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
Join the conversation on RURAL AMERICA LIVE — Tonight at 7:30 PM ET, only on RFD-TV.
Export Inspections In Bushels Show Mixed Momentum Patterns
U.S. Farmers Face Shifting Harvest Pace, Basis, and Input Costs
A new proposal from the Federal Aviation Administration (FAA) could transform how farmers use drones, allowing commercial operators to fly beyond their visual line of sight.
“USDA can no longer keep wasting its time and personnel to deploy Commissioner Miller’s infamous traps, which USDA has deployed, tested, and has proven ineffective.”
Founder Venessa Wood joins us now for a sneak peek of Ag Women Connect’s upcoming Red, White & Blue Gala.
