Producers pay, earn a little more in September

Producers pay, earn a little more in September

The USDA says producers paid and made fractionally more in September than in August.

The department’s index of prices received gained 0.9% as higher prices for corn, soybeans, hogs, and lettuces canceled out lower moves in milk, hay, broilers, and potatoes. That index of prices paid includes month to month rises of 1.3% for the crop index and 0.2% for the livestock index. Monthly marketings were higher for corn, soybeans, dry beans, and apples, lower for cattle, wheat, cotton, and strawberries.

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