. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. VEEKLX KAHiiET REVIEW AND PARI-: OUTLOOK a^^ ^ By 3-. L. Jordan " - Professor, Agricultural Economics University of Jllinois College of Agriculture. < 11*. -?' (Prepared April 17) L*...:: •• (Kighli^^hts of the Weekly Market Review and Farm Outlook are each Friday from 12*A^ to 12:55 , as part of the Illinois Farm Hou Station I'JILL, 5gO kilocycles.) Commodity Prices at Chicago Cash May futures (close) Thursday A-oril 16, 19^2 V;eel-: ago Thursday Week a
. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. VEEKLX KAHiiET REVIEW AND PARI-: OUTLOOK a^^ ^ By 3-. L. Jordan " - Professor, Agricultural Economics University of Jllinois College of Agriculture. < 11*. -?' (Prepared April 17) L*...:: •• (Kighli^^hts of the Weekly Market Review and Farm Outlook are each Friday from 12*A^ to 12:55 , as part of the Illinois Farm Hou Station I'JILL, 5gO kilocycles.) Commodity Prices at Chicago Cash May futures (close) Thursday A-oril 16, 19^2 V;eel-: ago Thursday Week ago V/heat No. 2 soft red printer) Corn (No. ^ yellow, new) Cats (No. 2 white) Soybeans (No. 3 yellovx) Butter (90-91 score) Eggs (current receipts) Hogs (top price) Cattle (top price) Hog-corn ratio, Chicago April 11 i 5/g 3A . . .564--. 56 3A .5^-. 5^* l*72t-i.^3 .37 .29 1^.25 .27 14,50 .g6 .55 3/2 .3^60 (Nov.) .33^0 (Oct.) .gg 3A .56 5/S 3A .3265 (Oct.) All grains were weak this past week as the result of unfavor- able war developments, particularly the restoration of Laval to pov;er in France. On the other hand, prices of all livestock products were higher, Kogs made a new high Wednesday at Sl^.65 and choice steers made a new high at $17» Butter and egg prices were strong. The hog-corn ratio is very favorable to feeders. Anti-inflation talk by the administration ^t was countered by proposals of congressmen to revise the concept of parity to include the cost of farm labor. No further serious declines in prices of farm products, other than usual seasonal changes, are nov; Please note that these images are extracted from scanned page images that may have been digitally enhanced for readability - coloration and appearance of these illustrations may not perfectly resemble the original University of Illinois at Urbana-Champaign. Cooperative Extension Service in Agriculture and Home Economics; U
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