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acd21man 
Orange Level
Joined: 07 Jan 2010
Location: tn
Points: 831
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 Topic: 1979 tractor cade
Posted: 02 Nov 2016 at 7:01pm |
who can tell me about this iv seen the videos before what did jimmy carter do to the farmers i was reading the signs on the tractors and was amazed
https://www.youtube.com/watch?v=vu826as2LUU
https://www.youtube.com/watch?v=I3K4YMzrlFQ
maybe my links work
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2 wd 45,2 D-17 diesel/gas 3 pt, 220,d21, 4020,2 4430s used daily http://www.youtube.com/channel/UCudh8Xz9_rZHhUC3YNozupw
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acd21man
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Joined: 07 Jan 2010
Location: tn
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Posted: 02 Nov 2016 at 7:04pm |
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2 wd 45,2 D-17 diesel/gas 3 pt, 220,d21, 4020,2 4430s used daily http://www.youtube.com/channel/UCudh8Xz9_rZHhUC3YNozupw
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CrestonM
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Joined: 08 Sep 2014
Location: Oklahoma
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Posted: 02 Nov 2016 at 7:54pm |
http://www.youtube.com/watch?v=nOAXvg0AvkM
This seems to explain both it and part of the demise of A-C.
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acd21man
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Posted: 02 Nov 2016 at 8:01pm |
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i was reading and come across some farm crisis stuff
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2 wd 45,2 D-17 diesel/gas 3 pt, 220,d21, 4020,2 4430s used daily http://www.youtube.com/channel/UCudh8Xz9_rZHhUC3YNozupw
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CrestonM
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Location: Oklahoma
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Posted: 02 Nov 2016 at 8:03pm |
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I'm still curious about it. Can anyone that was around then explain?
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acd21man
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Posted: 02 Nov 2016 at 8:04pm |
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^^^ thats what i wana know .... maybe we need to have another one lol
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2 wd 45,2 D-17 diesel/gas 3 pt, 220,d21, 4020,2 4430s used daily http://www.youtube.com/channel/UCudh8Xz9_rZHhUC3YNozupw
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SLee(IA)
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Joined: 11 Sep 2009
Location: Polk City, Iowa
Points: 271
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Posted: 02 Nov 2016 at 8:14pm |
My version. Early 70's government opened up export sales of grain to Soviet Union and china. Plant fence row to fence row. Grow all you can. Late 70's. Interest rates hit 15-20% Inflation is 20%. Soviet Union invades Afghanistan so President Carter embargoes wheat sales to the Soviet Union. Grain markets crash. Start of the 80's farm crisis. Bad times for many. Many failed farmers and quite a few suicides in agriculture. Bad deal for all. That's the way I remember it. Steve
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CrestonM
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Posted: 02 Nov 2016 at 8:15pm |
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So it's Carter's fault?
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CrestonM
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Location: Oklahoma
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Posted: 02 Nov 2016 at 8:17pm |
 SLee(IA) wrote:
Plant fence row to fence row. Grow all you can.
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That's almost a direct quote from a Iowa PBS documentary I'm watching now about the farm crisis. It's really good. There's an L2 in it!
Edited by CrestonM - 02 Nov 2016 at 8:18pm
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Ray54
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Joined: 22 Nov 2009
Location: Paso Robles, Ca
Points: 4763
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Posted: 02 Nov 2016 at 8:43pm |
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I rented my first ground in 78 and that is how I remember things as well. Don't think China had us buttered up to supply them yet thought. I don't remember how farmers welfare worked at that time ether. That first ground belonged to a purest that never took any goverment money so it had no history. No I am not that pure I take all that I know about and am eligible for. The crop insurance has been a real life saver with the 5 years of drought we are having.
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Charlie175
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Joined: 11 Sep 2009
Location: Shenandoah, VA
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Posted: 03 Nov 2016 at 5:53am |
I remember it as a kid, loved watching the news and seeing the tractors. There is a IH 1486 (IIRC) in the Smithsonian from the drive. Farmer donated it to the museum.
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Charlie
'48 B, '51 CA, '56 WD45 '61 D17, '63 D12, '65 D10 , '68 One-Ninety XTD
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AC7060IL
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Joined: 19 Aug 2012
Location: central IL
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Posted: 03 Nov 2016 at 5:58am |
SLee(IA) wrote:
My version.Early 70's government opened up export sales of grain to Soviet Union and china. Plant fence row to fence row. Grow all you can. Late 70's. Interest rates hit 15-20% Inflation is 20%. Soviet Union invades Afghanistan so President Carter embargoes wheat sales to the Soviet Union. Grain markets crash. Start of the 80's farm crisis. Bad times for many. Many failed farmers and quite a few suicides in agriculture. Bad deal for all. That's the way I remember it. Steve |
Also, Federal Landbank called their farm loans. They wanted their money. My Dad struggled to keep his loan interest paid on one of their land loan. He did it by selling some cows. Unlike today, most farms were diverse with both crops & livestock. We grew corn, soybeans, wheat, clover, & alfalfa for crops. We had 50 head of cow-calf, feedlot calves, 300 head fat hog operations, 50-100 layer hens, & we butchered our own meats. . Earl Butz, US Agriculture Secretary of State 1971-1976, said, "farm from fence row to fence row." In the following years, livestock & haying crops left many farms & that business became large corporate feedlots.
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PaulB
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Joined: 12 Sep 2009
Location: Rocky Ridge Md
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Posted: 03 Nov 2016 at 6:15am |
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I remember going to see them drive through my local area on the way to DC. I think it took a couple of hours for all of them to pass. Many of them were just left in DC as they were so broke they couldn't afford to drive them home. I know of a couple of farmers that went down with a transfer tanks of fuel to give to some of them that they knew to get them on their way. As always government policies to influence
markets always become a disaster. Pretty much the same thin happened in the early 1900s when farmers were encouraged to grow all the whet they could to support Europe during WW1. After the war ended the price of wheat fell to pennies a bushel. Most farmers planted more to try to overcome the low price, then the drought came. When farmers were left alone and they took care of their own needs they made it. get too big and your a slave to the changes. I knew some big farmers down in Montgomery county that when corn dropped below the cost to grow it only planted more acres banking on government programs to make up the difference. Had they been able to store a crop and not plant for a year or two they may still be farming today. Now there's nothing but houses today and the younger ones have next to nothing as the generation before spent the money like water.
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If it was fun to pull in LOW gear, I could have a John Deere.
Real pullers don't have speed limits.
If you can't make it GO... make it SHINY
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JayIN
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Joined: 18 Dec 2009
Location: SE/IN
Points: 1982
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Posted: 03 Nov 2016 at 7:16pm |
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It was pretty bad.Carter will always be the Goat in this part of the country. On the other hand, I bought 107 acres with a 10,000 bushel grain bin and barn and 4 bedroom house for $88,000. NOBODY was interested in it but me. But I was 26 and had nothing to lose. Older,smarter farmers didn't want to stick their neck out. We would have never survived without me driving the school bus and my wife working in town. "It was the best of times,it was the worst of times" Bought a stuck WD for $200. A 4 row Allis 500 planter for $50. Case 1 row picker for $100. 63 F500 truck for $700. D15II with a loader with a knock in the motor for $750. But somebody had to lose the place for me to buy it. That was the sad part. Lots of people lost everything. Nobody but a dumb kid woulda done it.
Edited by JayIN - 03 Nov 2016 at 7:18pm
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sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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jiminnd
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Joined: 16 Sep 2009
Location: Rutland ND
Points: 2307
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Posted: 03 Nov 2016 at 9:20pm |
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Memory is short but I remember Federal Land bank and some 18% interest, did some refinancing and after a few years I gave back some land I had on Contract for deed and started working full time off farm and saved the rest of the farm. Wife also worked several different jobs, not a good time.
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1945 C, 1949 WF and WD, 1981 185, 1982 8030, unknown D14(nonrunner)
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allischalmerguy
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Joined: 11 Sep 2009
Location: Deep River, IA
Points: 2893
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Posted: 07 Nov 2016 at 1:59pm |
SLee(IA) wrote:
My version.Early 70's government opened up export sales of grain to Soviet Union and china. Plant fence row to fence row. Grow all you can. Late 70's. Interest rates hit 15-20% Inflation is 20%. Soviet Union invades Afghanistan so President Carter embargoes wheat sales to the Soviet Union. Grain markets crash. Start of the 80's farm crisis. Bad times for many. Many failed farmers and quite a few suicides in agriculture. Bad deal for all. That's the way I remember it. Steve |
And some had bought some high priced ground and with low crop prices and high interest rates they lost every thing....some were trying to expand to add a son or daughter to the farm operation...tough times indeed
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It is great being a disciple of Jesus! 1950 WD, 1957 D17...retired in Iowa,
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JCFarms
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Location: Louisiana
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Posted: 08 Nov 2016 at 1:28pm |
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With us, Cloverdale, IN. Three bad years with drought then flood. Then Jimmy Carter's embargo. Went bankrupt. Reagan continued the embargo, He sucked too!
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