"Big Farm" Is Not in Recession
Farm equity has increased by almost 50% since 2004, to a record $2.13 trillion, see top chart above (data here). And the debt to asset ratio for farms is at a five-year low of only 9.2% (down from 11.3% in 2004, see bottom chart), since farmers are carrying only $215 billion in debt on $2.13 trillion of farm assets.
Q. Does this wealthy group of agribusinesses ("Big Farm") really need taxpayer subsidies?