farm bankruptcies

From 2023-2024, farm bankruptcies increased 55% and are trending even higher in 2025.  Farmers are continuing to struggle with low prices for their agricultural commodities and the high costs of inputs needed to grow those crops.   Bloomberg said unpredictable tariffs, immigration overhauls, federal programs being cut, and frozen USDA funding are now part of the challenges farmers face as they loo

Elizabeth Burns-Thompson, Executive Director for the Modern Ag Alliance, is leading efforts to advocate for U.S. farmers' continued access to the tools they rely on to grow our food while facing increasing obstacles.   "The list of challenges facing agriculture today is, frankly, growing by the day," she noted.  "J...

After decreasing year after year dating back to 2020, the number of farm bankruptcies increased last year.  With 216 farm bankruptcies last year, that marks a 55% increase from 2023; the first such increase since 2018-2019.   According to the American Farm Bureau Federation, Chapter 12 bankruptcies filed in the Northwest doubled from 2023 to 2024.  But, with 12...