Last week the U.S. Department of Agriculture issued a new, granary-bulging forecast of crop prospects for 1955: the harvest for all crops this year is expected to be 6% above last year's and to equal, if not exceed, the record yield of 1948. Bumper production is anticipated in corn (17% over 1954, and the second-largest crop in history), oats (8% higher than 1954), sorghum grains (up 30%), hay (up 5%), soybeans (up 23%), cotton (30% above the average yield), wheat (5% above the latest forecast) and peanuts (50% above last year).
The huge 1955 yields reflect a growing efficiency on the...
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