July 14, 2009
Export prices rose for the third consecutive month in June, advancing 1.1 percent following 0.5-percent increases in each of the 2 previous months. Higher prices for both agricultural and nonagricultural exports contributed to the overall increase in June, the largest monthly increase since July 2008.
Prices for agricultural exports increased 4.8 percent in June and 12.7 percent for the second quarter of 2009, the largest 3-month gain since the first quarter of 2008. Both advances were led by rising prices for soybeans, corn, and wheat. Despite the increase over the past 3 months, agricultural prices fell 12.5 percent over the 12-month period from June 2008 to June 2009.
Nonagricultural prices rose 0.8 percent in June, but they have decreased 5.7 percent over the past 12 months.
These data are from the BLS International Price program. Export price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes – June 2009," (HTML) (PDF) news release USDL 09-0779.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Export prices in June 2009 on the Internet at http://www.bls.gov/opub/ted/2009/jul/wk2/art02.htm (visited November 27, 2015).
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