Posted by Bill VA on April 17, 2016 at 15:04:51 from (216.98.66.63):
My Wife and I were talking and somehow the 1980 grain embargo put in place by the US, the timing of it and the hardships of the ag industry of that time.
How did the embargo impact farmers, industrial giants like IH, JD, MF, Ford, White - the industry as a whole.
Had the embargo not have happened, would Harvester had made it and still be with us today as IH vs CaseIH? What about other tractor and implement manufacturers?
Was the effect devastating to the family farm - pushing many out of business and off the farm?
Would the rise of corporate farms and BTO's have come about - or were they here and/or on the way at the time?
Did the embargo create or accelerate the rise of global competition, such as in Brazil?
Did the embargo just accelerate the arrival of today's ag business landscape as we know it or could it have been avoided?
Just curious as to your thoughts of the embargo and it's fallout - especially those of you that lived through it.
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