[Economic Indicators July, 2008] [Page Number 25] [From the U.S. Government Publishing Office, www.gpo.gov] PRICES RECEIVED AND PAID BY FARMERS In July, prices received by farmers rose 1.9 percent; prices paid by farmers rose 1.1 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 r 117 115 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:July ................................ 139 141 137 162 163 162 86 Aug................................ 139 142 137 162 163 162 86 Sept r.............................. 140 143 138 162 164 163 86 Oct r............................... 141 149 131 164 166 164 86 Nov r............................... 142 149 134 165 168 166 86 Dec r............................... 143 151 134 167 169 168 86 2008:Jan r................................ 144 158 129 171 175 173 84 Feb r............................... 145 163 131 174 178 176 83 Mar r............................... 146 167 129 177 181 180 82 Apr r............................... 145 168 127 181 186 187 80 May r............................... 150 170 134 186 191 193 81 June r.............................. 158 183 137 189 195 197 84 July ............................... 161 186 138 191 198 201 84 -------------------------------------------------------------------------------------------------------------------------------------------------------- \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. Data reflect annual revisions released on July 31, 2008. Source: Department of Agriculture.