Agricultural
Prices
National Agricultural Statistics Service
USDA
Washington, D.C.
Released February 28, 2007, by the National Agricultural Statistics
Service (NASS), Agricultural Statistics Board, U.S. Department of
Agriculture. For information on "Agricultural Prices" see
page 60, office hours 7:30 a.m. to 4:00 p.m. ET.
February Farm Prices Received Index Increased 3 Points From Last
Month
The preliminary All Farm Products Index of Prices Received by
Farmers in February, at 127 percent, based on 1990-92=100,
increased 3 points (2.4 percent) from January. The Crop Index is
up 6 points (4.6 percent) and the Livestock Index increased
3 points (2.6 percent). Producers received higher commodity prices
for corn, broilers, soybeans, and hogs. Lower prices were received
for broccoli, lettuce, eggs, and oranges. The overall index is
also affected by the seasonal change based on a 3-year average mix
of commodities producers sell. Increased average marketings of
dairy, cattle, broilers, and strawberries offset decreased
marketings of corn, soybeans, wheat, and cotton.
The preliminary All Farm Products Index is up 14 points
(12 percent) from February 2006. The Food Commodities Index, at
127, increased 3 points (2.4 percent) from last month and increased
11 points (9.5 percent) from February 2006.
Prices Paid Index Increased 1 Point
The February Index of Prices Paid for Commodities and Services,
Interest, Taxes, and Farm Wage Rates (PPITW) is 153 percent of the
1990-92 average. The index is up 1 point (0.7 percent) from
January and 6 points (4.1 percent) above February 2006. Higher
prices in February for complete feeds, feed grains, mixed
fertilizers, and LP gas more than offset lower prices for feed
concentrates, diesel fuel, herbicides, and tractors.
Index Summary Table
--------------------------------------------------
: 2006 : 2007
Index :--------------------------------------------------
1990-92=100 : Jan : Feb : Jan : Feb
--------------------------------------------------
:
Prices Received : 113 113 124 127
:
Prices Paid : 148 147 152 153
:
Ratio 1/ : 76 77 82 83
--------------------------------------------------
1/ Ratio of index of prices received by farmers to index of prices paid by
farmers.
Prices Received by Farmers
The February All Farm Products Index is 127 percent of its 1990-92
base, up 2.4 percent from the January index and 12 percent above
the February 2006 index.
ALL CROPS: The February index is 137, up 4.6 percent from January and 21 percent above February 2006. From January, index increases for oil-bearing crops, feed grains & hay, and fruits & nuts more
than offset the index decreases for vegetables and cotton.
Food Grains: The February index, at 153, is 1.3 percent above the
previous month and 26 percent above a year ago. The February all
wheat price, at $4.66 per bushel, is up 12 cents from January and
$1.00 above February 2006.
Feed Grains & Hay: The February index is 146, up 7.4 percent from
last month and 52 percent above a year ago. The corn price, at
$3.32 per bushel, is up 27 cents from last month and $1.30 from
February 2006. The all hay price, at $114 per ton, increased $2.00
from January and $18.20 from last February. Sorghum grain, at
$6.67 per cwt, is 36 cents above January and $3.27 above February
last year.
Oil-Bearing Crops: The February index, at 123, is up 7.9 percent
from January and 21 percent higher than February 2006. The soybean
price, at $6.83 per bushel, increased 45 cents from January and
$1.16 from February 2006.
Cotton: The February index, at 81, is down 1.2 percent from
January but unchanged from last year. The February price, at
48.9 cents per pound, is down 0.8 cent from the previous month but
unchanged from last February.
Potatoes & Dry Beans: The February index, at 125, is up
3.3 percent from last month and 1.6 percent above February 2006.
The all potato price, at $7.28 per cwt, is up 22 cents from January
and 52 cents from last February. The all dry bean price, at $23.80
per cwt, is up $1.10 from the previous month and $6.40 above
February 2006.
Fruits & Nuts: The February index, at 160, is up 6.7 percent from
January and 13 percent higher than a year ago. Price increases for
lemons and strawberries more than offset price decreases for
oranges and grapefruit.
Commercial Vegetables: The February index, at 165, is down
5.7 percent from last month but 32 percent above February 2006.
Price decreases during February for broccoli and lettuce more than
offset price increases for celery, tomatoes, and carrots.
LIVESTOCK & PRODUCTS: The February index, at 119, is 2.6 percent above last month and up 4.4 percent from February 2006. Compared with a year ago, prices are higher for broilers, milk, eggs, hogs,
and turkeys. Prices for cattle and calves are down from last year.
Meat Animals: The February index, at 114, is up 3.6 percent from
last month but 5.0 percent lower than last year. The February hog
price, at $46.60 per cwt, is up $3.90 from January and $4.00 higher
than a year ago. The February beef cattle price of $85.80 per cwt
is up $1.50 from last month but $6.60 lower than February 2006.
Dairy Products: The February index, at 113, is up 1.8 percent from
a month ago and 9.7 percent higher than February last year. The
February all milk price of $14.70 per cwt is up 20 cents from last
month and $1.20 from February 2006. The fluid grade milk price is
up 20 cents and the manufacturing grade milk price is up 50 cents
from the previous month.
Poultry & Eggs: The February index, at 139, is up 3.7 percent from
January and 28 percent above a year ago. The February market egg
price, at 62.7 cents per dozen, decreased 16.1 cents from January
but is up 32.6 cents from February 2006. The February broiler
price, at 47.0 cents per pound, is up 4.0 cents from January and
9.0 cents above a year ago. The February turkey price, at
43.2 cents per pound, is up 2.4 cents from the previous month and
3.6 cents from a year earlier.
Quelle: http://www.usda.gov/nass/PUBS/TODAYRPT/agpr0207.txt
Servus, J.B.
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"If any man seeks for greatness, let him forget greatness and ask for truth, and he will find both." (Horace Mann)
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