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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Make sure to tune into AARP Live on RFD-TV the third Thursday of every month for “Rural America Live – With AARP.”
CLAAS is pleased to announce its title sponsorship of the RFD-TV broadcast studios in Nashville, TN. The RFD-TV studios were officially recognized as the “CLAAS Studios” on July 3, 2023 further advancing the recognition of CLAAS as a leading large equipment manufacturer in North America.
