January Agricultural Prices Received
Released: January 30, 2009
For more information contact: Carmen Pennington or Christel Pachl at 1-800-835-2612.
 
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.
 
MONTANA AVERAGE FARM PRICES RECEIVED

BASE MONTH:
December 2008
U
N
I
T
    Monthly Average Change From Mid-Month Avg.
MONTANA U.S. Prev Mo Prev Yr Montana U.S.
Dec
2007
Nov
2008
Dec
2008
Dec
2008
Nov
2008
Dec
2007
Jan 15
2009
Jan 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.
6.48
10.20
7.06
6.95
5.05
4.74
5.19
N/A
6.51
9.63
7.45
7.19
5.94
3.01
6.04
3.28
6.09
9.69
6.95
6.53
5.76
2.63
5.89
3.22
5.41
8.35
6.90
5.97
5.37
3.04
5.83
3.10
-0.42
+0.06
-0.50
-0.66
-0.18
-0.38
-0.15
-0.06
-0.39
-0.51
-0.11
-0.42
+0.71
-2.11
+0.70
N/A
5.28
8.77
6.90
5.99
5.28
2.60
5.39
N/A
5.29
7.86
6.76
5.90
5.12
2.72
5.44
2.30
Alfalfa Hay
All Other Hay
All Hay Baled
Ton
Ton
Ton
78.00
71.00
76.00
107.00
103.00
106.00
126.00
120.00
125.00
155.00
113.00
141.00
+19.00
+17.00
+19.00
+48.00
+49.00
+49.00
109.00
104.00
108.00
149.00
110.00
136.00
Steer & Heifers
Cows
Beef Cattle 2/
Calves
Sheep 3/
Lambs 3/
All Milk
Cwt.
Cwt.
Cwt.
Cwt.
Cwt.
Cwt.
Cwt.
108.00
42.70
88.40
121.00
22.80
104.00
22.00
101.00
39.70
81.40
109.00
18.90
97.60
17.30
92.10
38.50
77.60
97.20
27.00
102.00
18.20
85.60
40.40
79.80
100.00
31.70
100.00
15.60
-8.90
-1.20
-3.80
-11.80
+8.10
+4.40
+0.90
-15.90
-4.20
-10.80
-23.80
+4.20
-2.00
-3.80
94.70
40.80
78.50
107.00
N/A
N/A
16.00
86.30
42.20
80.50
105.00
N/A
N/A
13.80
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