Agriculture: Down on the Farm

Most of the nation's crops had been harvested and sent to market, and the U.S. Department of Agriculture had some glowing statistics to report. Net farm income, said Agriculture, will increase over 1960's $12 billion to a total of $12.8 billion, making 1961 the most prosperous year since 1953. But there was another, gloomier side to the statistics: $4.7 billion of the farmers' income will come from Government support programs, a jump of $600 million over 1960—and only the farmers with heavily subsidized crops really seem to think they are any better off.

Wheat, for example, gets high supports, and U.S....

Want the full story?

Subscribe Now

Subscribe
Subscribe

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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