The Bust of 1920s

by - LK Wagner - 3 December 1997, Wednesday

The 1920s found wheat as big business. Every parcel of ground that could be plowed was cleared and planted to wheat.

In 1929 (The Bust) wheat went from $2.25 to $0.25 per bushel. Local newspapers were filled with upbeat ads in 1924 and 1925, because everyone was hunkering down and scurrying to make ends meet.

Advertising fell off dramatically. By 1934 and 1935 it was rare to see any kind of Ads by a community business. Most of the pages in the newspapers were mostly filler.

Every farmer was clearing ground of trees and pastures to make way for the plowing and planting of wheat. There was a growing concern and questions of whether wheat farming or cattle ranching would predominate as a major agricultural activity of the communities in Northwest Oklahoma after the World War I and into the 1920s.

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