Farmers face worst crisis in decades as costs soar, yields drop

MSN
2026.05.16 13:11
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Farmers are facing a severe crisis as rising diesel and fertilizer prices, exacerbated by the Iran conflict, threaten their profits and survival. Drought conditions are forcing a shift to cheaper crops like soybeans, while wheat production has plummeted to a 50-year low. The upcoming 2026 Farm Bill is under debate, with significant implications for crop support and SNAP changes affecting farmers and low-income households.