June Ag Prices Received Index Up 2.5 Percent , Prices Paid Index Down 0.2 Percent

June Prices Received Index Up 2.5 Percent  

The June Prices Received Index 2011 Base (Agricultural Production), at 126.9, increased 2.5 percent from May but decreased 0.4 percent from June 2023. At 107.8, the Crop Production Index was up 4.0 percent from last month but down 11 percent from the previous year. The Livestock Production Index, at 147.3, increased 3.1 percent from May and 9.6 percent from June last year. Producers received higher prices during June for market eggs, lettuce, strawberries, and broccoli but lower prices for tomatoes, peaches, hay, and broilers. In addition to prices, the volume change of commodities marketed also influences the indexes. In June, there was increased monthly movement for wheat, grapes, hay, and peaches and decreased marketing of strawberries, cattle, market eggs, and broilers.  

June Prices Paid Index Down 0.2 Percent  

The June Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 139.6, is down 0.2 percent from May 2024 and 0.1 percent from June 2023. Lower prices in June for feeder pigs, hay & forages, diesel, and complete feeds more than offset higher prices for feeder cattle, LP gas, other services, and potash & phosphate.