WEEKLY MARKET REVIEW AND FARM OUTLOOK • 



By G-. L. Jordan 



Professor, Agricultural Econcmics mr -hK-f'^ • 



University of Illinois i r .. . . i 



College of Agriculture ^''^^ ' "^ 



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(Prepared September 11) ' ' 



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(Highlights of the Weekly Market Review and Farm Outlook are broadcast 

 each Friday from IS'Ag to 12:55 p.m., as part of the Illinois Farm Hou 

 Station WILL, 5^0 kilocycles.; 



Commodity Prices at Chicago 



* January butter 



Up to Friday there was a spectacular rise in wheat and rye 

 prices this week, Oats were strong and corn steady* Prices of hogs, 

 beef steers, butter, and eggs were steady. The bulge in prices was 

 caused by the President's radio talk. Friday morning the August 

 government crop report was published and indicated a record grain 

 harvest. Corn production is estimated to be in excess of 3 billion 

 bushels, and wheat production at S6l million bushels. Soybean 

 production is estimated at 211 million bushels., twice last year's 



