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
“Now, we don’t know if income is dependent on a trade issue, and extra payment or disaster... or any number of things that we used to not have as high on the list of potential problems.”
“We raise one-third of the total U.S. pigs raised here come from Iowa. So, one out of every three pigs is raised right here in Iowa.”
