Rensselaer Republican, Volume 23, Number 51, Rensselaer, Jasper County, 20 August 1891 — FARM PROFITS. [ARTICLE]

FARM PROFITS.

This 'Will Ba One of the Most Profitable Years on Record. FoUra Billion Dollars More than In PreviousYears—Estimates on (loan, Wheat and Oats. Farm profit? will be 6100,030,000 more this year in the United States than they have been during the recent years of depression. At least. thisj-s tho estimate put forward by the American Agriculturist iu its annual review of the harvests to be published in the forthcoming September issue of that magazine. On the of present prospects this authority, estl* mates the corn crop of 1331 at 2,000,000,000 bushels, wiieat 500,000,000 bushels and oats 622,000,000, against 1,500,430 and 524,000,000 bushels respectively in 1890, and 1,700,445 and 578.000,103 bushels as the average for the preceding eleven years. This makes the total prospective crop of corn, wheat and oats 3,122,000,000 bushels or 28.8 per cent, greater than last year and 15,7 per qent. over t lie. average of the preceding eleven years. The American Agriculturist believes .that jiniMS unexpected i nfiueiices wholly change the current of events the value of corn on the farm will average in December fully 50 cents a bushel, wheat 61 per bushel and oats at least 40 cents. On this basis the value of the corn crop to the farmers will be 8100,000,000, wheat 8500,000.000 and oats 6250,000,000, or a total of 81,750,Q30,003. This is $450,(XX),000 more than the value of these crops, in. .1390 and 8G25,t>;:0.0 0 more than the value of the average of those crops from 1830 to 1800, Inclusive, Cotton arid rice will command better prices than last season. Cattle are worth one-third more than eighteen: months ago, with other live stock iu proportion. Tobacco is advancing heavily for cigar leaf, contracts being made for tho crop in the field at an advance of 15 to 50 per cent, over the last year. Hops are linn at good prices. Winter fruit wil command large values, and all vegetables are yielding fairly, with every indication of a remunerative market, The export outlook was never better. Immensely increased sums will be sent to the United States for our product. a—--Ulterior influences may of course interfere, with tint present prospect,but. we confess we are beginning to share more fully the hopes of certain well-informed but conservative agriculturists 'who predict better profi ls for tho farmers of the United States during the next year than ever before. The American Agriculturist says there will be no return of “war” prices, but the money received above expenses will go further arid enable the farmer to get more value out of his*prolits thau at any previous period.