Wheat and Flax Prices Received by Farmers in North Central and North Eastern South Dakota, 1890 - 1940

Abstract

IntroductionThis circular is the first of a series intended to present in a simple and objective manner the prices farmers have received for their more important products over a 50-year period, the crop years of 1809 through 1939. An interpretation of the significance of the price data will also be presented.The purpose in issuing this series of circulars is threefold:1. To supply agricultural planning groups with price data, because agricultural planning, be it local, state, or federal, should profit from a long-time knowledge of the prices of principles livestock and grain crops by areas.2. To analyze briefly these price data and show their effect upon the South Dakota farmer.3. To aid the farmer in deciding whether to store or sell cash grain crops at harvest time.It is hoped that by the presentation of these facts action agencies and planning groups will be better equipped to study and analyze the price problems confronting the farmer and arrive at a satisfactory solution to those problems