Almost 150,000 farms will disappear this year when harvest is complete

Current conditions are sending ripples through the ag economy.

MSN found when harvest is complete this year, nearly 150,000 farms will close. Looking back to the 1950s, more than 60 percent of all U.S. farms have stopped producing, with the number of acres dropping by more than 320 million.

Leaders at American Farmers and Ranchers say everytime the ag economy hits one of these cycles, more family farms begin to disappear.

Related Stories
“It’s a down crop across the board.”
“That supply-demand scenario is really what’s holding things strong.”
His department will be using a synthetic bait called “Swormlure Five,” which is engineered to smell like an open wound, attracting Screwworm flies to the bait
“We see the opportunity of streamlining the program.”

LATEST STORIES BY THIS AUTHOR:

Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report for a closer look at how Trump’s Big, Beautiful Bill changes to base acres and potential impacts on future ARC and PLC payments.
Rep. Mike Simpson (R-ID) joined us on Champions of Rural America to share his insights on upcoming changes to public land management and how they will benefit agriculture and the Western working class.
The Nashville Ag Club meets monthly to discuss current issues and hear from inspiring agriculture-related speakers.
As the White House works to close the trade gap, patience is wearing thin for some lawmakers. Senator Chuck Grassley (R-IA) says farmers are getting backed into a corner.
The Arkansas Farm Bureau takes us there for a tour of the facility that will expand livestock education in a key agricultural region.