[Economic Indicators May, 1999]
[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 3.1 percent while 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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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             103             104            97
1994......................................             100             105              95             106             106             106            94
1995......................................             102             112              92             109             108             108            93
1996......................................             112             127              99             115             115             115            98
1997 .....................................             107             116              98             118             118             119            91
1998......................................             101             106              97             117             116             115            87
 
1998:May .................................             103             112              96             117             117             116            88
      June ...............................             102             107              98             117             116             115            87
      July ...............................             102             107              96             116             115             115            88
      Aug ................................             102             105              99             116             115             114            88
      Sept ...............................             100             101              98             115             113             112            87
      Oct ................................              99             100              98             116             114             113            85
      Nov ................................             100             102              97             116             115             113            86
      Dec ................................              99             100              97             115             114             112            86
 
1999:Jan .................................              97              98              96             116             115             113            84
      Feb ................................              96              99              94             116             115             113            83
      Mar ................................              97              99              95             116             115             113            84
      Apr ................................            r 96           r 103              90             116             115             113          r 83
      May ................................              99             106              93             117             115             113            85
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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.