Indiana January farm price index up

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TheĀ Indiana mid-month index of prices farmers received was up in January, due almost entirely to corn (above, courtesy of USDA).

Compared to last year, corn, soybeans, wheat and milk prices were all up, but all of those except corn were down from December, according to the National Agricultural Statics Service of the U.S. Department of Agriculture. The NASS office for Indiana is located at Purdue University.

Overall farm-product prices were up 9 percent from December, with the crop index up 9.7 percent and livestock up 1.2 percent.

Compared to the country, Indiana farmers got more for corn, soybeans and milk but less than the U.S. average for winter wheat in January. Milk cow replacement prices in Indiana were higher than the national average.

 

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