Show American Farmers Own 91 Billion Dollar Plant The family economics economic bureau of the Northwestern National Life We Insurance Insurance In In- reports American farmers now own 91 mUll million on dollars worth of land buildings Ive I've stort stoc and equipment This gigantic food factory turned out approximately 30 billion dollars worth of produce in 1950 1050 or a third of the plant itself In 1000 1900 and even in 1910 American agriculture produced only a sixth of its own physical value in a year Even in fn prosperous 1929 it produced produced produced pro pro- a little less than one fourth of its plant value according to the study The average farm today is a third bigger bluer comprising acres acrel of land as against an average of acres in 1900 and in 1025 1923 Annual net inco taco te io per IN farm has climbed from in 1900 to an estimated 2225 in 1950 The American farmer larmer has accomplished ac Ie these gains through a OO per cent increase in his investment invest ment in tools and machinery and by better methods better seed eed better livestock and more fertilizer |