Thursday, May 31, 2007

Pump Up Your Food Budget

Corn-a-Hole is a GREAT idea!

The preliminary All Farm Products Index of Prices Received by Farmers shot up 3% in May from the previous month and is up 24% over the past year. Crop prices increased 2.1% and livestock prices are up 3.9% as higher feed costs are working through animal production. Farmers received higher prices for milk, hogs, hay and broilers. Lower prices were received for vegetables such as lettuce, broccoli and cauliflower, and for cattle. Prices paid by farmers rose less sharply, adding 0.6% for the month and 6% over the past year. Farmers paid more for hay & forages, gasoline, and fertilizers. Feed supplements, complete feeds, diesel fuel and feeder cattle cost less in May.

Bon Appetit!!

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