In its report for ag prices during the month of November, the USDA said the plusses outweighed the minuses. Resulting in the prices received index going up 4.5%, and jumping 23% when compared to November 2021. The index of prices paid by farmers to do business showing no increase at all in November that index still 11% higher than a year ago.
When it co...
According to the latest numbers released by the USDA, prices received by producers for their commodities in January dropped 2% year-over-year. And as Rod Bain points out, the prices producers received in January also reported a 3.5% month-over-month decrease
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