On average _ and the averages reflect significant annual fluctuations in price _ a single head of cattle, which usually weighs between 1, 000 and 1, 300 pounds, now sells for 64 cents a pound, according to Cattle Fax Inc ., a private research company based in Englewood, Colo.
42.
Regarding the period 1750 1914 the document states : " Although there was considerable year on year fluctuation in price levels prior to 1914 ( reflecting the quality of the harvest, wars, etc . ) there was not the long-term steady increase in prices associated with the period since 1945 ".
43.
Gluts and shortages of these products caused chaotic fluctuations in price, and this led to the development of a market enabling grain merchants, processors, and agriculture companies to trade in " to arrive " or " cash forward " contracts to insulate them from the risk of adverse price change and enable them to hedge.
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