March Prices Received Index Down 3.1 Percent
The March Prices Received Index 2011 Base (Agricultural Production), at 142.6, decreased 3.1 percent from February but increased 17 percent from March 2024. At 95.6, the Crop Production Index was down 0.7 percent from last month and 4.9 percent from the previous year. The Livestock Production Index, at 182.7, decreased 5.7 percent from February, but increased 27 percent from March last year. Producers received lower prices during March for market eggs, milk, strawberries, and oranges, but higher prices for broilers, turkeys, lettuce, and calves. In addition to prices, the volume change of commodities marketed also influences the indexes. In March, there was decreased marketing of cotton, apples, and soybeans and increased monthly movement for cattle, strawberries, market eggs, and calves.
March Prices Paid Index Up 0.3 Percent
The March Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 147.4, is up 0.3 percent from February 2025 and 4.8 percent from March 2024. Higher prices in March for feeder cattle, other services, hay & forages, and potash & phosphate more than offset lower prices for feeder pigs, complete feeds, diesel, and LP gas.
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