Consigning eggs or any other produce to commission men, without a
definite understanding, will always be, as it always has been, a
source of dissatisfaction and loss. There is a great opportunity
here for the man who can organize a system that shall do away with
commission houses, other intermediate steps, and form the single
step from producer to consumer. Some people say that farmers cannot
be dealt with in this manner. Such people would probably have said
as much about general merchandising before the days of the mail
order houses.
It is all a matter of efficient organization. A system of business
fitted to deal in carload lots will, of course, fail when dealing
with half cases. It is more difficult to deal in little things than
in big ones because the margin is closer, but it can and will be
done.
The Price of Eggs.
We will consider the price of all eggs from the quotation of Western
firsts in the New York market. The reason for this is evident. Every
egg raised east of Colorado is in line for shipment to New York. If
other towns get eggs they must pay sufficiently to keep them from
going to New York.
In pricing eggs we have first to consider the price of Western
firsts in New York and secondly the quality relation of the
particular grade to Western firsts and the consequent relation in
price.
The price of eggs varies with the price of other commodities as the
periods of prosperity and adversity follow one another through the
years.
As is well known, all prices in the '90's passed through a period of
depression. For eggs this reached a base in 1897. Since then there
has been a gradual climb till this realized a high point in 1904,
remained high till 1907. In the spring of 1908 egg prices dropped
again, but the fall prices of 1908 were exceptionally high. As this
work goes to press (May, 1909) eggs are going into storage at the
highest May price on record.
The prices of eggs also vary independently of other commodities
because of a gradual changing relation between production and
consumption. As stated in the first chapter the prices of poultry
products have shown a general rise when compared with other
articles. This has been most marked since 1900. As for the future we
cannot prophesy save to say that there is nothing in sight to lead
us to believe that we will not go still higher in egg prices.
A third variation in the price of eggs is the one caused by the
seasonal relation of production and consumption. This change is from
year to year fairly constant. Its normal may be seen in the
scientifically smoothed curve in plate IV. This curve is based upon
the New York prices for the last eighteen years.
In addition to these broader influences there are disturbing
tendencies that cause the market to fluctuate back and forth across
the line where the more general influences would place it.
Public-domain text, read in full here on John Shaqi.
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