U.S. agriculture in 1980
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The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society.
CARD researchers develop and apply economic theory, quantitative methods, and interdisciplinary approaches to create relevant knowledge. Communication efforts target state and federal policymakers; the research community; agricultural, food, and environmental groups; individual decision-makers; and international audiences.
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Abstract
Two major problems have troubled American commercial agriculture over the last decade or longer. These problems are related, but not identical.
l. The Overproduction Problem. The first problem is the tendency for U.S. farmers to produce too much -- and for farm incomes to be depressed.
2. The Input Makeup of Farming. But there is a second problem that will be with us whether the excess capacity problem remains or evaporates. This second problem relates to the relative mix of labor and capital items used in farming, and hence, to the size and number of farms and to the farm and rural community population.