Farmers Saw Increase In Prices Received In August

The prices received by farmers in August increased slightly month over month and year-over-year.  The Prices Received Index increased 1% from July to August, and jumped 7.2 % from August 2024 to August this year.  The Crop Production Index was up 2.4% month-over-month, and 4.7% year-over-year.

Meanwhile, the Livestock Production Index, slipped 2.5% from July, but increased 6.1% from August last year. Producers received higher prices during August for cattle, strawberries, calves, and lettuce but lower prices for market eggs, broilers, corn, and grapes.

In addition to prices, the volume change of commodities marketed also influences the indexes. In August, there was increased monthly movement for cattle, grapes, calves, and broilers and decreased marketing of wheat, soybeans, corn, and strawberries.

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