Monday, Jun. 11, 1956
Farm Prices Up
For the troubled U.S. farmer, the Agriculture Department reported happy news. Farm prices in mid-May climbed 3%, the fourth straight monthly rise and one of the biggest jumps in years. Potatoes, fruit, hogs, lamb and cattle all rose; in some areas prices for meat on the hoof were up as much as 6%. As a result the overall farm index jumped to 242% of the 1910-14 average, only two points below last year's level.
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