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Staples Double Crop Prices With AAA Aid Says Beac keen
L. C. Beachkeen reports that cotton prices and farm cash income surged after the agricultural education act, which the Supreme Court recently struck down. State cash income rose from 58.6 million in 1932 to 114.2 million in 1934, with nationwide farm cash income climbing. Current farm expenditures and wages show modest gains offset by lower mortgage rates, yielding an estimated income to farm operators around 4.11 billion in 1935, the best since 1929 though below 1929 peak.
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