American farmers are struggling under a “crisis” brought on by President Donald Trump’s trade war, wrote Bloomberg reporters Steven Church and Ilena Peng on Wednesday, one that has left a number of small farmers on the brink of bankruptcy. “Now we are seeing farmers run out of liquid cash after trying to ‘just make it to next year’ several years in a row,” said Ryan Loy, assistant professor at the University of Arkansas and agricultural economist, speaking with Bloomberg. According to data analyzed by Bloomberg, 173 small farms have filed for bankruptcy in 2025, a more than 63% increase when compared to small farm bankruptcies in 2024, and the highest number since 2020.
Author: Alexander Willis
Published at: 2025-07-23 21:48:02
Still want to read the full version? Full article
