January 2009

**PRICES RECEIVED BY FLORIDA FARMERS**

Prices received by livestock producers in mid-January were mostly
higher, compared with the entire month of December. The mid-January
price for cows at \$47.00 per hundredweight, was \$4.00 higher than last
month, but \$1.40 lower than a year ago. Steers and heifers at \$79.00
per hundredweight, were up \$6.00 per hundredweight from previous month,
but down \$8.50 from a year earlier. Calves at \$92.00 per hundredweight
were \$8.00 per hundredweight more than December, but \$12.00 per
hundredweight lower than the previous year. The January replacement milk
cow price was \$1,980 per head. Hogs at \$36.30 per hundredweight was
unchanged from last month, but \$4.80 lower than last year.

The Florida milk price for January was \$21.00 per hundredweight,
unchanged from last month, but \$3.50 less than the previous January.
The commercial broiler price at 54.0 cents per pound remained the same
as a month earlier, but was 4.0 cents more than a year ago. The January
egg price at 90.0 cents per dozen, was five cents higher than a month
earlier but 44 cents lower than last January.

**US PRICE INDEX**

The preliminary All Farm Products Index of Prices Received by Farmers in
January, at 137 percent, based on 1990-92=100, increased two points (1.5
percent) from December. The Crop Index is up eight points (5.4 percent)
but the Livestock Index decreased four points (3.4 percent). Producers
received higher prices for soybeans, lettuce, oranges, and broccoli and
lower prices for milk, cotton, tomatoes, and onions. In addition to
prices, the overall Index is also affected by the seasonal change based
on a 3-year average mix of commodities producers sell. Increased monthly
marketings of corn, soybeans, cattle, and rice offset decreased
marketings of cottonseed, grapes, broilers, and cotton.

The preliminary All Farm Products Index is down seven points (4.9
percent) from January 2008. The Food Commodities Index, at 134,
increased one point (0.8 percent) from last month but decreased ten
points (6.9 percent) from January 2008.

+------------------+--------------+-----------+----------+-------------+
| **[Summary       |              |           |          |             |
| Tabl             |              |           |          |             |
| e]{.smallcaps}** |              |           |          |             |
+------------------+--------------+-----------+----------+-------------+
| INDEX            | 2007         | 2008      |          | 2009        |
|                  |              |           |          |             |
| 1990-92=100      |              |           |          |             |
+------------------+--------------+-----------+----------+-------------+
|                  | Dec          | Jan       | Dec      | Jan         |
+------------------+--------------+-----------+----------+-------------+
| Prices Received  | 135          | 144       | 135      | 137         |
+------------------+--------------+-----------+----------+-------------+
| Prices Paid      | 175          | 169       | 175      | 175         |
+------------------+--------------+-----------+----------+-------------+
| Ratio ^1/^       | 77           | 85        | 77       | 78          |
+------------------+--------------+-----------+----------+-------------+
| ^1/^ Prices      |              |           |          |             |
| Received/Prices  |              |           |          |             |
| Paid.            |              |           |          |             |
+------------------+--------------+-----------+----------+-------------+

+--------------+--------+---+------+-------+------+------+-------+-------+
| **[Average   |        |   |      |       |      |      |       |       |
| price        |        |   |      |       |      |      |       |       |
| received by  |        |   |      |       |      |      |       |       |
| farmers]     |        |   |      |       |      |      |       |       |
| {.smallcaps} |        |   |      |       |      |      |       |       |
| ^1/^**       |        |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Commodity    | Unit   | F |      |       |      | Un   |       |       |
|              |        | l |      |       |      | ited |       |       |
|              |        | o |      |       |      | St   |       |       |
|              |        | r |      |       |      | ates |       |       |
|              |        | i |      |       |      |      |       |       |
|              |        | d |      |       |      |      |       |       |
|              |        | a |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
|              |        | J |      | Dec   | Jan  | Jan  | Dec   | Jan   |
|              |        | a |      |       |      |      |       |       |
|              |        | n |      | 2008  | 2009 | 2008 | 2008  | 2009  |
|              |        |   |      |       |      |      |       |       |
|              |        | 2 |      |       |      |      |       |       |
|              |        | 0 |      |       |      |      |       |       |
|              |        | 0 |      |       |      |      |       |       |
|              |        | 8 |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| [Meat        |        |   |      |       |      |      |       |       |
| animals]{    |        |   |      |       |      |      |       |       |
| .smallcaps}: |        |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Cows         | \$ per | 4 |      | 43.00 | 4    | 4    | 40.40 | 42.20 |
|              | cwt.   | 8 |      |       | 7.00 | 6.30 |       |       |
|              |        | . |      |       |      |      |       |       |
|              |        | 4 |      |       |      |      |       |       |
|              |        | 0 |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Steers &     | \$ per | 8 |      | 73.00 | 7    | 9    | 85.60 | 86.30 |
| heifers      | cwt.   | 7 |      |       | 9.00 | 3.40 |       |       |
|              |        | . |      |       |      |      |       |       |
|              |        | 5 |      |       |      |      |       |       |
|              |        | 0 |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Calves       | \$ per | 1 |      | 84.00 | 9    | 11   | 1     | 1     |
|              | cwt.   | 0 |      |       | 2.00 | 7.00 | 00.00 | 05.00 |
|              |        | 4 |      |       |      |      |       |       |
|              |        | . |      |       |      |      |       |       |
|              |        | 0 |      |       |      |      |       |       |
|              |        | 0 |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Hogs         | \$ per | 3 |      | 36.30 | 3    | 3    | 41.90 | 41.90 |
|              | cwt.   | 1 |      |       | 6.30 | 7.20 |       |       |
|              |        | . |      |       |      |      |       |       |
|              |        | 5 |      |       |      |      |       |       |
|              |        | 0 |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| [Milk]{      |        |   |      |       |      |      |       |       |
| .smallcaps}: |        |   |      |       |      |      |       |       |
| ^2/^         |        |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Sold to      | \$ per | 2 |      | 21.00 | 2    | 2    | 15.60 | 13.80 |
| plants, all  | cwt.   | 4 |      |       | 1.00 | 0.50 |       |       |
|              |        | . |      |       |      |      |       |       |
|              |        | 5 |      |       |      |      |       |       |
|              |        | 0 |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| [Poultry:]   |        |   |      |       |      |      |       |       |
| {.smallcaps} |        |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Com\'l       | Cents  |   | 50.0 | 54.0  | 54.0 | 44.0 | 48.0  | 48.0  |
| broilers     | per    |   |      |       |      |      |       |       |
|              | lb.    |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Table eggs   | Cen    |   | 1    | 85.0  | 90.0 | 1    | 86.0  | 89.6  |
|              | ts per |   | 34.0 |       |      | 20.0 |       |       |
|              |  doz\. |   |      |       |      |      |       |       |
|              | ..\... |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| [Citrus, on  |        |   |      |       |      |      |       |       |
| tree]{       |        |   |      |       |      |      |       |       |
| .smallcaps}: |        |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Oranges      | \$ per | 5 |      | 4.13  | 4.71 | 5.77 | 4.75  | 5.57  |
|              | box    | . |      |       |      |      |       |       |
|              |        | 5 |      |       |      |      |       |       |
|              |        | 0 |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Grapefruit   | \$ per | 5 |      | 3.19  | 3.33 | 4.67 | 3.93  | 3.88  |
|              | box    | . |      |       |      |      |       |       |
|              |        | 5 |      |       |      |      |       |       |
|              |        | 8 |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Tangerines   | \$ per | 1 |      | 13.58 | 7.98 | 1    | 7.47  | 12.47 |
|              | box    | 1 |      |       |      | 2.19 |       |       |
|              |        | . |      |       |      |      |       |       |
|              |        | 5 |      |       |      |      |       |       |
|              |        | 7 |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| [Field       |        |   |      |       |      |      |       |       |
| crops]{      |        |   |      |       |      |      |       |       |
| .smallcaps}: |        |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Potatoes     | \$ per | \ |      | 6.70  | \*\* | 7.33 | 9.62  | 9.49  |
|              | cwt.   | * |      |       |      |      |       |       |
|              |        | \ |      |       |      |      |       |       |
|              |        | * |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Hay, baled   | \$ per | \ |      | \*\*  | \*\* | 12   | 1     | 1     |
|              | ton    | * |      |       |      | 6.00 | 41.00 | 36.00 |
|              |        | \ |      |       |      |      |       |       |
|              |        | * |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Peanuts      | \$ per | \ |      | \*\*  | \*\* | 0    | 0.217 | 0.233 |
|              | lb.    | * |      |       |      | .216 |       |       |
|              |        | \ |      |       |      |      |       |       |
|              |        | * |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Corn\*       | \$ per |   |      |       |      | 3.98 | 4.10  | 4.15  |
|              | bu.    |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Oats\*       | \$ per |   |      |       |      | 2.88 | 3.10  | 2.30  |
|              | bu.    |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Cotton\*     | Cents  |   |      |       |      | 61.5 | 51.9  | 4.74  |
|              | per    |   |      |       |      |      |       |       |
|              | lb.    |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Sorghum\*    | \$ per |   |      |       |      | 7.40 | 5.13  | 5.29  |
|              | cwt.   |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Soybeans\*   | \$ per |   |      |       |      | 9.95 | 9.24  | 9.92  |
|              | bu.    |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Tobacco,     | \$ per |   |      |       |      | \*\* | \*\*  | \*\*  |
| Type 11-37\* | lb.    |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| Wheat,       | \$ per |   |      |       |      | 7.75 | 5.41  | 5.29  |
| Winter\*     | bu.    |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+
| ^1/^ Eggs,   |        |   |      |       |      |      |       |       |
| broilers and |        |   |      |       |      |      |       |       |
| hay prices   |        |   |      |       |      |      |       |       |
| are midmonth |        |   |      |       |      |      |       |       |
| estimates.   |        |   |      |       |      |      |       |       |
| Prices for   |        |   |      |       |      |      |       |       |
| the latest   |        |   |      |       |      |      |       |       |
| month for    |        |   |      |       |      |      |       |       |
| grains and   |        |   |      |       |      |      |       |       |
| soybeans are |        |   |      |       |      |      |       |       |
| midmonth     |        |   |      |       |      |      |       |       |
| estimates.   |        |   |      |       |      |      |       |       |
| Prices for   |        |   |      |       |      |      |       |       |
| most meat    |        |   |      |       |      |      |       |       |
| animals are  |        |   |      |       |      |      |       |       |
| first half   |        |   |      |       |      |      |       |       |
| of month and |        |   |      |       |      |      |       |       |
| other        |        |   |      |       |      |      |       |       |
| estimates    |        |   |      |       |      |      |       |       |
| are for the  |        |   |      |       |      |      |       |       |
| entire       |        |   |      |       |      |      |       |       |
| month.       |        |   |      |       |      |      |       |       |
|              |        |   |      |       |      |      |       |       |
| ^2/^ Before  |        |   |      |       |      |      |       |       |
| deductions   |        |   |      |       |      |      |       |       |
| for hauling  |        |   |      |       |      |      |       |       |
| and          |        |   |      |       |      |      |       |       |
| government   |        |   |      |       |      |      |       |       |
| withholding, |        |   |      |       |      |      |       |       |
| and includes |        |   |      |       |      |      |       |       |
| quantity and |        |   |      |       |      |      |       |       |
| other        |        |   |      |       |      |      |       |       |
| premiums,    |        |   |      |       |      |      |       |       |
| but excludes |        |   |      |       |      |      |       |       |
| hauling      |        |   |      |       |      |      |       |       |
| subsidies.   |        |   |      |       |      |      |       |       |
|              |        |   |      |       |      |      |       |       |
| \* Only      |        |   |      |       |      |      |       |       |
| marketing    |        |   |      |       |      |      |       |       |
| year average |        |   |      |       |      |      |       |       |
| prices are   |        |   |      |       |      |      |       |       |
| estimated    |        |   |      |       |      |      |       |       |
| for Florida, |        |   |      |       |      |      |       |       |
| except oats  |        |   |      |       |      |      |       |       |
| and sorghum  |        |   |      |       |      |      |       |       |
| which are    |        |   |      |       |      |      |       |       |
| not          |        |   |      |       |      |      |       |       |
| estimated.   |        |   |      |       |      |      |       |       |
|              |        |   |      |       |      |      |       |       |
| \*\* Not     |        |   |      |       |      |      |       |       |
| estimated    |        |   |      |       |      |      |       |       |
| this month.  |        |   |      |       |      |      |       |       |
+--------------+--------+---+------+-------+------+------+-------+-------+

**HIGHLIGHTS\--U.S. PRICES RECEIVED INDEXES**

**[All Crops]{.smallcaps}**

The January Index is 157, up 5.4 percent from December but 0.6 percent
below January 2008. Index increases for commercial vegetable, and
oil-bearing crops more than offset the Index decreases for cotton,
potatoes & dry beans, fruits & nuts, and food grains.

**[Food Grains]{.smallcaps}**: The January Index, at 209, is 0.5 percent
below the previous month and down 16 percent from a year ago. The
January all wheat price, at \$5.90 per bushel, is down seven cents from
December and \$2.06 below January 2008.

**[Feed Grains & Hay]{.smallcaps}**: The January Index is 180, unchanged
from last month but 4.0 percent above a year ago. The corn price, at
\$4.15 per bushel, is up five cents from last month and 17 cents above
January 2008. The all hay price, at \$136 per ton, is down \$5.00 from
December but \$10.00 higher than last January. Sorghum grain, at \$5.29
per hundredweight is 16 cents above December but \$2.11 below January
last year.

**[Oil-Bearing Crops]{.smallcaps}**: The January Index, at 178, is up
3.5 percent from December but unchanged from January 2008. The soybean
price, at \$9.92 per bushel, increased 68 cents from December but is
three cents below January 2008.

**[Cotton]{.smallcaps}**: The January Index, at 78, is down 9.3 percent
from December and 23 percent below last year. The January price, at 47.4
cents per pound, is down 4.5 cents from the previous month and 14.1
cents from last January.

**[Potatoes & Dry Beans]{.smallcaps}**: The January Index, at 164, is
down 2.4 percent from last month but 27 percent above January 2008. The
all potato price, at \$9.49 per hundredweight, is 13 cents below
December but up \$2.16 from last January. The all dry bean price, at
\$32.30 per hundredweight is down \$2.20 from the previous month but
\$4.90 above January 2008.

**[Fruits & Nuts]{.smallcaps}**: The January Index, at 121, is down 0.8
percent from December and 19 percent lower than a year ago. Price
decreases for strawberries, apples, lemons, and pears more than offset
the price increase for oranges.

**[Commercial Vegetables]{.smallcaps}**: The January Index, at 172, is
up 11 percent from last month and 25 percent above January 2008. Price
increases during January for lettuce, broccoli, cauliflower, and sweet
corn more than offset price declines for onions, tomatoes, snap beans,
and cucumbers.

**L[ivestock]{.smallcaps} & P[roducts]{.smallcaps}**

The January Index, at 115, is 3.4 percent below last month and down 11
percent from January 2008. Compared with a year ago, prices are lower
for milk, cattle, eggs, calves, and turkeys. Prices for broilers and
hogs are up from last year.

**[Meat Animals]{.smallcaps}**: The January Index, at 105, is up 1.0
percent from last month but 5.4 percent lower than last year. The
January hog price, at \$41.90 per hundredweight is unchanged from
December but \$4.70 higher than a year ago. The January beef cattle
price of \$80.50 per hundredweight is up 70 cents from last month but
\$6.80 lower than January 2008.

**[Dairy Products]{.smallcaps}**: The January Index, at 106, is down
10.9 percent from a month ago and 33 percent lower than January last
year. The January all milk price of \$13.80 per hundredweight declined
\$1.80 from last month and \$6.70 from January 2008. The fluid grade
milk price is down \$1.80 and the manufacturing grade milk price
declined \$2.70 from the previous month.

**[Poultry & Eggs]{.smallcaps}**: The January Index, at 149, is up 0.7
percent from December and a year ago. The January market egg price, at
89.6 cents per dozen, increased 3.6 cents from December but is 30.4
cents below January 2008. The January broiler price, at 48.0 cents per
pound, is unchanged from December but 4.0 cents above a year ago. The
January turkey price, at 43.7 cents per pound, declined 0.8 cent from
the previous month and 1.1 cents from a year earlier.

<table>
<colgroup>
<col style="width: 8%" />
<col style="width: 9%" />
<col style="width: 8%" />
<col style="width: 9%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 9%" />
<col style="width: 9%" />
<col style="width: 8%" />
<col style="width: 9%" />
<col style="width: 9%" />
</colgroup>
<tbody>
<tr class="odd">
<td colspan="11"><p><strong><span class="smallcaps">Prices Received for
Selected Agricultural Commodities, by months,</span></strong></p>
<p><strong><span class="smallcaps">United States, 2008 and
2009</span></strong></p></td>
</tr>
<tr class="even">
<td rowspan="2">Month</td>
<td colspan="2">All wheat</td>
<td colspan="2">Corn</td>
<td colspan="2">Soybeans</td>
<td colspan="2">Beef cattle <sup>1/</sup></td>
<td colspan="2">All hogs</td>
</tr>
<tr class="odd">
<td>2008</td>
<td>2009 <sup>2/</sup></td>
<td>2008</td>
<td>2009 <sup>2/</sup></td>
<td>2008</td>
<td>2009 <sup>2/</sup></td>
<td>2008</td>
<td>2009 <sup>2/</sup></td>
<td>2008</td>
<td>2009 <sup>2/</sup></td>
</tr>
<tr class="even">
<td> </td>
<td colspan="6"><em>Dollars per bushel</em></td>
<td colspan="4"><em>Dollars per cwt</em></td>
</tr>
<tr class="odd">
<td>Jan</td>
<td>7.96</td>
<td>5.90</td>
<td>3.98</td>
<td>4.15</td>
<td>9.95</td>
<td>9.92</td>
<td>87.30</td>
<td>80.50</td>
<td>37.20</td>
<td>41.90</td>
</tr>
<tr class="even">
<td>Feb</td>
<td>10.10</td>
<td></td>
<td>4.54</td>
<td></td>
<td>11.70</td>
<td></td>
<td>89.00</td>
<td></td>
<td>42.20</td>
<td></td>
</tr>
<tr class="odd">
<td>Mar</td>
<td>10.50</td>
<td></td>
<td>4.70</td>
<td></td>
<td>11.40</td>
<td></td>
<td>87.70</td>
<td></td>
<td>40.20</td>
<td></td>
</tr>
<tr class="even">
<td>Apr</td>
<td>10.10</td>
<td></td>
<td>5.14</td>
<td></td>
<td>12.00</td>
<td></td>
<td>86.60</td>
<td></td>
<td>44.10</td>
<td></td>
</tr>
<tr class="odd">
<td>May</td>
<td>8.87</td>
<td></td>
<td>5.27</td>
<td></td>
<td>12.10</td>
<td></td>
<td>91.10</td>
<td></td>
<td>55.30</td>
<td></td>
</tr>
<tr class="even">
<td>Jun</td>
<td>7.62</td>
<td></td>
<td>5.47</td>
<td></td>
<td>13.10</td>
<td></td>
<td>92.00</td>
<td></td>
<td>53.30</td>
<td></td>
</tr>
<tr class="odd">
<td>Jul</td>
<td>7.16</td>
<td></td>
<td>5.25</td>
<td></td>
<td>13.30</td>
<td></td>
<td>95.10</td>
<td></td>
<td>54.20</td>
<td></td>
</tr>
<tr class="even">
<td>Aug</td>
<td>7.64</td>
<td></td>
<td>5.26</td>
<td></td>
<td>12.80</td>
<td></td>
<td>96.10</td>
<td></td>
<td>60.60</td>
<td></td>
</tr>
<tr class="odd">
<td>Sep</td>
<td>7.43</td>
<td></td>
<td>5.02</td>
<td></td>
<td>10.70</td>
<td></td>
<td>94.40</td>
<td></td>
<td>52.70</td>
<td></td>
</tr>
<tr class="even">
<td>Oct</td>
<td>6.67</td>
<td></td>
<td>4.37</td>
<td></td>
<td>9.94</td>
<td></td>
<td>87.90</td>
<td></td>
<td>48.60</td>
<td></td>
</tr>
<tr class="odd">
<td>Nov</td>
<td>6.28</td>
<td></td>
<td>4.26</td>
<td></td>
<td>9.38</td>
<td></td>
<td>84.90</td>
<td></td>
<td>40.80</td>
<td></td>
</tr>
<tr class="even">
<td>Dec</td>
<td>5.97</td>
<td></td>
<td>4.10</td>
<td></td>
<td>9.24</td>
<td></td>
<td>79.80</td>
<td></td>
<td>41.90</td>
<td></td>
</tr>
<tr class="odd">
<td colspan="11"><p><sup>1/</sup> Cows, steers, and heifers.</p>
<p><sup>2/</sup> Current month prices are mid-month; prices for previous
months are for the entire month.</p></td>
</tr>
</tbody>
</table>