[Economic Indicators May, 2008]
[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 3.4 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 .....................................             115             120             111             150             151             148            77
2007 .....................................             136             142             130             161             163             161            84
 
2007:May .................................             136             140             132             161             162             160            84
      June ...............................             137             141             134             161             163             161            85
      July ...............................             139             141             137             162             164             162            86
      Aug ................................             139             142             137             162             164             162            86
      Sept ...............................             140             142             138             163             164             163            86
      Oct ................................             141             148             131             164             166             164            86
      Nov ................................             141             148             134             166             168             167            85
      Dec ................................             143             151             134             167             170             169            86
 
2008:Jan .................................             144             158             129             172             176             174            84
      Feb ................................             145             163             131             175             179             178            83
      Mar ................................             146             167             129             178             182             182            82
      Apr r...............................             145             168             127             181             186             187            80
      May ................................             150             172             132             184             189             190            82
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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.