Farm Bankruptcies Bucking Trend, Fall to Six-Year Low
According to the data from the U.S. Courts, there were 24 percent fewer filings over the past year with the total number of 438 representing the lowest number since 2015.
According to the data from the U.S. Courts, there were 24 percent fewer filings over the past year with the total number of 438 representing the lowest number since 2015.
For some producers, 2020 will be a year remembered for its extreme turnaround in prices and demand, and a more profitable end due to historic ad hoc government payments. For others, however, it may be remembered as the year of the bankruptcy.