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Many farmers are going into 2026 on the brink

Kevin Deinert grows soybeans and corn and also raises cattle on his family's farm near Mitchell, South Dakota
Kirk Siegler
/
NPR
Kevin Deinert grows soybeans and corn and also raises cattle on his family's farm near Mitchell, South Dakota

EDITOR'S NOTE: This year, NPR's American Voices series has told the stories of people directly affected by President Trump's policies since his return to the White House. Trump has said  farmers would feel short term pain as he shakes up American trade. The White House now says 2026 will be a lot better for them. But optimism was hard to find on a recent road trip across South Dakota.

MITCHELL, S.D. - 2025 brought another unprofitable harvest in the Heartland, where soybean farmers were already dealing with high equipment and fertilizer costs due to inflation and tariffs.

Kevin Deinert farms the same land his great-great-grandfather did near Mitchell, South Dakota, about 80 miles from the Iowa state line.

"I'd be probably the fifth generation, I've got sons, that'd be the sixth that possibly would want to take over the farm," Deinert says over the hum of his tractor.

Lately it's a fight to just stay in business one year to the next, never mind legacies. Deinert is 38, in a thick, worn hoodie, his brown hair cut short. He climbs out of his tractor and onto the slush in front of four-story high grain bins.

They're still full of soybeans.

"Too full," he says.

Deinert is hoping to store them a few more months, hang on until maybe prices go up and there's a new trade deal with China, historically the Dakotas' biggest buyer.

"We haven't seen anything in writing, and until we do it's hard to get overly excited, we're optimistic," he says.

The White House says China agreed to buy 12 million bushels of soybeans this year and about double that next year. That would be roughly what they bought from here before Trump's trade war, in which China stopped buying any U.S. soybeans in retaliation for tariffs of up to 145 percent he imposed on their exports to America. In farm country, there are growing questions about whether this was all this even worth it.

Deinert isn't eager to get into the heated politics.

"I understand why they did it and how they did it," he says. "It's unfortunate that usually the American farmer and specifically the soybean farmer is used on the tip of the spear."

The harvest now over, the bitter cold of winter has settled in over the Dakotas
Kirk Siegler / NPR
/
NPR
The harvest now over, the bitter cold of winter has settled in over the Dakotas

Heartland states went big for Trump in 2024. He racked up bigger gains in rural counties than in his two previous runs. The president's recent $12 billion aid package to farmers reeling from his trade war is billed as a "bridge payment," to buy more time for negotiations.

Running out of time and patience

Agriculture Secretary Brooke Rollins has insisted farmers will get the certainty they've been asking for in the coming weeks so they can go to their banker and get loans. In Aberdeen, South Dakota, about 130 miles north of Deinert's farm, John Kippley is skeptical of federal promises, and says farmers needed the money yesterday.

"You can't take that to the bank and tell 'em that, you're gonna get this bridge payment and they'll ask you how much, [well] nobody knows," he says.

Kippley runs a tax firm here. Many of his clients went to harvest in the red this year and bankers are now telling some to sell out. The government lending firm Farmer Mac predicts more than half of farmers won't turn a profit next year.

"If they don't have a dad or a grandpa or an uncle that's got everything paid for to work with, you're most likely not going to be able to stay farming," Kippley says

Kippley is eighty. His farm just barely made it through the crash of the 1980s, which caused huge rural flight. People are worried 2026 could bring another bust, maybe worse, with ripple effects like more small town hospitals and schools closing.

Farmers are still wondering what the end game is

The anxiety was palpable at the 115th meeting of the South Dakota Farmers Union in Huron.

Farmers unions historically have leaned Democrat. But even more conservative groups like the Farm Bureau have been more muted than usual in their praise for Trump on the $12 billion aid package, calling it "a good first step."

In an interview between sessions, South Dakota Farmers Union president Doug Sombke isn't sure what the end game is.

"I mean he's back at the fire trying to put it out with a garden hose," Sombke says. "And it's an inferno."

Sombke says the tariffs are just compounding problems that have been building since that farm economy crash in the 1980s. Later, in the '90s, those who stayed in business were told to get big and export to become profitable and survive. Sombke says it's hard to get back to just growing for America like Trump has said he wants.

"This time it's even going to be worse for the simple fact that farmers today have so much leveraged," Sombke says. "I mean, the borrowing amount that they have, it's not just tens of thousands anymore, it's hundreds of thousands and somewhere in the millions."

It's not all doom and gloom in the Ag sector though

Thanks to high beef prices, ranchers like Kory Bierle are finally getting a reprieve after years of punishing droughts that caused herds to be downsized.
Kirk Siegler / NPR
/
NPR
Thanks to high beef prices, ranchers like Kory Bierle are finally getting a reprieve after years of punishing droughts that caused herds to be downsized.

An early season blizzard is whipping a brutal wind across the prairie, which can feel bleak especially this time of year when daylight is so precious. Country highways weave through farms, the occasional abandoned homestead stands eerily in the frozen stubble of corn fields.

Finally, 150 miles later, the massive Missouri River and the unofficial line where the row crops of the lush Midwest start to give way to the rangeland of the arid West.

This is cattle country.

"The old rule always was always the 100th Meridian, the 100th to the 101st Meridian," says Kory Bierle, with a warm handshake as he jumps out of his pickup. 

Bierle's family has ranched here along the rugged, shale-carved banks of the Bad River for more than a century.

There are a lot of headwinds in the ag economy right now. But Bierle, 60, still has hope going into 2026. He recounts fondly a story he heard from another rancher who visited the White House for a ceremony. A staffer asked them to hang back because the President wanted to meet them after.

"And Trump brought the cowboys back in and said, 'these guys, these guys are what make America great,'" Bierle says.

Bierle's also optimistic because high beef prices are one of the few bright spots in the farm economy right now. Ranchers are getting a reprieve after years of drought and the pandemic.

"We're not partying yet but you know, you feel for them [the farmers], because at the same time we know exactly what it's like," he says.

He's finally got enough money coming in to pay off some debts. But he'll keep budgeting conservatively. He won't expand his cattle herd anytime soon. It feels like there's always another shock no one sees coming, that Black Swan event, just around the next bend.

Copyright 2025 NPR

Kirk Siegler
As a correspondent on NPR's national desk, Kirk Siegler covers rural life, culture and politics from his base in Boise, Idaho.