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
January 28, 2025 03:43 PM
“We absolutely expect to see more of these proposals similar to this or other types of action on this topic in this session and upcoming ones as well.”
January 28, 2025 03:03 PM
January 28, 2025 02:37 PM
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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
