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Farmers across Alabama and the nation are facing historic economic hardships that threaten the future of family farms. Record inflation, skyrocketing input costs, rising interest rates, and declining prices for key agricultural commodities could force many farms out of business or cause them to abandon farming altogether in 2025 if the U.S. Congress does not take swift action.
“Our row crop farmers in Alabama are encountering immense financial pressure under high input costs, increased interest rates and struggling commodity markets,” said Alabama Agriculture Commissioner Rick Pate. “I urge Congress to provide emergency financial relief for our farmers, along with a Farm Bill extension now. Many farmers cannot continue to operate much longer without immediate assistance.”
Pate emphasized that the current economic struggles are not of the farmers’ making. “The government has driven their costs impossibly high, while limiting export markets. The U.S. government must help before Alabama loses numerous farms.”
As farms remain the backbone of rural communities and food production systems, Alabama is seeking a resolution that delivers critical economic aid and disaster assistance. Such support, Commissioner Pate argues, is essential for farmers who “work every day to provide food security to our citizens, while also feeding the world.”
With the future of agriculture in Alabama hanging in the balance, Pate’s call for action reflects the urgency many farmers are feeling as they navigate these unprecedented financial challenges.