Farmers and ranchers face a lot of unknowns right now. Executives at Modern Ag Alliance warn the list of challenges is growing.
They point to several issues, like the growing number of farm bankruptcies. The Farm Bureau reports 216 farms filed for Chapter 12 Bankruptcy last year, which is a 55 percent jump from 2023. An even more alarming issue they say surrounds the threat of losing glyphosate. They say it has been under attack for some time now, but remains a critical tool for farmers.
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API said it stands ready to work with Congress to develop a balanced approach to E15 legislation that promotes fuel choice, supports investment certainty, and contributes to a stable and fair marketplace for American consumers.
In the meantime, Senate Majority Leader John Thune is asking that farmers be allowed to use marketing assistance loans to help stay afloat.
Beef industry groups seem to agree — market-based pricing, not federal intervention, best supports rancher livelihoods and long-term beef supply stability.
