Word: bumpered
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...question mark in the budget is the farm-support program. In August, estimates were that $2.2 billion would be needed for price support, some $1.1 billion less than fiscal 1955, but $1.1 billion higher than originally estimated last January. But with bumper crops and declining farm prices, no one thinks that even the revised estimates are high enough. Falling hog prices, for example, forced the Administration into an $85 million buying program a week...
...BUMPER CROPS will exceed earlier forecasts, says the U.S. Department of Agriculture. Despite acreage cutbacks, farmers are using so much fertilizer in an attempt to keep lagging farm income up that the total output of farm commodities will hit 112% of the 1947-49 average, breaking last year's record...
Last week the U.S. Department of Agriculture issued a new, granary-bulging forecast of crop prospects for 1955: the harvest for all crops this year is expected to be 6% above last year's and to equal, if not exceed, the record yield of 1948. Bumper production is anticipated in corn (17% over 1954, and the second-largest crop in history), oats (8% higher than 1954), sorghum grains (up 30%), hay (up 5%), soybeans (up 23%), cotton (30% above the average yield), wheat (5% above the latest forecast) and peanuts (50% above last year...
...misapplication of Freudian theory, Dr. Kelley told a summer session at Fresno State College last week, have made parents neurotically fearful of turning their children into neurotics. As a result, he said, the U.S. today may be producing a smaller proportion of neurotics, but it is harvesting a bumper crop of psychopaths, which is worse...
High price supports in recent years led to bumper crops and, eventually, an enormous surplus: 1 billion bushels of wheat, a whole year's supply (which cost the Government $2.5 billion, plus $150 million a year for storage fees). Agriculture Secretary Ezra Taft Benson cut the planted wheat acreage from 79 to 55 million, while the support price dropped from $2.24 a bushel to $2.06. To qualify for support payments, farmers had to accept quotas and acreage restrictions. They complained but complied. Result: the harvest fell from 1,300 million bushels in 1952 to 839 million this year...