Show Year Four-Year High Seen For Wheat t I Farmers' Farmers Income Cash income of ot wheat farmers of the United States from the 1931 crop will be greater than from the 1933 crop even though drought made the 1934 crop one of the smallest on record the Agricultural Agricultural Agricultural Ag Ag- Adjustment Adminis Adminis- estimates Cash income without adjustment payments Is estimated at for the 1934 crop and adjustment adjustment adjustment ad ad- payments covering this crop which total will give wheat farmers' farmers crop a total purchasing power of approximately approximate approximate- ly This compares with a total income from last lost i years year's crop estimated at of which consisted consisted con con- slated of or return from the sale of wheat and of adjustment adjustment adjustment adjust adjust- ment payments The estimated to tobe tobe tobe be the cash Income of wheat farmers farmers farmers far far- mers for far 1934 is practically twice as much as farmers received Inthe in inthe inthe the depression year of 1932 when the total cash cosh income from wheat amounted to only The increase in farm income I this year is due partly to the in increase increase increase in- in crease in adjustment payments but largely to to the higher prices which farmers receive for the grain they sell These higher prices have been brought about primarily by the reduction of the surplus of wheat in this country The estimate of cash cosh Income from the 1934 crop is based on the estimated of the crop and the average of farm prices for the first four months of the marketing year from July to October The estimates apply only to grain grain- which farmers have sold or will sell as allowance has been made for the wh wheat at which has to be kept for seed for home use and for livestock feeding I |