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Farm Crises In The US
Beginning of Essay
The farm crisis in America has struck millions of families. The devastation of low crop prices and the declining livestock prices has driven many families to poverty, or worse. Many Americans do not realize the affect of low prices on farmers, or the flooding of f .... Middle of Essay .... stop only helped the farmers a little bit.
Low grain prices are the talk of the crisis. Prices of grain are lower than what they were in the 1930's, during the Great Depression (Williams 8). Soybeans have hit their lowest price since 1972, about four dollars a bushel. This is less than most farmers' cost of production. Worldwide prices of wheat are at their lowest levels, yet Canadian grain farmers receive fewer price supports than the US and Europe. The drought in Montana has caused prices to slump. With the Canadian export policies ad the 1996 Freedom of Farmers Act has painfully decreased US subsidies to grain farmers.
Since the low prices, s ....
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Words: 921 - Pages: 4
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