SEGMENT: CHANGES IN FARM BUSINESS & GOVERNMENT PROGRAMS

Bill Clausen>NIU Collection>NIU Collection, Segment 6

SEGMENT: CHANGES IN FARM BUSINESS & GOVERNMENT PROGRAMS,

duration 11:36
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FARM BUSINESS
Survival depended on remaining in debt. Availability of loans allowed many farmers to acquire more land. Boom bubble burst, equity decreased rapidly.
GLOBAL POLITICS
Farming success tied to oil costs.
CHANGES IN FARM BUSINESS
Discusses how neighbors could rely on each other to bring crops in in the case of sickness, etc. Describes "young tigers," aggressive new farmers, different training, almost like a new breed of farmers. Interested in great profit rather than existence. Would take advantage of neighbors in sickness rather than help them, for example. Further discusses the connotations of the term "young tiger." Shift from positive to negative. Adapting to the conditions of the time, politics, government, land. Recalls predictions of not being able to meet world demand in the future (1990s). Young farmers (1970s), easily acquired land in the 1970s. Further discusses the connotations of the term "young tiger." Shift from positive to negative. Adapting to the conditions of the time, politics, government, land. Recalls predictions of not being able to meet world demand in the future (1990s).
LAND
Changes in Farming Methods; Land
GOVERNMENT PROGRAMS
Estimates return he got on his crops in the 1970s. Talks about how profit works in light of government programs. Talks about divine intervention (for better or worse.)