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Marketing and Transportation Situation, Vol. 198: August 1975 (Classic Reprint): August 1975 (Classic Reprint)

Marketing and Transportation Situation, Vol. 198: August 1975 (Classic Reprint): August 1975 (Classic Reprint)

          
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About the Book

Excerpt from Marketing and Transportation Situation, Vol. 198: August 1975

Farm-retail spreads are expected to widen in the third quarter as retail food prices rise. The increase is expected as marketing firms adjust their margins, particularly for meat item s, to reflect high er farm and wholesale prices and increased operating costs. Spreads registered the first significant decrease in almost 4 years in the second quarter of this year. For the year, marketing spreads for assembling, processing, transporting, and distributing a market basket of foods from us. Farms may average around 10 percent above 1974. This compares with the increase of 20 percent from 1973 to 1974.

Retail food prices are expected to rise in the third quarter due to both higher farm prices, mainly for livestock products, as well as wider price spreads to cover higher marketing and processing costs. However, prospects for larger crops and increased output of beef and poultry should moderate upward pressure on retail food prices.

The retail cost of a market basket of foods produced on us. Farms averaged (annual rate) in the second quarter of 1975, up percent from the previous quarter. Sharp price hikes for beef, pork, fresh fruits, and potatoes accounted for the rise. In contrast, prices for eggs, oilseed products, and sugar dropped sharply while prices for other farm foods changed little.

Gross returns to farmers (farm value of the standard market basket of farm commodities equivalent to retail units) averaged $766 (annual rate) in the second quarter of 1975, up 6 percent from the previous quarter. This increase reflected substantially higher farm prices for meat animals and potatoes. The farm value for market basket foods increased each month from March through June as short supplies pushed up prices, particularly of livestock and poultry. Returns continued to rise in July and for the third quarter are expected to average 16 percent above a year earlier. Returns for meat animals and poultry will be up sharply from distressed levels in mid-197 4. In contrast, returns for wheat and other farm ingredients in bakery and cereal products, oilseeds, and sugar may be significantly lower than a year ago.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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Product Details
  • ISBN-13: 9780428609740
  • Publisher: Forgotten Books
  • Publisher Imprint: Forgotten Books
  • Language: English
  • ISBN-10: 0428609740
  • Publisher Date: 05 Dec 2018
  • Binding: Hardback


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