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FOR IMMEDIATE RELEASE:

Contact:  Joe Morse
Monday, December 1, 2008

www.nass.usda.gov/ny

NOVEMBER MILK PRICES UNCHANGED FROM OCTOBER

Prices received by New York producers for milk sold during November were unchanged from a month earlier, according to Steve Ropel, Director of USDA=s National Agricultural Statistics Service, New York Office. The price of corn, wheat, and hay decreased.  The price of apples, eggs, and potatoes increased.  Many previous month prices were revised due to more complete sales information.

Dairy farmers in the Empire State received an average of $17.80 per hundredweight of milk sold during November, unchanged from October but $4.70 less than November a year ago.  Poultry producers received an average of 92.6 cents per dozen eggs sold, up 1.1 cents from October but 32.4 cents lower than last year.

Grain corn, at $3.77 per bushel, was down $1.45 from October but increased 30 cents from last year.  Potatoes, at $16.80 per hundredweight, were up 10 cents from October and up $4.50 from last year at this time.  Hay averaged $114.00 per ton, down $6.00 from October and down $3.00 from November 2007.  Apples, at 38.1 cents per hundredweight, were up 4.1 cents from last year at this time.  Wheat averaged $3.92 per bushel, down $1.32 from last month and $3.40 from last year. 

The preliminary All Farm Products Index of Prices Received by Farmers in November, at 139 percent, based on 1990-92=100, decreased 12 points (7.9 percent) from October. The Crop Index is down 16 points (9.5 percent) and the Livestock Index decreased 2 points (1.6 percent). Producers received lower prices for soybeans, corn, lettuce, and hogs and higher prices for tomatoes, potatoes, cucumbers, and cantaloups. 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 milk, cattle, cotton, and cottonseed offset decreased marketings of soybeans, potatoes, peanuts, and lettuce.  The information in this release is available by free email subscription by subscribing to New York reports at www.nass.usda.gov/ny.

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12-1-08