|May Agricultural Prices Received
| Released: May 30, 2008
For more information contact: Christel Pachl at 1-800-835-2612.
| Montana's April 2008 full month crop prices were higher
when compared with March 2008, according to USDA, National Agricultural
Statistics Service, Montana Field Office. Winter wheat was $8.49 per bushel,
up $0.23 from March, spring wheat was $9.69 per bushel, up $0.85, durum
wheat was $15.80 per bushel, up $1.40, setting a new record high, feed
barley was $4.55 per bushel, up $0.06, and malt barley was $4.72 per bushel,
The mid May price for alfalfa hay rose $10.00 to $99.00 per ton and all other hay increased $18.00 to $102.00 per ton. Mid May grain prices were mixed when compared with April. The winter wheat price was $8.30 per bushel, spring wheat was $10.50 per bushel, durum wheat was $12.40 per bushel, malt barley was $6.00 per bushel, and feed barley was $3.80 per bushel.
Livestock prices for the full month of April were mixed when compared with the previous month. Steer and heifer prices were $99.50 per cwt, up $2.70, cows were $50.90 per cwt, down $0.30, calves dropped $7.00 to $113.00 per cwt, sheep were $24.50 per cwt, up $5.00, lambs were $101.00 per cwt, up $1.80 and milk was $18.20 per cwt, down $1.20. Mid month May steer and heifers were $100.00 per cwt, cows were $54.80 per cwt, calves were $114.00 per cwt, and milk was $18.70 per cwt.
Nationally, prices for May and changes from April were as follows: winter wheat was $9.61 per bushel, down $0.39; spring wheat was $10.50 per bushel, down $0.50; durum wheat was $13.80 per bushel, down $1.60; the all barley price was $4.54 per bushel, up $0.37; steer and heifer prices were $91.60 per cwt, down $1.10; and calf prices were down $3.00 to $116.00 per cwt.
The U.S. mid May winter wheat price was $7.76 per bushel, spring wheat was $10.20 per bushel, durum wheat was $12.10 per bushel, all wheat was $8.80 per bushel, malt barley was $5.06 per bushel, feed barley was $3.98 per bushel, and all barley was $4.76 per bushel. Steer and heifer prices were $95.40 per cwt, cows were $53.10 per cwt, calves were $116.00 per cwt, all hogs were $44.10 per cwt, and all eggs were $0.88 per dozen.
The preliminary All Farm Products Index of Prices Received by Farmers in May, at 150 percent, based on 1990-92=100, increased 5 points (3.4 percent) from April. The Crop Index is up 4 points (2.4 percent) and the Livestock Index increased 5 points (3.9 percent).
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