[Economic Indicators July, 2002] [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 rose 2.0 percent while prices paid by farmers were unchanged. (Data are not seasonally adjusted.) ____________________________________________________________________________________________________________________________________________ [1990-92=100; not seasonally adjusted] -------------------------------------------------------------------------------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------------------------------------------------------------------------------- 1992...................................... 98 101 97 101 101 101 97 1993...................................... 101 102 100 104 103 104 97 1994...................................... 100 105 95 106 r 105 106 94 1995...................................... 102 112 92 109 108 108 93 1996...................................... 112 127 99 115 115 115 98 1997 ..................................... 107 115 98 118 118 119 90 1998 ..................................... 102 107 97 115 114 113 89 1999...................................... 95 96 95 115 113 111 83 2000 ..................................... 96 96 97 120 118 116 81 2001 ..................................... 102 99 106 124 122 120 82 2001:July ................................ 108 104 112 124 122 120 87 Aug ................................ 110 109 111 124 122 120 89 Sept ............................... 106 r 103 111 124 122 120 85 Oct ................................ 95 r 89 104 123 121 119 77 Nov ................................ 94 r 90 99 123 121 118 76 Dec ................................ 93 90 96 122 120 117 76 2002:Jan ................................. 95 r 94 97 123 121 118 77 Feb ................................ 99 r 102 97 123 121 117 80 Mar ................................ r 106 117 95 123 121 118 r 86 Apr ................................ 95 100 90 123 121 119 77 May ................................ r 98 106 90 123 121 118 r 80 June r.............................. 98 106 91 123 121 118 80 July ............................... 100 111 89 123 121 118 81 -------------------------------------------------------------------------------------------------------------------------------------------------------- \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.