Ag stats: February 2020 agricultural price report

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Published Friday, April 3, 2020

UNITED STATES 

February Prices Received Index Up 1.8 Percent 

The February Prices Received Index 2011 Base (Agricultural Production), at 90.4, increased 1.8 percent from January and 0.1 percent from February 2019. At 85.9, the Crop Production Index was up 4.4 percent from last month and 0.9 percent from the previous year. The Livestock Production Index, at 94.8, decreased 3.7 percent from January and 0.4 percent from February last year. Producers received higher prices during February for market eggs, oranges, turkeys, and cotton but lower prices for lettuce, broilers, soybeans, and milk. In addition to prices, the indexes are influenced by the volume change of commodities producers market. In February, there was increased monthly movement for cattle, milk, broilers, and greenhouse & nursery and decreased marketing of corn, soybeans, tobacco, and wheat. 

February Prices Paid Index Down 0.3 Percent 

The February Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 110.0, is down 0.3 percent from January 2020 and 0.5 percent from February 2019. Lower prices in February for feeder cattle, feeder pigs, diesel, and supplements more than offset higher prices for nitrogen, hay and forages, repairs, and trucks.

Prices Received - Mountain Region States and United States: February 2020 with Comparisons

State

February 2019

January 2020

February 2020

Barley, All

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

Colorado 

4.60

(D)

5.06

Montana 

4.40

4.54

4.21

Wyoming 

(D)

(D)

(D)

United States 

4.65

4.68

4.68

Corn 

     

Colorado 

3.56

3.89

3.78

United States 

3.60

3.79

3.78

Wheat, All

     

Arizona 

(S)

(D)

(D)

Colorado 

4.86

4.21

4.34

Montana 

5.29

4.90

4.80

United States 

5.33

4.87

4.88

Hay, Alfalfa 

(dollars per ton)

(dollars per ton)

(dollars per ton)

Arizona 

210.00

195.00

200.00

Colorado 

240.00

225.00

230.00

Montana 

150.00

140.00

140.00

New Mexico 

260.00

220.00

220.00

Utah 

185.00

185.00

175.00

Wyoming 

175.00

180.00

180.00

United States 

180.00

171.00

171.00

Hay, Other 

     

Arizona 

200.00

200.00

200.00

Colorado 

240.00

225.00

230.00

Montana 

135.00

145.00

145.00

New Mexico 

165.00

190.00

190.00

Utah 

140.00

140.00

140.00

Wyoming 

145.00

150.00

140.00

United States 

153.00

134.00

136.00

Milk, All 

(dollars per hundredweight)

(dollars per hundredweight)

(dollars per hundredweight)

Arizona 

16.50

18.80

17.90

Colorado 

17.20

20.00

19.20

New Mexico 

15.00

18.00

17.00

Utah 

16.30

19.20

18.60

United States 

16.80

19.60

18.90

(D) Withheld to avoid disclosing data for individual operations.

(S) Insufficient number of reports to establish an estimate.

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The Kiowa County Press is an independent newspaper published in Eads, Kiowa County, Colorado, and to the world at KiowaCountyPress.net.