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



 
PRICES RECEIVED AND PAID BY FARMERS

In July, prices received by farmers rose 1.9 percent; prices paid by 
farmers rose 1.1 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           r 117             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:July ................................             139             141             137             162             163             162            86
      Aug................................             139             142             137             162             163             162            86
      Sept r..............................             140             143             138             162             164             163            86
      Oct r...............................             141             149             131             164             166             164            86
      Nov r...............................             142             149             134             165             168             166            86
      Dec r...............................             143             151             134             167             169             168            86
 
2008:Jan r................................             144             158             129             171             175             173            84
      Feb r...............................             145             163             131             174             178             176            83
      Mar r...............................             146             167             129             177             181             180            82
      Apr r...............................             145             168             127             181             186             187            80
      May r...............................             150             170             134             186             191             193            81
      June r..............................             158             183             137             189             195             197            84
      July ...............................             161             186             138             191             198             201            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.
    Data reflect annual revisions 
released on July 31, 2008.
    Source: Department of 
Agriculture.