WASHINGTON -(Dow Jones)- The index of prices received by U.S. farmers for their products in April was -9.0% From March, and/but -9.4% From a year earlier, the U.S. Department of Agriculture said Friday. April Prices Received Index Down 9.0 Percent The April Prices Received Index 2011 Base (Agricultural Production), at 84.9, decreased 9.0 percent from March and 9.4 percent from April 2019. At 92.4, the Crop Production Index was up 4.2 percent from last month and 7.7 percent from the previous year. The Livestock Production Index, at 78.3, decreased 20 percent from March and 22 percent from April last year. Producers received lower prices during April for broilers, market eggs, milk, and corn but higher prices for oranges, grapefruit, rice, and hay. In addition to prices, the indexes are influenced by the volume change of commodities producers market. Increased monthly movement of strawberries, oranges, milk, and apples offset the decreased marketing of corn, cattle, soybeans, and hay. April Prices Paid Index Down 1.1 Percent The April Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 108.7, is down 1.1 percent from March 2020 and 2.3 percent from April 2019. Lower prices in April for feeder cattle, feeder pigs, diesel, and feed grains more than offset higher prices for complete feeds, LP gas, concentrates, and supplements. Index Summary Table ========================================================================= 2019 2019 2020 2020 Index -------------------------------------------------------- Group Mar Apr Mar Apr ========================================================================= Prices Received 90.3 93.7 93.3 84.9 Prices Paid 110.7 111.3 109.9 108.7 Ratio 1/ 84 85 85 78 ========================================================================= 1/ Ratio of index of prices received by farmers to index of prices paid by farmers. Write to Taryn Boss at csstat@dowjones.com
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