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The Soviet grain procurement crisis of 1928, sometimes referred to as "the crisis of NEP," was a pivotal economic event which took place in the Soviet Union beginning in January 1928 during which the quantities of wheat, rye, and other cereal crops made available for purchase by the state fell to levels regarded by planners as inadequate to support the needs of the country's urban population.
Hoping to prevent famine or other crisis, Soviet negotiators worked out a deal to buy grain on credit, but quickly exceeded their credit limit. American negotiators did not realize that both the Soviets and the world grain market had suffered shortfalls, and thus subsidized the purchase, leading it to be dubbed the "Great Grain Robbery".
After a grain crisis during 1928, Stalin established the USSR's system of state and collective farms when he moved to replace the New Economic Policy (NEP) with collective farming, which grouped peasants into collective farms and state farms .
In regard to the Soviet state's reaction to this crisis, Wheatcroft comments: "The good harvest of 1930 led to the decisions to export substantial amounts of grain in 1931 and 1932. The Soviet leaders also assumed that the wholesale socialisation of livestock farming would lead to the rapid growth of meat and dairy production.
The grain embargo was his way of using food as a weapon. Carter believed that if he cut out the Soviets' grain imports, they could no longer feed their livestock or people. He hoped that would lead to unrest against the war in Afghanistan. [7] Another key figure in the grain embargo was the Farm Bureau. At first, it supported the embargo, which ...
“In a country like Somalia, over 90% of its wheat supply comes from Ukraine,” she added. On Thursday, Putin was accused of capitalizing on the collapse of the grain deal after he offered free ...
A shipping and supply chain crisis. Forecasting the economic impact of the Red Sea crisis isn’t easy. But the regional conflict is already leading to some identifiable problems for businesses ...
Planners regarded collectivization as the solution to the crisis of agricultural distribution (mainly in grain deliveries) that had developed from 1927. [1] This problem became more acute as the Soviet Union pressed ahead with its ambitious industrialization program, meaning that more food would be needed to keep up with urban demand. [2]