Business: Cash Crops

On U. S. farms the last bushel of wheat had been threshed, the last shock of corn stacked, the last apple picked, the last potato dug last week when the Department of Agriculture issued its final estimates of the 1934 harvest. Production of field crops was 32% below the average for the past ten years but prices were up 42% from last year, 140% from 1932. Farm value of field crops was $4,800,000,000 as against $4,100,000,000 last year, $2,900,000,000 in 1932.

Hardest hit by Drought were corn and oats—both the shortest crops since...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!