Ag stats: Mountain region farm price index report – March 2019 comparisons
UNITED STATES
March Prices Received Index Up 2.8 Percent
The March Prices Received Index (Agricultural Production), at 91.9, increased 2.8 percent from February 2019. At 85.7, the Crop Production Index increased 2.1 percent.
The Livestock Production Index, at 97.5, increased 3.0 percent. Producers received higher prices for lettuce, cattle, milk, and broilers but lower prices for market eggs, grapefruit, peanuts, and wheat.
Compared with a year earlier, the Prices Received Index is down 3.4 percent. The Crop Production Index decreased 2.6 percent and the Livestock Production Index decreased 2.2 percent.
The indexes are calculated using commodity prices and volumes of commodities that producers market. Increased monthly movement of strawberries, cattle, milk, and calves offset the decreased marketing of cotton, apples, greenhouse & nursery, and soybeans.
The Food Commodities Index, at 97.2, increased 3.4 percent from the previous month but decreased 2.7 percent from March 2018.
March Prices Paid Index Up 0.1 Percent
The March Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 110.6, is up 0.1 percent from February 2019 and 1.5 percent from March 2018.
Higher prices in March for feeder pigs, diesel, gasoline, and hay and forages more than offset lower prices for field crops, other services, nitrogen, and herbicides.
Prices Received – Mountain Region States and United States: March 2019 with Comparisons | |||
State | March 2018 | February 2019 | March 2019 |
Barley, All | (dollars per bushel) | (dollars per bushel) | (dollars per bushel) |
Colorado | (D) | 4.60 | 4.68 |
Montana | 4.49 | 4.40 | 4.65 |
Wyoming | (D) | (D) | (D) |
United States | 4.46 | 4.65 | 4.88 |
Corn | |||
Arizona | (D) | (D) | (D) |
Colorado | 3.49 | 3.56 | 3.66 |
Montana | (D) | (D) | (D) |
New Mexico | (D) | (D) | (D) |
Utah | (D) | (D) | (D) |
Wyoming | (S) | (D) | (D) |
United States | 3.51 | 3.60 | 3.61 |
Wheat, All | |||
Arizona | (D) | (S) | (D) |
Colorado | 4.31 | 4.86 | 4.89 |
Montana | 5.35 | 5.25 | 5.32 |
United States | 5.10 | 5.33 | 5.19 |
Hay, Alfalfa | (dollars per ton) | (dollars per ton) | (dollars per ton) |
Arizona | 200.00 | 210.00 | 210.00 |
Colorado | 190.00 | 240.00 | 240.00 |
Montana | 150.00 | 150.00 | 150.00 |
New Mexico | 200.00 | 260.00 | 260.00 |
Utah | 150.00 | 185.00 | 185.00 |
Wyoming | 160.00 | 175.00 | 175.00 |
United States | 165.00 | 180.00 | 184.00 |
Hay, Other | |||
Arizona | 200.00 | 200.00 | 200.00 |
Colorado | 190.00 | 240.00 | 220.00 |
Montana | 130.00 | 135.00 | 135.00 |
New Mexico | 160.00 | 165.00 | 165.00 |
Utah | 125.00 | 140.00 | 150.00 |
Wyoming | 140.00 | 145.00 | 145.00 |
United States | 124.00 | 146.00 | 147.00 |
Milk, All | (dollars per hundredweight) | (dollars per hundredweight) | (dollars per hundredweight) |
Arizona | 14.50 | 16.50 | 16.80 |
Colorado | 16.00 | 17.20 | 17.80 |
New Mexico | 14.20 | 15.00 | 15.90 |
Utah | 15.70 | 16.30 | 17.20 |
United States | 15.70 | 16.80 | 17.50 |
(D) Withheld to avoid disclosing data for individual operations. | |||
(S) Insufficient number of reports to establish an estimate. |