ST. LOUIS -- The October Prices Received Index (Agricultural Production), at 87.3, decreased 5.2 percent from Sept. 2017. At 82.2, the Crop Production Index decreased 8.1 percent. At 94.1, the Livestock Production Index decreased 0.7 percent.
Producers received lower prices for market eggs, broilers, apples, and potatoes but higher prices for cattle, lettuce, sweet corn, and hay. Compared with a year earlier, the Prices Received Index is up 8.3 percent. The Crop Production Index increased 3.8 percent. The Livestock Production Index increased 14 percent.
In addition to prices, the indexes are influenced by the volume change of commodities producers market. Increased monthly movement of soybeans, corn, cotton, and calves offset the decreased marketing of cattle, milk, broilers, and wheat. The Food Commodities Index, at 92.8, decreased 4.0 percent from the previous month but increased 10 percent from October 2016.
If you produce or grow any agricultural products, including field crops, fruits, vegetables, floriculture, and livestock, regardless of the size of your operation, you should fill out the 2017 Census of Agriculture form coming in December. Visit agcensus.usda.gov for more information.
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