USDA March ag price indices up on month, down on year

USDA March ag price indices up on month, down on year

U.S. farmers made and paid a little bit more in March than February.

The USDA says the index of prices received by farmers was up 1.5% as gains by cattle, hogs, broilers, and lettuce against losses in wheat, market eggs, oranges, and strawberries.

The dairy index for March 2024 was 0.5% higher than in February, but 1.4% lower than in March 2023, with an all milk price of $20.70 per hundredweight, up $.10 on the month, but down $.30 on the year.

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