DEAR NEW FARM:
When did the OPX begin?
The OPX™ (The New
Farm Organic Price Index™) began in January 2003
and was born out of the realization that while conventionally
grown or raised commodities have been tracked with pricing
indices for years, the organic community had historically
lacked access to such pricing information.
While organic producers know only too well the cost of producing
their products, they often lack access to the other half of
the equation necessary for success in any business—accurate
pricing information. It’s our hope that with the OPX,
organic farmers can better plan their business strategies
by tracking price trends over time, gain insight into the
true value of the products they produce, and be able to determine
production budgets based on organic sales prices.
Until recently, we’ve been gathering produce prices
at two terminal markets; one on the East Coast and one on
the West Coast. In order to better provide regional data,
we are in the process of bringing 13 more terminal markets
across the country on board. (The OPX also provides you with
the best available pricing data for organic dairy, grains
We are also in the process of improving our Grassroots
OPX™, working to provide you with weekly pricing
data from farmers markets in every state. Interested in becoming
a Grassroots OPX™ reporter? Contact New Farm Assistant
Editor Amanda Kimble-Evans at email@example.com.
us with comments, suggestions and questions.