February Agricultural Prices Received
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| Released: February 27, 2009 For more information contact: Carmen Pennington Steve Anderson at 1-800-835-2612. |
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| January 2009 full-month crop prices were mostly higher when
compared with December 2008,. Montana's winter wheat price decreased $0.23
to $5.86 per bushel, but spring wheat rose $0.29 to $7.24 per bushel and
durum wheat increased $0.51 to $10.20 per bushel. Feed barley prices rose
$0.31 from the previous month to $2.94 per bushel and malt barley prices
decreased $0.23 to $5.66 per bushel.
The mid-February price for alfalfa hay rose $2.00 to $111.00 per ton from January, but all other hay decreased $1.00 to $103.00 per ton. Mid-February grain prices were mostly higher than January with winter wheat at $5.75 per bushel, durum wheat was $7.87 per bushel, spring wheat was $6.73 per bushel, feed barley was $3.29 per bushel, and malt barley was $6.87 per bushel. Livestock prices for the full month of January were mostly higher when compared with December 2008. Steer and heifer prices increased $1.60 to $93.70 per cwt, cows rose $1.00 per cwt to $39.50, calves jumped $9.80 to $107.00 per cwt, but beef cattle decreased $3.40 to $74.20 per cwt. Sheep prices rose $1.20 to $28.20 per cwt and lambs increased $6.00 to $108.00 per cwt. All milk prices decreased $0.70 from last month to $17.50 per cwt. Livestock prices for mid February were mostly higher with steer and heifer prices at $94.20 per cwt, cows were $42.00 per cwt, beef cattle were $78.50 per cwt, calves were $109.00 per cwt, and all milk prices were $15.70 per cwt. Nationally, prices for January and changes from December were as follows: winter wheat was $5.73 per bushel, up $0.32, spring wheat was $7.03 per bushel, up $0.13, durum wheat was $8.15 per bushel, down $0.20, all barley was $5.29 per bushel, down $0.08, oats were $2.74 per bushel, down $0.36, steers and heifers were $85.80 per cwt, up $0.10, cows were $42.30 per cwt, up $2.10, calves were $106.00 per cwt, up $7.10, sheep were $31.40 per cwt, down $1.50, lambs were $101.00 per cwt, unchanged, and all milk was $13.30 per cwt, down $2.30. The U.S. mid-February winter wheat price was $5.20 per bushel, spring wheat was $6.51 per bushel, durum wheat was $7.79 per bushel, malt barley was $5.85 per bushel, feed barley was $2.74 per bushel, and oats were $2.27 per bushel. Steers and heifers were $85.40 per cwt, cows were $44.30 per cwt, calves were $105.00 per cwt, and all milk was $11.50 per cwt. The preliminary All Farm Products Index of Prices Received by Farmers
in February, at 127 percent, based on 1990-92=100, decreased 12 points
(8.6 percent) from January. The Crop Index is down 12 points (7.5 percent)
and the Livestock Index decreased 5 points (4.4 percent). Producers
received lower prices for lettuce, milk, corn, and eggs and higher prices
for snap beans, strawberries, hogs, and turkeys. 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 cattle, milk, broilers, and strawberries offset decreased
marketings of corn, soybeans, wheat, and cotton. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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