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OPINION Historic flooding across the heartland has left large swaths of farmland underwater and farmers unsure of when – or even if – they will be able to plant their crops.

Unfortunately this stormy spring is just another in a series of blows to rural America. The financial security of our farmers and ranchers is increasingly at risk. The most recent reports from the federal government indicate that a growing number of farm-loan recipients are falling behind on payments.

Last week the Federal Deposit Insurance Corporation – FDIC – released its quarterly report on the state of the nation’s financial institutions. The rate of agricultural loans that are past due or in nonaccrual status has reached the worst level since early 2012, according to a Reuters analysis of the data.

Diane Ellis, director of the Division of Insurance and Research at the FDIC, said the agency continues to monitor challenges in the agricultural sector and that some farm banks are reporting asset-quality deterioration.

Farms are struggling to make ends meet in the face of difficult market conditions and unpredictable weather, putting a strain on the financial systems that support rural America. The banking data presented by Ellis demonstrates that the rise in noncurrent loans mostly affects community banks more or less in the middle of the country.

A recent Wall Street Journal article quoted Tracey Allen, an agricultural commodity strategist at JP Morgan, regarding the spring planting delays and the financial hardships many farmers face.

“We have some of the highest delinquency rates among U.S. farmers ever. That’s really terrifying,” Allen said.

But Ellis said it’s not a new trend. Trouble has been brewing for several years.

Earlier this year Farm Policy Facts highlighted the toll that years of depressed commodity prices and escalating costs has taken on the farm economy. Farm income has dropped more than 50 percent since 2013, while farm bankruptcies are on the rise. Add to that mix ongoing uncertainty with our global trading partners, where farmers take the brunt in depressed crop prices and greater input costs, and we have a recipe for disaster.

Not only do we rely on the food and clothing provided by America’s farmers, but our nation’s economy is intrinsically tied to the success of the agricultural community. Financial woes on the farm often have reverberating effects. The troubling news out of the FDIC this past week bodes ill for the future.

Rural America is resilient. Our farmers will continue to work the land in hopes the next season will bring renewed abundance. But they are also relying on Washington, D.C., to take decisive action to stand by U.S. farm families as we negotiate a quick end to ongoing trade disputes.

Standing idle and allowing rural America to endure another farm crisis like the one we faced in the 1980s would set our economy back in incalculable ways. We must support our farmers through these challenging times, just as they support us every day.

Farm Policy Facts is a coalition of farmers and commodity groups created to educate members of Congress and Americans about the importance of agriculture and its contribution to a strong and vibrant United States. Visit for more information.