OCR Text |
Show Income From Crops Last Year Increased 10 Per Cent Over '43 A Grains Jump 32 Per Cent; Meats in Smallest Upturn. Continued strong demand for farm products, both foreign and domestic, is reported by the U. S. department of agriculture. At the same time it is announced that total receipts for farm marketings for the period January Jan-uary through November, 1944, amounted to about 18,430 million dollars, dol-lars, a 6 per cent increase over the 1943 receipts of 17,312 million dollars. dol-lars. Income from crops was about 10 per cent greater than 1943, government govern-ment figures show, while receipts from livestock and livestock products prod-ucts went up only 4 per cent over last year. Greatest gain of any of the commodity groups was made by food grains, which increased 32 per cent over the same period in 1943. It is expected that the demand for many farm products, at ceiling prices, may continue to exceed supplies, sup-plies, since consumer expenditures probably will not decline as much as national income. After fighting ends in Europe, reductions in the output of war goods may bring about a drop in national income due to reduced re-duced employment, particularly overtime, in the industries making such goods. Crop acreages for 1945, suggested by the War Food administration, call for a slight increase over 1944 plantings, plant-ings, with a small additional production produc-tion or marketing of most livestock and livestock products, except poultry poul-try and eggs. Largest proportionate |