Show nations farm income rises I 1 lasalle asalle map of business conditions condition A for amt 1941 I 1 FAS LA 60 an am increase in farm product prices has brought the nations farm fai income come to its highest peak since 1937 As indicated by the map above abo favorable business conditions prevail in most sections of the country by L G LLIOTT ELLIOTT E president ident lasalle extension university CHICAGO farmers are receiving more money than they did last year and are buying more goods the result of increased income from higher prices for dairy products grains and cotton advances in these commodities have more than offset the recent moderate declines in livestock prices which are now at the top for several years the general average for all farm prices is 12 per cent higher than a year ago and is the highest since 1937 government payments to farmers which have been somewhat smaller are expected to rise during the next few months greatly increased purchasing power of consumers in cities and the improvement in general economic conditions have been partially responsible for these higher prices for farm products another contributing factor is government purchasing of large quantities of farm products under the food for defense program |