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



 
PRICES RECEIVED AND PAID BY FARMERS

In November, prices received by farmers fell 1.8 percent and prices paid 
by farmers were unchanged. (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            97
1993......................................             101             102             100             104             102             103            98
1994......................................             100             105              95             106             107             106            94
1995......................................             102             112              92             110             109             109            92
                                                                                                                                                        
1995:Nov..................................             106             117              94             111             111             111            95
      Dec.................................             108             118              96             112             112             112            96
                                                                                                                                                        
1996:Jan..................................             108             122              94             113             113             113            96
      Feb.................................             106             122              93             113             113             113            94
      Mar.................................             109             129              93             114             114             114            96
      Apr.................................             108             129              93             114             114             114            95
      May.................................             111             131              96             115             114             115            97
      June................................             118             141              99             115             114             115           103
      July................................             118             136             103             115             114             116           103
      Aug.................................             116             130             103             115             114             116           101
      Sept................................             116             125             106             115             114             116           101
      Oct.................................             112             119             103             115             114             114            97
      Nov.................................             110             116             103             115             114             114            96
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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.