USDA Apr Farm Prices - Jun 24
June 24 2017 - 10:13PM
Dow Jones News
The index of prices received by U.S. farmers for their products
in April was +2.0% From March, and +4.4% From a year earlier, the
U.S. Department of Agriculture said. April Prices Received Index
Increased 2.0 Percent The April Prices Received Index (Agricultural
Production), at 96.7, increased 2.0 percent from March 2017. At
93.1, the Crop Production Index increased 6.5 percent. At 99.5, the
Livestock Production Index decreased 1.1 percent. Producers
received higher prices for lettuce, cattle, broilers, and broccoli
but lower prices for market eggs, milk, hogs, and strawberries.
Compared with a year earlier, the Prices Received Index is up 4.4
percent. The Crop Production Index increased 8.8 percent and the
Livestock Production Index is up 2.2 percent. In addition to
prices, the indexes are influenced by the monthly mix of
commodities producers market. Increased monthly movement of
oranges, lettuce, milk, and strawberries offset the decreased
marketing of corn, cattle, soybeans, and hay. The Food Commodities
Index, at 101.8, increased 1.4 percent from the previous month and
is up 5.6 percent from April 2016. April Prices Paid Index Up 0.4
Percent The April Prices Paid Index for Commodities and Services,
Interest, Taxes, and Farm Wage Rates (PPITW), at 106.9, is up 0.4
percent from March 2017 and is up 0.8 percent from April 2016.
Higher prices for feeder cattle, hay & forages, nitrogen, and
other services more than offset lower prices for feeder pigs, wage
rates, complete feeds, and concentrates. Index Summary Table
=========================================================================
2015 2015 2016 2016 Index
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1990-92=100 Apr May Apr May
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Prices Received 92.6 92.6 94.8 96.7 Prices Paid 106.5 106.1 106.5
106.9 Ratio 1/ 88 88 89 91
=========================================================================
1/ Ratio of index of prices received by farmers to index of prices
paid by farmers. Write to Rodney Christian at
csstat@dowjones.com
(END) Dow Jones Newswires
June 24, 2017 21:58 ET (01:58 GMT)
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