The Relationship Between Central Market Egg Reports and Producer Prices in Selected North Central States (Classic Reprint)

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Excerpt from The Relationship Between Central Market Egg Reports and Producer Prices in Selected North Central StatesPrior to 1940, the typical movement of surplus eggs was through the larger central markets. Eggs not consumed by the local population were assembled at country points and shipped to wholesale dealers in these markets. Jobbers, dealers, chain stores, and dairies, bargaining with the wholesalers, procured a sufficient quantity of these eggs to supply the needs of the population center associated with the market. The remainder of the eggs were moved into market channels in the east, south, and west.Prices established through the supply-and-demand forces at work within the central market provided a basis for establishing paying prices at country points servicing the market. Since most country dealers were selling to wholesalers in the central markets, the prices which they paid for eggs could not vary widely from the wholesale buying price at the market. If the country buyers' paying prices were too high relative to the central market price, they chanced a loss when they sold the eggs. If their paying prices were too low, local competitors would buy the producers' eggs and ship them to the central market. Dealers at country points reportedly paid producers the wholesale buying price at the central market less a charge to cover transportation to the market and a margin to cover their costs and services.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.