This week’s DataPoint is brought to you by the Precision Farming Dealer Summit, coming to Indianapolis January 11-12. The full event program is now available. To learn more and register, visit PrecisionSummit.com.

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U.S. farm sector debt is expected to reach a record high, $605.1 billion in 2026, according to the latest USDA forecast, a 4.5% nominal increase from 2025 and a 1.5% increase when adjusted for inflation.

According to the USDA Farm Income team, farm real estate debt is expected to reach $399 billion in 2026, a 4.6% increase in nominal dollars, or 1.6% in inflation-adjusted dollars. 

Farm non-real estate debt is expected to reach $206.1 billion in 2026, a 4.4% increase in nominal terms or a 1.4%  increase in inflation-adjusted dollars.

Watch the full version of this episode of On The Record