President Trump's tariffs and rising costs tied to the Iran conflict are squeezing Midwest farmers who overwhelmingly backed him in 2024, creating a political test for Republicans as they seek to maintain control of Congress this November. The president won all but 11 of the 444 farming-dependent counties defined by the Department of Agriculture last year, but farmer confidence in his administration has declined sharply in recent months.
The Farm Futures Q1 survey shows support for Trump among farmers dropping 10 points from the previous polling period. Marc Short, chair of Advancing American Freedom and former aide to former Vice President Mike Pence, noted that "Make Our Farmers Great Again" hats were once commonplace at Trump rallies but said farmer sentiment has shifted dramatically since inauguration.
What the Left Is Saying
Democratic strategists see agricultural discontent as a potential opening in traditionally Republican territory. In Nebraska, independent candidate Dan Osborn represents Democrats' best chance to unseat incumbent GOP Sen. Pete Ricketts, with political observers noting that rural economic concerns could complicate Republican turnout efforts.
"The president is historically unpopular right now nationwide," said Ryan Horn, a Nebraska-based GOP strategist who nonetheless acknowledged the tariff policies and Iran war costs are hitting rural America harder than reported. "While that doesn't affect Nebraska as much because it's a very Republican state, the tariff policies... they are kind of underreported stories, how hard that is hitting rural America."
Horn noted tariffs have depressed foreign markets for grain, corn and soybeans while increasing costs for fertilizer and equipment. "Farmers are frustrated, ag leaders are frustrated," he said. "They're frustrated with these high costs. They're frustrated with the low commodity prices. It's making their lives more difficult. It's making it hard to turn a profit."
In Iowa, Democrats view outgoing Republican Sen. Joni Ernst's seat and the governor's mansion as pickup opportunities amid economic discontent. Timothy Hagle, a political science professor at the University of Iowa, said farmer frustration could affect November turnout.
"If you're a farmer and you're dealing with higher prices for fertilizer... this is obviously a very personal kind of a thing for you," Hagle said. He noted farmers are receptive to arguments about short-term pain for long-term gain but said there are limits: "At a certain point, as a farmer, you probably can't make that trade-off anymore because you've got other things that become more pressing just for your own personal financial stability."
What the Right Is Saying
Trump administration officials point to recent actions addressing farmer concerns. On Monday, Trump signed a proclamation lowering tariffs on some aluminum and steel products, including agricultural equipment, from 25 percent to 15 percent.
The president is scheduled to travel to Wisconsin this week to tout rural initiatives and "highlight his strong support for Wisconsin's farmers," according to White House spokesperson Liz Huston. "Wisconsin families put their faith in President Trump in 2024, and he has spent every single day since taking office fighting and delivering for them," Huston said.
Iowa Republican Party Chair Jeff Kaufmann acknowledged farmer frustrations while urging patience. "I'm not trying to dodge the fact that the tariffs hurt. What I am trying to tell you is we get it, our farmers get it," Kaufmann said in comments reported by Bloomberg. "My job is to keep the Trump voters voting for us and keep reminding people that things take time."
Short acknowledged Republican awareness of the political risks but framed it as a warning rather than an endorsement of Democratic alternatives. "Make Our Farmers Great Again" hats were once commonplace at Trump campaign rallies, he wrote in a Washington Post op-ed, adding: "President Trump's trade policies have punched farmers in the mouth, and this time there's no global pandemic to blame."
What the Numbers Show
The economic pressures facing Midwest agriculture are documented across multiple surveys and government data points. Fertilizer costs have emerged as a primary concern, with 70 percent of farmers indicating in recent polling they cannot afford all the fertilizer they need for their operations.
Farm bankruptcies reached their highest level in six years this April. The trend has accelerated: in 2025, approximately 15,000 farms closed and bankruptcies rose 46 percent after a 55 percent increase in 2024. By May, bankruptcy filings were up 70 percent compared to prior year levels, according to data cited by The New York Times.
Trump's tariff policies triggered retaliatory import taxes from multiple trading partners. In Canada, one of the top two U.S. trade partners, consumers boycotted some American goods and U.S. agricultural exports fell by more than $1 billion as a result.
The financial strain extends broadly across rural America: 94 percent of farmers surveyed in April said their financial situation had worsened or remained unchanged since the previous year. The administration has extended aid to farmers, including announcing $12 billion in bridge payments for those impacted by market disruptions.
Despite these challenges, Trump maintains significant support among farmers given his 2024 performance and remains the party's standard-bearer heading into the midterm cycle.
The Bottom Line
Republicans face a delicate balance heading into November. While Trump won overwhelmingly among farming communities just two years ago, rising costs, retaliatory tariffs from trading partners, and climbing bankruptcy rates have created measurable frustration in the rural heartland that powers much of the GOP's electoral coalition.
The administration has taken steps to address concerns, including tariff reductions on agricultural equipment and planned visits to key farm states. The $12 billion in bridge payments and upcoming Wisconsin trip suggest Republicans recognize the political stakes of maintaining farmer support.
However, polling data showing a 10-point decline in confidence and surveys indicating that nearly all farmers report stagnant or worsening financial situations point to potential vulnerability heading into competitive Senate races in Iowa and Nebraska. Whether economic discontent translates to actual voting behavior changes will likely determine whether agricultural concerns become a significant factor in Republican midterm fortunes.