The Preliminary All Farm Prices Received Index for April decreased 1.4 percent from March. The National Ag Statistics Service says the Crop Index was down 2 percent and the Livestock Index slipped 0.8 percent. Prices were higher for cattle, hogs, soybeans and onions. Lower for eggs, strawberries, broccoli and lettuce. Farm prices are up 7 percent from April of last year.
Corn averaged $3.51 per bushel in April, down 4 cents from March and 34 cents below last April. The average price for soybeans was $9.48 up 9 cents from March and 31 cents below a year ago. The all-wheat price was $4.69, down a penny from the previous month and $1.06 per bushel below last April. The all-hay price increased a dollar from last month to $109 per ton which is $17 below last year. Cotton averaged 63.5 cents per pound, down 1 cent from March but 18.8 cents above last April.
The April hog price gained $1.40 from March to $53.60 per hundredweight in April. That is $9.60 above April of 2009. Cattle prices are $11.60 more than a year ago and $4.90 above a month ago at $95.40 per hundred in April. Broilers are down a penny from last month at 48 cents per pound while turkeys are almost a penny higher at 53.1 cents. Eggs dropped 46.1 cents from the previous month to average 59.9 cents per dozen.
The April all-milk price was $14.60 per hundredweight, down 20 cents from March but $2.70 better than April of 2009. The fluid milk price slipped 20 cents but manufacturing grade gained 30 cents from March to average $13.70.
The April Index of Prices Paid by farmers was 0.5 percent higher than March and 1.7 percent above April of last year. Farmers paid more for feeder cattle, feeder pigs, hay, forages, fuels, nitrogen, potash and phosphorus fertilizers. Prices were lower for feed grains, complete feeds, concentrates, milk cows and pesticides.
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