No, government payments and the ridiculously generous crop insurance will "insure" they won't. You ready have to be a poor operator in this day and age to go broke farming.
My farmer buddy (who was an ag banker also and is now a real estate agent) is constantly getting checks from the govt "for some reason." His mom is getting a random payment because she's a single female (widow) so qualifies for some random program. The government programs are really crazy and no one really seems to care anymore. In the 80s, 90s even 2000s the ag bill was always a big deal.
Now it's maybe just peanuts compared to the rest of the budget. Who knows, but American farmers do quite well these days.
I used to get annoyed at this, but as I learned more I realized: Food is not optional - if we need to waste money to make sure we have food during the bad years, then it's worth it.
