US farmers give their opinions of the Agricultural Adjustment Act

The video discusses the challenges faced by farmers due to rising costs of essential items like seeds, fertilizers, and farm implements. It highlights the basic business principle that sales depend on market demand. The video also touches on the lack of understanding of these issues by policymakers in Washington.

What are some of the farming inputs that have seen a rise in cost?

• Labor and machinery

• Seeds and fertilizers

• Land and buildings

• Water and electricity

What is the main challenge farmers face regarding production costs?

• Accessing new technology

• Dealing with climate change

• Getting the cost of production

• Finding skilled labor

What determines whether a farmer's produce will be sold?

• The location of the farm

• The price set by the farmer

• The demand from consumers

• The quality of the produce

What is the basic principle of business mentioned in the context of farming?

• Producing goods with the highest quality

• Producing goods at the lowest cost

• Producing goods based on consumer demand

• Producing goods regardless of demand

What is the speaker's opinion about policymakers in Washington?

• They fully understand farming economics

• They have some initials but lack understanding

• They provide adequate subsidies

• They are very supportive of farmers