[Economic Report of the President (2004)] [Administration of George W. Bush] [Online through the Government Printing Office, www.gpo.gov] Table B-101.--Agricultural price indexes and farm real estate value, 1975-2003 [1990-92=100, except as noted] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Prices received by Prices paid by farmers farmers ----------------------------------------------------------------------------------------------- ------------------------ All Production items Adden- dum: commod- --------------------------------------------------------------------------- Average ities, farm real Year or month All Live- services, Live- Agri- estate farm stock stock cul- Farm Farm Wage value per prod- Crops and interest, Total\2\ Feed and Fertil- tural Fuels ma- serv- Rent rates acre ucts prod- taxes, poul- izer chemi- chin- ices (dollars)\3\ ucts and wage try cals ery rates\1\ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1975....................................................... 73 88 62 47 55 83 39 87 72 40 38 48 44 340 1976....................................................... 75 87 64 50 59 83 47 74 78 43 43 52 48 397 1977....................................................... 73 83 64 53 61 82 48 72 71 46 47 57 51 474 1978....................................................... 83 89 78 58 67 80 65 72 66 48 51 60 55 531 1979....................................................... 94 98 90 66 76 89 88 77 67 61 56 66 60 628 1980....................................................... 98 107 89 75 85 98 85 96 71 86 63 81 65 737 1981....................................................... 100 111 89 82 92 110 80 104 77 98 70 89 70 819 1982....................................................... 94 98 90 86 94 99 78 105 83 97 76 96 74 823 1983....................................................... 98 108 88 86 92 107 76 100 87 94 81 82 76 788 1984....................................................... 101 111 91 89 94 112 73 103 90 93 85 86 77 801 1985....................................................... 91 97 86 86 91 95 74 98 90 93 85 85 78 713 1986....................................................... 87 87 88 85 86 88 73 90 89 76 83 83 81 640 1987....................................................... 89 86 91 87 87 83 85 86 87 76 85 84 85 599 1988....................................................... 99 105 93 91 90 104 91 94 89 77 89 85 87 632 1989....................................................... 104 109 100 96 95 110 93 99 93 83 94 91 95 668 1990....................................................... 104 103 105 99 99 103 102 97 95 100 96 96 96 96 683 1991....................................................... 100 101 99 100 100 98 102 103 101 104 100 98 100 100 703 1992....................................................... 99 101 97 101 101 99 96 100 103 96 104 103 104 105 713 1993....................................................... 101 102 100 104 104 102 104 96 109 93 107 110 100 108 736 1994....................................................... 100 105 95 106 106 106 94 105 112 89 113 110 108 111 798 1995....................................................... 102 112 92 109 108 103 82 121 116 89 120 115 117 114 844 1996....................................................... 112 127 99 115 115 129 75 125 119 102 125 116 128 117 887 1997....................................................... 107 115 98 118 119 125 94 121 121 106 128 116 136 123 926 1998....................................................... 101 107 97 115 113 111 88 112 122 84 132 115 120 129 974 1999....................................................... 96 97 95 115 111 100 95 105 121 93 135 116 113 135 1,020 2000....................................................... 96 96 97 120 116 102 110 110 120 134 139 119 110 140 1,080 2001....................................................... 102 99 106 123 120 109 111 123 121 119 144 121 117 146 1,150 2002....................................................... 98 105 90 124 119 112 102 108 119 112 148 120 119 153 1,210 2003....................................................... 107 111 103 128 124 116 109 124 121 144 149 122 120 157 1,270 2002: Jan.................................................. 95 94 96 122 117 108 109 108 120 83 146 120 119 155 1,210 Feb.................................................. 98 101 96 122 117 107 110 108 118 86 146 120 119 155 ............ Mar.................................................. 105 117 94 123 118 109 106 107 119 101 147 120 119 155 ............ Apr.................................................. 94 100 89 123 118 109 102 107 119 114 147 119 119 153 ............ May.................................................. 96 104 89 123 118 108 98 107 119 110 148 120 119 153 ............ June................................................. 97 105 90 123 118 110 95 108 119 108 147 121 119 153 ............ July................................................. 98 109 88 123 119 114 96 107 119 112 148 121 119 148 ............ Aug.................................................. 100 113 87 124 120 116 97 107 120 117 148 121 119 148 ............ Sept................................................. 98 109 85 124 121 118 99 107 120 129 148 121 119 148 ............ Oct.................................................. 95 101 87 125 121 116 101 107 119 139 148 120 119 155 ............ Nov.................................................. 97 104 89 125 120 114 105 109 119 123 149 120 119 155 ............ Dec.................................................. 100 107 91 125 121 114 109 109 121 123 149 120 119 155 ............ 2003: Jan.................................................. 100 103 96 126 122 114 105 112 122 140 149 121 120 161 1,270 Feb.................................................. 99 103 95 127 123 114 101 117 122 171 149 121 120 161 ............ Mar.................................................. 99 106 93 128 124 114 98 126 120 178 149 121 120 161 ............ Apr.................................................. 101 111 94 128 124 114 102 129 121 143 149 122 120 158 ............ May.................................................. 106 116 97 127 123 116 102 127 121 129 149 122 120 158 ............ June................................................. 107 117 99 128 123 115 103 124 121 134 149 123 120 158 ............ July................................................. 105 109 101 127 123 113 106 122 121 136 149 123 120 153 ............ Aug.................................................. 109 113 106 127 123 110 107 123 121 141 149 123 120 153 ............ Sept................................................. 110 111 110 129 125 114 117 124 121 138 149 124 120 153 ............ Oct.................................................. 113 111 116 130 126 115 125 125 122 144 150 123 120 156 ............ Nov.................................................. 117 117 117 130 127 121 122 126 122 137 150 122 120 156 ............ Dec.................................................. 115 117 113 130 128 129 119 127 122 137 150 122 120 156 ............ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ Includes items used for family living, not shown separately. \2\ Includes other production items not shown separately. \3\ Average for 48 States. Annual data are: March 1 for 1975, February 1 for 1976-81, April 1 for 1982-85, February 1 for 1986-89, and January 1 for 1990-2003. Note.--Data on a 1990-92 base prior to 1975 have not been calculated by Department of Agriculture. Source: Department of Agriculture, National Agricultural Statistics Service.