UNITED STATES DEPARTMENT OF AGRICULTURE 

 BULLETIN No. 999 



Contribution from the Bureau of Markets and Crop Estimates 

 H. C. TAYLOR, Chief 



Washington, D. C. 



August 26, 1921 



PRICES OF FARM PRODUCTS IN THE 

 UNITED STATES 



By 



G. F. WARREN 



CONTENTS 



Rise and Fall in Prices During Three War 



Periods 1 



Money and Prices 5 



Relation of Weather to Production ... 6 



Periods of Over and Under Production . . 7 



Relation of Wages and Farm Prices ... 10 

 Wholesale Prices of Farm Products 

 During the Civil War and World War 



Periods 12 



Prices Paid to Farmers 14 



Comparison of Farm Prices with Prices 

 of Some Other Basic Commodities and 



with Freight Rates . . 16 



Comparison of Farm and W holesale Prices 1 7 



Purchasing Power of Farm Products ... 19 



Purchasing Power per Acre 20 



Effects on Industry 22 



What Can be Done 22 



Summary 25 



Tables 27 



WASHINGTON 

 GOVERNMENT PRINTING OFFICE 



1921 



