24/7 Wall St.

78494592The U.S. Department of Agriculture (USDA) today released its preliminary report on March farm prices. The index uses prices from 1990-1992 as its base value (100). The March price index rose 3 points (1.5%) to 202 month-over-month, with the crop index up 2.1% and the livestock index up 1.95. The all-products index rose 9.8% year-over-year in March, to 240.

Farm costs, measured by the prices paid index were unchanged month-over-month at 221, but that’s 3.8% higher than March of 2012. Higher prices for nitrogen fertilizer, feed grains, and other fertilizers and supplements led the prices-paid hike.

Food processors and consumers paid more for feed grains and hay and commercial vegetables in March. The rising cost of feed is at least partially attributable to last summer’s drought and the impact it had on corn and hay crops. Lettuce and tomatoes led the rise in vegetable prices.

Meat prices fell in March…

View original post 37 altre parole

Questa voce è stata pubblicata in Nuove dalla rete. Contrassegna il permalink.

Tu cosa ne pensi?

Inserisci i tuoi dati qui sotto o clicca su un'icona per effettuare l'accesso:

Logo WordPress.com

Stai commentando usando il tuo account WordPress.com. Chiudi sessione /  Modifica )

Google+ photo

Stai commentando usando il tuo account Google+. Chiudi sessione /  Modifica )

Foto Twitter

Stai commentando usando il tuo account Twitter. Chiudi sessione /  Modifica )

Foto di Facebook

Stai commentando usando il tuo account Facebook. Chiudi sessione /  Modifica )


Connessione a %s...