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...

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