Many Farm Prices Climb in September

For some key Ca-Va farm products prices are improved from 2009.

Published on: Oct 5, 2010
The preliminary All Farm Products Index of Prices Received by Farmers climbed by 5 points or 3.4% in September when compared to the month before, according to the National Agricultural Statistics Service, a division of The U.S. Department of Agriculture. The index is 24 points or 19% higher than in September 2009.

The All Crops Index rose 6 points or 3.8% compared to August and was up 14% compared to Sept 2009; and the Livestock & Products Index increased 1 point, or 0.7%, from August and is up 25% from September last year.

NASS reports producers received higher prices for corn, wheat, broilers and milk and lower prices for lettuce, eggs, soybeans and strawberries.

The Food Commodities Index, at 147, increased 1 point or 0.7% from last month and 22 points, or 18%, from September 2009.

Looking at some other crops of particular interest in the Carolina-Virginia region, prices received by farmers have made some important gains from last year.

Although unchanged from August the important cotton crop index, at 127, is 40% above last year. The September price was 76.8 cents per pound and, although that was down 0.4 cents from last month, that price is 21.8 cents above last September.

The price of soybeans at $9.94 was down 16 cents from August but is 19 cents above September 2009.

The price of all wheat is $6.02 per bushel, up 58 cents from August and $1.54 above September 2009.

Corn at $4.34 per bushel is up 69 cents from August and $1.09 above September 2009.

The September hog price is $60.90 per hundred pounds, down 40 cents from August but $23.20 higher than a year ago.

The September beef cattle price of $94.40 is up by 90 cents from last month, $13.90 higher than September 2009.

The September broiler price is 50 cents per pound, up 2 cents from August and 8 cents above September 2009. The September turkey price is 68.7 cents per pound, up 1.9 cents from August and 20.2 cents above September 2009.