Then there's "family farming", where you have a fleet of GPS-and-climate-control-equipped John Deere's on finance and invest heavily in automated irrigation and sell to wholesalers who provide to national chains.
The former are probably fine. The latter, who provide food for the country, are generally running on huge credit lines with payments to meet and in uncertain times like this can (and regularly do) very quickly go bankrupt.
Agriculture is considered essential infrastructure in the US and not stopped. Except they can't get immigrant labor but that is a problem for the small vegetable farmers who don't need or buy the expensive equipment anyway.
Between trade policies (Canadian onion farmers, for example, are importing subsidized onions for 25% of the production cost) and the federal government no longer enforcing anti-trust law (groups of grocery wholesalers are now colluding to set prices via reverse auctions) this is one of the most bleak periods for farmers in the last century.
Other operations are like tenant farmers. Chicken producers are a great example of that. They basically own risk.
Many businesses operate on the edge or need lines of credit that may or may not continue to exist.
The exception is rich hobby farmers who have no need to make a profit and some specialty crops.
At least where I come from, most local farmers can't "go bankrupt" as they are family businesses and have very low operating costs - worst case is sitting idle at home.