Two Tennessee farmers tell 60 Minutes they expect to lose nearly $800,000 this year combined, leaving them in the red, like many farmers across the country. Major row crops, including corn, soybeans, cotton, and wheat, haven’t been profitable since at least 2022. “The morale in the farming industry, not just farmers, is the lowest I’ve ever seen,” says Franklin Carmack, a fifth-generation farmer. “Everybody’s on edge.” In the first six months of 2025, there were 57% more farm bankruptcies than d