Prices paid to farmers rise sharply again
Prices received by farmers jumped in January reaching twice the 1967 average with meat animals leading gains. Cattle and hogs rose sharply while potatoes, grains and vegetables also lifted. Experts warn higher farm costs may ripple to retail prices, though margins may cushion pass through.
MENTIONED IN THIS ARTICLE
Washington
Tanary
Department of Agriculture
Don Paarlberg
Agriculture Department
Nixon
State of the Union
Paarlberg
Prices rise for vegetables and beans in monthly index
The farm price index for 1967 climbed from 184 to 200 as potatoes sweet potatoes and edible beans led a 1B per cent rise. Fresh vegetables jumped 8 per cent in the month but price volatility makes individual increases hard to predict, says Paarlborg.
MENTIONED IN THIS ARTICLE
Paarlborg
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