Agriculture: Plight of Plenty

Despite alltime-record output of wheat, rice, feed grains, soybeans, pea nuts, sugar cane, meat, poultry and eggs, America's 3,000,000 farmers will pock et 10% less income this year than in 1966. After six straight years of rising income amid inflation, the slump in prices gives the farmer less net purchasing power than he has enjoyed since mid-Depression 1934. While complaint has always been their bumper crop, U.S. farmers last week threatened to beat their plowshares into swords.

The National Farmers Organization, having staged its own market boycotts, now calls for collective bargaining to raise farm prices, and is getting encouragement...

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!