

weekly: market review and farm outlook 



By Cx. L, Jordan 

 Professor, Agricultural Economics 

 College of Agriculture 

 University of Illinois 



(Prepared January 2) 



Commodity Prices at Chicago 



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RECEIVED 



JAN 3 1942 



0£AN-« orric* 



Except for hogs, prices of farm products were steady to 

 slightly higher during the past week. Wheat prices fluctuated over a 

 very narrow range. Cash corn rose one to twa cents a bushel, and 

 futures rose three-fourths cent. Cash oats gained one cent, and futures 

 were steady • The most substantial gain in grain prices was in soybeans, 

 with a rise of about two cents in both cash and futures markets. Butter 

 prices were steady to a little higher in the cash market, but slightly 

 weaker in the futures markets. Eggs at Chicago were steady to slightly 

 higher, but on the Yorkville auction they were down about one cent for 

 the better grades, and two and one-half cents for the lower grades. 

 Prices for hogs were thirty cents below the previous week, but top 

 prices for choice and prime steers were unchanged. 



