Articles tagged under: bankruptcies
Fewer Farm Bankruptcies Across the U.S.
Published August 20, 2021
A report from the American Farm Bureau Federation’s Market Intel says data from U.S. courts shows a 24 percent decline in bankruptcy filings year-over-year. Farm Bureau says higher commodity prices and well-timed government payments has farm bankruptcy filings at the…The Number of Chapter 12 Bankruptcies Increase
Published October 31, 2019
USDA is projecting 2019 farm income at $88 billion. That’s the highest net farm income since 2014. Farm debt is projected to be record high at $416 billion. For the 12-month period ending in September, Chapter 12 farm bankruptcies totaled…An Increase in Farm Bankruptcies in the Midwest
Published March 27, 2019
A report from the Minneapolis Federal Reserve Bank shows farm stress and bankruptcies have increased in the upper Midwest. The Federal Reserve ninth district reported 103 chapter 12 bankruptcies in 2018, compared to 79 the previous year. Farmers in the…