April Agricultural Prices Received And Paid Decreases

May 30, 2018

April Prices Received Index Decreased 2.2 Percent

The April Prices Received Index (Agricultural Production), at 92.8, decreased 2.2 percent from March 2018. At 88.0, the Crop Production Index increased 0.6 percent. The Livestock Production Index, at 95.8, decreased 4.0 percent. Producers received higher prices for broilers, milk, corn, and hay but lower prices for market eggs, cattle, lettuce, and hogs. Compared with a year earlier, the Prices Received Index is down 3.1 percent. The Crop Production Index decreased 3.1 percent and the Livestock Production Index decreased 3.7 percent. In addition to prices, the indexes are influenced by the volume change of commodities producers market. Increased monthly movement of milk, oranges, strawberries, and broilers offset the decreased marketing of corn, cattle, soybeans, and hay. The Food Commodities Index