( viii ) 



Chapter 4 CROP PRODUCTION 50 



What Are the Facts Regarding Crop Production? 

 Agricultural Production Always Near Maximum 

 Half Our Land in Farms Non-Farm Lands Produce 

 Some Food Good Farm Lands Produce Most oj the 

 Food Good Lands Already in Use Corn, Hay, and 

 Wheat -Our Biggest Food Crops We Attempted to 

 Restrict Acreage Curtailed Acreage Brought Back 

 into Cultivation Agricultural Policy Blows Hot and 

 Cold Much Depends upon the Weather Goals and 

 Intentions Mean Nothing to the Weatherman Incen- 

 tives Important to Production Our National Crop 

 Policy - Change Policy Changed from Restriction to 

 Expansion We Have Outgrown Our Policy on Crop 

 Production We Should Be Realistic about Food Pro- 

 duction Outlook Is for Declining Production. 



Chapter 5 LIVESTOCK PRODUCTION 70 



Livestock Big Consumer of Crops Some Foods Re- 

 fined by Livestock Other Foods Condensed by Live- 

 stock Number of Refiners and Condensers Live- 

 stock Lags behind Crop Production Livestock 

 Products per Acre and Feed Unit First We Discour- 

 aged, Then We Encouraged Production Low Ceiling 

 Prices Caused High-Protein-Feed Shortage With 

 High Prices for Livestock, Protein Feeds Should Have 

 Been High Protein Feeds Low Relative to Other 

 Feed Prices Barter Economy Low Frozen Prices 

 Stimulated Consumption of Feed Grains Frozen 

 Prices Mean Frozen Supplies Our Livestock Policy - 

 Feed 'Em and Weep Livestock Expansion Cannot 

 Continue Impending Livestock Liquidation Ad- 

 ministrative Liquidation. 



Chapter 6 SHOCK ABSORBERS AND EQUALIZERS IN THE 



FOOD SUPPLY 97 



Seasonal Stocks Adjust Short-Time Changes Nation 

 Lives Largely from Hand to Mouth Food Stored in 

 Form of Livestock Livestock Serves as a Shock Ab- 



