ThePigSite.com - news, features, articles and disease information for the swine industry

USDA Agricultural Prices


29 September 2014

USDA Agricultural Prices - 29 September 2014USDA Agricultural Prices - 29 September 2014


USDA Agricultural Prices

September Farm Prices Received Index Decreased 3 Points

The preliminary All Farm Products Index of Prices Received by Farmers in September, at 106 percent, based on 2011=100, decreased 3 points (2.8 percent) from August. The Crop Index is down 3 points (3.3 percent) but the Livestock Index was unchanged. Producers received lower prices for hogs, corn, soybeans, and cattle. Higher prices were received for broilers, milk, strawberries, and apples. 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 soybeans, corn, potatoes, and calves offset the decreased marketing of cattle, wheat, cotton, and barley.

The preliminary All Farm Products Index is up 3 points (2.9 percent) from September 2013. The Food Commodities Index, at 119, decreased 1 point (0.8 percent) from last month but increased 13 points (12 percent) from September 2013.

Prices Paid Index Unchanged

The September Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is at 111 (2011=100). The index is unchanged from August but 4 points (3.

7 percent) above September 2013. Higher prices in September for feeder cattle, potash & phosphate, LP gas, and herbicides offset lower prices for complete feeds, feeder pigs, hay & forages, and feed grains.

DOWNLOAD REPORT:- Download this report here

Our Sponsors

Partners


Seasonal Picks

The Commuter Pig Keeper - 5m Books