In 2022, the ratio of prices received by farmers to the prices paid index for commodities and services, interest, taxes, and farm wage rates (PPITW) in the United States came to 95 percent of the base year 2011. The ratio of prices received to PPITW has been steadily declining since the base year, with 2020 being a new low. In other words, farmers were earning less after expenses in 2021 than they did in 2011.
Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022
Characteristic
Ratio of prices received to PPITW (2011=100)
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U.S. Government Publishing Office. (November 1, 2023). Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022 [Graph]. In Statista. Retrieved September 10, 2024, from https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/
U.S. Government Publishing Office. "Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022." Chart. November 1, 2023. Statista. Accessed September 10, 2024. https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/
U.S. Government Publishing Office. (2023). Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022. Statista. Statista Inc.. Accessed: September 10, 2024. https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/
U.S. Government Publishing Office. "Annual Ratio of Prices Received by Farmers to Ppitw in The United States from 2011 to 2022." Statista, Statista Inc., 1 Nov 2023, https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/
U.S. Government Publishing Office, Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022 Statista, https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/ (last visited September 10, 2024)
Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022 [Graph], U.S. Government Publishing Office, November 1, 2023. [Online]. Available: https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/
