oh-farm-reports

Ag Prices	 
Maple Syrup	 
Winter Wheat	
Supply/Demand	
Cash Receipts	


James E. Ramey, Director
USDA/NASS  Ohio Field Office
P.O. Box 686
Reyoldsburg, Ohio  43068
(614)728-2100

June 11, 2007

OHIO GRAIN, SOYBEAN AND HOG PRICES ALL RISE IN MAY

The Ohio winter wheat price in May of $4.39 per bushel is up 29 cents
from April and $1.04 above the May 2006 average price of $3.35. Ohio=s
May corn price of $3.66 per bushel is up 18 cents from April and $1.40
above the previous May price of $2.26 per bushel. The State=s May
soybean price of $7.44 per bushel is up 38 cents from April, and $1.66
above what was received at the same time last year. The alfalfa hay
price in May of $155.00 per ton is up $16.00 per ton from April and
$20.00 per ton higher than the price received one year ago. Other hay at
$95.00 per ton is up $8.00 from April and $27.00 above the price
received last year at this time. The May beef cattle price in Ohio of
$89.70 per cwt. is down 50 cents from April but $8.70 per cwt. higher
than the May 2006 average price. The steer and heifer price of $94.00
per cwt. is down $1.00 from April but $9.30 per cwt. higher than the May
2006 average price. The May cow price of $51.00 per cwt, is up $4.00
from April and $3.50 higher than the price received one year ago.
Calves, at $110.00 per cwt. are down $1.00 from the previous month and
$14.00 below the previous May price. Ohio=s May hog price of $49.10 per
cwt. is up $2.90 from April and $5.20 more than was received the
previous May. The May sow price of $32.20 per cwt, is up $4.50 from the
previous month, and identical to the price received at the same time
last year. The May barrow and gilt price of $50.00 per cwt. is up $2.80
from the previous month, and $5.40 more than was received in May 2006.
The May milk price of $18.00 per cwt. is up 90 cents from April and
$5.20 higher than the May 2006 price of $12.80 per cwt. The May egg
price of 70 cents per dozen is up 5.5 cents from April and 43 cents
higher than the May 2006 price of 27 cents per dozen. 

The preliminary All Farm Products Index of Prices Received by Farmers in
May, at 138 percent, based on 1990-92=100, increased 4 points (3.0
percent) from April. The Crop Index is up 3 points (2.1 percent) and the
Livestock Index increased 5 points (3.9 percent). Producers received
higher commodity prices for milk, hogs, hay, and broilers. Lower prices
were received for lettuce, cattle, broccoli, and cauliflower. The
overall index is also affected by the seasonal change based on a 3-year
average mix of commodities producers sell. Increased average marketings
of sweet corn, broilers, peaches, and wheat offset decreased marketings
of cattle, milk, oranges, and apples. The preliminary All Farm Products
Index is up 27 points (24 percent) from May 2006. The Food Commodities
Index, at 139, increased 4 points (3.0 percent) from last month and
increased 28 points (25 percent) from May 2006. 


	AGRICULTURAL PRICES, OHIO AND UNITED STATES,  MAY 2007 WITH COMPARISONS

Commodity 1/                Unit	             Ohio	                  U.S.
		                      May 2006	  Apr. 2007	May 2007	May 2007
Winter wheat	           Bu. $	3.35	    4.10	  4.39	          4.58
Corn	                   Bu. $	2.26	    3.48	  3.66	          3.48
Soybeans	           Bu. $	5.78	    7.06	  7.44	          7.15
Oats	                   Bu. $	  5/	      7/	    5/	          2.36
All hay, baled 2/	   Ton $      114.00	  116.00	136.00	        138.00
Alfalfa hay	           Ton $      135.00	  139.00	155.00	        144.00
 Other hay, baled 	   Ton $       68.00	   87.00	 95.00	        116.00
Potatoes	           Ton $          6/	      6/	    6/	          8.69
Apples, fresh use	   Lb. $       0.255	   0.410	 0.385	         0.295
Hogs	                   Cwt $       43.90	   46.20	 49.10	         52.00
 Sows	                   Cwt $       32.20	   27.70	 32.20	         32.60
 Barrows and gilts	   Cwt $       44.60	   47.20	 50.00	         52.80
All beef cattle	           Cwt $       81.00	   90.20	 89.70	         93.50
 Cows	                   Cwt $       47.50	   47.00	 51.00	         51.60
 Steers and heifers	   Cwt $       84.70	   95.00	 94.00	         98.60
Calves	                   Cwt $      124.00	  111.00	110.00	        126.00
Sheep	                   Cwt $       32.90	   33.60	     -	             -
Lambs	                   Cwt $       98.20	  113.00	     -	             -
Milk sold to plants	   Cwt $       12.80	   17.10	 18.00	         17.80
Milk sold for fluid use	   Cwt $       12.80	   17.20	     -	         17.80
Milk of mfg. grade	   Cwt $       11.70	   15.80	     -	         17.20
Eggs 3/	                   Doz $       0.270	   0.645	 0.700	         0.615
					
Hog-corn ratio 4/		        19.4	    13.3	  13.4	          14.9
1/ Monthly average except for current month. Current month is mid-month
price. 2/Mid-month price for all months. 3/Fresh market (table) eggs. 4/
Bushels of corn equal in value to 100 pounds of hogs live weight. 5/
Insufficient sales to establish a price. 6/ Estimates discontinued in
2005. 7/ Price not published to avoid disclosure of individual firms.

 

	             JUNE 2007 SUPPLY AND DEMAND 1/
	                         Corn	                      Wheat	      Soybeans
	                 2006/07    2007/08   	2006/07	  2007/08   	2006/07	   2007/08   
	                                         Million Bushels
Beginning Stocks          1,967	      987	  571	      417	  449	      610
Production	         10,535	   12,460	1,812	    2,168	3,188	    2,745
Imports	                     10	       15	  120	      100	    4	        4
 Total Supply	         12,512	   13,462	2,503	    2,684	3,642	    3,359
Domestic Use	          9,375	   10,490	1,177	    1,241	1,952	    1,959
Exports	                  2,150	    1,975	  910	    1,000	1,080	    1,080
 Total Use	         11,525	   12,465	2,087	    2,241	3,032	    3,039
Ending Stocks, Total	    987	      997	  417	      443	  610	      320
CCC Inventory	-	     -	       41	    -	        -	    -
Free Stocks	987 	     -	      376	    -	        -	    -
Average Price ($bu.) 3.00-3.10	3.10-3.70	 4.27	4.50-5.10	 6.30	6.65-7.65
1/ From World Agricultural Supply and Demand Estimates, ERS, FAS, USDA.


	OHIO MAPLE SYRUP PRODUCTION DOWN 4 PERCENT

Ohio's 2007 maple syrup production is ranked in fourth place nationally
along with Wisconsin, compared to fifth place last year. Ohio maple
syrup production was 75,000 gallons in 2007, a decrease in production of
3,000 gallons from 2006. The number of taps increased from 360,000 taps
in 2006 to 370,000 taps in 2007. The 2007 yield per tap was 0.203
gallons per tap, a decrease of 0.014 gallons per tap from last year.
Maple syrup collection started up on January 31, approximately 2 weeks
later than last year's start up date of January 15. The Ohio 2007
average season length decreased to 20 days from 28 days last year. The
average price per gallon decreased $2.00 per gallon from the 2006 price
of $36.00 per gallon to the 2007 price of $34.00 per gallon. The State's
value of production increased from $2.5 million last year to $2.7
million in 2007. 

The 2007 U.S. maple syrup production totaled 1.26 million gallons, down
13 percent from 2006. The number of taps is estimated at 7.28 million,
up less than 1 percent from the 2006 total of 7.26 million, while the
yield per tap is estimated to be 0.173 gallons, down 14 percent from the
previous season. 

Vermont led all States in production with 450,000 gallons, a decrease of
2 percent from 2006. Production in Maine, at 225,000 gallons, decreased
25 percent from last season. Production in New York, at 224,000 gallons,
is 11 percent below 2006. Production was down 25 percent in
Massachusetts and Wisconsin, 23 percent in Michigan and Pennsylvania, 20
percent in Connecticut, 6 percent in New Hampshire, and 4 percent in
Ohio. Decreased yields were the largest contributing factor to the
decrease in production. 

Temperatures were not favorable for sap flow in 2007 except in Ohio
where the majority of producers reported favorable weather. Producers in
New England experienced conditions that were mostly too cold for sap
flow. The remaining States, Michigan, Ohio, New York, Pennsylvania, and
Wisconsin, experienced weather that was mostly too warm for sap flow.
However, there were some extremely cold spells in many of these States
that also hindered sap flow. On average, the season lasted 27 days
compared with 28 days last year. New York reported the earliest season
opening date of January 5. Maine reported the latest sap flow in 2007
with an approximate season ending date of May 7. 

Sugar content of the sap for 2007 was down from the previous year. On
average, approximately 45 gallons of sap were required to produce one
gallon of syrup. This compares with 44 gallons in 2006 and 40 gallons in
2005. The majority of the syrup produced in each State this year was
medium to dark in color, except in Maine where most was reported to be
light in color. 

The 2006 U.S. average price per gallon was $31.30, up $1.40 from the
2005 price of $29.90. The U.S. value of production, at $45.3 million for
2006, was up 22 percent from 2005. Value of production increased in all
States except Massachusetts. 


MAPLE SYRUP: PRODUCTION 2006-20071 AND VALUE 2005-20062 BY STATE AND UNITED STATES

State	Number of
Taps	Yield per
Tap	
Production	Average Price
per Gallon	Value of
 Production
	2006	2007	2006	2007	2006	2007	2005	2006	2005	2006
	1,000 taps	gallons	1,000 gallons	Dollars	1,000 Dollars
CT	61	59	0.164	0.136	10	8	50.00	58.20	500	582
ME	1,315	1,310	0.228	0.172	300	225	21.50	24.30	5,698	7,290
MA	245	230	0.163	0.130	40	30	51.20	47.90	2,048	1,916
MI	375	400	0.208	0.150	78	60	36.00	37.00	2,088	2,886
NH	355	365	0.180	0.164	64	60	41.30	43.90	2,354	2,810
NY	1,530	1,470	0.165	0.152	253	224	31.70	31.70	7,037	8,020
OH	360	370	0.217	0.203	78	75	36.00	34.00	2,484	2,652
PA	449	445	0.147	0.115	66	51	31.50	32.50	1,922	2,145
VT	2,170	2,170	0.212	0.207	460	450	27.80	30.20	11,398	13,892
WI	400	460	0.250	0.163	100	75	32.40	31.20	1,620	3,120
US	7,260	7,279	0.200	0.173	1,449	1,258	29.90	31.30	37,149	45,313
1/ 2006 Revised 2/ Price and value for 2005 are revised. Price and value
for 2007 are not available until June, 2008.
 

 
OHIO WINTER WHEAT PRODUCTION FORECAST UNCHANGED FROM MAY
U.S. PRODUCTION DOWN SLIGHTLY

Based on the June 1 yield survey, Ohio winter wheat producers expect to
harvest 48.6 million bushels in 2007, unchanged from the May forecast
but down 25 percent from the previous year. Producers are expecting to
harvest 760,000 acres for grain or seed from the 870,000 acres seeded
last fall. The average State yield is forecast at 64 bushels per acre,
unchanged from May but four bushels below the 2006 average. U.S. winter
wheat production is forecast at 1.61 billion bushels, down slightly from
the May 1 forecast but 24 percent above 2006. Based on June 1
conditions, the U.S. yield is forecast at 43.2 bushels per acre, down
0.3 bushel from last month but 1.5 bushels more than last year. Grain
area totals 37.2 million acres, up fractionally from May 1. Hard Red
production is up slightly from a month ago to 1.03 billion bushels. Soft
Red is down 2 percent from last month and now totals 341 million
bushels. White production totals 237 million bushels, down 1 percent
from last month. Of the White production total, 18.9 million bushels are
Hard White and 218 million bushels are Soft White. 


	WINTER WHEAT AREA HARVESTED YIELD AND PRODUCTION SELECTED STATES 
	AND UNITED STATES 2006 AND FORECASTED JUNE 1, 2007
State	             Area for harvest	     Yield	      Production
                    2006	2007 1/	  2006	2007 1/	   2006	      2007 1/
	              (000) acres	    Bu./acre	   (000) bushels
Ohio	            960	          760	 68.0	64.0	   65,280     48,640
Indiana	            460	          410	 69.0	59.0	   31,740     24,190
Illinois	    910	          810	 67.0	55.0	   60,970     44,550
Missouri	    910	          800	 54.0	42.0	   49,140     33,600
Arkansas	    305	          600	 61.0	42.0	   18,605     25,200
Texas	          1,400	        3,900	 24.0	35.0	   33,600    136,500
Oklahoma	  3,400	        4,600	 24.0	33.0	   81,600    151,800
Kansas	          9,100	        9,500	 32.0	38.0	  291,200    361,000
Colorado	  1,900	        2,100	 21.0	37.0	   39,900     77,700
Montana	          1,920	        2,150	 43.0	42.0	   82,560     90,300
U.S.	         31,117	       37,222	 41.7   43.2	1,298,081  1,609,679
1/ Forecast.


	WHEAT:  PRODUCTION BY CLASS, UNITED STATES, 2004-2005 AND FORECASTED JUNE 1, 2007 1/
Year	                      Winter	                        Spring
                 Hard red    Soft red	 White        Hard red   White   Durum	  Total
		                         Thousand Bushels		
2005	         929,820      309,021	260,288	      466,587	37,869	101,105	 2,104,690
2006	         682,079      390,165	225,837	      432,339	28,141	 53,475	 1,812,036
2007 2/	       1,031,745      340,525	237,409	            -	     -	      -	         -
1/ Wheat class estimates are based on varietal acreage survey data. The
previous end-of-season class percentages are used throughout the
forecast season. 2/ Spring wheat production by class and total
production will be published in ACrop Production@ released July 12,
2007.


                    	U.S. INDEX SUMMARY TABLE
   Index
1990-92=100	           2006	               2007
                    April	May      April	    May
				
Prices Received	     111	111	  134	    138
Prices Paid	     148	149	  157	    158
Ratio 1/	      75	 74	   85	     87
1/ Ratio of index of prices received by farmers to index of prices paid.
 

	2007 CASH RECEIPTS FOR MAJOR LIVESTOCK AND CROP CATEGORIES
Item	                          Ohio	                          U.S.
	                 January	February	January	      February
                       2006    2007   2006   2007         2007	         2007
                                            Thousand Dollars
Meat animals	        -	-	-	-	4,934,285	4,700,226
Dairy Products	        -	-	-	-	2,285,444	2,107,573
Poultry/Eggs	        -	-	-	-	2,488,051	2,408,819
Misc. Livestock	        -	-	-	- 	  348,951	  269,712
Livestock	  190,303 186,641 175,779 193,649      10,056,731	9,486,330
Food Grains	        -	-	-	-	  766,255	  593,170
Feed Crops	        -	-	-	-	4,363,275	2,927,314
Cotton	                -	-	-	-	  736,379	  370,487
Tobacco	                -	-	-	-	  106,290	   22,022
Oil Crops	        -	-	-	-	2,397,507	1,127,731
Vegetables	        -	-	-	-	1,139,004	1,051,823
Fruits/Nuts	        -	-	-	-	  889,272	  872,697
All Other Crops	        -	-	-	-	1,279,134	1,275,370
Crops	          299,813 386,921 195,014 271,766      11,677,115	  8,240616
						
All Commodities	 490,115  573,562 370,793 465,414      21,733,847	17,726,946