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Show , Natiottal Natiotal National Bureau BureauIssues Bureinluuea Issues ' 40 40Reports 40R Reports port on rarm Farm Faun Price Prices PricesNineteen Nineteen forty-one forty one - - has begun besun besunwith begunwith begunwith with the average prices of 01 tarna farm farmproducts farmproducts product products * about the eame sazne same aj as at the theoutset theoutset outset of 1940 1 40 , kut but with better r08 pros- pros ' prospects _ - - I Ipecta pccts pecta pects for far some aome advance aj as consul- consul consum- consum consumer consuler - - - er tncomea Incomes homes Increase Increas , . tha the bureau ol of ofagricultural ofagricultural olagricultural agricultural economic economics * report reports reportsOreatest reportsGreatest * Greatest Oreatest sMmulus sl/1muJus sl 1muJus stdmuJus / la Is t9 the increasedindustrial Increased IncreasedIndu Indu Industrial . trlal activity as OS production foi for fornational fornational national defense expandsThe expands expandsThe The . aupply .supply supply of ot teed feed cralna grains for an- an anI'mals anI animals an animals - I'mals Imals I ' imals on farms fanns la 18 is about 5 b a per cent centlarger centlarger centlarger larger this year than last The Thesupply Thesupply Thisupply supply of by-product by product - feeds feed * also 18 is 18larger islarger Islarger larger this . season .seasen seasen Year-end Year end - re- re reports reports re reports - - ports Indicated 1rJdlcated more cattle and andlambs andlambs andIambs lambs on feed teed this winter than thanIMt thanlast thanlast IMt last but a sharp reduction In the thenumber thenumber : number of hogs was Indicated by bythe bythe bythe the December pig report of the ag- ag agI agIrtcultural ag-Irlcultural ag Irlcultural - I ricultural Irtcultural marketing service Hog Hogmarketlngs Hogmarketlngs HogI I marketings marketlngs are declining decl1nlng and prtCP prices pricesare prtceaare are going up A favorable hog- hog hogtood hogfeed hog-feed hog feed - tood feed price ratio th\.s th.s th .s s this thi \ . * year fore foreCMts forecasts forecasts CMts casts an Increase Increa.se . In the 142 1942 * springpig spring springpig pig cropMUk cropMilk crop cropMUk MUk Milk production has been setting settingnew settingnew settingnew new high records reoords for this th\.s th.s th .s s \ . time Ume of ofyear ofyear ofyear year production tProduction ucUon usually declines declinesIn declineIn * In February but then build builds * up to toannual toannual toannual annual peak In June JW1e Production Productionfor for the full year 1M1 1941 may be the thelargest thelargest thelargest largest on record considering thtJ the thtJI thelarge thelarge I large number umber of cows on farms s and andI andthe andfor andthe the Increasing consumer demand demandfor demandfor for dairy product products * The Income of ofdairymen ofdairymen ofdairymen I dairymen In 1M1 1941 may be the high- high highit highest hl h-c-st h c st - est ( ' it . ! - in a a , decadeI decadeCosts decadeCosts decade decadeCost Costs Cost * of farm production also alsoare alsoare alsoare I are expected to go up yarw Pann Farm m- m in- in mI mcome income In Income - come will wUl be higher this year than thanI thanlast thanlast thanlast I last but higher costs cOBts w will l offset offsetpart offsetpart offsetpart I part of ot the gain the bureau states statesI statesThe statesThe I The ratio of prices received by thefarmer the the'farmer thefarmer 'farmer farmer ' to price prices * paid Is about 17 17per 17per 17per per cent below the pre world war warof warbase warbase ' base of 100 Year end report reports * in- in indicate indicate In Indicate - dicate that total supplies of food foodare foodare foodare are adequate for civ civilian lan and mili mUi- mUi mili- mUita.ry military military - - tary ta.ry . needs during the coming yearAcreage year yearAcreage Acreage allotments under W1der govern govern- government government government - ment pro programs rams are practlcaUy practically the thesame thesame thesame same this year yehr yetlr as a * last with guar guar- guarantees guar- guar guarantees guarantees - - antees of ot conservation payments paymentsto to participating producers Oood Good Ooodyields Goodyields Goodyields yields will wlll undoubtedly increasethe increase increasethe Increasethe the supplies suppllE'3 suppllE3 ' of ot products stored storedagainst storedagainst storedagainst against future needsThe needsThe needs needsThe The United Unitt'd Unittd ' States supply of ofwheat ofwheat ofwheat wheat for 1&40 140 1940 & 41 has been increas increas- increased increased increased - ofI - I ed to 1 11 1 million bushels Carry Carrym.er Carryoser Carryover m.er mer oser . on July 1 next day may be be400 400 million mllUon bushels the largest on ongovernment ongovernment ongovernment government record Possibility 18 Is 18that Isthat isthat that the supply of wheat for 1941- 1941 194142 194142 l 4l-42 4l 42 - 42 will be slightly larger than dur during durIng I Ing the current currgnt curr nt season seMon |