OCR Text |
Show Dairy Income The cash Income of farmers from sales of milk and mills products In 10:52 is estimated at a little less Ithan a billion dolars (SOS'i.OOO.OOO) I Adding to this the value of thp j milk, cream, and butter used In households on the farms where pro duced. gives a gross Income from dairy products In 1932 of about oni' and a quarter billion dollars ($1,200. 424,000). With the prices of mosi farm products declining even faster J than the prices of dairy products, the proportion of the total Income of farmers derived from milk increased -from lO1 per cent In 1920 to 24',A per cent in 1932. If allowance Is made for the value of the milk cows and the calves of milk cows sold or slaughtered in 1932, the total Income of farmers from dairying was closo to $1,400,000,000 or about 27 per cent of the income from all farm products. United Slates Bureau . of Agricultural Economics. |