News & Events - Archived News

[ Up ]
 
Farm prices hold steady
The Star Tribune
December 5, 2000
 
CHEYENNE, Wyo. (AP) - Average prices received by Wyoming farmers and ranchers for their products during October remained the same compared to September but were 9 percent higher than a year ago. Prices on the Wyoming Agricultural Statistics Service's All Livestock Index dropped one point from the previous month but prices on the All Crops Index rose 2 points.

Compared to September, October's steer and heifer prices were up $1.70 per hundred pounds to $87.30. Cow prices, at $37, were down $1.60, while calf prices, at $106, were down $2 from the previous month.

Compared to last year, cow prices were down 60 cents, while steer and heifer prices rose $5.20 and calves were up $9.80.

Sheep prices, at $30, were down 90 cents from September but up $4.90 from last year. Lamb prices averaged $85, down $3.40 from the previous month but up $6.40 from last year.

October's average corn price, $2.15 per bushel, was up 12 cents from the last month and 39 cents from last year.

Oats averaged $1.70 per bushel, up 2 cents from September and up a dime from October 1999.

Wheat, at $2.71, was up 23 cents from September and 76 cents over a year earlier.

Feed barley averaged $1.67 per bushel, up 3 cents from the previous month but down 33 cents from last year.

Dry beans averaged $15.20 per 100 pounds, down $1.40 from last month and $2.50 from October a year ago.

Alfalfa prices averaged $86 per ton, up $5 from the previous month and $18 from last year.

Other hay prices averaged $81 per ton, up $4 from September and $19 from last year.

The Nov. 1 forecast for Wyoming's sugar beet crop was for a 2-percent decrease from last year due to less acreage harvested and a slightly lower yield, the Statistics Service said.

The government approved the payment-in-kind, or PIK, program to pay sugar beet and cane growers for their production and reduce an oversupply of the sweetener that has sent prices plunging.

Sugar beet growers intend to harvest 56,800 acres this year with an expected average yield of 20.7 tons per acre.

Last year, producers harvested 57,100 acres with an average yield of 21.1 tons per acre.