. Yearbook of agriculture . ounds the first week in .January, theaverage price of good beef cattle remained between $8 and $9 duringmost of the summer and declined to $ the last week in normal .seasonal trend, as shown by the averages for the periods1911—1915 and 1916-1921, is a gradual rise in price through the spring andsummer months, followed by a corresponding descent during the late autumnand winter. that month was $, which was $ above the low pointof $ in December, 1904, or an increase of nearly 274per cent. Between October, 1919, and May, 1920, a bad break
. Yearbook of agriculture . ounds the first week in .January, theaverage price of good beef cattle remained between $8 and $9 duringmost of the summer and declined to $ the last week in normal .seasonal trend, as shown by the averages for the periods1911—1915 and 1916-1921, is a gradual rise in price through the spring andsummer months, followed by a corresponding descent during the late autumnand winter. that month was $, which was $ above the low pointof $ in December, 1904, or an increase of nearly 274per cent. Between October, 1919, and May, 1920, a bad break oc-curred, the net decline for the eight months period amount-ing to api)ioximately $4 per 100 pounds. There was a quickrecovery during the next month, however, which carried themarket up nearly $3. In September, 1920, liquidation beganin earnest; and with only slight recoveries intervening, themarket ccmtinued downward to the end of 1921. Duringthat 16 months period monthly average prices broke from Our Beef Supply. 295. 296 Yearbook of the Department of Agriculture^ 19^1. $ to $, a decline of $, or more than 50 per decline in weekly average prices amounted to $ per100 pounds, or nearly 59 per cent. Prices at public markets show seasonal fluctuations, just asreceipts do. While general price levels vary from yearto year, the upward and downward swings occur, onthe average, at about the same season of the year. Thereis, of course, a rather close correlation between these priceswings ana variations in available supplies. Using weeklyaverage prices for two five-year periods, 1911-1915 and 1916-1921 (Fig. 56), it is found that good beef-cattle prices areusually highest in August and September and lowest inDecember, January, or February. Cattle Prices Expressed in Corn and Purchasing Power. There are various ways of expressing values other than interms of money. Because corn is such an important factorin the production of beef the price of beef cattle ma
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Keywords: ., bookcentury1800, bookdecade1890, booksubjectagriculture, bookyear
