November Prices Received Index Up 3.5 Percent
The November Prices Received Index (Agricultural Production), at 83.6, increased 3.5 percent from October 2016. At 81.0, the Crop Production Index increased 1.9 percent. The Livestock Production Index, at 86.3, increased 4.7 percent. Producers received higher prices for broilers, milk, and cattle but lower prices for hogs, corn, and apples. Compared with a year earlier, the Prices Received Index is down 8.9 percent. The Crop Production Index decreased 1.1 percent and the Livestock Production Index 18 percent. In addition to prices, the indexes are influenced by changes in the monthly mix of commodities marketed. Increased monthly movement of milk, cattle, cotton, and corn offset the decreased marketing of soybeans, grapes, potatoes, and wheat. The Food Commodities Index, at 89.3, increased 6.1 percent from the previous month but is down 12 percent from November 2015.
November Prices Paid Index Up 0.5 Percent
The November Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 104.4, is up 0.5 percent from October 2016 but is down 3.0 percent from November 2015. Higher prices in November for feeder cattle, feeder pigs, concentrates, and mixed fertilizer more than offset lower prices for complete feeds, LP gas, other services, and hay & forages
For a full copy of the Agricultural Prices report please visit www.nass.usda.gov.
For state specific questions please contact:
- Arizona – Dave DeWalt 1-800-645-7286
- Colorado – William R. Meyer 1-800-392-3202
- Montana – Eric Sommer 1-800-835-2612
- New Mexico – Longino Bustillos 1-800-530-8810
- Utah – John Hilton 1-800-747-8522
- Wyoming – Rhonda Brandt 1-800-892-1660