Farm bankruptcies decline in first half of 2018

Chapter 12 bankruptcies for farmers and fishermen during the first half of 2018 have dropped nine percent compared to last year but the American Farm Bureau Federation says that doesn’t mean the farm economy is improving.

“There’s a whole lot of uncertainty around all of these trade situations.  The crop is still in the ground and growing so we don’t know yet what Mother Nature’s going to deliver to us.”

Chief economist John Newton tells Brownfield says number of farm bankruptcies are higher than last year in the Corn Belt, and in Wisconsin and New York. 

Continue reading Farm bankruptcies decline in first half of 2018 at Brownfield Ag News.