Evening Republican, Volume 21, Number 184, Rensselaer, Jasper County, 21 August 1917 — Price of Grain is Coming Down. [ARTICLE]

Price of Grain is Coming Down.

Monticello Journal. Wheat is gradually falling to the price which it brought before the war, owing to the government action in taking over the wheat crop. The Farmers’ elevator today quoted wheat at $1.90 a bushel and predicts that this will be the average price after the government has set the price of wheat. The local markets are still buying wheat, although there has been some tendency over the country to shut down on the purchasing of the grain following the government action. It is said by the local grain markets, that they will have to quit buying wheat soon as their storage houses will be full and they cannot obtain cars to ship the grain. Favorable weather conditions and the prospects of a bumper crop of corn brought down the price of that cereal today. It is being quoted in the local markets at $1.25.