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TeachMeFinance.com - explain Prices received index Prices received index The term 'Prices received index ' as it applies to the area of agriculture can be defined as ' An index that measures changes in the prices received for crops and livestock. NASS currently publishes the index on a 1990-92=100 base. A ratio of the prices received index to the prices paid index on the 1990-92 base that is greater than 100% indicates that farm commodity prices have increased at a faster rate than farm input prices. When the ratio is less than 100%, farm input prices are increasing a more rapid pace than farm commodity prices. The prices received index and the prices paid index are used to calculate the parity ratio'. Previous 5 Terms: Price index Price support Pricer Pricer Or Repricer Prices paid index Next 5 Terms: pridian PRIM Primacy Primary Ambient Air Quality Standards Primary Battery About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.