Show INCREASE IS NOTED IN FARMERS INCOME gash ash returns from corn crop exceed last years estimates based on the latest production reports and nascent market trends indicate that farmers cash income from sales for the crop year 1023 24 will be about OW greater than in 1022 1922 23 according to the department of research of the american farm bureau federation gain la Is accounted for by a probable pio bable increase in ili the value of the cotton crop and of dairy and poultry output tire the corn crop will probably bring more cash than last year but hogs are aie likely 1 to bring less indications are that cattle will yield the farmer about the same saine its as last year ear toba tobacco eco about the same and wheat considerably less Pa gross sales for tile the mst last crop year ear totaled the forecast for next year Is OW last year the farmers cash income was divided us as follows crops live stock animal products estimates for the coming year place crops nt at tin an increase of live stock at a decrease of and animal products at au all increase crea e of WOW after il making laking due allowance for seed and feed requirements and human consumption on tile the farm it appears that less wheat will be sold this year than last and that the income will be considerably less and that more corn and oata oats will be sold and will bring a greater income the cotton crop Is larger and should bring more mon money ey than last year tobacco potatoes and apples will probably show little change tile the outlook la Is for about the same receipts from the sales of live stock during the coming year sear except in the case of hogs where the market trend has been downward more thun than enough to offset prospective increases in production dairy and poultry production Is increasing and prices remain strong examination of the record for the postwar post war year shows allows that farmers cash income declined about 47 per cent from the peak of 1010 in the depression pres slon of 1921 in ili this depression crops suffered most and animal products least the decline in crop sales being 53 per cent live stock 38 per cent and animal products 1 20 0 per cent the study brings out that crops cotton and the cereals were the hardest hit while vegetables and fruits declined relatively little the depression affe affected eted cattle and sheep rather worse than hogs while dairy and poultry products showed loss less effect thau than any important farm commodity farm sales increased last year over 1021 1921 to the extent of or about 2 20 10 per cent crops and live stock each yielded about 25 per cent more revenue animal products about 7 per cent that Is while the products declined less in the depression they recovered less rapidly being in general much more stable than either cither crops or live stock wheat Is the only important farm product which tins hns continued to decline in value since tile the depression each years crop being less valuable than the preceding the most remarkable recovery has been made in button last years crop selling for no nc arly aly 70 per cent more than that of JL |