SEGMENT: FARM BUSINESS, GOVERNMENT PROGRAMS, & LAND ACQUISITION

Bill Clausen>NIU Collection>NIU Collection, Segment 6

SEGMENT: FARM BUSINESS, GOVERNMENT PROGRAMS, & LAND ACQUISITION,

duration 10:15
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FARM BUSINESS
Discussion of farming after WWII noting that grain farmers in the Corn Belt had little competition from rest of world.
GLOBAL POLITICS
Creating worldwide competition by teaching other nations to grow corn/wheat. Talks about India, China, Brazil. Good policies in humanitarian terms, but created competition. Notes "Green Revolution." He uses a department store analogy to illustrate bartering that is unique to farmers, how they're subject to the whims of the market.
GOVERNMENT PROGRAMS
Changes in farming can be traced to government programs, especially with FDR in Depression years. Wide ranging, but insightful discussion of the impact of legislation and government intervention/support of the industry, federal programs disturb the balance of the economy. Discusses machinery purchase and upgrade, tax breaks, & farm acquisition promoted by government programs. "Farming the government policy…."
LAND ACQUISITION
Again notes that growth of farm size was promoted by government programs. Guesses at average acreage farmed in post-WWII years & notes what he farmed at the time of the interview.