Farm Product Price Index: Highlights: Increase in income

Farm Product Price Index: Highlights

Click the chart for a better look. Price index takes a good jump. Plus note that livestock and crop indexes are converging. Livestock is dropping to come to the rising crop index but maybe they can both stay reasonable (?). Feed cost of course really bite into profits. But I talked to two cow/calf guys this week. Both had sold barley at $3.10 bu. They had few complaint, except wanting a touch more for there calves