They survived by using the wheat to make bread, and other foods. Also by traveling around trading with others for food.
The price dropped 12.7%
There was a major surplus of crops during this period, but there was not a major demand. Many crops flooded the market causing a major price drop. Many farmers couldn't pay their bills and farms were repossessed. This is one of the events that led to the great depression.
They dropped at best buy to $250
7.0423% decrease.
Surplus crops
Agricultural Adjustment Act This New Deal program helped farmers through price support subsidies.
Agricultural Adjustment Act was The New Deal Program helped farmers through price support subsidies.
iPhone has dropped from a $499 price tag to an affordable $199, so it has dropped dramatically.
the price of silver ore on runescape at the moment is 91gp, it has dropped 2gp today. have fun :)
If you mean in America, banks contributed to the farmer's plight by demanding payment for the investments they made for the mortgages of the farmers. The problem was that the price of crops dropped significantly during the nineteenth century, so farmers needed to work ridiculously hard to gather enough crops to pay off their creditors while the currency deflated, meaning there would be less money around for them to use in the first place.
It gives them a fairer price to avoid exploitation because without it farmers would be forced to sell at a lower price because the buyers can easily shop elsewhere
some farmers .