January Agricultural Prices Received
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| Released: January 30, 2009 For more information contact: Carmen Pennington or Christel Pachl at 1-800-835-2612. |
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| December full month crop prices were mostly lower when compared
with November 2008. Montana's winter wheat price was $6.09 per bushel,
down $0.42 from the previous month, spring wheat decreased $0.50 to $6.95
per bushel, but durum wheat increased $0.06 to $9.69 per bushel. Feed
barley was down $0.38 from November to $2.63 per bushel and malt barley
decreased $0.15 to $5.89 per bushel. Oats were down $0.06 to $3.22 per
bushel. The mid-January price for alfalfa hay was $17.00 below December at $109.00 per ton and all other hay dropped $16.00 to $104.00 per ton. Mid-January grain prices were lower when compared with December 2008. Winter wheat was $5.28 per bushel, spring wheat was $6.90 per bushel, durum wheat was $8.77 per bushel, feed barley was $2.60 per bushel, and malt barley was $5.39 per bushel. Livestock prices for the full month of December were mixed when compared with November 2008. Steer and heifers decreased $8.90 to $92.10 per cwt, cows were down $1.20 to $38.50 per cwt. The price for beef cattle was $77.60, down $3.80 per cwt and calves dropped $11.80 to $97.20 per cwt. Sheep were up $8.10 to $27.00 per cwt and lambs were up $4.40 to $102.00 per cwt. The all milk price rose $0.90 per cwt from last month to $18.20 per cwt. Mid-January prices for steers and heifers were $94.70 per cwt, cows were $40.80 per cwt, beef cattle were $78.50 per cwt, calves were $107.00 per cwt, and all milk was $16.00 per cwt. U.S. prices for December and changes from November were as follows: winter wheat was $5.41 per bushel, down $0.23, spring wheat was $6.90 per bushel, down $0.49, durum wheat was $8.35 per bushel, down $0.33, all barley was $5.37 per bushel, down $0.04, oats were $3.10 per bushel, up $0.11, steers and heifers were $85.60 per cwt, down $5.40, cows were $40.40 per cwt, down $2.70, calves were $100.00 per cwt, down $6.00, sheep were $31.70 per cwt, up $4.70, lambs were $100.00 per cwt, up $0.40 and all milk was $15.60 per cwt, down $1.50 per cwt. The U.S. mid-January winter wheat price was $5.29 per bushel, spring wheat was $6.76 per bushel, durum wheat was $7.86 per bushel, malt barley was $5.44 per bushel, feed barley was $2.72 per bushel, oats were $2.30 per bushel, steers and heifers were $86.30 per cwt, cows were $42.20 per cwt, calves were $105.00 per cwt, all milk was $13.80 per cwt. The preliminary All Farm Products Index of Prices Received by Farmers in January, at 137 percent, based on 1990-92=100, increased 2 points (1.5 percent) from December. The Crop Index is up 8 points (5.4 percent) but the Livestock Index decreased 4 points (3.4 percent). Producers received higher prices for soybeans, lettuce, oranges, and broccoli and lower prices for milk, cotton, tomatoes, and onions. 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 corn, soybeans, cattle, and rice offset decreased marketings of cottonseed, grapes, broilers, and cotton. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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