| Show t WALTER ALTER SHEAD lEAD D I op Seen een in Farm arm Prices and small mail it today from rural ar areas U C CONGRESSIONAL CONGRESSIONAL farm prices as s to the drop in towns of the country points Generally these l letters let let- break in the inflationary spiral the only to take a cut from farmers are willing while the tors say that should b be done the high farm prices something abnormally is is the things the me that cut to relieve them of the brunt of the entire price should be cut proportionately farmer must buy economists here do not Insofar as this reporter can find out however look took for much of a letdown in prices for several months willAs will is that they As for farm prices themselves the consensus until they reach the parity floor when the government gov- gov down gradually go to buying and begin eminent will have to step into the picture maintain the 90 per cent of parity program withdrawn from temporarily Anderson has of Agriculture Secretary bushels hels of wheat million the but he still has about grain buying picture commitments When he does step to buy to meet the governments government's export to will be buying 1 he about April back into the grain market probably well to meet overseas commitments support farm prices as as ns 16 per cent cent will be some per income for 1948 likely As it now looks the farm 1946 income which was a record about equal to the under the 1947 total or hurt nuri high until topped by 1947 In the meantime not many farmers were crash the by the spectacular grain drop most of them having sold before J fC J |
