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Show BUMPER CROPS SAYS HEAD OF FARM BUREAU CICAGO, July 20. (IT) American Amer-ican farmers will have a ten billion dollar income for the new crop year, O. E. Hradfute, president of. the American Farm Bureau federation, told the United Press today. His statement followed completion of a crop survey. "This is a hcaltny increase nnd will be the second consecutive good year," Bradfute asserted. "It is ft remarkable jump from the low point in agricultural depression reached j in the crop season of 1021-1022, when the farmer's total income amounted to only seven and a half billion dollars. "While the new crop season is only four week old, conditions all point to a record-breaking year. Last yenr showed a decided turn for the better in many parts of the country and the coming crop year which endH next June 30 should be even better. In 1922-1023 the rarmers total income in-come was nine billions. The crop season 1023-1024 brought the farmer farm-er nine and a half billions, and the crop season which ended June 30 of this year brought around nine and three-fourth billions. "The bureau figures, therefore, indicate what with anything lUjo favornble, weather conditions the coming season will bring into the farm house more than $10,000,000,-000," $10,000,000,-000," he said. Bradfute explained that the Farm Bureau Federation figured the farmers' income ai approximately two billion dollars less than the government. The government includes in-cludes in its estimates the produce consumed on the farm. A bumper corn crop with high prices for hogs and cash corn and rising prices for cattle are features which make Bradfute optimistic for the corn belt. This is offset, to a certain extent by the shortage in the hog crop. The Pacific const which last year suffered from drouth and frost reports re-ports a much better outlook for the new season, he continued. |