In many instances, however, the increased prices will offset the lost production, Agriculture Department experts believe.
Offsetting this was the price of electric power, which jumped sharply, as did food prices.
The company said sales volume and market share had been hurt when it tried to raise prices to offset rising raw material costs.
Higher prices for strawberries and grapefruit partly offset the drop.
They can't raise prices to offset higher payroll costs - too much competition.
Lower prices for cattle and peaches partly offset the rise in other commodities.
But the tax cut would mostly benefit oil companies, which could raise prices to offset it, rather than consumers.
Circulation revenue was up 3.9 percent, as higher prices offset declining sales of newspapers.
That indicates companies cannot easily raise prices to offset the higher cost of paying workers.
Then, he said, they would have to raise prices to offset their increased costs.