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Farm Bankruptcies Rise and Gas Price Pressure Grows

Farm Bankruptcies Rise and Gas Price Pressure Grows
Apr 06, 2026
By Farms.com

Campaign targets Midwest lawmakers amid farm crisis and fuel surge

Rural Voices USA has launched a new phase of its “Stop the Stall” campaign, calling on lawmakers to pass year-round E15 legislation. The campaign focuses on key congressional districts in Iowa, Minnesota, and Wisconsin, where both farmers and consumers are feeling economic pressure. 

The updated campaign includes digital advertisements and billboards that highlight rising fuel costs and challenges in the agricultural sector. A new message urges people to tell Congress to act, especially as gas prices approach $4 per gallon across the country. 

Since the campaign began earlier this year, the situation has worsened. Fuel prices have increased by more than $1 in a single month. At the same time, new data shows that the United States has lost nearly 150,000 farms over the past five years. Small and family farms have been the most affected. 

Farm financial stress is also rising. Bankruptcy filings under Chapter 12, a system designed for family farmers increased sharply in 2025. Some states, including Wisconsin, have reported especially large increases. 

E15 fuel, a gasoline blend with 15% ethanol, is currently priced lower than regular fuel by about 28 cents per gallon. Supporters say it helps consumers save money while also creating demand for crops like corn. 

"Gas prices have doubled in a month. Farmers are going bankrupt at a rate we haven't seen in years. And Congress left town," said Chris Gibbs, Board Chairman of Rural Voices USA.  

"The fact that the administration had to issue yet another emergency waiver proves the point. E15 works. It lowers prices for consumers and creates markets for farmers. Congress needs to stop protecting a handful of oil refiners and pass year-round E15," said Gibbs. 

Although temporary waivers have allowed E15 sales during certain periods, there is still no permanent nationwide policy. This has led to repeated emergency actions instead of a long-term solution. 

The campaign also highlights the broader economic benefits of E15. Estimates suggest it could create over 128,000 jobs, add billions to the economy, and reduce dependence on imported oil. 

Through advertising and public outreach, Rural Voices USA is encouraging Congress to pass legislation that would allow year-round E15 to use and provide stability for both farmers and fuel markets. 

Photo Credit: shutterstock-dickgage


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