THE SEASONALITY OF PRICES RECEIVED AND PRICES PAID BY THE UNITED STATES FARMERS
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Seasonal indices represent the percentages that the prices for a particular month are of the yearly average price when the effects of major changes in demand, and year-to-year changes in supply are eliminated. The indices represent general tendencies in prices; they do not indicate what actual prices will be in certain periods. This paper is concerned with the analysis of the seasonality of prices received and paid by farmers between 1945 and 1965.