The Condition of American Agriculture

October 18, 1926

Report Outline
Prospective Yields of 1926 Crops
The Livestock Situation
General Regional Conditions

The gross income of American agriculture during the present crop year, according to estimates by the Department of Agriculture on the basis of the latest crop reports, will be about the same as - or slightly lower than - the $12,400,000,000 total for the crop year 1925–26.

The gross income from agricultural production, as estimated by the Department for the years since the war, is shown in the following table in millions of dollars.

Year July1-June30 Grains Meat animals Fruits and vegetables cotton and cottonseed Dairy and poultry products All farm products
  Million dollars Million dollars Million dollars Million dollars Million dollars Million dollars
1919–20 3,005 3,346 1,747 2,271 3,598 15,719
1920–21 2,246 2,328 1,705 1,272 3,502 12,668
1921–22 1,266 1,932 1,379 760 2,877 9,217
1922–23 1,393 2,180 1,410 1,251 2,957 10,366
1923–24 1,393 2,167 1,526 1,608 3,315 11,288
1924–25 1,842 2,619 1,333 1,719 3,258 12,003
1925–26 1,565 2,746 1,625 1,682 3,577 12,415

If the present crop year, promising a total income of more than $12,000,000,000, could stand by itself, without relation to a back ground of depression, it would be rated as a moderately prosperous year for the majority of farmers.

ISSUE TRACKER for Related Reports
BROWSE RELATED TOPICS:
Farm Loans, Insurance, and Subsidies