[Economic Indicators March, 1998]
[Page Number 25]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
PRICES RECEIVED AND PAID BY FARMERS

In March, prices received by farmers rose 2.0 percent and prices paid by 
farmers fell 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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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            97
1994......................................             100             105              95             106             105             106            94
1995......................................             102             112              92             110             109             109            93
1996......................................             112             126              99             115             114             115            98
1997......................................             107             115              99             116             116             116            92
                                                                                                                                                        
1997:Mar..................................             108             118              99             117             117             116            92
      Apr.................................             107             116             100             117             117             117            91
      May.................................             108             117             100             117             117             117            92
      June................................             108             119              98             117             116             117            92
      July................................             107             114             100             116             116             116            92
      Aug.................................             108             116              99             116             115             116            93
      Sept................................             107             114              99             116             116             116            92
      Oct.................................             107             114              97             116             115             115            92
      Nov.................................             107             115              98             116             115             115            92
      Dec.................................             105             111              97             116             115             115            91
                                                                                                                                                        
1998:Jan..................................             103             110              94             116             115             114            89
      Feb.................................           r 101           r 110            r 94           r 116             115             113            87
      Mar.................................             103             112              95             115             114             112            90
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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.