OCR Text |
Show Wheat Prices of the Past. ' During the last ten years the highest average price paid to producers for wheat was the June 1 prlre, J 9 1 7. practically $2.49 per bushel. Up to the present time the price has ranged between a minimum of 76 cents, paid in December, 191-, to the above maximum. The price has been mounting steadily, but never has such a high level been reached and maintained a-s since the outbreak out-break of the war. The farm price went as high as SI. 23 a bushel in .lune, 1900, receding, till it again took an upward curve in 191o. reaching practically $1. 30, to 91 and a fraction cents in December of that year. The average price has not gone below that mark since December, 1915. Wheat opened at 51.02 and a fraction in 191S, falling to 93 cents in July, and closing the year with a new high price of $1.60 and a fraction. The average yearly price of No. 1 northern spring wheat in the Chicago market during the years from x.-08 to 1916 was ?1.6 per bushel, ranging between be-tween J1 cents in 1913 and $2.37 in 1917. During the same period the average yearly year-ly price paid to producers was $1.07 per bushel, ranging from 79 cents in 1913 and ?2 in 1917. New. York Evening Post. |