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What did the fall in wheat prices cause US farmers to do in the 1920s?
Wiki User
∙ 10y ago
when the war ended it caused the large rates on wheat set up by the government dropped and ended massive purchase from other countries. A "farm bloc" of congressmen joined Congress in1921 to supoort farmers, but the bills they passed in attempt to help farmers such as the McNary-Haugen bill were vetoed by Coolidge.
Wiki User
∙ 13y ago
Wiki User
∙ 10y agoThe farmers depleted their farmland trying to grow as much as possible. This, however, resulted in still lower prices.
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What economic problems confronted farmers in the 1890s?
-falling prices of wheat-rising costs of shipping grain-increasing prices of elaborate machinery-small farms couldn't compete with larger farms
What economic problems confronted American farmers in the 1890s?
-fallinfg prices of wheat -rising costs of shipping grain -increasing prices of elaborate machinery -bonanza farms couldn't compete with smaller farms -Hisho
What did farmers do to their corn and wheat during the depression?
Burned
What economic effect did World War 1 have on plains wheat farmers?
The depression & drought hit farmers on the Great Plains Your Welcome ;D
Causes for Wheat Prices Increasing?
Over the past few years, the economy has had to deal with rising oil prices, tightened credit markets, and poor international economies. While all of these issues have slowed the economy, one issue that could create even more of a problem for people is the rising wheat prices. Wheat prices have continued to increase over the past six months. The increase in wheat is attributed to several factors. A primary reason why wheat prices have continued to increase has been that they are influenced by increasing demand. The overall population in the United States and across the world has continued to increase. What this has led to is a higher demand for wheat and other grains. At the same time, wheat has continued to be the grain of choice for health and fitness enthusiasts, which has made it an even higher demand grain. Beyond being used by people directly, wheat is also frequently served to farm animals, such as cows and pigs, which are then used to produce more food. Another key reason why wheat prices have continued to increase this year has been the hot weather. During the summer of 2012, temperatures reached an all-time high in the Midwest United States. At the same time, that aare of the country received much less rain than it typically does. This resulted in a significant drought, which prevented farmers from producing as much wheat as they normally would, and the wheat that is produced tended to be produced for a higher expense due to chemicals needed to treat it. This decreased supply, when coupled with the increased demand, has caused a much higher overall price for wheat. The third cause for the increasing wheat prices has been speculation in the market place. Wheat, corn, and other grains are traded as commodities on the open market. While the marketplace does a good job of preventing wild fluctuations in wheat prices, the recent speculation of wheat has led to vastly increasing prices. Traders of wheat have continued to predict that demand will continue to remain high and that the droughts across the country will continue, which will continue to result in higher wheat prices.
What did the fall in wheat prices cause farmers in the Great Plains to do in the 1920s?
There is an excellent article on what the Stock Market fall in 1929/1930 did to wheat prices, but it wasn't the price of wheat in the 1920's that caused farmers a problem. It was the great drought and dust bowl conditions that would not let the farmers get any crops planted and harvested. See the related link for further information. Go to TABLE 2, and read above it about surplus's and prices of agricultural products.
What effect did the fall in wheat price have on US farmers in 1920s?
They had to grow more wheat to make the same amount of money.
After experiencing a in wheat production the farmers earned prices per bushel were lower than anticipated?
surplus
Where did farmers strike during 1932?
Strikes by the farmers took place throughout the United States in 1932. These strikes were to protest the low prices they received for the products they were selling such as corn, wheat, and livestock.
What is average price of wheat in agriculture in 2009?
The price received by farmers for all wheat in 2011 averaged $7.44/bushel. A record high price ($8.02/bushel) occurred in 2008. Prices declined to $5.30/bushel in 2009 and $5.12/bushel in 2010. Durum wheat prices average $5.80/bushel in 2011. Hard red winter wheat prices ($7.04/bushel) and hard red spring prices ($8.38/bushel) were also near record levels. Prices for soft red winter wheat ($6.79/bushel), all white wheat ($6.59/bushel), and durum wheat ($9.20/bushel) were also very strong.
What economic problems confronted farmers in the 1890s?
-falling prices of wheat-rising costs of shipping grain-increasing prices of elaborate machinery-small farms couldn't compete with larger farms
What economic problems confront Americans farmers in 1890?
-fallinfg prices of wheat -rising costs of shipping grain -increasing prices of elaborate machinery -bonanza farms couldn't compete with smaller farms -Hisho
What was the life in the colonies?
Farmers would harvest wheat if it was the wheat season.
Why is wheat so important to Nevada?
wheat is important to Nevada because farmers grow wheat
What economic problems confronted American farmers in the 1890s?
-fallinfg prices of wheat -rising costs of shipping grain -increasing prices of elaborate machinery -bonanza farms couldn't compete with smaller farms -Hisho
What American industries did not boom during the 1920s?
Corn Wheat Cotton
True or false farmers raised such crops as grapes olives wheat and barley?
true- the farmers did raise crops such as grapes, olives, wheat, and barley
