THE AGRICULTURAL SITUATION IN CALIFORNIA
AS PRESENTED BY
Tae Starr oF THE COLLEGE OF AGRICULTURE
THE FRUIT SITUATION
Much has been written and said about the post-war agricultural
depression. Everybody agrees pretty well that there has been a
depression in agriculture. The farmer’s dollar is not worth as much
as it used to be. That is to say, the farmer cannot purchase as much
of other commodities with the money he receives for a unit of his
product today as he could before the war. His purchasing power is
lower.
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fig. 1.—Purchasing power of farm products in terms of non-agricultural
commodities. 1910-1927.
The changes in the purchasing power of farm products in terms
of non-agricultural commodities are shown in figure 1. You will
notice that the purchasing power began to decline in 1919, and
continued downward through 1920, reaching a low point in 1921 and
1922. Between 1922 and 1925 there was considerable recovery. The
drop in 1926 was chiefly due to the low price of cotton; but now
the curve is again back to the level it reached in 1925.
In this eurve of purchasing power of farm products the changes
are of course different from the experiences of many of our California
erops. This eurve is largely made up of the prices of the great
national crops such as wheat, corn, barley, potatoes, and the livestock
products.