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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“These regulations, what we’re doing and what it does it just adds cost and burdens to our ag producers as they’re trying to feed, fuel and clothe the world.”
“What we’ve seen over the years is a real lack of proper management of those resources!”
“I see a path forward on this one. This is good for farmers and ranchers in this time of uncertainty.”