[Economic Indicators January, 2003]
[Page Number 25]
[From the U.S. Government Publishing Office, www.gpo.gov]
PRICES RECEIVED AND PAID BY FARMERS
In January, prices received by farmers rose 1.0 percent while 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
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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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1993...................................... 101 102 100 104 103 104 97
1994...................................... 100 105 95 106 r 106 106 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...................................... r 96 96 95 115 113 111 83
2000 ..................................... 96 96 97 120 118 116 r 80
2001 ..................................... 102 99 106 124 122 120 83
2002 ..................................... 99 106 91 124 122 119 80
2002:Jan ................................. 95 r 94 97 122 121 117 78
Feb ................................ 99 r 102 97 123 120 117 80
Mar ................................ 106 117 r 96 123 121 118 86
Apr ................................ 95 r 101 90 123 121 118 77
May ................................ r 98 106 90 123 121 118 r 80
June ............................... r 99 r 107 91 123 121 118 80
July ............................... 100 111 89 r 124 121 119 81
Aug ................................ r 101 r 116 87 124 122 120 81
Sept ............................... r 100 r 111 86 125 123 121 r80
Oct ................................ 96 102 87 125 123 121 77
Nov r............................... 97 104 90 125 123 121 78
Dec ................................ 98 104 91 126 124 121 78
2003:Jan ................................. 99 102 95 126 124 122 79
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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.