USDA Update: Prices Received By Farmers

USDA Update: Prices Received By Farmers

June 5, 2009


The preliminary United States All Farm Products Index of Prices Received by Farmers in May, at 131%, based on 1990-92 = 100, increased 2 points (1.6%) from April. The Crop Index is up 2 points (1.3%) but the Livestock Index was unchanged, according to a June 3 Nebraska Agri-Facts report from the USDA National Agricultural Statistics Service.

Producers received higher prices for broilers, soybeans, corn, and onions and lower prices for eggs, lettuce, tomatoes, and milk. In addition to prices, the overall index is also affected by the seasonal change based on a 3-year average mix of commodities producers sell. Increased monthly marketings of sweet corn, broilers, grapes, and cantaloupes offset decreased marketings of cattle, milk, corn, and apples.

The preliminary All Farm Products Index is down 21 points (14%) from May 2008. The Food Commodities Index, at 128, increased 1 point (0.8%) from last month but decreased 20 points (14%) from May 2008.

June 3 Nebraska Agri-Facts Report
USDA National Agricultural Statistics Service

Table 1. Prices Received: By Commodity, Nebraska and United States, Preliminary May 2009 with Comparisons
Commodity
Unit
Nebraska
United States
May
20081

April
20091
May 15,
2009
May
20081
April
20091
May 15,
2009
 
 
Dollars
Dollars
Wheat, All
Bushel
8.89
5.20
5.75
8.87
5.74
6.02
Corn
Bushel
5.13
3.78
4.00
5.27
3.85
4.08
Oats
Bushel
4.24
2.88
2.80
3.63
2.37
2.16
Grain Sorghum
Cwt
9.23
5.62
6.20
9.32
5.57
6.14
Soybeans
Bushel
12.50
9.65
10.90
12.10
9.79
10.80
Hay, All,
Baled Ton
90.00
82.00
81.00
168.00
129.00
131.00
Alfalfa, Baled
Ton
92.00
85.00
83.00
180.00
133.00
138.00
Other, Baled
Ton
81.00
71.00
74.00
135.00
117.00
113.00
Dry Edible Beans
Cwt
36.90
37.20
26.60
35.60
31.70
30.00
1 Entire month average except hay.
Source: USDA NASS Agricultural Prices May 29, 2009