[Economic Report of the President (2003)]
[Administration of George W. Bush]
[Online through the Government Publishing Office, www.gpo.gov]


 
Table B-101.--Agricultural price indexes and farm real estate value, 1975-2002
[1990-92=100, except as noted]
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Prices received by                                        Prices paid by farmers
farmers        -----------------------------------------------------------------------------------------------
------------------------    All                                  Production items                                       Adden-  dum:
commod-  ---------------------------------------------------------------------------             Average
ities,                                                                                        farm  real
Year or  month                          All            Live-  services,                     Live-            Agri-                                              estate
farm            stock                                stock            cul-            Farm    Farm             Wage    value  per
prod-   Crops    and   interest,  Total\2\   Feed     and   Fertil-   tural   Fuels    ma-    serv-   Rent    rates       acre
ucts            prod-    taxes,                      poul-    izer   chemi-           chin-   ices                    (dollars)\3\
ucts   and  wage                     try               cals            ery
rates\1\
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1975.......................................................      73      88      62        47        55       83      39       87      72      40      38        48            44         340
1976.......................................................      75      87      64        50        59       83      47       74      78      43      43        52            48         397
1977.......................................................      73      83      64        53        61       82      48       72      71      46      47        57            51         474
1978.......................................................      83      89      78        58        67       80      65       72      66      48      51        60            55         531
1979.......................................................      94      98      90        66        76       89      88       77      67      61      56        66            60         628

1980.......................................................      98     107      89        75        85       98      85       96      71      86      63        81            65         737
1981.......................................................     100     111      89        82        92      110      80      104      77      98      70        89            70         819
1982.......................................................      94      98      90        86        94       99      78      105      83      97      76        96            74         823
1983.......................................................      98     108      88        86        92      107      76      100      87      94      81        82            76         788
1984.......................................................     101     111      91        89        94      112      73      103      90      93      85        86            77         801

1985.......................................................      91      97      86        86        91       95      74       98      90      93      85        85            78         713
1986.......................................................      87      87      88        85        86       88      73       90      89      76      83        83            81         640
1987.......................................................      89      86      91        87        87       83      85       86      87      76      85        84            85         599
1988.......................................................      99     105      93        91        90      104      91       94      89      77      89        85            87         632
1989.......................................................     104     109     100        96        95      110      93       99      93      83      94        91            95         668

1990.......................................................     104     103     105        99        99      103     102       97      95     100      96      96      96      96         683
1991.......................................................     100     101      99       100       100       98     102      103     101     104     100      98     100     100         703
1992.......................................................      99     101      97       101       101       99      96      100     103      96     104     103     104     105         713
1993.......................................................     101     102     100       104       104      102     104       96     109      93     107     110     100     108         736
1994.......................................................     100     105      95       106       106      106      94      105     112      89     113     110     108     111         798

1995.......................................................     102     112      92       109       108      103      82      121     116      89     120     115     117     114         844
1996.......................................................     112     127      99       115       115      129      75      125     119     102     125     116     128     117         887
1997.......................................................     107     115      98       118       119      125      94      121     121     106     128     116     136     123         926
1998.......................................................     102     107      97       115       113      110      88      112     122      84     132     115     120     129         974
1999.......................................................      95      96      95       115       111      100      95      105     121      93     135     116     113     135       1,020

2000.......................................................      96      96      97       120       116      102     110      110     120     134     139     119     110     140       1,080
2001.......................................................     102      99     106       124       120      109     111      123     120     119     144     121     117     146       1,150
2002.......................................................      98     106      91       124       119      113     101      108     119     110     146     120     119     152       1,210

2001: Jan..................................................      97      94     100       125       121      112     111      135     123     137     141     120     117     150       1,150
Feb..................................................     100      98     102       124       121      108     108      140     121     135     142     120     117     150   ............
Mar..................................................     103      99     107       124       120      107     109      140     121     123     142     120     117     150   ............
Apr..................................................     106     103     109       124       120      106     113      135     121     127     143     120     117     144   ............
May..................................................     108     105     110       124       120      106     110      129     121     135     143     120     117     144   ............
June.................................................     107     102     113       124       120      107     113      123     120     130     143     122     117     144   ............

July.................................................     108     104     112       123       120      108     114      119     120     112     144     122     117     143   ............
Aug..................................................     110     109     111       124       120      111     113      115     120     115     144     122     117     143   ............
Sept.................................................     106     102     111       124       120      110     112      113     120     128     145     122     117     143   ............
Oct..................................................      94      88     104       123       119      109     113      110     120     105     145     121     117     148   ............
Nov..................................................      93      89      99       122       118      109     107      108     120      96     145     120     117     148   ............
Dec..................................................      93      90      96       122       117      109     110      107     120      79     146     120     117     148   ............

2002: Jan..................................................      95      93      97       122       117      108     109      108     120      83     146     120     119     155       1,210
Feb..................................................      99     101      97       123       117      107     110      108     118      86     146     120     119     155   ............
Mar..................................................     106     117      95       123       118      109     106      107     119     101     147     120     119     155   ............
Apr..................................................      95     100      90       123       118      109     102      107     119     114     147     119     119     153   ............
May..................................................      98     106      90       123       118      109      98      107     118     110     148     120     119     153   ............
June.................................................      98     106      91       123       118      110      95      109     118     109     145     121     119     153   ............

July.................................................     100     111      89       123       119      114      96      109     118     113     145     121     119     149   ............
Aug..................................................     100     114      87       124       120      117      97      109     118     116     145     121     119     149   ............
Sept.................................................      99     110      86       125       121      120      98      109     118     130     146     121     119     149   ............
Oct..................................................      96     102      87       125       121      118     101      110     117     139     145     120     119     154   ............
Nov..................................................      98     104      90       125       121      117     105      112     117     124     146     120     119     154   ............
Dec..................................................      97     102      91       125       121      116     109      113     117     122     146     120     119     154   ............
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\1\ Includes items used for family living, not shown separately.
\2\ Includes other production items not shown separately.
\3\ Average for 48 States. Annual data are: March 1 for 1975, February 1 for 1976-81, April 1 for 1982-85, February 1 for 1986-89, and January 1 for 1990-2002.

Note.--Data on a 1990-92 base prior to 1975 have not been calculated by Department of Agriculture.

Source: Department of Agriculture, National Agricultural Statistics Service.