03/20/2026 | Press release | Distributed by Public on 03/20/2026 14:45
Donald Trump says he "loves farmers" and that he'll "never do anything to hurt our farmers," but his reckless trade war has devastated America's farmers, and his unpopular war of choice with Iran has pushed them to a breaking point. The closure of the Strait of Hormuz has sent fertilizer prices skyrocketing and left farmers squeezed as the spring planting season begins.
In a new letter to Trump, the American Farm Bureau Federation and other major agriculture groups sounded the alarm on the war with Iran, inflation, and severe weather, saying "the closure of the Strait of Hormuz sent fuel and fertilizer prices skyrocketing - further straining a farm economy that already had its back against the wall due to record inflation, trade uncertainty, rapidly declining crop prices and catastrophic natural disasters."
In response, DNC Communications Director Rosemary Boeglin released the following statement:
"Donald Trump has repeatedly abandoned American farmers, first with his reckless trade war that hollowed out farms across the country, and now with his deadly and costly war with Iran that is sending costs soaring for farmers just as the new planting season begins. Time and again, Trump has sold out American farmers, prioritizing foreign interests and billionaire tax cuts, while family farms are pushed to the brink of collapse and rural communities are left devastated. So much for 'America First.'"
Trump's disastrous trade war has already devastated American farmers, locking them out of their markets completely, and now family farms are struggling to sell their crops and avoid going bankrupt. Last year, family farms went bankrupt at the fastest pace in five years alongside record-high farm debt, and the February 2026 Future Expectations Index for farmers fell to its lowest level since September 2024 amid concerns about the economy. A whopping 76% of economists say the U.S. crop sector is in a recession, 74% of producers agree, and more than 76% of economists believe conditions are worse than a year ago.
To add insult to injury, Trump and his Treasury Secretary Scott Bessent chose to bail out Argentina's economy last year to the tune of $20 billion, while American families and farmers bear the brunt of their disastrous policies.