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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January 28, 2025 02:11 PM
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“The other fruits and veggie guys, they’re just kind of a wait-and-see type of position.”
January 28, 2025 01:59 PM
January 28, 2025 01:11 PM
January 28, 2025 12:50 PM
January 28, 2025 09:32 AM
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“We find lots of public support when there is a natural disaster, but maybe a little bit less when people think prices are too low.”
January 27, 2025 05:01 PM