[Economic Indicators May, 2003]
[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 5.9 percent; prices paid by 
farmers fell 0.8 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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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             115              98             118             118             119            90
1998 .....................................             102             107              97             115             114             113            89
1999......................................              96              96              95             115             113             111            83
2000 .....................................              96              96              97             120             118             116            80
2001 .....................................             102              99             106             123             122             120            83
2002 .....................................              98             106              90             124             122             119            79
 
2002:May .................................              96             105              89             123             121             118            78
      June ...............................              98             106              90             123             121             118            80
      July ...............................             100             111              88             123             121             119            81
      Aug ................................             101             116              87             124             122             120            81
      Sept ...............................              99             111              85             125             123             121            79
      Oct ................................              95             101              87             125             123             121            76
      Nov ................................              97             104              89             125             123             121            78
      Dec ................................             100             107              91             125             123             121            80
 
2003:Jan .................................              99             103              96             126             124             121            79
      Feb.................................              99             103              95             126             124             122            79
      Mar.................................              99             105              93             127             125             122            78
      Apr.................................             101             111            r 94             128             126             123            79
      May.................................             107             121              96             127             126             123            84
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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.