National Ag News
October USDA indices mixed
Nov 30, 2017, 16:20 PM
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System
The USDA says producers paid a little more but made less in October than in September.
The index of prices received was down 5.2% on the month, with a 0.7% loss in the livestock index and an 8.2% drop in crops as lower prices for broiler chickens, market eggs, apples, and potatoes canceled out increases in cattle, hay, sweet corn, and lettuce. Even with the month to month losses, both indices were above year ago levels, by 3.8% for crops and 14% for livestock, so while many producers are losing money because of higher inputs, it’s to less of a degree than last year.
Continue reading October USDA indices mixed at Brownfield Ag News.
