Ag stats: Mountain States price report – October 2018

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Published Saturday, December 1, 2018

UNITED STATES

October Prices Received Index Down 3.5 Percent

The October Prices Received Index (Agricultural Production), at 85.1, decreased 3.5 percent from September 2018. At 80.1, the Crop Production Index decreased 9.1 percent. The Livestock Production Index, at 91.3, increased 3.4 percent. Producers received higher prices for milk, hogs, cattle, and lettuce but lower prices for grapes, soybeans, apples, and lemons. Compared with a year earlier, the Prices Received Index is down 3.1 percent. The Crop Production Index decreased 3.1 percent and the Livestock Production Index decreased 3.2 percent. In addition to prices, the indexes are influenced by the volume change of commodities producers market. Increased monthly movement of soybeans, corn, cotton, and calves offset the decreased marketing of milk, cattle, broilers, and greenhouse & nursery. The Food Commodities Index, at 88.8, decreased 2.0 percent from the previous month and decreased 5.2 percent from October 2017.

October Prices Paid Index Up 0.5 Percent

The October Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 109.4, is up 0.5 percent from September 2018 and 2.4 percent from October 2017. Higher prices in October for feeder cattle, feeder pigs, wage rates, and nitrogen more than offset lower prices for complete feeds, milk cows, other services, and LP gas.

Prices Received - Mountain Region States and United States: September 2018 with Comparisons

State

October 2017

September 2018

October 2018

 

Barley, All

(dollars per bushel)

(dollars per bushel)

(dollars per bushel)

 

Colorado .............................

4.81

(D)

(D)

 

Montana..............................

3.80

4.89

4.17

 

Wyoming ............................

(D)

(D)

(S)

 

United States.......................

4.44

4.49

4.27

 

Corn

       

Colorado .............................

3.39

3.47

3.67

 

United States.......................

3.26

3.39

3.41

 

Wheat, All

       

Arizona ...............................

(D)

(S)

(D)

 

Colorado .............................

3.22

4.67

4.54

 

Montana..............................

5.26

5.21

5.30

 

United States.......................

4.64

5.15

5.22

 

Cotton, Upland
Arizona ...............................
United States.......................

(dollars per pound) (D)
0.665

(dollars per pound)
(S) 0.710

(dollars per pound)
(D) 0.723

 

Hay, Alfalfa

(dollars per ton)

(dollars per ton)

(dollars per ton)

 

Arizona ...............................

160.00

210.00

190.00

 

Colorado .............................

165.00

215.00

215.00

 

Montana..............................

145.00

140.00

140.00

 

New Mexico .......................

180.00

230.00

230.00

 

Utah ....................................

140.00

175.00

175.00

 

Wyoming ............................

135.00

170.00

170.00

 

United States.......................

153.00

180.00

178.00

 

Hay, Other

       

Arizona ...............................

180.00

200.00

200.00

 

Colorado .............................

175.00

215.00

215.00

 

Montana..............................

140.00

125.00

125.00

 

New Mexico .......................

160.00

170.00

160.00

 

Utah ....................................

120.00

135.00

135.00

 

Wyoming ............................

130.00

140.00

140.00

 

United States.......................

120.00

130.00

132.00

 

Milk, All
Arizona ...............................
Colorado .............................
New Mexico .......................
Utah ....................................
United States.......................

(dollars per hundredweight) 17.10
18.60
16.80
18.30
18.10

(dollars per hundredweight) 16.20
17.30
15.00
16.80
16.70

(dollars per hundredweight) 16.80
18.20
15.80
17.50
17.40

 

(D) Withheld to avoid disclosing data for individual operations.
(S)  Insufficient number of reports to establish an estimate.