October Prices Received Index Down 8.8 Percent
The October Prices Received Index 2011 Base (Agricultural Production), at 120.5, decreased 8.8 percent from September but increased 6.9 percent from October 2024. At 96.2, the Crop Production Index was down 4.9 percent from last month but up 7.2 percent from the previous year. The Livestock Production Index, at 158.4, decreased 3.0 percent from September, but increased 2.1 percent from October last year. Producers received higher prices during October for lettuce, broccoli, calves, and strawberries but lower prices for market eggs, broilers, cattle, and hogs. In addition to prices, the volume change of commodities marketed also influences the indexes. In October, there was increased monthly movement for soybeans, corn, calves, and cotton and decreased marketing of cattle, milk, broilers, and market eggs.
October Prices Paid Index Up 1.1 Percent
The October Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 154.6, is up 1.1 from September 2025 and 11 percent from October 2024. Higher prices in October for feeder cattle, feeder pigs, milk cows, and other services more than offset lower prices for LP gas, diesel, feed grains, and gasoline.
No comments:
Post a Comment