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USDA Agricultural Prices

01 May 2013

USDA Agricultural Prices - 30 April 2013USDA Agricultural Prices - 30 April 2013

USDA Agricultural Prices

April Farm Prices Received Index Decreased 12 Points

The preliminary All Farm Products Index of Prices Received by Farmers in April, at 189 percent, based on 1990-1992=100, decreased 12 points (6.0 percent) from March. The Crop Index is down 21 points (8.8 percent) and the Livestock Index decreased 1 point (0.6 percent). Producers received higher prices for hogs, milk, potatoes, and oranges and lower prices for corn, lettuce, eggs, and strawberries. 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 movement of cattle, strawberries, milk, and broilers offset decreased marketings of corn, soybeans, wheat, and hay.

The preliminary All Farm Products Index is up 11 points (6.2 percent) from April 2012. The Food Commodities Index, at 177, decreased 7 points (3.8 percent) from last month but increased 11 points (6.6 percent) from April 2012.

Prices Paid Index Unchanged

The April Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 220 percent of the 1990-1992 average. The index is unchanged from March but 5 points (2.3 percent) above April 2012. Higher prices in April for mixed fertilizer, concentrates, LP gas, and feeder cattle offset lower prices for feed grains, diesel, nitrogen, and gasoline.

Prices Received, Prices Paid, and Ratio of Prices Received to Prices Paid Indexes 1990-1992 Base – United States: April 2013 with Comparisons

May 2013

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