Agricultural Prices

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Today, March 30, 2011 USDA published its "Agricultural Prices" report: http://usda.mannlib.cornell.edu/usda/current/AgriPric/AgriPric-03-30-2011.pdf


Above is the all milk price for most states. Note, there appears to be quite a spread in butter fat test. California is mostly giving milk away. Note also, the hay prices on page 23. these seem to be lower than many reports but, California is not getting free hay.

On page 30 note, the "All Milk Price" for March 2011 is 46% of parity. Some say dairy farmers have received a signal to produce more milk, the signal never goes away.

Agricultural Prices

Today, USDA released its "Agricultural Prices" report, available at: http://usda.mannlib.cornell.edu/usda/current/AgriPric/AgriPric-09-29-2010.pdf

The "All Milk" price for September 2010 milk is $17.20 per hundredweight. On page 22 is the September 2010 parity equivalent of $41.90 per hundredweight. You may notice the parity price is quite a bit higher than generally occurred when it was in effect.

So, lets drop it back to that level and approximate production. What that would mean is that for September 2010 an additional $2,746,350,000 would have flowed into rural America.