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Farm prices slip as October index falls below year earlier
U S government data show the October prices received by farmers fell 5.1 percent, erasing September gains and signaling the parity index at its lowest since 1933. Meats, grains, and soybeans declined while milk cotton lettuce and tomatoes rose. farm input costs eased 0.6 percent but still higher than a year ago. Morocco buys U S wheat under a new credit package, lifting exports about 40.4 million bushels.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
John R. Block
Morocco
U.S
USDA
Department
Economic Research Service
Outlook