DefinitionToday Econoday tells us to watch for the Employment Cost Index.
The Department of Agriculture releases at the end of the month the index of prices received by farmers for the current month. Prices received represent sales from producers to first buyers. They include all grades and qualities. For most items, the current month's preliminary price represents a 3-5 day period around the 15th of the month. However, previous month's prices (revised) cover the entire month. The index is not adjusted for seasonal variation. It includes crop prices and livestock & product prices. Farm prices are monitored by analysts to give early warnings of inflation or deflationary pressures in the economy. Why Investors Care
Released On 7/30/2018 3:00:00 PM For Jun, 2018
Prior Actual Farm Prices - m/m % change 1.7 % 0.1 % Farm Prices - y/y % change -3.9 % -3.3 %
Tuesday, July 31, 2018
Prices Received By Farmers
Via Econoday (on blogroll at right):