June Agricultural Prices Received
Released: June 29, 2009
For more information contact: Carmen Pennington at 1-800-835-2612.
 
May 2009 full month crop prices were mostly mixed when compared with April 2009. Montana's winter wheat price was $5.56 per bushel, down $0.19 from April, spring wheat was down $0.02 to $7.02 per bushel, durum wheat increased $0.13 to $7.97 per bushel, feed barley was up $0.11 to $2.67 per bushel, and malt barley was up $0.32 to $6.23 per bushel.
The mid-June price for alfalfa hay increased $1.00 to $115.00 per ton and all other hay rose $12.00 to $118.00 per ton. Mid-June grain prices were mostly higher when compared with May. The winter wheat price was $5.92 per bushel, spring wheat was $7.01 per bushel, durum wheat was $7.17 per bushel, feed barley was $2.80 per bushel, and malt barley was $6.50 per bushel.

Livestock prices for the full month of May were mostly mixed when compared with the previous month. Steers and heifers were down $2.90 to $95.00 per cwt, but cows increased $2.60 to $49.40 per cwt. The price for calves rose $3.00 to $113.00 per cwt. Sheep were down $5.20 to $32.60 per cwt, but lambs increased $1.00 to $105.00 per cwt. Milk increased $0.20 per cwt to $13.50 per cwt. Mid-month June steers and heifers were $88.50 per cwt, cows were $44.00 per cwt, beef cattle were $57.40 per cwt, calves were $104.00 per cwt, and all milk was $12.10 per cwt.

Nationally, prices for May and changes from April were as follows: winter wheat was $5.52 per bushel, up $0.26, spring wheat was $6.76 per bushel, up $0.27, durum wheat was $7.05 per bushel, down $0.13, all barley was $4.59 per bushel, down $0.25, oats were $2.64 per bushel, up $0.27, steers and heifers were $87.80 per cwt, down $0.60, cows were $49.10 per cwt, up $1.10, beef cattle were $83.20 per cwt, down $0.30, calves were up $2.00 to $112.00 per cwt, sheep were $31.90 per cwt, down $3.10, lambs were $101.00 per cwt, down $1.00 and all milk was $11.60 per cwt, down $0.30.

The U.S. mid-June price for winter wheat was $5.54 per bushel, spring wheat was $6.74 per bushel, durum wheat was $7.13 per bushel, oats were $2.23 per bushel, malt barley was $5.20 per bushel, feed barley was $2.95 per bushel, alfalfa hay was $128.00 per ton, all other hay was $107.00 per ton, steers and heifers were $85.40 per cwt, cows were $45.50 per cwt, calves were $111.00 per cwt, and all milk was $11.40 per cwt.

The preliminary All Farm Products Index of Prices Received by Farmers in June, at 135 percent, based on 1990-92=100, increased 5 points (3.8 percent) from May. The Crop Index is up 12 points (8.0 percent) but the Livestock Index decreased 1 point (0.9 percent). Producers received higher prices for tomatoes, soybeans, broilers, and cantaloupes and lower prices for cattle, strawberries, milk, and hay. 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 wheat, grapes, hay, and cantaloupes offset decreased marketings of tomatoes, oranges, strawberries, and sweet corn.

The preliminary All Farm Products Index is down 23 points (15 percent) from June 2008. The Food Commodities Index, at 133, increased 7 points (5.6 percent) from last month but decreased 22 points (14 percent) from June 2008.
 
MONTANA AVERAGE FARM PRICES RECEIVED

BASE MONTH:
May 2009
U
N
I
T
    Monthly Average Change From Mid-Month Avg.
MONTANA U.S. Prev Mo Prev Yr Montana U.S.
May
2008
Apr
2009
May
2009
May
2009
Apr
2009
May
2008
June 15
2009
June 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.
9.12
11.20
11.30
10.20
5.28
4.07
6.05
3.44
5.75
7.84
7.04
6.28
5.30
2.56
5.91
N/A
5.56
7.97
7.02
6.11
5.05
2.67
6.23
3.08
5.52
7.05
6.76
5.84
4.59
2.99
5.17
2.64
-0.19
+0.13
-0.02
-0.17
-0.25
+0.11
+0.32
N/A
-3.56
-3.23
-4.28
-4.09
-0.23
-1.40
+0.18
-0.36
5.92
7.17
7.01
6.32
5.28
2.80
6.50
N/A
5.54
7.13
6.74
5.69
4.84
2.95
5.20
2.23
Alfalfa Hay
All Other Hay
All Hay Baled
Ton
Ton
Ton
98.00
102.00
99.00
121.00
115.00
120.00
114.00
106.00
113.00
138.00
113.00
131.00
-7.00
-9.00
-7.00
+16.00
+4.00
+14.00
115.00
118.00
115.00
128.00
107.00
123.00
Steer & Heifers
Cows
Beef Cattle 2/
Calves
Sheep 3/
Lambs 3/
All Milk
Cwt.
Cwt.
Cwt.
Cwt.
Cwt.
Cwt.
Cwt.
98.80
54.30
83.70
116.00
19.80
104.00
18.60
97.90
46.80
78.50
110.00
37.80
104.00
13.30
95.00
49.40
70.80
113.00
32.60
105.00
13.50
87.80
49.10
83.20
112.00
31.90
101.00
11.60
-2.90
+2.60
-7.70
+3.00
-5.20
+1.00
+0.20
-3.80
-4.90
-12.90
-3.00
+12.80
+1.00
-5.10
88.50
44.00
57.40
104.00
N/A
N/A
12.10
85.40
45.50
80.80
111.00
N/A
N/A
11.40
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.
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