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The clipping this text was read from
The clipping this text was read from

flue-cured is likely to be held at a high level in 1953, as we jvill possibly have a record production and consumption of cigarettes. Cotton—The carryover next August will probably be somewhat larger than one year ago, causing some slight decline in price.

Feed—Continued strong demand, with not much change in prices, is in prospect for feed concentrates next year.

Supplies—Practically everything that farmers need will be available, and in many cases, at higher prices. In items using a great amount of steel, a shortage may occur. Cost and Income—Cash farm receipts in 1953 are not likely to exceed 1952 which has been estimated at approximately 33i billion. However, farmers' costs, labor, most factory made production goods* interest and taxes are expected to move slowly upward. The squeeze between prices and costs will probably reduce the net income of farm operators below 1952. However, for most types of agriculture, 1953 should he a relatively profitable year for efficient producers.

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