Trump’s tariffs intensify strain on US farmers, Deere warns
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Walking away from high-cost land, retrofitting equipment and preserving cash reserves are some of the ways to tackle tight margins in 2026.
53% of ag economists surveyed in the July Ag Economists’ Monthly Monitor say the row crop side of agriculture is current in a recession. Fewer agricultural economists think the row crop side of agriculture is currently in a recession, but when you ...
Newton: The (U.S.) Department (of Agriculture) has pledged $12 billion in economic support to help offset trade losses. We hope to see details of that in the next few weeks, but the One Big Beautiful Bill, while it made a historic investment in farm bill risk-management programs, those benefits won't materialize on the farm for over a year.
Farm bankruptcies nearly doubled in the first three months of 2025 compared to last year, and experts don’t expect the trend to change. Data from the federal court system show 88 Chapter 12 filings through March 31. Last year there were 45 filings in the ...
Last year’s initial net farm income forecast showed the two largest consecutive declines in net farm income history, the picture seems to be improving in 2025. According to USDA’s Economic Research Service, the first net farm income forecast of the ...
In northeastern North Dakota, Greg Amundson’s 3,000-acre farm this year produced corn, soybeans, canola and rye. It also produced thousands of dollars in losses. A bag of corn seed cost Amundson roughly $150 a few years ago. Now he has a hard time ...
USDA’s most recent Commodity Costs and Returns, World Agricultural Supply and Demand Estimates and Farm Sector Income & Finances reports confirm what those in agriculture have known for several years: U.S. farm income is under immense pressure as input ...
After a four-year downward trend, U.S. farm bankruptcies are on the rise again, and with uncertainties about the impacts of U.S. tariffs on export trade, there’s growing concern that the financial health of farms across the country will continue to falter.
A panel of farmers and agricultural economists painted a bleak picture of the current state of the farm economy and called on the House Agriculture Committee Tuesday to strengthen safety net programs in the next farm bill. Low commodity prices and high ...
Auctioneer Randy Stabe leads the largest land auction of his career Sept. 17 - 18 at the Hinton Community Center in northwest Iowa. Iowa farmers are seeing a drop in their income. Economists say one of the last indicators of a failing farm economy is land ...
Long work hours, isolation, physical labor, and a culture of stoicism and self-reliance are challenges farmers manage as part of the job, but increasing financial stressors after several years of poor farm profits -- a situation many are now likening to ...
President Trump will tout progress lowering prices in a Pennsylvania speech, while many voters there say they are frustrated by the cost of living. NBC News’ Garrett Haake reports.