(NAFB.com) – The USDA’s April Prices Received Index fell 3.6 percent from March but was higher by 12 percent year-over-year. The livestock production index fell eight percent in April compared to the prior month but was still 18 percent above last year. The crop production index rose 4.9 percent from March but was down 1.1 percent from last year. Ag producers saw lower prices received for eggs, milk, lettuce, and hogs. The USDA said they received higher prices for cattle, broilers, strawberries, and calves. “In April, there was decreased marketing of corn, cattle, soybeans, and hay, and increased monthly movement for strawberries, milk, broilers, and market eggs,” the report said. The April Prices Paid Index rose 0.5 percent month to month and 5.8 percent from April 2024. Higher prices were paid during the month for feeder cattle, milk cows, nitrogen, and hay. Lower prices were paid for feeder pigs, wages, and complete feeds.
