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Newspaper
Rock Valley Bee
Location
Rock Valley, Iowa, United States of America
Date
Nov 25, 1938
Page
2
Sioux County Farm Bureau notes predict prices for farm families in 1939 will stay near current levels with small rises in vegetables and clothing. Auto costs likely five percent lower, fuel stable, building materials up with activity, and home gardens seen as savings. A national study shows many families start saving once net income exceeds $600.
County agent K M Wagner estimates greater total AAA income for Lionscor farmers in 1939 due to higher corn loans and a larger participatio n rate. The 1938-39 program changes lower corn payments to 9 cents per bushel and soil-depleting payments to 1.10 per acre, with parity and adjustments boosting overall payments. Projected county income from corn loans could reach about 210000 dollars if one million bushels are sealed, amid shifting allotments and penalties for overages.
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