The Bismarck tribune., 1929-01-28
1929FARM OUTLOOK
FOR MIDWEST, EAST
ISFOR IMPROVEMENT
Farmer Warned to Avoid In.
creasing Production Of Prod
ucts Now in Ample Supply
EXPANSION DANGER IS SEEN
Caution Urged in Sheep, Dairy
Cattle, Hogs, and Fruit; Po-
tato Reduction Needed

Washington. Jan. 28.-(F)-Ameri-
can farmers were urged today to con-
tinue their efforts to adjust produc-
ton to demand by the bureau Of agri-
cultural economics in its outlook re-
port for 1929. The Bureau also ad-
vocated that the farmers avoid in
creasing production Of those products
which are in ample supply II the
present level Of gross agricultural in
come Is to maintained.
"The agricultural outlook for 1920
Is for some Improvement in the mid
west and east" the bureaus survey
declared offset by conditions in other
regions possibly not quite SO good as
In 1928. For agriculture as whole
total gross income will probably be
maintained near its present level Of
around $4,000, ,000,0 900 to $12 SOC. .000,-
600.
The domestic demand for farm
products. the bureau said, Is expected
to be maintained during the early
part of the year, with foreign demand
continuing about the same as last
year. Some expansion in beef cattle
may be warranted. But farmers were
cautioned against too rapid expansion
Of sheep, dairy cattle, hogs and fruits.
Some reduction was recommended for
potatoes and feed crops.
Cattle Outlook Favorable
The outlook for the cattle industry
continues favorable" with prices
about at the peak Of the cycle, the re-
port declared. ana the present does
not appear to be a favorable time fol
new producers to enter this industry
Those already in the cattle industry
It added. may profit by moderate ex-
panSion during the next two or three
years even though prices go somewhat
lower.
Although increased numbers oi
sheep In this country have not as YET
affected the markets, the bureau said
caution should enter into production
plans as present prices can not be
main tanned IL expansion is continued
too rapidly. The lamb crop this year
may show some increase above last
year. Active business conditions IL
the opinion OF the bureau will con-
tinue to help support the lamb and
wool market well through 1929 with
possible slackening in late 1929 or In
1880.
The higher interest rates affecting
the farmers in some sections Of the
country may result In a less favorable
agriculture credit situation, the report
declared, but little change is expected
In the price Of farm machinery. fer.
tilizers, and building materials. Farm
wages are expected to be lower al
harvest time. it added.
Wheat Prospects Better
In its summary of recommends
tions on leading crops and livestock
the bureau said that it was probable
that the world supply and demand
for wheat in 1929-30 will be somewhat
more favorable for marketing the
wheat crop Of the United States thar
they were last season.
In view Of the probability Of an.
other large crop Of hard winter
wheat. the report said. spring wheat
farmers should hesitate to increase
their present acreage Of hard spring
wheat. Durum wheat prices. the bur.
eau believes. probably will continue
relatively low unless acreage Is mater
tally reduced. Rye prices will follow
the trend Of '.:heat prices, the bureau
said.