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Cooperative Crop and Livestock Reporting Service (Wis.); Federal-State Crop and Livestock Reporting Service (Wis.); Federal-State Crop Reporting Service (Wis.) / Wisconsin crop and livestock reporter
Vol. XIII ([covers January 1934/December 1934])

Wisconsin crop and livestock reporter. Vol. XIII, no. 1,   pp. [unnumbered]-56 PDF (2.1 MB)


Page 56


WISCONSIN CROP AND LIVESTOCK REPORTER
General Trend of Farm Prices and Purchasing Power
Wisconsin
Index Numbers of Wisconsin Farm Prices
(AverageolpricesJanury, 1910-December, 1914  100)
I ~  ~     ~     ~     -
I    z    3     4    5    6     7    8
a                            A  ,
54   . 6                        C0   A
!. X             A         I    a6
- I
___o I                               I
99     99    101    101     98    103     84    100
91     92   Ill      85     90     91     99    100
1J2    101   Ill      95    103    101    117     90
104    102     85    110    105    100     94    102
IOS    106     93    III    104    104    105    108
101     99    117    101    103    101     90     89
122    122    125    119    123    117    142    151
173    176    200    178    169    155    208    197
196    192    216    200    200    184    157    218
214    205    188    209    224    198    204    254
203    200    211    173    228    219    299    218
128    123    114    102    134    180    161    215
125    119    100    107    131    141    143    178
137    III    102     99    165    141    123    116
128    116    118    103    140    146    129    127
144    138    133    133    1SO   160     154    129
151    152    114    145    ISO    158   216     126
154    142    121    138    167    144    183    142
156    143    130    145    170    153    140    169
155    148    116    152    162    160    144    177
129    130     95    129    129    124    170    164
90     89     67     85     91     95    107     97
66     63     56     55     70     80     67     71
76     67     64     59     85     80     73     87
70     65     84     57     76     76     72     87
70     66     65     62     74     88     71     87
65     63     65     56     68     83     72     87
61     60     83     51     63     83     72     87
60     58     60     50     61     58     70     87
64     65     58     64     62     84     66     64
65     64     62     60     66     74     67     84
67     63     49     58     71     82     64     54
68     62     48     53     74    103     60     54
68     81     45     48     75    116     59     64
67     59     44     43     76    120     61     54
70     64     68     53     76     70     82     90
63     55     44     43     71     93     60     59
58     53     44     48     64     80     60     59
58     53     44     50     62     58     60     59
61     54     52     49     69     57     62     59
70     63     86     60     77     65     61     59
71     61     66     59     81     52     66     59
77     71     98     60     84     64     92    122
78     76     85     58     81     80    145    122
78     73     85     58     82     69    116    122
77     71     77     59     83     86     87    122
76     70     81     53     83     98     87    122
CoS    63     78     44     79     89     87    199
.C
103
118
82
85
89
103
133
173
172
172
119
123
121
130
115
119
121
115
114
99
90
82
87
86
88
90
87
86
79
79
81
76
74
76
80
73
68
70
72
77
79
84
87
88
88
87
86
Purchasing
Peoer
I0
'3;
.2-
U
101
89
103
103
105
96
98
116
112
107
105
85
86
92
85
94
99
102
102
102
99
73
62
66
61
62
59
56
56
60
Sl
63
65
65
65
6e2
57
58
60
69
69
72
70
67
66
05
II
.3 -
me
100
88
104
104
104
8
99
113
114
112
116
89
90
III
93
97
98
II1
107
90
73
65
74
67
6
61
58
56
58
82
67
70
72
74
83
62
68
75
79
79
72
71
72
71
fi49
CurZ
117
124
133
143
171
1,8
154
147
139
130
125
122
120
119
117
104
91
United States,
Index Numbers of United States Farm Prices
(Averse.* *I rices Aufust. 1909-July. 1914-100)
13  1 14   1 15   I 16   1 17  1
103
9g
99
100
102
100
117
176
200
209
205
116
124
135
134
147
136
131
139
138
117
80
57
63
60
61
S9
56
52
57
59
59
56
54
52
49
s0
53
82
64
76
72
70
70
71
68
104
96
106
92
103
120
126
217
226
231
231
112
105
114
129
156
129
128
130
121
100
63
44
52
51
51
80
49
44
42
43
41
38
34
33
-3i
34
36
47
62
63
94
81
78
68
74
79
103
87
95
108
112
104
120
173
202
206
173
108
113
106
109
139
146
139
10
158
134
93
68
58
69
66
89
57
72
69
07
60
57
52
-- *ii
53
56
57
85
66
66
63
62
63
59
A9
IN
loo
97
103
100
100
98
102
125
152
173
188
148
134
148
134
137
136
138
140
140
123
I4
70
85
79
76
74
69
62
63
65
67
68
68
69
62
59
59
If3
65
71
72
76
78
78
7C
a
A.
104
91
101
101
105
103
116
157
185
206
222
161
139
145
147
181
186
141
150
159
126
98
80
87
70
61
60
80
59
85
75
84
102
115
121
87
64
56
62
55
67
67
77
94
105
95
18
D
.5
91
106
110
92
100
83
123
202
162
189
249
149
152
138
124
160
189
155
146
136
158
98
71
70
88
73
79
80
82
83
79
68
59
57
59
57
80
88
68
74
103
120
101
86
81
0'1
19
I
I
i
101
85
I
i
113
85
78
119
187
248
247
248
101
158
218
211
177
122
129
152
145
102
43
46
45
47
50
46
42
37
41
51
57
51
47
43
44
48
49
65
69
84
71
69
71
76
20
102
K9
101
100
124
199
175
200
94S
1246
149
175
154
iIS
146
124
1S7
its
154
152
53I
1 5 2
124
107
115
,Os
109
103
I10
106
I10
104
103
101
101
102
107
112
Purchasing
Power
21      22
a C
106    ---
93
100    -
99     100
102     103
95     103
94     108
118     117
114     129
104     140
108     170
77     167
84     139
90     135
89     130
95     124
89     127
87     119
91     117
91     116
81     115
65     106
53      89
55   ....
53   ------
34    .
53     -
51
48  .- - -
53----
66
53----
52    .'--
50    .
.    .    735
60   ------
49   .-..
52 .
61
8i2.
60
61
'Prepared by the Bureau of Agricultural Economics, United States Department
of Agriculture.
.Includes potatoes, tobacco, canning peas, and clover seed.
h1ncludes dry beans, flax seed, hay, dry peas. sugar beets, and wool.
'The ratio of the index number of prices received for Wisconsin farm products
to the revised United States index number of prices paid for commodities
farmers buy.
'The ratio of the index number of Wisconsin milk prices to the revised United
States index number of prices paid for commodities farmers buy.
IAverage of estimated values, 1912-14 = 100.
'These index numbers are based on retail prices paid by farmers for commodities
used in living and production, reported quarterly for March, June, September,
and December, revised.
Indexes for other months are intersolations from the quarterly data.
'Purchasing power of the farmer's doilar expressed as the ratio of the index
of prices received to the revised index of prices paid for commodities farmers
buy. 'Preliminary.
highl poilit of 121,000     hIiad twIo y.'alr'
ago.
lor the United      States the activities
of shiep and ]Bulmb) feeders ai       i alst fill-
der a    y ey r ago, the   totUl   num1111ber  ill
fee-d lots otf the 1r'illnilplll feeding states
being   estillmated  this year aIt 4 9tl6 il0ltl
hea; id.  This   is   it  d1 eci'i as   (If  725.11011
head oii* i] Ilrc(let flrllu th, linuibel' ill
tile fe"d lots Lt yeair ago.
The 1g urnss Price Situmatlfox
Tih   pllrice  level  If    i is'collsin  fa:nt
prlollduts for 111:: was    0t 1perc'eitt of tll
19111-14 averilge, il incl,1 :s    of 4 poilitS
froinl thle 19:12 ilid x. Durlin~g th, opeliX-
ing    montlhs    of   193:1,   Iies     t d;l
sharply    reaching   tl,  lowest poinit ill
over 21 ye'ars ii ]-'el)llwill'y  ailnd  7ar'lh
whIll tlhe     WiSCOIISill farml Illil' liltl'\
w  1s (o1115  58  pr1c11' lit  o~f It''-w at.  A
5)-inon 1th per iodl of rapllidly risillg pri-i -
*v:11 li,1 ,l t})i holex 1,, ,Spo  . )-1f11t o,,t pr, -
Nv:ir in)             Th1tSt  lis +lson.. (f the
largest   stl i  tiilr se i i  7  1 ev r  let  lIt  d   ill
AWis'llisinj   :111d  (:01111  ilnring  a  till   (of
till, 5,,jr  xtenll Wisconsin    farm   prices
oll'illarily ,Iclitl'- lwcallllsc of the  sal-
sonalI (1#Xslill s ill rlilki prlivefs.   lpo(llowi-
ilig tll Alpril to August galin the Wis-
conllsiti fallil plrice  Ievel was r''lativ lx
Ytillill' tIh hougli  Nolveiller.  In  I t cti
el, d:ily     plrices   brolci, shatrply  taltd
Flr;ill anid   live(stov< lcPri e s  allso  turli(A
lowxvr  folrcing   tile    indx  (If thte  file]
rnonth of the year to 69 percent of iolt('-
AV:1x.  Thlis Wlas a loss of 9 points froni
ill(t ye'tr's peak :sid a   allin  of G pIllnts
front thl  pli(e   Ilvel for the fitst nitlntl
ttf 19:13.
Th'1e     1"I'tld~s  ill   l~illk   prIiceZ'   durlin)g
1t:f IW'ere   lilillstlal.  Att theI l) 'gilliing
of til1 y :11  l plrices droplled shtilltply.  In
Mllarch, till' alvl''Ilg' pr11ce  wavs onlyt 711
conts   pet   hulidrleldtweighlt,  thl' lowist
Marllh    price   it 34   yl't'5rs  (If 1r- lcord.1
AMilic pltries r0os   followilng AITalllc   an11d
Ii I'  il   Ik  WO5  lewa   ached  ill  Jlly  xvit l i ani
Iiv rlage  filnnr  plice   (If  $1]1(I  111;  p lilit-
drl'dwl'tai~it.  This  lprilc    wats   aittvI
t)otlil the July 19:12 and thle July 1!1:,1
level. Prices were reasonably firm fol-
lowing July until the Decenmber break
in dairy niarkets occurred. The pre-
litiliatry December farm  price was 95
cenlts per hundredweight, 11 cents be-
low the year's high point and 16 cents
above the Aal'ch low. The average
milkc price for the- yelr waIs 97 el'lits
phr cxwt. lin iltrease of 9 cents from
thlt 1932 average.
The United States Farit price level
for Decemiber was 6S percelst of prl-
war-, an increase of 17 points frola th''
Jllltlary 19133 l-vel tIl( aln increase of
19 points froill th-e February low. The
higb poilnt for thle year was reached in
July when the ind x rose 12 points in a
0o11th to 76 percenit of prl-war. Prices
react edll it August to 72 percent of pre-
xw a r  but  continued  fairly  stable
throigh  Novemlore. Commodity      p'Irice
reactions in Decornber forced the ill-
dex of th' month down 3 poilits from
Nlox'l'mber. Tlhis was the largest de-
tlinlle expel rienrmed silnce August.
56
8
19121  -- -   ---- - -
19131 - -  - - -
19 144 -
1915  - - - - - -
1915  - -
19 18--
1919  -  - - - -
192 1 --
1922  --
I1tl2:1
1924  --- - - - -
192i - -  -- -
192  ; - - - - - -
192 -9
19:30  --- --- - -
1931 -     --
1932   -
Feb.
Mar.
April
May-
Juluie
July - -----
Aug{. ---
Sept. -
Oct -. -- -
Nov --
IDec.
1933
Jaa .
Feb..
Marr.
Apr.
May---
Jule
Joly
Aug. --
Sept.
Oct. ----
Nov.
Dec.
.
. .
_ - -   ------.
_S     VV      10     ,,      6_     V_      01    1DX
.- -----
: _.
I I-
I _
oo
I I
1s0
uv
DO-
UY-
v
v_
..s
I.I
i


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