September Ag Prices Received Index Down 0.2 Percent, Prices Paid Down 0.1 Percent

 

September Prices Received Index Down 0.2 Percent   

The September Prices Received Index 2011 Base (Agricultural Production), at 131.2, decreased 0.2 percent from August but increased 21 percent from September 2021. At 127.0, the Crop Production Index was down 1.3 percent from last month but up 17 percent from the previous year. The Livestock Production Index, at 136.4, increased 1.3 percent from August, and 26 percent from September last year. Producers received lower prices during September for hogs, broilers, soybeans, and strawberries, but higher prices for market eggs, lettuce, cattle, and broccoli. In addition to prices, the indexes are influenced by the volume change of commodities producers market. In September, there was decreased marketing of cattle, wheat, upland cotton, and peaches and increased monthly movement for soybeans, corn, apples, and dry beans.   

September Prices Paid Index Down 0.1 Percent   

The September Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 136.3, is down 0.1 percent from August 2022 but up 13 percent from September 2021. Lower prices in September for feeder pigs, other services, LP gas, and gasoline more than offset higher prices for complete feeds, supplements, and concentrates. 

More: October 2022 Agricultural Prices