What economic problems confronted American farmers in the late 1890?

In the late 1890s, American farmers faced several economic challenges, including falling crop prices due to overproduction and international competition, which significantly reduced their income. Many farmers were also burdened by high debt levels from purchasing land and equipment, compounded by high interest rates charged by banks. Additionally, the deflationary economic climate made it harder for them to repay loans, leading to widespread foreclosures and financial distress. These issues contributed to the rise of populist movements advocating for reforms to support farmers.