The Farmers' Party (Icelandic: Bændaflokkur) was a political party in Iceland between 1912 and 1916.
The party was established in 1912 by several MPs, but suffered a split in 1916 when some members left to form the Independent Farmers. In the August 1916 elections to the new upper house of the Althing, the party finished fourth with 7.5%. However, by the October elections to both houses, it finished third in the popular vote, winning four seats in the lower house and one in the upper house. Following the elections it merged with the Independent Farmers to form the Progressive Party.
A new Farmers' Party was formed in 1933 following a breakaway from the Progressive Party.