May Prices Received Index Up 1.7 Percent
The May Prices Received Index 2011 Base (Agricultural Production), at 140.1, increased 1.7 percent from April and 13 percent from May 2024. At 103.1, the Crop Production Index was up 2.3 percent from last month but down 0.9 percent from the previous year. The Livestock Production Index, at 170.5, increased 1.4 percent from April and 20 percent from May last year. Producers received higher prices during May for cattle, hogs, oranges, and milk but lower prices for market eggs, lettuce, strawberries, and broilers. In addition to prices, the volume change of commodities marketed also influences the indexes. In May, there was increased monthly movement for cattle, hay, broilers, and sweet corn and decreased marketing of soybeans, calves, hogs, and apples.
May Prices Paid Index Up 0.4 Percent
The May Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 149.2, is up 0.4 percent from April 2025 and 6.4 percent from May 2024. Higher prices in May for feeder cattle, other services, hay & forages, and nitrogen more than offset lower prices for feeder pigs, LP gas, self-propelled machinery, and complete feeds.
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