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»• y^^ WEEKLY MAHKET REVIEW AND FARM OUTLOOK ^^CF,x/^-rv 



By G-. L. Jordan '• Ov 8 YW 

 Professor, Agricultural Economics ^ ' 



University of Illinois "iv^^^ '^•-r,« 

 College of Agriculture 



(Prepared November 6) VHMifcw..^ •. 

 Commodity Prices at Chicago 



• 



The above table indicates the changes in prices of principal 

 Illinois farm products, both cash and futures, during the past week 

 ending Wednesday. I have been informed that farm advisers and other 

 users of the Weekly Market Review and Farm Outlook have put an interpre- 

 tation upon my statement of sensitive commodity price trends which was 

 not intended and which would lead to false conclusions. 



In the September \ and September 11 issues of the review, I 

 indicated that the three trends — longer-time trend, intermediate trend, 

 and short-time trend — represented what had taken place. Yet, I under- 

 stand that they are being interpreted as my forecast of future prices. 

 That is far from being the case. For example, this week the longer- 

 time trend is still downward; the intermediate trend is still downward; 



