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Expiration of tax credits could mean larger health insurance bills for ND farmers

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MinotVoice
MinotVoice
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North Dakota News Cooperative
Michael Standaert

North Dakota News Cooperative

North Dakota farmers are staring down a tough road ahead, squeezed by rising health insurance costs and falling crop prices. With Affordable Care Act tax credits set to expire in 2025, many farm families could see premiums jump more than 75%—a blow for households already carrying heavy debt loads. At the same time, soybean growers are facing shrinking export markets as China turns to Brazil and Argentina, leaving bins full and buyers scarce. The combination of higher costs, lower prices, and limited storage is deepening concerns about farm solvency heading into 2026. Michael Standaert with North Dakota News Cooperative has the full story.

North Dakota News Cooperative
Michael Standaert

North Dakota News Cooperative

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MinotVoice

MinotVoice

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