Greatest FORMER President in history/J. Carter
20 responses | 1 like
Started by metmike - Feb. 18, 2023, 7:49 p.m.

Jimmy Carter, the 39th U.S. president, enters hospice care

https://www.npr.org/2023/02/18/1158166497/jimmy-carter-enters-hospice-care


Most will disagree with the title because they only look at what this 98 year old accomplished during his 4 years as president. By that metric, he wasn't close to the greatest president......though he led our country with more integrity and honesty than any president in my lifetime by an extremely wide margin, which gets high scores in my book.  

However, if you judge him by what he did to make the world a better place during his LIFE.......the true measure of a man or woman(not what they did in 4 years at 1 job) then he blows away every other FORMER president.

He used his position as a former president to help people, selflessly committed to exploiting that title and recognition for only good things, while remaining humble and caring little about himself.

Compare that to many of our politicians. One in particular that allowed his name and power as VP to be abused for self serving interests that went far beyond corrupt nepotism. Involved in several  self enriching schemes for him and his family using nothing but his title and influence peddling as VP......at the expense of others, some that were HURT(including his country)  in order to benefit him/his family.  

This was the ANTI Jimmy Carter mentality.

Comments
By metmike - Feb. 18, 2023, 7:56 p.m.
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There might not be a person on the planet with this many accomplishments/awards below!

https://www.marketforum.com/forum/topic/93232/

  • List of awards and honors received by Jimmy Carter

     

 

Former President and Navy submariner Jimmy Carter (left) hoists a replica of the USS Jimmy Carter (SSN-23) given to him by Secretary of the Navy John H. Dalton (right) at a naming ceremony in the Pentagon on April 28, 1998.

U.S. President Jimmy Carter (born October 1, 1924) has received numerous accolades, awards, and honorary degrees. Several places, institutions, and other things have been named for him.

Honorary degrees and memberships

Carter has received honorary degrees from many American and foreign colleges and universities. They include:

He was made an honorary member of The Phi Beta Kappa Society at Kansas State University in 1991.[6]

Accolades

Among the honors Carter has received are the Presidential Medal of Freedom in 1999 and the Nobel Peace Prize in 2002. Others include:

Namesakes

Navy submarine

In 1998, the U.S. Navy named the third and last Seawolf-class submarine the USS Jimmy Carter (SSN-23) in honor of former President Carter and his service as a submariner officer. It became one of the first Navy vessels to be named for a person living at the time of naming.[20]

Fish species

In 2002, a fish species was given a scientific name after him, the bluegrass darter (Etheostoma jimmycarter), for his environmental leadership and accomplishments in the areas of national energy policy and wilderness protection, and his lifelong commitment to social justice and basic human rights.[21]

Grammy Awards

President Carter has been nominated for the Grammy Awards 9 times in the Best Spoken Word Album category, winning three times.[22]

Spoken Word Grammy

YearCategoryNominated workResult
1997Best Spoken Word AlbumLiving FaithNominated
1998Best Spoken Word AlbumThe Virtues of AgingNominated
2001Best Spoken Word AlbumAn Hour Before DaylightNominated
2006Best Spoken Word AlbumOur Endangered Values: America's Moral CrisisWon
2007Best Spoken Word AlbumSunday Mornings In Plains: Bringing Peace To A Changing WorldNominated
2009Best Spoken Word AlbumWe Can Have Peace In The Holy LandNominated
2014Best Spoken Word AlbumA Call to ActionNominated
2015Best Spoken Word AlbumA Full Life: Reflections at 90Won
2018Best Spoken Word AlbumFaith - A Journey for AllWon
  • His win in 2019 at the age of 94 years and 132 days made him the third oldest person to win a Grammy. Record holder is Pinetop Perkins, who was 97 when he won a Grammy in 2011 (one month before his death). Carter is the oldest Grammy winner who is still alive.
By 12345 - Feb. 18, 2023, 9:58 p.m.
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SEEMS HE'S BEIN' RESEARCHED, AS I "SPEAK"

CARTER

By joj - Feb. 20, 2023, 6:21 a.m.
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I've been a contributor to Habitat for Humanity for over 30 years.  A great organization created by the former president.

His integrity while in office may have been his undoing.  He would not compromise his principles no matter the political consequences.  The art of politics is compromising.  Has there ever been a politician who didn't lie?

But his greatest accomplishment by far as president was the peace accord between Israel and Egypt.  A peace that has lasted over 40 years.  Many books have been written about it.  I read the book by Ezer Weizman, "Battle for Peace".  Weizman was the Israeli defense minister at the time of the negotiations.  He states unequivocally that without Carter, it would not have happened.  

Prime minister Menachem Begin, Israel's right-wing hawk, and Egypt's Anwar Sadat got into bitter disputes about past grievances after 2 days at Camp David and would not even talk to each other.  Sadat's bags were packed and he was about to leave.  Carter ran back and forth between them for 11 days, keeping the process alive until an accord was achieved.

Here is a good article summarizing it:

https://www.history.com/news/jimmy-carter-camp-david-accords-egypt-israel

His other accomplishment while in office, which he rarely gets credit for, was appointing Paul Volker as Federal Reserve chairman, who is credited with slaying the inflation of the 70s and laying the groundwork for the economic liftoff of the 80s.

By metmike - Feb. 20, 2023, 12:05 p.m.
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Great post, joj! 

Has there ever been a politician who didn't lie?

Other than Carter, of course not in our lifetime. 

You make great points on his positive impacts in the Middle East. Most American presidents have been obsessed with oil in the Middle East and have created hatred for America in the Arab world with our decades of political and military interventions, using them for our self serving interests. Feeding the US military industrial complex.

This was the ANTI Carter mentality. A man of legit peace and love, not hate and war.

Spiritual, not materialistic. Standing up for ethics and morals and doing what's right, not what's best for his/our political agenda(other than his altruistic agenda being noted)

Caring for and lifting up the poor to make the world a better place for those that have the least. Not enriching those that have the most while lining his own pockets.

And maximizing the exploiting of his influence as a past president of the most powerful country in the world to make that world a better place. 

Greatest American in global history by an extremely wide margin when it comes to what matters the most. 

Brilliant Americans and others in the world have made great discoveries that led to wonderful things in our world by applying their scientific genius. They may have been smarter than Carter but they were not driven by the same objectives.

He was able to carry a message of love, hope and caring with constant physical acts and verbal lessons of elite spiritual leadership which are at the top in the modern world. 




By metmike - Feb. 20, 2023, 12:16 p.m.
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The Iran hostage crisis really hurt him bad, along with high inflation and unemployment when he lost to Reagan.

The failed rescue was extremely embarrassing. 

Our family was solidly in the  Jimmy Carter camp and my Dad's response during Reagan's first term was "He's a professional actor playing the greatest role in his life"


Jimmy Carter and the Iran Hostage Crisis

https://billofrightsinstitute.org/essays/jimmy-carter-and-the-iran-hostage-crisis

By metmike - March 20, 2023, 2:27 p.m.
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We need a leader with a fraction of the mindset of President Carter to help our country heal right now!

By metmike - March 24, 2023, 2:55 p.m.
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Former President Jimmy Carter Built My House—and Changed My Life 

Samantha FaccioloSamantha FaccioloUpdated: Mar. 22, 2023

https://www.rd.com/article/jimmy-carter-housing/

By cutworm - May 16, 2023, 9:57 p.m.
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ST. Carter used food as a weapon not a thing to help the poor in Russia( Russian grain embargo)

The United States grain embargo against the Soviet Union was enacted by US President Jimmy Carter in January 1980 in response to the Soviet Union's invasion of Afghanistan in 1979. The embargo remained in effect until Ronald Reagan ended it in 1981 upon taking the office of president. American farmers felt the brunt of the sanctions, and it had a much lesser effect on the Soviet Union, which brought the value of such embargoes into question.[1] During the presidential election campaign of 1980, Reagan, the Republican nominee, promised to end the embargo, but Carter, the incumbent Democratic nominee, was not willing to do so.[2]

United States grain embargo against the Soviet Union - Wikipedia

----------------

Don't know  but I think the FED did a bad job JMHO

US Inflation Rate by Year: 1929-2023 (thebalancemoney.com)

Inflation and interest rates

year     inflation             intrest rate

19764.9%
4.75%Expansion (5.4%) 
19776.7%
6.50%Expansion (4.6%) 
19789.0%
10.00%Expansion (5.5%) 
197913.3%
12.00%Expansion (3.2%) 
198012.5%
18.00%Jan. peak (-0.3%)Recession
19818.9%
12.00%July trough (2.5%)Reagan tax cut
19823.8%
8.50%November (-1.8%)Recession ended
19833.8%
9.25%

By cutworm - May 16, 2023, 10:29 p.m.
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as I  remember the early 80's was the worst time for farmers. 

1985

Willie Nelson, Neil Young and John Mellencamp organized the first Farm Aid concert in 1985 to raise awareness about the loss of family farms and to raise funds to keep farm families on the land.

They were burning crosses in the early 80's

High intrest rates, low crop prices from our market being destroyed from the embargo... it was bad.

then the worst recession of my time....


By cutworm - May 17, 2023, 7:36 a.m.
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I will grant you that Carter was the best FORMER president, But that bar is very low.

JMHO

Didn't Obama get the Nobel Peace Prize 

By WxFollower - May 17, 2023, 8:22 a.m.
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 I agree with Carter being the best former POTUS. However, I feel GHWB deserves an honorable mention:

 "In his retirement, Bush used the public spotlight to support various charities.[292] Despite earlier political differences with Bill Clinton, the two former presidents eventually became friends.[293] They appeared together in television ads, encouraging aid for victims of the 2004 Indian Ocean earthquake and tsunami and Hurricane Katrina."


The phrase "a thousand points of light" was popularized by U.S. President George H. W. Bush and later formed the name of a private, non-profit organization launched by Bush to support volunteerism.

https://en.m.wikipedia.org/wiki/George_H._W._Bush



By metmike - May 17, 2023, 11:48 a.m.
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Thanks, Larry!

I agree that Bush-1 deserves recognition for using his prominency status as a previous president to help make the world a better place for everybody on both sides of the aisle. This is the true testament to what's in their hearts and what this thread is about. 

Everybody,

This is what the world and specifically what the United States needs right now more than everything else combined.

Leaders that have much more than just good political policies appealing to one side. 

We have hundreds from both sides that can attract followers already. Take your pick, whether you're from the right......extreme right or the left......extreme left.

There's no shortage of charismatic, convincing sounding characters that make a great case for their political agenda and against the case of their opponents political agenda.

In 2023, politicians generate support by appealing to mainly one side. 

In 2023, if you go for everybody's support..........you end up with NOBODY'S support.

In 2023, the extreme's generate the most tenacious supporters. 

In 2023, party allegiance and ideologies (identity politics) are most important.

In 2023, both leading candidates for president generate extreme hatred/disdain from the other party. If this holds up(it shouldn't) It would be the 3rd consecutive presidential election determining the winner by virtue of the other person being hated the most and both having a higher unfavorable rating compared to favorable rating by the majority of people in this country. 

In 2023, the most effective way to generate political support is to stand for hatred of the other sides extremes. 

In 2023, this is the polar opposite of leadership that can unite us. The opposite of leadership sending positive messages that appeal to both parties based on them stepping outside of the political tribes and caring about every single person, not just getting elected by exploiting the current dysfunctional political dynamics. 

I have more to add for cutworm!


By metmike - May 17, 2023, 12:22 p.m.
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cutworm,

Thanks for your sincere response.

You make a good comment about the grain embargo that Carter shocked the markets with in January 1980(a big reason for his defeat later that year) being a catastrophic blunder. 

So let's discuss this a bit more with the actual facts. Farmers have always had this very distorted view of the realities which blames most of the bad things happening to them on Carter.

Before getting started, let's just mention that your post demonstrates what I've been saying about the divisiveness in this country. 

This thread has totally been about how a human being using his presidency, not for self enriching benefits but instead, for 4 decades worth of making the world a better place by busting his butt and making selfless sacrifices at a time in his life that others like him considered as retirement. 

While other presidents considered their greatest achievement as being the leader of the most powerful nation on earth.......Carter, USED that achievement as a stepping stone to get to the achievements that mattered the most to him.

I don't expect everybody to appreciate this, even while looking at the hundreds of recognition awards he earned.

https://www.marketforum.com/forum/topic/93232/#93233

The reason for others to NOT truly be able to appreciate this in 2023 is if you're a Republican. Carter was a D.  R's see Reagan as their hero and Carter as the goat because he was a D. 

So of course, cutworm the R, who supports Trump would take a thread about the man doing the most in history to help people on this planet and use it to actually bash that person because he is a D.

It's perfectly fine to bring up the politics, which are now being discussed but this thread had been about a more important topic than political agenda. It's about positive leadership and honestly and credibility  when it comes to the ethical behavior of those people and how that defines TRUST in them. We should judge people by their actions, not the disingenuous words of most politicians.

Facts that relate to this about crops in the 60's-80's coming next. 

By metmike - May 17, 2023, 1:02 p.m.
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Unlike what most farmers think, the grain embargo did NOT cause prices to be much lower.

Here's some price charts for corn for those years.  In fact, during the late 1970's during the Carter administration, prices were the highest in history. During Carter's first year in office, the price of corn dipped below $2 then turned up sharply with help from his policies.

The C price remained historically high (by those standards) for 4 years AFTER the grain embargo! Part of that was because of the drought of 1983 that ate up alot of the storage surplus. 


https://www.macrotrends.net/2532/corn-prices-historical-chart-data


https://tradingeconomics.com/commodity/corn

+++++++++++

One of the reasons that Carter thought the grain embargo of 1980 would bite Russia is that they had a crop failure in 1979. Demand that was NOT there before to replace their crop losses was already contracted out for US grain products when Carter jumped in to block these huge, 1 year purchases to replace their lost grain production. 

Carter figured wrong. Russia just went elsewhere to get their grain and then their production came back, so they didn't need us anymore.

Also, even back then this was a global market. Russias crop failure in 1979, caused global prices to remain elevated. US farmers still benefited with the elevated prices, however, they DID lose alot of sales because of the embargo and corn stocks remained extremely high.

Why were corn stocks so incredibly high for decades in the US? Not from the embargo but from technology and especially the introduction of synthetic fertilizer that gave corn all the nitrogen it needed to help maximize its potential. Low N was the main reason for corn's low yields before.

Another secret about fossil fuels:Haber Bosch process-fertilizers feeding the planet using natural gas-doubling food production/crop yields. September 2019

https://www.marketforum.com/forum/topic/39215/

Image


In the 1960's/70's, corn yields rapidly doubled MUCH faster than the world/animal population using it. So there was a glut in supply/storage. This made it impossible for corn prices to get any upward traction.

There were various farm programs to try to help farmers, the most famous, the PIK(payment in kind) program and set aside CRP programs designed to pay farmers  for acres they did NOT use for production as environmental programs. Also price support programs that backfired.  We could devote pages on this. However the point is............NONE of them worked well because farmers were just too good at producing too much corn, regardless of the programs thanks to N fertlizer, hybrid seeds and huge tractors/machines replacing what used to be horses earlier in the century. 

+++++++++++++

"Lessons of the Grain Embargo"

Robert L. Paarlberg, 

Foreign Affairs 1980 pp. 144-62

https://la.utexas.edu/users/hcleaver/357L/357Lsum_s4_Paarlberg_FA80.html

By metmike - May 17, 2023, 1:27 p.m.
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If you want to blame somebody for the plight of the farmer in the early/mid 1980's President Reagan and his policies were exactly the culprit.

Corn prices spiked down in Reagan's 2nd term, clearly nothing to do with Carter.

Reagan's farm policies were a disaster, making a really bad situation even worse.

I'll just give you a few examples:

REAGAN KILLS FARM BILL

By George de Lama and Lea Donosky and Chicago Tribune

Chicago Tribune

WASHINGTON — "President Reagan vetoed a farm-credit relief package Wednesday, calling it ''a massive new bailout that would add billions to the deficit,'' and told troubled farmers that the government cannot solve their money problems."


1985 Farm Plan Called ‘Disaster’ For Farmers With AM-Farm Bill

https://apnews.com/article/02e60e849a922f928c1e1c473ff8e58e

   DES MOINES, Iowa (AP) _ Reagan administration plans for a 1985 farm bill are a ″disaster for American farmers,″ Iowa officials said Friday.

   ″This administration has still got its head in the sand on this crisis,″ said David Ostendorf of Prairiefire, a non-profit group that works on rural issues. ″I don’t know why they will not respond more decisively.″

   Sen. Charles Grassley, R-Iowa, rejected the 15-year farm bill proposed by Agriculture Secretary John Block, charging the plan would ″prove disaster for American farmers.″

   The Reagan administration’s plan would slice about $39 billion from current farm program spending, which Grassley equated with ″taking from farms to give to arms.″

   Federal price supports, acreage controls and subsidy packages would be reduced steadily if lawmakers go along. In all, the administration says the plan could save taxpayers $40 billion to $60 billion in the five years it would take to make the transition.

   The plan would affect major crops such as wheat, corn, cotton and rice, and other programs for dairy products and sugar.

   ″Reducing price supports at this time would be a step backwards,″ Gov. Terry Branstad said. ″I think it’s pretty obvious they don’t understand.″

   ″Just when they’re facing an economic tragedy of Great Depression intensity, losing lifelong investments with failed banks dragging down entire communities, we absolutely will not allow this government to sock surviving farmers with another knock-out blow,″ Grassley said.

   Grassley also laid much of the blame for the current farm crisis on the federal government, ″including Congress and more than one administration .″

   ″When this government does its job with the deficit, they can talk about cutting many programs, including agriculture, but we’re not going to allow the farm sector to absorb any more critical repercussions from politicians at this critical time,″ Grassley said.

   ″We’ve got a depression out here in the Midwest,″ said Pete Croghan, president of the Iowa Farmers Union. ″I visited, this morning, at the motel with a salesman from Red Oak that has 34 buildings empty that has no business. We got a depression. If we don’t get some help from Washington it’s going to be a disaster.″

+++++++++++++

Here's a description of the history:

Farm crisis

https://en.wikipedia.org/wiki/Farm_crisis


The Farm Crisis of the 1980s

https://www.iowapbs.org/iowapathways/mypath/2422/farm-crisis-1980s

+++++++++++

So there were several different things going on during that time frame but to pin so much blame on Carter because he's a D and you're an R..........is purely a political mindset.

The authentic facts show otherwise. 

The Rs love to tout Reagan as one of the best presidents in history.  The quintessential ANTI government president.  However, if you were a farmer during his presidency, you were abandoned by him and the government. 

If you were in farming.........his presidency was the 2nd worst time in history and for some farmers, worse than the Depression/Dust Bowl years of the 1930's.

The 1930's featured a crisis in the climate/weather and loss of production to sell. You can't make money if you don't have anything to sell!

Incredibly, the 1980's was a crisis brought on by TOO MUCH production(and debt), made much worse when Reagan was president because the government turned it's back on our farmers. 

By cutworm - May 17, 2023, 11:14 p.m.
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# 1 I voted for Carter the first time. Gerald Ford was not good for the country. and Carter was a peanut farmer.

#2 The embargo crashed the spot price. The river terminals would not even buy it for about 2 months then at a bad basis.  I lived it . I had 30,000 bu on storage at the time. that was a fair amount for a young guy.

# 3  1973 was the Russian wheat deal

1973 United States–Soviet Union wheat deal - Wikipedia

#4 I do not hate Democrats ( my best friend is a dem) But their ESG polices are bad.

#5 the inflation rate and the interest rate along with losing the corn market was the "perfect storm" for farmer

in all fairness inflation is a years long problem that did not start with Carter. But the Carter years were the worst.

#6 Ending stocks declined form 1960-61 and did not surpass those years till 1981. oh ya the grain embargo! destroyed the market

United States Corn Ending Stocks by Year (1000 MT) (indexmundi.com)

Market YearEnding StocksUnit of MeasureGrowth Rate
196051206(1000 MT)NA
196141986(1000 MT)-18.01%
196234671(1000 MT)-17.42%
196339040(1000 MT)12.60%
196429136(1000 MT)-25.37%
196521379(1000 MT)-26.62%
196620988(1000 MT)-1.83%
196729685(1000 MT)41.44%
196828407(1000 MT)-4.31%
196925533(1000 MT)-10.12%
197016840(1000 MT)-34.05%
197128600(1000 MT)69.83%
197217982(1000 MT)-37.13%
197312292(1000 MT)-31.64%
197414174(1000 MT)15.31%
197516084(1000 MT)13.48%
197628846(1000 MT)79.35%
197736474(1000 MT)26.44%
197843423(1000 MT)19.05%
197951674(1000 MT)19.00%
198035361(1000 MT)-31.57%
198164433(1000 MT)82.21%
198289491(1000 MT)38.89%
198325561(1000 MT)-71.44%
198441866(1000 MT)63.79%
1985102609(1000 MT)145.09%
1986124001(1000 MT)20.85%
1987108186(1000 MT)-12.75%
198849035(1000 MT)-54.68%
198934151(1000 MT)-30.35%
199038641(1000 MT)13.15%
199127949(1000 MT)-27.67%
199253672(1000 MT)92.04%
199321595(1000 MT)-59.76%
199439571(1000 MT)83.24%
199510819(1000 MT)-72.66%
199622433(1000 MT)107.35%
199733220(1000 MT)48.09%
199845391(1000 MT)36.64%
199943628(1000 MT)-3.88%
200048240(1000 MT)



By metmike - May 18, 2023, 2:30 a.m.
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"#4 I do not hate Democrats ( my best friend is a dem) But their ESG polices are bad."

I totally believe you, cutworm!  You've been nothing but professional and intelligent here. Biased as heck to the right but extremely respectful always.


"#2 The embargo crashed the spot price. The river terminals would not even buy it for about 2 months then at a bad basis.  I lived it . I had 30,000 bu on storage at the time. that was a fair amount for a young guy."

++++++

Your recollection seems to be off a year, cutworm. I hate having to do this to you but I guess you require even more proof.


Carter announced the embargo on the evening of  January 4th 1980. Corn prices went down a bit, briefly but then went on to hit a record high, later that year (because of the drought in 1980, especially in the S. United States). In  Jan 1981, a year after the embargo went into effect, corn hit $4 for the first time, $1 higher than the pre-embargo price, thenstarted dropping. By the Fall of 1981, the extremely high corn price had dropped below $3.

However, the 18 months following the Embargo featured historically high prices for corn, spiking up near $4 for the first time ever at the end of 1980, the embargo year.

Whether you remember it that way 43 years later or not, that's what happened based on every price chart I looked at.


https://futures.tradingcharts.com/historical/CN/1980/0/continuous.html#footerclose


I'm not able to copy that price graph for CORN, 1980 but you can compare it to this description below:

1. Carter announced the Russian grain embargo the evening of Jan 4, 1980.....a Friday after the market closed at 285, which was an historically high price at the time. 

2. Corn gapped lower the next Monday, seeing a low of 264 that following week.

3. Corn made a low for the move and the year on March 27, 1980 at 257.

4. It was  up for the next 8 months after that, despite the embargo.

5. During the month of  July, 1980, 6 months after the embargo   the price went up from 290 to 320 because of hot/dry weather from a dome of death in the SouthCentral US with 100 degree heat almost every day. This left pre embargo prices in the dust.  The dome lasted much of the Summer in the SouthCentral US.

6. Prices had a Summer 1980 high in early September of 367, a small correction then continued up during  the last 2/3rds of harvest as the market found out how bad the crop was.  Finally, the corn market soared to a record,  high up to that point in history, of 396  on Dec. 1, 1980, 11 months after the embargo went into effect and stocks DROPPED 32% in 1980, despite the Russian embargo being in effect the entire year. The price for corn in January, 1981, 1 year after the embargo went into affect was $1/bushel HIGHER.

US Grain Embargo of Soviet Did Little to Hurt Farmers, Report Says

https://apnews.com/article/ee914a2ae1db64b179a5ba3a37c6b138



7. The price peaked in Jan. 1981 but was still historically high thru much of 1981. The embargo was lifted in April of 1981.

8. The price bottomed in Sept 1982 at just above $2(cash prices would be lower) and still much higher than any price in the 1960's

9. A major drought in 1983 spiked prices back to $3.50+ as stocks dropped -71% and that lasted into 1984

10. Then, the bottom completely fell out in 1985. Corn dropped below $2 in 1986 and stayed down there thru all of 1987. Reagan's really bad policies and refusal to help farmers more is what made the farm crisis  of the mid-1980's especially bad.


# 3  1973 was the Russian wheat deal

11. The US and world were experiencing horrible weather in the early 1970's because of global cooling. Global stocks were drawn down  low. Russia lost much of it's corn/wheat crops on a couple of occasions and that's what resulted in the temporary grain purchases........to replace their big losses in the growing season those years. 


Great Discussion below:

Agricultural Commodity Price Spikes in the 1970s and 1990s: Valuable Lessons for Today

https://www.ers.usda.gov/amber-waves/2009/march/agricultural-commodity-price-spikes-in-the-1970s-and-1990s-valuable-lessons-for-today/

As in 2006-08, rapid increases in commodity prices occurred in 1971-74 and 1994-96

Low U.S. stocks-to-use ratios for corn,wheat, and soybeans contributed to rising prices

A precarious boom: American agriculture in the 1970s

Changes in policy and a thaw in Cold War tensions created an environment for farmers to expand and make record income

https://www.morningagclips.com/a-precarious-boom-american-agriculture-in-the-1970s/

+++++++++++++++++

In 1979, Russia had a failed crop again and was going to buy a massive amount of grain from the US in 1980 but Carter put on the embargo in Jan. 1980 and we lost all those sales. However, note that prices hit record highs at the end of the embargo year, 1980.........DESPITE the embargo!

Huge Grain Sale To Soviet Union Approved by U.S.

    By John M. Berry

https://www.washingtonpost.com/archive/politics/1979/10/04/huge-grain-sale-to-soviet-union-approved-by-us/41b3bc1d-8f75-4ed6-98db-77556322a3d9/

Again, you are targeting Carter because he's a D and  you're an R and still spending no time discussing the real farm disaster for this country........in Reagan's 2nd term. Long after anything Carter did was having any impact. 

By metmike - May 18, 2023, 3:04 a.m.
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You want to blame the 1 year embargo in 1980 for things down the road that had no connection to Carter and everything to do with Reagan.


You're as smart as anybody that I know about how the value of the dollar impacts US exports.

The lower the DX, the cheaper our exports are to foreign countries The higher the DX is, the more expensive they are.

Note the graph below. When Carter was defeated in November 1980, the dollar was just under 90. 

Under Reagan, it went on a 4+ year surge, getting above 125 in the first half of 1985. That value was the same thing as imposing a 40% tariff on all of our exports. By the end of his presidency, the dollar was back down close to the Carter years but still not as low. 

However, if you want to see/blame the REAL REASON for the drop in exports...... This is it and it happened entirely under Reagan and because of his policies. You've only mentioned  Reagan 2 times.........both of them to tell us about the good that he did by ending the embargo that Carter put on. 


https://www.macrotrends.net/1329/us-dollar-index-historical-chart


By metmike - May 18, 2023, 3:13 a.m.
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Didn't Obama get the Nobel Peace Prize

cutworm,

Yes, that was one of the biggest jokes in history.

Al Gore getting it was even worse. Here's the story on those 2:


https://www.marketforum.com/forum/topic/92155/#92349


https://www.marketforum.com/forum/topic/92155/#92344


So your point that this award is sometimes biased and not earned is a good one for some people.


If we take that 1 award away from  Carter, what about the  200+ other awards?

https://www.marketforum.com/forum/topic/93232/#93233


Yes, I know. Carter is a D and it's impossible for you to fully embrace him as the greatest president in history after leaving office by a wide margin. One of the greatest in world history too!

You got any more biased  political stuff to debunk?



By metmike - May 18, 2023, 3:52 a.m.
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Here's the corn price during the 1980's.

One Carter year. All of Reagan years. Then the first 2 years of Bush-2.

In 1980, during the first entire year of the embargo, corn prices went up $1.

1. this Was from drought 1 in the 1980s before climate change.

During 1981 and the embargo lifted by Reagan, they dropped back to about the same as before the Embargo.

2. Corn prices drifted lower in 1982, then the 2nd drought hit in 1983, which lifted them back up into 1984.

The big price collapse started in 1985. During the 2nd half of 1986, thru all of 1987, corn prices stayed below $2 most of the time.

3. We had another major drought in 1988, which is what rescued corn prices! This was the 3rd widespread major drought in the Cornbelt of the 1980s And before climate change. 3 droughts in 9 growing seasons!!!

4. Since then, we’ve seen the US Cornbelt benefiting from climate change and only experiencing 1 widespread major drought (2012). Also, the great Miss flood year of 1993 hit crop yields hard.

5. See the crop yield graph below and note those droughts and LACK of them in recent decades thanks in big part to climate change. More CO2 also causes plants to be more drought tolerant(more water efficient) because they don't need to open their stomata as wide to get CO2, which reduces moisture loss from transpiration.

https://www.barchart.com/futures/quotes/ZC*0/historical-prices?orderBy=contractExpirationDate&orderDir=asc

Image


5-19-23: On the graph above, it's hard to make out the years of extremely adverse weather prior to the 1970's. You can barely tell the especially bad yielding Dust Bowl years of the 1930's. It's not because the weather wasn't that bad (the 1930's droughts were much worse than 2012 and 1988).

 It's because the corn plants were already compromised by low N fertilizer and low CO2 fertilizer(and poor genetics) and lots of weeds. Crop yields don't reach their max every year because of limiting factors, of which there are numerous ones.  H20, CO2, Nitrogen/minerals in the soil, temps, sunshine, weed pressure/competition, planted timing dynamics and so on.

Before 1960, corn yields were limited because almost ALL of those elements were limiting factors EVERY year(genetics allow them to boost thatr yield potential). Man made advances boosted several of those and boosted them to what is closer to the 100% yield potential for corn plants EVERY YEAR and trend line corn yields responded by more than tripling from the 1930's to the 1980's.

Weather was NOT the biggest limiting factor in most years prior to 1950........the other elements were. After 1950, those other limiting elements,  thanks to technology were boosted closer to optimal for corn plants and the biggest limiting factor became WEATHER.

Also, a 40% reduction from trend line yield does not show up on the graph when trend line was only ~30 BPA. However, at 120 BPA, a reduction of just 30%, is MUCH greater in an absolute sense on the same graph than that 40% was and the absolute difference below trend is greatly amplified.

USDA put the corn trendline yield in 2023 at an amazing 181 bushels!!!

Just a 25% reduction in yield from weather in 2023 is 45 BPA, which is greater than the total yield of corn in the best years prior to 1960!!!
 The non weather elements that producers boosted so much, make a loss of 25% less likely but this amounts to losses is greater than our entire production in the best years prior to 1960!

Mind boggling!