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UNITED STATES DEPARTMENT OF AGRICULTURE 
DEPARTMENT BULLETIN No. 1480 
Washington, D. C. V March, 1927 
RELIABILITY AND ADEQUACY 
OF FARM-PRICE DATA 
CHARLES F. SARLE, Economic Analyst 
Division of Crop and Livestock Estimates, Bureau of Agricultural Economics 
CONTENTS 
Page 
Purpose 1 
Description of Farm Prices 2 
History and Methods of Collecting Farm Prices S 
Averaging and Weighting Farm Prices 9 
The Analysis of the Farm-Price Sample -' . 20 
A Comparison of State Farm Prices f 43 
A Comparison of Farm Prices with Market Prices 47 
Utilization of Farm-Price Data 54 
Summary 64 
Literature Cited 65 
UNITED STATES 
GOVERNMENT PRINTING OFFICE 
WASHINGTON 
1927 
