There was a 55% increase in Chapter 12 bankruptcy filings last year, according to Farm Bureau

Finances are still tight, and new data shows it has become dire for some operations.

Numbers from the Farm Bureau show 216 farms filed for Chapter 12 bankruptcy last year, which is a 55 percent increase from 2023. Despite the jump, that is still down from the nearly 600 filings back in 2019.

All regions saw a rise, but areas outside the contiguous U.S. saw their bankruptcies triple last year.

Click here to read the full report

Related Stories
“A can for your favorite pie, bread, or whatever, it is probably Illinois-grown.”
The Washington Tree Fruit Association says this is not surprising and notes the USDA has offered a lifeline to growers while they transition away from the cannery market.
October 29 – November 1, 2025

LATEST STORIES BY THIS AUTHOR:

Chancey Williams joins us in the studio to share his history with FFA as we continue our Countdown to Convention sponsored by Culver’s.
FarmHER Erin Cumings shares how Nationwide’s “Every STEP Counts” helps farm and agribusiness owners prioritize safety.
The idea of buying more beef from Argentina does not sit well with much of farm country, raising some questions from analysts and producers.
As we continue our Countdown to Convention presented by Culver’s, we meet some of the people who help bring the event to life.
Shaun Haney, Host of RealAg Radio, discusses President Trump’s move to halt trade talks with Canada and Mexico over a commercial about tariffs launched by the Government of Ontario.
Input costs are top of mind for farmers, as they contribute to higher prices and smaller profits.