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USDA Agricultural Prices

31 July 2015

USDA Agricultural Prices - June 2015USDA Agricultural Prices - June 2015

USDA Agricultural Prices

June Farm Prices Received Index Decreased 1.9 percent

The June Prices Received Index (Agricultural Production), at 105, decreased 1.9 percent from May. At 88, the Crop Production Index decreased 2.2 percent. The Livestock Production Index, at 121, decreased 0.8 percent. Producers received lower prices for cattle, broilers, and hay but higher prices for eggs, onions, and lettuce. In addition to prices, the indexes are impacted by the five-year average monthly mix of commodities producers market. Increased monthly movement of wheat, hay, grapes, and peaches offset the decreased marketing of cattle, strawberries, milk, and oranges. The Prices Received Index is down 7.1 percent from the previous year. The Food Commodities Index, at 113, decreased 1.7 percent from the previous month and is down 7.4 percent from June 2014.

June Prices Paid Index Unchanged

The June Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 109, is unchanged from May but is down 3.5 percent from June 2014. Lower prices during June for feeder pigs, hay & forages, complete feeds, and LP gas offset higher prices for feeder cattle, other services, supplements, and gasoline.

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