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



 
PRICES RECEIVED AND PAID BY FARMERS

In October, prices received by farmers fell 5.8 percent; prices paid by 
farmers fell 1.6 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             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           r 163             160            84
 
2007:Oct .................................             141             149             131             163             165             163            87
      Nov ................................             141             149             134             165             167             166            85
      Dec ................................             142             150             134             166             168             167            86
 
2008:Jan .................................             144             157             129             171             174             172            84
      Feb r...............................             145             162             131             173             177             175            84
      Mar r...............................             146             166             129             177             181             180            82
      Apr ................................             145             168             127             181             186             187            80
      May r...............................             150             170             134             185             191             193            81
      June r..............................             158             183             137             188             194             196            84
      July ...............................             159             182             138             191             197             201            83
      Aug ................................             156             177             137             192             199             203            81
      Sept r..............................             154             174             133             191             197             201            81
      Oct ................................             145             157             128             188             193             196            77
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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.