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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. 7,   pp. [25]-28 PDF (2.0 MB)


Page 28


WISCONSIN CROP AND LIVESTOCK REPORTER
General Trend of Farm Prices and Purchasing Power
Wisconsin
bers of Wisconsin Far
es. A..usi. 19009-uly
S
98
90
103
105
104
103
123
169
200
224
226
134
131
165
140
ISO
150
167
170
162
129
91
70
76
71
64
62
69
77
81
84
81
82
83
83
74
75
85
87
81
81
849
6
I-v
91
101
100
104
101
117
155
164
195
219
160
141
141
146
160
158
144
153
160
124
95
80
70
93
60
58
57
65
52
64
6f
69
86
98
82
78
75
74
72
72
65
4
1:
101
85
95
110
III
101
119
175
200
209
173
102
107
89
103
133
145
136
145
152
129
85
55
63
43
46
60
49
60
59
60
69
68
59
63
44
48
68
57
66
64
52
rm Prices
' 1914-100)
7      8
A      a
.5     5
: .s
84    100
99    100
117     90
94    102
105    108
90     89
142    151
208    197
157    216
204    254
299    218
161    215
143    178
123    116
129    127
154    129
216    126
183    142
140    169
144    177
170    154
107     97
67     71
82     90
60     50
60     59
60    569
62     59
61     59
66     69
92    122
146    122
116    122
87    122
87    122
87    122
96    122
108    122
104    122
96    122
88    122
85    122
-a
It
I
103
118
111
82
85
89
103
133
173
172
172
119
123
121
130
115
119
121
115
114
99
90
82
80
73
68
70
72
77
79
84
87
88
88
87
86
87
90
92
96
99
105
Purchasing
Power
10
'Vi
S.
'.9
X l
101
89
103
103
105
96
98
116
112
107
106
866
86
92
65
94
99
102
102
102
90
73
62
64
62
57
58
60
69
69
72
70
67
66
66
69
60
66
66
62
61
.lu
II
1 .
8a
k04
*04
-e
9.
ga
100
88
104
104
104
96
99
113
112
116
89
90
illl
93
87
98
Ill
107
90
73
65
70
70
63
62
68
76
79
72
71
72
72
64
64
71
72
68
67
1659
12
013
-E
oH
13
1--
I j
154
100
103
104
124
117
1323
1143
171
168
154
147
139
130
126
1 22o
119
117
104
91
80
United States,
Index Numbers of United States Farm Prices
(Average of prices August. 1909-July, 1914-100)
3I 14         15   16  1 17   1 I8-1   19     20
a                           As
: a         S
eM          a
.5   t     U
.              d      io      ,       *    *c
103    104     103    100    104     91     113     98
95     96      87     97     91   106     101    102
99    106      98    103    101    110      87     99
1oo     92     108    100    101     92      97    101
102    103     112    100    106    100      85    100
10    120     104     98    103     83      78    106
117    126     120    102    116    123     119    124
176    217     173    125    167    202     187    149
200    226     202    152    185     162    245    175
209    231     206    173    206     189    247    200
205    281     173    186    222    249     248    194
116    112     108    148    161    148     101    150
124    105     113    134    139    152     186    146
135    114     106    148    145    116     216    149
134    129     109    134    147    124     211    156
147    166     139    137    161    160     177    154
136    129     146    136    156    189     122    153
131    128     139    138    141    156     128    151
139    130     150    140    150    146     162    153
138    121     156    140    169    136     145    152
117    100     134    123    126    158     102    144
80     63      I3     94     96     98      63    124
57     44      63     70     80     71      46    107
63     62      59     69     74     80      64    109
St     34     61      68     96     59      46    102
49     34      53     62     67     57      44    101
50     36      66     59     54     60      48    100
53     47      57     59     56      66     49    101
62     62      65     63     62      68     65    102
64     63      66     65     55      74     69    103
76     94      66     71     67     103     84    107
72     81      63     72     67     120     71    112
70     78      62     76     77     101     69    116
70     68      83     78     94      86     71    116
71     74     59      78    105      81     76    116
68     73      52     76     95      83     77    116
70     75      55     73     82      92     82    117
76     78      64     77     77     101     93    119
76     78      65     79     72     108     94    120
74     77      63     76     70     105     94    120
74     78      63     76      69    105     90    121
77     81      64     76     fl     lR      il
Purchasing
Power
21 I22
0'1
S1.,
106   .
93----
100      97
99     100
102     103
96     103
94     108
118     117
114     129
104     140
106     170
77     157
84     139
90     135
89     130
95     124
89     127
87     119
91     117
91     116
81     115
65     106
53      89
58     73
50    .
49
50   ......
52
61
62   - - -
71   . . .
64
60   .
60.
61.
60 - - ----
64   .
63      76'
62   .
61 --
63
Prepared by the Bureau of Agricultural Economies, UnIted States Department
of Agriculture.
'Includes potatoes, tobacco, canning peas, and clover seed.
'Includes dry bealls, flax seed, hay, dry peas. sugar beets, and wool.
4Tbe ratio of the index number of prices received for Wisconsin farm products
to the revised United States index number of prices paid for commoditiej
farmers buy
'The ratio of thy index number of Wisconsin milk prices to the revised United
Staten index number of pricey paid for commoditie tafrmers buy.
'Average of estimated values, 1912-14 = 100.
'These index numbers are based on retail pric  paid by farmers for commodities
used in living and production, reported quarterly for March. June, September,
and December, reviFed.
Indexes for other months are interpolations from the quarterly data.
"Purchasing power of the farmer's dollar expressed as the ratio of the
index of prices received to the revised index of prices paid for commodities
farmers buy. Preliminary.
poitlt ill the lWisconsins fillin price ill-
d( x fti-ri 74 iv Mlay to 75 percent of
re- war   in  Jille.   The   piIs'tr(lssitsg
power' of the Wiscoissit    farmer re-
mnained sthady at 61 plrcent of ple-
walr fol Jillo 15. This is 8 points be-
low Julle of last year.
he  'Uniteld  Stastes  Fairsis I'rieeN
Th(e Itlited States fsillss plrice index
lose mrucIh more rapidly thtan did the
Wiseonsins plrice index this month. It
re an I ed 77 pe rcest of the p e- war, the
highest levst that it has attained since
July  931.tt  it advanced 3 points above
last month and 13 points above the
same misonthl lIst ytjr. It is 5o0w    2
points ahove the Wisconsin farm    price
index.
The index of retail prices ptnid by
farmers for the United     States as a
whole contintied its upward tre(nd in
June to 122 whiclh is 1 point above May.
However, this upturn wats offset by the
nsuch issore rapid rise in the issdex of
the United States farm plrices and tlse
net result was it 2 point rise in pur-
chasing powver for the couistry as a
whole to 63 percent of pre-wvar which
is 1 poitst above the same mossth t yeavr
ago.
Waxee of ]Ptrsis Lnsbor
W i t h Wisconsin farmers paying
somewisat higher wlvges to their hired
hIelp on July 1 this year than on the
s nssse date nt year Igo, the July 1 wage
rate w:as the highest paid since October
1, 1932. Although there h ns been a
gain in the wage rate as compared
withl that of a year ago, the seasonal
advance since April has not been as
great this year as last.
On July 1 the average wage rate per
month with board was $18.75 and $29.00
per month withovtt board. Hired men
were receiving $1.00 per day wiits
board atsd $1.40 without board accord-
ing to reports of Wisconsin crop cor-
respondents. The wage rates oin July
1 of last year were somewhat lower,
hired men receiving $17.20 15er motith
with board and $26.75 without board.
The average rate paid per day lItst year
was 95 cents with board and $1.40 with-
out board. Using the average of the
wages paid during the period of 1910-
14 as the normal rate, Wisconsin farm
wage rates were 70 percent of normal
on July 1 compared to 64 percent of
normal on July 1 last year.
For the United States the general
level of farm wage rates rose 2 points
(luring the second quarter of 1934 to
90 percent of their pre-war average on
July 1. Tlse advance, however, was
only one-third of the seasonal increase
usually recorded during this period.
Index Numl
(Average of pri
1910  - - -- - -
19171 - - -- - -
1912  - - -- - -
19193 - - -- - -
1920- --4 -- -
1 921  -- - -- - -
1922- -- - -- -
1916- -- - -- -
19218 -- - -- -
1919- -- - -- -
1920 .-- -- - -
1921  - - -- - -
1922 .-- -- --
1923 .-- -- - -
931 9
19 2  -
1929
193 2  -
1932.
Jan. --- - -
Feb.
Mar-
Apr.
May
June
July
Aug.
S9pt-
Oct. -
Nov.
Dec.
1934  .
Jan.
Feb.
Mar.
Apr -----
May
June --------
2
-
'a
99
92
101
102
106
99
122
176
192
205
200
123
111
116
138
182
142
143
148
130
89
63
64
b5
53
63
64
63
61
71
76
73
7I
70
63
65
73
72
70
68
t7
E t
los
I
192
917
104
104
101
122
196
214
203
178
125
137
128
144
154
156
155
120
90
66
70
63
58
58
61
70
71
77
78
78
77
76
68
70
79
79
75
74
759
3
C
2II
101
111
111
85
93
117
125
200
216
188
211
114
100
102
118
133
114
121
130
116
96
67
56
68
44
44
44
52
66
66
98)
85
85
77
81
78
82
84
83
83
83
97
.
l
l
. . ._
28.
AB_..b . ._S-*_-,
I__


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