Farmers facing crisis of uncertainty — reversing tariffs only way to end it
Right now, rural America is facing a crisis of uncertainty. In Minnesota and across the country, farmers are having trouble making ends meet amid low commodity prices and increasing costs, and farm financial conditions are deteriorating. Farmer loan repayment rates continue to decline in Minnesota and across the Midwest, and small farm bankruptcies have reached a five-year high. Why? Our farmers can’t offset the toll the administration’s tariffs are taking on the rural economy. As I visited family farmers across western and southern Minnesota last month they told me just ...