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USDA Agricultural Prices


03 December 2012

USDA Agricultural Prices: November Farm Prices Received Index Down 6 PointsUSDA Agricultural Prices: November Farm Prices Received Index Down 6 Points

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.
USDA Agricultural Prices

The Crop Index is down 7 points (3.0 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 3-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.

The preliminary All Farm Products Index is up 19 points (10 percent) from November 2011. The Food Commodities Index, at 188, decreased 8 points (4.1 percent) from last month but increased 16 points (9.3 percent) from November 2011.

Prices Paid Index Down 1 Point

The November Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 217 percent of the 1990-1992 average. The index is down 1 point (-0.5 percent) from October but 11 points (5.3 percent) above November 2011. Lower prices in November for concentrates, diesel, supplements, and gasoline offset higher prices for feeder pigs, mixed fertilizer, supplies, and complete feeds.

Received Indexes by Month,
Livestock Products, All Products, and All Crops –
United States: 1990-1992=100



Received Indexes by Month,
Food Grains, Feed Grains & Hay, and Oilseeds –
United States: 1990-1992=100



Received Indexes by Month,
Meat Animal, Dairy Product, and Poultry & Egg –
United States: 1990-1992=100

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