Devils Lake weekly world. (Devils Lake, N.D.) 1911-1914, 1911-09-29
WISCONSIN "Un EXPERT IS AU.
THOR OF BULLETIN ADVIS-
ING KEEPING EYE ON
FUTURE,

farm PRODUCES ana farm management
bear and intimate relation, and the
farmer must understand the trend of
prices in order to produce product
which will suit the future market
This conclusion is set forth in a bull
letin of the agricultural experiment
station just written by H. G. Taylor Of
the Wisconsin college of agriculture,
entitled "The Prices Of Farm Pro
ducts.'
The prices of farm products he says
are prime factors in determining the
prosperity Of the farmer. The study
of the market should begin with a
study of the various causes which tend
to raise or lower prices. Fluctuations
in values from year to year are caused
by changes in the quantity produced
or the quantity demanded. The prices
for products of standard quality change
less than for products of uncertain
quality.
"The choice of crops shoul be de-
termined by the probable price of each
at the time it is to be marketed,' the
author says. "Costs vary with natur
al conditions and with the efficiency
Of the farmer. Changes in the type
Of farming are often necessary to
meet changes in prices. The intensity
Of culture is closely related to the
price for which the product can be
sold. High prices for products increase
land values, which in turn, make more
extensive culture profitable.
Examples are Cited.
"The supply and price of eggs will
illustrate many OF the forces which
influence prices. This product is pro-
duced in irregular supply, egg produc-
ton being greater during the spring
months and INCREASING rapidly until
the end Of winter. The storage of
eggs carried over a part Of the sur
plus of the period of great supply to a
time when eggs are scarce and prices
age is an economy for all concerned.
The supply and price of butter bear
similar relation, the supply being
greater during May, June and July
and least in mid-winter when prizes
are usually highest. The storage Of
butter aids in preserving the surplus
of the period of abundance for the
period Of scarcity. The demand for
butter is fairly stable, and when prop
erly stored there is a decided economic
gain in carrying over the surplus I'M
til it is needed
Potato Demand Stable.
"The supply and price of potatoes
is very irregular from year to year
but the demand is quite stabe. The
yield varies from year to year, due to
varying weather and crop conditions,
but the surplus Of one year cannot be
successfully carried over to another
year.
"The supply and price of corn varies
from year to year on account OF
changes in acreage and yield. The
weather has very important bearing
on this crop. The price Of corn is in
1uenced by the demand for corn to b
fed to livestock on the farms where
the corn is grown. This demand TO-
feding PURPOSES varies with the rela
tive price of corn and Of hogs AM
beef.
Should Study Market News.
Farmers should study market con
ditions by reading government reports
daily market reports in the newspa
pers and special market reports in tn
agricultural press. Farmers should dc
mand more than they are gettig frol
the government on the subject Of maj
kets. The government should hav
specialists gathering information re
garding the Forthcoming supply Of tn
various classes Of farm product
throughout the territory with whic
the American farmers compete, and
should get this information to tn
farmers with the same dispatch tina
the weather reports are sent. TIL
would give information to the farme
at the same time it is secured by til
buyers on the central market.''