Monday, January 26, 2015

Farm Prices

The Department of Agriculture releases at the end of the month the index of prices received by farmers for the current month. This report is entitled Agricultural Prices. Prices received represent sales from producers to first buyers. They include all grades and qualities. For most items, the current month's preliminary price represents a 3-5 day period around the 15th of the month. However, previous month's prices (revised) cover the entire month. The index is not adjusted for seasonal variation. It includes crop prices and livestock & product prices