[Economic Indicators May, 1996] [Page Number 25] [From the U.S. Government Publishing Office, www.gpo.gov] PRICES RECEIVED AND PAID BY FARMERS In May, prices received by farmers rose 3.7 percent and prices paid by farmers rose 0.9 percent. (Data are not seasonally adjusted.) ____________________________________________________________________________________________________________________________________________ [1990-92=100; not seasonally adjusted] -------------------------------------------------------------------------------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------------------------------------------------------------------------------- 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 r97 1993...................................... 101 102 100 103 102 103 98 1994...................................... 100 105 95 106 106 106 94 1995...................................... 102 112 92 110 109 109 r92 1995:May.................................. 100 117 88 109 r109 r108 92 June................................ 100 113 90 r110 109 r109 r91 July................................ 101 114 91 110 109 109 92 Aug................................. 102 114 92 r110 109 r109 r93 Sept................................ 105 115 94 110 109 109 95 Oct................................. 104 114 92 r111 r110 r110 r94 Nov................................. 106 117 94 111 r111 r111 95 Dec................................. 108 118 96 112 r112 r112 96 1996:Jan.................................. 108 122 94 r113 r113 r113 96 Feb................................. 106 122 93 113 r113 113 94 Mar................................. 109 128 93 114 114 r114 96 Aprr................................ 108 128 93 114 114 114 95 May................................. 112 132 96 115 114 116 97 -------------------------------------------------------------------------------------------------------------------------------------------------------- \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. 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.