Arkansas Ag Economist: “What we’re seeing is a real surge in Chapter 12 filings across the nation.”

Farm bankruptcy filings are on the rise this year, signaling the ag sector could be facing the same high financial pressures it saw pre-pandemic.

University of Arkansas Ag Economist, Dr. Ryan Loy, spoke with RFD-TV’s own Suzanne Alexander about filing numbers, the effect of the health of the U.S. economy, and contributing factors.

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“Crop land values continue to be steady, but there are some areas of strain and weakness.”
“Greening disease, that industry has been totally devastated.”
“It’s a down crop across the board.”