. Geographical phases of farm prices : corn. ucky 91 109 Alabama 173 182 West South Central: 195 Texas 159 43 746249697657 5093 66 113 195163129182200150 128 238 150 Mountain: Montana 7282 185210 Utah 747084 787272 88*99 190179215 200185185 63 61 6275 65 585757 137 133135163 171 153150150 Pacific: Washington Oregon 200 225 i Five-year average 1882-1886 used, because of availability of statistics for a larger number of Statesbeginning Values reduced to gold basis. Prices are based upon shelled corn, at 56 pounds per bushel. 34 BULLETIN 696, U. S. DEPARTMENT OF AGRICULTURE. THE DISPARITY
. Geographical phases of farm prices : corn. ucky 91 109 Alabama 173 182 West South Central: 195 Texas 159 43 746249697657 5093 66 113 195163129182200150 128 238 150 Mountain: Montana 7282 185210 Utah 747084 787272 88*99 190179215 200185185 63 61 6275 65 585757 137 133135163 171 153150150 Pacific: Washington Oregon 200 225 i Five-year average 1882-1886 used, because of availability of statistics for a larger number of Statesbeginning Values reduced to gold basis. Prices are based upon shelled corn, at 56 pounds per bushel. 34 BULLETIN 696, U. S. DEPARTMENT OF AGRICULTURE. THE DISPARITY IN PRICES OF CORN, WHEAT, AND OATS DECREASING. As the price of one cereal affects that of the others to a considerabledegree, their relationship is suggestive. The difference between cornand wheat prices has been steadily diminishing. At the beginning(1871-1875) the average farm price of wheat in the United Stateson December 1 was 58 cents more than that of corn (wheat $,corn 44 cents) ; at the end onlv 27 cents (wheat 87 cents, corn 60. /?//7=£-/?£WC£& &&? &t/S//£/i. v*/o ^ &<?&FZ0ft/ CO/?// 2/? Oy£y?0^75- 2/<? tt/ax/ co/av Fig. 7.—Course of farm prices of wheat, corn, and oats, showing lessening differences. cents), the average wheat price dropping from two and one-thirdtimes that of corn to only about one and one-half times. But as theprice of oats has not increased as rapidly, the disparity between cornand oats has increased, between wheat and oats has narrowed; wheathas dropped from about three times the price of oats to a little overtwice its level. GEOGKAPHICAL PHASES OF FARM PEICES : CORN. 35 Another element which should be taken into consideration is thelarger yield in bushels to the acre of corn and oats compared withwheat. Figure 7 refers to the general level (the average for the United. States). When the trend of farm prices of corn, wheat, and oats iscompared for each State or section, it appears that in some thetendency pointed out is more marked,
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Keywords: ., bookcentury1900, bookdecade1910, bookpublisherwa, booksubjectcorn
