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USDA Mar Farm Prices - Apr 30

04/30/2021 | 03:18pm EDT
    WASHINGTON -(Dow Jones)- The index of prices received by U.S. farmers 
for their products in March was +2.6% From February, and +6.4% From 
a year earlier, the U.S. Department of Agriculture said Friday. 
 
March Prices Received Index Up 2.6 Percent 
 
The March Prices Received Index 2011 Base (Agricultural Production), at 98.3, 
increased 2.6 percent from February and 6.4 percent from March 2020. At 99.3, 
the Crop Production Index is up 1.2 percent from last month and 14 percent 
from the previous year. The Livestock Production Index, at 97.4, increased 
4.1 percent from February, and 0.2 percent from March last year. Producers 
received higher prices during March for hogs, market eggs, soybeans, and 
lettuce but lower prices for strawberries, oranges, cotton, and celery. In 
addition to prices, the volume change of commodities marketed also influences 
the indexes. In March, there was increased monthly movement for strawberries, 
cattle, milk, and calves and decreased marketing of cotton, apples, soybeans, 
and greenhouse & nursery. 
 
March Prices Paid Index Up 0.8 Percent 
 
The March Prices Paid Index for Commodities and Services, Interest, Taxes, 
and Farm Wage Rates (PPITW), at 111.7, is up 0.8 percent from February 2021 
and 1.9 percent from March 2020. Higher prices for feeder pigs, nitrogen, 
potash & phosphate, and diesel more than offset lower prices for LP gas, 
concentrates, grasses & legumes, and feeder cattle. 
 
                          Index Summary Table 
========================================================================= 
                      2020           2020           2021           2021 
   Index         -------------------------------------------------------- 
   Group               Feb            Mar            Feb            Mar 
========================================================================= 
 
Prices Received       90.6           92.4           95.8           98.3 
Prices Paid          110.6          109.6          110.8          111.7 
Ratio 1/                82             84             86             88 
========================================================================= 
1/  Ratio of index of prices received by farmers to index of prices paid by 
    farmers. 
Write to Rodney Christian at csstat@dowjones.com 
 

(END) Dow Jones Newswires

04-30-21 1517ET

Stocks mentioned in the article
ChangeLast1st jan.
CLASS III MILK FUTURES (DC) - CMG (ELECTRONIC)/C1 0.23% 17.24 End-of-day quote.8.86%
CLASS IV MILK?FUTURES (GDK) - CMG (ELECTRONIC)/C1 0.49% 16.56 End-of-day quote.20.09%
DJ INDUSTRIAL 0.04% 34479.6 Delayed Quote.12.61%
DRY WHEY?FUTURES (DY) - CMG (ELECTRONIC)/C1 0.00% 64.225 End-of-day quote.45.31%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 1.90% 151.225 End-of-day quote.6.80%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 1.04% 118.8 End-of-day quote.4.09%
NONFAT DRY MILK FUTURES (GNF) - CMG (ELECTRONIC)/C1 -0.02% 128.475 End-of-day quote.13.82%
S&P GSCI CLASS III MILK (USD) 1.07% 139.7874 Delayed Quote.5.26%
S&P GSCI FEEDER CATTLE INDEX 1.87% 178.5885 Delayed Quote.7.81%
S&P GSCI SOY BEANS INDEX -1.27% 571.2152 Delayed Quote.9.74%
SOYBEAN MEAL FUTURES (ZM) - CBE (ELECTRONIC)/C1 0.42% 383.2 End-of-day quote.-12.15%
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