ne-agri-facts Released: 08/09/2006 Issue 15/2006 NEBRASKA AGRI-FACTS USDA's National Agricultural Statistics Service Nebraska Field Office 100 Centennial Mall North, Suite 298, Lincoln, Nebraska 68508 Phone: 402-437-5541 E-mail: nass-ne@nass.usda.gov Internet: www.nass.usda.gov Mark Harris, Director Dean Groskurth, Deputy Director ------------------------------------------------------------------------ Dear Nebraska Farmers, Ranchers and Agribusinesses: The following narrative and tables are from recently published reports by USDA’s Agricultural Statistics Board. These data are direct results of information provided by Nebraska producers and agribusinesses to the surveys conducted each month by this office. Thank you for your response to these surveys. Mark Harris Director ------------------------------------------------------------------------ Farm Production Expenditures: Farms Reporting, Average per Farm, and Total, Nebraska and United States, 2004-2005 ------------------ Nebraska ----------------- ------------- United States 1/ ------------- Farms Average Total Farms Average Total Reporting 2/ per Farm 3/ Expenditures Reporting 2/ per Farm 3/ Expenditures Expenditure - Farm Share 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 --------------------------------------------------------------------------------------------------------------------------------------- Percent Dollars Million Dollars Percent Dollars Million Dollars Total Farm Production Expenditures 4/ 5/ 100.0 100.0 199,586 219,792 9,640 10,550 100.0 100.0 100,498 106,499 211,800 223,100 Livestock, Poultry & Related Expenses 6/ 34.1 35.3 34,783 42,500 1,680 2,040 26.5 26.6 9,110 10,216 19,200 21,400 Feed 53.9 57.1 28,986 26,875 1,400 1,290 62.2 60.9 14,093 13,462 29,700 28,200 Farm Services 7/ 97.7 97.4 19,048 22,292 920 1,070 95.6 94.7 12,716 14,034 26,800 29,400 Rent 8/ 55.7 64.8 24,845 24,583 1,200 1,180 31.5 31.9 7,877 8,163 16,600 17,100 Agricultural Chemicals 9/ 65.5 62.8 6,832 7,500 330 360 48.8 48.0 4,081 4,249 8,600 8,900 Fertilizer, Lime & Soil Conditioners 9/ 63.1 63.1 11,387 13,750 550 660 57.8 53.5 5,409 6,110 11,400 12,800 Interest 63.5 59.5 9,731 10,000 470 480 39.7 40.8 4,223 4,630 8,900 9,700 Taxes (Real Estate & Property) 100.0 100.0 7,453 9,792 360 470 98.8 99.7 3,321 3,819 7,000 8,000 Labor 47.1 42.7 9,110 10,417 440 500 34.6 34.8 11,056 11,361 23,300 23,800 Fuels 90.9 86.8 8,282 10,833 400 520 85.6 83.3 3,796 4,821 8,000 10,100 Farm Supplies & Repairs 10/ 92.7 88.4 9,317 11,250 450 540 84.8 83.7 5,504 5,967 11,600 12,500 Farm Improvements & Construction 11/ 12/ 66.5 61.9 6,832 6,875 330 330 59.5 57.3 5,979 6,110 12,600 12,800 Tractors and Self-Propelled Farm Machinery 38.4 41.5 5,797 5,417 280 260 23.3 24.9 4,128 4,058 8,700 8,500 Other Farm Machinery 40.6 44.6 3,727 3,750 180 180 28.2 29.2 2,040 1,957 4,300 4,100 Seed & Plants 13/ 66.0 62.2 9,317 10,417 450 500 45.7 42.5 4,555 4,965 9,600 10,400 Trucks & Autos 41.4 44.0 3,727 3,125 180 150 24.2 25.2 2,278 2,244 4,800 4,700 --------------------------------------------------------------------------------------------------------------------------------------- 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/ Changed in 2003 to include operator dwelling expenses (if dwelling is owned by operation). 13/ Excludes bedding plants, nursery stock, and seed purchased for resale. Includes seed treatment. Source: USDA NASS Farm Production Expenditures 2005 Summary, August 2006 Poultry: Layers and Eggs, Nebraska and United States, June 2006 with Comparisons Item 2005 2006 2006/2005 ------------------------------------------------------------------------ Millions Percent Number of Layers Nebraska 11.9 11.6 97 United States 339.9 341.9 101 Table Eggs Produced Nebraska 267 246 92 United States 6,250 6,327 101 Chickens Hatched, June United States Egg-type 35.0 37.7 108 Broiler 796.9 787.8 99 ------------------------------------------------------------------------ Source: USDA NASS Chicken and Eggs, July 21, 2006 Stocks in Cold Storage: By Commodity, United States, June 2006 with Comparisons June 2006 Percent of Commodity Stocks June 2005 May 2006 ------------------------------------------------------------------------ 1,000 lbs Total red 866,925 102 94 Beef 438,285 128 101 Pork 408,722 83 86 Poultry 1,293,510 108 104 Turkey 505,384 100 108 Chicken 782,004 113 101 ------------------------------------------------------------------------ Source: USDA NASS Cold Storage, July 21, 2006 Livestock Slaughter: By Commodity, Nebraska and United States, June 2006 with Comparisons June 2006 Percent of Item Total 1/ June May 2005 2006 ------------------------------------------------------------------------ Nebraska 1,000 Head Cattle, head 679.2 103 104 Hogs, head 561.3 92 94 Red Meat, mil. lbs. 659.6 102 104 United States Cattle, head 3,159.0 108 104 Calves, head 58.7 100 103 Hogs, head 8,342.2 98 98 Sheep & Lambs, head 211.8 96 94 Red Meat, mil, lbs. 4,119.6 104 102 ------------------------------------------------------------------------ 1/ Excludes animals slaughtered on farms. Source: USDA NASS Livestock Slaughter, July 21, 2006 Mink : Farms, Pelts Produced, Price, and Value, United States, 1998-2005 Year Mink Pelts Average Value Farms Produced Marketing Price of Mink Pelts ------------------------------------------------------------------------ Million Number Number Dollars Dollars 1998 438 2,938,100 24.80 72.9 1999 398 2,812,500 33.70 94.8 2000 350 2,666,100 34.00 90.6 2001 329 2,565,300 33.50 85.9 2002 324 2,607,300 30.60 79.8 2003 305 2,549,000 40.10 102.2 2004 1/ 296 2,558,100 47.10 120.5 2005 277 2,627,800 60.90 160.0 ------------------------------------------------------------------------ 1/ Revised. Source: USDA NASS Mink, July 14, 2006 Agricultural Land Values: Average Value per Acre, Nebraska and 48 States, January 1, 2003-2006 Land Type 2003 2004 2005 2006 ------------------------------------------------------------------------ Dollars Nebraska Farm Real Estate 775 825 *940 1,090 Cropland 1,210 1,290 *1,470 1,690 Irrigated 1,650 1,750 *1,940 2,150 Non-irrigated 980 1,050 *1,230 1,450 Pasture 255 275 *320 360 48 States Farm Real Estate 1,270 1,360 *1,650 1,900 Cropland 1,660 1,770 *2,110 2,390 Pasture 605 634 *820 1,000 ------------------------------------------------------------------------ * Revised. Source: USDA NASS Agricultural Land Values and Cash Rents 2006 Summary, August 4, 2006 Agricultural Cash Rents: Average Cash Rent per Acre, Nebraska and 48 States, 2003-2006 Land Type 2003 2004 2005 2006 ------------------------------------------------------------------------ Dollars Nebraska Cropland 92.00 95.00 97.00 101.00 Irrigated 123.00 125.00 127.00 131.00 Non-irrigated 67.00 70.00 *72.00 76.00 Pasture 11.50 12.00 12.00 12.50 48 States Cropland 73.00 76.50 78.00 79.00 Pasture 9.00 9.60 10.30 10.80 ------------------------------------------------------------------------ Source: USDA NASS Agricultural Land Values and Cash Rents 2006 Summary, August 4, 2006 Prices Received: By Commodity, Nebraska and United States, Preliminary July 2006 with Comparisons ------Nebraska------- --------------United States-------------- Commodity Unit July June July 15 July June July 15 % of Parity 2005 1/ 2006 1/ 2006 2005 1/ 2006 1/ 2006 Parity Price 2/ ------Dollars------- ---------------Dollars------------------ -------------------------------------------------------------------------------------------- Wheat, All Bushel 3.10 4.21 4.50 3.20 4.01 4.09 39 10.50 Corn Bushel 2.04 2.06 2.15 2.11 2.14 2.20 28 7.83 Oats Bushel 1.49 2.09 2.10 1.59 1.93 1.89 43 4.35 Grain Sorghum Cwt 3.60 3.74 3.95 3.94 3.95 4.43 37 12.10 Soybeans Bushel 6.60 5.41 5.45 6.65 5.61 5.60 32 17.30 Hay, All, Baled Ton 46.00 67.00 80.00 99.70 109.00 107.00 Alfalfa, Baled Ton 46.00 68.00 81.00 109.00 115.00 113.00 Other, Baled Ton 43.00 58.00 75.00 75.90 90.10 89.30 Dry Edible Beans Cwt 22.40 17.40 17.60 25.40 18.90 19.50 35 55.30 Hogs Cwt 51.10 55.00 51.00 49.80 53.80 49.40 42 118.00 Barrows & Gilts Cwt 51.50 55.40 51.40 50.40 54.70 50.30 Sows Cwt 36.20 35.30 33.00 37.60 33.10 32.40 Beef Cattle Cwt 85.30 84.40 86.90 85.00 84.20 86.10 44 194.00 Steers & Heifers Cwt 86.20 85.60 88.10 88.20 88.50 90.40 Cows Cwt 55.00 47.00 48.00 53.80 46.70 47.00 Calves Cwt 140.00 135.00 137.00 133.00 133.00 136.00 50 270.00 Sheep Cwt 38.50 28.70 41.00 28.60 96.20 Lambs Cwt 104.00 90.60 110.00 92.00 234.00 -------------------------------------------------------------------------------------------- 1/ Entire month average except hay. 2/ Parity price based on data for July 2006. Source: USDA NASS Agricultural Prices July 31, 2006