June, 1928] jMarketing Live Broilers ix Xeav York 5 



The next year the price quotations indicate that the first receipts 

 ■svere on ^larch 2. or 20 days earlier than in 1921. The price, however, 

 opened at 75 cents per pound, or 25 cents lower than the previous year. 

 While there was an increase during the next two weeks, quoted prices 

 only reached $1.00 during one week and then declined rapidly. 



In 1923. the first spring broilers apparently reached the New York 

 market on February 23. or 7 days earlier than in 1922 and 27 days 

 earlier than in 1921. While the opening price was 85 cents per pound 

 or 10 cents higher than in 1922, the average was considerably lower 

 than in the previous year. 



There was a further decline in the opening and average price quota- 

 tions on early broilers during 1924. Apparently the prices received 

 during each of these early years were very profitable to producers, with 

 a resulting increase in production. Since it is not likely that the de- 



"6 13 £0 27 3 JO 17 E4 1 8 15 K £9 e U a) n 3 10 17 £4 3 10 17 *) 31 7. 14 21 ZB 5 1£ 19 £6 £ 9 ID £3 30 7 14 £1 £8 4 11 18 £5 



Oct Nov. Dec Jan Feb Maf? Apr M/Ay June July Aug. 



8 B£££9 



Sept 



Fig. 2. — Live broiler price quotation.s on Xew York market from Oct. 1924 to 

 May 1928. inclusive. Top quotation on each Thursday of "colored broil- 

 ers", '"broilers" or '"chicken broilers"'. (Source — New York Producers" 

 Price Current). 



mand has been decreasing, the decline in price was without doubt caused 

 by increasing supplies of live broilers during the winter and spring 

 months. 



It is interesting to note that, in spite of the wide variation in opening 

 price of sj^ring broilers during the four years shown in Figure 1, the 

 price by the first week in June was very nearly the same each year. 

 The quoted price of express fowl also remained fairly constant at around 

 30 cents per pound during the early live broiler season in 1922, '23 and 

 '24, although this class of fowl was selling around 40 cents during the 

 same season in 1921. 



During the last four seasons from 1925 to 1928, inclusive, it is diffi- 

 cult to determine the opening price of winter broilers. The general 

 upward trend from November to March and April, followed by a 

 downward trend to August is, however, clearly indicated in Figure 2. 



