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The outlook is for further improvement in the economic position of American agriculture in 1937.
Wheat is not usually regarded as a substitute for corn as a feed for livestock, but a small carry-over of old corn and a new crop greatly reduced by drought leaves many farmers short of corn for feed. With the other feed grain supplies only about equal to the amounts normally fed, the main source of making up the shortage of corn is wheat.
The decade since the World War has been in many ways the most extraordinary period in American agriculture. For the first time in the Nation's history, the census of 1925 showed a decrease (since 1920) in crop acreage, in farm animals, in number of farms, and in farm population. Nevertheless, agricultural production increased more rapidly from 1922 to 1926, inclusive, than in any period since 1900, and probably since 1890, when the agricultural occupation of the prairies approached completion.