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Chapter 12 farm bankruptcies continue to increase as farmers and ranchers struggle with a prolonged downturn in the farm economy that’s been made worse by unfair retaliatory tariffs on U.S. agriculture as well as two consecutive years of adverse planting, growing and harvesting conditions. Over the prior 12 months, Chapter 12 bankruptcies totaled 580 filings and were up 24% from the previous 12 months.
Well, there it is. This coupled with farmers extending repayment on loans.
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[–] Ghetto_Shitlord ago
Well, there it is. This coupled with farmers extending repayment on loans.