Farm bankruptcies are soaring year-over-year. An ag attorney says that the new data includes some alarming numbers.
Joe Peiffer says, “The Administrative Office of the United States Courts points out, in the first six months of 2025, 181 Chapter 12 bankruptcies were filed nationwide. That is up 57% from what it was in 2024. That’s more filings than we had in either 2022 or 2023.”
He says that losing the China ag market is a contributing factor, and it will be hard to correct.
“Now China’s buying from Argentina. It’s been buying soybeans from Brazil. Once you lose a market like that, the chances of getting it back are really slim, because we’re no longer viewed as a reliable supplier because of the trade things that are going on.”
Peiffer says that it is not only the financial loss, but the emotional strain on farmers that is taking a toll.
He says that it is “fish or cut the bait” time for a lot of farmers and recommends they talk to an experienced bankruptcy attorney and tax advisor.
The Supreme Court’s ruling could affect pesticide warning claims well beyond Roundup. Richard Gupton with the Ag Retailers Association joins us to explain the importance of federal pesticide labeling standards and discuss the potential impact on the ag industry and supply chain.
April 25, 2026 07:00 PM
·
Rural population growth supports long-term stability of the ag workforce.
April 25, 2026 03:11 PM
·
Farm Credit’s Christy Seyfert joined us to discuss the ag industry’s push for swift Farm Bill action as it heads toward a House vote.
April 24, 2026 03:28 PM
·
Bridge payments are helping, but many producers still face losses and tight margins. AEM’s Curt Blades joins us to discuss how the current farm economy is pressuring equipment demand.
April 24, 2026 03:21 PM
·
Feed demand and premiums drive growth for the crop
April 24, 2026 02:57 PM
·
Purdue economist Dr. Joana Colussi discussed the U.S. and Brazil’s reliance on imported fertilizers and their impact on global food security amid rising input costs.
April 24, 2026 01:28 PM
·
