WASHINGTON -(Dow Jones)- The index of prices received by U.S. farmers 
for their products in August was +0.3% From July, and/but -4.5% From 
a year earlier, the U.S. Department of Agriculture said Friday. 
 
August Prices Received Index Up 0.3 Percent 
 
The August Prices Received Index 2011 Base (Agricultural Production), at 
125.4, increased 0.3 percent from July but decreased 4.5 percent from 
August 2022. At 117.4, the Crop Production Index was down 1.6 percent from 
last month 
and 8.3 percent from the previous year. The Livestock Production Index, at 
134.3, increased 1.4 percent from July, but decreased 0.4 percent from August 
last year. Producers received higher prices during August for milk, market 
eggs, strawberries, and cattle but lower prices for corn, broilers, soybeans, 
and celery. In addition to prices, the volume change of commodities marketed 
also influences the indexes. In August, there was increased monthly movement 
for cattle, grapes, hogs, and broilers and decreased marketing of wheat, 
corn, soybeans, and strawberries. 
 
August Prices Paid Index Up 0.1 Percent 
 
The August Prices Paid Index for Commodities and Services, Interest, Taxes, 
and Farm Wage Rates (PPITW), at 138.5, is up 0.1 percent from July 2023 but 
down 0.6 percent from August 2022. Higher prices in August for feeder cattle, 
diesel, potash & phosphate, and gasoline more than offset lower prices for 
nitrogen, complete feeds, hay & forages, 
and feed grains. 
 
                          Index Summary Table 
========================================================================= 
                      2022           2022           2023           2023 
   Index         -------------------------------------------------------- 
   Group               Jul            Aug            Jul            Aug 
========================================================================= 
 
Prices Received      134.1          131.3          125.0          125.4 
Prices Paid          138.7          139.3          138.4          138.5 
Ratio 1/                96             94             91             91 
========================================================================= 
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

09-29-23 1558ET