USDA Reports December Prices

Prices received by New York producers for milk sold during December decreased from a month earlier, according to King Whetstone, U.S. Agriculture Department National Agricultural Statistics Service, New York Field Office director.

The price of hay, potatoes and apples also decreased. The price of corn increased. Many previous month prices were revised due to more complete sales information.

Dairy farmers in New York received an average of $22.20 per hundredweight of milk sold during December, a 60 cent decrease from November but a $1.50 increase from December 2011.

Grain corn, at $7.13 per bushel, increased 34 cents from November and 76 cents from December 2011 prices. Hay averaged $146 per ton, a $10 decrease from last month but an increase of $50 from December 2011. Potatoes averaged $12.70 per cwt, a decrease of 30 cents from November and a 70 cent decrease from last year. Apples, at $50.10 per cwt., decreased $1.30 from the previous month but increased $14.20 from December 2011.

The preliminary All Farm Products Index of Prices Received by Farmers in December, at 201 percent, based on 1990-1992=100, decreased 5 points, 2.4 percent, from November. The Crop Index decreased 8 points, 3.4 percent, and the Livestock Index remained unchanged. Producers received lower prices for milk, lettuce, turkeys and eggs and higher prices for soybeans, broilers, cattle and grapes. In addition to prices, the overall index is also affected by the seasonal change based on a three-year average mix of commodities producers sell. Increased monthly movement of wheat, milk, broilers and hay offset the decreased marketing of corn, soybeans, cattle and grapes.