Prices received by New York producers for milk sold during November increased from October prices, according to King Whetstone, U.S. Agriculture Department National Agricultural Statistics Service, New York Field Office director.
The price of hay increased also. The price of corn, potatoes and apples decreased. Many previous month prices were revised due to more complete sales information.
Dairy farmers in New York received an average of $22.80 per hundredweight of milk sold during November, a 90 cent increase from October and an increase of $1.20 from November 2011.
Grain corn, at $7.12 per bushel, decreased 13 cents from October but was 76 cents more than November 2011 prices. Hay averaged $156 per ton, an increase of $26 from last month and $59 from November 2011. Potatoes averaged $13 per cwt, decreased 40 cents from October and $1.80 from last year. Apples, at $51.40 per cwt., decreased $4.70 from the previous month but were $15.10 more than November 2011.
The preliminary All Farm Products Index of Prices Received by Farmers in November, at 203 percent, based on 1990-1992=100, decreased 6 points, 2.9 percent, from October. The Crop Index decreased 7 points, or 3 percent, but the Livestock Index increased 5 points, 3.1 percent. Producers received lower prices for soybeans, corn and apples and higher prices for broilers, eggs and milk. In addition to prices, the overall index is also affected by the seasonal change based on a three-year average mix of commodities producers sell. Increased monthly movement of corn, milk, cattle and cotton offset the decreased marketing of soybeans, peanuts, potatoes and sunflowers.