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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Large carryover stocks continue to put pressure on commodity prices, creating uncertainty for growers looking to market their grain.
Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
Record crops are increasing grain storage needs, prompting safety experts to remind producers of the risk of grain bin entrapment during harvest.
The impacts of the government shutdown have reached commodity growers with crops to move, ag economists monitoring the harvest without key data reporting, and meat producers in need of new export markets.
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Export Inspections In Bushels Show Mixed Momentum Patterns
