Show t I t. t I p I i f 4 Buying Power of Hogs 4 r s. s 4 A Al Articles Farmers Buy Cost In Terms of Hogs HoO f too pounds each I l 1914 J l 1920 1920 4 1930 1 r iIi E a months r i I BASED on all the fair fali rata reU with prices e of things I farmers farmer bu buy bur ho boci hoil s d during daring the past dee a ian Lav DT had bid materially less h. purchasing purchasing pur chasing power than the they bad In th the war pre period In la IDS 1913 It took about eight bogs hoci to bo boy bay what hat three three hogs hogi bu buy boy In tn the period at as above abon la III all the years ean slice slat 21 excepting la is wk wileD when a there WM was 11 a temporary temporal reduce redne- ties la is hog bog supply the tile purchasing V- V I power r ot ut k byg gf I has been OB on a general down downward yard ard read In 1932 the th fair exchange value ulu ot or hogs boil p per pr r hundred hundredweight weight The prices prien ot or things farmers farmer buy averaged slightly above abort their prewar pre pr war Mar Ie lore level rei But the actual farm price of bogs bog In 10 was WAI only SI 47 per nl t. t or JUS below fair exchange e T value lae I Fair exchange value means meana the the war pre price for bogs bou only when o th the price of things farmers bU buy Is II at I tb tbt war prewar level It If the prices of ot things farmers farmer bU lay nome 4 double their war prewar level tileD then the lb lair faJr ex es chaug challi value ulu will be noble doable the prewar pre pr war price of hogs bogs The corn corn bog bog production adjust adjust- west meat program under the Agricultural Agricultural tural Adjustment Act seeks to tel rat raise hog bog prices price to the current fair exchange exchange ex eJ change value ulue This ma may be dun dUDe ty by bringing production Into Iota better balance balance bal bal- ance aoel with the most profitable demand demind de de- mand mind through a reduction redaction in It if ot of 25 S percent In bog bor production and It I percent la in corn acreage I |