Word: bumpers
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Dates: during 1930-1939
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...farming weather has been so perfect this spring that even green telephone poles around Franklin. Neb., last week sprouted leafy branches. A more alarming manifestation of fertility are bumper crops impending in almost every State. With farm prices already 20% under last year, not since 1932 has the outlook for the U. S. farmer seemed more ominous. Hence, when Washington newshawks waited one afternoon last week for the Department of Agriculture's definitive June 1 estimate of 1938 crops, commodity exchanges all over the U. S. were jittery. The figures that correspondents relayed to their home offices were...
Cotton. Although U. S. cotton growers planted only 28,000,000 acres this year, compared with 34,000,000 in 1937, they are expected to harvest a bumper crop of some 13,000,000 bales and already have a carryover of nearly that much. Last fortnight cotton prices slumped to all-time lows, since then have partially recovered- mainly on rumors of crop-damage from heavy rains in the cotton belt, minor floods in the dust bowl. Last week, spot cotton in New Orleans sold for 8.34? a lb. above the price the week before, but well below...
...other U. S. cotton growers are expecting their second biggest crop in five years. Estimates have placed the total yield at 13,000,000 bales, compared to 12,400,000 in 1936, 10,630,000 in 1935. With a carryover of 14,000,000 bales from last year, this bumper crop can mean but one thing-low prices. In 1936, average price for cotton was 12.3? a bale; in 1935, 11.1?. Last week the spot price of cotton in New Orleans tumbled to 7.88?, lowest it has ever been in terms of the pre-New Deal gold dollar...
...better off except for the cattle ranching States of Wyoming and Colorado, the mining areas of northern Arizona & New Mexico. Purely agricultural regions so far have felt the pinch very little. In Nebraska and Iowa trade was off a mere 1.8%. Farm prices have fallen somewhat, but with bumper crops to market farm income has held steady. In neighboring Kansas and Missouri trade was off about 8% because depression in Kansas City and St. Louis counterbalanced country buying. In Texas and lower Arizona and New Mexico, the stability provided by bumper 9? cotton crops is notably enhanced...
...young Californian named Carl Schmidt discovered the Fuerte in the patio of Señor Alejandro LeBlanc in Atlixco, Mexico. He sent a few buds back home, the middle classes of the U. S. began to hanker after avocados, and in 1934-35 there was a bumper crop of 20,000,000 pounds which brought in $600,000 to California avocado growers. But last year there was another Big Freeze, which went hard with avocados. Ordinarily, the avocado harvest lasts through the summer, but by last week this season's harvest was over...