.June. 1928J Marketing Live Broilers in New York 



19 



2 



u 

 q: 



a. 



30 



25 



15 



10 







^ 



5UN. MON. TUE. 



Fig. 10. — Percentage of weekly live broiler receipts on each day of the week from 

 January to May, inc]usi\-e, 1925. 1926 and 1927. 



at the average or most common price, and the poor 



ones may be dis- 

 counted. This market situation tends to discourage grading of broilers 

 or the production of high quality birds. 



This lack of discrimination in prices paid for live broilers of different 

 ciuality is to some extent the result of custom. There is a similar lack 

 of fine adjustment to supply and demand in the day to day movements 

 of price. During the early live broiler season price changes 

 follow the five and ten cent lines. In fact, there is usu- 

 ally a difference of five cents in the prices paid for broilers of various 

 grades from New Hampshire. Broilers sold at 40 cents, for example, 

 usually represent a difference in quality of 2^0 cents aboA-e and 21/^ be- 

 low. This is not strictly true, as some broilers are sold at one. two and 

 three cents premium above or discount below the quoted price. The 

 records obtained from 12 poultry dealers, however, indicate that very 

 few broilers from New Hampshire are sold at other than 5 cent differ- 

 ences in price from January to April each 3'ear as shown in Table 3. 



The daily price cjuotation from November 1. 1926, to Alay 30, 1927, 

 inclusive illustrates the relationship between prices for various 

 broiler types. During November, December, January and the 

 first part of February prices are quoted on chicken broilers or broil- 

 ers. On Febuary 9 prices were quoted on Red broilers and on Ply- 

 mouth Rock or Rock broilers. Quotations on Leghorn broilers did not 

 start until later in the season, on ]\Iarch 2oth. There is a very wide 

 range in the price quotations on Leghorn broilers, especially during 

 Alay. All of these main classifications of price quotations are also sub- 

 divided into numerous sub-classes. For example, on May 1, 1927, prices 

 were quoted on fancy and average Leghorn broilers, fancy, average, 

 and poor Red broilers, Delaware and Maryland grade, average and 

 poor Rock broilers. 



These price quotations furnish the basis for buying and selling on 

 the New York market. Dealers usually sell at the market quotations 



