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.
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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.”
Here are the top agriculture news headlines from RFD-TV News today (Thursday, Feb. 27, 2025) and the top trending stories on RFD-TV News.
“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.”
