February Agricultural Prices Received
Released: February 27, 2009
For more information contact: Carmen Pennington Steve Anderson at 1-800-835-2612.
 
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.

 

MONTANA AVERAGE FARM PRICES RECEIVED


BASE MONTH:
January 2009

U
N
I
T

    Monthly Average

Change From

Mid-Month Avg.

MONTANA

U.S.

Prev Mo

Prev Yr

Montana

U.S.

Jan
2008

Dec
2008

Jan
2009

Jan
2009

Dec
2008

Jan
2008

Feb 15
2009

Feb 15
2009

Winter Wheat
Durum Wheat
Spring Wheat
Wheat, All
Barley
Feed Barley
Malt Barley
Oats 1/

Bu.
Bu.
Bu.
Bu.
Bu.
Bu.
Bu.
Bu.

6.66
10.20
8.07
7.29
4.78
4.96
4.56
3.06

6.09
9.69
6.95
6.53
5.76
2.63
5.89
3.22

5.86
10.20
7.24
6.57
5.55
2.94
5.66
N/A

5.73
8.15
7.03
6.21
5.29
2.96
5.60
2.74

-0.23
+0.51
+0.29
+0.04
-0.21
+0.31
-0.23
N/A

-0.80
0.00
-0.83
-0.72
+0.77
-2.02
+1.10
N/A

5.75
7.87
6.73
6.21
6.73
3.29
6.87
N/A

5.20
7.79
6.51
5.73
5.37
2.74
5.85
2.27

Alfalfa Hay
All Other Hay
All Hay Baled

Ton
Ton
Ton

81.00
71.00
77.00

126.00
120.00
125.00

109.00
104.00
108.00

149.00
110.00
136.00

-17.00
-16.00
-17.00

+28.00
+33.00
+31.00

111.00
103.00
110.00

143.00
107.00
132.00

Steer & Heifers
Cows
Beef Cattle 2/
Calves
Sheep 3/
Lambs 3/
All Milk

Cwt.
Cwt.
Cwt.
Cwt.
Cwt.
Cwt.
Cwt.

98.80
45.50
89.20
116.00
28.70
103.00
20.70

92.10
38.50
77.60
97.20
27.00
102.00
18.20

93.70
39.50
74.20
107.00
28.20
108.00
17.50

85.80
42.30
80.10
106.00
31.40
101.00
13.30

+1.60
+1.00
-3.40
+9.80
+1.20
+6.00
-0.70

-5.10
-6.00
-15.00
-9.00
-0.50
+5.00
-3.20

94.20
42.00
78.50
109.00
N/A
N/A
15.70

85.40
44.30
80.20
105.00
N/A
N/A
11.50

1/ Insufficient sales to establish a price. 2/ Composite of steers, heifers, and cows. 3/ Mid-month prices for sheep and lambs discontinued January 1996.

Top of Page