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News Wire / economy

Farmers Face Economic Strain Amid Rising Costs

developing WBAA News On AM 920 - West Lafayette, IN West Lafayette 1h1h Impact 7
Farmers are experiencing economic strain due to rising input costs for seeds, fertilizer, and equipment. Many are operating as price takers, unable to pass on increased expenses. This situation is contributing to farm closures and bankruptcies, with some farms struggling to remain afloat.

Topics

farm economy input costs farm closures

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Sources · 7 independent

WBAA News On AM 920 - West Lafayette, IN

“We've seen far In the neg Three years a continue to strain Farm economy But So just be more exp Yeah”

WBAA News On AM 920 - West Lafayette, IN

“Farm b But Farm bank re And Most of our farms”

WBAA News On AM 920 - West Lafayette, IN

“Farming completely Seen an increase But also farm closure Yeah Farm bankrupt”

WBAA News On AM 920 - West Lafayette, IN

“Farm closures Farm bankruptci From Farm clos More and more carefully And so it So we've generation farms Yeah close And sell Larger Um And how big a that they can stay af Yeah”

WBAA News On AM 920 - West Lafayette, IN

“So we have seen an incre Farm bank And then Math out After leaving You know six Seven generation far Yeah close Yeah Most of this land was in agriculture Yeah Um And have bigger They can stay af Fa”

WBAA News On AM 920 - West Lafayette, IN

“Also Farm bank So we' Increased of More and more kids After leaving school Um right now So it' So we've se Generation farms Yeah”

WBAA News On AM 920 - West Lafayette, IN

“And farming community Are you seeing In the Farm closures Farm bankrupt Only for folks They work other job Farming And we More and more kids Um after leav After leaving the Um right now the Economic situation And so”

WBAA News On AM 920 - West Lafayette, IN

“seed the Yeah Ye And all of Continue to add Yeah Expenses are going Are you So we have seen But also Ye Bankruptcies So we've se Seen an increase Farm closure Ye We're off the sc Yeah Um right”

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