Chart 1: Agricultural Prices Rose Steadily from Late 2002 through Mid-2008 but Have Settled Somewhat Since Then

Month/Year

Prices Received by Farmers
Jan-80 95
Feb-80 94
Mar-80 92
Apr-80 87
May-80 89
Jun-80 93
Jul-80 99
Aug-80 100
Sep-80 103
Oct-80 109
Nov-80 109
Dec-80 109
Jan-81 109
Feb-81 103
Mar-81 102
Apr-81 100
May-81 100
Jun-81 102
Jul-81 103
Aug-81 99
Sep-81 97
Oct-81 96
Nov-81 93
Dec-81 93
Jan-82 96
Feb-82 94
Mar-82 95
Apr-82 95
May-82 97
Jun-82 98
Jul-82 96
Aug-82 94
Sep-82 93
Oct-82 89
Nov-82 91
Dec-82 92
Jan-83 93
Feb-83 94
Mar-83 95
Apr-83 96
May-83 97
Jun-83 97
Jul-83 96
Aug-83 98
Sep-83 101
Oct-83 106
Nov-83 103
Dec-83 105
Jan-84 108
Feb-84 103
Mar-84 104
Apr-84 102
May-84 102
Jun-84 102
Jul-84 101
Aug-84 98
Sep-84 98
Oct-84 98
Nov-84 97
Dec-84 98
Jan-85 99
Feb-85 96
Mar-85 96
Apr-85 93
May-85 92
Jun-85 91
Jul-85 89
Aug-85 86
Sep-85 86
Oct-85 86
Nov-85 89
Dec-85 91
Jan-86 90
Feb-86 88
Mar-86 88
Apr-86 86
May-86 88
Jun-86 87
Jul-86 88
Aug-86 88
Sep-86 87
Oct-86 84
Nov-86 86
Dec-86 86
Jan-87 85
Feb-87 86
Mar-87 87
Apr-87 89
May-87 91
Jun-87 90
Jul-87 88
Aug-87 88
Sep-87 89
Oct-87 87
Nov-87 91
Dec-87 91
Jan-88 93
Feb-88 92
Mar-88 92
Apr-88 92
May-88 95
Jun-88 99
Jul-88 103
Aug-88 103
Sep-88 104
Oct-88 106
Nov-88 103
Dec-88 104
Jan-89 107
Feb-89 104
Mar-89 105
Apr-89 103
May-89 104
Jun-89 105
Jul-89 105
Aug-89 103
Sep-89 101
Oct-89 100
Nov-89 102
Dec-89 105
Jan-90 106
Feb-90 105
Mar-90 105
Apr-90 104
May-90 106
Jun-90 105
Jul-90 105
Aug-90 104
Sep-90 103
Oct-90 103
Nov-90 102
Dec-90 99
Jan-91 100
Feb-91 100
Mar-91 102
Apr-91 102
May-91 104
Jun-91 101
Jul-91 98
Aug-91 98
Sep-91 98
Oct-91 98
Nov-91 98
Dec-91 97
Jan-92 97
Feb-92 99
Mar-92 100
Apr-92 99
May-92 99
Jun-92 100
Jul-92 99
Aug-92 100
Sep-92 99
Oct-92 97
Nov-92 96
Dec-92 96
Jan-93 97
Feb-93 98
Mar-93 99
Apr-93 104
May-93 103
Jun-93 101
Jul-93 101
Aug-93 102
Sep-93 102
Oct-93 101
Nov-93 102
Dec-93 103
Jan-94 105
Feb-94 104
Mar-94 105
Apr-94 102
May-94 101
Jun-94 100
Jul-94 97
Aug-94 97
Sep-94 97
Oct-94 95
Nov-94 96
Dec-94 99
Jan-95 98
Feb-95 98
Mar-95 99
Apr-95 99
May-95 100
Jun-95 100
Jul-95 102
Aug-95 103
Sep-95 104
Oct-95 104
Nov-95 106
Dec-95 108
Jan-96 108
Feb-96 106
Mar-96 109
Apr-96 108
May-96 112
Jun-96 118
Jul-96 119
Aug-96 117
Sep-96 116
Oct-96 112
Nov-96 110
Dec-96 108
Jan-97 108
Feb-97 105
Mar-97 108
Apr-97 106
May-97 107
Jun-97 107
Jul-97 106
Aug-97 107
Sep-97 107
Oct-97 107
Nov-97 106
Dec-97 106
Jan-98 103
Feb-98 102
Mar-98 103
Apr-98 105
May-98 104
Jun-98 102
Jul-98 102
Aug-98 101
Sep-98 100
Oct-98 99
Nov-98 100
Dec-98 99
Jan-99 97
Feb-99 96
Mar-99 97
Apr-99 97
May-99 98
Jun-99 97
Jul-99 95
Aug-99 98
Sep-99 96
Oct-99 91
Nov-99 93
Dec-99 92
Jan-00 90
Feb-00 92
Mar-00 95
Apr-00 100
May-00 100
Jun-00 98
Jul-00 97
Aug-00 96
Sep-00 97
Oct-00 93
Nov-00 98
Dec-00 98
Jan-01 97
Feb-01 100
Mar-01 103
Apr-01 106
May-01 108
Jun-01 107
Jul-01 108
Aug-01 110
Sep-01 106
Oct-01 94
Nov-01 94
Dec-01 96
Jan-02 95
Feb-02 98
Mar-02 105
Apr-02 94
May-02 96
Jun-02 97
Jul-02 99
Aug-02 100
Sep-02 98
Oct-02 95
Nov-02 97
Dec-02 98
Jan-03 99
Feb-03 99
Mar-03 99
Apr-03 101
May-03 105
Jun-03 107
Jul-03 105
Aug-03 109
Sep-03 111
Oct-03 113
Nov-03 116
Dec-03 115
Jan-04 112
Feb-04 116
Mar-04 122
Apr-04 125
May-04 129
Jun-04 128
Jul-04 125
Aug-04 121
Sep-04 116
Oct-04 114
Nov-04 115
Dec-04 111
Jan-05 111
Feb-05 114
Mar-05 118
Apr-05 121
May-05 119
Jun-05 118
Jul-05 116
Aug-05 116
Sep-05 116
Oct-05 111
Nov-05 112
Dec-05 115
Jan-06 112
Feb-06 112
Mar-06 112
Apr-06 111
May-06 114
Jun-06 117
Jul-06 117
Aug-06 119
Sep-06 119
Oct-06 115
Nov-06 119
Dec-06 120
Jan-07 123
Feb-07 127
Mar-07 132
Apr-07 134
May-07 136
Jun-07 137
Jul-07 139
Aug-07 139
Sep-07 140
Oct-07 141
Nov-07 141
Dec-07 142
Jan-08 144
Feb-08 145
Mar-08 146
Apr-08 145
May-08 150
Jun-08 158
Jul-08 159
Aug-08 156
Sep-08 154
Oct-08 151
Nov-08 141
Dec-08 133
Source: USDA.
Note: "Prices received by farmers" is a composite index of leading crop and livestock prices produced in the United States. The prices of these commodities are "farm-gate" or wholesale prices.