| Show Bumper Crops Eliminate Famine Scourge in World The long expected postwar re re- recession recession re- re recession cession in agriculture got under underway underway underway way in 1948 but it was proving to be unlike the often mentioned agricultural panic of 1921 The world food crisis still in a dangerous phase in the early part of the year became notably easier with the excellent harvests in inmany inmany inmany many parts of the world and more particularly the bumper crops in western Europe and the United States All except a few of the more pessimistic began to regard the food situation with cautious ism Famine for once was not prevalent in any large portion of the world during 1948 As bumper crop piled on bumper crop worries returned in the sur sur- surplus surplus surplus plus exporting areas particularly the United States as to whether world markets would continue to absorb the surpluses and how I price support programs and ac ac- accumulating accumulating ac- ac accumulating I cumulating stockpiles might be managed This turn of events received em em- emphasis emphasis emphasis as evidence accumulated that the acreage already sown under favorable conditions and to tobe tobe tobe be sown with wheat for 1949 har har- harvest harvest harvest vest would probably be a new high record |
