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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“That’s just one of the big drawbacks to living where we do is we just don’t have a lot of options and cotton is just about our only way of life.”
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“It’s a growing problem... Beekeepers are already under pressure so hard to keep their hives alive, and this is just another stressor that beekeepers don’t need.”