Survey High: 91% of Ag Economists Say Crop Sector in Recession, Losses Likely Through 2026

The financial squeeze gripping row crop agriculture is only growing more severe, according to the latest Ag Economists' Monthly Monitor. As of September, 91% think the U.S. crops sector is in a recession, which is an all-time high for the anonymous survey, and few see relief in sight. In July, 53% of ag economists responded agriculture was in a recession. That number was 72% in May.