FARMERS: Boom Times

The best economic news in the U.S. last week, bar none, was the boom in U.S. agriculture. From all over the country reports trickled into Washington showing that the farmer, after being the lowest man on the economic totem pole since 1955, is making an astonishing comeback. Agriculture Department experts scarcely dared believe some of their own figures. As of mid-April, the prices that farmers get are up 9.8% over the same time last year. The prices they pay are up, too—some 3%. But the net improvement is pushing their annual income to $13 billion v. $11.5 billion last...

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