Farm-Retail Price Spreads for Cotton Products (Classic Reprint)
Excerpt from Farm-Retail Price Spreads for Cotton Products The spread between the retail cost of a group of 25 cotton products and the farm value of cotton required for manufacture of these products has remained fairly stable since This is in contrast to farm-retail price spreads for food and tobacco products, which generally moved upward in the period 1947-57. The 1957 annual average retail cost, farm value, and spread for the cotton products were the same as the 1947-49 averages. During an earlier period, 1940-47, each of the three averages rose sharply, with farm value increasing by a greater percentage than retail cost. However, the farm value of the cotton is a small part of the retail cost of the products. As a result, the percentage increase in the spread between retail cost and farm value was only Slightly less than the increase in retail cost. The farmer's share (farm value as a percentage of retail cost) varies among products, depending on the amount of workmanship in relation to the quantity of cotton used. Annual averages for 1 year shown in this report ranged from 5 percent for girls' dresses to 31 percent for sheets. The farmer's share for the group of 25 products averaged 15 percent in 1947-49, compared with 11 percent in the prewar years, 1935-39. The highest annual average farmer's share for the entire period, 1935-57, was 18 percent in 1951 and 1952. Business shirts, work shirts, and sheets are typical items for which farmer's shares differ because value added by manufacture and distribution differs in relation to the quantity of cotton required for manufacture. For each of the 3 products the farm value of cotton has increased in relation to retail price since 1939, as shown by the increase in the farmer's share. 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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