[Economic Indicators May, 2008] [Page Number 25] [From the U.S. Government Publishing Office, www.gpo.gov] PRICES RECEIVED AND PAID BY FARMERS In May, prices received by farmers rose 3.4 percent; prices paid by farmers rose 1.7 percent. (Data are not seasonally adjusted.) ____________________________________________________________________________________________________________________________________________ [1990-92=100; not seasonally adjusted] -------------------------------------------------------------------------------------------------------------------------------------------------------- Prices received by farmers Prices paid by farmers ------------------------------------------------------------------------------------------------ All commodities, Production Period All farm Livestock and services, items, Production Ratio \2\ products Crops products interest, interest, items taxes, and taxes, and wage rates \1\ wage rates -------------------------------------------------------------------------------------------------------------------------------------------------------- 1998 ..................................... 102 107 97 115 114 113 89 1999...................................... 96 97 95 115 113 111 83 2000 ..................................... 96 96 97 119 118 115 81 2001 ..................................... 102 99 106 123 121 120 83 2002 ..................................... 98 105 90 124 121 119 79 2003 ..................................... 107 111 103 128 125 124 84 2004 ..................................... 119 115 122 134 133 132 89 2005 ..................................... 115 111 120 142 142 140 81 2006 ..................................... 115 120 111 150 151 148 77 2007 ..................................... 136 142 130 161 163 161 84 2007:May ................................. 136 140 132 161 162 160 84 June ............................... 137 141 134 161 163 161 85 July ............................... 139 141 137 162 164 162 86 Aug ................................ 139 142 137 162 164 162 86 Sept ............................... 140 142 138 163 164 163 86 Oct ................................ 141 148 131 164 166 164 86 Nov ................................ 141 148 134 166 168 167 85 Dec ................................ 143 151 134 167 170 169 86 2008:Jan ................................. 144 158 129 172 176 174 84 Feb ................................ 145 163 131 175 179 178 83 Mar ................................ 146 167 129 178 182 182 82 Apr r............................... 145 168 127 181 186 187 80 May ................................ 150 172 132 184 189 190 82 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ Includes items not shown separately. \2\ Percentage ratio of index of prices received by farmers to index of prices paid, interest, taxes, and wage rates. Note.--The official indexes are published on a 1910-14 base as required by law. The indexes have been converted to a 1990-92=100 base to facilitate comparison with other indexes. Source: Department of Agriculture.