cypress basin hospice
Hess Lay Z Boy 2019
Pilgrim’s Pride Jobs Header Oct. 2019
Sandlin – Find New Roads – It’s All About You Aug 2017
Morrell banner
Momentum Polaris Great American Thank You Nov 2019

Farm Bankruptcies Rise Again

 

More and more farmers are filing for Chapter 12 bankruptcy, a code designed specifically for family farmers with a regular annual income to create a repayment plan to their creditors over three to five years. The report attributes the increased bankruptcies to the tariffs on U.S. agriculture, a downturn in the farm economy and adverse planting, growing, and harvesting conditions. By the end of the year, that debt is expected to reach a record of $416 billion.