Agricultural Prices ISSN: 1937-4216 Released December 29, 2023, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). November Prices Received Index Down 0.1 Percent The November Prices Received Index 2011 Base (Agricultural Production), at 113.2, decreased 0.1 percent from October and 15 percent from November 2022. At 99.8, the Crop Production Index is down 3.0 percent from last month and 20 percent from the previous year. The Livestock Production Index, at 134.0, increased 0.6 percent from October, but decreased 6.7 percent from November last year. Producers received lower prices during November for corn, hogs, cattle, and turkeys but higher prices for market eggs, soybeans, strawberries, and lettuce. In addition to prices, the volume change of commodities marketed also influences the indexes. In November, there was decreased marketing of soybeans, grapes, wheat, and dry beans but increased monthly movement for corn, cattle, milk, and cotton. November Prices Paid Index Down 0.4 Percent The November Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 138.4, is down 0.4 percent from October and 0.3 percent from November 2022. Lower prices in November for feeder cattle, diesel, feed grains, and supplements more than offset higher prices for nitrogen, concentrates, repairs, and complete feeds. Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 2011 Base - United States: November 2023 with Comparisons ------------------------------------------------------------------------------------ : November : October : November Index Group : 2022 : 2023 : 2023 ------------------------------------------------------------------------------------ : percent percent percent : : Prices received by farmers ...............: 132.4 113.3 113.2 : Prices paid by farmers ...................: 138.8 138.9 138.4 : Ratio of prices received to prices paid ..: 95 81 82 ------------------------------------------------------------------------------------ Contents Prices Received by Farmers........................................................................... 4 Prices Received Indexes, 2011 Base - United States: November 2023 with Comparisons................... 5 Prices Received Indexes, 1910-1914 Base - United States: November 2023 with Comparisons.............. 5 Prices Received Indexes, 2011 Base by Month for Selected Groups - United States: 2022 and 2023....... 5 Prices Paid Indexes, 2011 Base by Month for Selected Groups - United States: 2022 and 2023........... 6 Prices Received for Field Crops and Fruits - United States: November 2023 with Comparisons........... 7 Prices Received for Vegetables and Livestock - United States: November 2023 with Comparisons......... 8 Prices Received for All Wheat, Corn, and Soybeans by Month - United States: 2023 with Comparisons.... 9 Prices Received for Beef Cattle and All Hogs by Month - United States: 2023 with Comparisons......... 9 Prices Received for All Wheat - States and United States: November 2023 with Comparisons............. 10 Prices Received for Winter Wheat - States and United States: November 2023 with Comparisons.......... 10 Prices Received for Durum Wheat - States and United States: November 2023 with Comparisons........... 11 Prices Received for Spring Wheat - States and United States: November 2023 with Comparisons.......... 11 Prices Received for Oats - States and United States: November 2023 with Comparisons.................. 11 Prices Received for All Barley - States and United States: November 2023 with Comparisons............ 12 Prices Received for Feed Barley - States and United States: November 2023 with Comparisons........... 12 Prices Received for Malting Barley - States and United States: November 2023 with Comparisons........ 12 Prices Received for Corn - States and United States: November 2023 with Comparisons.................. 13 Prices Received for Sorghum Grain - States and United States: November 2023 with Comparisons......... 13 Prices Received for Soybeans - States and United States: November 2023 with Comparisons.............. 14 Prices Received for Dry Beans - States and United States: November 2023 with Comparisons............. 14 Prices Received for Canola - States and United States: November 2023 with Comparisons................ 15 Prices Received for Flaxseed - States and United States: November 2023 with Comparisons.............. 15 Prices Received for Peanuts (in shell) - States and United States: November 2023 with Comparisons.... 15 Prices Received for Sunflower - States and United States: November 2023 with Comparisons............. 15 Prices Received for Upland Cotton and Cottonseed - States and United States: November 2023 with Comparisons.................................................................................. 16 Prices Received and Marketings for Upland Cotton and Rice - United States: November 2023 with Comparisons.................................................................................. 16 Prices Received for Hay by Type - States and United States: November 2023 with Comparisons........... 17 Prices Received for Premium and Supreme Alfalfa Hay - States and 5-State Total: November 2023........ 17 Prices Received for Citrus Fruits by Utilization - States and United States: November 2022........... 18 Prices Received for Citrus Fruits by Utilization - States and United States: October 2023............ 18 Prices Received for Citrus Fruits by Utilization - States and United States: November 2023........... 18 Prices Received for All Milk - States and United States: November 2023 with Comparisons.............. 19 Prices Received for Milk Cows - States and United States: October 2023 with Comparisons.............. 19 Parity Price Overview................................................................................ 20 Commodity Parity Prices and Price as Percent of Parity Price - United States: November 2023 with Comparisons.................................................................................. 21 Commodity Parity Prices - United States: November 2023 with Comparisons.............................. 22 Marketing Year for Specified Commodities............................................................. 24 Prices Received for Hops - States and United States: 2022-2023....................................... 24 Reliability of Prices Received Estimates............................................................. 25 Prices Paid by Farmers............................................................................... 26 Prices Paid Indexes and Related Parity Ratios - United States: November 2023 with Comparisons........ 27 Prices Paid Indexes and Annual Weights for Input Components and Sub-components - United States: November 2023 with Comparisons.................................................................... 28 Feed Price Ratios - United States: November 2023 with Comparisons.................................... 29 Prices Received Used to Calculate Feed Price Ratios - United States: November 2023 with Comparisons.. 29 Prices Paid for Feeder Livestock - United States: November 2023 with Comparisons..................... 29 Prices Paid by Farmers and Ranchers for Beef Cattle Production....................................... 30 Prices Paid Index for Beef Cattle Production, 1964-1968 Base - United States: 2021-2023.............. 30 Prices Received for Beef Cattle - Selected Regions: 2021-2023........................................ 30 Reliability of Prices Paid Estimates................................................................. 31 Information Contacts................................................................................. 32 November Prices Received by Farmers Crop production: The November index, at 99.8, is 3.0 percent lower than October and 20 percent lower than November 2022. The grain & oilseed, fruit & tree nut, and other crop index decreases more than offset the vegetable & melon index increase. Grain and oilseed: The November index, at 88.9, is down 5.4 percent from October and 20 percent from November 2022. Feed grain and food grain index decreases more than offset the oilseed index increase. Feed grain: The November index, at 78.2, decreased 5.3 percent from last month and 28 percent from a year ago. The corn price, at $4.66 per bushel, is down 27 cents from last month and $1.83 from November 2022. Food grain: At 102.8, the index for November decreased 3.5 percent from the previous month and 18 percent from a year ago. The November price for all wheat, at $6.53 per bushel, is 45 cents lower than October and $2.62 lower than November 2022. The November price for rice, at $17.70 per cwt, is 10 cents higher than October but 60 cents lower than November 2022. Oilseed: At 103.6, the index for November increased 2.2 percent from October but decreased 7.4 percent from November 2022. The soybean price, at $13.00 per bushel, is 30 cents higher than October but $1.00 lower than November a year earlier. Fruit and tree nut: The November index, at 145.9, is down 4.6 percent from October but up 5.5 percent from a year earlier. Price decreases during November for apples and lemons more than offset price increases for strawberries, grapes, grapefruit, and oranges. Vegetable and melon: At 142.3, the index for November is up 10 percent from the previous month but down 53 percent from November 2022. Price increases during November for lettuce, tomatoes, celery, and broccoli more than offset price declines for cauliflower, cantaloupes, and potatoes. Other crop: The November index, at 100.2, is down 7.6 percent from the previous month and 11 percent from November 2022. The all hay price, at $195.00 per ton, is down $6.00 from October and $43.00 from November 2022. At 72.4 cents per pound, the price for upland cotton is 2.7 cents lower than October and 7.7 cents lower than November 2022. Livestock production: The index for November, at 134.0, increased 0.6 percent from the previous month but decreased 6.7 percent from November 2022. Poultry & egg and dairy index increases more than offset the lower meat animal index. Meat animal: At 139.5, the November index decreased 2.2 percent from the previous month but increased 12 percent from a year earlier. At $57.50 per cwt, the November hog price is $2.90 lower than October and $9.20 lower than a year earlier. The November beef cattle price of $180.00 per cwt is $2.00 lower than the previous month but $29.00 higher than November 2022. Dairy: The index for November, at 108.0, is up 0.5 percent from the previous month but down 15 percent from November a year ago. The November all milk price of $21.70 per cwt is 10 cents higher than October but $3.70 lower than November 2022. Poultry and egg: At 145.5, the November index increased 9.2 percent from October but decreased 31 percent from November 2022. The November market egg price, at $1.61 per dozen, is 68.3 cents higher than October but $1.82 lower than November 2022. The November broiler price, at 66.5 cents per pound, is 1.6 cents higher than October but 6.4 cents lower than a year ago. At 65.2 cents per pound, the November turkey price is 9.8 cents lower than the previous month and 61.8 cents lower than November 2022. Food Commodities: The index, at 127.4, increased 4.2 percent from the previous month but decreased 11 percent from November 2022. Prices Received Indexes, 2011 Base - United States: November 2023 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov] -------------------------------------------------------------------- : 2011 Base :----------------------------------- : November : October : November Index Group : 2022 : 2023 : 2023 -------------------------------------------------------------------- : percent : Agricultural production ........: 132.4 113.3 113.2 Crop production ..............: 125.2 102.9 99.8 Grain and oilseed ..........: 110.9 94.0 88.9 Feed grain ...............: 108.7 82.6 78.2 Food grain ...............: 125.7 106.5 102.8 Oilseed ..................: 111.9 101.4 103.6 Fruit and tree nut .........: 138.3 152.9 145.9 Vegetable and melon ........: 302.9 129.2 142.3 Other crop .................: 112.7 108.5 100.2 : Livestock production .........: 143.6 133.2 134.0 Meat animal ................: 124.7 142.7 139.5 Cattle ...................: 132.7 163.9 161.9 Hog ......................: 100.3 90.8 86.5 Dairy ......................: 126.4 107.5 108.0 Poultry and egg ............: 209.5 133.3 145.5 : Food commodity .................: 143.6 122.3 127.4 -------------------------------------------------------------------- Prices Received Indexes, 1910-1914 Base - United States: November 2023 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov] -------------------------------------------------------------------- : 1910 - 1914 Base :----------------------------------- : November : October : November Index Group : 2022 : 2023 : 2023 -------------------------------------------------------------------- : percent : Agricultural production ........: 1366 1169 1168 Crop production ..............: 1092 897 870 Livestock production .........: 1669 1547 1557 -------------------------------------------------------------------- Prices Received Indexes, 2011 Base by Month for Selected Groups - United States: 2022 and 2023 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank data cells indicate estimation period has not yet begun] ------------------------------------------------------------------------------- : 2011 Base :--------------------------------------------------------------- Month : Agricultural : Crop : Livestock : Food : production : production : production : commodities :--------------------------------------------------------------- : 2022 : 2023 : 2022 : 2023 : 2022 : 2023 : 2022 : 2023 ------------------------------------------------------------------------------- : -- percent -- -- percent -- -- percent -- -- percent -- : January .......: 110.5 123.8 103.2 116.9 123.6 136.4 117.0 130.9 February ......: 118.2 125.6 111.6 118.7 125.6 133.3 123.1 130.6 March .........: 125.8 127.5 118.0 116.9 133.9 138.3 131.3 133.1 April .........: 132.2 130.1 119.7 124.3 144.8 135.7 137.5 135.6 May ...........: 133.4 126.3 121.0 118.6 145.6 133.7 138.4 131.1 June ..........: 133.8 126.7 124.0 118.9 144.5 135.1 138.3 131.5 July ..........: 132.8 124.2 122.5 117.9 146.2 132.4 137.4 129.6 August ........: 130.2 124.5 125.9 115.7 134.9 134.3 133.5 131.9 September .....: 130.0 120.8 124.7 110.7 136.6 133.1 133.6 128.9 October .......: 126.7 113.3 120.2 102.9 139.2 133.2 132.4 122.3 November ......: 132.4 113.2 125.2 99.8 143.6 134.0 143.6 127.4 December ......: 136.9 127.1 150.8 148.8 ------------------------------------------------------------------------------- Prices Paid Indexes, 2011 Base by Month for Selected Groups - United States: 2022 and 2023 [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Blank data cells indicate estimation period has not yet begun] ------------------------------------------------------------------------------- : 2011 Base :--------------------------------------------------------------- Month : All items : : Crop : Livestock : (PPITW) : Production : sector : sector :--------------------------------------------------------------- : 2022 : 2023 : 2022 : 2023 : 2022 : 2023 : 2022 : 2023 ------------------------------------------------------------------------------- : -- percent -- -- percent -- -- percent -- -- percent -- : January .......: 131.0 140.3 129.1 138.9 133.4 141.0 128.5 139.6 February ......: 133.1 140.3 131.7 138.8 134.8 140.3 131.2 140.3 March .........: 135.0 140.3 134.1 138.8 136.7 139.7 133.3 140.9 April .........: 137.6 139.7 137.9 138.3 140.0 138.4 135.1 141.1 May ...........: 137.8 138.9 137.9 137.1 140.3 137.5 135.2 140.4 June ..........: 138.3 138.5 138.2 136.4 140.8 136.5 135.7 140.6 July ..........: 138.7 138.6 138.3 136.2 140.6 136.3 136.7 141.0 August ........: 139.3 138.8 139.2 136.2 140.8 136.7 137.7 140.9 September .....: 138.8 138.7 138.5 136.1 140.0 136.6 137.6 140.9 October .......: 138.6 138.9 138.0 136.1 140.0 137.0 137.1 140.8 November ......: 138.8 138.4 138.3 135.5 140.2 136.9 137.4 139.9 December ......: 138.4 137.9 139.3 137.5 ------------------------------------------------------------------------------- Prices Received for Field Crops and Fruits - United States: November 2023 with Comparisons ------------------------------------------------------------------------------------------------------ : 2011 : : : Commodity : Base Price :November 2022 : October 2023 :November 2023 ------------------------------------------------------------------------------------------------------ : Field crops : Barley, all ...............dollars/bushel: 4.79 7.36 7.16 7.77 Feed .....................dollars/bushel: 4.59 6.14 4.79 5.18 Malting ..................dollars/bushel: 4.83 7.50 7.65 8.10 Beans, dry edible ............dollars/cwt: 34.60 40.90 42.70 40.60 Canola .......................dollars/cwt: 23.10 29.20 23.60 25.50 Chickpeas, all ...............dollars/cwt: 35.70 34.10 36.20 39.50 Large .......................dollars/cwt: 39.20 34.80 36.20 38.30 Small .......................dollars/cwt: 23.40 29.50 36.70 (D) Corn ......................dollars/bushel: 6.02 6.49 4.93 4.66 : Cotton, Upland .............dollars/pound: 0.880 0.801 0.751 0.724 Cottonseed ...................dollars/ton: 131.00 281.00 233.00 226.00 Flaxseed ..................dollars/bushel: 14.20 19.50 13.00 12.20 Hay, all, baled ..............dollars/ton: 159.00 238.00 201.00 195.00 Alfalfa .....................dollars/ton: 176.00 267.00 217.00 207.00 Other .......................dollars/ton: 119.00 184.00 164.00 170.00 Lentils ......................dollars/cwt: 27.50 34.50 39.00 39.60 Oats ......................dollars/bushel: 3.42 4.36 3.77 3.92 Peanuts, in-shell ..........dollars/pound: 0.252 0.288 0.267 0.295 : Peas, dry edible .............dollars/cwt: 13.60 14.60 14.80 15.60 Rice, all ....................dollars/cwt: 13.70 18.30 17.60 17.70 Long ........................dollars/cwt: 12.30 16.20 15.40 15.60 Medium and short ............dollars/cwt: 18.40 28.40 25.60 27.60 Sorghum grain ................dollars/cwt: 10.70 12.80 9.43 9.05 Soybeans ..................dollars/bushel: 12.50 14.00 12.70 13.00 Sunflowers, all ..............dollars/cwt: 29.00 28.40 20.10 22.60 : Wheat, all ................dollars/bushel: 7.44 9.15 6.98 6.53 Winter ...................dollars/bushel: 6.93 8.91 6.43 6.10 Durum ....................dollars/bushel: 9.22 10.40 10.10 9.53 Other spring .............dollars/bushel: 8.33 9.24 7.22 6.85 Hard red winter ..........dollars/bushel: 7.07 9.09 6.56 6.12 Soft red winter ..........dollars/bushel: 6.77 8.07 5.94 5.61 Hard red spring ..........dollars/bushel: 8.38 9.29 7.27 6.90 White ....................dollars/bushel: 6.58 8.67 6.40 6.28 : Fruits : Citrus, equivalent on-tree : Grapefruit ..................dollars/box: 7.47 27.42 19.60 28.22 Lemons ......................dollars/box: 12.30 22.36 34.99 28.51 Oranges .....................dollars/box: 8.16 17.77 17.31 20.33 : Non-citrus, fresh 1/ : Apples ...................dollars/pound: 0.325 0.841 0.742 0.686 Grapes .....................dollars/ton: 598.00 2,270.00 3,350.00 3,440.00 Peaches ....................dollars/ton: 507.00 (S) 2,320.00 (S) Pears ......................dollars/ton: 559.00 1,260.00 1,310.00 1,340.00 Strawberries ................dollars/cwt: 104.00 349.00 139.00 257.00 ------------------------------------------------------------------------------------------------------ (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. 1/ Beginning February 2020, price reflects FOB shipping point basis. Prices Received for Vegetables and Livestock - United States: November 2023 with Comparisons [Price data source for potato, livestock, and poultry commodities is United States Department of Agriculture's Agricultural Marketing Service] ------------------------------------------------------------------------------------------------------ : 2011 : : : Commodity : Base Price :November 2022 : October 2023 :November 2023 ------------------------------------------------------------------------------------------------------ : Vegetables, fresh 1/ : Asparagus ....................dollars/cwt: 37.50 (S) (S) (S) Beans, snap ..................dollars/cwt: 69.00 125.00 121.00 105.00 Broccoli .....................dollars/cwt: 41.60 181.00 85.00 91.20 Cantaloupes ..................dollars/cwt: 16.50 50.00 37.80 27.80 Carrots ......................dollars/cwt: 30.80 49.70 56.00 57.10 Cauliflower ..................dollars/cwt: 47.00 263.00 78.00 61.30 Celery .......................dollars/cwt: 22.50 97.40 55.70 65.80 Corn, sweet ..................dollars/cwt: 30.70 55.00 42.90 48.50 Cucumbers ....................dollars/cwt: 18.70 43.00 28.90 31.40 Lettuce, head ................dollars/cwt: 24.30 181.00 23.20 33.30 Onions 2/ ....................dollars/cwt: 11.90 32.70 25.80 26.00 Potatoes .....................dollars/cwt: 14.30 20.40 11.90 11.60 Tomatoes .....................dollars/cwt: 51.20 131.00 50.90 72.30 : Livestock : Calves .......................dollars/cwt: 142.00 203.00 297.00 290.00 Cattle, all beef .............dollars/cwt: 115.00 151.00 182.00 180.00 Cows 3/ .....................dollars/cwt: 71.60 78.40 108.00 104.00 Steers and heifers ..........dollars/cwt: 117.00 154.00 186.00 184.00 Milk cows 4/ ................dollars/head: 1,420.00 (NA) 1,850.00 (NA) Hogs, all ....................dollars/cwt: 66.50 66.70 60.40 57.50 Barrows and gilts ...........dollars/cwt: 66.80 66.90 61.50 57.50 Sows ........................dollars/cwt: 57.90 63.80 39.50 58.10 : Dairy and poultry : Milk, all 5/ .................dollars/cwt: 20.10 25.40 21.60 21.70 Fat test ........................percent: 4.32 4.23 4.21 4.32 Broilers, live 6/ ..........dollars/pound: 0.459 0.729 0.649 0.665 Eggs, all ..................dollars/dozen: 0.969 3.34 1.20 1.78 Market 7/ .................dollars/dozen: 0.796 3.43 0.927 1.61 Turkeys, live 8/ ...........dollars/pound: 0.680 1.27 0.750 0.652 : Adjusted for seasonal variation : Eggs, all ..................dollars/dozen: 0.979 2.94 1.34 1.59 Seasonal factor .................percent: 101 114 89 112 Milk, all ....................dollars/cwt: 20.20 24.70 21.10 21.20 Seasonal factor .................percent: 100 103 102 102 ------------------------------------------------------------------------------------------------------ (NA) Not available. (S) Insufficient number of reports to establish an estimate. 1/ Beginning February 2020, price reflects FOB shipping point basis 2/ Includes some processing. 3/ Beef cows and cull dairy cows sold for slaughter. 4/ Animals sold for dairy herd replacement only. Prices available for January, April, July, and October. 5/ Before deductions for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies. 6/ Live weight equivalent price. 7/ Also referred to as table eggs. 8/ Live weight equivalent price is used when actual live weight price is not available. Beginning January 2011, price reflects FOB shipping point basis. Prior year price reflects delivered basis. Prices Received for All Wheat, Corn, and Soybeans by Month - United States: 2023 with Comparisons [Blank data cells indicate estimation period has not yet begun] ------------------------------------------------------------------------------------------------------------------------ : All wheat : Corn : Soybeans Month :----------------------------------------------------------------------------------------------------------- : 2021 : 2022 : 2023 : 2021 : 2022 : 2023 : 2021 : 2022 : 2023 ------------------------------------------------------------------------------------------------------------------------ : dollars per bushel : January ....: 5.48 8.48 8.81 4.24 5.58 6.63 10.90 12.90 14.50 February ...: 5.83 9.16 8.54 4.75 6.09 6.80 12.70 14.70 15.10 March ......: 5.86 9.93 8.35 4.89 6.56 6.67 13.20 15.40 14.90 April ......: 6.04 10.20 8.31 5.31 7.07 6.70 13.90 15.80 14.90 May ........: 6.46 10.90 8.07 5.91 7.26 6.54 14.80 16.10 14.40 June .......: 6.23 9.61 7.67 6.00 7.38 6.49 14.50 16.40 14.20 July .......: 6.26 8.69 7.61 6.12 7.25 6.22 14.10 15.50 14.70 August .....: 7.14 8.55 7.35 6.32 7.24 5.73 13.70 15.30 14.10 September ..: 7.75 8.78 7.07 5.47 7.09 5.21 12.20 14.20 13.20 October ....: 7.92 9.18 6.98 5.02 6.49 4.93 11.90 13.50 12.70 November ...: 8.52 9.15 6.53 5.26 6.49 4.66 12.10 14.00 13.00 December ...: 8.59 8.97 5.47 6.58 12.50 14.40 ------------------------------------------------------------------------------------------------------------------------ Prices Received for Beef Cattle and All Hogs by Month - United States: 2023 with Comparisons [Price data source for livestock commodities is United States Department of Agriculture's Agricultural Marketing Service. Blank data cells indicate estimation period has not yet begun] ---------------------------------------------------------------------------------- : Beef cattle 1/ : All hogs 2/ Month :----------------------------------------------------------------------- : 2021 : 2022 : 2023 : 2021 : 2022 : 2023 ---------------------------------------------------------------------------------- : dollars per cwt : January ..: 110.00 135.00 156.00 50.20 58.80 58.50 February .: 112.00 137.00 158.00 56.40 68.60 59.60 March ....: 113.00 139.00 164.00 67.20 75.10 61.70 April ....: 118.00 139.00 171.00 75.60 76.20 57.00 May ......: 118.00 141.00 173.00 79.30 75.90 58.80 June .....: 121.00 140.00 181.00 82.70 78.70 64.60 July .....: 122.00 142.00 181.00 80.00 83.00 74.30 August ...: 123.00 141.00 182.00 79.00 85.80 73.70 September : 124.00 143.00 181.00 70.80 73.80 64.90 October ..: 123.00 145.00 182.00 65.50 70.50 60.40 November .: 129.00 151.00 180.00 58.60 66.70 57.50 December .: 137.00 154.00 56.50 62.50 ---------------------------------------------------------------------------------- 1/ Cows and steers & heifers. 2/ Barrows & gilts and sows. Prices Received for All Wheat - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : Arizona ............: (D) (D) (S) Arkansas ...........: (S) (S) 5.06 California .........: (D) (D) (D) Colorado ...........: 8.76 6.03 5.58 Idaho ..............: 8.49 7.11 6.58 Illinois ...........: 8.56 5.67 5.50 Indiana ............: 7.64 6.12 5.28 Kansas .............: 9.16 6.63 6.22 Michigan ...........: 8.73 5.19 4.87 Minnesota ..........: 9.52 7.40 6.93 : Missouri ...........: 8.40 6.75 6.15 Montana ............: 9.53 7.52 6.95 Nebraska ...........: 8.82 6.31 5.96 North Carolina .....: 8.48 5.84 5.39 North Dakota .......: 9.15 7.64 7.15 Ohio ...............: 7.63 5.35 5.33 Oklahoma ...........: 8.65 6.67 5.75 Oregon .............: (D) (S) (D) South Dakota .......: 9.02 6.66 6.36 Texas ..............: 9.24 6.97 5.65 Washington .........: 8.42 6.03 6.38 : United States ......: 9.15 6.98 6.53 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Winter Wheat - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : Arkansas ...........: (S) (S) 5.06 California .........: (S) (D) (D) Colorado ...........: 8.76 6.03 5.58 Idaho ..............: 8.45 7.03 6.51 Illinois ...........: 8.56 5.67 5.50 Indiana ............: 7.64 6.12 5.28 Kansas .............: 9.16 6.63 6.22 Michigan ...........: 8.73 5.19 4.87 Missouri ...........: 8.40 6.75 6.15 : Montana ............: 9.02 6.55 6.29 Nebraska ...........: 8.82 6.31 5.96 North Carolina .....: 8.48 5.84 5.39 North Dakota .......: 8.48 6.65 6.40 Ohio ...............: 7.63 5.35 5.33 Oklahoma ...........: 8.65 6.67 5.75 Oregon .............: (D) (S) (D) South Dakota .......: 9.01 6.40 5.77 Texas ..............: 9.24 6.97 5.65 Washington .........: 8.39 5.99 6.38 : United States ......: 8.91 6.43 6.10 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Durum Wheat - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : Arizona ............: (D) (D) (S) California .........: (D) (D) (S) Idaho ..............: (S) (S) (S) Montana ............: (D) (D) (D) North Dakota .......: 10.00 9.99 9.32 : United States ......: 10.40 10.10 9.53 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Spring Wheat - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : Idaho ..............: 8.60 7.40 6.77 Minnesota ..........: 9.52 7.40 6.93 Montana ............: 9.93 7.41 7.26 North Dakota .......: 9.00 7.21 6.57 South Dakota .......: 9.03 6.74 6.79 Washington .........: 8.65 6.31 6.36 : United States ......: 9.24 7.22 6.85 -------------------------------------------------------------------------------- Prices Received for Oats - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : Illinois ...........: (D) (D) (D) Iowa ...............: (D) 4.64 4.61 Michigan ...........: (D) 4.37 (S) Minnesota ..........: 4.26 3.73 3.93 Montana ............: (S) (S) (S) Nebraska ...........: (D) (D) 3.57 New York ...........: (S) (S) (D) North Dakota .......: 3.87 3.78 3.97 Oregon .............: (S) (S) (S) Pennsylvania .......: 5.57 (S) (D) South Dakota .......: 3.90 3.45 3.53 Texas ..............: (D) (S) (S) Wisconsin ..........: 4.61 3.97 3.34 : United States ......: 4.36 3.77 3.92 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for All Barley - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : California .........: (S) (D) (S) Colorado ...........: 7.16 7.33 7.73 Idaho ..............: 7.26 8.16 8.39 Minnesota ..........: (S) (D) (D) Montana ............: 7.09 6.92 7.13 North Dakota .......: 7.71 (D) (D) Washington .........: 7.20 5.28 9.76 Wyoming ............: (D) 7.50 8.13 : United States ......: 7.36 7.16 7.77 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Feed Barley - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : California .........: (S) (D) (S) Colorado ...........: (D) (D) (D) Idaho ..............: 6.21 (D) 5.99 Minnesota ..........: (S) (D) (D) Montana ............: 6.81 5.09 (D) North Dakota .......: 6.14 (D) (D) Washington .........: 5.73 4.29 4.64 Wyoming ............: (S) (S) (S) : United States ......: 6.14 4.79 5.18 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Malting Barley - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : California .........: (S) (S) (S) Colorado ...........: 7.22 7.33 7.73 Idaho ..............: (D) 8.18 8.42 Minnesota ..........: (S) (D) (D) Montana ............: 7.10 7.23 7.30 North Dakota .......: 8.09 (D) (D) Washington .........: (D) (D) (D) Wyoming ............: (D) 7.50 8.13 : United States ......: 7.50 7.65 8.10 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Corn - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : Colorado ...........: 7.32 5.73 5.23 Illinois ...........: 6.29 4.80 4.67 Indiana ............: 6.41 4.85 4.52 Iowa ...............: 6.50 4.96 4.74 Kansas .............: 7.16 5.02 4.84 Kentucky ...........: 6.69 4.90 4.88 Michigan ...........: 6.11 4.82 4.29 Minnesota ..........: 6.28 4.92 4.70 Missouri ...........: 6.83 4.78 4.77 Nebraska ...........: 6.83 5.06 4.85 : North Carolina .....: 7.70 5.61 5.23 North Dakota .......: 6.01 4.88 4.35 Ohio ...............: 6.31 4.85 4.40 Pennsylvania .......: 7.10 5.16 4.94 South Dakota .......: 6.45 4.74 4.47 Tennessee ..........: 6.04 4.57 4.93 Texas ..............: 7.59 5.84 5.68 Wisconsin ..........: 6.08 4.80 4.40 : United States ......: 6.49 4.93 4.66 -------------------------------------------------------------------------------- Prices Received for Sorghum Grain - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per cwt : Kansas .............: 12.70 9.11 8.79 Nebraska ...........: 11.80 8.86 8.53 Oklahoma ...........: 13.00 9.19 8.73 Texas ..............: 13.20 10.30 9.89 : United States ......: 12.80 9.43 9.05 -------------------------------------------------------------------------------- Prices Received for Soybeans - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : Arkansas ...........: 14.00 13.20 12.90 Illinois ...........: 13.80 12.80 13.10 Indiana ............: 14.10 12.80 13.10 Iowa ...............: 14.20 12.60 13.20 Kansas .............: 14.20 12.50 13.00 Kentucky ...........: 14.00 13.00 13.20 Louisiana ..........: 14.10 13.30 13.40 Michigan ...........: 14.30 12.90 13.30 Minnesota ..........: 13.80 12.50 12.90 Mississippi ........: (D) 13.30 13.60 : Missouri ...........: 13.60 12.70 13.10 Nebraska ...........: 14.10 12.60 12.80 North Carolina .....: 14.10 13.20 13.00 North Dakota .......: 13.80 12.40 12.40 Ohio ...............: 14.10 12.60 13.10 South Dakota .......: 14.20 12.40 12.80 Tennessee ..........: 13.70 12.40 13.00 Wisconsin ..........: 14.00 12.40 12.80 : United States ......: 14.00 12.70 13.00 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Dry Beans - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per cwt : California .........: (D) (D) (D) Colorado ...........: (D) (D) (D) Idaho ..............: 44.10 (D) (D) Michigan ...........: 42.30 44.40 44.90 Minnesota ..........: (S) 41.00 38.50 Nebraska ...........: (D) (D) (D) North Dakota .......: 38.90 38.40 39.50 : United States ......: 40.90 42.70 40.60 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Canola - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per cwt : Minnesota ..........: (S) (S) (D) Montana ............: (D) (D) (D) North Dakota .......: 29.20 23.60 25.60 Oklahoma ...........: (S) (S) (S) : United States ......: 29.20 23.60 25.50 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received for Flaxseed - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per bushel : North Dakota .......: 19.50 13.00 12.20 : United States ......: 19.50 13.00 12.20 -------------------------------------------------------------------------------- Prices Received for Peanuts (in shell) - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per pound : Alabama ............: 0.268 0.228 0.237 Arkansas ...........: 0.262 0.252 0.271 Florida ............: 0.269 0.276 0.263 Georgia ............: 0.240 0.246 0.254 Mississippi ........: 0.298 0.225 0.133 New Mexico .........: 0.540 0.293 0.483 North Carolina .....: 0.279 0.268 0.271 Oklahoma ...........: 0.341 0.306 0.328 South Carolina .....: 0.230 0.255 0.269 Texas ..............: 0.542 0.400 0.584 Virginia ...........: 0.300 0.279 0.277 : United States ......: 0.288 0.267 0.295 -------------------------------------------------------------------------------- Prices Received for Sunflower - States and United States: November 2023 with Comparisons -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per cwt : Kansas .............: 26.50 (D) (D) Minnesota ..........: (D) (D) (D) North Dakota .......: 28.60 20.90 23.70 South Dakota .......: 28.20 16.00 19.80 : United States ......: 28.40 20.10 22.60 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Upland Cotton and Cottonseed - States and United States: November 2023 with Comparisons [Cottonseed marketing year August - February] -------------------------------------------------------------------------------------------------------- : Cotton, Upland : Cottonseed State :----------------------------------------------------------------------------------- : November : October : November : November : October : November : 2022 : 2023 : 2023 : 2022 : 2023 : 2023 -------------------------------------------------------------------------------------------------------- : -------- dollars per pound -------- --------- dollars per ton -------- : Alabama ............: (D) (D) 0.636 206.00 188.00 177.00 Arizona ............: 0.862 (S) (S) 434.00 350.00 297.00 Arkansas ...........: 0.640 (D) (D) (S) 224.00 235.00 California .........: (D) (S) (S) 510.00 410.00 375.00 Georgia ............: 0.997 (D) 0.818 263.00 161.00 166.00 Louisiana ..........: 0.971 0.756 0.639 (S) 292.00 (S) Mississippi ........: (D) 0.728 0.706 349.00 270.00 255.00 North Carolina .....: 0.957 (D) 0.783 275.00 221.00 229.00 Tennessee ..........: (D) (D) 0.692 356.00 237.00 244.00 Texas ..............: 0.771 0.721 0.686 388.00 231.00 251.00 : United States ......: 0.801 0.751 0.724 281.00 233.00 226.00 -------------------------------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (S) Insufficient number of reports to establish an estimate. Prices Received and Marketings for Upland Cotton and Rice - United States: November 2023 with Comparisons ----------------------------------------------------------------------------------------------- Item : November 2022 : October 2023 : November 2023 ----------------------------------------------------------------------------------------------- : Cotton, Upland : Average price ......dollars/pound: 0.801 0.751 0.724 Marketings 1/ ........1,000 bales: 1,125 793 1,555 : Rice, all : Average price ........dollars/cwt: 18.30 17.60 17.70 Marketings 2/ ..........1,000 cwt: 9,249 15,236 15,400 : Rice, long : Average price ........dollars/cwt: 16.20 15.40 15.60 Marketings 2/ ..........1,000 cwt: 7,676 12,012 12,731 : Rice, medium and short : California : Average price ........dollars/cwt: 34.60 35.20 34.80 : Other States 3/ : Average price ........dollars/cwt: 17.50 18.90 16.70 : United States : Average price ........dollars/cwt: 28.40 25.60 27.60 Marketings 2/ ..........1,000 cwt: 1,573 3,224 2,669 ----------------------------------------------------------------------------------------------- 1/ Marketings based on a survey of cotton buyers in the major producing States - Alabama, Arizona, Arkansas, California, Georgia, Louisiana, Mississippi, North Carolina, Tennessee, and Texas. 2/ Purchases by private firms and rice (rough equivalent) shipped by cooperatives. 3/ Other States include Arkansas, Louisiana, Mississippi, Missouri, and Texas. Prices Received for Hay by Type - States and United States: November 2023 with Comparisons ------------------------------------------------------------------------------------------------------------------------- : All hay : Alfalfa hay : Other hay State :-------------------------------------------------------------------------------------------------- : November : October : November : November : October : November : November : October : November : 2022 : 2023 : 2023 : 2022 : 2023 : 2023 : 2022 : 2023 : 2023 ------------------------------------------------------------------------------------------------------------------------- : dollars per ton : Arizona ..............: 341.00 214.00 214.00 350.00 215.00 215.00 245.00 145.00 135.00 California ...........: 336.00 221.00 215.00 350.00 230.00 220.00 285.00 185.00 200.00 Colorado .............: 257.00 254.00 255.00 260.00 255.00 255.00 250.00 250.00 250.00 Idaho ................: 258.00 200.00 195.00 260.00 200.00 195.00 230.00 200.00 195.00 Illinois .............: 171.00 161.00 167.00 190.00 175.00 180.00 120.00 135.00 135.00 Iowa .................: 172.00 170.00 182.00 176.00 185.00 189.00 152.00 147.00 149.00 Kansas ...............: 227.00 215.00 203.00 260.00 245.00 230.00 147.00 163.00 153.00 Kentucky .............: 178.00 190.00 194.00 222.00 222.00 230.00 167.00 180.00 181.00 Michigan .............: 163.00 178.00 176.00 190.00 200.00 200.00 130.00 140.00 135.00 Minnesota ............: 157.00 155.00 163.00 187.00 169.00 182.00 130.00 138.00 143.00 : Missouri .............: 145.00 143.00 143.00 170.00 175.00 175.00 140.00 135.00 135.00 Montana ..............: 231.00 173.00 163.00 235.00 175.00 165.00 220.00 160.00 150.00 Nebraska .............: 185.00 178.00 173.00 208.00 201.00 190.00 130.00 130.00 135.00 Nevada ...............: 319.00 188.00 192.00 320.00 190.00 195.00 310.00 165.00 155.00 New Mexico ...........: 289.00 287.00 283.00 300.00 295.00 290.00 235.00 245.00 245.00 New York .............: 198.00 167.00 172.00 242.00 232.00 224.00 183.00 148.00 156.00 North Dakota .........: 120.00 105.00 116.00 123.00 115.00 120.00 85.00 85.00 80.00 Ohio .................: 162.00 177.00 178.00 180.00 200.00 195.00 160.00 160.00 165.00 Oklahoma .............: 140.00 118.00 130.00 261.00 218.00 195.00 118.00 103.00 117.00 Oregon ...............: 314.00 265.00 250.00 330.00 270.00 255.00 280.00 250.00 240.00 : Pennsylvania .........: 194.00 170.00 174.00 242.00 232.00 224.00 185.00 153.00 161.00 South Dakota .........: 173.00 154.00 152.00 189.00 165.00 160.00 130.00 130.00 135.00 Texas ................: 194.00 203.00 217.00 271.00 268.00 268.00 175.00 188.00 209.00 Utah .................: 305.00 195.00 194.00 310.00 195.00 195.00 250.00 150.00 140.00 Washington ...........: 313.00 259.00 249.00 320.00 265.00 250.00 290.00 245.00 245.00 Wisconsin ............: 173.00 168.00 184.00 183.00 183.00 196.00 116.00 133.00 140.00 Wyoming ..............: 232.00 209.00 199.00 235.00 210.00 200.00 220.00 205.00 195.00 : United States ........: 238.00 201.00 195.00 267.00 217.00 207.00 184.00 164.00 170.00 ------------------------------------------------------------------------------------------------------------------------- Prices Received for Premium and Supreme Alfalfa Hay - States and 5-State Total: November 2023 -------------------------------------------------------------------------------- State : November 2022 : October 2023 : November 2023 -------------------------------------------------------------------------------- : dollars per ton : California .........: 400.00 300.00 290.00 Idaho ..............: 300.00 260.00 255.00 Michigan ...........: 215.00 225.00 225.00 Minnesota ..........: 211.00 210.00 208.00 New York ...........: 295.00 293.00 304.00 Pennsylvania .......: 310.00 300.00 311.00 Texas ..............: 334.00 316.00 309.00 Wisconsin ..........: 208.00 217.00 230.00 : 5-State Total 1/ 2/ : 331.00 278.00 271.00 -------------------------------------------------------------------------------- 1/ 5-State total represents a weighted (hay purchases) average price for the five largest milk producing States (based on the pounds of milk produced during the previous month). 2/ For November 2022, includes California, Idaho, New York, Texas, and Wisconsin. For October 2023, includes California, Idaho, New York, Texas, and Wisconsin. For November 2023, includes California, Idaho, New York, Texas, and Wisconsin. Prices Received for Citrus Fruits by Utilization - States and United States: November 2022 --------------------------------------------------------------------------------------------------------------------------------------- : : Equivalent returns Commodity, : FOB :----------------------------------------------------------------------------------- State, : packed : Packinghouse door : On-tree and type : fresh :----------------------------------------------------------------------------------- : : All : Fresh : Process : All : Fresh : Process --------------------------------------------------------------------------------------------------------------------------------------- : dollars per box : Grapefruit ..........................: 46.80 30.13 35.46 8.03 27.42 32.99 4.35 : Lemons ..............................: 46.00 29.31 34.92 (D) 22.36 27.72 (D) : Oranges .............................: 36.50 20.74 25.75 (D) 17.77 22.82 (D) --------------------------------------------------------------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Citrus Fruits by Utilization - States and United States: October 2023 --------------------------------------------------------------------------------------------------------------------------------------- : : Equivalent returns Commodity, : FOB :----------------------------------------------------------------------------------- State, : packed : Packinghouse door : On-tree and type : fresh :----------------------------------------------------------------------------------- : : All : Fresh : Process : All : Fresh : Process --------------------------------------------------------------------------------------------------------------------------------------- : dollars per box : Grapefruit ..........................: 49.10 23.04 38.13 4.82 19.60 35.46 0.59 : Lemons ..............................: 59.10 42.13 47.82 (D) 34.99 40.48 (D) : Oranges .............................: 39.30 20.53 27.37 (D) 17.31 24.27 (D) --------------------------------------------------------------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for Citrus Fruits by Utilization - States and United States: November 2023 --------------------------------------------------------------------------------------------------------------------------------------- : : Equivalent returns Commodity, : FOB :----------------------------------------------------------------------------------- State, : packed : Packinghouse door : On-tree and type : fresh :----------------------------------------------------------------------------------- : : All : Fresh : Process : All : Fresh : Process --------------------------------------------------------------------------------------------------------------------------------------- : dollars per box : Grapefruit ..........................: 54.40 30.99 43.28 6.47 28.22 41.04 2.65 : Lemons ..............................: 54.40 35.56 43.09 (D) 28.51 35.75 (D) : Oranges .............................: 40.00 23.45 28.74 (D) 20.33 25.66 (D) --------------------------------------------------------------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Prices Received for All Milk - States and United States: November 2023 with Comparisons [Before deduction for hauling. Includes quality, quantity, and other premiums. Excludes hauling subsidies] ---------------------------------------------------------------------------------------------------- : November 2022 : October 2023 : November 2023 State :------------------------------------------------------------------------------- : Price :Fat test : Price :Fat test : Price : Fat test ---------------------------------------------------------------------------------------------------- :dollars per cwt percent dollars per cwt percent dollars per cwt percent : Arizona ............: 25.40 3.98 21.10 4.00 20.70 4.04 California .........: 24.80 4.23 21.60 4.21 21.80 4.28 Colorado ...........: 25.90 4.05 22.30 4.07 22.50 4.16 Florida ............: 29.40 3.79 26.40 3.88 25.80 3.94 Georgia ............: 29.20 3.96 26.10 3.93 25.70 4.02 Idaho ..............: 26.20 4.43 22.40 4.42 22.00 4.50 Illinois ...........: 25.70 4.25 21.20 4.19 21.70 4.31 Indiana ............: 26.20 4.11 22.80 4.05 22.80 4.17 Iowa ...............: 24.50 4.30 19.60 4.28 19.60 4.52 Kansas .............: 24.40 4.32 20.70 4.26 20.50 4.37 : Michigan ...........: 24.20 4.06 20.90 4.13 21.10 4.22 Minnesota ..........: 25.30 4.45 20.60 4.51 20.70 4.66 New Mexico .........: 23.60 4.10 20.30 4.04 20.30 4.19 New York ...........: 26.00 4.11 23.20 4.16 23.20 4.28 Ohio ...............: 26.00 4.08 22.70 4.07 22.60 4.14 Oregon .............: 28.70 4.59 24.20 4.43 24.90 4.58 Pennsylvania .......: 26.60 4.12 22.80 4.08 23.10 4.24 South Dakota .......: 26.40 4.66 20.90 4.65 21.60 4.76 Texas ..............: 25.80 4.42 22.00 4.26 21.50 4.38 Utah ...............: 25.90 4.19 22.10 4.14 21.80 4.25 : Vermont ............: 26.30 4.11 23.50 4.19 23.60 4.31 Virginia ...........: 29.00 4.09 25.90 4.03 25.80 4.16 Washington .........: 27.20 4.47 22.60 4.32 23.50 4.46 Wisconsin ..........: 24.00 4.18 19.40 4.14 19.80 4.26 : United States ......: 25.40 4.23 21.60 4.21 21.70 4.32 ---------------------------------------------------------------------------------------------------- Prices Received for Milk Cows - States and United States: October 2023 with Comparisons [Animals sold for dairy herd replacement only. Quarterly United States milk cow prices are based on revised milk cow inventory] -------------------------------------------------------------------------------- State : October 2022 : July 2023 : October 2023 -------------------------------------------------------------------------------- : dollars per head : Arizona ............: 1,700 1,800 1,850 California .........: 1,850 1,665 1,800 Colorado ...........: 1,700 1,700 1,850 Florida ............: 1,600 2,070 2,030 Georgia ............: 1,700 1,780 1,820 Idaho ..............: 1,600 1,700 1,800 Illinois ...........: 1,650 1,760 1,730 Indiana ............: 1,790 1,900 1,930 Iowa ...............: 1,750 1,800 1,820 Kansas .............: 1,600 1,700 1,800 : Michigan ...........: 1,760 1,890 1,980 Minnesota ..........: 1,630 1,780 1,810 New Mexico .........: 1,600 1,650 1,650 New York ...........: 1,670 1,800 1,880 Ohio ...............: 1,620 1,670 1,780 Oregon .............: 1,550 1,600 1,600 Pennsylvania .......: 1,750 1,820 1,870 South Dakota .......: 1,650 1,670 1,800 Texas ..............: 1,700 1,700 1,850 Utah ...............: 1,450 1,450 1,600 : Vermont ............: 1,800 1,780 1,850 Virginia ...........: 1,620 1,700 1,800 Washington .........: 1,550 1,650 1,750 Wisconsin ..........: 1,840 1,910 1,990 : United States ......: 1,730 1,760 1,850 -------------------------------------------------------------------------------- Parity Price Overview Parity prices, based on data from January 2023, and adjusted base price data from which parity prices are computed are presented in the tables on the following pages. Parity prices are computed under the provisions of Title III. Subtitle A, Section 301(a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, 1954, and 1956. The parity prices shown in this report are based on the provisions of the amended Act. Briefly, the actual method of computation is as follows: a. The average of prices received by farmers for individual commodities for the 10 preceding years is calculated (for 2023, the 10-average includes the years 2013-2022). An allowance for unredeemed loans and other supplemental payments resulting from price support programs, such as the deficiency payments for grains and cotton, is included for those commodities for which applicable. b. This 10-year average is divided by the average of the Index of Prices Received by Farmers for the same 10 preceding calendar years, adjusted to include an allowance for unredeemed loans and other supplemental price support operations, to give an "adjusted base price". c. Parity prices are computed by multiplying the "adjusted base prices" by the current Parity Index (the Index of Prices Paid by Farmers, including Interest, Taxes, and Wage Rates, 1910-1914=100). Parity prices are calculated in terms of prices received by farmers in the local markets in which they ordinarily sell. This means that the parity prices apply to the average of all classes and grades of the commodity as sold by all farmers in the United States, except as otherwise specified. Fruits and vegetables for fresh use and for processing are usually considered separate commodities and separate parity prices are calculated. The Agricultural Marketing Agreement Act of 1937 provided for parity prices for certain commodities covered by a marketing agreement or order program. Under present legislation, United States parity prices, with appropriate adjustments where needed, may be used for the purpose of this Act. Commodity Parity Prices and Price as Percent of Parity Price - United States: November 2023 with Comparisons [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February "Agricultural Prices" for details on adjusted base price and parity price computations. Parity data not available for blank cells. Primary source of data for livestock and milk prices is United States Department of Agriculture's Agricultural Marketing Service] ---------------------------------------------------------------------------------------------------- : : Parity price : Price as percent :Adjusted : : : of parity Commodity and unit : base :----------------------------------------------------------- : price :November : October :November :November : October :November : : 2022 : 2023 : 2023 : 2022 : 2023 : 2023 ---------------------------------------------------------------------------------------------------- : ------------- dollars ------------- ------- percent ------ : Basic commodities : All wheat ............bushel: 0.544 19.70 20.40 20.40 46 34 32 Rice ....................cwt: 1.29 47.10 48.40 48.30 39 36 37 Corn .................bushel: 0.407 15.10 15.30 15.20 43 32 31 Cotton : Upland ..............pound: 0.066 2.41 2.48 2.47 33 30 29 American Pima .......pound: 0.144 4.93 5.40 5.39 50 33 33 Peanuts ...............pound: 0.021 0.816 0.788 0.786 35 34 38 Small chickpeas 1/ ......cwt: 2.26 82.70 84.80 84.60 36 43 79 Large chickpeas 1/ ......cwt: 2.76 105.00 104.00 103.00 33 35 37 Lentils 1/ ..............cwt: 2.33 81.60 87.40 87.20 42 45 45 : Designated non-basic : All milk, to plants 2/ ..cwt: 1.80 64.20 67.60 67.40 38 31 31 Honey, extracted 3/ ...pound: 0.210 7.46 7.88 7.86 36 38 38 : Wool and mohair : Wool ..................pound: 0.147 5.49 5.52 5.50 31 28 28 Mohair ................pound: 0.485 17.20 18.20 18.20 33 36 36 : Other non-basic : Apples, fresh 4/ ......pound: 0.045 1.520 1.690 1.680 55 44 41 Barley ...............bushel: 0.489 18.00 18.40 18.30 41 39 42 Canola ..................cwt: 1.85 67.50 69.40 69.20 43 34 37 Cottonseed ..............ton: 19.50 697.00 732.00 730.00 40 32 31 Dry edible beans ........cwt: 3.09 114.00 116.00 116.00 36 37 35 Flaxseed .............bushel: 1.19 40.80 44.70 44.50 48 29 27 Oats .................bushel: 0.301 10.60 11.30 11.30 41 33 35 Potatoes, fresh .........cwt: 1.07 39.70 40.20 40.10 51 30 29 Sorghum grain ...........cwt: 0.718 26.40 26.90 26.90 48 35 34 Soybeans .............bushel: 1.01 37.80 37.90 37.80 37 34 34 Sunflower, all ..........cwt: 2.06 74.60 77.30 77.10 38 26 29 : Citrus (equivalent on-tree) : Grapefruit ..............box: 1.08 37.80 40.50 40.40 73 48 70 Lemons ..................box: 2.10 77.50 78.80 78.60 29 44 36 Oranges .................box: 1.130 40.10 42.40 42.30 44 41 48 : Livestock and poultry : Beef cattle .............cwt: 11.80 434.00 443.00 442.00 35 41 41 Broilers ..............pound: 0.052 1.82 1.95 1.95 40 33 34 Calves ..................cwt: 17.30 638.00 649.00 648.00 32 46 45 Eggs 2/ ...............dozen: 0.111 3.64 4.17 4.15 81 32 38 Hogs ....................cwt: 5.50 202.00 206.00 206.00 33 29 28 Turkeys, live .........pound: 0.069 2.450 2.590 2.580 52 29 25 ---------------------------------------------------------------------------------------------------- 1/ Parity prices began January 2015. 2/ Seasonally adjusted price as percentage of parity price. 3/ Wholesale extracted. Adjusted base price derived from state annual averages prices weighted by production. For 1982 through 1985 the national averages are the support prices. 4/ Equivalent packinghouse-door returns for California, New York, Oregon, and Washington. Price at point of first sale for other states. Commodity Parity Prices - United States: November 2023 with Comparisons [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February "Agricultural Prices" for details on adjusted base price and parity price computations] -------------------------------------------------------------------------------------------------- : : Parity price : Adjusted : : : Commodity and unit : base :----------------------------------------- : price : November : October : November : : 2022 : 2023 : 2023 -------------------------------------------------------------------------------------------------- : dollars : Field crops and miscellaneous : Hops ..............................pound: 0.481 16.90 18.10 18.00 Mustard seed ........................cwt: 3.00 109.00 113.00 112.00 Rapeseed ............................cwt: 2.32 87.90 87.10 86.80 Rye ..............................bushel: 0.595 22.20 22.30 22.30 Safflower ...........................cwt: 2.21 80.50 82.90 82.70 Spearmint oil .....................pound: 1.66 61.20 62.30 62.10 Sweet potatoes ......................cwt: 2.06 76.10 77.30 77.10 : Tobacco : Flue-cured, 11-14 ...............pound: 0.185 6.86 6.94 6.92 Fire-cured, 21-23 ...............pound: 0.253 9.31 9.50 9.47 Burley, 31 ......................pound: 0.185 6.83 6.94 6.92 Maryland, 32 ....................pound: 0.185 6.57 6.94 6.92 Dark air-cured, 35-37 ...........pound: 0.226 8.31 8.48 8.46 Pennsylvania seedleaf, 41 .......pound: 0.253 8.72 9.50 9.47 : Non-citrus fruit : Apples, processing 1/ 2/ ............ton: 20.20 768.00 758.00 756.00 Apricots, fresh 3/ ..................ton: 123.00 4,600.00 4,620.00 4,600.00 Avocados 2/ 3/ ......................ton: 217.00 6,970.00 8,140.00 8,120.00 Cherries : Sweet .............................ton: 218.00 7,680.00 8,180.00 8,160.00 Tart 2/ .........................pound: 0.028 1.190 1.050 1.050 Cranberry 2/ 4/ ..................barrel: 3.08 119.00 116.00 115.00 Dates (California) 3/ ...............ton: 255.00 8,830.00 9,570.00 9,540.00 : Grapes (California) : Wine, processing ..................ton: 83.50 3,010.00 3,130.00 3,130.00 Kiwifruit 2/ ........................ton: 153.00 5,230.00 5,740.00 5,730.00 Nectarines, fresh (California) 3/ ...ton: 92.60 3,260.00 3,480.00 3,470.00 Olives, canning (California) 4/ .....ton: 111.00 4,040.00 4,170.00 4,150.00 -------------------------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Commodity Parity Prices - United States: November 2023 with Comparisons (continued) [Parity prices are computed under the provisions of Title III, Subtitle a, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, and 1956. See February "Agricultural Prices" for details on adjusted base price and parity price computations] ------------------------------------------------------------------------------------------------ : : Parity price :Adjusted : : : Commodity and unit : base :-------------------------------------------- : price : November : October : November : : 2022 : 2023 : 2023 ------------------------------------------------------------------------------------------------ : dollars : Non-citrus fruit - continued : Papayas (Hawaii) .................pound: 0.051 1.67 1.91 1.91 Peaches, fresh 4/ 5/ ...............ton: 117.00 4,190.00 4,390.00 4,380.00 Pears, fresh 5/ ....................ton: 60.60 2,280.00 2,270.00 2,270.00 Plums (California) equivalent on-tree : Fresh 6/ .........................ton: 97.80 3,370.00 3,670.00 3,660.00 Strawberries : Fresh 7/ .........................cwt: 10.80 386.00 405.00 404.00 Processing .......................cwt: 4.05 153.00 152.00 152.00 : Sugar crops : Sugar beets 2/ 8/ ................ton: 4.25 160.00 160.00 159.00 Sugarcane 2/ 8/ ..................ton: 3.45 126.00 129.00 129.00 : Tree nuts 9/ : Almonds ..........................pound: 0.235 9.16 8.82 8.80 Hazelnuts ..........................ton: 218.00 8,270.00 8,180.00 8,160.00 Pistachios .......................pound: 0.242 9.39 9.08 9.06 Walnuts ............................ton: 182.00 7,640.00 6,830.00 6,810.00 : Vegetables, fresh 7/ : Carrots 10/ ........................cwt: 2.92 97.90 110.00 109.00 Cauliflower 10/ ....................cwt: 4.71 156.00 177.00 176.00 Celery 10/ .........................cwt: 2.24 79.00 84.10 83.80 Honeydew melons ....................cwt: 2.37 77.90 88.90 88.70 Lettuce ............................cwt: 2.85 97.90 107.00 107.00 Onions 10/ .........................cwt: 1.68 53.80 63.10 62.90 Tomatoes ...........................cwt: 4.22 151.00 158.00 158.00 ------------------------------------------------------------------------------------------------ 1/ Equivalent returns at processing plant door. 2/ Adjusted base price is carried forward from the previous year since current marketing year average price is not yet available. 3/ Equivalent returns at packinghouse door. 4/ Equivalent returns for bulk fruit at first delivery point. 5/ Equivalent packinghouse-door returns for California, New York (apples only), Oregon (except Peaches), and Washington. Price at point of first sale for other states. 6/ Based on "as sold" prices for fresh fruit in all states. 7/ FOB shipping point price. 8/ Relates to prices including average conditional payments per ton made under the sugar acts of 1937 and 1948. Crop deficiency and abandonment payments not included. 9/ Prices In-Shell basis except almonds which are shelled basis. 10/ Includes some processing. Marketing Year for Specified Commodities Hops: September 1 to August 31 for all States. Prices Received for Hops - States and United States: 2022-2023 ------------------------------------------------------------ State : 2022 : 2023 ------------------------------------------------------------ : : Idaho ..............: 6.10 5.40 Oregon .............: 6.35 6.15 Washington .........: 6.05 5.30 : United States ......: 6.06 5.40 ------------------------------------------------------------ Reliability of Prices Received Estimates Definition: Prices received represent sales from producers to first buyers. They include all grades and qualities. The average commodity price from the survey multiplied by the total quantity marketed theoretically should give the total cash receipts for the commodity. Survey procedures: Primary sales data used to determine grain prices were obtained from probability samples of about 1,900 mills and elevators. These procedures ensure that virtually all grain moving into commercial channels has a chance of being included in the survey. Generally, States surveyed account for 90 percent or more of total United States production. Livestock prices are obtained from packers, stockyards, auctions, dealers, and market check data from AMS-USDA, private marketing organizations, and state commodity groups and agencies. Inter-farm sales of grain and livestock are not included since they represent very small percentages of the total sales. Grain marketed for seed is also excluded. Fruit and vegetable prices are obtained from sample surveys and market check data from AMS-USDA, private marketing organizations, state agencies, and universities. Summary and estimation procedures: Survey quantities sold are expanded by strata to state levels and used to weight average strata prices to a state average. State prices are then weighted to a United States price based on expanded sales. Recommendations are prepared by the Regional Field Offices and reviewed by the Agricultural Statistics Board in Washington, D.C. State recommendations are reviewed for reasonableness with survey data, other States, and recent historic estimates. Revisions: In general, revisions are made during annual commodity market year estimation time, following five-year Census revisions, or when later information is received. Revisions are published in monthly issues of Agricultural Prices. Reliability: United States price estimates based on probability surveys generally have a sampling error of less than one percent for the major commodities such as corn, wheat, soybeans, cotton, and rice. Current methods of summarization for non-probability commodities are not designed directly to calculate sampling errors. However, analytical measures approximate the United States relative sampling errors at around five percent. Any non- sampling errors are attributed to such things as the inability to obtain correct information, differences in interpreting questions or definitions, mistakes in coding or processing the data, etc. Efforts are made at each step in the survey process to minimize these non-sampling errors. Program Changes: See Price Program Links at the end of this report for details on program changes to the Prices Program methodology. November Prices Paid by Farmers The November Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 138.4, is down 0.4 percent from October and 0.3 percent from November 2022. Production: The November index, at 135.5, is down 0.4 percent from October and 2.0 percent from last year. Lower prices for feeder cattle, diesel, feed grains, and supplements more than offset higher prices for nitrogen, concentrates, repairs, and complete feeds. Feed: At 123.6, the November index decreased 0.2 percent from October and 12 percent from last November. Since October, lower prices for feed grains, supplements, and hay & forages more than offset higher prices for concentrates and complete feeds. Livestock and poultry: The November index, at 162.1, decreased 2.1 percent from October but increased 28 percent from last year. Since October, prices are lower for feeder cattle, but unchanged for feeder pigs. The November feeder cattle price, at $244.00 per cwt, is down $6.00 per cwt from the October price. The November feeder pigs price, at $96.00 per cwt, is unchanged from October. Fertilizer: The index for November, at 111.5, is up 2.1 percent from October but down 26 percent from November a year ago. Since October, prices are higher for nitrogen and potash & phosphate, but unchanged for mixed fertilizer. Chemicals: The November index, at 126.0, is down 0.1 percent from October and 19 percent from last November. Fuels: At 90.1, the November index is down 6.0 percent from October and 17 percent from November 2022. Compared with October, prices are lower for diesel, gasoline, and LP gas. Machinery: The index for November, at 160.0, is down 0.6 percent from October but up 0.5 percent above last November. Compared with last month, prices are lower for self-propelled machinery and tractors, but unchanged for other machinery. Consumer Price Index: The November 2023 Consumer Price Index for All Urban Consumers (CPI-U), as issued by the Bureau of Labor Statistics, increased 3.1 percent over the last 12 months to an index level of 307.051 (1982- 1984=100). For the month, the index decreased 0.2 percent prior to seasonal adjustment. Prices Paid Indexes and Related Parity Ratios - United States: November 2023 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov] --------------------------------------------------------------------------------------------------------------------- : 1910-1914 Base : 2011 Base Index Group :----------------------------------------------------------------------------------- and : November : October : November : November : October : November Ratios : 2022 : 2023 : 2023 : 2022 : 2023 : 2023 --------------------------------------------------------------------------------------------------------------------- : percent : Prices paid by farmers for : commodities, services, : interest, taxes, and wage : rates (PPITW) ...................: 3755 3756 3743 138.8 138.9 138.4 Production ....................: 2879 2833 2820 138.3 136.1 135.5 Feed ........................: 1546 1363 1360 140.5 123.8 123.6 Livestock and poultry .......: 2501 3266 3199 126.7 165.5 162.1 Seeds .......................: 4329 4329 4329 131.7 131.7 131.7 Fertilizer ..................: 1805 1315 1343 149.8 109.2 111.5 Chemicals ...................: 1400 1131 1130 156.0 126.1 126.0 Fuels .......................: 3051 2683 2520 109.1 96.0 90.1 Supplies and repairs ........: 1669 1704 1707 141.4 144.4 144.7 : Autos and trucks ............: 3917 3987 3970 127.4 129.7 129.1 Machinery ...................: 9725 9832 9771 159.2 161.0 160.0 Building materials ..........: 3815 3844 3847 163.9 165.1 165.3 Services and rent ...........: 3077 3170 3168 (NA) (NA) (NA) Services ....................: (NA) (NA) (NA) 137.1 141.6 141.5 Rent ........................: (NA) (NA) (NA) 124.0 127.0 129.0 : Interest 1/ ...................: 4693 5205 5205 128.6 142.7 142.7 Taxes 2/ ......................: 8197 8532 8532 138.1 143.8 143.8 Wage rates ....................: 11343 12041 12041 158.4 168.1 168.1 Family living-CPI 3/ ..........: 2829 2924 2918 132.4 136.8 136.5 : Production, interest, taxes, : and wage rates (PITW) .........: 3945 3925 3911 139.9 139.2 138.7 : Ratio (received/paid) ...........: (NA) (NA) (NA) 95 81 82 Parity ratio 4/ .................: 36 31 31 (NA) (NA) (NA) Parity ratio adjusted 5/ ........: 37 32 32 (NA) (NA) (NA) PPITW adjusted for : productivity 6/ ...............: 2062 2045 2042 (NA) (NA) (NA) : Crop sector (PPITW) .............: (NA) (NA) (NA) 140.2 137.0 136.9 Livestock sector (PPITW) ........: (NA) (NA) (NA) 137.4 140.8 162.1 : Farm sector (production) ........: (NA) (NA) (NA) 134.2 139.0 137.7 Non-farm sector (production) ....: (NA) (NA) (NA) 141.0 134.3 134.1 --------------------------------------------------------------------------------------------------------------------- (NA) Not available. 1/ Interest per acre on farm real estate debt and interest rate on farm non-real estate debt. 2/ Farm real estate taxes payable per acre. 3/ Bureau of Labor Statistics, Consumer Price Index for all urban consumers (CPI-U), converted by the USDA. 4/ Ratio of index of prices received to PPITW (1910-1914=100). 5/ Based on estimated cash receipts, from marketings and government payments, the preliminary adjustment factor is updated annually. 6/ PPITW is adjusted based on productivity trend for the prior 15 years. Prices Paid Indexes and Annual Weights for Input Components and Sub-components - United States: November 2023 with Comparisons [Revised historical price indexes for months not shown are available at www.nass.usda.gov. Relative weights are a five year moving average] ------------------------------------------------------------------------------------- : Relative weights : Indexes (2011=100) :------------------------------------------------------- Index Group : : :November : October :November : 2022 : 2023 1/ : 2022 : 2023 : 2023 ------------------------------------------------------------------------------------- : percent : Production items ............: 72.5 74.105 138.3 136.1 135.5 : Feed ......................: 13.6 14.697 140.5 123.8 123.6 Feed grains .............: 1.9 2.102 111.1 85.3 81.6 Complete feeds ..........: 6.7 7.202 142.3 127.2 127.4 Hay and forages .........: 1.7 1.837 152.9 128.9 127.3 Concentrates ............: 2.2 2.322 141.1 135.0 140.0 Supplements .............: 1.1 1.235 160.2 141.3 136.2 Livestock and poultry .....: 9.6 9.752 126.7 165.5 162.1 Feeder cattle ...........: 7.5 7.597 129.9 182.5 178.1 Feeder pigs .............: 0.8 0.780 104.3 68.6 68.6 Milk cow replacements ...: 0.8 0.790 121.8 130.3 130.3 Poultry .................: 0.6 0.585 121.2 121.2 121.2 : Seeds .....................: 5.1 4.901 131.7 131.7 131.7 Field crops .............: 4.6 4.440 128.7 128.7 128.7 Grasses and legumes .....: 0.5 0.461 159.7 159.7 159.7 Fertilizer ................: 5.5 6.668 149.8 109.2 111.5 Mixed fertilizer ........: 2.4 2.934 136.6 123.2 123.2 Nitrogen ................: 2.3 2.801 166.4 95.1 100.1 Potash and phosphate ....: 0.8 0.934 141.0 107.1 108.8 Chemicals .................: 3.6 3.637 156.0 126.1 126.0 Herbicides ..............: 2.3 2.291 177.8 143.7 143.5 Insecticides ............: 0.8 0.837 120.4 97.3 97.2 Fungicides and other ....: 0.5 0.509 116.5 94.2 94.1 : Fuels .....................: 2.7 3.042 109.1 96.0 90.1 Diesel ..................: 1.7 1.893 118.7 101.8 96.1 Gasoline ................: 0.6 0.637 97.6 96.1 88.4 LP gas ..................: 0.5 0.511 88.1 74.2 70.2 Supplies and repairs ......: 4.5 4.392 141.4 144.4 144.7 Supplies ................: 1.5 1.471 143.6 143.4 143.0 Repairs .................: 3.0 2.920 140.3 144.9 145.6 Autos and trucks ..........: 1.2 1.140 127.4 129.7 129.1 Autos ...................: 0.2 0.148 121.3 123.0 122.4 Trucks ..................: 1.0 0.992 128.3 130.7 130.1 : Machinery .................: 4.3 4.827 159.2 161.0 160.0 Tractors ................: 0.9 1.062 136.3 136.2 135.3 Self-propelled ..........: 1.7 1.931 159.6 165.4 163.4 Other machinery .........: 1.6 1.834 172.2 170.6 170.6 Building materials ........: 3.6 3.648 163.9 165.1 165.3 Services ..................: 11.7 10.954 137.1 141.6 141.5 Custom rates ............: 1.2 1.128 126.0 141.2 141.2 Other services ..........: 10.5 9.826 138.4 141.6 141.5 Rent ......................: 7.0 6.448 124.0 127.0 127.0 Cash ....................: 3.8 3.463 126.1 129.0 129.0 Share ...................: 3.2 2.986 121.5 124.7 124.7 : Interest ....................: 2.2 2.095 128.6 142.7 142.7 Taxes .......................: 3.2 3.159 138.1 143.8 143.8 Wage rates ..................: 7.8 7.114 158.4 168.1 168.1 Family living-CPI ...........: 14.3 13.526 132.4 136.8 136.5 ------------------------------------------------------------------------------------- 1/ Starting 2023, relative weights published to three decimals. Feed Price Ratios - United States: November 2023 with Comparisons ---------------------------------------------------------------------------------------------------- Feed price ratio 1/ :November 2022 : October 2023 :November 2023 ---------------------------------------------------------------------------------------------------- : Broiler-feed: pounds of broiler grower feed equal : in value to 1 pound of broiler, live weight 2/ ......: 4.4 4.6 4.8 : Market egg feed: pounds of laying feed equal in : value to 1 dozen eggs 3/ ............................: 23.6 7.8 13.8 : Hog-corn: bushels of corn equal in value to : 100 pounds of hog, live weight ......................: 10.3 12.3 12.3 : Milk-feed: pounds of 16% mixed dairy feed equal : in value to 1 pound of whole milk 4/ ................: 1.92 2.03 2.12 : Steer & heifer-corn: bushels of corn equal : in value to 100 pounds of steer & heifers, : live weight .......................................: 23.7 37.7 39.5 : Turkey-feed: pounds of turkey grower equal in : value to 1 pound of turkey, live weight 5/ ..........: 8.1 5.8 5.2 ---------------------------------------------------------------------------------------------------- 1/ Effective January 1995, prices of commercial prepared feeds are based on current United States prices received for corn, soybeans, alfalfa hay, and all wheat. 2/ The price of commercial prepared broiler feed is based on current United States prices received for corn and soybeans. The modeled feed uses 58 percent corn and 42 percent soybeans. 3/ The price of commercial prepared layer feed is based on current United States prices received for corn and soybeans. The modeled feed uses 75 percent corn and 25 percent soybeans. 4/ The price of commercial prepared dairy feed is based on current United States prices received for corn, soybeans, and alfalfa. The modeled feed uses 51 percent corn, 8 percent soybeans, and 41 percent alfalfa. 5/ The price of commercial prepared turkey feed is based on current United States prices received for corn, soybeans, and wheat. The modeled feed uses 51 percent corn, 28 percent soybeans, and 21 percent wheat. Prices Received Used to Calculate Feed Price Ratios - United States: November 2023 with Comparisons [Price data source for livestock and poultry commodities is United States Department of Agriculture's Agriculture Marketing Service] --------------------------------------------------------------------------------- Item :November 2022 : October 2023 :November 2023 --------------------------------------------------------------------------------- : dollars : Broilers, live ................pound: 0.729 0.649 0.665 Eggs, market ..................dozen: 3.43 0.927 1.61 : Hogs, all .......................cwt: 66.70 60.40 57.50 Milk, all .......................cwt: 25.40 21.60 21.70 : Steers and heifers ..............cwt: 154.00 186.00 184.00 Turkeys, live .................pound: 1.270 0.750 0.652 : Corn .........................bushel: 6.49 4.93 4.66 Hay, alfalfa ....................ton: 267.00 217.00 207.00 : Soybeans .....................bushel: 14.00 12.70 13.00 Wheat, all ...................bushel: 9.15 6.98 6.53 --------------------------------------------------------------------------------- Prices Paid for Feeder Livestock - United States: November 2023 with Comparisons [Price data source is United States Department of Agriculture's Agriculture Marketing Service] --------------------------------------------------------------------------------- Item :November 2022 : October 2023 :November 2023 --------------------------------------------------------------------------------- : dollars : Feeder cattle & calves ..........cwt: 178.00 250.00 244.00 Feeder pigs .....................cwt: 146.00 96.00 96.00 --------------------------------------------------------------------------------- Prices Paid by Farmers and Ranchers for Beef Cattle Production The 2023 Prices Paid Index for Beef Cattle Production is 1,336 percent of its 1964-1968 base, down 0.8 percent from the previous year but up 27.5 percent from two years ago. The data presented in the following tables are calculated and published for use by the United States Forest Service, United States Department of Agriculture and the Bureau of Land Management, United States Department of the Interior in computing Public Land Grazing Fees. The Index of Prices Paid by Farmers and Ranchers for Beef Cattle Production input items is for the period of November through October. The components of this index include the production indexes of Fuels, Supplies & Repairs, Autos & Trucks, Tractors & Self Propelled Machinery, Other Machinery, Building Materials, Interest, Wage Rates, and Farm Services & Rent. These components are weighted to the overall index value by their importance in the cost of producing beef cattle. The weights are prescribed by Federal Regulation Title 43, Subpart 4100 and Executive Order 12548. Prices Paid Index for Beef Cattle Production, 1964-1968 Base - United States: 2021-2023 [Average for November through October grazing season] ------------------------------------------------------------------------------------------------------------------------ Index : 2021 1/ : 2022 2/ : 2023 3/ ------------------------------------------------------------------------------------------------------------------------ : percent : Beef Cattle Production .......: 1,048 1,347 1,336 ------------------------------------------------------------------------------------------------------------------------ 1/ November 2020 through October 2021 2/ November 2021 through October 2022 3/ November 2022 through October 2023 Prices Received for Beef Cattle - Selected Regions: 2021-2023 [Average for November through October grazing season] ------------------------------------------------------------------------------------------------------------------------ State : 2021 1/ : 2022 2/ : 2023 3/ ------------------------------------------------------------------------------------------------------------------------ : dollars per cwt : 17 Western States 4/ .........: 113.47 134.27 163.91 16 Western States 5/ .........: 111.93 132.84 162.30 11 Western States 6/ .........: 106.08 125.94 153.86 9 Great Plains States 7/ ....: 116.06 137.70 167.85 ------------------------------------------------------------------------------------------------------------------------ 1/ November 2020 through October 2021 2/ November 2021 through October 2022 3/ November 2022 through October 2023 4/ 17 Western States: Arizona, California, Colorado, Idaho, Kansas, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Texas, Utah, Washington, and Wyoming. 5/ 16 Western States: Arizona, California, Colorado, Idaho, Kansas, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, and Wyoming. 6/ 11 Western States: Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. 7/ 9 Great Plain States: Colorado, Kansas, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, and Wyoming. Reliability of Prices Paid Estimates Definition: Prices paid by farmers represent the average costs of inputs purchased by farmers and ranchers to produce agricultural commodities. Conceptually, the average price when multiplied by quantity purchased should equal total producer expenditures for the item. Survey procedures: The prices paid data are obtained from establishments that sell goods and services to farmers and ranchers. Annually, about 8,500 firms are randomly selected from lists by type of item sold with an average response rate in the range of 75-80 percent. Firms are asked to report the price for the specified item "most commonly bought by farmers" or that was the "volume seller". Approximately 135 items are surveyed each March to represent all production input items purchased. The survey reference period for all items is the full preceding calendar year. Separate prices paid surveys are conducted for agricultural chemicals, fuels, feed, fertilizer, machinery, and seed. Summary and estimation procedures: The annual March Prices Paid Survey is summarized as a non-probability survey. Average prices reported are aggregated to the region and United States level using weights available from expenditure data and other administrative sources. Price recommendations are prepared by the Regional Field Offices and Headquarters for review by the Agricultural Statistics Board in Washington, D.C. Also, the change in price level for individual items surveyed are combined to the regional and United States levels, and are published as prices paid indexes referenced to a specific base period. Prices paid indexes for new autos and trucks, building materials, farm supplies, motor supplies, and marketing containers are updated based on price changes measured in selected Bureau of Labor Statistics (BLS) indexes. Revisions: Any revisions are published in the monthly and in annual issues of Agricultural Prices. The basis for revision must be supported by additional data that directly affect the level of the estimate. More revisions are likely for March when separate prices paid surveys are conducted, in lieu of BLS indexes, by the USDA to measure price change. Reliability: Current methods of summarization for the March data are not designed directly to calculate sampling errors. However, analytical measures approximate the United States relative sampling errors for major items around 10 percent. Any non-sampling errors are attributed to such things as the inability to obtain correct information, differences in interpreting questions or definitions, mistakes in coding or processing the data, etc. Efforts are made at each step in the survey process to minimize these non- sampling errors. Program Changes: See Price Program Links at the end of this report for details on program changes to the Prices Program methodology. Information Contacts General Tony Dorn, Chief, Environmental, Economics, and Demographics Branch...................................... (202) 720-6146 Crop Prices Received Chris Hawthorn, Chief, Crops Branch ..................................................................... (202) 720-2127 Chris Hawthorn, Head, Field Crops Section................................................................ (202) 720-2127 Joshua Bates - Hemp, Oats, Soybeans.................................................................... (202) 690-3234 Natasha Bruton - Barley................................................................................ (202) 690-1042 Michelle Harder - Hay.................................................................................. (202) 690-8533 James Johanson - Rye, Wheat............................................................................ (202) 720-8068 Greg Lemmons - Corn, Flaxseed, Proso Millet............................................................ (202) 720-9526 Becky Sommer - Cotton, Cotton Ginnings, Sorghum........................................................ (202) 720-5944 Travis Thorson - Canola, Mustard Seed, Rapeseed, Safflower, Sunflower.................................. (202) 720-7369 Jennifer Van Court - Peanuts, Rice..................................................................... (202) 720-2127 Fleming Gibson, Head, Fruits, Vegetables and Special Crops Section....................................... (202) 720-2127 Deonne Holiday - Almonds, Carrots, Coffee, Cranberries, Garlic, Onions, Plums, Prunes, Tobacco............................................................................... (202) 720-4288 Bret Holliman - Apricots, Chickpeas, Nectarines, Peaches, Snap Beans, Sweet Corn, Tomatoes................................................................................. (202) 720-7235 Robert Little - Blueberries, Cabbage, Dry Beans, Lettuce, Macadamia, Maple Syrup, Pears, Raspberries, Spinach............................................................. (202) 720-3250 Krishna Rizal - Artichokes, Asparagus, Celery, Grapefruit, Kiwifruit, Lemons, Mandarins and tangerines, Mint, Mushrooms, Olives, Oranges, Pistachios............................... (202) 720-5412 Chris Singh - Apples, Cucumbers, Hazelnuts, Potatoes, Pumpkins, Squash, Strawberries, Sugarbeets, Sugarcane, Sweet Potatoes.......................................... (202) 720-4285 Antonio Torres - Cantaloupes, Dry Edible Peas, Grapes, Green Peas, Honeydews, Lentils, Sweet Cherries, Tart Cherries, Walnuts, Watermelons.............................. (202) 720-2157 Chris Wallace - Avocados, Bell Peppers, Broccoli, Cauliflower, Chile Peppers, Dates, Floriculture, Hops, Papayas, Pecans............................................ (202) 720-4215 Livestock Prices Received Travis Averill, Chief, Livestock Branch.................................................................. (202) 692-0069 Scott Hollis, Head, Livestock Section.................................................................... (202) 690-2424 Ryan Cowen - Cattle and Cattle on Feed................................................................. (202) 720-3040 Kim DaPra - Milk, Milk Cows............................................................................ (512) 501-3266 Anthony Fischer - Hogs and Pigs........................................................................ (202) 720-3106 Jean Porter, Head, Poultry and Specialty Commodities Section............................................. (202) 720-8068 Fatema Haque - Turkeys................................................................................. (202) 505-0041 Seth Riggins - Honey................................................................................... (202) 720-3106 Autumn Stone - Eggs.................................................................................... (202) 690-3676 Takiyah Walker - Broilers.............................................................................. (202) 720-6147 Indexes, Prices Paid, and Parity Prices Tony Dorn, Chief, Environmental, Economics, and Demographics Branch...................................... (202) 720-6146 Bruce Boess, Head, Economics Section..................................................................... (202) 720-4447 Ralph Mondesir - Prices Received Indexes, Parity Prices, Prices Paid Indexes.......................... (202) 221-9297 Max Reason - Prices Received Indexes, Parity Prices, Prices Paid Indexes, Prices Paid for Feed, Fertilizer, Chemicals, Seeds, Fuels, Farm Supplies and Repairs, Farm Machinery, Feeder Livestock, Poultry Chicks, Feed Price Ratios.................................................................... (202) 720-8844 Access to NASS Reports For your convenience, you may access NASS reports and products the following ways: All reports are available electronically, at no cost, on the NASS web site: www.nass.usda.gov. Both national and state specific reports are available via a free e- mail subscription. To set-up this free subscription, visit www.nass.usda.gov and click on "National" or "State" in upper right corner above "search" box to create an account and select the reports you would like to receive. Cornell's Mann Library has launched a new website housing NASS's and other agency's archived reports. The new website, https://usda.library.cornell.edu. All email subscriptions containing reports will be sent from the new website, https://usda.library.cornell.edu. To continue receiving the reports via e-mail, you will have to go to the new website, create a new account and re-subscribe to the reports. If you need instructions to set up an account or subscribe, they are located at: https://usda.library.cornell.edu/help. You should whitelist notifications@usda-esmis.library.cornell.edu in your email client to avoid the emails going into spam/junk folders. For more information on NASS surveys and reports, call the NASS Agricultural Statistics Hotline at (800) 727-9540, 7:30 a.m. to 4:00 p.m. ET, or e-mail: nass@usda.gov. The U.S. Department of Agriculture (USDA) prohibits discrimination against its customers, employees, and applicants for employment on the basis of race, color, national origin, age, disability, sex, gender identity, religion, reprisal, and where applicable, political beliefs, marital status, familial or parental status, sexual orientation, or all or part of an individual's income is derived from any public assistance program, or protected genetic information in employment or in any program or activity conducted or funded by the Department. (Not all prohibited bases will apply to all programs and/or employment activities.) If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form (PDF), found online at www.ascr.usda.gov/filing-program-discrimination-complaint-usda-customer, or at any USDA office, or call (866) 632-9992 to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to us by mail at U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, by fax (202) 690-7442 or email at program.intake@usda.gov. Price Program Links Economics and Prices http://www.nass.usda.gov/Statistics_by_Subject/Economics_and_Prices/index.php Agricultural Prices Program and Survey https://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Prices/