630.00 9,380.00 6,000.00
6,450.00
0.959 116.00
4,770.00
4,410.00 2,160.00 3,150.00 2,190.00 3,180.00
12.40 92.60 77.60 18.50 64.40 51.50 59.10
5.50 7.56 5.41 5.09 6.73 5.91
597.00
3,760.00 9,210.00 5,820.00
6,180.00
0.882 104.00
5,410.00
4,320.00 2,230.00 3,090.00 2,310.00 3,260.00
12.40 92.70 77.70 18.50 64.50 51.50 59.20
5.51 7.57 5.42 5.09 6.74 5.92
598.00
3,770.00 9,210.00 5,830.00
6,180.00
0.883 105.00
5,420.00
4,330.00 2,230.00 3,090.00 2,310.00 3,270.00
See footnote(s) at end of table. --continued
Agricultural Prices (June 2020) 21 USDA, National Agricultural Statistics Service
Commodity Parity Prices – United States: May 2020 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 February Agricultural Prices for details on adjusted base price and parity price computations]
Commodity and unit Adjusted
base price
Parity price
May 2019
April 2020
May 2020
(dollars) (dollars) (dollars) (dollars)
Non-citrus fruit - continued Papayas (Hawaii) ............................................................. pound Peaches Fresh 4 6 ............................................................................. ton Dried (California) 1 5 .......................................................... ton Processing, excludes dried Clingstone (California) 4 .............................................. ton Pears, Fresh 6 ........................................................................ ton Plums (California) equivalent on-tree Fresh 7 ............................................................................... ton Prunes, dried (California) 1 2 5 ............................................... ton Strawberries Fresh 10 ......................................................................... pound Processing .................................................................... pound Sugar crops Sugarbeets 2 8 ................................................................... ton Sugarcane 2 8 .................................................................... ton Tree nuts 9 Almonds ............................................................................ pound Hazelnuts ............................................................................... ton Pistachios ......................................................................... pound Walnuts .................................................................................. ton Vegetables, fresh 10 Carrots 11 ................................................................................cwt Cauliflower 11 .........................................................................cwt Celery 11 .................................................................................cwt Honeydew melons .................................................................cwt Lettuce ...................................................................................cwt Onions 11 ................................................................................cwt Tomatoes ...............................................................................cwt
0.045
103.00
43.30
39.20
63.90
74.50 178.00
9.82 3.74
4.91 3.50
0.253 237.00
0.244 236.00
2.82 4.66 2.05 2.04 2.52 1.41 4.01
1.26
2,920.00 1,300.00
1,140.00
1,910.00
2,050.00 5,130.00
288.00 109.00
153.00 105.00
7.26 7,080.00
7.14 7,110.00
83.60 138.00
59.40 60.60 72.90 42.30
121.00
1.32
3,030.00 1,270.00
1,150.00
1,880.00
2,190.00 5,230.00
289.00 110.00
144.00 103.00
7.44 6,970.00
7.18 6,940.00
82.90 137.00
60.30 60.00 74.10 41.50
118.00
1.32
3,030.00 1,270.00
1,150.00
1,880.00
2,190.00 5,240.00
289.00 110.00
145.00 103.00
7.45 6,980.00
7.18 6,950.00
83.00 137.00
60.40 60.10 74.20 41.50
118.00 1 Equivalent returns at processing plant door. 2 Adjusted base price is carried forward from the previous year since current marketing year average price is not yet available. 3 Equivalent returns at packinghouse door. 4 Equivalent returns for bulk fruit at first delivery point. 5 Dried basis. 6 Equivalent packinghouse-door returns for California, New York (apples only), Oregon (except peaches), and Washington. Price at point of first sale
for other states. 7 Based on "as sold" prices for fresh fruit in all states. 8 Relates to prices including average conditional payments per ton made under the sugar acts of 1937 and 1948. Crop deficiency and abandonment
payments not included. 9 Prices In-Shell basis except almonds which are shelled basis. 10 FOB shipping point price. 11 Includes some processing.
22 Agricultural Prices (June 2020) 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
1,900 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 sales. 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 sales.
Recommendations are prepared by the Regional 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: In general, revisions are made during annual commodity market year estimation time, following five-year
Census revisions, or when later information is received. 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 non-sampling errors are attributed to
such things as the inability to obtain correct information, differences in interpreting questions or definit ions, mistakes in
coding or processing the data, etc. Efforts are made at each step in the survey process to minimize these non-sampling errors.
Program Changes: After the Council on Food, Agricultural and Resource Economics (C-FARE) 2009 program review which included changes in farm production practices, plans were implemented to make necessary program improvements in the
agricultural price program. The index group structure for prices received was modified to maintain a more universal structure
and consistency with the required 1910-1914 series.
Modifications implemented January 2014 include the following: updated the current 1990-1992 base reference period to 2011; linked the 1910-1914 series to the updated base reference period, 2011; created index groups used universally by
researchers, data users, and policymakers; and re-classified agricultural commodities into the index groups. Also the
modifications expanded the commodity coverage for vegetable, melon, non-citrus, and tree nuts; updated monthly market weights; and adjusted (normalized) current five year moving average cash receipts and farm input cost weights.
Modifications implemented January 2015 discontinued preliminary prices and replaced the annual average index with an
annual index.
The February 2016 program update changed the rounding of the 2011 base period indexes to nearest tenth of a percent. The 1910-1914 base period indexes remain rounded to the nearest whole number.
See Price Program Links at end of this report for program change details.
Agricultural Prices (June 2020) 23 USDA, National Agricultural Statistics Service
May Prices Paid by Farmers
The May Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 108.8, is up 0.1 percent from April 2020 but down 1.9 percent from May 2019.
Production: The May index, at 104.4, is up 0.1 percent from April but 3.2 percent lower than last year. Higher prices for feeder cattle, LP gas, nitrogen, and hay and forages more than offset lower prices for complete feeds, supplements, other
services, and feeder pigs.
Feed: At 101.9, the May index decreased 1.3 percent from April and 1.5 percent from last May. Since April, lower
prices for complete feeds, supplements, and feed grains more than offset higher prices for hay and forages and
concentrates.
Livestock and poultry: The May index, at 90.4, increased 1.7 percent from April but decreased 14 percent from
last year. Since April, higher prices for feeder cattle more than offset lower prices for feeder pigs. The May feeder cattle price, at $130.00 per cwt, is up $4.00 per cwt from April. Feeder pigs May price, at $45.00 per cwt, is down
$11.00 per cwt from last month.
Fertilizer: The index for May, at 73.8, is up 2.6 percent from April and 3.9 percent from May a year ago. Since
April, higher prices for nitrogen more than offset lower prices for mixed fertilizer.
Chemicals: The May index, at 94.6, is unchanged from April but down 7.7 percent from last May.
Fuels: At 65.8, the May index is up 3.6 percent from April but down 13 percent from May 2019. Compared with April, prices are higher for LP gas and gasoline but lower for diesel.
Machinery: The index for May, at 123.4, is unchanged from April but 0.4 percent below last May. Compared with last month, prices are unchanged for tractors, self-propelled machinery and other machinery.
Consumer Price Index: The May 2020 Consumer Price Index for All Urban Consumers (CPI-U), as issued by the Bureau of Labor Statistics, increased 0.1 percent over the last 12 months to an index level of 256.394 (1982-1984=100).
For the month, the index increased slightly prior to seasonal adjustment.
24 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Prices Paid Indexes and Related Parity Ratios – United States: May 2020 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov]
Index Group and
Ratios
1910-1914 Base 2011 Base
May 2019
April 2020
May 2020
May 2019
April 2020
May 2020
(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 ......................... Autos and trucks ................................ Machinery .......................................... Building materials .............................. Services and rent .............................. Services ............................................. Rent .................................................... Interest 1 ................................................. Taxes 2 ................................................... Wage rates ............................................. Family living-CPI 3 ................................. Production, interest, taxes, ........................ and wage rates (PITW) .........................
3001 2244 1140 2081 3800 854 921
2119 1350
3273 7574 2752 2475 (NA) (NA)
4205 7000 9414 2433
3113
2942 2171 1137 1755 3723 865 849
1775 1366
3261 7543 2767 2478 (NA) (NA)
4307 7095 9644 2436
3041
2944 2173 1123 1784 3723 889 849
1840 1367
3265 7541 2766 2470 (NA) (NA)
4307 7095 9644 2436
3044
110.9 107.8 103.4 105.4 115.6 71.0
102.5 75.7
114.5
106.5 123.9 118.3 (NA)
116.6 116.5
115.3 117.9 131.5 113.9
110.4
108.7 104.3 103.2 88.9
113.3 71.9 94.6 63.5
115.8
106.1 123.4 118.9 (NA)
116.0 117.8
118.1 119.5 134.7 114.0
107.9
108.8 104.4 101.9 90.4
113.3 73.8 94.6 65.8
115.9
106.2 123.4 118.9 (NA)
115.5 117.8
118.1 119.5 134.7 114.0
108.0
Ratio (received/paid) ................................. Parity ratio 4 ................................................ Parity ratio adjusted 5 ................................ PPITW adjusted for productivity 6 ..........................................
(NA) 32 34
1678
(NA) 30 31
1698
(NA) 31 32
1698
84 (NA) (NA)
(NA)
78 (NA) (NA)
(NA)
81 (NA) (NA)
(NA)
Crop sector (PPITW) ................................. Livestock sector (PPITW) ..........................
(NA) (NA)
(NA) (NA)
(NA) (NA)
111.7 110.0
110.7 106.6
110.9 106.6
Farm sector (production) ........................... Non-farm sector (production) ....................
(NA) (NA)
(NA) (NA)
(NA) (NA)
106.5 108.6
100.3 106.7
100.2 107.0
(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), 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 updated annually. 6 PPITW is adjusted based on productivity trend for the prior 15 years.
Agricultural Prices (June 2020) 25 USDA, National Agricultural Statistics Service
Prices Paid Indexes and Annual Weights for Input Components and Sub-components – United States: May 2020 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]
Index Group
Relative weights Indexes (2011=100)
2019 2020 May 2019
April 2020
May 2020
(percent) (percent) (percent) (percent) (percent)
Production items ....................................................... Feed ...................................................................... Feed grains ...................................................... Complete feeds ................................................ Hay and forages ............................................... Concentrates .................................................... Supplements .................................................... Livestock and poultry ........................................... Feeder cattle .................................................... Feeder pigs ...................................................... Milk cow replacements .................................... Poultry ............................................................... Seeds .................................................................... Field crops ........................................................ Grasses and legumes ...................................... Fertilizer ................................................................ Mixed fertilizer .................................................. Nitrogen ............................................................ Potash and phosphate ..................................... Chemicals ............................................................. Herbicides ......................................................... Insecticides ....................................................... Fungicides and other ....................................... Fuels ..................................................................... Diesel ................................................................ Gasoline ............................................................ LP gas ............................................................... Supplies and repairs ............................................ Supplies ............................................................ Repairs ............................................................. Autos and trucks ................................................... Autos ................................................................. Trucks ............................................................... Machinery ............................................................. Tractors ............................................................. Self-propelled ................................................... Other machinery ............................................... Building materials ................................................. Services ................................................................ Custom rates .................................................... Other services .................................................. Rent ....................................................................... Cash .................................................................. Share ................................................................ Interest ...................................................................... Taxes ........................................................................ Wage rates ............................................................... Family living-CPI ......................................................
73.2
12.8 1.8 6.3 1.6 2.0 1.1 8.8 6.8 0.7 0.7 0.5
5.4 4.9 0.5 5.0 2.2 2.1 0.7 3.6 2.2 0.8 0.5
2.8 1.8 0.6 0.5 4.6 1.5 3.1 1.3 0.2 1.1
5.3 1.2 2.1 2.0 4.1
11.7 1.2
10.5 7.8 4.2 3.6
2.6 3.2 7.2
13.9
72.9
13.3 1.9 6.5 1.7 2.1 1.1 9.2 7.2 0.7 0.7 0.6
5.1 4.6 0.5 5.1 2.2 2.1 0.7 3.5 2.2 0.8 0.5
3.2 2.0 0.7 0.5 4.6 1.5 3.0 1.2 0.2 1.1
4.7 1.0 1.9 1.8 4.0
11.9 1.2
10.7 7.1 3.8 3.3
2.6 3.1 7.4
14.0
107.8
103.4 61.2
106.1 120.5 113.7 115.1 105.4 102.8 150.7 80.3
113.1
115.6 114.0 131.8 71.0 71.5 72.5 64.4
102.5 103.3 101.5 100.6
75.7 73.5 81.5 77.0
114.5 115.3 114.0 106.5 100.9 107.3
123.9 109.8 128.8 127.0 118.3 116.6 118.4 116.4 116.5 123.3 108.6
115.3 117.9 131.5 113.9
104.3
103.2 56.6
110.4 103.4 116.5 114.7 88.9 92.2 40.0 88.0
113.1
113.3 112.0 125.4 71.9 71.7 73.5 67.4 94.6 96.2 89.1 96.3
63.5 60.9 57.6 80.2
115.8 116.7 115.3 106.1 100.6 106.9
123.4 112.0 126.3 127.0 118.9 116.0 118.4 115.8 117.8 124.7 109.7
118.1 119.5 134.7 114.0
104.4
101.9 55.6
108.6 105.0 117.2 108.7 90.4 94.9 32.1 88.0
113.1
113.3 112.0 125.4 73.8 71.6 78.3 67.4 94.6 96.2 89.1 96.3
65.8 58.4 58.3
102.3 115.9 116.6 115.5 106.2 100.7 107.1
123.4 112.0 126.3 127.0 118.9 115.5 118.4 115.1 117.8 124.7 109.7
118.1 119.5 134.7 114.0
26 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Feed Price Ratios – United States: May 2020 with Comparisons Feed price ratio 1 May 2019 April 2020 May 2020
Broiler-feed: pounds of broiler grower feed equal in value to 1 pound of broiler, live weight 2 .............................................................. Market egg feed: pounds of laying feed equal in value to 1 dozen eggs 3 ............................................................................................. Hog-corn: bushels of corn equal in value to 100 pounds of hog, live weight ................................................................................. Milk-feed: pounds of 16% mixed dairy feed equal in value to 1 pound of whole milk 4 ........................................................................... Steer & heifer-corn: bushels of corn equal in value to 100 pounds of steer & heifers, live weight .............................................................................................................. Turkey-feed: pounds of turkey grower equal in value to 1 pound of turkey, live weight 5 ...................................................................
6.1
2.3
17.2
2.10
33.6
6.1
2.4
10.1
12.9
1.84
33.7
7.9
3.8
6.3
15.9
1.77
34.7
8.3 1 Effective January 1995, prices of commercial prepared feeds are based on current United States prices received for corn, soybeans, alfalfa hay, and
all wheat. 2 The price of commercial prepared broiler feed is based on current United States prices received for corn and soybeans. The modeled feed uses 58
percent corn and 42 percent soybeans. 3 The price of commercial prepared layer feed is based on current United States prices received for corn and soybeans. The modeled feed uses 75
percent corn and 25 percent soybeans. 4 The price of commercial prepared dairy feed is based on current United States prices received for corn, soybeans, and alfalfa. The modeled feed
uses 51 percent corn, 8 percent soybeans, and 41 percent alfalfa. 5 The price of commercial prepared turkey feed is based on current United States prices received for corn, soybeans, and wheat. The modeled feed
uses 51 percent corn, 28 percent soybeans, and 21 percent wheat.
Prices Received Used to Calculate Feed Price Ratios – United States: May 2020 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agriculture Marketing Service]
Item May 2019 April 2020 May 2020
(dollars) (dollars) (dollars)
Broilers, live ............................................................................... pound Eggs, market ............................................................................. dozen Hogs, all .........................................................................................cwt Milk, all ............................................................................................cwt Steers and heifers ..........................................................................cwt Turkeys, live .............................................................................. pound Corn .......................................................................................... bushel Hay, alfalfa ..................................................................................... ton Soybeans ................................................................................. bushel Wheat, all ................................................................................. bushel
0.570 0.187
62.30 18.00
122.00
0.533
3.63 204.00
8.02 4.78
0.226 0.797
42.30 14.40
111.00
0.677
3.29 181.00
8.35 4.84
0.345 0.486
51.00 13.60
111.00
0.701
3.20 179.00
8.28 4.76
Prices Paid for Feeder Livestock – United States: May 2020 with Comparisons [Price data source is United States Department of Agriculture's Agriculture Marketing Service]
Item May 2019 April 2020 May 2020
(dollars) (dollars) (dollars)
Feeder cattle & calves ...................................................................cwt Feeder pigs ....................................................................................cwt
141.00 211.00
126.00 56.00
130.00 45.00
Agricultural Prices (June 2020) 27 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 at 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 non-probability 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 Regional 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 Stat istics
(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 non-sampling 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 non-sampling errors.
Program change: Effective January 2014, the National Agricultural Statistics Service modified the five-year moving weights and updated the base reference period. In January 2015, publication of preliminary prices was suspended, and the
annual average index was replaced by an annual index.
As of January 2014, the 1990-1992 base reference period was updated to 2011. Five-year moving average weights are
adjusted (normalized) to minimize the effects of price changes. The 1910-1914=100 price indexes, required by statute for
computing parity prices, were linked forward based on the changes in the new 2011=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.
Modifications implemented January 2015 discontinued preliminary prices and replaced the annual average index with an annual index.
The April 2015 program update discontinued publication of the annual March survey prices paid data.
The February 2016 program update changed the rounding of the 2011 base period indexes to nearest tenth of a percent.
The 1910-1914 base period indexes remain rounded to the nearest whole number.
See Price Program Links at end of this report for program change details.
28 Agricultural Prices (June 2020) USDA, National Agricultural Statistics Service
Information Contacts General Herman Ellison, Chief, Environmental, Economics, and Demographics Branch........................................... (202) 720-6146 Crop Prices Received Lance Honig, Chief, Crops Branch .............................................................................................................. (202) 720-2127 Chris Hawthorn, Head, Field Crops Section ................................................................................................. (202) 720-2127 Greg Lemmons – Corn, Flaxseed, Proso Millet .......................................................................................... (202) 720-9526 James Johanson – Barley, Hay .................................................................................................................... (202) 690-8533 Joshua Bates – Oats, Soybeans ................................................................................................................... (202) 690-3234 John Stephens – Peanuts, Rice .................................................................................................................... (202) 720-7688 Jean Porter – Rye, Wheat............................................................................................................................ (202) 720-8068 Chris Hawthorn – Cotton, Cotton Ginnings, Sorghum ................................................................................ (202) 720-2127 Travis Thorson – Canola, Mustard Seed, Rapeseed, Safflower, Sunflower ................................................. (202) 720-7369 Jorge Garcia-Pratts, Head, Fruits, Vegetables, and Special Crops Section .................................................... (202) 720-2127 Fleming Gibson – Almonds, Apples, Apricots, Asparagus, Carrots, Coffee, Onions, Plums, Prunes, Sweet Corn, Tobacco ................................................................................................................... (202) 720-5412 Fleming Gibson – Cauliflower, Celery, Grapefruit, Lemons, Macadamia, Mandarins and tangerines, Mushrooms, Olives, Oranges ............................................................... ……. (202) 720-5412
Heidi Lanouette – Cranberries, Cucumbers, Pistachios, Potatoes, Pumpkins, Raspberries,
Squash, Strawberries, Sugarbeets, Sugarcane, Sweet Potatoes, Tame Blueberries, Wild Blueberries……… ................................................................................................................ …….. (202) 720-4285
Dan Norris – Artichokes, Cantaloupes, Dry Edible Peas, Green Peas, Lentils,
Nectarines, Papayas, Peaches, Snap Beans, Spinach, Walnuts, Watermelon ................................. ......... (202) 720-3250 Krishna Rizal – Dry beans, Garlic, Hazelnuts, Honeydews, Kiwifruit, Lettuce, Maple Syrup, Mint, Pears, Sweet Cherries, Tart Cherries, Tomatoes .............................................................................. (202) 720-2157 Dawn Smoker – Avocados, Bell Peppers, Broccoli, Cabbage, Chickpeas, Chile Peppers, Dates,
Floriculture, Grapes, Hops, Pecans .............................................................................................. ……. (202) 720-4215 Livestock Prices Received Travis Averill, Chief, Livestock Branch ....................................................................................................... (202) 692-0069 Scott Hollis, Head, Livestock Section ........................................................................................................... (202) 690-2424 Holly Brenize – Sheep and Goats ............................................................................................................... (202) 720-0585 Ryan Cowen – Cattle and Cattle on Feed .................................................................................................... (202) 720-3040 Mike Miller – Milk, Milk Cows.................................................................................................................. (202) 720-3278 Seth Riggins – Hogs and Pigs ..................................................................................................................... (202) 720-3106 Tony Dorn, Head, Poultry and Specialty Commodities Section .................................................................... (202) 690-3223 Fatema Haque – Turkeys ............................................................................................................................ (202) 720-3244 Kim Linonis – Eggs .................................................................................................................................... (202) 690-3676 Adam Peters – Honey ................................................................................................................................. (202) 690-3237 Takiyah Walker - Broilers .......................................................................................................................... (202) 720-6147 Indexes, Prices Paid, and Parity Prices Herman Ellison, Chief, Environmental, Economics, and Demographics Branch........................................... (202) 720-6146 Bruce Boess, Head, Economics Section ........................................................................................................ (202) 720-4447 Eric Barnes – Prices Received Indexes, Parity Prices ................................................................................. (202) 690-3225 Kuan Chen – Prices Received Indexes, Parity Prices, Prices Paid Indexes, Prices Paid for Feed, Fertilizer, Chemicals, Seeds, Fuels, Farm Supplies and Repairs, Farm Machinery, Feeder Livestock, Poultry Chicks, Feed Price Ratios ............................................................................................................. (202) 690-3347 Max Reason – Prices Received Indexes, Parity Prices, Prices Paid Indexes................................................ (202) 720-8844
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Price Program Links Economics and Prices http://www.nass.usda.gov/Statistics_by_Subject/Economics_and_Prices/index.php
January 2014 Price Program Update http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/updates.pdf
January 2015 Price Program Update http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/update2015.pdf
April 2015 Price Program Update http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/updateApr2015.pdf
February 2016 Price Program Update http://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/updateFeb2016.pdf