April Ag Prices Received Index Up 1.9 Percent, Prices Paid Down 0.2 Percent

April Prices Received Index Up 1.9 Percent 

The April Prices Received Index 2011 Base (Agricultural Production), at 130.8, increased 1.9 percent from March but decreased 2.2 percent from April 2022. At 125.6, the Crop Production Index was up 5.8 percent from last month and 2.4 percent from the previous year. The Livestock Production Index, at 135.8, decreased 1.8 percent from March, and 6.2 percent from April last year. Producers received higher prices during April for lettuce, broilers, cattle, and broccoli but lower prices for market eggs, hogs, milk, and apples. 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 lettuce and decreased marketing of corn, soybeans, hay, and cattle. 

April Prices Paid Index Down 0.2 Percent 

The April Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 139.7, is down 0.2 percent from March 2023 but up 1.5 percent from April 2022. Lower prices in April for feeder pigs, wage rates, nitrogen, and complete feeds more than offset higher prices for feeder cattle, hay & forages, gasoline, and LP gas.