FOR IMMEDIATE RELEASE:
Contact: Joe Morse
Thursday, May 1, 2008
APRIL MILK PRICES UNCHANGED FROM MARCH
Prices received by New York producers for milk sold during April were unchanged from a month earlier, according to Steve Ropel, Director of USDA=s National Agricultural Statistics Service, New York Office. The price of eggs and corn decreased. The price of wheat, oats, apples, potatoes, and hay increased. Many previous month prices were revised due to more complete sales information.
Dairy farmers in the Empire State received an average of $18.00 per hundredweight of milk sold during April, unchanged from March but $1.00 more than April a year ago. Poultry producers received an average of 86.5 cents per dozen eggs sold, down 44.5 cents from March but 24.5 cents higher than last year.
Grain corn, at $5.83 per bushel, was down 11 cents from March but increased $2.23 from last year. Hay averaged $144.00 per ton, up $23.00 from March and $22.00 more than April 2007. Oats averaged $3.47 per bushel, up 24 cents from last month and up $1.19 from April 2007. Wheat averaged $8.76 per bushel, up 46 cents from last month and $3.92 more than last year. Potatoes, at $12.00 per hundredweight, were up 60 cents from last month and increased 50 cents from March 2007. Fresh Apples at the packing house door were 34.7 cents per pound, 7.3 cents more than last year at this time.
The preliminary All Farm Products Index of Prices Received by Farmers in April, at 144 percent, based on 1990-92=100, decreased 2 points (1.4 percent) from March. The Crop Index is unchanged but the Livestock Index decreased 4 points (3.1 percent). Producers received lower commodity prices for eggs, strawberries, cattle, and wheat. Higher prices were received for corn, lettuce, onions, and soybeans. 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 cattle, strawberries, milk, and oranges offset decreased marketings of soybeans, corn, wheat, and cotton. The information in this release is available by free email subscription by subscribing to New York reports at www.nass.usda.gov/ny.