New Deal

Farmers in America did well out of the New Deal. The farmers of America did not prosper in the so-called Roaring Twenties. They were simply too successful in that they produced far too much for the American market. With western Europe as a market effectively closed to them as a result of a tariff war, the farmers could only sell in America. Too much product for too few people caused prices to plummet. Farmers had to sell to whoever would offer a price for their goods. Bankruptcy followed bankruptcy among farmers in the mid-West.