Farmers in Iowa and across the U.S. are facing significant challenges, including rising input costs due to the Iran war, low crop prices, and increased health insurance premiums, according to a CNBC report. This comes despite President Donald Trump's promises of a "golden age" for agriculture. The American Farm Bureau Federation projects a $32 billion loss on major crops in 2027, and farm bankruptcies increased in 2025 and 2026. Trump's approval among rural voters has also reportedly fallen to 44% in July, down from 60% at the start of his second term.