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New Index Numbers of Farm Marketings and Home Consumption

Author

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  • Grove, Ernest W.
  • Cannon, Margaret F.

Abstract

Excerpt from report: This report presents a new index of the volume of farm marketings and home consumption. It provides for the first time a complete set of subindexes in this new series. And it gives detailed weight-period data on prices, quantities, and values underlying the index numbers. The new index was designed as a summary measure of changes in the quantities included in the commodity elements of realized gross farm income. It covers all commodities included in gross farm income except those few that are estimated on a value basis and for which no quantity information is available. It includes quantities of farm products sold by farmers and also quantities consumed directly in farm households on farms where grown. These are usually referred to collectively as "home consumption."

Suggested Citation

  • Grove, Ernest W. & Cannon, Margaret F., 1956. "New Index Numbers of Farm Marketings and Home Consumption," Miscellaneous Publications 305837, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:305837
    DOI: 10.22004/ag.econ.305837
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