Farmers Worried About Ag Economy | Innovators Who Transformed Farming | Farm Bankruptcies at Six-Year High
- 2 days ago
- 1 min read
Compilation of news from industry sources (June 15, 2026)
Rising input costs and financial pressures are weighing on US farmers, according to a recent survey conducted by Purdue University and CME Group. The monthly Ag Economy Barometer, used to gauge farmer sentiment, fell to 119 in May, down from 121 in April.
In the 1700s, about 80% of the U.S. population was engaged in farming. Today, the USDA estimates it’s less than 2%. Despite such a steep decline, our country produces a plentiful supply of food, thanks in part to innovations made by inventors, entrepreneurs, scientists, and scholars over the past 250 years.
..."monthly farm-related Chapter 12 filings soared in April to a more than six-year high, with more likely on the horizon, amid an overall increase in all bankruptcies as fuel prices and other costs continue to rise, according to data from Epiq AACER."
