I hrer factors Mr Krueger pointed out that farm prosperity depends in gen eral on three tilings ■ general i eon nne situation, demand for commodities, and supply of com modities. Speaking about the outlook for ’.ion-farm workers. Mr. Krueger made these predictions; First, urban people will have about as much mcney to spiend fur food in 1953 as they did in 1952. Second, people will buy food somewhat more sparingly and carefully next year. Thud, decline in buying will not be drastic in 1953. "I feel, however, that a more pronounced decline is in Uie mak ing lor 1954 and 55," he said. Tiphter Squeeze lit addition to slightly lower prices ami slightly increased fanning costs in 1953. the speaker said that these factors will result in "a little m re of a price-cost squeeze than fanners had in 1952. This squeeze Will not be serious, but some downward adjustments will have to be made." Kach month since last August there lias been a decline of 2 to 3 per cent over the farm prices of the preceding m nth. The rca ■ in [or tiiis drop is that demand for food has about stabilized, but production has continued to in crease." the specialist observed. rite speaker said that his fore cast was based cn careful study ami economic analysis of the best m!' filiation available at this time.

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