[Economic Indicators July, 1999]
[Page Number 25]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
PRICES RECEIVED AND PAID BY FARMERS

In July, prices received by farmers fell 4.1 percent while 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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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          r 90
1998......................................             101             106              97             117             116             115          r 86
 
1998:July ................................             102             107              96             116             115             115            88
      Aug ................................           r 101           r 103              99             116             115             114          r 87
      Sept ...............................            r 99           r 100              98             115             113             112          r 86
      Oct ................................              99             100              98             116             114             113            85
      Nov ................................            r 99           r 101              97             116             115             113          r 85
      Dec ................................            r 98             100              97           r 116             114           r 113          r 84
 
1999:Jan .................................              97              98              96             116             115             113            84
      Feb ................................              96            r 98              94             116             115             113            83
      Mar ................................            r 96            r 98              95             116             115             113          r 83
      Apr ................................              96             103              90             116             115             113            83
      May ................................            r 98           r 104              93             116             115             113          r 84
      June................................              98           r 100              95           r 117           r 115           r 113            84
      July................................              94              93              94             116             115             113            81
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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.