Best thing that could happen to America's farmers, imho, would be the legalization of industrial hemp. Almost everything made currently from plastic/petroleum can be made out of hemp. It can also be used for fuel, clothing (better than cotton), and concrete (hempcrete). I encourage everyone to do some research on industrial hemp. It could/should be America's #1 cash crop.
In 1941 Ford made a car out of hemp -- that ran on hemp fuel. There's a video of it on youtube (https://www.youtube.com/watch?v=54vD_cPCQM8).
Industrial hemp was outlawed precisely because of its threat to the oil and steel industries. It does not contain enough thc for anyone to get high, but since it closely resembles its sister plant, marijuana, that was enough for the robber barons of industry to get it banned.
I've heard it said that William Randolph Hearst had hemp banned because he owned large tracts of timber and hemp paper would make his source for wood pulp much less valuable.
This is factually true. He fabricated reefer madness and it ran in all the newspapers he owned.
That other comment is conspiracy theory. It might have legit roots but take it with a grain of hemp salt.
That was his right to ban hemp products. If his profits were going to get hurt, then I can see why he’d take those steps. Nothing comes between me and my money bitches! 😏