Timeline for Does the United States throw wheat in the ocean to keep the prices high?
Current License: CC BY-SA 4.0
34 events
| when toggle format | what | by | license | comment | |
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| Sep 27, 2019 at 1:12 | history | edited | Laurel | CC BY-SA 4.0 |
added 18 characters in body; edited title
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| Sep 26, 2019 at 22:00 | history | edited | Laurel | CC BY-SA 4.0 |
fixed link
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| Mar 25, 2019 at 16:15 | comment | added | user22865 | If anything is 'destroyed' it will be by dumping it on the fields and plowing under (or similar low costs measures), but not by transporting it to sea, thereby adding additional costs. | |
| Mar 25, 2019 at 12:00 | review | Close votes | |||
| Mar 31, 2019 at 3:05 | |||||
| Mar 25, 2019 at 11:46 | comment | added | days of love iff good genes | Allowing this question to be so broad (wheat, milk etc.) has made the answers orthogonal. It would be impossible to pick one as best, because one is talking about milk dumping (a well known practice a long time ago) while another managed to dig up the special circumstance for the story that opened the question. The question is just too broad. | |
| Jan 13, 2017 at 17:26 | comment | added | ventsyv | There was a supreme court hearing on price controls recently (last couple of years or so) which mentioned something along the lines that the government can dispose of commodities but I think it was milk and/or corn they were talking about. I'll research it and get back with more details. | |
| Jan 13, 2017 at 16:39 | answer | added | DavePhD | timeline score: 7 | |
| Apr 21, 2016 at 7:05 | comment | added | user11643 | More likely, farmers are paid to not farm at all. This is called a subsidy and yes, it's explicit purpose is to control price. | |
| Apr 20, 2016 at 14:03 | answer | added | Erel Segal-Halevi | timeline score: 8 | |
| Aug 12, 2013 at 5:59 | history | tweeted | twitter.com/#!/StackSkeptic/status/366801136306495489 | ||
| Jul 25, 2013 at 15:10 | comment | added | vartec | There was FDR's AAA of 1933, but it was rather quickly ruled unconstitutional. Food was being destroyed, but no specific references to dumping grain into the ocean. | |
| Jul 18, 2013 at 11:30 | comment | added | Paul | Famous, but fictional, literature depicting California farms destroying food during the Great Depression (1930s) as hungry migrant laborers watched: en.wikipedia.org/wiki/The_Grapes_of_Wrath | |
| Jul 17, 2013 at 21:18 | answer | added | user5582 | timeline score: 15 | |
| Jul 17, 2013 at 19:50 | comment | added | RedGrittyBrick | Voting to close. No one notable made the exact claim in the title. The three questions are too broad. | |
| Jul 17, 2013 at 14:07 | comment | added | user5582 | This is all interesting talk, but most of it belongs in chat, since it isn't helping to improve the question. | |
| Jul 17, 2013 at 14:03 | comment | added | Mark Rogers | @ratchetfreak - Sure but the US government subsidizes our agro-business so that there is not as much incentive to destroy crops. But admittingly there is still a slight motive to do so there. | |
| Jul 17, 2013 at 13:35 | comment | added | RedGrittyBrick | @Andrew: I know the CAP of the EU (and/or it's predecessor) used to purchase surpluses and put them into intervention storage but I've never heard of the EU dumping wheat at sea - that would be at odds with normal EU behaviour - the intervention stocks are (ostensibly at least) partly in case of food shortage - not just for stabilizing prices. | |
| Jul 17, 2013 at 12:18 | comment | added | Ryathal | they aren't destroying produce, but many potato farmers are holding on to their crops because the price is so low right now. | |
| Jul 17, 2013 at 11:08 | history | edited | Saman | CC BY-SA 3.0 |
Fixed a typo
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| Jul 17, 2013 at 8:48 | comment | added | Pieter B | nl.wikipedia.org/wiki/Doordraaien (dutch) translate.google.nl/… | |
| Jul 17, 2013 at 8:33 | comment | added | ratchet freak | @MarkRogers overproduction leads to lower prices for the farmers which can lead to them running at a net loss. so the farmers themselves can agree amongst themselves to destroy some of their crops to get a higher price | |
| Jul 17, 2013 at 8:06 | comment | added | Oddthinking♦ | @Pieter, have you a reference for that claim? | |
| Jul 17, 2013 at 6:56 | comment | added | Pieter B | @HamidH In the Netherlands Agriculture products are auctioned by Dutch Auction. When the reserve price isn't met the products will be destroyed. | |
| Jul 17, 2013 at 6:49 | comment | added | Saman | @Oddthinking Thank you for the edit. You are right. The third question is too broad. By history, I meant recent history. Has this happened in the past 70 years? | |
| Jul 17, 2013 at 3:45 | comment | added | rjzii | This question appears to be off-topic because it is too broad and has too many sub-parts to the question. | |
| Jul 17, 2013 at 2:16 | comment | added | Mark Rogers | I don't think there's ever been a deliberate US government policy to throw wheat in the ocean in the last 30 years. Mostly the opposite is true, the US produces more than it needs and then gives the extra away as aid or it gets exported. There is strategic and economic value in always being able to overproduce. But as mentioned it's kind of hard to prove that it's never happened, though I think it's never happened officially. | |
| Jul 17, 2013 at 2:01 | comment | added | Oddthinking♦ | Your third question is even more open. The Boston Tea Party could be attributed to smugglers of Dutch teas and legitimate tea importers not nominated on the Teas Act trying to maintain higher prices for their goods. | |
| Jul 17, 2013 at 1:58 | comment | added | Oddthinking♦ | The question will be rather difficult to refute. Asking if any US company has ever destroyed agricultural products over a period of 300+ years is hard to falsify. If the actual claim is that the US Government did it in 2008 or 2009 we have a better chance of addressing this. | |
| Jul 17, 2013 at 1:53 | history | edited | Oddthinking♦ | CC BY-SA 3.0 |
Incorporated edits into main text, removing obsolete text.
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| Jul 17, 2013 at 1:41 | comment | added | Golden Cuy | I thought it was the EU (or some European organization) that did that, to deal with gluts of agricultural produce. | |
| Jul 16, 2013 at 23:18 | history | edited | Saman | CC BY-SA 3.0 |
Added link to an example for notablity.
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| Jul 16, 2013 at 22:58 | review | Close votes | |||
| Jul 29, 2013 at 3:03 | |||||
| Jul 16, 2013 at 22:53 | review | First posts | |||
| Jul 17, 2013 at 18:44 | |||||
| Jul 16, 2013 at 22:35 | history | asked | Saman | CC BY-SA 3.0 |