America’s farmers may see deeper losses in 2027

Farm Bureau projects U.S. farmers will lose $32B on major row crops in 2027 as high costs and weak commodity prices continue to strain economies.

American farmers could face another year of steep financial losses in 2027 as inflation, weak commodity prices and volatile production costs continue to pressure the farm economy, according to a new American Farm Bureau Federation analysis. The organization projects farmers growing the nation’s major row crops will collectively lose $32 billion in 2027, up from an estimated $31 billion in 2026, while many specialty crop producers continue to struggle with losses that have persisted for several years. The updated analysis, published in the latest Farm Bureau Intel, found that most major crops are expected to remain below breakeven on a per-acre basis next year. “The Farm Bureau Intel states, ‘Corn losses are projected to increase from $131 per acre in 2026 to $167 per acre in 2027. Soybean losses are projected to increase from $80 per acre to $138 per acre, wheat losses from $114 per acre to $145 per acre and cotton losses from $342 per acre to $406 per acre. Rice, sorghum, oats, ...