Rank in U.S. agriculture by selected commodities, 2006 Percent of Leading Rank Item Unit Quantity U.S. state Thousands Percent 1 Beans, dry, black Cwt 1,670 62.8 Michigan Beans, dry, cranberry Cwt 115 77.2 Michigan Beans, dry, small red Cwt 390 60.1 Michigan Blueberries Pounds 83,000 30.1 Michigan Cherries, tart Pounds 190,000 72.0 Michigan Cucumbers (for pickles) Tons 172.6 34.2 Michigan Flowering hanging baskets Number 5,674 18.4 Michigan Geraniums (seed and cuttings) Pots 23,982 35.4 Michigan Impatiens Flats 2,152 21.6 Michigan Petunias Flats 1,590 21.2 Michigan 2 Beans, dry, all Cwt 4,085 16.8 North Dakota Beans, dry, dark red kidney Cwt 42 5.1 Minnesota Beans, dry, light red kidney Cwt 175 23.6 Minnesota Beans, dry, navy Cwt 1,520 34.9 North Dakota Carrots (fresh market) Cwt 800 3.0 California Celery Cwt 900 5.0 California Hostas Pots 1,071 12.7 South Carolina Marigolds Flats 760 17.9 California Squash Cwt 1,764 18.6 Georgia 3 Apples Pounds 850,000 8.6 Washington Asparagus Cwt 257 20.8 California Grapes, Niagara Tons 8.1 15.3 Washington Other potted perennials Pots 15,125 10.8 California Vegetable type bedding plants Flats 648 13.3 Texas 4 Beans, snap (processing) Tons 66.0 8.4 Wisconsin Carrots (processing) Tons 39.1 9.0 California Cherries, sweet Tons 21.5 7.3 Washington Cucumbers (fresh market) Cwt 884 8.9 Georgia Grapes, Concord Tons 15.4 4.1 Washington Plums Tons 3.6 1.8 California Sugarbeets Tons 3,573 10.6 Minnesota 5 Grapes, all Tons 32.5 0.5 California Maple syrup Gallons 78 5.4 Vermont Pumpkins Cwt 855 8.4 Illinois 8 Milk Pounds 7,100,000 3.9 California 10 Potatoes Cwt 14,190 3.3 Idaho Wheat, winter Bushels 47,450 3.7 Kansas 11 Corn, for grain Bushels 288,120 2.7 Iowa 12 Soybeans Bushels 89,550 2.8 Iowa 13 Hogs, as of Dec. 1, 2006 Head 1,000 1.6 Iowa 16 Hay, all Tons 3,670 2.6 California 21 Cash receipts Dollars 4,487,765 1.9 California 30 Cattle, as of Jan. 1, 2007 Head 1,060 1.1 Texas Number of farms and land in farms by economic sales class, 2002-2006 1/ --------------------------------------------------------------------------------------------------------- : Economic sales class : : Average Year :---------------------------------------------------------------------: Total : size of : $1,000- : $10,000- : $100,000- : $250,000- : $500,000+ : : farm : $9,999 : $99,999 : $249,999 : $499,999 : : : --------------------------------------------------------------------------------------------------------- : ------------------------------- 1,000 farms ------------------------------- : 2002 : 31.7 15.1 3.2 1.8 1.5 53.3 2003 : 31.7 15.1 3.2 1.8 1.5 53.3 2004 : 31.4 15.0 3.1 1.9 1.8 53.2 2005 : 31.1 15.0 3.2 1.8 1.9 53.0 2006 : 31.1 14.8 3.3 1.8 2.0 53.0 : : ------------------------------ Million acres ------------------------------ Acres : 2002 : 1.99 2.66 1.63 1.59 2.22 10.09 189 2003 : 2.00 2.60 1.65 1.59 2.25 10.09 189 2004 : 1.90 2.60 1.60 1.60 2.40 10.10 190 2005 : 1.90 2.50 1.60 1.60 2.50 10.10 191 2006 : 1.85 2.40 1.60 1.60 2.65 10.10 191 --------------------------------------------------------------------------------------------------------- 1/ USDA estimates of farm number and land in farms are based on the definition "a farm is any establishment from which $1,000 or more of agricultural products were sold or would normally be sold during the year." Farm real estate: Values and cash rents, 2003-2007 --------------------------------------------------------------------------- : : Cropland : Pasture : Farm real :-------------------------------------------------- Year : estate average : Average value : Average cash : Average value : value per acre : per acre : rent per acre : per acre --------------------------------------------------------------------------- : Dollars : 2003 : 2,680 2,350 60 1,600 2004 : 2,920 2,550 62 1,800 2005 : 3,150 2,750 62 1,950 2006 : 3,500 3,000 65 2,150 2007 : 3,950 3,450 73 2,570 --------------------------------------------------------------------------- Farm Income Net farm income in 2006 rose 9 percent from last year to a record high $1.38 billion. That includes $248 million of government payments. The total agriculture output was $5.39 billion dollars, up 5 percent from 2005. Production expenses were $2.44 billion in 2006, down 3 percent from the previous year. Preliminary cash receipts from 2006 marketings of Michigan crops, livestock and livestock products totaled $4.49 billion, up 6 percent from 2005. Michigan ranked 21 nationally in total cash receipts. Crop receipts, at $2.83 billion, were up 14 percent from 2005. Increases were noted in the market value of field crops, fruit crops, and vegetables. Livestock cash receipts were down 4 percent from a year earlier to $1.65 billion. In 2006, the top ten Michigan commodities ranked by cash receipts were milk, floriculture and nursery, corn, soybeans, cattle and calves, hogs, wheat, blueberries, sugarbeets, and hay. Government payments, 2002-2006 1/ ---------------------------------------------------------------------------------------------------- Program : 2002 : 2003 : 2004 : 2005 : 2006 ---------------------------------------------------------------------------------------------------- : 1,000 dollars : Conservation programs : 28,459 32,084 32,595 41,846 51,279 Production flexibility contract payments: 60,211 -5,402 -104 -2 NA Direct payments : 1,707 122,094 89,513 89,782 85,951 Counter-cyclical payments : NA 6,150 5,805 70,996 72,304 Loan deficiency payments : 24,391 897 56,370 129,548 15,570 Miscellaneous programs : 8,492 118 2,001 7,100 1,891 Ad Hoc and emergency programs : 30,285 61,660 20,729 47,859 1,829 Milk income loss payments : 36,946 37,992 8,404 542 18,819 Total : 190,491 255,593 215,313 387,671 247,643 ---------------------------------------------------------------------------------------------------- 1/ Source: U.S. Department of Agriculture, Economic Research Service. Value added to the economy by the Michigan agricultural sector 2002-2006 1/ ------------------------------------------------------------------------------------------------------------------------------------ Item 2/ : 2002 : 2003 : 2004 : 2005 : 2006 ------------------------------------------------------------------------------------------------------------------------------------ : Million dollars : Value of crop production : 2,270.6 2,387.7 2,675.9 2,498.5 2,881.1 Food grains : 94.4 139.0 118.5 117.0 141.8 Feed crops : 438.1 500.6 507.3 469.9 664.2 Oil crops : 364.0 421.0 377.5 433.1 454.9 Fruits and tree nuts : 156.0 250.9 292.8 277.0 333.0 Vegetables, potatoes, dry beans : 400.1 420.2 437.9 399.9 440.4 All other crops : 732.2 732.1 783.5 799.1 799.1 Home consumption : 6.3 3.9 1.8 2.6 1.3 Value of inventory adjustment 3/ : 79.6 -80.0 156.7 -0.2 46.4 Value of livestock production : 1,286.2 1,452.7 1,750.0 1,773.6 1,705.6 Meat animals : 371.7 385.1 522.5 511.5 502.2 Dairy products : 733.3 795.7 1,022.8 1,031.0 936.3 Poultry and eggs : 133.3 170.3 174.5 136.3 165.3 Miscellaneous livestock : 51.7 50.8 49.4 49.0 50.6 Home consumption : 2.3 6.3 11.4 8.9 9.8 Value of inventory adjustment 3/ : -6.1 44.7 -30.6 36.8 41.4 Revenues from services and forestry : 635.1 695.3 776.4 841.8 802.1 Machine hire and custom work : 35.8 29.9 29.7 50.8 29.8 Forest products sold : 11.9 11.9 11.9 11.9 11.9 Other farm income : 123.8 172.3 210.5 216.7 166.3 Gross imputed rental value-farm dwellings : 463.5 481.1 524.3 562.4 594.1 Value of agricultural sector production : 4,191.9 4,535.7 5,202.3 5,113.8 5,388.8 less: Purchased inputs : 2,304.6 2,485.8 2,495.5 2,519.3 2,443.8 Farm origin : 708.0 781.5 771.8 781.3 800.5 Feed purchased : 344.2 411.6 426.9 405.0 429.8 Livestock and poultry purchased : 42.0 40.7 53.2 65.8 69.7 Seed purchased : 321.9 329.3 291.7 310.5 301.1 Manufactured inputs : 680.8 713.5 743.5 774.8 794.8 Fertilizers and lime : 232.6 251.8 291.5 308.5 304.1 Pesticides : 225.3 236.9 217.6 198.2 198.2 Petroleum fuel and oils : 149.9 170.5 167.6 210.9 234.0 Electricity : 73.0 54.3 66.9 57.2 58.5 Other purchased inputs : 915.8 990.7 980.2 963.1 848.5 Repair and maintenance of capital items : 297.8 279.1 280.1 259.0 288.5 Machine hire and custom work : 72.5 51.8 55.8 74.8 62.5 Marketing, storage, and transp. expenses : 120.3 82.9 129.6 170.6 154.2 Contract labor : 20.0 32.5 31.3 16.3 8.9 Miscellaneous expenses : 405.2 544.4 483.3 442.4 334.4 plus: Net government transactions : -45.8 21.6 11.3 170.0 2.4 plus: Direct Government payments : 190.5 255.6 215.3 387.7 247.6 less: Motor vehicle reg. and licensing fees : 8.7 7.4 7.9 8.5 10.0 less: Property taxes : 227.6 226.6 196.1 209.2 235.3 Gross value added : 1,841.5 2,071.5 2,718.2 2,764.6 2,947.3 less: Capital consumption : 614.0 635.6 675.4 720.0 754.0 Net value added : 1,227.5 1,435.9 2,042.7 2,044.6 2,193.4 less: Payments to stakeholders : 828.4 686.5 738.0 779.8 816.2 Employee compensation (total hired labor) : 573.8 462.9 544.2 478.9 500.8 Net rent received by nonoperator landlords : 26.1 19.3 -7.9 70.7 54.3 Real estate and nonreal estate interest : 228.6 204.3 201.7 230.2 261.1 Net farm income : 399.0 749.4 1,304.7 1,264.8 1,377.1 ------------------------------------------------------------------------------------------------------------------------------------ 1/ Source: U.S. Department of Agriculture, Economic Research Service. 2/ Value of agricultural sector production is the gross value of the commodities and services produced within a year. Net value-added is the sector's contribution to the National economy and is the sum of the income from production earned by all factors-of-production, regardless of ownership. Net farm income is the farm operator's share of income from the sector's production activities. The concept presented is consistent with that employed by the Organization for Economic Cooperation and Development. 3/ A positive value of inventory change represents current-year production not sold by December 31. A negative value is an offset to production from prior years included in current-year sales. Cash receipts by commodity groups and selected commodities 2002-2006 1/ --------------------------------------------------------------------------------------------------------- Item : 2002 : 2003 : 2004 : 2005 : 2006 --------------------------------------------------------------------------------------------------------- : 1,000 dollars : Total cash receipts : 3,474,709 3,865,550 4,286,694 4,224,000 4,487,765 : Total livestock and products: 1,289,953 1,401,811 1,769,215 1,727,877 1,654,370 : Meat animals : 371,705 385,053 522,510 511,508 502,151 Cattle and calves : 204,587 207,722 282,708 277,781 294,626 Hogs : 164,324 173,671 236,002 229,852 204,514 Sheep and lambs : 2,794 3,660 3,800 3,875 3,011 : Dairy (milk) : 733,260 795,690 1,022,825 1,031,030 936,320 : Poultry and eggs : 133,282 170,298 174,472 136,327 165,273 Eggs : 63,237 93,613 94,313 61,870 73,097 Turkeys : 62,832 68,760 69,560 67,500 82,156 Other : 7,213 7,925 10,599 6,957 10,020 : Miscellaneous livestock : 51,706 50,770 49,408 49,012 50,626 Honey : 7,762 6,782 4,965 4,243 5,069 Mink pelts : 1,809 1,744 2,045 2,379 3,075 Trout : 663 691 790 793 783 Other : 41,472 41,553 41,608 41,597 41,699 : Total crops : 2,184,756 2,463,739 2,517,479 2,496,123 2,833,395 : Field crops : 1,093,882 1,277,977 1,185,567 1,242,261 1,491,573 Corn : 383,009 437,210 445,751 371,784 552,798 Dry beans : 49,450 63,264 60,779 75,979 78,519 Hay : 50,337 58,269 57,800 93,415 106,925 Soybeans : 363,489 420,346 376,716 432,343 453,919 Sugarbeets : 122,393 124,780 90,790 111,387 111,387 Wheat : 93,871 138,470 117,925 116,029 140,765 Other : 31,333 35,638 35,806 41,324 47,260 : Vegetables : 350,636 356,908 377,137 323,881 361,882 Asparagus : 11,703 19,278 17,468 12,006 14,866 Beans, snap : 16,321 11,208 18,660 23,135 17,723 Carrots : 19,934 21,907 17,899 18,666 17,293 Celery : 14,441 17,641 15,215 10,493 19,920 Corn, sweet : 16,800 14,193 13,904 16,000 16,434 Cucumbers, fresh : 20,520 20,890 22,274 14,976 16,354 Cucumbers, pickles : 30,153 36,180 35,363 26,611 33,492 Onions : 9,851 11,065 10,518 8,128 7,699 Peppers, green, fresh : 9,600 9,900 13,572 9,016 9,126 Potatoes : 93,143 87,400 93,739 87,590 99,122 Pumpkins : 13,056 14,308 13,104 9,048 9,405 Squash : 22,365 15,314 16,240 16,337 14,994 Tomatoes, fresh : 12,810 16,456 26,208 16,720 23,000 Tomatoes, processing : 10,458 10,408 8,789 2/ 10,049 Other : 49,481 50,760 54,184 55,155 52,405 : Fruit : 156,030 250,887 292,751 277,014 333,009 Apples : 68,008 79,303 96,272 90,298 105,116 Blueberries : 52,240 63,105 97,210 83,500 139,747 Grapes : 14,760 21,086 13,690 21,518 9,658 Peaches : 4,452 7,790 10,274 7,982 13,066 Strawberries : 5,228 6,320 4,005 4,878 6,285 Sweet cherries : 2,222 10,795 16,311 16,732 18,992 Tart cherries : 7,192 57,938 49,861 47,555 34,697 Other : 1,928 4,550 5,128 4,551 5,448 : Miscellaneous crops : 21,430 20,413 13,869 4,065 4,538 : Floriculture and nursery : 562,778 557,554 648,155 648,902 642,393 --------------------------------------------------------------------------------------------------------- 1/ Source: U.S. Department of Agriculture, Economic Research Service. 2/ Not published to avoid disclosure of individual operations. Soybean production costs and returns, excluding direct Government payments, 2004-2005 ----------------------------------------------------------------------------------------------------------------------------- : United States : Northern Crescent 1/ :------------------------------------------------------------------------------- Item : 2004 : 2005 : 2004 : 2005 ----------------------------------------------------------------------------------------------------------------------------- : Dollars per : planted acre : : : Gross value of production : 253.46 264.57 213.54 248.25 : Operating costs: : Seed : 29.71 32.62 29.56 31.69 Fertilizer : 8.09 10.06 12.15 15.28 Soil conditioners : 0.13 0.13 0.26 0.27 Manure : 0.48 0.60 1.87 2.30 Chemicals : 16.07 13.59 16.73 13.64 Custom operations : 6.38 6.67 9.36 9.81 Fuel, lube, and electricity : 9.44 13.62 10.73 15.10 Repairs : 10.70 11.29 11.83 12.82 Purchased irrigation water : 0.13 0.13 0.00 0.00 Interest on operating capital : 0.64 1.50 0.73 1.70 Total, operating costs : 81.77 90.21 93.22 102.61 : Allocated overhead: : Hired labor : 2.04 2.03 3.28 3.30 Opportunity cost of unpaid labor : 16.12 16.77 21.67 22.25 Capital recovery of machinery and equipment: 47.49 50.17 51.46 55.80 Opportunity cost of land (rental rate) : 83.88 86.68 71.37 71.96 Taxes and insurance : 5.85 6.06 7.45 7.75 General farm overhead : 11.86 12.47 14.31 15.06 Total, allocated overhead : 167.24 174.18 169.54 176.12 : Total, costs listed : 249.01 264.39 262.76 278.73 : Value of production less total costs listed : 4.45 0.18 -49.22 -30.48 Value of production less operating costs : 171.69 174.36 120.32 145.64 : Supporting information: : Yield (bushels per planted acre) : 45 47 38 43 Price (dollars per bushel at harvest) : 5.60 5.68 5.59 5.72 Enterprise size (planted acres) 2/ : 268 268 135 135 Production practices: 2/ : Irrigated (percent) : 9 9 3 3 Dryland (percent) : 91 91 97 97 ----------------------------------------------------------------------------------------------------------------------------- 1/ Includes NE Minnesota, Wisconsin, Michigan, NE Ohio, Pennsylvania, New York, and New England. 2/ Developed from survey base year, 2002. Livestock and products: Marketing year average prices received by farmers, 2002-2006 -------------------------------------------------------------------------------------------------------------------- : : : :Steers and : : : : All milk : Year : All hogs : All beef : Cows : heifers : Milk cows : Calves :Market eggs: wholesale :Turkeys per : per cwt :per cwt 1/ :per cwt 2/ : per cwt :per head 3/: per cwt : per dozen : per cwt : pound 4/ -------------------------------------------------------------------------------------------------------------------- : Dollars : 2002 : 30.70 54.20 39.00 60.50 1,580 104.00 0.402 12.10 0.35 2003 : 35.00 63.00 41.60 72.00 1,370 92.50 0.595 12.60 0.36 2004 : 45.90 68.70 50.40 76.60 1,640 109.00 0.562 16.30 0.37 2005 : 46.70 73.20 52.10 82.20 1,840 132.00 0.346 15.40 0.40 2006 : 42.00 71.90 49.10 81.60 1,930 134.00 0.366 13.30 0.47 -------------------------------------------------------------------------------------------------------------------- 1/ Combined price for "Cows" and "Steers and Heifers." 2/ Beef cows and cull dairy cows sold for slaughter. 3/ Sold for dairy herd replacement only. Prices published January, April, July, and October. 4/ Data not available prior to 1999. Livestock and products: Monthly prices received by farmers, 2006-2007 ------------------------------------------------------------------------------------------------------ : : : Steers and : : : : All milk Month :Beef cattle : Cows : heifers : Milk cows : Calves :Market eggs : wholesale : per cwt 1/ : per cwt 2/ : per cwt :per head 3/ : per cwt : per dozen : per cwt ------------------------------------------------------------------------------------------------------ : Dollars 2006 : January : 75.90 50.00 87.00 2,000 138.00 0.360 14.90 February : 74.50 50.00 85.00 140.00 0.280 14.20 March : 73.40 51.00 83.00 140.00 0.460 13.30 April : 71.30 51.00 80.00 2,000 140.00 0.270 12.40 May : 70.30 50.00 79.00 138.00 0.220 12.20 June : 71.00 50.00 80.00 134.00 0.360 12.20 July : 71.60 49.50 81.00 1,900 134.00 0.250 12.20 August : 71.90 49.50 81.50 134.00 0.350 12.40 September: 73.30 49.50 83.50 134.00 0.320 13.20 October : 72.50 49.00 82.50 1,800 132.00 0.330 14.00 November : 70.30 46.50 80.50 126.00 0.620 14.30 December : 68.30 44.50 78.50 120.00 0.600 14.50 : 2007 : January : 69.40 44.50 80.00 1,800 114.00 0.770 15.00 February : 71.80 48.00 82.00 114.00 0.630 15.30 March : 76.00 49.00 87.50 114.00 0.640 16.00 April : 78.70 50.00 91.00 1,800 120.00 0.540 16.90 May : 80.70 52.00 93.00 125.00 0.590 18.20 June : 78.30 51.00 90.00 125.00 0.480 20.40 July : 75.50 51.00 86.00 1,950 122.00 0.800 22.50 August : September: October : November : December : ------------------------------------------------------------------------------------------------------ 1/ Combined price for "Cows" and "Steers and Heifers." 2/ Beef cows and cull dairy cows sold for slaughter. 3/ Sold for dairy herd replacement only. Prices published January, April, July, and October. Dry edible beans: Percent of sales by month, 2001-2006 ------------------------------------------------------ Month :2001-02 :2002-03 :2003-04 :2004-05 :2005-06 ------------------------------------------------------ : Percent : September: 5 12 25 31 23 October : 13 27 14 20 29 November : 23 16 18 4 6 December : 18 4 8 5 6 January : 11 4 4 3 5 February : 9 2 4 5 3 March : 7 8 6 5 3 April : 4 2 3 3 1 May : 2 10 1 2 June : 2 3 3 2 7 July : 1 4 3 2 1 August : 5 18 2 19 14 ------------------------------------------------------ Corn: Percent of sales by month, 2001-2006 ------------------------------------------------------ Month :2001-02 :2002-03 :2003-04 :2004-05 :2005-06 ------------------------------------------------------ : Percent October : 9 15 7 11 17 November : 27 23 20 21 13 December : 8 10 21 12 9 January : 10 14 13 11 11 February : 4 8 8 7 8 March : 3 6 6 5 6 April : 5 6 5 4 8 May : 3 6 3 5 6 June : 5 3 5 7 5 July : 10 4 4 6 5 August : 9 3 4 6 6 September: 7 2 4 5 6 ------------------------------------------------------ Hay: Percent of sales by month, 2001-2006 ------------------------------------------------------ Month :2001-02 :2002-03 :2003-04 :2004-05 :2005-06 ------------------------------------------------------ : Percent : June : 18 16 13 14 14 July : 17 13 12 12 15 August : 16 8 11 9 13 September: 6 5 8 6 13 October : 6 7 7 6 13 November : 7 8 8 8 5 December : 6 11 8 9 5 January : 6 9 8 10 5 February : 6 9 8 9 5 March : 4 6 7 7 4 April : 4 5 6 6 4 May : 4 3 4 4 4 ------------------------------------------------------ Oats: Percent of sales by month, 2001-2006 ------------------------------------------------------ Month :2001-02 :2002-03 :2003-04 :2004-05 :2005-06 ------------------------------------------------------ : Percent : July : 19 16 9 2 26 August : 19 50 55 28 40 September: 4 7 8 32 3 October : 3 5 6 3 2 November : 2 1 2 2 2 December : 6 2 2 4 3 January : 5 2 2 3 5 February : 2 1 2 4 7 March : 28 5 5 4 6 April : 2 4 5 5 3 May : 6 6 1 4 1 June : 4 1 3 9 2 ------------------------------------------------------ Soybeans: Percent of sales by month, 2001-2006 ------------------------------------------------------ Month :2001-02 :2002-03 :2003-04 :2004-05 :2005-06 ------------------------------------------------------ : Percent September: 2 5 3 5 13 October : 25 30 40 20 28 November : 20 9 7 16 5 December : 6 9 11 7 7 January : 9 10 11 7 9 February : 4 9 6 10 5 March : 6 5 6 8 6 April : 2 7 4 5 6 May : 2 5 2 5 7 June : 7 6 3 11 4 July : 9 3 5 3 5 August : 8 2 2 3 5 ------------------------------------------------------ Wheat: Percent of sales by month, 2001-2006 ------------------------------------------------------ Month :2001-02 :2002-03 :2003-04 :2004-05 :2005-06 ------------------------------------------------------ : Percent July : 50 49 42 41 48 August : 18 19 33 18 19 September: 7 8 5 10 8 October : 4 6 3 4 3 November : 2 1 3 4 2 December : 4 1 3 3 3 January : 4 4 5 4 4 February : 3 2 3 8 5 March : 1 1 3 4 4 April : 4 2 2 1 May : 1 2 1 2 June : 2 5 1 1 ------------------------------------------------------ Crops: Marketing year average prices received by farmers, 2001-2005 1/ ----------------------------------------------------------------------------------------------------------------------- : : Winter : : : Dry : Navy : Fall : All : Alfalfa Marketing : Corn : wheat : Oats : Soybeans : beans : beans : potatoes : hay : hay year :per bushel :per bushel :per bushel :per bushel : per cwt : per cwt : per cwt : per ton : per ton ----------------------------------------------------------------------------------------------------------------------- : Dollars : 2001 : 2.34 3.28 1.80 5.62 15.30 NA 7.80 84.50 86.50 2002 : 2.37 3.25 1.65 7.30 19.30 NA 7.05 93.00 97.00 2003 : 1.97 3.01 1.72 5.72 22.50 NA 6.95 94.50 97.50 2004 : 1.88 3.13 1.89 5.73 19.60 NA 7.90 90.00 92.00 2005 : 3.20 3.40 1.85 6.10 19.20 NA 8.45 93.50 97.00 ----------------------------------------------------------------------------------------------------------------------- 1/ Marketing year average prices received by farmers are based on monthly prices weighted by monthly marketings during specific periods. Prices do not include allowance for CCC loans outstanding, purchases by the government, or deficiency payments. Crops: Monthly prices received by farmers, 2005-2006 marketing years ----------------------------------------------------------------------------------------------------------------------- 2005-2006 : : Winter : : : Dry : Navy : Fall : All : Alfalfa Marketing : Corn : wheat : Oats : Soybeans : beans : beans : potatoes : hay : hay years :per bushel :per bushel :per bushel :per bushel : per cwt : per cwt : per cwt : per ton : per ton ----------------------------------------------------------------------------------------------------------------------- : Dollars 2005 : June : 83.00 85.00 July : 3.18 2.06 8.30 79.00 80.00 August : 3.06 1.75 6.10 88.00 90.00 September: 2.94 1.81 5.81 19.30 19.50 5.80 93.00 95.00 October : 1.71 2.99 1.88 5.78 19.10 19.20 6.90 93.00 95.00 November : 1.62 2.91 1.81 5.62 18.60 18.60 7.40 92.00 95.00 December : 1.66 3.00 2.12 5.67 20.30 18.50 7.90 91.00 95.00 2006 : January : 1.85 3.12 1.82 5.93 19.70 18.40 8.50 95.00 100.00 February : 1.93 3.24 1.89 5.81 20.00 19.10 8.80 102.00 105.00 March : 1.95 3.39 1.93 5.62 22.10 19.10 9.00 101.00 105.00 April : 2.04 3.23 2.01 5.64 21.90 19.20 10.50 101.00 105.00 May : 2.16 3.39 2.00 5.72 20.80 19.00 11.10 97.00 100.00 June : 2.11 3.14 1.87 5.70 19.60 18.70 1/ July : 2.18 5.65 21.70 19.90 August : 2.05 5.40 20.00 19.70 September: 2.05 : 2006 : June : 89.00 95.00 July : 3.29 1.83 10.10 84.00 90.00 August : 3.11 1.70 7.10 83.00 85.00 September: 3.23 1.68 5.32 19.20 18.20 7.05 93.00 95.00 October : 2.42 3.76 1.88 5.47 18.80 17.80 6.85 98.00 100.00 November : 2.76 4.06 2.26 5.97 19.70 17.90 8.05 97.00 100.00 December : 3.00 4.22 1.99 6.09 20.10 17.70 8.45 101.00 105.00 2007 : January : 3.27 3.81 1.94 6.29 20.80 19.40 8.75 104.00 110.00 February : 3.42 3.78 2.43 6.81 24.90 21.10 8.95 106.00 110.00 March : 3.37 3.72 2.59 6.67 24.20 21.20 9.45 106.00 110.00 April : 3.35 3.94 2.49 6.77 24.60 23.00 10.00 101.00 105.00 May : 3.48 4.02 2.61 7.13 24.30 23.50 10.20 101.00 105.00 June : 3.75 4.41 2.67 7.45 24.00 23.80 1/ July : 3.38 7.56 28.10 24.40 August : September: ----------------------------------------------------------------------------------------------------------------------- 1/ Insufficient sales to establish a price. Prices paid by farmers, 2003-2007 1/ ---------------------------------------------------------------------------------------------------------------- Item : Unit : 2003 : 2004 : 2005 : 2006 : 2007 ---------------------------------------------------------------------------------------------------------------- : : Dollars : : Dairy feed, 16% protein 2/ :Ton : 190 216 188 216 241 Hog concentrate, 38-42% protein 2/ :Ton : 313 393 332 342 366 Soybean meal, 44% protein 2/ :Cwt : 11.70 17.40 11.90 13.10 14.40 Gasoline, unleaded, bulk 2/ :Gallon: 1.64 1.76 2.21 2.59 2.62 Diesel fuel 2/ :Gallon: 1.28 1.32 1.97 2.29 2.47 Tractor, 110-129 hp 3/ :Each : 63,800 65,700 68,500 70,900 74,000 Tractor, 200-280 hp, 4-wd 3/ :Each : 133,000 141,000 142,000 150,000 154,000 Planter, row crop, 8-row 3/ :Each : 30,000 32,000 31,400 34,100 33,500 Grain drill, press, 23-25 openers 3/ :Each : 20,300 22,600 25,200 25,200 26,100 Combine, self-prop. w/ grain head, large cap. 3/ :Each : 159,000 180,000 192,000 201,000 213,000 Ammonium nitrate 4/ :Ton : 224 243 269 427 364 Muriate of potash 60-62% K2O 4/ :Ton : 162 178 242 271 277 Superphosphate, 44-46% P2O5 4/ :Ton : 238 261 295 315 409 Anhydrous ammonia 4/ :Ton : 368 387 429 543 536 Atrazine, 4#/gallon 3/ :Gallon: 12.30 12.20 12.40 12.10 12.20 Roundup, 4#/gallon EC 3/ :Gallon: 43.30 39.70 33.80 29.30 28.90 Harness, Surpass, 6.4-7#/gallon EC 3/ :Gallon: 68.20 71.40 67.60 68.90 69.20 Dual, 8#/gallon EC 3/ :Gallon: 104.00 106.00 108.00 107.00 5/ Captan, 50% WP 3/ :Pound : 3.50 3.52 3.65 3.87 4.59 Ziram, 76% WP 3/ :Pound : 2.70 2.67 2.86 2.88 3.08 Guthion, 50% WP 3/ :Pound : 10.60 10.70 10.80 11.40 11.70 Imidan, Prolate, 50% WP 3/ :Pound : 7.40 7.45 8.32 8.44 9.05 ---------------------------------------------------------------------------------------------------------------- EC=Emulsifiable concentrate. WP=Wettable powder. 1/ Regional and U.S. data only. 2/ Lake States region: Michigan, Minnesota, and Wisconsin. 3/ United States. 4/ North Central region: Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio, and Wisconsin. 5/ Discontinued in 2007. Farm production expenses, 2002-2006 -------------------------------------------------------------------------------------------------------------- Item : 2002 : 2003 : 2004 : 2005 : 2006 -------------------------------------------------------------------------------------------------------------- : Million dollars Feed purchased : 344.2 411.6 426.9 405.0 429.8 Livestock and poultry purchased : 42.0 40.5 53.2 65.8 69.7 Seed purchased : 321.9 329.3 291.7 310.5 301.1 Fertilizers and lime : 232.6 251.8 291.5 308.5 304.1 Pesticides : 225.3 236.9 217.6 198.2 198.2 Petroleum fuel and oils : 149.9 170.5 167.6 210.9 234.0 Electricity : 73.0 54.3 66.9 57.2 58.5 Repair and maintenance of capital items : 297.8 279.1 280.1 259.0 288.5 Machine hire and custom work : 72.5 39.3 55.7 74.8 62.5 Contract and hired labor expenses : 593.7 507.8 575.6 495.2 507.6 Marketing, storage, and transportation expenses : 120.3 82.9 129.6 170.6 106.3 Capital consumption : 614.0 635.6 675.6 719.8 754.0 Real estate and nonreal estate interest : 228.6 204.3 201.7 230.2 261.1 Property taxes : 227.6 226.6 196.1 209.2 235.3 Net rent received by nonoperator landlords : 23.8 14.3 -13.8 66.6 51.3 Miscellaneous expenses : 405.2 548.7 470.2 442.4 443.4 Total production expenses : 3,972.4 4,033.6 4,085.9 4,223.9 4,305.2 -------------------------------------------------------------------------------------------------------------- Farm Labor Hired farm workers: Annual average wage rates, 2002-2006 ---------------------------------------------------------------- Year : All hired : Field : Field and : workers : workers :livestock workers ---------------------------------------------------------------- : Dollars per hour 2002 : 9.62 8.62 8.66 2003 : 9.74 8.42 8.86 2004 : 9.40 8.32 8.65 2005 : 9.79 8.57 8.89 2006 : 9.95 9.20 9.22 ---------------------------------------------------------------- Agricultural Exports Michigan ranked nineteenth in agricultural exports for fiscal year 2006. The table below shows the value of agricultural exports by commodity group. The data are calculated annually by commodity based on each State's share of the U.S. agricultural production. The top five commodities accounted for approximately 74 percent of the State's agricultural exports. The total value of agricultural exports from Michigan in 2006 was estimated at $1.2 billion. Michigan agricultural exports: Fiscal year 2006 1/ -------------------------------------------------------------------------------------------- Commodity : Value :Percent of total: Rank in U.S. -------------------------------------------------------------------------------------------- :Million dollars Percent Number : Soybeans and products : 233.0 20.1 12 Feed grains and products : 216.6 18.6 12 Other 2/ : 201.1 17.3 12 Vegetables and preparations : 114.3 9.8 8 Fruits and preparations : 97.6 8.4 5 Dairy products : 70.9 6.1 9 Wheat and products : 66.0 5.7 25 Live animals and meat, excluding poultry : 50.3 4.3 20 Hides and skins : 33.5 2.9 13 Feeds and fodders : 30.0 2.6 23 Seeds : 23.0 2.0 10 Poultry and products : 17.7 1.5 25 Fats, oils, and greases : 7.2 0.6 11 Total : 1,161.2 19 -------------------------------------------------------------------------------------------- 1/ Source: U.S. Department of Agriculture, Economic Research Service, www.ers.usda.gov/data/fatus. 2/ Sugar and tropical products, minor oilseeds, essential oils, beverages other than juice, nursery and greenhouse, wine, and miscellaneous vegetable products. Michigan agricultural exports: Top 10 destinations, 2005-2006 1/ ------------------------------------------------------------------ Country : 2005 : 2006 ------------------------------------------------------------------ : Thousand dollars : Canada : 190,213 178,052 Mexico : 18,143 25,045 Japan : 8,167 6,289 Austria : 3,365 2,771 United Kingdom : 2,111 2,110 Saudi Arabia : 0 1,317 Guatemala : 1,662 1,245 Italy : 4,072 1,219 Taiwan : 641 831 Australia : 1,288 805 ------------------------------------------------------------------ 1/ Source: U.S. Department of Commerce, International Trade Administration, www.ita.doc.gov.