[Economic Indicators December, 2008]
[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 fell 5.7 percent; prices paid by 
farmers fell 2.2 percent. (Data are not seasonally adjusted.)
  ______________________________________________________________________


  ______________________________________________________________________

                                                         [1990-92=100; not seasonally adjusted]
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                      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
--------------------------------------------------------------------------------------------------------------------------------------------------------
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 r....................................             106             110             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             160            84
2008 p....................................             149             167             131             183             188             189            81
 
2007:Dec .................................             142             150             134             166             168             167            86
 
2008:Jan .................................             144             157             129             171             174             172            84
      Feb ................................             145             162             131             173             177             175            84
      Mar ................................             146             166             129             177             181             180            82
      Apr ................................             145             168             127             181             186             187            80
      May ................................             150             170             134             185             191             193            81
      June ...............................             158             183             137             189             194             197            84
      July r..............................             159             182             138             192             198             202            83
      Aug ................................             156             177             137             192             199             203            81
      Sept ...............................             154             174             133             191             197             201            81
      Oct ................................             151             168             127             187             192             194            81
      Nov r...............................             141             156             124             181             187             187            78
      Dec p...............................             133             145             120             177             182             182            75
--------------------------------------------------------------------------------------------------------------------------------------------------------

    \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.