50+ Agricultural Marketing Act Of 1929 Pictures. The agricultural marketing act of 1929, under the administration of herbert hoover, established the federal farm board from the federal farm loan board established by the federal farm loan act of 1916 with a revolving fund of half a billion dollars. The law is intended to subsidize farmers.
The agriculture marketing act, which established the federal farm board in 1929, was seen as a strong precursor to this act. The recent reforms in agricultural marketing have brought a sea change in policy. The act authorized the secretary.
Agricultural act of 1970 — p.l.
Transcribed image text from this question. Agricultural marketing act of 1929 top # 8 facts. The agricultural marketing act of 1929 was endorsed by president hoover as a substitute for the proposal to increase the domestic price level for the under authority of the agricultural adjustment act of 1933, large quantities of surplus food were distributed to needy households and to school. However, progress has been tardy and many states have not adopted the model acts.