Rensselaer Republican, Volume 27, Number 50, Rensselaer, Jasper County, 20 August 1896 — Yield of Farm Products. [ARTICLE]
Yield of Farm Products.
•■e decline in the value of farm products is sufficiently accounted for without reference to the “crime of 1873,” by the increase of acreage in cultivation. In the United States alone, the amount of land planted in wheat, iu 1875. was 26.381,512 acres; in IS9I it was 39,910,897 acres—an increase of 50 per cent. The yield of wheat iu the United States in 1875 was 292,130.000 bushels; in 1891 it was 011,780,000 bushels—an increase of more tltnn 100 per ceut. In addition to this increase in the amount of wheatproduced iu this country, a similar increase has occurred in India, Russia and South America. Prices are fixed by the law of supply and demand. The increase in the supply has lowered the price. A similar increase hns taken place iu the production of corn, oats, cotton and other agricultural products.
