Show SURPLUS SURILUS CROP productions ily by W 1 SPILLMAN SPILL StAN agricultural Eco ECon HERE appears tobe to bo no possibility of preventing surplus production of cotton corn wheat or liay hay sinco since in the case of each oft of these heso four major crops there exists a considerable surplus acreage the fact that wo we produce more of a product than is consumed in una this country does docs not necessarily mean that we have a surplus of it in the case ot of cotton and wheat we produce large amounts for export exploit and the export price controls con trola the price of the home product but where this price la Is remunerative to the grower it can hardly be said that we have a surplus of the product since the panic years of 1020 21 tile the production of dairy and poultry products inthis in this country has been adjusted to our homo home requirements with tin an arna amazing zing degree of accuracy at no time airn e haasour has our production of fliess products exceeded our requirements more than I 1 or 2 percent per cent nor tins has it fallen below our requirements by adre than this percentage ras As to whether rh ather or not this remarkable state of affairs will continue I 1 think wa we can find tho answer it if we can find the cause of the delicate adjustment that exists between production and consumptive needs I 1 am of the opinion that the cause is to be sought in the following facts that section of the united states known as tile the corn belt has more alternatives than any other corn belt farmers can turn their attention to dairying the poultry business the raising of beef cattle 0 the fattening of steers the production of pork products the production of mutton and wool the afie growing tor for sale of corn wheat onto oats or hay it is because of the fact that the corn belt produces such a large percentage taga of dairy and poultry products that cofar co far as dal dairy 1 ry and poultry products acts are production is automatically balanced against market requirements |