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Farm Price Index Slumps Amid Lower April Returns
The Agriculture Department reports April farm prices fell 1.5 percent, with the index down 9.6 percent from last year’s peak, offset by gains in potatoes corn grapefruit and sorghum. Prices farmers paid were steady for 10th straight month but 0.6 percent below a year earlier. UPI bankruptcy plan approved to keep operations going through reorganization.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
USDA
George Francis Bason Jr
Foothill Capital Corp. of
Los Angeles
UPI
Formuila
S&c