(Bismarck, ND) — The frequency of farmer bailout programs have officials concerned about agriculture’s future. The Bank of North Dakota says its loan programs have chipped in more than 435 million dollars in loans since 2024. Bank President Don Morgan says he’s relying on hope that the programs get farmers through the 2027 harvest and the prolonged stress on the industry is taking its toll. Federal and local loan programs are becoming the standard to keep farmers in business as opposed to the exception. North Dakota State University Extension agriculture specialist Bryon Parman says part of the problem is the price of land not producing an equal output and that the issues started to appear in 2022.
