| Show 1 r Prices Belter Better t urn fm Aces The index says W. W Preston Thomas of oC farm prices in Utah for April averaged SG SC per cent of the 1910 14 avera average e as compared pared to an index of 63 a year ago ago an an increase of 37 p por pr 1 cent There Thore are a number I of ot farm commodities that have I shown no price during the year The rhe major increases havo have been In lambo wool wheat and feed eed grains The retail price price pric index for Tor goods purchased by farmers as published published pub pub- by y the United States Department Depart Dopart- ment of Agriculture was for April as compared to an index of 86 for farm products Farm prices in Utah are arc therefore only 72 percent per percent percent cent of retail prices In other words farm products have an exchange value of 72 cents on the dollar The purchasing power of the Utah titan farm larm dollar for April 1933 was cents Because of the difference e ill iii price ratios between agricultural nl and tn nonagricultural nonagricultural non- non agricultural products agriculture figuratively speaking was shortchanged short short- changed 2 28 cents on each do dollar lar in April 1934 as compared to 17 7 7 c cents a 3 year rear ago The Improvement m to purchasing power of agri agricultural products must be secured if agriculture agri agri- culture l is to tn again pro prop pi p.- |
