Max Armstrong remembers the primary FarmAid live performance again in 1985, together with his recollection of the “farm melancholy” again then. The farm monetary disaster again within the mid-80s was triggered by tight financial insurance policies that lower the worth of farmland by 60%. And farm debt doubled from 1978 to 1984. One issue that helped farms survive was the supply of off-farm work, which diverse by area. Markets have been additionally hit by the Russian grain embargo.
Max Armstrong’s Farm Progress America is a each day take a look at key points in agriculture. It’s produced and offered by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.
Photograph: Farm Progress
