(2) The problem in these cases is that the capital expenditure required to secure maximum production as compared with present production (e.g. expenditure on converting grass into arable, drainage, machinery, etc.) can only be recovered over one, or even two, farm rotations of four years. Many of these farmers are now, as a result of the improved prices, beginning to get out of debt incurred during the pre-war years and they are reluctant to incur further commitments which they could not repay unless they are assured of stable prices and markets beyond 1941.