[Economic Indicators March, 2008]
[Page Number 25]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
PRICES RECEIVED AND PAID BY FARMERS

In March, prices received by farmers rose 2.0 percent; prices paid by 
farmers rose 1.7 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             134             133             132            89
2005 .....................................             115             111             120             142             142             140            81
2006 .....................................             116             120             112             150             151             148            77
2007 .....................................             137             142             132             161             162             160            85
 
2007:Mar .................................             133             142             125             159             160             157            84
      Apr ................................             135             142             129             160             162             160            84
      May ................................             137             140             134             161             162             160            85
      June ...............................             139             141             137             161             162             160            86
      July ...............................             140             141             140             161             163             161            87
      Aug ................................             140             142             139             161             163             161            87
      Sept ...............................             141             142             139             162             163             161            87
      Oct ................................             141             148             132             163             165             163            87
      Nov ................................             142             148             136             165             167             165            86
      Dec ................................             144             151             136             165             167             166            87
 
2008:Jan .................................             145             158             131             170             173             171            85
      Feb r...............................             147             163             133             173             176             174            85
      Mar ................................             150             171             133             176             180             179            85
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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.