Tuesday, September 26, 2006

The Daily, Tuesday, September 26, 2006. Farm Product Price Index

This is an interesting chart. A farm commodity price index using 1997 production value as 100%. Note how 2006 production fares. Field Crops don't fair to well. ( I guess we know that). However more support can be seen in these numbers for an uptrend in oil seed. Cattle aren't doing to badly. Of course BSE has something to do with price since 2004. Supply managed production really comes out on top. I mean good for the dairy and egg guys. Makes you see making a price is better than taking a price.

The Daily, Tuesday, September 26, 2006. Farm Product Price Index