[Economic Indicators December, 2007]
[Page Number 25]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
PRICES RECEIVED AND PAID BY FARMERS

In December, prices received by farmers rose 3.4 percent; prices paid by 
farmers rose 0.6 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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1998 .....................................             102             107              97             115             114             113            89
1999......................................              96              97              95             115             113             111            83
2000 .....................................              96              96              97             119             118             115            81
2001 .....................................             102              99             106             123             121             120            83
2002 .....................................              98             105              90             124             121             119            79
2003 .....................................             107             111             103             128             125             124            84
2004 .....................................             119             115             122             133             132             131            89
2005 .....................................             115             111             120             142             141             139            81
2006 .....................................             115             119             112             148             148             146            78
2007 .....................................             138             143             132             158             159             156            87
 
2006:Dec .................................             120             126             113             149             149             147            81
 
2007:Jan .................................             123             130             116             152             152             148            81
      Feb ................................             127             137             120             153             154             150            83
      Mar ................................             133             141             126             155             156             153            86
      Apr ................................             134             140             129             157             158             156            85
      May ................................             137             141             134             157             158             156            87
      June ...............................             138             140             137             158             158             156            87
      July ...............................             140             141             140             158             159             157            89
      Aug ................................             140             141             139             158             159             158            89
      Sept ...............................             141             142             139             159             160             158            89
      Oct ................................             141             148             132             160             161             159            88
      Nov r...............................             146             155             136             161             163             161            91
      Dec ................................             151             165             136             162             164             163            93
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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.