Farm Family Living Outlook for 1935 (Classic Reprint)

Book excerpt: Excerpt from Farm Family Living Outlook for 1935 The cash income received by farm families from agriculture during 1934 has continued the upward trend which began during the first half of 1933. The improvement is due in part to the advance in the prices of agricultural products, and in part to the rental and benefit payments made by the Agricultural Adjustment Administration, and to income from.the emergency sale of cattle, sheep, and goats to the Government. But to the extent'that the increased income this year resulting from emergency sales of livestock represents a reduction in livestock inventories below what normally would have taken place, farmers have gained in current receipts by sacrificing assets. Those farmers who have been forced to a severe liquidation of livestock Will be in a weakened economic position until their livestock numbers are restored. Preliminary estimates place the total cash income from.the sale of farm products, including payments by the at approximately for the calendar year 1934. This figure represents an ih crease of 19 percent over the figure of for 1933, and 39 percent over the low level reached in 1932. It is still, however, only 59 percent as large as the average annual cash income received from farm marketings during the 5 years preceding 1930. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.