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Story
September 27, 1951
The Brooksville Journal
Brooksville, Hernando County, Florida
What is this article about?
Iowa farm income averaged $4.50-$5.00 per acre monthly in early 1950, per state commission, yielding $768 gross for a 160-acre farm; last year was $4.95 per acre monthly. Figures are gross before expenses.
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Iowa Farm Earns $4.50 Per Acre Each Month
The average Iowa acre is earning between $4.50 and $5.00 a month, cash, the Iowa development commission reports. Which means that the average 160-acre farm, under good management, is bringing in $768, gross per month.
Last year Iowa farmers made $59.40 for each of the 34 1/2 million acres in farms in the Hawkeye state. That figures out $4.95 per month, per acre, or $495 per month for each 100 acres of Iowa land being farmed.
In the first six months of 1950 the leaner half of the farmer's year -Iowa farm income came to $27 per acre, or $4.50 per month, per acre. That still is $450 a month for every 100 acres of farm land.
The commission hastened to repeat that the figure is gross income. Out of it the farmer must pay for power and machinery, labor, feed, feeder stock and breeding stock, before he arrives at his own salary.
The average Iowa acre is earning between $4.50 and $5.00 a month, cash, the Iowa development commission reports. Which means that the average 160-acre farm, under good management, is bringing in $768, gross per month.
Last year Iowa farmers made $59.40 for each of the 34 1/2 million acres in farms in the Hawkeye state. That figures out $4.95 per month, per acre, or $495 per month for each 100 acres of Iowa land being farmed.
In the first six months of 1950 the leaner half of the farmer's year -Iowa farm income came to $27 per acre, or $4.50 per month, per acre. That still is $450 a month for every 100 acres of farm land.
The commission hastened to repeat that the figure is gross income. Out of it the farmer must pay for power and machinery, labor, feed, feeder stock and breeding stock, before he arrives at his own salary.
What sub-type of article is it?
Economic Report
What keywords are associated?
Iowa Farms
Acre Earnings
Gross Income
1950 Agriculture
Where did it happen?
Iowa
Story Details
Location
Iowa
Event Date
1950
Story Details
Iowa Development Commission reports average farm earnings of $4.50 to $5.00 per acre monthly, gross, for the first six months of 1950, equating to $450 per month for 100 acres; last year averaged $4.95 per acre monthly.