The USDA’s delayed Agricultural Prices report for November showed producers made more and paid a little less.
The index of prices received was 3.5% higher than in October, with 5% jump in the crops index and a 0.9% rise for livestock. Advances for cattle, broilers, market eggs, and lettuce canceled out declines in soybeans, hogs, milk, and lemons.
The index of prices paid was down 0.4% on the month, with lower prices for feeder cattle, complete feeds, LP gas, and herbicides cancelling out higher costs for feeder pigs, nitrogen, tractors, and supplements.
Continue reading Producers made more, paid less in November at Brownfield Ag News.
