USDA February ag prices indices up from January

USDA February ag prices indices up from January

The USDA’s February ag price indices were up from January.

The index of prices received by farmers was up 7.1% on the month due to gains in cattle, hogs, market eggs, and lettuce, which canceled out losses in corn, soybeans, wheat, and broilers.

The dairy index was up 2.5% from January, but down 4.7% from February 2023, with an all milk price of $20.60 per hundredweight, a rise of $.50 on the month, but a loss of $1.00 on the year.

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