USDA Jan Farm Prices

WASHINGTON -(Dow Jones)- The index of prices received by U.S. farmers
for their products in January was -0.7% From December, and -8.1% From
a year earlier, the U.S. Department of Agriculture said Monday.

January Farm Prices Received Index Decreased 0.7 Percent

The January Prices Received Index (Agricultural Production), at 89.2,
decreased 0.7 percent from December. At 80.7, the Crop Production Index is
down 3.9 percent. At 99.9, the Livestock Production Index increased
2.9 percent. Producers received lower prices for milk, lettuce, broccoli, and
cauliflower but higher prices for cattle, broilers, and tomatoes. In addition
to prices, the indexes are influenced by the monthly mix of commodities
producers market. Increased monthly movement of dry beans, cattle, soybeans,
and corn offset the decreased marketing of cotton, broilers, market eggs, and
hay.

The Prices Received Index is down 8.1 percent from the previous year. The
Food Commodities Index, at 95.8, decreased 0.8 percent from December and is
down 12 percent from January 2015.

January Prices Paid Index Up 1.0 Percent

The January Prices Paid Index for Commodities and Services, Interest, Taxes,
and Farm Wage Rates (PPITW), at 107.0, is up 1.0 percent from December but is
down 4.0 percent from January 2015. Higher prices for other services, feeder
pigs, and feeder cattle more than offset lower prices for nitrogen, milk
cows, diesel, and hay & forages.