US farmers remain under financial pressure
The US agricultural sector is facing severe financial difficulties. This was reported by Zamin.uz.
Farmers are under great pressure due to low crop prices and high production costs. Some banks are refusing to lend to farmers, meat processing plants are closing, and agricultural equipment manufacturers are forced to reduce production.
As a result, thousands of workers are losing their jobs. In recent years, the decline in crop prices and the increase in expenses have seriously affected the agricultural sector.
Despite a record harvest in the fall of 2025, there was an oversupply in the global market. Due to trade issues with China, soybean exports decreased, negatively impacting farmers' incomes.
Although the government allocated a $12 billion aid package, experts emphasize that this amount is insufficient. Production costs, especially for fertilizers and other resources, are expected to remain high in 2026.
The costs of growing corn are expected to increase by 3%, and soybeans by 3.1%. At the same time, crop prices remain lower than expenses, causing financial losses for farmers.
Financial pressure is also negatively affecting other sectors in rural areas. Job cuts may occur in schools, hospitals, and local government offices.
According to experts, long-term government support measures are necessary for farmers to continue their activities.
