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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“When you’re a small family farm, security is often an afterthought, if a thought at all.”
“I don’t think we’re going to see cattle coming across the border at all because of that increase in their cases in Mexico.”
“People got to start small and build themselves up.”