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The American wheat farmer rode an economic roller coaster from the beginning of the 20th century’s first great war to the start of the second. Wholesale prices climbed sharply even before the United States entered World War I and peaked shortly after its end.
The resumption of European farm production flooded world markets in the Twenties, guaranteeing years of low prices. American agriculture was clearly mired in deep depression long before the stock market crash of 1929. By the early 1930s, many farmers were receiving less for their crop than its cost of production — a certain recipe for default and foreclosure.
Prices climbed briefly in the mid-1930s, only to plunge again. It was not until after American entry into World War II that sustained increases in price and demand occurred.
See discussion of the Depression in the U.S.
Receipt of Wheat Sales to the Confederacy THIS CERTIFIES that I received of Maj J. Copeland 31st August 1864 for account of the Subsistence Department of the Confederate States 273 Sacks Wheat Nett 30502 lbs 508.22/00 Bushells abt 15.00 per Bus ...
It is believed that Price was named after LDS Bishop William Price of Goshen, Utah, who explored the region in 1869. The area was originally a part of Sanpete County, and then was included in Emery County when it was created in 1880. Price was ...
A Bonanza in Wheat
The scale of California wheat farming boggles the mind. The state's largest wheat grower was Hugh Glenn, owner of a mammoth ranch in Colusa County that covered 66,000 acres. He produced more than half a million bushels of wheat each year. (DETAIL ...