Another Sign of Trouble in the Ag Economy: Farm Bankruptcies Are on the Rise

Ag Web

It’s no secret there’s trouble in the ag economy. As AgWeb reported in March, the Ag Economists’ Monthly Monitor found 62% of ag economists think the row crop side of agriculture is currently in a recession, and 85% think the situation will accelerate consolidation on farms and among agribusinesses. A new report from Bloomberg Law shows family farm bankruptcies are also on the rise.

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kristen oaks