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The AAA was a comprehensive program designed to reduce production and provide floor prices
By mid-decade, “up to 40,000 head entered annually” . Large numbers of sheep were also driven in from the Southwest to augment the 17,500 sheep that were in California in 1850. In the peak year of 1856, 200,000 head of sheep entered California. But the rancheros quickly lost out to American entrepreneurs who understood far…