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USDA Agricultural Prices


31 January 2014

USDA Agricultural Prices - 31 January 2014USDA Agricultural Prices - 31 January 2014


USDA Agricultural Prices

Prices Received by Farmers

The January All Farm Products Index is 98 percent of its 2011 base, down 2.0 percent from the December index and 12 percent below the January 2013 index.

All crops: The January index, at 89, decreased 2.2 percent from December and is 21 percent below January 2013. Index increases for fruit & tree nut production, and vegetable & melon production more than offset the index decreases for other crop production and grains & oilseeds.

Food grains: The January index, at 92, is 5.2 percent below the previous month and 16 percent below a year ago. The January price of all wheat, at $6.31 per bushel, is down 42 cents from December and $1.81 below January 2013.

Feed grains: The January index, at 73, is down 1.4 percent from last month and 37 percent below a year ago. The corn price, at $4.37 per bushel, is down 4 cents from last month and $2.59 below January 2013. Sorghum grain, at $7.42 per cwt, is 6 cents below December and $4.58 below January last year.

Oilseeds: The January index, at 103, is up 1.0 percent from December but 9.6 percent lower than January 2013. The soybean price, at $13.00 per bushel, is unchanged from December but is $1.30 below January 2013.

Fruits & nuts: The January index, at 111, is up 2.8 percent from December and 5.7 percent higher than a year ago. Price increases for grapefruit and oranges more than offset price decreases for lemons, tangelos, and tangerines.

Commercial vegetables: The January index, at 94, is up 2.2 percent from last month but 25 percent below January 2013. The all potato price, at $9.17 per cwt, is down 8 cents from last month and up $1.30 from a year ago.

Other Crops: The January index, at 95, is down 1.0 percent from December and 1.0 percent from a year earlier. The all hay price, at $165 per ton, is down $3.00 from December and $23.00 from last January. The price for upland cotton, 76 cents is 0.9 cents lower than last month but 3.1 cents higher than January 2013.

Livestock and products: The January index, at 115, is 1.8 percent above last month and up 5.5 percent from January 2013. Compared with a year ago, prices are higher for milk, cattle, calves, eggs, and turkeys. Prices for broilers and hogs are down from last year.

Meat animals: The January index, at 114, is up 3.6 percent from last month and 5.6 percent higher than last year. The January hog price, at $61.10 per cwt, is down 40 cents from December and $2.70 lower than a year ago. The January beef cattle price of $135 per cwt is up $5.00 from last month and $9.00 higher than January 2013.

Dairy products: The January index, at 115, is up 5.5 percent from a month ago and 16 percent higher than January last year. The January all milk price of $23.20 per cwt is up $1.20 from last month and up $3.30 from January 2013.

Poultry & eggs: The January index, at 120, is down 4.0 percent from December and 2.4 percent below a year ago. The January market egg price, at 90.6 cents per dozen, decreased 30.4 cents from December but is up 4.3 cents from January 2013. The January broiler price, at 58.0 cents per pound, is up 1.0 cent from December but 3.0 cents below a year ago. The January turkey price, at 64.7 cents per pound, is down 4.0 cents from the previous month but up 1.8 cents from a year earlier.

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