ne-agri-facts Issued Twice Monthly by: NEBRASKA Agricultural Statistics Service P.O. Box 81069 Location: 273 Federal Bldg Lincoln, NE 68501 Phone: (402) 437-5541 ------------------------------------------------------------------------ USDA,National Ag Statistics Service Nebraska Department of Agriculture William G. Hamlin, State Statistician Merlyn Carlson, Director ------------------------------------------------------------------------ Issue 15/2001 Released: 08/03/2001 ------------------------------------------------------------------------ Dear Subscriber: Information herein is the result of mail, phone and personal interview surveys. Special recognition and appreciation are extended to all producers and agribusinesses who provided data making these reports possible. Thanks for your cooperation. State Statistician U.S. INDEX OF PRICES RECEIVED The preliminary All Farm Products Index of Prices Received in July was 106 based on 1990-92=100, down 1 point (0.9 percent) from the June index. Lower prices for cattle, grapes, celery and peaches were partially offset by higher prices for soybeans, corn, cantaloupes, and broilers. The seasonal change in the mix of commodities farmers sell often affects the overall index. Higher seasonal marketings of grapes, wheat, tomatoes, and grain sorghum were more than offset by lower marketings of milk, cantaloupes, strawberries, and potatoes. Compared with July 2000, the All Farm Product Index was 10 points (10 percent) higher. Price increases from July 2000 for milk, broilers, wheat, cattle, and corn were partially offset by lower prices for lettuce, sweet corn, turkeys, and barley. AVERAGE PRICES RECEIVED BY FARMERS NEBRASKA UNITED STATES July June July July June July COMMODITY Unit 2000 2001 15, 2000 2001 15, % of Parity 1/ 1/ 2001 1/ 1/ 2001 Parity Price* Wheat Bu. $ 2.42 $ 2.97 $ 2.78 $ 2.32 $ 2.74 $ 2.72 28 9.71 Corn Bu. 1.67 1.77 1.85 1.64 1.77 1.88 28 6.62 Oats Bu. 1.21 1.52 1.50 1.07 1.38 1.36 36 3.79 Grain Sorghum Cwt. 2.68 3.23 3.25 2.82 3.63 3.58 31 11.40 Soybeans Bu. 4.42 4.33 4.70 4.53 4.46 4.92 34 14.40 Hay, All, Baled Ton 55.00 76.00 68.00 80.20 95.80 96.30 --- --- Alfalfa, Baled Ton 57.00 77.00 71.00 84.50 103.00 105.00 --- --- Other, Baled Ton 42.00 72.00 61.00 66.60 70.70 72.50 --- --- Dry Edible Beans Cwt. 15.60 15.50 15.40 14.20 16.30 16.30 34 48.10 Hogs Cwt. 51.10 54.40 54.00 48.30 52.20 51.40 49 104.00 Barrows & Gilts Cwt. 51.20 54.70 54.30 49.10 52.90 52.00 --- --- Sows Cwt. 36.50 40.90 41.50 34.80 39.90 41.50 --- --- Beef Cattle Cwt. 68.00 75.10 72.50 67.50 73.50 70.80 45 159.00 Steers & Heifers Cwt. 68.20 76.10 73.40 70.40 76.80 74.10 --- --- Cows Cwt. 39.30 43.80 42.50 39.20 44.70 42.80 --- --- Calves Cwt. 104.00 113.00 115.00 106.00 109.00 108.00 52 209.00 Sheep Cwt. 33.70 32.80 n/a 34.20 29.50 n/a --- 72.80 Lambs Cwt. 82.00 71.10 n/a 87.00 71.60 n/a --- 175.00 1/ Entire month average except hay. *Parity price based on data for July 2001. n/a = not available. U.S. COLD STORAGE HIGHLIGHTS Frozen food stocks in refrigerated warehouses on June 30, 2001, were greater than year earlier levels for potatoes. Total red meat supplies in freezers were 4% below May 2001 and were 20% below June 2000. Frozen pork stocks were 10% below last month and were 23% below last year. Total frozen poultry supplies were up 7% from last month but were 10% below last year's level. Stocks on June 30 for selected items and changes from last year and last month follow: Commodity Stocks Percent of 1,000 lbs. June 2000 May 2001 Total red meats 741,214 80 96 Beef 332,847 82 102 Pork 381,013 77 90 Poultry 1,208,851 90 107 Turkey 510,131 101 112 Chicken 690,050 84 103 POULTRY HIGHLIGHTS - JUNE Item 2000 2001 2001 as % of 2000 Millions Percent No. of Layers NEBRASKA 12.1 11.6 96 30 States 304.9 311.5 102 U.S. 325.0 332.2 102 Eggs Produced NEBRASKA 238 243 102 30 States 6,369 6,532 103 U.S. 6,801 6,973 103 Chickens, U.S. Hatched, June Egg-type 37.3 40.6 109 Broiler 747.3 756.6 101 Hatched thru June Egg-type 222.8 241.2 108 Broiler 4,483.4 4,445.4 99 Turkeys, U.S. Placed (June) 26.9 26.0 97 COMMERCIAL LIVESTOCK SLAUGHTER June 2001 output and changes from last year and last month are shown below. June 2000 contained 22 weekdays and four Saturdays. June 2001 contained 21 weekdays and five Saturdays. Percent of Item Total 1/ June May (1,000) 2000 2001 NEBRASKA Cattle, head 708.3 102 99 Hogs, head 475.0 95 88 Sheep & Lambs, head .1 Red Meat, mil. lbs. 618.0 99 99 UNITED STATES Cattle, head 3,120.3 96 98 Calves, head 77.3 81 98 Hogs, head 7,483.2 94 94 Sheep & Lambs, head 232.7 89 97 Red Meat, mil, lbs. 3,758.2 95 97 1/ Excludes animals slaughtered on farms. U.S. MINK PELT PRODUCTION DOWN 5 PERCENT Mink pelt production in the United States in 2000 totaled 2.67 million pelts, down 5 percent from 1999. Wisconsin, the major mink producing State, produced 680,100 pelts. Mink pelts produced during the 2000 crop year were valued at $90.6 million, down 4 percent from $94.8 million a year ago. The average price per pelt for the 2000 crop year was $34.00, up from $33.70 in 1999. There were 351 mink farms producing pelts in 2000, down 12 percent from a year ago. Leading States were Utah with 90 farms, Wisconsin with 70 farms, and Minnesota with 37 farms. There were 24 mink farms which also raised fox in 2000, down from 27 the previous year. MINK : FARMS, PELTS PRODUCED, PRICE, AND VALUE, UNITED STATES, 1993-2000 Mink Pelts Average Value of Farms Produced Marketing Mink Price Pelts Number Thousands Dollars Million $ 1993 523 2,620 34.10 89.3 1994 484 2,623 33.00 86.6 1995 478 2,803 53.10 148.8 1996 449 2,783 35.30 98.2 1997 452 2,993 33.10 99.1 1998 438 2,938 24.80 72.9 1999 1/ 398 2,813 33.70 94.8 2000 2/ 351 2,666 34.00 90.6 1/ Revised. 2/ Preliminary. AGRICULTURAL LAND VALUES, AVERAGE VALUE PER ACRE, NEBRASKA AND 48 STATES, JUNE 1, 1998-2001 Land Type 1998 1999 2000 2001 Dollars Nebraska Cropland 1,040 1,080 1,110 1,140 Irrigated 1,510 1,550 1,580 1,600 Non-irrigated 799 840 860 900 Pasture 210 220 230 245 48 States Cropland 1,340 1,410 1,490 1,540 Pasture 489 503 524 547 AGRICULTURAL CASH RENTS, AVERAGE CASH RENT PER ACRE, NEBRASKA AND 48 STATES, JUNE 1, 1998-2001 Land Type 1998 1999 2000 2001 Dollars Nebraska Cropland 88.40 86.90 88.00 88.00 Irrigated 117.00 115.00 117.00 117.00 Non-irrigated 65.70 64.50 66.00 65.00 Pasture 10.70 10.90 11.30 11.30 48 States Cropland 66.50 67.50 70.00 71.00 Pasture 8.80 8.90 8.50 9.20 FARM PRODUCTION EXPENDITURES, MAJOR INPUT ITEMS, FARMS REPORTING, AVERAGE PER FARM, AND TOTAL NORTHERN PLAINS REGION & UNITED STATES, 1998-2000 NORTHERN PLAINS REGION* UNITED STATES 1/ Farms Farms Expenditure - Reporting Average Total Reporting Average Total Farm Share 2/ per Farm 3/ Expenditures 2/ per Farm 3/ Expenditures 1999 2000 1999 2000 1999 2000 1999 2000 1999 2000 1999 2000 Percent Dollars Mil. Dollars Percent Dollars Mil. Dollars Total Farm Production Expenditures 4/ 5/ 100.0 100.0 126,803 134,015 23,205 24,230 100.0 100.0 84,195 87,035 184,050 188,500 Livestock, Poultry & Related Expenses 6/ 38.2 30.4 25,082 24,889 4,590 4,500 30.8 32.4 7,685 8,311 16,800 18,000 Feed 63.6 58.9 12,077 11,394 2,210 2,060 63.0 64.8 11,208 11,312 24,500 24,500 Farm Services 7/ 98.1 96.7 14,481 14,823 2,650 2,680 97.2 97.2 11,757 11,728 25,700 25,400 Rent 8/ 59.4 62.0 15,519 16,593 2,840 3,000 35.5 35.2 7,274 7,434 15,900 16,100 Agricultural Chemicals 9/ 64.6 68.4 5,738 6,084 1,050 1,100 54.2 53.3 3,934 3,925 8,600 8,500 Fertilizer, Lime & Soil Conditioners 9/ 65.9 64.5 7,049 7,854 1,290 1,420 65.0 63.9 4,529 4,617 9,900 10,000 Interest 64.6 64.3 8,197 8,186 1,500 1,480 46.2 45.8 4,895 5,033 10,700 10,900 Taxes (Real Estate & Property) 97.7 99.3 5,328 5,531 975 1,000 98.1 99.0 3,111 3,186 6,800 6,900 Labor 39.9 41.0 4,727 5,144 865 930 37.3 39.3 9,012 9,142 19,700 19,800 Fuels 88.1 88.5 4,098 5,973 750 1,080 85.1 86.3 2,425 3,232 5,300 7,000 Farm Supplies & Repairs 10/ 94.0 83.9 8,361 8,628 1,530 1,560 88.6 87.4 5,764 5,725 12,600 12,400 Farm Improvements & Construction 11/ 47.7 49.3 2,650 3,706 485 670 50.6 51.0 3,248 3,878 7,100 8,400 Tractors and Self-Propelled Farm Machinery 17.9 17.5 3,579 4,010 655 725 13.8 14.1 2,470 2,493 5,400 5,400 Other Farm Machinery 27.3 32.1 2,486 3,097 455 560 22.9 25.0 1,601 1,662 3,500 3,600 Seed & Plants 12/ 62.4 67.8 4,754 5,365 870 970 51.2 51.7 3,294 3,371 7,200 7,300 Trucks & Autos 25.1 26.0 2,514 2,600 460 470 16.7 17.6 1,784 1,847 3,900 4,000 1/ Excludes AK and HI. 2/ Number of farms reporting item divided by total number of farms. 3/ Total expenditures divided by total number of farms. 4/ Total includes production costs not allocated to any of the 16 expense categories published. 5/ Includes landlord and contractor share of farm production expenses. 6/ Includes purchases and leasing of livestock and poultry. 7/ Includes all crop custom work, veterinary services, custom feeding, transportation costs, marketing charges, insurance, leasing of machinery and equipment, miscellaneous business expenses, and utilities. 8/ Includes public and private grazing fees. 9/ Includes material and application costs. 10/ Includes bedding and litter, marketing containers, power farm shop equipment, miscellaneous non-capital equipment and supplies, repairs and maintenance of livestock and poultry equipment and capital equipment for livestock and poultry. 11/ Includes all expenditures related to new construction or repairs of buildings and fences and any improvements to physical structures or land. 12/ Excludes bedding plants, nursery stock, and seed purchased for resale. Includes seed treatment. n/a = Not Available. * Northern Plains includes: KS, NE, ND, SD.