Political Quotes

Tom Harkin: In a system such as that, my concern is the boom-and-bust cycle: Prices go all to heck for soybeans. So farmers say: OK…

On the recordFebruary 7, 2002
In a system such as that, my concern is the boom-and-bust cycle: Prices go all to heck for soybeans. So farmers say: OK, we are not going to plant soybeans. We are going to go to corn. So the price of soybeans booms up and then the price of corn goes down, and then they jump out of that and, say, get back into beans again. So you get these huge fluctuations.
Said by
Tom Harkin
Democratic · Iowa

Editor's note · Context

Discussing the volatility in agricultural prices and its impact on farmers.

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