The Abyss, 1926–1932

Observers of southern agriculture had long predicted that flue-cured tobacco growers were headed for disaster. By the late 1920s, the handwriting was clearly on the wall. Efforts to reform the highly prejudiced marketing system had failed. Besides the inherent bias of few buyers and many sellers, gr...

Full description

Saved in:
Bibliographic Details
Published inLong Green p. 108
Main Authors Eldred E. Prince, ROBERT R. SIMPSON
Format Book Chapter
LanguageEnglish
Published University of Georgia Press 01.01.2013
Subjects
Agricultural economics
Agricultural geography
Agricultural land
Agricultural sciences
Agricultural seasons
Agriculture
Agronomy
Atmospheric sciences
Biological sciences
Business
Business administration
Business operations
Business structures
Climatology
Collective farms
Commerce
Cooperatives
Corporate communications
Crop economics
Crop production
Crops
Economic disciplines
Economics
Environmental studies
External corporate communications
Farm economics
Farming
Farmlands
Farms
Field crops
Market prices
Marketing
Prices
Pricing
Seasons
Specialty crops
Tobacco
Online AccessGet full text

Cover

More Information
Summary:Observers of southern agriculture had long predicted that flue-cured tobacco growers were headed for disaster. By the late 1920s, the handwriting was clearly on the wall. Efforts to reform the highly prejudiced marketing system had failed. Besides the inherent bias of few buyers and many sellers, growers were victimized by secret grading systems and predatory speculators who sought to profit at their expense. To make matters worse, farmers reduced their already weak bargaining position to groveling impotence by their chronic tendency to overproduce. This devastating practice eventually swamped the market with surplus tobacco, drove prices below the cost of production,
ISBN:0820321761
9780820321769