Page 58

WISCONSIN CROP AND LIVESTOCK REPORTER
General [rend of Farm Prices and Purchasino Power
Wisconsin
United States,
.0
I      I-S-
I       W
_ -
1910-----     99
1 9 11-   -   8-- 1
1912        1  102
1913 --       104
1914 --       IOS
1915--------101
1916 --       122
117 --        173
1918 ---     196 I
19191-----------  214
1920          2 203
1921          128
1922 --      125
1923 --       137
1924 --       128
1925 ----   -- I 144
1926-   - - II5I
1927 --       154
1928 ---      1 56
1929-   --   155
1930- ---   I128
1931 ------------ 9 0
1932 -- -  --  66
Jan.     I  76
Feb. -     70
Mar. -i    70- 70
April  -- - 5 6
May             Cl
June            60
July   -        64
Aug         l   65
Sept.           67
Oet 8--
Nov.  -        68
9lDec.           67
1933 --  -- ...   70
Jan             63--- -  63
Feb.           58
Mar.            58
Apr.            61
May             70
Juite           71
July            77
Aug.            78
Sept ---        78
Oct -          77
Nov   --       76
Dee ------    68
1934                C 8
Jan1. - -        99
I A
Index Numbers o
,verageol prices Januar
2
3
I
.r,
-c
99
92
101
102
106
99
122
176
192
205
200
123
119
III
116
138
152
142
143
148
130
89
63
67
85
66
63
60
58
65
64
63
62
61
59
64
66
53
53
54
63
81
71
76
73
71
70
63
65
3
.S
101
101
111
85
93
117
125
200
218
188
211
114
100
102
118
133
114
121
130
116
95
87
66
64
64
85
85
63
80
58
52
49
46
45
44
68
44
44
44
52
86
66
98
85
86
77
81
78
82
I
:z
101
85
95
110
III
101
119
175
200
209
173
102
107
99
103
133
146
136
145
152
129
85
56
59
57
62
56
61
60
64
60
58
53
48
43
43
48
50
49
60
59
60
58
58
59
53
44
48
I Wisconsin Farm Prices
Y.1910-Deeomber. 1914-1001
S
98
90
103
105
104
103
123
169
200
224
226
134
131
165
140
ISO
150
167
170
162
129
91
70
85
76
74
63
62I
66
71
74
75
7C
71
64
62
69
77
81
84
81
82
83
83
74
749
6      7      8
a         !
103     84    100
901    99    109O
too     94    102
104    106    108
101     90     89
117    142    161
155    208    197
184    187    216
196    204    254
219    299    218
160    161    216
141    143    178
141     123   102
146    129    127
117    1542   121
158    216    126
144    183    142
163    140    169
160    144    177
124    170    164
96    107     97
80     67     71
so     73     87
76     72     87
68     71     87
143     72    87
63     72     87
68     70     87
14     66     64
74     67     74
82     64     54
103     60     84
116     59     54
120     61     84
70     82     87
93     60     89
60     60     59
58     60     87
67     62     59
67     61     54
82     66     89
64     92    122
60    145    122
69      116  122
87     87    122
98     87    122
82     87    122
781    6 1 1221
'8
103
118
111
82
85
89
103
133
173
172
172
119
123
121
130
115
119
121
115
114
99
90
82
87
on
87
86
79
79
81
76
74
76
80
73
e8
70
72
77
79
84
87
88
88
87
86
87
Purchasing
Power
10
.5
-,a
E.2
a-
101
8'
103
103
105
g9
98
116
112
107
105
85
86
92
85
84
89
102
102
102
g0
73
62
68
Dt
62
59
56
56
60
61
63
656
66
65
82
57
58
60
69
69
72
70
67
66
66
59
599
I 1
M;6
1. I
U :
'.2a
100
88
104
104
104
98
99
113
114
112
116
89
90
Ill
93
87
98
111
107
90
73
65
74
67
66
61
58
56
58
62
67
70
72
74
70
63
12
ItI
tI
I9;
'--
. -1
I1 I
:::::
97
100
103
104
117
124
133
143
171
168
154
147
139
130
125
122
120
119
117
104
91
_os
. - -
j- -
_-  -
_ - -
68   -_--
75
79 -
79-
72 - ----
71     -
72
72   ---
64   ---
1149
I-    =---
Index Numbers of United States Farm Prices
(A....... f  kier. 5A....... l11,I..I. loi10A lo
13     14
10.
Zt
I -i
.2
102
95
99
lei
102
106
117
176
200
209
205
116
124
135
134
147
136
131
139
138
117
80
57
63
60
61
59
56
52
57
59
59
56
54
52
49
53
62
64
76
72
70
70
71
68
70V
'9
S
104
96
106
92
103
120
128
217
226
231
231
112
105
114
129
168
129
128
130
121
100
63
44
82
61
61
50
49
44
42
43
41
38
34
33
-j4.
34
36
47
62
63
94 1
811
68
74
73
75
I5
I0
103
87
95
109
112
104
120
173
202
208
173
108
113
106
109
139
146
139
160
156
134
93
63
68
65
69
66
59
67
72
89
67
60
87
82
.-ii
53
58
57
65
88
66
63
nz
63
69
52
55
i I
r1:
100    104
97     91
103    101
100    101
100    106
98    103
192    118
125    157
152    186
173    206
188    222
148    161
134   1"9
148    145
134    147
137    181
136    188
138    141
140    180
140    119
123    126
I4     98
70     80
85     87
79     70
76     1G
74     60
68     60
62      69
63      65
S5     75
67     84
68    102
68    118
69    121
C88g
62     57
59     54
59     56
63     62
65     55
71     67
72     87
76     77
78     94
78    105
76     95
73     82
,__ .. I.~ .1 .. I I . 1, . ;1 - I                                      
                              7. .. .
a
I
91
106
110
92
100
83
123
202
162
189
249
148
182
138
124
160
189
155
146
136
158
98
71
70
68
73
78
80
82
83
79
68
59
67
59
57
60
66
68
74
103
120
101
86
81
83
_ 92
92
19
113
101
87
97
85
78
119
187
248
247
248
101
188
218
211
177
122
128
162
145
102
63
46
45
47
60
46
42
37
41
61
57
51
47
43
44
48
49
85
69
84
71
69
71
76
77
82
82     116-- -
I 20
99
102
161
100
165
124
149
175
200
194
1SO
146
149
150
154
153
151
153
152
144
124
107
115
114
112
III
109
108
107
107
106
105
104
103
102
101
100
101
102
103
107
12
116
116
116I
115
Purchasing
Power
21
tie
1U
105
93
100
99
102
94
118
114
104
106
77
64
g0
89
95
89
87
91
91
81
65
63
as
53
54
53
81
48
53
95
56
53
52
50
49
s0
52
61
82
71
84
60
60
61
53
-r-repaea Dy toe Dureau 0l Agricultural LcOnlOili.s United otates Dcpartment
of Agriculture.
-Iocludes potatoes, tobacco, canning peas, aod clover seed.
'Iochlides dry beaos, flax seed, h y, dry peas, sugar beets, and wool.
The ratio of the isdex oumber of prices received for Wiscousis form products
to the revised United States isdex number of prices paid for commodities
farmers buy.
The ratio of the ildex sumber of Wisconsin milk prices to the revised Utited
States ildex number of prices paid for commodities farmers boy.
'Average of eat imnated values, 1912-14 = 100.
'These index nootbers aire based on retail prices paid by farmers for commodities
used in living and productiox, reported quarterly for March, June, September,
and December, revised.
Indexes for other months are interpolations from the quarterly data.
'Purchasing power of the farmer's dollar expressed as the ratio of the ildex
of pi-ices received to the revised index of prices paid for commodities farmers
buy.  Preliminary.
I 22
l1
I*
_ .
97
100
103
103
108
117
129
140
170
157
139
135
130
124
127
119
117
116
115
108
89
.71~
ruaty   I were    76  tutilliost  poundls itS
(tolllp)trtne  to Ithe fiVe-yeiaIr atvtiirge of
:11)ottt :I tiillion  poutuds.  Titi  totall
ottt-tf-stonrige mnovenini-t of butter tltt-
ing IJanuary vwas     35 milliot  pounds.
incltlluding 15 millioit pounds of govern-
meint oxvn(,d butter, and is the risctitid
Janutttaly out-of-storagi- movem-nent. Ti
total (d(1 storage stocks of ch est
were 791 nuillion  Poundtls oet l'enu-vtry I
is   onptirtld to 63  i illloio ttl the same
sittle lst ye lln ald the five -year  ve- -
age oif 72 snillioti poltnds. The ont-Iof-
S1 IofSg( movemetit of cheese totttled 13
million  Potunds for Jtanxuany as coot-
pared   to th0- five--vear average    of 9
million   psolinds.  T otal coId-sot laiK
stocks of shte-I  eggs wire only G2,1(011
Cases this Feltfruarty  I Is compired to
75,0001 cases last year on that datl ani
the fiv -yiar, Average 14'ebrtiary 1 hold-
ings of 372,00)1 caS(s. St icks of frtizi ti
and shill eggs, ill terms of cast eitii
aleit, Nvere  1,477,000 casSes on   lehru-
a ry I or 27 pet certt less than the five-
yeIr Iveralgi for that date.
Exxg PrisHeitllnss
The pr-odilnction of eggs for tht flocks
of Wisioitsitn crop reporters on    e'l ibt l-
ary I avernged 2 per cent l(ss tper
fiarm ilthri a yeiar ago. The prodtltiiot
per 100 hens was down about 3 per
ii ut billt the ninumber of bilds ii floeiks
iiii ritisei  -toiiglu to ptantly offset thi-
tedutetiin in the ralte of laying.     'IThe
( gg-feetd  pl ise l'Ihltiollshlip v ollt ilitll S
ulllfavvo-ali)le to egg prodluction wvith 1in
d(itzeti (eggs being itquivaletut ill valule
Ito oillt  172 pliiunds of a stnt(lsttrd huhjIj
Itl- rationi in Jaisuary as lonltlireil ti.
562 pountids ii yi-ar Ago.
Ftoi tlte Ustited States liens Itlill (oit-
sideta bly fewer eggs oit lFebriiar rv     I
tluis yi-asr than eithelr 1933 or 1932, hult
more than the averaige otl that date it)
tIlt 5 years, 1927-,11.   Thi   nxnmler of
li-(is iii fart  lloiclks oii l'eltlerttiry I wa (s
I.5 per cent less than aI year       o .a;i ti
thi  niltmber of eggs laid per Ieill asil
1 4 per ciiint less.   'lhe prodii c ti i   of
ggss ties ftarm   flock reporting, whicth
tiosily reflects thi   rivl-ttivi-  total t-glr
tirolitdttimi  was 17 pir cetit l(ss on
1-'ibrttiry I this year thait Itilst ibtlt 7
pit-r icttt grieati-  tietan  the. fivi-vyer
lt'rl rtry 1 averalgi-.
'I'Tsh 1'"rsa lPrlee Situ nitlt oI
T'he  lattary lprice    lev (fl for- ftrm
plroducelts in Wisconsinl tvas (9 per cent
iif pre-vilt, it 1 point ineriasi frcitn De-
vmlber atid a 6 point mirgist ovet- tlti-
tirice lievel a year itgo. Fairri prices of
milk dttrintg Janutary weri       unthanged
friitu D ict-ember, the  retontl's a veragi
helsig  IJ3 cetnts per huniudreldweight as-
itiditig     to  preliminary  reports.  TI
ilifornittion   indic(attes  thttt  Jainutary
ititik priHCs At cheese factories and
btttter plartts were about a cetit above
December, but price reductions at con-
denseries and market milk platuts dur-
ng the pericid atbout offsit the gain , t
esther Plltnts.
The irudex numbers of prices paid
by fusrmers in the United States re-
mainied at 116 per cent of the per-war
average.  With Wisconsin farm     pro-
fiicts prices equaling only 69 per tent
of pre-war, the exehange vtalue of Wis-
ctitsin fturm  products in January was
only 59 per cent of the pre-war ex-
chaltFige riltisi.
LUsited States. Firms Prlcee
The January farm price level for the
nation was 70 per cent of the pre-war
level ini comparison with 69 per cent
for Wisconsit. In December. both in-
dex numbers stood at 68 per cent of
pIe-war-. Thise arn the first months
since in 1925, that the United Statis
pl ne  levil of farm    products   has
e(itillt-d or exceeded  the Wisconsin
li vil.
The United States price level gained
2 poitnts front December to January I5
largely as the result of upturns in
fttrm prices of grain, meat animals,
cotton, arud  fruits  and  vegetables.
'lrces of datiry and poultry prodfcets
declilted t ilirg the 301-day interval.
, ,
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l
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_
- l -
11 1_
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-I-
vv
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58
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4
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I 18
I
-I 16 17