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NEWS RELEASE

Agricultural Prices
June 28, 2001

NORTH DAKOTA AGRICULTURAL PRICES

            
The Index of Prices Received for All Farm Products in June stood at 87 percent of the 1990-1992 base, according to the North Dakota Agricultural Statistics Service. This is down 1 percent from last year and down 2 percent from two years ago. The All Crops Index, at 85 percent of the base, was down 2 percent from June 2000, while the All Livestock Index, at 96 percent, was unchanged from last year. June indexes are calculated using preliminary mid-month prices.

The May Index of Prices Received for All Farm Products, recalculated with full month prices, was 87 percent of the base, down 3 percent from May 2000. The All Crops Index, at 83 percent, was down 7 percent from the previous year and the All Livestock Index, at 98 percent, was up 4 percent.

Preliminary June prices, followed by the change from May, were:
     .     Spring Wheat, $3.00 per bushel, down 3 cents;
     .     Durum Wheat, $2.55 per bushel, up 1 cent;
     .     Winter Wheat, $2.30 per bushel, up 5 cents;
     .     Feed Barley, $1.35 per bushel, up 1 cent;
     .     Malting Barley, $1.80 per bushel, up 2 cents;
     .     Oats, $1.00 per bushel, up 4 cents;
     .     Flaxseed, $4.00 per bushel, up 9 cents;
     .     Oil Sunflower, $7.20 per hundredweight (cwt.), up 29 cents;
     .     Non-Oil Sunflower, $10.00 per cwt., down 80 cents;
     .     All Dry Edible Beans, $13.60 per cwt., up $1.30;
     .     All Potatoes, $5.75 per cwt., down 25 cents;
     .     Alfalfa Hay, $49.00 per ton, up $1.00;
     .     Other Hay, $34.00 per ton, up $2.00;
     .     Steers and Heifers, $83.00 per cwt., down $1.10;
     .     Cows, $45.00 per cwt., up 20 cents;
     .     Calves, $99.00 per cwt., up 10 cents.

May whole month prices, with no preliminary June, followed by the change from April were:
     .     Soybeans, $4.01 per bushel, up 14 cents;
     .     Corn, $1.58 per bushel, down 11 cents;
     .     Rye, $1.58 per bushel, down 2 cents;
     .     Navy Beans, $10.20 per cwt., up 22 cents;
     .     Pinto Beans, $12.30 per cwt., up $1.10;
     .     Fresh Market Potatoes, $5.50 per cwt., unchanged;
     .     Potatoes for Processing, $5.40 per cwt., up 10 cents:
    .     Hogs, $50.70 per cwt., up $2.20;
     .     Lambs, $84.50 per cwt., down $5.50;
     .     Sheep, $29.70 per cwt., down $8.30.

June prices are preliminary and based on sales data for only part of the month. They will be replaced with whole month prices in next month's report. May prices are based on sales data for the entire month.

PRICES RECEIVED BY FARMERS, June 15, 2001 1/
Item Unit NORTH DAKOTA UNITED STATES Effective
    U.S. Parity Price
June 2001
June
2000 		May
2001 		June 15,
2001 		June
2000 		May
2001 		June 15,
2001
- - - Dollars - - - - - - Dollars - - - - Dollars -
Wheat, Durum Bu. 2 .61 2 .54 2 .55 2 .71 2 .66 2 .61 ---
    Other Spring Bu. 2 .96 3 .03 3 .00 2 .90 3 .15 3 .12 ---
    Winter Bu. 2 .33 2 .25 2 .30 2 .43 2 .93 2 .68 ---
    All Bu. 2 .83 2 .89 2 .86 2 .50 2 .99 2 .76 9 .67
Corn Bu. 1 .80 1 .58 --- 1 .91 1 .82 1 .76 6 .60
Rye Bu. 1 .53 1 .58 --- --- --- --- 5 .50
Oats Bu. 0 .97 0 .96 1 .00 1 .24 1 .28 1 .25 3 .77
Barley, Feed Bu. 1 .48 1 .34 1 .35 1 .73 1 .91 1 .73 ---
    Malting Bu. 2 .01 1 .78 1 .80 2 .39 2 .44 2 .10 ---
    All Bu. 1 .75 1 .58 1 .60 2 .04 2 .13 1 .89 6 .45
Sunflower, Non-Oil Cwt. 13 .80 10 .80 10 .00 --- --- --- ---
    Oil Cwt. 6 .77 6 .91 7 .20 --- --- --- ---
    All Cwt. 8 .58 7 .82 7 .76 8 .09 7 .59 7 .58 ---
Baled Hay, Alfalfa Ton 41 .00 48 .00 49 .00 85 .70 113 .00 103 .00 ---
    Other Ton 28 .00 32 .00 34 .00 70 .90 76 .60 70 .70 ---
    All Ton 40 .00 44 .00 48 .00 82 .50 106 .00 95 .80 ---
Flaxseed Bu. 3 .64 3 .91 4 .00 3 .64 3 .91 4 .00 11 .30
Soybeans Bu. 4 .46 4 .01 --- 4 .93 4 .32 4 .47 14 .40
Dry Edible Beans, Navy Cwt. 10 .30 10 .20 --- --- --- --- ---
    Pinto Cwt. 11 .30 12 .30 --- --- --- --- ---
    All Cwt. 10 .90 12 .30 13 .60 14 .70 16 .60 16 .40 47 .90
Potatoes, Fresh2/ Cwt. 4 .00 5 .50 _ 7 .32 8 .78 --- ---
    Processing Cwt. 4 .75 5 .40 --- 5 .33 5 .43 --- ---
    All Cwt. 4 .75 6 .00 5 .75 6 .14 6 .31 6 .39 13 .60
Beef Cattle Cwt. 61 .90 66 .80 62 .10 68 .50 73 .60 73 .90 158 .00
    Steers & Heifers Cwt. 79 .60 84 .10 83 .00 71 .50 77 .40 77 .50 ---
    Cows Cwt. 44 .80 44 .80 45 .00 40 .00 43 .70 43 .60 ---
Calves Cwt. 100 .00 98 .90 99 .00 104 .00 111 .00 109 .00 208 .00
Sheep Cwt. 28 .70 29 .70 --- 30 .00 34 .10 --- 72 .50
Lambs Cwt. 88 .10 84 .50 --- 89 .70 79 .00 --- 174 .00
Hogs Cwt. 49 .20 50 .70 --- 48 .90 50 .40 52 .10 103 .00
1/ Previous month and previous year prices are entire month average except hay which are mid-month prices. 2/ Fresh market prices only, includes table stock prices.
INDEX NUMBERS OF FARM PRICES
June 15, 2001
Indexes
and
Ratios 		NORTH DAKOTA UNITED STATES
June
2000 		May
2001 		June 15,
2001 		June
2000 		May
2001 		June 15,
2001
PRICES RECEIVED     (1990-92 = 100)
ALL FARM PRODUCTS 88 87 87 98 108 107
CROPS 87 83 85 98 105 101
Food Grains 91 90 92 84 95 91
Feed Grains & Hay 85 74 79 90 91 90
Oil Bearing Crops 1/ 78 71 71 88 77 80
Other Crops 2/ 80 83 84 101 105 106
LIVESTOCK 96 98 96 98 110 113
Meat Animals 96 98 96 97 103 104
Dairy Products 95 97 95 94 118 124
Poultry & Eggs 98 97 98 106 115 117
PRICES PAID --- --- --- 120 123 123
RATIO3/ --- --- --- 82 88 87
1/ ND includes non-oil sunflower. 2/ Potatoes, dry edible beans, and sugarbeets. 3/ Ratio of Index of Prices Received to Index of Prices Paid.

FOR MORE INFORMATION CONTACT:
North Dakota Agricultural Statistics Service
NDSU, IACC Bldg., Room 448
P.O. Box 3166
Fargo, ND 58108-3166
Telephone: (701) 239-5306
E-Mail: nass-nd@nass.usda.gov

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