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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Sen. Deb Fischer, of Nebraska, mentioned that Congress pushing through year-round E15 sales will do more to help commodity growers than more farm aid, which is currently a reality.
Sen. Moran joins us to discuss the farm aid package and the financial reality faced by row crop farmers in his home state of Kansas.
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.
The new rule removes prevented-plant buy-up coverage, prompting strong objections from farm groups concerned about added risk exposure.
Tight Credit, Strong Yields Define Early December Agriculture