The National Agricultural Statistics Service released the Agricultural Prices report for July on August 31st. For all agricultural products, in July 2022, prices received by farmers attained an index of 134.7 compared to 107.0 in July 2021. Concurrently, prices paid by farmers increased from 120.4 in July 2021 to 135.6 for July 2022. The ratio of prices received to prices paid increased from 89 to 99, mainly due to inflation in prices received.
With respect to eggs, in July 2021 USDA-NASS recorded a unit revenue of $0.98 per dozen compared to $2.99 per dozen in July 2022.