Rural Price Index

The BankSA Rural Price Index informs the state's farmers and farm industires about how prices are faring for South Australia's farm products.

The index aggregates price movements across 17 products, which make up more than 80% of South Australia's farm output.

There are three groups of products - grains (such as wheat and barley), livestock and related products (dominated by wool, milk and beef), and horticulture (dominated by grapes); and

The index shows prices in Australian dollars (thereby reflecting the prices received by South Australian farmers), as well as in terms of the prices paid by foreign buyers (that is, prices in foreign currency).