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 absolutely expect to see more of these proposals similar to this or other types of action on this topic in this session and upcoming ones as well.”
“The other fruits and veggie guys, they’re just kind of a wait-and-see type of position.”