Crop Forecast

The crucial business development during early summer is the prospective value of American crops. The July forecast issued by the Department of Agriculture covering the wheat, corn, cotton, tobacco and other standard crops is encouraging. Despite the late winter, large crops are anticipated. The prospective value of the twelve principal American agricultural products, on the basis of farm prices on July 1, 1923, will be $7,829,912,800, as compared with $6,768,208,000 for the same crops in 1922. This gain of over a billion dollars in value this year...

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