Pricing Butcher Hogs At Illinois Country Markets

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Pricing Butcher Hogs At Illinois Country Markets
Emer Elwood Broadbent
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03* -3. 89* -2. 59 -5. 36* -12. 74* -8. 34* -12. 82* -3. 52* base 2 1 -12 -3 -6 1 15 03 -3. 73 28 -. 71 77 -. 37 70 -. 94 - base period 63* -6. 94* 79* -6. 74* 63* -1. 30 03 - . 28 34* -. 85 -1. 49 5. 99 -5. 04* 2. 20 9. 08* -2. 96 8. 81* 0. 97 -2 1 4 3 49 66 15 97 b 6 -4 1 -5 07 28 20 08 -6. 84* -6. 04 -3. 66 -2. 30 Wednesday Friday Observation period September '59. . December '59 .. February '60. . . June '60 - -4. 80* -21. 21* -3. 40* -12. 46* -6. 59* -7. 52 -7. 50* -. 41 13. 93* -. 40 base ...-28. 38* -27. 85* -7. 11* -3 -8 13 14 36 03 06* 65 08* -11. 24* -7. 31* -12. 35* -10. 35* 19. 35* September '60. . Country organization * Price differences that were statistically significant.
* These results were not derived from a single equation. Interpretation is found in the text. See appendix tables for summary of analysis.
b Data are not available for Organization 6 for the first two periods. C In this category the comparisons are with Organization 1.
with few marketing points, or smaller individual markets owned by different agencies that were grouped together because of similar char- acteristics, tended to price hogs about 15 cents higher than the larger country buying organizations.


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