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Farm prices up 3 percent in December at record levels
The Agriculture Department reports December farm prices rose 3 percent from November, reaching a peak not seen since August 1973. Higher cattle hogs eggs calves corn and soybeans boosted the index, offset by declines in wheat citrus and barley. Overall December prices 22 percent above a year ago, with livestock driven gains and a projected rise in farmers' net incomes to about $2 billion.
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Washington
Agriculture Department
Department
Crop Reporting Board