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Farmers continued to take on more debt through the first quarter of 2025, prolonging a trend from last year. That's as farm incomes have shrunk over the last couple of years, and some worry President Trump's tariffs could make economic conditions tougher.
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The U.S. trade war with China is coming at a tough time for American farmers, who are already dealing with lower crop prices and higher costs for farm necessities. Tariffs are likely to push crop prices further down, while increasing the costs for fertilizer and farm equipment.
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The department announced enrollment for the Emergency Commodity Assistance Program opened this week.
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In the past 21 years, about $2.1 billion in drought insurance payments went to Oklahoma farmers, according to a new study from the Environmental Working Group.
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The Center for Rural Affairs has long heard complaints from small- and mid-sized farms that the federal crop insurance program unfairly benefits large…