[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.)
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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           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
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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.
    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.