FOR IMMEDIATE RELEASE:
Contact: Joe Morse
Tuesday, September 30, 2008
SEPTEMBER MILK PRICES DECREASE FROM AUGUST
Prices received by New York producers for milk sold during September were down from a month earlier, according to Steve Ropel, Director of USDA=s National Agricultural Statistics Service, New York Office. The price of eggs, potatoes, hay, oats, and wheat also decreased. The price of apples and corn increased. Many previous month prices were revised due to more complete sales information.
Dairy farmers in the Empire State received an average of $18.50 per hundredweight of milk sold during September, down 60 cents from August and $4.30 less than September a year ago. Poultry producers received an average of 88.2 cents per dozen eggs sold, down slightly from August and 11.8 cents lower than last year.
Grain corn, at $5.60 per bushel, was up 15 cents from August and increased $1.82 from last year. Potatoes, at $16.60 per hundredweight, were down $4.40 from August but up $4.00 from last year at this time. Hay averaged $153.00 per ton, down $10.00 from August but up $37.00 from September 2007. Apples, at 43.3 cents per hundredweight, were up 7.1 cents from last year at this time. Wheat averaged $6.27 per bushel, down 38 cents from last month and 56 cents from last year. Oats, at $3.22 per bushel, were down 1 cent from August but increased $1.20 from last year.
The preliminary All Farm Products Index of Prices Received by Farmers in September, at 154 percent, based on 1990-92=100, decreased 2 points (1.3 percent) from August. The Crop Index is down 3 points (1.7 percent) and the Livestock Index decreased 3 points (2.2 percent). Producers received lower prices for wheat, hogs, soybeans, and broilers and higher prices for lettuce, turkeys, eggs, and cottonseed. 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 soybeans, corn, apples, and potatoes offset decreased marketings of cattle, wheat, broilers, and grapes. The information in this release is available by free email subscription by subscribing to New York reports at www.nass.usda.gov/ny.