Abstract
AbstractThis paper analyses the response of Kansas wheat growers to major market intervention brought about by New Deal farm policies. Congress hoped to trigger a sharp price increase by persuading farmers to reduce the acreage on which they cultivated wheat. However, the actual responses in terms of planting strategies and farm machinery purchases are complex and only evident once the analysis is conducted at the county level. Marked regional variations in the impact of the weather during the ‘Dust Bowl’ decade also played a crucial role in this analysis. This article shows that even when considering a crop grown in a single state, the reaction of farmers to policy initatives can be varied and very difficult to predict.
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