2024 Farm Bankruptcies Highlight Worsening Farm Credit

By Samantha Ayoub

American Farm Bureau Federation

An indicator of farm financial health across the country, Chapter 12 bankruptcy provides farmers and ranchers with increased flexibility for paying off debt, and is used when all other options have been exhausted. AFBF Market Intel reports have long followed annual filings of Chapter 12 farm bankruptcies, through good and bad years for the farm economy.

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Allie Shipley