In January 1979, nearly 3,000 farmers drove their tractors to Washington, D.C., many of them from thousands of miles away. The Jimmy Carter administration agreed that the Farmers Home Administration would stop all foreclosures.
At a time when protesting farmers on Delhi ‘s borders are asking for an assured income by way of an assured price, Budget 2021 was expected to take the wind out of their sails by announcing provisions for enhancing farm incomes.
These market-driven agricultural reforms have been prevalent in the United States for more than 6 to 7 decades. If the markets were so good I see no reason why American farmers should be saddled with a bankruptcy of USD 425 billion this year.