Chapter 12 filings climbed to 315 in the US. That’s a third straight increase annually as higher production costs and expanding borrowing put new pressure on farmers in 2026.
The financial picture for American farmers took a hit in 2024. Net farm income dropped to its lowest point in four years, farmland values started to cool, and across much
OK...it's once again time for your audacious commentator to give his hot takes on the agriculture stories that will make news in 2021. This year I've enlisted the help of Homer Simpson who truly knows something about predicting agricultural events before they happened (witness the Simpson take on a
Wisconsin had had the most farmers file for Chapter 12, or farm, bankruptcy in recent years. But one area has a particularly high concentration of filings.
The current large farms, utilizing far fewer farms than in the past has created population loss that threatens scores of small towns that sprouted on the prairie in a different time, when larger numbers of small farmers depended on them.
