The Long Depression hit the countryside around 1874, forcing farmers to reduce their output or sell at a loss.
Depressed prices and weak demand will force Australian farmers to cut wool production sharply over the next five years, a new study says.
Proponents said the decision would make the food supply safer by forcing farmers to give up some of their toxic tools.
These circumstances forced desperate farmers into crop liens, when they put up their land to pay for seeds in spring.
As those costs have risen, the price of milk has stayed about the same, forcing farmers to absorb the higher expenses.
The soil is infertile, forcing farmers to slash and burn new plots each growing season.
But farmers oppose this idea, saying it would force farmers to give all their workers a day off.
The enclosures had forced cottagers and farmers off their land.
It is clear that the reform will force farmers and producers to take important, and sometimes difficult, decisions about their future in the sector.
They say that supermarkets will overestimate next year's requirements and then force farmers to discount.