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Farm production coats will likely continue to climb through 1962, say agricultural economists at Virginia Polytechnic Institute.
The index of prices paid by farmers for production goods in September was one per cent above a year earlier. The index has shown a 27 per cent increase since 1950. ... v':
Next year, most of the upward pressure will be in higher prices for some purchased non-farm items such as farm machinery, machinery repairs, improvements and supplies, as well as farm taxes.
The economists say cost control is becoming more important as farmers continue to use more purchased non-farm inputs per farm. Some farmers can reduce costs by using inputs more efficiently. Outof-pocket costs must be carefully
Wytheville on Wednesday to spend the holidays with his parents and plans to return on Januay 2.
64.3%