What did farmers sell their wheat for in 1931?

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1050088

2026-07-25 00:50

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In 1931, during the Great Depression, farmers faced significantly low prices for their wheat due to oversupply and reduced demand. Wheat prices plummeted, often falling to around 30 to 40 cents per bushel, a stark contrast to pre-depression levels. Many farmers struggled to make a profit, and some even faced financial ruin as a result of these low prices.

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