Definition of 'Farm Prices'
The Farm Prices Index is also known as the Agricultural Prices Index. These are the prices received by the farmers for wholesale sales to first buyers. This includes both crop and livestock. Farm Prices are a leading indicator because a price increase in agricultural produce will lead to an increase in food in general. As such this index is watched for possible inflationary pressure in months to come.
Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.
Is this definition wrong? Let us know by posting to the forum and we will correct it.