[Economic Indicators January, 1996]
[Page Number 25]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
PRICES RECEIVED AND PAID BY FARMERS

In January, prices received by farmers rose 1.9 percent from their 
December level. Prices paid by farmers in January were unchanged from 
their October level. (Data are not seasonally adjusted.)
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                                                         [1990-92=100; not seasonally adjusted]                                                         
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                                                      Prices received by farmers                        Prices paid by farmers                          
                                           ------------------------------------------------------------------------------------------------             
                                                                                                  All                                                   
                                                                                             commodities,      Production                               
                  Period                        All farm                     Livestock and     services,        items,         Production     Ratio\2\  
                                               products          Crops         products        interest,       interest,         items                  
                                                                                              taxes, and      taxes, and                                
                                                                                             wage rates\1\    wage rates                                
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1986......................................              87              87              88              85              85              86           103
1987......................................              89              86              91              87              87              87           102
1988......................................              99             104              93              91              92              90           108
1989......................................             104             109             100              96              97              95           108
1990......................................             104             103             105              99              99              99           105
1991......................................             100             101              99             100             100             100            99
1992......................................              98             101              97             101             101             101           r98
1993......................................             101             102             100             103            r102             103            98
1994......................................             100             105              95             106             106             106            94
1995......................................             102             112              92             109             108             108            94
                                                                                                                                                        
                                                                                                                                                        
1995:Jan..................................              98             103              93             108             107            r107            91
      Feb.................................             r97            r101              94           (\3\)           (\3\)           (\3\)           r90
      Mar.................................             r99            r107              93           (\3\)           (\3\)           (\3\)           r92
      Apr.................................             r99            r113              90             108             107             107           r92
      May.................................            r101            r117              88           (\3\)           (\3\)           (\3\)           r94
      June................................             100            r113              90           (\3\)           (\3\)           (\3\)            93
      July................................             101            r114              91             108             107             107            94
      Aug.................................             102            r114              92           (\3\)           (\3\)           (\3\)            94
      Sept................................            r105            r115              93           (\3\)           (\3\)           (\3\)           r97
      Oct.................................             104            r114              92            r111            r109            r110           r94
      Nov.................................            r106            r117              94           (\3\)           (\3\)           (\3\)           r95
      Dec.................................             108             118              96           (\3\)           (\3\)           (\3\)            97
                                                                                                                                                        
1996:Jan..................................             110             125              93             111             110             111            99
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    \1\Includes items not shown 
separately.
    \2\Percentage ratio of index of 
prices received by farmers to index 
of prices paid, interest, taxes, and 
wage rates. See also footnote 3.
    \3\Prices paid by farmers are 
available only for first month in 
quarter, and for each month the 
received/paid ratio is based on 
latest data available.
    Note.--The official indexes are 
published on a 1910-14 base as 
required by law. The indexes have 
been converted to a 1990-92=100 base 
to facilitate comparison with other 
indexes.

    Source: Department of 
Agriculture.