Outlines of Agricultural Economics; a Class-Book of Questions And Problems
Outlines of Agricultural Economics; a Class-Book of Questions And Problems
Edwin Griswold Nourse
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The market- ing of oranges and bananas is extensively organized — the former by co-operative associations, the latter by a trust." Should we look to organizations like the United Fruit Company to reduce marketing costs in the future ? Have the meat-packers reduced costs ? 12. "A conspicuous feature of the American grain market is the existence of a large * visible supply' during the greater portion of the year." Exchange reports from day to day record the increase or decrease of this visible su...pply and make comparisons with conditions of previous years. Competitive dealing in the light of this informa- tion tends to eliminate large profits to middlemen. "On the other hand, products such as fruits and vegetables, where no storable supply exists, because of their perishable nature, have shown but a slow tendency to get rid of the more expensive methods of distribution." Explain the two propositions here laid down. Can you show that the organization of the produce trade today is such as to make pos- sible the securing of fairly reliable information as to the visible supply of even perishable commodities ?
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