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Nixon/Carter,exports,world
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dairyman78
Posted 11/22/2012 10:24 (#2710637 - in reply to #2709899)
Subject: RE: Nixon/Carter,exports,world


S.C. Wisconsin
I was one of those farmers during that period. When Reagan took office they said they were going to remove the grain embargo at some time. I sold my corn for $3.40 a bu on the farm before the embargo was lifted. Corn was all down hill for a long time after the embargo was lifted. Evidently everybody unknown to me everybody was sitting on their corn until the embargo was lifted.It taught me a lesson that you shouldn't always follow the crowd. I will add that the value of the dollar went up leaving our exports dead in the water.

Edited by dairyman78 11/22/2012 10:26
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