ne-agri-facts NEBRASKA AGRI-FACTS Issue 15/2004 Released: 08/10/2004 by USDA, National Agricultural Statistics Service Mark Harris, Director Dean C. Groskurth, Deputy Director ------------------------------------------------------------------------ P.O Box 81069 Location: 298 Federal Bldg Lincoln, NE 68501 Phone: (402) 437-5541 e-mail: nass-ne@nass.usda.gov Internet: http://www.nass.usda.gov/ne/ ------------------------------------------------------------------------ Dear producers and other data users: Information contained herein is the result of mail, phone and personal interview surveys conducted during the past few weeks. Special recognition and appreciation are extended to all producers and agribusinesses who provided data making these reports possible. Mark Harris State Director ------------------------------------------------------------------------ Prices Received By Farmers The preliminary United States All Farm Products Index of Prices Received by Farmers in July at 122, based on 1990-92=100, is 6 points (4.7 percent) below the June Index. Producers received higher commodity prices for oranges, asparagus, sweet corn, and snap beans. Lower prices were received for dairy, corn, soybeans, and cattle. The seasonal change in the mix of commodities farmers sell, based on the past 3-year average, also affects the overall index. Increased average marketings of grapes, wheat, tomatoes, and hay offset decreased marketings of dairy, cantaloup, asparagus, and oranges. The preliminary All Farm Products Index is up 17 points (16 percent) from July 2003. Prices Received: By Commodity, Nebraska and United States, Preliminary July 2004 with Comparisons ------Nebraska------- --------------United States-------------- Commodity Unit July June July 15 July June July 15 % of Parity 2003 1/ 2004 1/ 2004 2003 1/ 2004 1/ 2004 Parity Price 2/ ------Dollars------- ---------------Dollars------------------ -------------------------------------------------------------------------------------------- Wheat, All Bushel 2.81 3.56 3.45 2.95 3.58 3.36 34 10.00 Corn Bushel 2.11 2.82 2.45 2.17 2.79 2.42 36 6.74 Oats Bushel 1.49 1.70 1.50 1.46 1.61 1.50 38 3.93 Grain Sorghum Cwt 3.42 4.64 4.00 3.63 4.58 4.07 37 11.00 Soybeans Bushel 5.81 9.03 8.50 5.82 9.05 8.21 52 15.90 Hay, All, Baled Ton 62.00 49.00 51.00 89.00 95.20 90.40 Alfalfa, Baled Ton 62.00 49.00 52.00 92.70 102.00 98.40 Other, Baled Ton 60.00 48.00 47.00 77.80 76.90 70.90 Dry Edible Beans Cwt 18.90 17.40 16.70 17.20 20.10 19.10 37 51.90 Hogs Cwt 45.50 57.80 58.20 42.70 56.60 56.90 54 105.00 Barrows & Gilts Cwt 45.70 58.00 58.40 43.20 57.10 57.30 Sows Cwt 35.20 47.40 50.40 33.10 46.30 49.10 Beef Cattle Cwt 76.70 91.90 88.50 75.80 89.50 87.50 51 170.00 Steers & Heifers Cwt 77.70 93.00 89.40 78.90 93.50 91.10 Cows Cwt 46.00 56.80 59.60 44.90 53.60 55.90 Calves Cwt 110.00 134.00 137.00 102.00 125.00 128.00 56 228.00 Sheep Cwt 27.20 34.10 29.40 32.10 83.60 Lambs Cwt 84.00 107.00 89.30 105.00 201.00 -------------------------------------------------------------------------------------------- 1/ Entire month average except hay. 2/ Parity price based on data for July 2004. Source: USDA NASS Agricultural Prices July 30, 2004. Stocks in Cold Storage: By Commodity, United States, June 2004 with Comparisons June 2004 Percent of Commodity Stocks June 2003 May 2004 ------------------------------------------------------------------------ 1,000 lbs Total red meats 803,383 95 96 Beef 411,000 111 102 Pork 379,293 82 91 Poultry 1,345,618 98 108 Turkey 591,580 82 104 Chicken 753,097 115 112 ------------------------------------------------------------------------ Source: USDA NASS Cold Storage, July 21, 2004. Poultry: Layers and Eggs, Nebraska and United States, June 2004 with Comparisons Item 2003 2004 2004/2003 Millions Percent ------------------------------------------------------------------------ Number of Layers Nebraska 11.7 11.6 99 30 States 312.4 319.4 102 United States 334.8 342.1 102 Eggs Produced Nebraska 264 259 98 30 States 6,630 6,793 102 United States 7,105 7,273 102 Chickens Hatched, June United States Egg-type 36.6 38.1 104 Broiler 774.7 785.8 101 ------------------------------------------------------------------------ Source: USDA NASS Chicken and Eggs, July 23, 2004. Livestock Slaughter: By Commodity, Nebraska and United States, June 2004 with Comparisons June 2004 Percent of Item Total 1/ June May 2003 2004 ------------------------------------------------------------------------ Nebraska 1,000 Head Cattle, head 631.0 86 102 Hogs, head 560.6 105 111 Red Meat, mil. lbs. 596.1 90 106 United States Cattle, head 2,994.6 92 106 Calves, head 66.4 90 102 Hogs, head 8,504.4 110 112 Sheep & Lambs, head 230.9 101 122 Red Meat, mil, lbs. 3,928.0 99 109 ------------------------------------------------------------------------ 1/ Excludes animals slaughtered on farms. Source: USDA NASS Livestock Slaughter, July 23, 2004. Mink : Farms, Pelts Produced, Price, and Value, United States, 1996-2003 Year Mink Pelts Average Value Farms Produced Marketing Price of Mink Pelts ------------------------------------------------------------------------ Million Number Thousands Dollars Dollars 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 398 2,813 33.70 94.8 2000 350 2,666 34.00 90.6 2001 329 2,565 33.50 85.9 2002 1/ 324 2,607 30.60 79.8 2003 307 2,549 40.10 102.2 ------------------------------------------------------------------------ 1/ Revised. Source: USDA NASS Mink, July 15 2004. ************************************************************************ * * * 2002 Census of Agriculture * * * * State & County Profiles * * * * The State and County profiles are now available on the Internet. * * Profiles are listed under Special Reports * * @ http://www.nass.usda.gov/census/ * * * * Profiles can also be accessed directly by using the link below: * * http://www.nass.usda.gov/census/census02/profiles/index.htm * * * ************************************************************************ Agricultural Land Values: Average Value per Acre, Nebraska and 48 States, January 1, 2001-2004 Land Type 2001 2002 2003 2004 ------------------------------------------------------------------------ Dollars Nebraska Farm Real Estate 735 760 775 825 Cropland 1,160 1,200 1,210 1,290 Irrigated 1,600 1,630 1,650 1,750 Non-irrigated 930 980 980 1,050 Pasture 240 245 255 275 48 States Farm Real Estate 1,150 1,210 1,270 1,360 Cropland 1,510 1,590 1,660 1,780 Pasture 557 557 605 644 ------------------------------------------------------------------------ Source: USDA NASS Agricultural Land Values and Cash Rents August 2004 Summary, August 6, 2004. Agricultural Cash Rents: Average Cash Rent per Acre, Nebraska and 48 States, 2001-2004 Land Type 2001 2002 2003 2004 ------------------------------------------------------------------------ Dollars Nebraska Cropland 88.00 90.00 92.00 95.00 Irrigated 117.00 121.00 123.00 125.00 Non-irrigated 65.00 66.00 67.00 70.00 Pasture 11.30 11.20 11.50 12.00 48 States Cropland 71.00 71.60 73.00 76.50 Pasture 9.20 9.20 9.00 9.60 ------------------------------------------------------------------------ Source: USDA NASS Agricultural Land Values and Cash Rents August 2004 Summary, August 6, 2004. Farm Production Expenditures: Major Input Items, Farms Reporting, Average per Farm, and Total, Northern Plains Region and United States, 2002-2003 --------- Northern Plains Region 1/ -------- ------------- United States 2/ ------------- Farms Average Total Farms Average Total Reporting 3/ per Farm 4/ Expenditures Reporting 3/ per Farm 4/ Expenditures Expenditure - Farm Share 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 --------------------------------------------------------------------------------------------------------------------------------------- Percent Dollars Million Dollars Percent Dollars Million Dollars Total Farm Production Expenditures 5/ 6/ 100.0 100.0 136,169 149,057 24,170 26,070 100.0 100.0 89,722 93,785 193,100 198,900 Livestock, Poultry & Related Expenses 7/ 34.5 34.0 23,268 27,044 4,130 4,730 31.4 30.5 8,503 8,959 18,300 19,000 Feed 56.1 54.2 13,239 17,038 2,350 2,980 64.0 65.4 11,570 12,731 24,900 27,000 Farm Services 8/ 96.2 92.9 15,775 15,838 2,800 2,770 95.3 95.3 12,452 12,637 26,800 26,800 Rent 9/ 58.1 52.9 16,901 17,553 3,000 3,070 33.7 30.3 7,527 7,733 16,200 16,400 Agricultural Chemicals 10/ 67.6 63.5 6,704 6,861 1,190 1,200 50.6 48.2 3,857 3,961 8,300 8,400 Fertilizer, Lime & Soil Conditioners 10/ 68.3 59.3 7,662 8,176 1,360 1,430 60.9 58.1 4,461 4,715 9,600 10,000 Interest 63.7 60.4 8,113 7,204 1,440 1,260 45.6 42.0 4,879 4,385 10,500 9,300 Taxes (Real Estate & Property) 99.7 98.3 5,915 5,832 1,050 1,020 98.3 98.8 3,160 3,206 6,800 6,800 Labor 36.3 35.9 5,690 5,832 1,010 1,020 36.2 34.3 9,990 9,996 21,500 21,200 Fuels 87.0 82.7 5,521 5,889 980 1,030 86.4 84.4 3,020 3,159 6,500 6,700 Farm Supplies & Repairs 11/ 86.6 81.3 8,563 8,062 1,520 1,410 85.3 84.5 5,669 5,187 12,200 11,000 Farm Improvements & Construction 12/ 47.2 55.5 3,042 6,118 540 1,070 48.6 57.2 3,717 5,422 8,000 11,500 Tractors and Self-Propelled Farm Machinery 12.9 23.3 3,268 4,059 580 710 13.4 22.3 2,881 3,065 6,200 6,500 Other Farm Machinery 26.4 33.2 3,268 3,488 580 610 19.8 27.7 1,719 1,839 3,700 3,900 Seed & Plants 13/ 64.8 58.3 6,592 6,861 1,170 1,200 45.7 45.4 4,135 4,385 8,900 9,300 Trucks & Autos 21.6 32.5 2,479 2,916 440 510 14.9 24.2 1,951 2,122 4,200 4,500 --------------------------------------------------------------------------------------------------------------------------------------- 1/ Northern Plains includes: KS, NE, ND, SD. 2/ Excludes AK and HI. 3/ Number of farms reporting item divided by total number of farms. 4/ Total expenditures divided by total number of farms. 5/ Total includes production costs not allocated to any of the 16 expense categories published. 6/ Includes landlord and contractor share of farm production expenses. 7/ Includes purchases and leasing of livestock and poultry. 8/ Includes all crop custom work, veterinary services, custom feeding, transportation costs, marketing charges, insurance, leasing of machinery and equipment, miscellaneous business expenses, and utilities. 9/ Includes public and private grazing fees. 10/ Includes material and application costs. 11/ 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. 12/ Includes all expenditures related to new construction or repairs of buildings and fences and any improvements to physical structures or land. 13/ Excludes bedding plants, nursery stock, and seed purchased for resale. Includes seed treatment. Source: USDA NASS Farm Production Expenditures 2003 Summary, July 2004. #