AFBF: Crop Farmers Saw $50B+ in Economic Losses in the Last Three Years — They Need Swift Economic Support

AFBF Vice President of Public Policy and Economic Analysis, Dr. John Newton, explains the factors contributing to the growing financial strain in the ag sector and the urgent need for swift economic support.

WASHINGTON, D.C. (RFD-TV) — The American Farm Bureau Federation (AFBF) is sounding the alarm over mounting financial strain in rural America, pointing to new analysis that highlights how producers across the country are operating below break-even margins. The organization says the pressures facing farmers and ranchers underscore the need for swift economic support.

Dr. John Newton, Vice President of Public Policy and Economic Analysis for AFBF, joined us on Tuesday’s Market Day Report to break down the findings and discuss what actions may be needed in the months ahead.

In his interview with RFD-TV News, Newton outlined the primary financial stressors weighing on the agricultural sector — including rising input costs, weakening commodity prices, high interest rates, and shrinking margins. He said these combined challenges are making it increasingly difficult for producers to maintain profitability and sustain their operations. He also discussed how recent trade developments have heightened uncertainty. Changes in export demand, shifting global competition, and unresolved trade negotiations have all contributed to volatility in key markets, putting additional pressure on farm income.

“That $12 billion that USDA might roll out the door over the next few weeks is only a small share of the losses — over $50 billion in economic losses that crop farmers have seen over the last three years combined,” he said. “Again, it’s a tough economic environment. We need bridge economic assistance from the department, and we need it in a hurry.”

With headwinds intensifying, Newton emphasized that AFBF is calling for targeted economic assistance to help stabilize rural communities. He noted that support could take the form of strengthened farm programs, temporary relief measures, or policies to improve market access and long-term competitiveness. He stressed that timely action will be essential to prevent further financial deterioration across the farm economy.

Related Stories
Sponsored
Like a lot of things, the more you fall in love with a hobby, the more you realize how much you don’t know. Backyard Smart answers the lawn-and-garden questions homeowners are looking for.
Longview FFA gives students practical experience from meat processing to floral design in their unique curriculum.
Cattle farmer Scott Porter, Kentucky Farm Bureau’s 2025 Farmer of the Year, discusses his commitment to mentorship and the importance of strengthening the future of agriculture.
Son of a South Dakota Rancher, Kolt Mendenhall is turning his lifelong passion for riding into a collegiate career, committing to Southeastern Oklahoma State University next fall, bringing years of ranch experience to the collegiate arena.
Rodeo Austin exhibitor Kash Morrison reflects on how FFA taught him the importance of hard work and time management while competing in livestock shows during the school year.
At the White House’s “Celebration of Agriculture,” the Trump Administration announced a slate of policies to support farmers and ranchers, including biofuel mandates, SBA loan programs, and new labeling policies to boost domestic markets for ag products.

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

TYM North America unveiled two new Series 5 tractor models at the National Farm Machinery Show and announced an exciting new partnership for the NASCAR Craftsman Truck Series.
American Soybean Association President Scott Metzger discusses his recent testimony before the Senate Ag Committee, key priorities for soy growers, and his outlook for farmers into spring planting.
FFA Program Specialist Ashli Weinrich highlights how the FFA Next Gen Conference helps ag students explore career opportunities and build skills for the future.
Vanessa Wood shares more about Ag Women Connect, the importance of uplifting women in agriculture, and upcoming projects designed to highlight stories across rural America.
Strong exports support cattle and hog market fundamentals.
StoneX Director of Fertilizer Josh Linville looks at fertilizer market volatility, potential impacts on planting decisions, and what farmers should watch as the global situation in the Middle East continues to unfold.
Agriculture Shows
Hosted by Scott “The Cow Guy” Shellady and RFD News Markets Specialist Tony St. James, Commodity Talk delivers expert insight into the day’s ag commodity markets just before the CME opens. Only on RFD-TV and Rural Radio SiriusXM Channel 147.
A look at the news, weather and commodities headlines that drove agriculture markets in the past week.
Everything profits from prairie. Soil, air, water — and all kinds of life! Learn how you can improve your land with prairie restoration, cover crops and prairie strips, while growing your bottom line.
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.