Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 4 · column 3 of 9 · from the scan, no model involved
addition, the parity ratio—ratio of index prices received by farmers for their products to the index paid by farmers—can be considered one of the measures of the economic return to farmers for their farming efforts. In 1978 farmers received approximately 70 per cent of parity for their products. This ratio must increase if our farmers are to show reasonable returns on their investments in agricultural production.
"We are currently estimating the net farm income for 1978 in Virginia to reach an average of $5,700. however inflation has reduced this to about $2,800 in actual purchasing power. So inflation not only increases the farmer’s cost of production but it also drastically reduces the purchasing power of farm income.”
74.6%