September Ag Prices Received Index Down 5.6 Percent, Prices Paid Index Down 0.2 Percent

September Prices Received Index Down 5.6 Percent  

The September Prices Received Index 2011 Base (Agricultural Production), at 120.8, decreased 5.6 percent from August and 0.9 percent from September 2023. At 99.0, the Crop Production Index was down 1.1 percent from last month and 13 percent from the previous year. The Livestock Production Index, at 146.3, decreased 7.5 percent from August, but increased 11 percent from September last year. Producers received lower prices during September for market eggs, cattle, hogs, and lettuce but higher prices for milk, corn, broilers, and turkeys. In addition to prices, the volume change of commodities marketed also influences the indexes. In September, there was decreased monthly movement for cattle, wheat, cotton, and peaches and increased marketing of soybeans, corn, dry beans, and calves. 

September Prices Paid Index Down 0.2 Percent  

The September Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 137.9, is down 0.2 percent from August 2024 and 1.6 percent from September 2023. Lower prices in September for feeder cattle, LP gas, diesel, and hay & forages more than offset higher prices for feeder pigs, other services,  potash & phosphate, and feed grains.