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U.S. farmers struggling with high price of fuel, fertilizer as bankruptcies rise
U.S. farmers are facing high fuel and fertilizer costs as they enter planting season, creating financial difficulties amid federal farm bill discussions.
Higher operational costs due to U.S.-Iran conflicts and tariffs increase expenses and threaten the financial health of small farms.
Farm bankruptcies rose 46% from 2024 to 2025, and the U.S. lost over 156,000 farms between 2017 and 2025, according to census data.
Diesel fuel prices increased 45%, and 70% of farmers struggle to afford needed fertilizer.