Archive · 19 Sep 2025
US Farmers Face Margin Pressure Due to Trade Uncertainty
Imagine farmers in the US are like business owners who sell crops.
They're having a tough time.
The prices for what they sell are going down, while the costs to grow the crops, like fertilizer, are going up.
This is because of uncertainty in trade, such as tariffs.
Farmers' profits, or margins, are predicted to drop.
Soybean profits may be around 13%, and corn profit could fall to 7%.
These profits may be low enough that if you count all costs, they're actually losing money!
It is predicted farmers will need some help, such as from the OBBBA program.
Even though it is tough, farmers are still planting lots of crops, which will help make food.
Overall, the situation is tough due to rising costs and lower prices.
Trade uncertainty, due to tariff announcements, impacts US farmers' 2026 season plans.
Farmers face higher production costs, including rising fertilizer prices, especially phosphate.
Soybean profitability is projected to be approximately 13% in 2026.
Corn operating margins are forecast to decline from 13% in 2025 to 7% in 2026.
Record output is expected for corn, soybeans, and wheat, despite margin pressure.
- Who
- US farmers
- What
- Facing financial challenges due to trade uncertainty and rising input costs
- When
- 2026 season and beyond
- Where
- United States
- Why
- Trade uncertainty, declining commodity prices, and high input costs are putting financial pressure on farmers.
- Report Source
- RaboResearch
- Key Concern
- Rising fertilizer prices, especially phosphate
- Soybean Margin (2026)
- Approximately 13%
- Corn Margin (2026)
- 7%
- MAP Affordability Index
- -0.68 (lowest since 2010)
- Global Wheat Stock Trend
- Downward since 2019/20