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 13, 2025 12:49 PM
January 13, 2025 12:39 PM
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January 13, 2025 12:16 PM
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“We are dealing with some of the agricultural consequences in the far northern suburbs of Los Angeles with these larger fires.”
January 13, 2025 12:09 PM
January 13, 2025 11:43 AM
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“As of right now, conditions are returning back to normal, but we still got some people that are recovering from these winter storms.”
January 13, 2025 11:22 AM