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Farm Input Costs in the U.S. Up On The Month
WASHINGTON - Sep 29/10 - SNS -- The September Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 183% of the 1990-1992 average, reveals today's USDA data.
The index is up 1 point (0.5%) from August and 7 points (4.0%) above September 2009. Higher prices in September for feed grains, complete feeds, concentrates, and LP gas more than offset lower prices for feeder cattle, diesel, potash & phosphate, and gasoline.
The September Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) at 183 (1990-1992=100), is up 0.5% from August 2010 and 4.0% from September 2009.
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