April Ag Prices Received Index Up 5.1 Percent, Prices Paid Up 1.0 Percent

April Prices Received Index Up 5.1 Percent   

The April Prices Received Index 2011 Base (Agricultural Production), at 133.8, increased 5.1 percent from March and 28 percent from April 2021. At 122.6, the Crop Production Index was up 1.7 percent from last month and 17 percent from the previous year. The Livestock Production Index, at 145.1, increased 8.0 percent from March, and 40 percent from April last year. Producers received higher prices during April for broilers, market eggs, corn, and milk but lower prices for lettuce, celery, cauliflower, and oranges. In addition to prices, the volume change of commodities marketed also influences the indexes. In April, there was increased monthly movement for strawberries, milk, broilers, and oranges and decreased marketing of corn, soybeans, cattle, and hay.    

April Prices Paid Index Up 1.0 Percent   

The April Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 133.0, is up 1.0 percent from March 2022 and 14 percent from April 2021. Higher prices in April for complete feeds, other services, nitrogen, and feed grains more than offset lower prices for feeder pigs, LP gas, gasoline, and supplements.