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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. 5,   pp. [17]-20 PDF (2.0 MB)


Page 20


20
WISCONSIN CROP AND LIVESTOCK REPORTER
General Trend of Farm Prices and Purchasing Power
Wisconsin                                                               
               United States,
Index Numbers of Wisconsin Farm Prices                      Purchasing  
                  Index Numbers of United States Farm Pr call           
   Purchasing
(Average of prices Augut, 190-Jul .,1914-100)                      Power
                    (Average of prices August 1909-July.      114-100)  
          Pwer
1   2       3       4       5       6       7       6       9      10   
  11       12       13      14      15      16      17      1s      19  
  20      21     22
;      .   Ihu
A                                                              -        
                                                                       .2
e
lo  :g          0.c                               o                     
                                  0             .
i    0.                                     i~~~~~~~~_50     j. L       
   mg      beg
1910 -----       --      99     99     101     101      98     103      84
    100     103     101     100    ----       103    104     103     100
    104      91     113      98     106    .---
1911 -----       --     91      92111I          85      90      91      99
    100     118      89      88    ----       95      98      87      97
     91     106     101     102      93    .
1912 -102---           I       10       III     96     10      101     117
     90     I111    103     104       97      99     106      95     103
    101     110      87      99     100      97
1913   -   --    --     104    102      86     110     105     100      94
    102      82     103     104      100    1I0       92     108     toN
    101      92      97     102      99     100
1914 -1-9----             5o   106      93      III    104     104     106
    108      85     106     104      103     102     103     112     100
    106     100      85     100     102     103
1918 -----       --     101     99     117     101     103     101      90
     89      89      96      98      104     100     120     104      98
    103      83      78     165      95     103
1916 -----       --    122     122     125     119     123     117     142
    151     103      98      99      117     117     128     120     102
    116     123     118     124      94     108
1917 -----       --     173    178     200     176     169     156     208
    197     113     116     113      124     176     217     173     125
    157     202     187     149     118     117
1918 -------           196     192     216     200     200     184     157
    210     173     112     114      13      200     226     202     112
    185     162     245     175     114     129
1919 -----       --    214     208     185     209     224     196     204
    254     172     107     112      145     209     231     206     173
    206     IN      247     200     104     140
1920 -Z~-----           03     200     211     173     226     219     299
    218     172     105     116      171     205     281     173     106
    223     249     248     194     106     170
1921 ----      ---     128     123     114     102     134     160     161
    215     119      85      89      188     116     112     108     148
    161     148     101     150      77     167
1922~-------           125     119     100     107     131     141     143
    178     123      86      90      164     124     105     113     134
    129     152     156     146      84     138
1923 -----       --    137     III     103      99     166     141     123
    116     121      92     III      147     135     114     106     148
    145     186     218     149      90     136
1924 -----       --    128     116     118     103     140     146     129
    127     130      86      93      139     134     129     109     134
    147     124     211     1S0      89     130
19251-----       --    144     138     133     133     150     160     154
    129     116      84      07      130     147     166     139     137
    161     160     177     154      95     124
1926 -----       --    151     162     114     1485     S 150   18     216
    128     119      99      98      125     136     129     148     136
    166     189     122     153      89     127
1927-----      5--     I4      142     121     136     167     144     183
    142     121     102     III      122     131     128     139     138
    141     186     128     151      87     119
1928 -----     5--     I6      143     130     145     170     153     140
    169     118     102     III      120     139     130     150     140
    150     146     162     163      9 1    117
1929 -15-----             5S   148     116     152     162     160     144
    177     114     102     107      119      138    121     156     140
    159     136     146     152      91     116
1930---   --   ---     129     130      96     129     129     124     170
    164      99      90      90      117      117    100     134     123
    126      168    102     144      8 1    116
1931---   --   ---       90     89      67      a6      9 1     95     107
     97      90      73      73      104       80      83      93      94
     96      98      63    124      66     106
1932 ------             66      63      56      56      70      80      87
     7 1     82      62      65       921      57      44      63      70
     80      7 1    48     107      63      89
1933 -----       --      70     84      88      53      76      70      82
     90      80 ---90-                     .--   ----         ----------
             ------           ------         73'
Jan------           63      85      44      43      7 1    93      60   
  59      73       62      70   .....…                       514SI
68    9go        59      45   102        so0  .--
Feb ---     --      58      63     44      48      64      60      s0   
  59      68      57      63   -....        49      34      53      62  
   67      57      44   101       49    .---
Mar.---             58      63     44      60      62      68   5   0   
  69g     70      58      62 -50--          s       36      568     59  
   54      60      48   109       50    .---
Apr.----            62     6 4     52      49      69      57      62   
  59      72      60      68   -....        53      47      57      59  
  66       66      49    101      52    .---
may --      --      70      83      66      60      77      656     8   
   6 9     77      89      756    -...       62     62      65      63  
   82      68      85    102       61    .---
June ----           71      61      66     59      S1      62      66   
  59      79      69      79   -....        64      83      86      6   5
  65      74      69     103      62   .---
July --     --      77      721     98      60     84      84      92   
 122      84      72      79    ....        76      94      66      71  
   67     103      84     107      71   ---
Aug.-----           78      76      85      66      81     80     145   
 122      87       70      72   ----        72      81      63      72  
   67     120      7 1    112      64   ---
Sept-----           78      73      85      68     82      69     116   
 122      88      67      7 1--      --     70      78      82      76  
   77     101      69     116      60    .---
Oct------           77      71      77     59      83      86      87   
 122      88      88      72    ----        70      68      63      79  
   94      86      7 1    116      60   ...
Nov.---     --      76     70      81      53      83      98      87   
 122      87      66      72 --      --     71      74      59      78  
  108      81      76     116      61......
194Dec --  --         68      83      78      44      74      82      87
    122      88      59      64 --     --      68     73      82      76
     95      83       77    116      593   .--
Jan   -       ~~~70    65      82      48     75      78       06    122
     87      60      64       -        70      75      55      73      82
     92      82     117      60....
Feb        -        79      73     84      58      85      75     108   
 122      00      66      71  :-   :        76      78      64      77  
   77     101       93    119      64    .---
Mar        -        79      72      83     57      87      74     104   
 122      92      66'     72'      80'      76      78      65      79  
   72     108      94     120'     63   ---
Apr. -------        769     70      83     58       83'     72     96   
 122       96      63'     699   ---        74      77      63      76  
   70     105       94     1209     62  -   --
'Prepared by the Bureau of Agricultural Economirs, United States Department
of Agriculture.
-Includes potatoes, tobacco, canning peas, and clover need.
'Includes dry beans, flax seed, bay, 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 boy.
~Average of estimated values, 1912-14 -103o.
'These index numbers aire based on retail prcspid by farmers for commodities
used in living and production, reported quarterly for March, June, September,
and December, revised.
Indexes for other months are interpolation     frs  hIe quarterly data.
'Purchasing power of the farmer's dollar expressed as the ratio of the index
of prices received to the revised loden of prices paid for commedities farmers
buy.         'Preliminary.
complridl    with   $1.08  in  March.     The
price declinei a t butter factories was
smaliller, thi   iivi-rag  p-ici   for April
tiiiiig  99 ceists, or : ( edlts below    the
M;irclh  aveiragi-.  Milk   sold   to  cheese
'.nitoilrivs  du'iting lF'elibruairy  birought 5
-ints  niori- 1)iir' hiindrsedweight    than
milk soild tii cr(aiiilerie5s. lIi Mairih the
moctioni. iii favro  of cheese wasi   6 cieiits
pie  hmimidri-dwi-ight.  The sharp cl'-il 1i,
in  hi   p iii-i  of  m ilk  fir  i-hi-i-si  w hichl
,ccurrdl in April has pliriticailly elimi-
inat-d the sli-i-ad   ishich  ixistied in the
twsoi,  ei-rlh-r  sio imihs.  IF'armiirs  Si  iill_'
n ilk  Ii  niulti-t  iiilk  i distrililtom  s  re-
-ivid  $1.:2i  pi-i  liiulndreildw  i-ighlt  ill  Alril
uS   iinmliami-il  \\wit  l  $1.41  ill  AM iril.  T lb-
April lo-iii  at ciideiSrsci.Ss \\'.IS $1.12, a
2 -cenXllt r'| t 1duc tio  fro l  1 A1 lla l l,h
The AMarch to April decline in milk
prices Wvts atccompaniiied by declining
values for some other Wisconsin farm
plrodilets. The Wisconsin faicm price
level declined to 76 percent of pre-
war from the 79 percent mark which
was maintained in Mlarch and l-, bru-
a ry.  Fa;lrm  prices (, livestock  wvere
slightly lower ol Aplril 15 than onl Miay
I5. Wisconsin graiin pliri'-es were firly
steldy during the 30-day period, but
prices of eggs anld potatoes iteclillet.
7silItelI Stllts I'Snrvn5 I'es ies
The United States level of farm prices
for April 15 was 74 percent of pre-
warl', two poilits oioter the Tlii¢y 15 livel
and two points lidel,-t the   \Visconsii
illdix fol MAL1. T he eillinlodit i s wlhicih
took thb  hulk of thfi decline ws-ri- live-
stork, dairy products, poultry products,
and fruits and vegetables, although
grain prices were slightly lower.
The index of retail prices paid by
fasrmers remained at 120 percent of
pre-war for April. \Vith retail prices
tibove iamid farim prices belowv the 19110-
1914 average, the exehaingei value of
far I producllts for the nsattio,, Is now
62 percent of pre-war. This is an ad-
vance (f li pliints from    a \eiim  igo,
but slightl-y Iowver thliaii the rait i fi-
F'ebruary and Malih. 'T'he extchtoge
valle, oif far>ii priiiduicts it) lWiseiils 1i
for April was 63 percent of pre-war,
a ii-clini of 3 pointts fiosn Mirih, i;
poilits above thi Pebrtloirs 193:1 liow  lllt
!J I   t y.   beow   the  peak   rf-lo (l i
Jtily.


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