From the nation's earliest days, farming has held a crucial place in the American economy and culture. Early in the nation's life, farmers were seen as exemplifying economic virtues such as hard work, initiative, and self-sufficiency.
American farmers owe their ability to produce large yields to a number of factors.
The American Midwest has some of the richest soil in the world. Large capital investments and increasing use of highly trained labor also have contributed to the success of American agriculture. The first two decades of the 20th century turned out to be the golden age of American agriculture. Farm prices were high as demand for goods increased and land values rose. Technical advances continued to improve productivity.