USDA index of prices received dropped in January

USDA index of prices received dropped in January

The USDA says producers made less in January than in December, while paying nearly steady money.

The index of prices received dropped 4.5%, with a 10.8% drop in the crop price index cancelling out a 6.4% rise for livestock. Prices were down for market eggs, cotton, lettuce, and broccoli, and up for cattle, hogs, milk, and broilers. Monthly marketings were higher for corn, soybeans, wheat, and cattle, and lower for milk, broilers, market eggs, and greenhouse and nursery products.

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