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Iowa Farm Science: Volume 12, Issue 5
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Some of the implications of adjustments ot restore balance in agriculture are obvious. Others extend far beyond the farm family and its immediate neighborhood. Here are brief examples of some of them.
This special issue of Iowa Farm Science deals with a changing American agriculture, its effects on farm families and their rural and urban neighbors and the relation of agriculture to the national economy as a whole.
Agriculture's two big problems of today are to keep up to date in technology and economic organization and to keep in step with its market. The ways in which these two problems are to be faced are important.
Food will win the war and write the peace! This slogan was heard often during the war period. Patriotic urge plus higher prices- which stemmed from increased food needs- brought forth a sharp boost in farm output during the early war period (see chart 1). This output has continued to expand despite the loss of some of the wartime and early postwar special demands.
Prices and incomes in agriculture have been unfavorable and declining while they've been risiing elsewhere in the economy. This is evidence both of a lack of balance and of forces at work to restore a balance.