OCR Text |
Show TREND OF PRICES OF FARM PRODUCTS; According to the department of agri-cuture's agri-cuture's Bureau of Crop Estimates, the level of prices paid to producers of the ; United States for the principal crops increased about 11 2 per cent during January; in the past seven years the price levei has increased during January about 2.1 per cent. From January 1 to- February 1 the price of wheat increased 21 per cent, corn 11 per cent, oats 11 per cent, barley 16 per cent, rye 12 per cent, buckwheat 7 per cent, potatoes 1 percent, flaxseed 21 per cent, hay 4 per cent, cotton 12 percen', chickens 3 per cent; butter declined 3 per cent and eggs declined 8 per cent. On FeDruary 1 the index figure of crop prices was about 6.4 per cent higher high-er than a year ago, 24.8 per cent higher than two years ago, and 11.1 per cent higher than the average of the past seven years on February 1. The level of prices paid to producers of the United States for meat animals decreased 0.6 per cent during the month from December 15 to January 15. This compares with an average .ncrease from December 15 to January 15 in the past four years of 1.8 per cent. On January 15 the average (weighted) (weight-ed) price of meat animals hogs, cattle, sheep arid chickens was $6.57 per 100 pounds, which compares with $7.05 a year ag0 $6.40 two years ago, $5.44 three years ago, $6.40 four years ago, and $6.67 five years ago. |