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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In a final rule published in the Federal Register, the Department states that it will no longer base wage rates on the Farm Labor Survey.
“In the first six months of 2025, 181 Chapter 12 bankruptcies were filed nationwide.”
Farmers are in the midst of harvest as the government descends into a shutdown and the Farm Bill expires. Key federal departments, crop reporting, and aid programs important to the agricultural sector are now on hold.
Jeramy Stephens, with National Land Realty, says that despite today’s economic headwinds, farmland remains a resilient asset — and understanding local conditions is key to making sound decisions.
FarmHER Christina Woerner McInnis joined us to discuss the next episode of “FarmHER + RanchHER” and her decision to run for Alabama Ag Commissioner.