Farm Debt to Increase in ’26

Ag lenders expect farmers to be profitable this year, but less than half are projected to stay in the black in 2026. According to the annual survey conducted by the American Bankers Association and Farmer Mac, nearly 70 percent of lenders are very worried about profitability in the grain sector. That’s up from 15 percent two years ago. Farm income and working capital are top concerns for the lenders surveyed.