. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. THE RELATION OF 1935-1939 AVERAGE ILLINOIS FARM PBICES TO JUNE 15, 19i;5, TRICES June, 19^5 = 100 1955-1959 Illinois farm prices as per- centage of June, 19^5. Com ^ogs,veal calves, ^ eggs, milk, chickens, Wool Lambs Barley, beef cat- tle, butterfat •Wheat •Hay heep Oats, milk cows Soybeans Apples, potatoes The above chart shows what would happen to prices if they should drop to the prewar 1935-1939 averages. Even if they remained 25 percent above the 1935-1939 av- erages, there w
. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. THE RELATION OF 1935-1939 AVERAGE ILLINOIS FARM PBICES TO JUNE 15, 19i;5, TRICES June, 19^5 = 100 1955-1959 Illinois farm prices as per- centage of June, 19^5. Com ^ogs,veal calves, ^ eggs, milk, chickens, Wool Lambs Barley, beef cat- tle, butterfat •Wheat •Hay heep Oats, milk cows Soybeans Apples, potatoes The above chart shows what would happen to prices if they should drop to the prewar 1935-1939 averages. Even if they remained 25 percent above the 1935-1939 av- erages, there would be quite a decline in prices of many farm products--the right-hand side would be raised 10 to 15 points. Apples and potatoes are farthest out of llne--partly a seasonal matter. Soy- beans, oats and milk cows are far too high in price in relation to the longer time out- look. Corn prices have risen least, but a 39 percent decline to a yearly average of 66 cents would be severe enough. Last week we listed June 15 U. S. farm prices as percentages of parity. The above comparison is much more realistic because of the remoteness of the base used in computing parity prices. The same relationship between prices of individual products will not prevail after the war as in 1935-1959> but the changes are likely zl oe rela- tively small, 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; University of Illinois (Urbana-Champaign campus). Dept. of Agricultural Economics; University of Illinois (Urbana-Champaign campus). Extension Service in Agriculture and Home Economics; University of Illinois (Urbana-Champaign campus). Cooperative Extension Service. Urbana, Cooperative Extension Service, Universit
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