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.

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“We’re going to get this $280 million out to those Rio Grande Valley farmers and make sure they can see another day and farm another crop.”
“I can tell you that it is, in my estimation, a smart thing to do.”
“China is not that big of a market for U.S. potato exports, at present.”