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The effectiveness with which the price-making process functions is of major significance inthe marketing of farm products. As developments cause changes in location of trading,number and kinds of buyers and sellers, or other attributes of market structure, their importanceto the economy calls for careful analysis to learn what effects they may have on prices and onthe process of price determination. In several commodity markets in recent years questionshave arisen concerning the adequacy and rapidity with which supply and demand changeswere reflected in prevailing prices in those markets. This paper reports part of a study undertakento learn how prices for eggs are made in a particular market, and the ways by which thepricing process is influenced by such changes as the declining importance of central marketsas pricing centers. It examines the pricing of eggs in New York City, together with the significanceof New York City prices in interior and other markets. It then attempts to suggestways by which observed pricing difficulties or shortcomings may be moderated or overcome.

Subject(s): Demand and Price Analysis

Livestock Production/Industries

Issue Date: 1956-10

Publication Type: Journal Article

PURL Identifier: Published in: Agricultural Economics Research, Volume 08, Number 4 Page range: 109-118

Total Pages: 11

Record appears in: United States Department of Agriculture (USDA) > Economic Research Service > Agricultural Economics Research

Autor: Pritchard, Norris T. ; Gerald, John O.


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