Grain prices up, hog prices way down

REYNOLDSBURG, Ohio – The November winter wheat price for Ohio was $6.58 per bushel, down 83 cents from October but $2.44 above the November 2006 average price of $4.14.
The state’s November soybean price of $9.44 per bushel was up $1 from October, and $3.22 above what was received at the same time last year.
Ohio’s November corn price of $3.62 per bushel was up 33 cents from October and 70 cents above the previous November price of $2.92 per bushel.
The alfalfa hay price in November of $170 per ton was up $15 from October and $35 per ton higher than the price received one year ago. Other hay stayed at $110 per ton, same as in October, but $31 above the price received last year at this time.
Livestock. The November beef cattle price in Ohio of $79.90 per hundredweight was down $3.80 from October and 70 cents per hundredweight lower than the November 2006 average price.
The steer and heifer price of $84 per hundredweight was down $4.10 from October and 90 cents per hundredweight lower than the November 2006, average price. The November cow price of $43 per hundredweight was down $1.30 cents from October but 80 cents higher than the price received one year ago.
Calves, at $99 per hundredweight, were down $2 from October but $3 higher than the previous November price.
Ohio’s November hog price of $35.80 per hundredweight was down $3.80 from October and $7.70 less than was received the previous November. The November sow price of $26 per hundredweight was down $1.50 from October and $9.30 lower than the November 2006, average price.
The November barrow and gilt price of $36.40 per hundredweight was down $4 from the previous month, and $7.60 less than was received in November 2006.
Milk and eggs. The November milk price of $22.30 per hundredweight was down 20 cents from October, but $7.40 higher than the November 2006, price of $14.90 per hundredweight.
The November egg price of $1.20 cents per dozen was up 36.6 cents from November and 47 cents higher than the November 2006, price.
The preliminary all farm products index of prices received by farmers in November, at 143 percent, (based on 1990-1992=100) increased two points (1.4 percent) from October.
The crop index is up two points (1.4 percent) and the livestock index increased three points (2.3 percent). Producers received higher commodity prices for soybeans, eggs, corn, and broilers and lower prices were received for lettuce, hogs, cattle and broccoli.
The overall index is also affected by the seasonal change based on a three-year average mix of commodities producers sell.
Marketings. Increased average marketings of milk, cattle, cotton and cottonseed offset decreased marketings of soybeans, peanuts, potatoes and lettuce.
The preliminary all farm products index is up 24 points 20 percent) from November 2006. The food commodities index, at 147, increased two points (1.4 percent) from last month and increased 27 points (23 percent) from November 2006.