OCR Text |
Show Prices of Cheese Hold Higher Than 1935 Average Prices of cheese during first nine months of this year have averaged av-eraged higher than during the same period a year ago, figures compiled by the U. S. Department of Agriculture indicate, says A. G. Kilburn, County Agent. Uunder the reciprocal trade agree ment with Canada, which went into effect January 1, 1936, cheddar cheese in original loaves r.tw is admitted into the United States I upon payment of an import duty of five cents per pound. This new import rate is the same as prevailed pre-vailed prior to 1930 and represents1 a cut in duty of 2 cents a pound ' at the time it went into effect. I The average price of twins at I wholesale on the Wisconsin cheese 'exchange during the first nine months cf this year was 15.08 cents per pound compared with 13.98 cents per pound in the same period of 1935, and an average of 10 cents per poir d for the year 1932. j The average price for the first nine months this year has been 1 1-10-cents per pound more than for the siame period last year. The September price this year averaged 1 3.15 cents per pound higher than . I last year. Following the usual seasonal ,' price trend, the price of twins declined de-clined this year from' 16.1 cents per pound iir "January to 14.2 cent" per pof id in February, 13.9 in March, 13 in April, and: 12.8 cents in May. the low point for the year. The price increased to 14.2 cents per pound in June, 16.6 cents in July 17.8 in August, ar.d averaged 17.25 cents per pound for September. This year's price trend compares with 14.1 cents per pouna in January oi 1935, and a low p.int of 12 3 cents in June of la;t year. The price averaged 14.1 cents per pound for September 1935. The seasonal variation in cheese prices, which in 1936 was not as marked as in 1935, is influenced by the rise in prcduotion which takes place in the rpring months as cows freshen, animals are turned out on pasture, and milk production increases. |