Commodities

U.S. Farmers Bracing for Worst Losses Since 1980s Amid War-Driven Price Spikes

Guavy AI Editorial Team Published August 25, 2026

Instruments

Corn

U.S. farmers are facing their worst financial crisis in four decades due to the Trump administration's war against Iran, which has triggered sharp spikes in diesel and fertilizer prices.

The Financial Times reported that new research from the American Farm Bureau Federation (AFBF) shows that without government assistance, farmers growing nine major crops including corn will lose $31 billion this year, with losses widening to $32 billion in 2027.

Corn growers are losing $131 per acre this year, while soybean growers are losing $80 per acre. John Hansen, president of the Nebraska Farmers Union, characterized the current situation as 'the most severe financial downturn in agriculture since the 1980s.'

U.S. Farmers Bracing for Worst Losses Since 1980s Amid War-Driven Price Spikes

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