The cost of doing business is taking a toll on many family farms today. New legislation is aiming to better support the rural economy by lowering interest rates and making loans more accessible for farmers and ag borrowers.
Senator Roger Marshall, one of the co-leaders, joined RFD-TV’s Jennifer Vickery Smith to discuss what the act aims to do, the need for the legislation as farmers cope with current economic factors, growing pains with tariffs, and the Make America Healthy Again initiative.
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Farmers are struggling with low commodity prices and skyrocketing input costs, resulting in debt that is outpacing income across the sector, according to the USDA’s new farm income forecast.
The trustees’ 2025 annual report, released June 18, cited a law enacted this year as the primary reason why the funds are projected to run out a year earlier than previously projected.
