Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Joan Osland Graffius who wrote (22798)	8/17/2002 11:58:10 PM
From: Ilaine	Read Replies (1) of 74559

Hi Joan - my guess (tell me if I am right) is that in the Dakotas larger farms were the norm, anyway. Down in the Deep South, where I am from, the migration of former sharecroppers to Northern cities began before WWII. The Mississippi flood of 1927 wiped out a lot of farmers, even more sharecroppers, but so did the Great Deflation in farm prices that began in 1921. Bad times on the farm started in 1921, and seemingly have never ended. Bad times here in Virginia due to the drought. Very warm dry winter, freakish cold spring, then hot dry summer. Lots of apples and grapes killed by a late frost. 80% of the corn and soybean crops wiped out by the drought. Oh, well, the Virginia wine festival is tomorrow. We'll go and talk to people and see what's what.

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