America Needs Farmers
Farm Crisis
Day late and a dollar short. Or a couple billion dollars short.
agriculture peaked in the mid 70's corn prices tripled wheat prices doubled, then in the 80's the federal reserve tightened and young farmers started borrowing more money and held more than 60% of the nations debt. they finally gave up and the farmers were in the hardest times they have ever faced.
Event Information
Farm crises
it wasn't just certain kinds of farmers, it was all farmers, young old big and small.
When?
Monday, Mar 21, 2016, 11:45 PM
Where?
the entire united states
relations to today.
it actually relates to this year, corn being at $4 barely being able to break even, cattle prices going back down hogs not doing anything and ground is still selling for $8000 an acre its impossible for a young kid to start.
Farms dying
Farms that have been in the family for decades are gone
America is in trouble
the famous farming photo is turned to foreclosure.
Sell
farms went up for sale, day in and day out more farms would sell.