U.S. farmers made less money in October than September, while paying fractionally more.
The USDA says the index of prices received by farmers fell 6.3% following losses in corn, soybeans, hogs, and apples, which canceled out gains in cattle, calves, milk, and dry beans.
The index of prices paid was 0.1% higher on increases for feeder cattle, wages, nitrogen, potash, and phosphate against decreases in cost for feed grains, complete feeds, concentrates, and gasoline.