Soil Bank Proposed To Stop Slipping Farm Prices
Charles B. Shumanen, leader of al farmers, said the Soil Bank plan could help curb slipping farm prices. He warned missteps could backfire and hurt farmers, as he addressed the American Farm Bureau Federation at its 37th annual meeting. He noted 28 percent decline in net farm income over five years and warned of a further drop. Shuman outlined a seven point attack, stressing orderly shrinkage in the agricultural sector and the soil bank as a tool to restore balance.