Human Factors in Cotton Culture a Study in the Social Geography of the American
Human Factors in Cotton Culture a Study in the Social Geography of the American
Rupert Bayless Vance
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Failing in this method of securing profitable prices the cotton farmers like wheat farmers will be compelled to turn to governmental price controlling expediences, even though in the past agricultural leaders of the South have op- posed such methods of stabilizing prices at fair levels. It appears that the cotton trade does not desire reasonable re- serves as they penalize farmers when they exist. 26 Although they are often given, neither fluctuations in price per pound nor total values of the ...crop accurately relate the average producer of cotton to the hazards of the market. An index of the risk of the producer must combine two figures; viz. , the yield of the crop, large or small, multiplied by the average price. This figure may be secured by multiplying the average yield of pounds of lint per cotton acre by the average farm price per pound. The following table from 1909 to 1927 is based on the Department of Agriculture figures. 27 From 1889 to 1909 the statistics are compiled from Lea's Cotton Book.
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