Word: farmed
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Dates: during 1950-1959
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Whirlwind Hill Farm Wallingford, Conn...
...with farm programs costing the Federal Government $6 billion a year, and veterans' benefits $5 billion, plutonium production hardly seemed-especially in a week when the U.S. had to land troops in the Middle East-the best place for economizing...
...decades, farm-bloc politicians have bid for higher and higher farm subsidies, claiming that economic depressions are "farm-led and farm-fed." Last week the U.S. saw the old cliche working precisely in reverse. Leading and feeding the recovery from recession was the sharpest rise in farm income since 1947, the greatest ever without a war. At the end of the second quarter of 1958, farm income had jumped to a seasonally adjusted rate of $13.8 billion annually, a solid $1 billion more than the rate for the previous three months-and a fantastic $3.1 billion more than...
Records & Ranges. The new farm prosperity spread across the board. Hardly a crop or an area failed to prosper. Producers of livestock and livestock products took in $9.1 billion in the first half of this year for what actually was a smaller quantity of meat, poultry and dairy products than they sent to market in January-June 1957. Even the surplus-ridden wheat, cotton, corn and other crop producers managed to boost sales by 10% to $4.7 billion. In some states the increase in farmers' cash receipts was nearly 100%. Texas farmers, from January through May, took...
What it meant to the economy was that the moneyed U.S. farmer was fast becoming a pillar of strength, buying and consuming with rare power to pick up the slack from other social groups. To many a businessman, the strongest market of 1958 is the farm market-the equivalent of discovering a rich, import-hungry foreign country. In Bloomington, Ill. Sears, Roebuck reports that its trucks go out loaded with freezers, ranges and refrigerators; on R.D.S. routes freezer sales alone are running 50% ahead of last year. Nor are appliances the only things that farmers want. With cash...